Boiler Room: The Official Stock Market Discussion

[FabTrey]

good vid

The placement sold at $15 a share -- or a 50% premium to Churchill’s net asset value -- which translates into about $24 billion in pro-forma equity value, the companies said. The combined company has a transaction equity value of $11.8 billion.

Lucid Motors Agrees to Go Public With $24 Billion Valuation

 

[morris]

good vid

@10:30 he breaks it down

 

[Saysumthinfunnymike]

another interesting piece to all this.

 

[ogc163]

 

[winb83]

Made some moves today. I've been waiting for a day like this.

Increased TSLA positions in M1s
Sold some MARA profits to buy more TSLA in RH.
Sold some Planet 13 profits to buy more TSLA in Fidelity.
Bought more BTC in Coinbase


let's have few more days like this.

In the nearer term I'd expect Planet 13 to be on an upward trajectory and Tesla to continue to drop. Why sell?

 

[Serious]

 

[Saysumthinfunnymike]

lucid said 'fukk u pay me'

 

[Saysumthinfunnymike]

but it's not just that the deal has different terms. if you follow SPACS.. they all rocket when a target is rumored and announced if it's a good target and then they all cool off until closer to merger.

The one thing that hurts on the new valuation is if it does get back up over $60/share that makes it a VERY pricey company..

 

[Serious]

Same. Buying a lot of AAPL with this dip too.

Man look at apples balance sheet. Anyone buying apple should be able to sleep good at night

 

[winb83]

but it's not just that the deal has different terms. if you follow SPACS.. they all rocket when a target is rumored and announced if it's a good target and then they all cool off until closer to merger.

The one thing that hurts on the new valuation is if it does get back up over $60/share that makes it a VERY pricey company..

It's happening with SoFi now. I need it to go back under $19 though

 

[Mirin4rmfar]

. Damn wish I had my march bonus so I could take advantage.

 

[old pig]

Yep, for those who are long on Lucid this is a good buying time. I was waiting for $40.

you gonna be golden in the morning then

 

[Pyrexcup]

crypto market is correcting as well, I expect both stocks and crypto to recover once the stim is out then another crash/correction

 

[old pig]

It's happening with SoFi now. I need it to go back under $19 though

ya it might see $18 again...it dropped that low “recently” before the run-up to $26ish

 

[old pig]

TSLA $650