Sunday, March 07, 2021 12:49:44 PM
First, institutional ownership is at 72% and climbing as of 2/28. This volatile week of trading for $CCIV allowed smart investors to pick up significantly discounted shares of $CCIV, soon to be $LCID upon merger completion in Q2. Not going to get into specific price points but lows were seen in the $20.00 - $21.00 range, yet every single time we hit lows, $CCIV climbed back with significant strength. WE NEVER WENT BELOW $20, which I believe is major support for $CCIV. Options activity was the primary reason why we saw so many shorts this week and I believe they will try again as we have an upcoming date of March 19th that a lot of folks have hedged against. <-- My strategy here is to buy all dips and lock ‘em up in the triple digits (keep shorts from borrowing your shares), because anything below $25 is just a pure gift for where this Company is headed. We will be well into triple digit share price as Lucid matures.
Here are just some of the positive catalysts which will come out starting next week and continue through 2021:
--> PR Announcing the approval of Phase 2 Development for the Lucid Auto Manufacturing Facility done in the extravagant Lucid style (this week).
-->Lucid & Dolby announcing world’s first Dolby Atmos in-car entertainment experience. Now, this is where it gets interesting…I expect there are more partners involved than just Dolby here as it is a leap forward from a technology perspective. I think we will hear or get major hints on VERY LARGE partners (March 17).
-->Strategic Partner Announcements (e.g. ElectrifyAm, Dolby, etc.) across all divisions (tech, stor, EV)
-->Opening of Lucid Customer Experience Centers in strategic locations (e.g. LA, NYC, HQ etc.)
-->Updated Numbers on pre-ordered vehicles – Currently, Half a Billion ($500M) in pre-orders
-->Merger Completion and Ticker Change to $LCID
-->Announcement of plans to build an International Auto Manufacturing Facility
…and those are just off the top of my head…there will be so many more micro-catalysts in between these major catalysts and milestones that I see such a significant rise in value, both in the short-term and long-term future. What more do you want in a Company?
Recent News (3/1 – 3/5)
Phase 2 Development Approval:
http://destinyhosted.com/agenda_publish.cfmid=22724&mt=ALL&get_month=3&get_year=2021&dsp=agm&seq=3672&rev=0&ag=831&ln=14423&nseq=3669&nrev=0&pseq=3667&prev=0#ReturnTo14423
Lucid Motors Site Development Plans: http://destinyhosted.com/casagdocs/2021/PLAN/20210304_833/3672%5FLucid%5FPH%5F2%5FMSP%2DLandscape%2Epdf
Renderings of the Lucid Manufacturing Plant
https://www.autoblog.com/2019/10/02/lucid-motors-ev-arizona-factory/
Recent Tweets
Efficiency is the new luxury…
Efficiency is the new luxury. With the longest range, fastest mile-per-minute charging capability: #LucidAir is resetting the bar when it comes to in-house technology and electric vehicle efficiency. pic.twitter.com/lz1frHbmoh
— Lucid Motors (@LucidMotors) March 5, 2021
Plug into a powerful network…partnership with @ElectrifyAm
Plug into a powerful network. Our partnership with @ElectrifyAm allows #LucidAir to offer three years of complimentary access to ultrafast 350kW charging locations nationwide. Secure your Air today.https://t.co/kX1fmpzHOh pic.twitter.com/IK0de0EIfW
— Lucid Motors (@LucidMotors) March 5, 2021
Introducing the #LucidAir x @Dolby Atmos experience
Introducing the #LucidAir x @Dolby Atmos experience – a new, immersive way to imagine in-vehicle entertainment. Learn more about our next world's first on March 17th at @sxsw. #LucidxDolby pic.twitter.com/Rv9u5TC51V
— Lucid Motors (@LucidMotors) March 3, 2021
MUST READ DD
Lucid Motors Investor Presentation (Feb. 2021)
https://lucid-ir.s3-us-west-2.amazonaws.com/lucid-investor-presentation-february-2021.pdf
Lucid Motors Going Public via CCIV
https://www.lucidmotors.com/media-room/lucid-motors-public-merger-churchill-capital-corp-iv
$CCIV SEC Filings
https://www.sec.gov/cgi-bin/browse-edgar?CIK=1811210&owner=exclude
In summary, this is a win/win ticket. The management team is more than top notch and the product will speak for itself – it will be award-winning in the automotive industry. Let’s also not forget that we have a battery storage division and a tech division all which will be firing on all cylinders as Lucid moves forward…yes, three revenue streams, impressive.
Have a great Sunday and I will see you guys tmrw.
CPM
Recent LCID News
- Disney Slashes Streaming Losses, UBS shoots up 9% as profit triples expectations, and More in Earnings • IH Market News • 05/07/2024 11:46:44 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/06/2024 08:14:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:06:33 PM
- Lucid Announces First Quarter 2024 Financial Results • PR Newswire (US) • 05/06/2024 08:05:00 PM
- Index Futures Point to Strong Monday Opening, Building on Last Week’s Gains; Oil Prices Rise • IH Market News • 05/06/2024 12:09:15 PM
- The 2024 Lucid Air Grand Touring: The Longest-Range EV Gets Even Better • PR Newswire (US) • 04/17/2024 01:00:00 PM
- Delta Generates US$37 Million Profit in Q1, Google and Intel Unveil Cutting-Edge AI Chips, and More News • IH Market News • 04/10/2024 11:13:48 AM
- Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results • PR Newswire (US) • 04/09/2024 01:00:00 PM
- Super Micro Computer and Seagate Shares Surge on Analyst Optimism in Pre-Market Trading, and Latest News • IH Market News • 03/26/2024 11:20:49 AM
- Lucid Group, Inc. Announces Investment of $1.0 Billion by an Affiliate of PIF • PR Newswire (US) • 03/25/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:31:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:30:39 PM
- Lucid drives ahead: In Geneva, the American manufacturer presents new electric cars and expansion plans for Europe • PR Newswire (US) • 02/26/2024 11:46:00 AM
- Nvidia’s Earnings Skyrocket by 769%, BuzzFeed’s Pre-Market Shares Surge by 85%, and Other Highlights • IH Market News • 02/22/2024 11:08:52 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 09:07:21 PM
- Lucid Announces Fourth Quarter and Full Year 2023 Financial Results • PR Newswire (US) • 02/21/2024 09:05:00 PM
- Nike Workforce Reduction, The Trade Desk Soars 19% on $606 Million Revenue, and Latest News • IH Market News • 02/16/2024 11:08:22 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 10:17:14 PM
- The Lucid Air Now Starts at $69,900 and Comes with New Benefits that Make It Easier than Ever to Own America's Most Awarded New Luxury Electric Vehicle • PR Newswire (US) • 02/15/2024 02:00:00 PM
- Lucid Appoints Matt Everitt as General Counsel • PR Newswire (US) • 01/30/2024 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 09:14:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 02:09:06 PM
- Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2023 Results • PR Newswire (US) • 01/11/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:14:56 PM
- Apple Stocks Reach Record, Adobe Faces Stock Drops, Berkshire Hathaway Increases Stake in OXY, and More • IH Market News • 12/14/2023 10:59:57 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM