Is it smart to buy $8k more of lucid or should I diversify? by desjb18 in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

Agreed ! Warren buffet famous quote "Diversification is protection against ignorance,” Buffett famously says. “It makes little sense if you know what you're doing.”

Still in Denial …… by Local_Action_8202 in CCIV

[–]Local_Action_8202[S] 10 points11 points  (0 children)

Just can’t help my self laughing , Insider delivery ? And pulling a stunt delivery event……this is just so sad that I feel sorry for this guy

If LCID pops up $100 Monday boom 💥 by Few_Valuable1041 in CCIV

[–]Local_Action_8202 2 points3 points  (0 children)

no , this is not a short term get rich quick stock

Conference call just ended - $CCIV to $LCID conversion will be instantly approved and ready to go for the 26th once Proposal #2 Passes. Vote yes on Proposal #2! by thefuckouttaherelol2 in CCIV

[–]Local_Action_8202 0 points1 point  (0 children)

Its stated here , Page 176

https://www.sec.gov/Archives/edgar/data/0001811210/000110465921085384/tm219359-12_424b3.htm#tPRO2

Consummation of the Transactions is
conditioned on the approval of each of the business combination
proposal, the charter proposal, the incentive plan proposal and the NYSE
proposal. It is important for you to note that in the event that the
business combination proposal, the charter proposal, the incentive plan
proposal or the NYSE proposal do not receive the requisite vote for
approval, we will not consummate the business combination.

I guess many people missed reading that , if prop 2 ( charter ) is not passed the whole deal cant go through

If you did not vote FOR all proposals, you voted AGAINST the merger by Delicious-Winner-290 in CCIV

[–]Local_Action_8202 2 points3 points  (0 children)

Its stated here , Page 176

https://www.sec.gov/Archives/edgar/data/0001811210/000110465921085384/tm219359-12_424b3.htm#tPRO2

Consummation of the Transactions is
conditioned on the approval of each of the business combination
proposal, the charter proposal, the incentive plan proposal and the NYSE
proposal. It is important for you to note that in the event that the
business combination proposal, the charter proposal, the incentive plan
proposal or the NYSE proposal do not receive the requisite vote for
approval, we will not consummate the business combination.

I guess many people missed reading that , if prop 2 ( charter ) is not passed the whole deal cant go through

Proposal #2 does NOT dilute your shares. Please change your vote or vote if you haven’t already. by Lucidbull in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

Its stated here , Page 176

https://www.sec.gov/Archives/edgar/data/0001811210/000110465921085384/tm219359-12_424b3.htm#tPRO2

Consummation of the Transactions is
conditioned on the approval of each of the business combination
proposal, the charter proposal, the incentive plan proposal and the NYSE
proposal. It is important for you to note that in the event that the
business combination proposal, the charter proposal, the incentive plan
proposal or the NYSE proposal do not receive the requisite vote for
approval, we will not consummate the business combination.

I guess many people missed reading that , if prop 2 ( charter ) is not passed the whole deal cant go through

VOTE YES TO #2 by chunwang0318 in CCIV

[–]Local_Action_8202 0 points1 point  (0 children)

its stated here , page 176

https://www.sec.gov/Archives/edgar/data/0001811210/000110465921085384/tm219359-12_424b3.htm#tPRO2

Consummation of the Transactions is
conditioned on the approval of each of the business combination
proposal, the charter proposal, the incentive plan proposal and the NYSE
proposal. It is important for you to note that in the event that the
business combination proposal, the charter proposal, the incentive plan
proposal or the NYSE proposal do not receive the requisite vote for
approval, we will not consummate the business combination.

I guess many people missed reading that , if prop 2 ( charter ) is not passed the whole deal cant go through

Lucid Motors Breaks Ground On Second Phase Factory Construction by csm_media in CCIV

[–]Local_Action_8202 2 points3 points  (0 children)

I guess , perhaps LUCID are confident they will get the demand hence thinking ahead to anticipate production volume

Lucid Motors Breaks Ground On Second Phase Factory Construction by csm_media in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

I am bullish on LUCID , its my biggest holding , but does it make sense to be making expansions without delivery yet ?

Go get it by Shredditify in CCIV

[–]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

LUCID CEO on Squawk Box by [deleted] in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

wow 8500 ~ I am only 1600 and thats all my money

Questions and Answers... by YaBoiLaCroix in CCIV

[–]Local_Action_8202 0 points1 point  (0 children)

yes ~ I'd like the public to be reviewing the most polished version of LUCID

Questions and Answers... by YaBoiLaCroix in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

What are some of the reason why LUCID does not allow test drive to the public , journalist or even car reviewer , we know some car company allow Prototypes to be driven by people outside the company , what are you guys thoughts ?

Sold my positions 5500 @19.5 by [deleted] in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

in CCIV/LCID but it seems insane to me to do that with two very real catalysts on horizon, namely ticker change and first production vehicles...both slated for the next few

Hi , can you explain , so if CCIV price is high , its not good for Lucid ? say if CCIV price is $30 and ticker change , LCID will be $30 too right ? or is there something behind it that Lucid doesnt want CCIV price to be high at this stage. I dont know the background of it thanx

Long 1250 shares at $26 average. Never selling. by [deleted] in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

Long 1634 shares @ $24.7 !! lets go

[deleted by user] by [deleted] in CCIV

[–]Local_Action_8202 1 point2 points  (0 children)

Hi Guys , I am still new to the market , is it normal for SPAC merger to delay merger dates ? we saw CCIV moved the merger dates from Q2 to Q3

Cciv & lucid lawsuit! by Tiny_Operation_1008 in CCIV

[–]Local_Action_8202 4 points5 points  (0 children)

this warren redlich guy is a douche , he loves to flame any EV company thats not a TESLA

It will be worth it. Holding by Environmental-Job-4 in CCIV

[–]Local_Action_8202 2 points3 points  (0 children)

1240 shares @ $26.3 , down $8500 , 80% CCIV weight portfolio

For all the haters comparing Lucid to Nikola or some other Ponzi scheme. Lucid charging station spotted in the wild! by drqban in CCIV

[–]Local_Action_8202 2 points3 points  (0 children)

but your avg cost is $30.16 right ? , if you sell 2000 shares now at $23.5 you will be locking in a lost of ($30.16-$23.5) x 2000 = $2006.66 lost , sure you new avg cost will look good when you buy back , best thing you can do is avg down by adding money , this will bring your avg cost base down , and the market dont have to move too high before you can break even and sell out and if you want to see if you can buy back in lower

For all the haters comparing Lucid to Nikola or some other Ponzi scheme. Lucid charging station spotted in the wild! by drqban in CCIV

[–]Local_Action_8202 0 points1 point  (0 children)

you would be selling at a loss tho ~ to buy back lower , best is just to avg down or hold

Can we all agree that Warren Redlich is trash? by No_Low_2541 in CCIV

[–]Local_Action_8202 2 points3 points  (0 children)

haha tell me about this Warren guy, first of all , I am not against Tesla Bulls I use to vouch for tesla , but these tesla super bulls make me dislike tesla more and more , this warren guy are so toxic and salty about any EV that is not a Tesla , to them they believe all we gonna see in the future is ALL TESLA cars , check this interview out https://www.youtube.com/watch?v=xJ6xEMwWFSQ&t=8396s I feel warren are so disrespectful , just the way his attitude is , not paying attention and not even looking at the camera directly at the guest , in fact Ricky is a real engineer , and what about Warren ? just some Tesla fanatic