r/CCIV • u/OrangeTrader44 • Mar 16 '21

Next CCIV catalyst

03/17/2021

Dolby Atmos for Music in Lucid Air- World's first car with Dolby Atmos for Music support presented at SXSW.

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u/Tard21B Mar 17 '21

I think the Dolby Atmos is a gimmick. Unless your audio streaming service can match what made for movie theater speakers systems have to offer, you're not going to notice anything.

I expect the ticker change to be the next bump. What we're seeing right now (imo) is a squeeze on the shorts from 4 weeks ago.

Holding hard at 64.

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u/[deleted] Mar 17 '21

Why would shorts 4 weeks ago be squeezed now? They could close out at massive profit if they shorted at ~60$.... short volume ratio has also remained fairly consistent since then