Please help one this / why CIIG is valued 750M ?Arrival confirms that it entered into a definitive business combination agreement with CIIG Merger Corp. (NASDAQ:CIIC) in a SPAC deal. and the newly combined company will be listed on the NASDAQ under the new ticker symbol ARVL.
The transaction values the combined company at an enterprise value of $5.4B and is expected to provide gross cash proceeds of around $660M to the company. As part of the transaction, CIIG raised a $400M fully committed common stock PIPE that was anchored by Fidelity, Wellington Management, BNP Paribas Asset Management Energy Transition Fund and funds/accounts managed by BlackRock
Can you please tell me why CIIG is currently trading at 750m USD while the reverse merger with Arrival will value it at 5 bn USD ?
I guess CIIG will absorbe Arrival and change its name to ARVL , correct
Do you have any idea? as if the combined value will be 5 bn the share will do 5 fold at least
Someone knows the terms of this reverse merge and the ratio of exchange of shares ?
Much appreciated
EV
solo will trend up to $14solo will begin a move up to $14, try planning accordingly
following in $KNDI footsteps
HYLN Long My next long hold is HYLN. I was lucky enough to get in on a cost basis of $22/share. I loved HYLN when it was $50’s back when it was still known as SHLL. I’m not quite sure of the reason why there was such a big sell off - I do know that post-merger, SHLL did not have the 180 day lock out period that most SPACs have.
I personally believe that HYLN is providing a real world, practical solution to one of the biggest challenges facing the world - EV Semi trucks.
I’m looking at the end of Aug 3 to Aug 13 2020 of the consolidation phase after the initial pop. I see the Bollinger Bands squeezing which led to the outbreak up to the high 50’s, and I see something similar forming at the moment. Also looking at the Doji that was present before the initial run, that we also saw about 2 weeks ago (October 28 2020). The last time we saw the price break the 20 day MA on the Bollinger Bands was also during that initial run, which we also broke this last week. MACD also gave us confirmation for a buy signal shortly after the Doji on Oct 28 as well.
IF we can break 28, I think there is a good chance we will see the 40’s very quickly based off the volume shelf. I don’t see historically very much volume in between 28 to 40, which leads me to believe we have a good chance of pumping.
** LI ** LIVE UPDATE 11/16 MIDDAY. Quick breakdown of $LI signaled this morning. Where it could go next.
BLNK - When and if it breaks ...Lights outNASDAQ:BLNK - Don't make me say - I told you so but when and if it break horizontal line, put your smile direct dentures, braces or whatever it is that they sell and smile at the camera.
SOLO short term trend line bounce I’m looking for solo to retest its short term trend line I have marked for long plays
Earnings did not beat, but where to buy $KNDI now?Don't let a temporary pullback scare you away, because in the blink of an eye youll be chasing. I am looking for the bottom support of 5.15 to get retested if we continue downtrend. After a bounce there I will be entering $7-$8 dollar calls for Mar.19 2021. If we do not break 6 due to the insider buying news, then now would be a good reentry long. WE cannot predict then entire market but smaller caps usually are not as volatile.
$TSLAWe need some market sentiment and movement to push foward. We bounced off support really nicely, and Id like to see those two levels get broken with some conviction to send TSLA back on track. With election news coming a we could see market wide dips but So far TSLA has stayed in range so i would expect to see TSLA consolidate and could possible present a iron condor situation.
Still going up.This chart shows NIO just wrecking R levels! Patterns of some stagnation and then another pop, rinse and repeat.
This holds up around R2 and BOOM, $35 here we come.
Would have to go back down to under $20 for any concern here.
NIO is a Buy all day, as far as I am concerned..
NIO 5 wave impulse reached...ABC coming?Nio 1-5 waves have completed...
should possibly have an ABC correction coming, but seems like it could also keep pumping until 35-37 area before correction occurs
BYD quietly dominating EV marketWhile other companies rolling trucks of the cliff and hoping for silly contracts , this company is expanding worldwide , selling cars, buses , forklifts.
Long term add. Price at add $40
Oversold, breakout of giant falling wedgeA bullish pattern breakout, a doji candle potentially signaling a reversal, and oversold on the slow stoch. This may have found a bottom and could run in sympathy with TSLA this week.
TESLA to the MOONWaiting for breakout of this ascending triangle could break right through resistance at $460 and retest ath at $503... If tesla can hold above $406 im bullish support at $406 break that we are going down to $353... possible short opportunity after earnings
Ford likes to run with tech stocks$F
reduced my target to $20ish since we grabbed demand lower & Tesla is the king of the EV market. But the similarities are very interesting w the late 90s run.
Another interesting note is that Ford and General Electric both ran with tech stocks in the late 90s to yr 2000
1H) NIOTrend lines
Showing two possibilities based on whether the price holds the Red line.
Max downside is Orange.
DPHC (RIDE)The more likely short-term scenario for Lordstown. More content coming to my youtube channel soon! RolledChange Trading
$NIO breakout imminent1. amazing bull flag about to complete leading into bunch of MAs with TIGHT consolidation (BollingerBands)
2. MACD higher lows, potentially bullish crossover
3. buyers in control (BOP >0)
4. stimulus is coming no matter what
5. EV marketing is simply booming in china
$DPHC $RIDE Consolidation until merger news $WKHSOn days like today, you have to zoom out and take in the bigger picture. As long as the support levels continue to hold, and PA follow the yellow algo trend line, this is still a bullish chart. If they break down, so be it move on to next SPAC, but it’s hard to stay bear when you know there is fundamental news coming, and the existing fundamentals support a higher price. Looks like there could be nice confluence between our next break out point, and the merger.
$WKHS HoldHey there. I believe we're working on sub-wave C of this holding pattern. Will need to complete horizontal pattern before we hit wave 5. Don't let the bears scare you. Would love to hear opinions to the contrary.
