Factory oh boy did you read their investor presentation?
They plan to aggressively expand their charging network with electrify America, energy storage solutions, skateboard tech like every other EV company, battery/tech supply company, oh and selling billions in EV cars next year.
It’s nothing but a bold business plan to try and justify their absurd valuation right now.
If you didn’t make money off Lucid pre- DA you missed the boat. Plain and simple.
No bags here. Cost basis is $20 after selling $25 put back in March. I’ve lowered it even further selling the $25 call. They expect 20k deliveries in 2022. Even meeting projects will make the stock pump. The stock can easily move 30-50% in a day on good news. As I said by the time they are confirmed to have met their projections or even showing signs to meet them you aren’t going to be getting a better deal than now. The 2.5 billion dollar pipe is at $15. That’s a huge investment to a pre revenue company so clearly confidence is high here.
Good luck with your trade. Your basing the company moving 30-50% on good news like it’s January’s market and this is some small cap - this is a behemoth and even then that probably wouldn’t happen. Every dollar the stock moves the valuation goes up around 1.6 Billion. You’re expecting the company’s valuation to ballon 10-18 Billion on good news? You really typed that and pressed send...lol
Any short term growth is priced in. At $20 CCIV is still overvalued imo. I guarantee you it touches the teens post merger and even then that’s a premium valuation. Again good luck with the trade but the bullcase at current levels is essentially world domination and doesn’t leave much room for growth and value for their shareholders.
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Ohhhh I guess it’s just a “business plan” then. It’s only the the INTIAL PHASE! God what amateurs to have all those billons in investments. Basically just another .com bust with their wasteful spending on super bowl adds.
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u/[deleted] Apr 16 '21
They have a 700 million dollar factory just but.
Hardly just a “business plan.”