Quote:
Originally Posted by Iggy_12
Crazy, Have to imagine its close and might explode next week!
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I'm mostly out of CCIV now. Have 9 $15 calls for Jan 2023 so still have some skin in the game. Was too hot for me there and I was heavy in it. I'm sure I'll likely regret it but there may have an opportunity to get back in cheaper if not announced Tuesday. One thing that is concerning is we don't know what value they'll be merging at and I suspect that value has increased alongside the speculative share price of CCIV. Fair value for Lucid would be negotiated at $10 per share and we're 4x that now. I see a large pop once announced and that's when I'll dump my calls. Then reality may set in on the valuation the deal was put together at and I can see it dropping.
I also doubled down on ADN warrants as they're on a red tag sale right now. I think with the low volume (no news) they're messing with it. News will come soon and I'm sure I'll make bank on it.
Also in ACEV warrants which I think is a really good bet.
Got a bunch of GNRS warrants as well and crossing my fingers for Leafly
Loaded BENE warrants as well as they're around $1 for a 1:1 warrant