Crazy, Have to imagine its close and might explode next week!
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
Last edited by IGGYRULES; 02-12-2021 at 06:39 PM.
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Empower Clinics looks to have some potential, I got in mid December for .25 and mid day yesterday they just released news of a massive deal with Rexall and it already jumped to .48 ticker is CBDT.
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Take it for what its worth but looks like its been trending on Yahoo finance Canada all weekend, right up there with bitcoin. Next week should be exciting
The Company is focused on the commercial development of its 100% owned green and efficient chemical recovery process invented by Dr. Francois Cardarelli, that addresses the recovery of vanadium, iron, titanium, and silica from feedstocks such as vanadiferous titano-magnetite, iron ores and other industrial by-products containing vanadium. Furthermore, VanadiumCorp’s mandate is to become a strategic supplier of renewable, Next Generation vanadium electrolyte for redox flow batteries and other high purity applications that benefit most from exclusively green and cost-effective vanadium. VanadiumCorp Resource Inc. plans to license VEPT globally and integrate VEPT into the development of the 100% owned Lac Doré vanadium-titanium-iron flagship project adjacent to Blackrock Metals Inc.’s property, which is currently permitted to build a mine and mill to produce a vanadium-rich magnetite concentrate product. VanadiumCorp provides investors with leverage to vanadium, titanium and iron in the mining-friendly and geopolitically stable jurisdiction of Québec, Canada. Green recovery technology, primary vanadium resource size, superior grades, and well-developed infrastructure, puts VanadiumCorp in a valuable strategic position to take advantage of the strong vanadium market driven by supply shortages and growing demand from the Chinese and global steel industries, as well as the fast-emerging renewable use of vanadium in sustainable energy storage for stationary to unlimited scale applications. Nearby infrastructure at Lac Dore includes a 161kV Hydro Power at approximately $.02 kWh, CN Rail Line, available water, local airport, and a mining community of over 7,000 people in the city of Chibougamau.
####ing Questrade not letting me log in and modify sell price. I ended up missing the peak, though sold all my CCIV at 50. If it dips back to 30, I might consider buying again.
####ing Questrade not letting me log in and modify sell price. I ended up missing the peak, though sold all my CCIV at 50. If it dips back to 30, I might consider buying again.
I thought it was just me and my work computer, WTF. I was just going in to look but had issues also.
####ing Questrade not letting me log in and modify sell price. I ended up missing the peak, though sold all my CCIV at 50. If it dips back to 30, I might consider buying again.
Just hold. Lucid is getting closer to going public at about a $12B valuation. CCIV has sold over $1B of shares in a public equity transaction to prepare for the deal.
I may have cashed out on a peak, but holding is going to be a very smart play too, with a deal possibly being announced as early as this month.
Market is insane! I got out of CCIV with my profits but I should've held. Did well though so can't complain.
We all need to understand that the deal is put together based on $10 per share (value in trust) and I can't wrap my head around it being worth 5x the valuation that Lucid and Churchill would have negotiated. This means current Lucid shareholders are leaving alot of $$$ on the table which I can't see being the case. I expect they hashed out a fair value for CCIV shareholders and Lucid shareholders.
The party will likely continue until reality sets in or there is a market correction. Long-term is probably good although it appears the EV market is getting very very crowded. I can't see the sustained valuation with Tesla, Lucid etc... It's an EV craze right now with everyone and their dog starting an EV outfit up and coming in via SPAC.
My original plan was to wait for the mid week drop to $35 and get in for another pop on Friday but I think I'm out now unless it drops hard. Good luck to all you that are still in.
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I averaged down alot today. My position has increased on the way down over the last week. Hoping we found bottom here. First board meeting tomorrow. I suspect we'll have news in the next couple weeks. They're lining up new manufacturing facilities which they are going to announce shortly. Just a bit of patience with this one is all it needs. Look at their team and board of directors. There is alot of brainpower behind this company.
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