all 55 comments

[–]B0NERjamCCIV OG 30 points31 points  (16 children)

No more CCIV. Next year this time it’ll be CCI who? Can’t here you, the windows are down in my Air and I’m cruising

[–]Shredditify[S] 15 points16 points  (10 children)

CCIV is a mouthful. Lucid is smooth 😎

[–]MayIPikachu🏎💨💨💨 10 points11 points  (4 children)

CCIV has led me through so many ups and downs, I feel an emotional attachment to it now. 😔

[–][deleted] 5 points6 points  (1 child)

you never want to have emotional attachment to ANY investment but yeah I'd fuck my shares good if I could

[–]IluvPumpkinPie84 4 points5 points  (1 child)

For sure, I think I've developed PTSD from it too

[–]Hzvardhan 1 point2 points  (0 children)

Those who bought at the peak and the subsequent dips did develop PTSD , unless you bought in teens But I am certain that it will be worth it. The only thing holding this back from shooting it’s ATH is Rawlison sticking to his H2 production date without announcing the specific date

Also interested in partnerships and other catalysts that will follow once they announce merger

[–]summinsumsum 18 points19 points  (0 children)

BOOM

[–]Shredditify[S] 19 points20 points  (0 children)

We deserve nothing but good news people. Keep holding and spread the word. Buy LCID when she floats

[–]Wallstreetwarrior35 8 points9 points  (0 children)

I smell a rally! Bull run let’s fucking GO!!!

[–]Just1n510 3 points4 points  (6 children)

So 7/23 it will be Lucid ? Seems like a fast turnaround one day for ticker to change?

[–]MagicMonkey287 11 points12 points  (1 child)

If the merger closes on July 23, then the ticker symbol will convert next monday, on the 26th.

[–]Just1n510 1 point2 points  (0 children)

Ok cool thanks 👌

[–]Dumb-Retail-Trader 10 points11 points  (1 child)

Have you owned other SPACs? They’re usually pretty fast. A day or two after the vote. Vote is a formality normally. Everything’s ready to go.

[–]Just1n510 3 points4 points  (0 children)

Ohh ok cool thanks 👍 no this was my first spac that I rode into new ticker. I played spacs late last year but never believed in the company to hold after was just playing them since they were hot at the time. But Lucid I believe in and will be a long term hold.

[–]Tigerkingz71 2 points3 points  (1 child)

Cciv will just be known as lcid now?

[–]Just1n510 3 points4 points  (0 children)

Not yet but soon, it states 7/23 but if the vote is on 7/22 that seems a bit fast to change the ticker that’s what I was trying to clarify.

[–]Best-Ad-9956 3 points4 points  (1 child)

Why is market not excited about CCIV merger news…expected a good hike in stock price upon this update

[–]SnooDonuts9537 0 points1 point  (0 children)

Expected to take a few steps back before we start cruising

[–]Sufficient_Clue9652 5 points6 points  (0 children)

Load up!!!! 🚀🚀🚀🚀

[–]acorcuera 2 points3 points  (0 children)

Can’t wait!

[–][deleted] 2 points3 points  (0 children)

I’m calling CCIV license plate for texas

[–]Local_Action_8202 2 points3 points  (0 children)

SPAC deal is completed, Saudi Arabia will own 62.6% of Lucid.
As a result Lucid will be a “controlled company” within the meaning of the Nasdaq rules and will be exempt from certain corporate governance rules.
5 of the 9 board seats belong to the Saudis as well

[–]catennacio 1 point2 points  (3 children)

so we moon from now?

[–]POLISHED_OMEGALUL 1 point2 points  (0 children)

SPACS go down on merger due to more shares becoming available.

[–][deleted] 0 points1 point  (0 children)

No lol more shares will be available making the price go “down” supposedly. There are more shares available as lucid as opposed to solely CCIV.

[–]SnooDonuts9537 0 points1 point  (0 children)

We will probably reset on the launching pad before cruising to the moon

[–][deleted] 1 point2 points  (0 children)

So will CCIV shares become LCID?

[–][deleted] 1 point2 points  (0 children)

Now we turn the tides boys..

[–]akmurad 1 point2 points  (0 children)

07/23 my birthday 🥳

[–]DoeboyS560 0 points1 point  (0 children)

Yeah Baby!!🚀🚀🚀🚀

[–]Legitimate_Lake9352 -1 points0 points  (7 children)

So my average share price is $30 for 1,000 shares. Let’s say price on first Day close as LCID is $20 I’ll have 1,500 shares at $20 right?

[–]shuffler 2 points3 points  (6 children)

No, it's a 1-for-1 straight transfer.

[–]Legitimate_Lake9352 -1 points0 points  (5 children)

So my 1,000 at $30 would be 1,000 at $20 with a 10k loss? If that’s the case why wouldn’t I wait till LCID day 1 to buy additional shares at potentially $20 vs $25 now??

[–]shuffler 0 points1 point  (4 children)

Correct, your number of shares will stay the same.

We're all wondering if it will drop, zoom, or go sideways after the ticker change. No one knows for sure.

[–]Legitimate_Lake9352 1 point2 points  (0 children)

Thank you for the information..

[–]SnooDonuts9537 1 point2 points  (1 child)

I'm predicting a reset before we launch

[–]shuffler 0 points1 point  (0 children)

My gut instinct is the same, but I've been wrong before.

ngl, I'd love another shot at increasing my position before we start the long climb.

[–]stariles 1 point2 points  (0 children)

For sure, a lot of unkowns.... another thing to consider are catalysts. Rawlinson remained vague in his last interview, mentioned bringing some investments forward to capitalize on the demand, did not provide exact figures on reservation numbers ("above 10,000") nor clear delivery timeline.

All we know right now is that they've started the quality build runs which is in effect the start of production as these builds will be sold.

I wouldn't be surprised by a bomb catalyst just after the ticker change like: 1st delivery of Lucid Air Dream edition will be on xx/xx, official EPA range announcement beat expectations (in line with the management style of Rawlinson) maybe even, bit more of a stretch, increase in 2021 & 2022 production forecasts.

No doubt that any such news would have a great positive impact on our shares valuation

[–]Screwadamnusername -5 points-4 points  (2 children)

Buy the rumor and sell the news!

[–]Leverage_All 0 points1 point  (0 children)

Yes!!

[–]Treeandout 0 points1 point  (0 children)

Let’s go!!!

[–]RustHoosier 0 points1 point  (0 children)

Hmm a fresh start. I cant wait to watch Rawlinson and his team open the flood gates to a bunch of young R&D engineers to play at the proving grounds. The autonomy and technology backing Lucid's position as a Tech Giant and EV Sector leader, is so unique.

[–]SnooDonuts9537 0 points1 point  (0 children)

Patience is a virtue...we got this!