02/23/2021 21:01

$Churchill Capital Corp IV This stock will be under the control of shorts for quite some time. For now, it will stabilize under $30, and will move up over $30 once the merger date is announced. Then, since the PIPE investors have enormous stake in the company , more so than CCIV itself, if they’ll be allowed to immediately sell their shares after the merger, the dumping of those shares into the market will take the price of the stock back to $15 within the first three months after the merger. Therefore , you’ll have plenty of opportunities to buy the stock cheap. Chill out for now and put your money into something better...
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.


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All Comments(8)

Neto02/23/2021 21:48
Pipes cant sell till sept 1st lol. Abd thats if they choose to.

Yahrick02/23/2021 21:55

That’s what was agreed upon yesterday, but there’ll be a lot of amendments to those agreements from now until the date of the merger. None of us knows what’s going to be decided before and during the merger. PIPE investors love to get their money back fairly quickly. The current agreement might remain till merger date if it all goes according to their current agreement, but who knows...


SelfMade02/23/2021 21:09
Good idea but wont go lower


BullStockTalk02/23/2021 21:08
You understand the PIPE investors have to hold their shares at least 6 months lol this theory is already invalid


🦬🦬🦬🦬🥀🌹🌳🌺02/23/2021 21:05


Ish02/23/2021 21:02


Tatyana Doty02/23/2021 21:02
They already merged

Yahrick02/23/2021 21:12

Thanks @Spbforever

Spbforever02/23/2021 21:05

Not really. They have an agreement. Now the merge must be approved by shareholders of both companies...


BDugs02/23/2021 21:02
Lmao you sound uneducated asf do some research this is nothing but misinformation

Yahrick02/23/2021 21:10

Explain yourself!


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