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Pilfered Pallbearers posted:Rip. What's your risk tolerance? If Lucid doesn't happen, you are going to be eating -70%. If you are fine with that, it definitely looks prepped to pop off like SBE/QS/HYLN/NKLA.
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Feb 2, 2021 20:20
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Arzakon posted:What's your risk tolerance? If Lucid doesn't happen, you are going to be eating -70%. If you are fine with that, it definitely looks prepped to pop off like SBE/QS/HYLN/NKLA. Yeah I’m considering just plunging in like 2k right now. I really don’t wanna lose that but it’s not the end of the world. I could always set like a 30% stop loss or something.
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Feb 2, 2021 20:22
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would there even be time for a stop loss to really execute? the only way a significant stop loss was execute would be if there was no merger, and wouldn't it plunge too quickly for retail investors to get out?
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Feb 2, 2021 20:26
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Pilfered Pallbearers posted:Yeah I’m considering just plunging in like 2k right now. I really don’t wanna lose that but it’s not the end of the world. Stop loss ain't saving you from the bad result here. If Lucid announces "We decided to do a direct listing instead" there is just an immediate fall to $10-12 with no sells in between and you lose the 70% anyways. A bunch of people got hit by someone stop loss hunting 2 weeks ago when the price fell from $18 to $16 for no reason, then went right back up over the next 5 minutes. That's all you are setting yourself up for with a stop loss.
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Feb 2, 2021 20:27
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Arzakon posted:Stop loss ain't saving you from the bad result here. If Lucid announces "We decided to do a direct listing instead" there is just an immediate fall to $10-12 with no sells in between and you lose the 70% anyways. A bunch of people got hit by someone stop loss hunting 2 weeks ago when the price fell from $18 to $16 for no reason, then went right back up over the next 5 minutes. That's all you are setting yourself up for with a stop loss. That makes sense. Thanks for the warning. Ended up going in, timed it really nicely at the bottom of that dip. I’m wondering if this huge surge is because right at the start of the bump lucid posted they are closing in on production https://twitter.com/lucidmotors/status/1356648640538845185?s=21
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Feb 2, 2021 20:32
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I really wanna cash out some profits on CCIV but jfc it keeps going up
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Feb 2, 2021 20:36
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so much money left on the table cause i rolled my calls 
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Feb 2, 2021 20:36
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i got some CCIV last week on a lark from the other thread, thanks whoever posted it
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Feb 2, 2021 20:38
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I’m already up 8% 
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Feb 2, 2021 20:39
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PokeJoe posted:i got some CCIV last week on a lark from the other thread, thanks whoever posted it Same, this is a heck of an intro to SPACs.
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Feb 2, 2021 20:41
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wtf guys
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Feb 2, 2021 20:44
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thats not candy posted:wtf guys 🚀🚀🚀
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Feb 2, 2021 20:45
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I’m so mad I didn’t listen to all of you like a week ago. drat. CCIV is the real GME
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Feb 2, 2021 20:47
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i feel like a moron for doing the smart thing and selling off my feb calls. i rolled most of it back for march and made some swing trades today but i missed out on a lot of profit if i had just kept them and im not sure its going to dip again
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Feb 2, 2021 20:48
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This CCIV thing is good.
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Feb 2, 2021 20:50
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I've got the fomo
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Feb 2, 2021 20:51
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I....huh wow 
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Feb 2, 2021 20:53
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buy the dip? i dont know what im doing just swinging
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Feb 2, 2021 21:07
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I've almost doubled my money on this thing. I want to just pull the trigger and take my profits, but it'll probably shoot to $40 tomorrow AM in pre-market if I do.
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Feb 2, 2021 21:12
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ReidRansom posted:I've almost doubled my money on this thing. I want to just pull the trigger and take my profits, but it'll probably shoot to $40 tomorrow AM in pre-market if I do. 
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Feb 2, 2021 21:15
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I pulled the trigger and took my profits so I dove on that bullet. Bought that DMYI and PDAC i was eyeing. Now to find some way to get PIPP.
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Feb 2, 2021 21:21
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cciv options have been incredible returns for me and i earned a months salary today on day trades its insane. im in a pretty risky position right now though if it doesn't keep going
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Feb 2, 2021 21:22
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FistEnergy posted:I....huh I’m up 64%. Still hold I guess?
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Feb 2, 2021 21:23
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ReidRansom posted:I've almost doubled my money on this thing. I want to just pull the trigger and take my profits, but it'll probably shoot to $40 tomorrow AM in pre-market if I do. pre-market? looks like it could before close
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Feb 2, 2021 21:24
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ReidRansom posted:I've almost doubled my money on this thing. I want to just pull the trigger and take my profits, but it'll probably shoot to $40 tomorrow AM in pre-market if I do. Yeah it's hard to tell if this is jumping because of memes or if negotiation talks are leaking. I know if I take profits now, a merger will be announced after hours. But if I don't sell some now there's going to be a slow bleed back to $20. e: out at $33 with 50% gain. You're welcome if the merger is announced tonight, but I'm thinking the delay that was announced last week is in the weeks or months timeframe, not days. We'll see! Exciting! Wifi Toilet fucked around with this message at 22:14 on Feb 2, 2021 |
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Feb 2, 2021 21:27
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Took my CCIV profits at $30 cause I figured it was frothy. Welp.
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Feb 2, 2021 21:30
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sold all my calls near the last peak about 10 minutes ago and then just bought in big again. cramer just tweeted about cciv so hopefully it goes insane ah and i dont baghold until da
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Feb 2, 2021 21:47
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thats not candy posted:sold all my calls near the last peak about 10 minutes ago and then just bought in big again. cramer just tweeted about cciv so hopefully it goes insane ah and i dont baghold until da  I was debating cashing out right before close but nah fam not any more
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Feb 2, 2021 21:50
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Burn Zone posted:
ive been swinging my entire cciv options load all day and its risky as hell. i end up either bagholding cause it crashes back to earth for a few weeks or i miss out on a bunch of profit mistiming dips. its worked so far though and has made up some of the missed gains due to cashing out feb 30c early this morning pretty big sell off there at the end of day though. hope ah is full of fomo
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Feb 2, 2021 21:59
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I sold my CCIV for a 40% gain. I'll take it.FistEnergy posted:Hello, friends! There has been a huge growth in the number of new investors in the stock market since the Coronavirus Crash of Spring 2020. Along with that, there was a huge explosion in the number of SPAC being brought to market.
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Feb 2, 2021 22:03
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The thread doesn't seem to have a clear opinion on CCIV so I wanted to ask some clarifying questions: Are these the possible outcomes here? 1. CCIV doesn't merge with Lucid, stock falls possibly as far as $10. 2. CCIV merges Lucid, becomes Lucid stock. Stock maybe goes up or down. Upthread I heard the general advice was you should sell before mergers, but if you think Lucid would be a good long-term buy and that's who they announce they're merging with, should you still sell CCIV? If so, why? Thanks!
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Feb 2, 2021 22:47
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If they announce a DA the price should immediately spike. CCIV did enormous volume today on zero news. Way more than SPY. I'll probably set a trailing stop loss at that point. We're way higher than I thought possible with no DA. A spike to 50 or 60 is on the table now, and that's way higher than it should go based on the valuation and sales projections. But look at TSLA; fundamentals mean zilch. I think the play would be to buy in after a merger dip if you like them long-term.
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Feb 2, 2021 22:50
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Regarding CCIV: Are people bailing because they don't think an acquisition (generally) is happening in the near-term? Or because they don't think Lucid is a realistic acquisition? Or do people not think it'll go above $40 regardless of acquisition news? Trying to understand why people would sale now and not play the longer game? (But then again, I'm buying with money I can afford to lose...)
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Feb 2, 2021 23:07
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Tortilla Maker posted:Regarding CCIV: We think it'll dip and buy back in.
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Feb 2, 2021 23:21
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Holy piss. I have a little nap and when I wake up my CCIV warrants are at 140%. This is why I like getting into warrants rather than commons. The leverage is insane. Edit: Is there a way to look up historical warrant charts from within the last year or so? I.e., QS and HYLN warrants from before their mergers? XYZAB fucked around with this message at 23:26 on Feb 2, 2021 |
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Feb 2, 2021 23:22
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Tortilla Maker posted:Regarding CCIV: I'm not an expert by any means having only bought my first spac last week, but I sold 2/3rds of my CCIV because a 50% gain in 2 days on no news was nice even if they announce tomorrow and I end up missing out on a lot more. If they don't announce for another week or two and the price dips I'll just buy back in cheaper.
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Feb 2, 2021 23:31
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drat, congrats to the cciv holders today SPACs are dope... I was in on $KCAC (now $QS) and it went well. I didn't know the concept was part of a bigger trend, I just wanted the $QS.
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Feb 3, 2021 00:19
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when are these drat BREZ warrants I have going to do anything besides lose value
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Feb 3, 2021 00:29
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this is killing BTAQ in afterhours as it means their best lead is getting snatched up. they have until late ~august 2022 to find a new target https://twitter.com/PaulsInvesting/status/1356754549311041538
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Feb 3, 2021 01:40
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BrutalistMcDonalds posted:this is killing BTAQ in afterhours as it means their best lead is getting snatched up. they have until late ~august 2022 to find a new target Lol of course I bought BTAQ today
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