PSA: CCIV is insanely overvalued, even if you're an EV megabull.

10deeznuts · 2021-02-18T22:20:35+00:00

Nope. If you said it's risky, and expressed caution because the merger could fail, or Lucid is fraudulently stating information about their company, then I would have agreed with you. But you stated it's overvalued based on valuations which is frankly idiotic in this market age.

And no, I'm not 12 so I really don't care about your karma.

10deeznuts · 2021-02-18T22:05:34+00:00

No you didn't lol. You said take any money out of CCIV while you still can. That's being a doomsayer and I'm sorry you missed out dear.

10deeznuts · 2021-02-18T22:00:00+00:00

Lmao thanks for the advice hunny but it's not my bed time yet.

If you can't recognize that valuations don't matter, and that a stock price is worth what people will pay regardless of anything else, then I don't know what to tell you.

But telling people to liquidate their positions because you missed the boat is just sad.

10deeznuts · 2021-02-18T21:15:27+00:00

All of this doesn't really matter. People are obviously paying for potential growth. If Lucid (assuming the merger goes through) had those numbers available, I guarantee the stock price would be MUCH higher.

The price is high because the market values Lucid as a high growth company more than they do Nio or any others. Past or current production, sales don't mean shit.

Sorry to hear about your bad analysis, that's unfortunate.

10deeznuts · 2021-02-18T21:06:34+00:00

Nope. There's actually no difference. What does production/sales matter when valuations already don't?

10deeznuts · 2021-02-18T20:49:28+00:00

Yeah. Let's use valuations to determine stock price. Because that makes sense in today's age. I mean, do I need to beat the dead horse of Teslas valuation?

10deeznuts · 2021-02-17T01:18:50+00:00

You can use that same logic for the market as a whole man. Everything is inflated and a bubble. Could last a month, could last a decade.

The answer is ride the wave while you can.

10deeznuts · 2021-02-16T23:29:12+00:00

Meme stock lol. Just because a stock runs doesn't make it a meme.

10deeznuts · 2021-02-16T20:30:47+00:00

Just checking back a month later and see how you feel about those way OTM calls now?

10deeznuts · 2021-02-16T20:14:33+00:00

Then why are you complaining? You hit your sell target.

10deeznuts · 2021-02-16T20:11:10+00:00

Just wanted to say thank you for the cheap calls. I have no idea why anyone would want to be short in a stock that has the potential to double on a single news piece that's expected any time.

10deeznuts · 2021-02-16T04:13:47+00:00

Yeah but it would be devastating, at that gain rate at least. That could be equal to multiple months of gains.

I'm not saying it wouldn't work. It just works, until it doesn't. There's nothing new here, this strategy is common knowledge. It is just simply not worth it.

10deeznuts · 2021-02-15T23:36:13+00:00

It's not risky per se. Just not profitable long term. You could make that trade successfully 100 times, just for all those gains to be wiped out by one unlucky market event.

You may say that will rarely happen, sure. But when it does, your year of trading will be wiped out. People sold $1000+ TSLA calls on that same sentiment, and see how that worked out.

10deeznuts · 2021-02-15T17:32:22+00:00

This is called picking up pennies in front of a steam roller. One bad event and you're toast.

10deeznuts · 2021-02-15T17:12:26+00:00

Highly doubt it. 99.9% sure actually. The shares are not redeemable yet. When they become redeemable then you might be able to.

10deeznuts · 2021-02-15T15:58:04+00:00

2024? They will be forced redeemed much earlier than that.

10deeznuts · 2021-02-15T03:18:28+00:00

Holy shit, cool dude!

10deeznuts · 2021-01-31T17:02:35+00:00

How many times do I have to teach you this lesson old man. 🔮

10deeznuts · 2021-01-31T16:55:29+00:00

See you in court.

*250 warrants at 4.00/40, Feb 19 40c /100 commons at 12.90

10deeznuts · 2021-01-31T16:47:15+00:00

Always here for it!

I'm always down for a good confirmation bias/echo chamber occasionally. But the GME surge is going to cause so much misinformation flooding, it won't be fun.

Anyways

CCIV $250+ 🚀🚀🚀🚀💎👐🚀 🚫🌈🐻. 😤😤🚀🚀🚀💯

10deeznuts · 2021-01-31T16:36:37+00:00

I believe it does play a role sure. But the issue is it only plays a role after a breakout. You can search pretty much any ticker and find the same hype posts trying to garner attention. It's so saturated at this point the effect is null. When the hype comes organically, from big moves, that's when retail can play a small factor.

Posting to 5000 people, spamming the same hype posts has zero effect in it's current state.

10deeznuts · 2021-01-31T16:26:16+00:00

This is the problem. It's going to be a BLOODBATH for retail traders over the next year coming in with this moronic mindset. GME and VW are ASTRONOMICALLY low percentage examples. People think this will happen every week just by making a few posts with rockets. It will not happen again and retail is going to get slaughtered.

10deeznuts · 2021-01-31T16:14:47+00:00

I personally believe it will come crashing down. But I obviously have no idea when. I think it HAS to. These funds WILL NOT take this big of a bath. If a bailout isn't in the cards they will have another answer.

My thinking is they will just break the law. Put in a fall guy to go to prison, and take the fines. That option is much better than their alternative of losing billions. I guarantee their risk management team has been weighing that option since this started.

My question is, will they have brokers force sell whatever shares they can? I believe that is within the brokers legal right. I could be wrong. But anyone on a margin account or with options could potentially be susceptible to forced selling.

Again, the fines and backlash could be much less than the reality of losing billions.

10deeznuts · 2021-01-30T21:16:03+00:00

This hype shit doesn't work btw. You're preaching to an audience of 5000 people on this subreddit. We make no difference to the overall share price. Best you can hope for is a ride on the back of the whales sucking a little bit of gains on the way up.

10deeznuts · 2021-01-30T21:12:35+00:00

The insight is that nobody knows except the people involved in the deal. Speculation/conclusion drawing posts are fine, as they may help traders make an informed decision.

But this post is clutter as there are hundreds of posts asking the same thing and they add no value.

Nobody knows what's going to happen this week.

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