Let me give you my analysis, whatever the market cap is, who cares, NIO garbage is sitting on almost 100 billion market cap, 101,000 plus followers on Stocktwits, do you know the meaning of cult followers? The same thing happened to TSLA, people can sell the news all they want, I could sell at the top half my position and buy the dip again, I am sitting currently on 30,000 shares and 200,000 dollars worth calls on 35 May expiration, my average is 18 dollars, I am not selling anything less than 100.00 that is a guaranteed and I will sell only half and buy the dip with my 15,000 shares. This is long haul stock for me, just like TSLA has been, I could be wrong, but if this is LUCID, this stock with the amount of eyes it has, would not be surprised to see it hit 200 dollars with merger consummation, now all of that depends on how the deal is structured. This is by far the best SPAC deal I have seen, actually this is prepping up to be the stock for 2021 and I believe it will carry well into 2022. This is not a company that you sell on the news, this is a company that you hold for as long as you can, if you don't need the money to pay bills or trade other stocks, this one is for keeps, this is a stock you keep the core and trade the rest. If there is any selling needs to be done, it has to be done before the DA is announced. Cult mentality, equals uncharted territory. I will give you perfect examples of Cult mentality stocks, two of them are OTC, ALP*P and TSNP, the other two are TS*LA and BNG*O. Take this last paragraph very seriously, Cult mentality, LUCID has a great tech and amazing cars, but in order for them to compete with TESLA they need to have an affordable model, which I think they will introduce before the end of the year or possibly sooner, this is red, red hot sector to be in right and it will continue to be that way for the next 2-3 decades, the front runners will definitely win the race, here is my analogy of how you would use the market cap to gauge the possibilities, think of TS*LA is UBER. think LUCID as LY*FT, look at the market cap of UB*ER and LY*FT compare them and try to gauge what you think LUCID should be worth compared to TSLA, but here is the catch, LY*FT doesn't have a proprietary tech, but LUCID does, so I would venture to say when LUCID goes public, they should be worth at bare minimum 10% of TSLA valuation until we here what there plans are, also look at NI*O market cap and gauge it from there, I wholeheartedly believe the market cap for LUCID should be sitting easily at 80-120 billion dollars.
