Don't get too upset with the SP in the toilet - looks like more patience is required. AS a long-term holder and a dollar a share would be a long-shot with MC around a BILLION $'s - the following story throws around the B word almost like it's confetti
Gee whiz, where can all these manufacturers get enough batteries with our Lithium in them?
Excerpted from the following link:Luxury electric vehicle maker Lucid Motors is getting close to a deal to go public at a roughly $12 billion valuation after veteran deal-maker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday.
The merger between Lucid and Klein’s Churchill Capital IV would be the biggest in a string of deals by electric vehicle makers such as Nikola and Fisker that have gone public by combining with special purpose acquisition companies (SPACs).
https://www.cnbc.com/2021/02/16/electric-vehicle-maker-lucid-motors-nears-spac-deal-sources-say.html
I wouldn't be afraid to buy this dip if I had some liquidity.
DYOR and GLTA
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12 | 539478 | 0.115 |
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Price($) | Vol. | No. |
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