Quote:
Originally Posted by Iggy_12
What do you see as CCIV's potential short term and long?
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IF LUCID is confirmed I don't think $60 is out of the question shortly thereafter. Long term outlook should compare to TSLA growth. No question in my mind LUCID is the next best thing to Tesla out of all EV plays.
IF the deal falls apart commons will drop to $11 or so and Warrants to $2 range. They have great operating partners Mullaly, Ive, Liveris and the have a boatload of cash so they will come up with a great target no matter what.
Make no mistake, there is sizable risk here in the short term but the reward outsizes this IMO. Full disclaimer I'm in at about $13 average on the commons so I will ride it out until news one way or another.
AMCI on the other hand is much less risky but not as exciting. Need a bit of patience here. I did expect a pop to happen already but will hold until my target is met.