Mark Merger Agreement Made Easy

Mark merger agreement

welcome back to galactic finance everyone my name is jack and today i'm going to be talking about what happened with cciv stock this morning because i mean this talk went parabolic uh i'm going to show you the opinion hit piece that caused the pandemonium we're going to talk about what happened after that was released why my conviction has actually increased in the stock i'm going to show you all that stuff and we're also going to talk about when we might see the merger announcement at the very end and then also i've linked all of the articles and resources i use for this video in the description because there's a lot of misinformation going around with ccib stock i do not want to contribute to that okay so this was the hit piece that caused all of the chaos this morning um i'll link it in the description so you can read it if you want i'd read it to you but there's really nothing in it basically they said that because we have a confirmation there and talks about building the factory we can't get a confirmation on the merger until that's done i i i mean if you guys can figure out what logic they're using let me know in the comments like i'm actually curious as to if they were serious when they wrote this but like i i cannot figure out why i've done a bunch of research like why this would make sense it just it doesn't it makes no sense uh so you know we have that and then once that happens and i don't think this is connected to the institutions like doing the stop-loss raid but i think you know it's just kind of clever timing we see some sort of negative article come out and then we're going to do the stop-loss raid basically they sold a bunch of shares probably right here right here and then the rest of this well this was them buying some other stuff back the rest of this was just like a massive stop-loss raid and so basically when that happens they don't even have to sell the shares they get to buy them on the way down so they don't have to get rid of a share to get bunch they don't even have to get rid of a bunch of shares to get more they just get them on the way down because people stop losses get hit more people have to sell they they volunteer to take them at those prices uh we had three trading halts down here somewhere in this area i'll also link that in the description and then you know we came back up and we kind of just consolidated for the rest of the day by the way these massive spikes don't pay attention to those i think that's just a glitch in the robin hood chart i haven't found those on any other charts but yeah so that that's what happened this morning um they picked up a bunch more shares i'll show you those now uh 500 000 block order that i talked about this morning 12.7 million dollars 66 million or 132 million dollar by order i don't think that's a glitch i think it was probably 132 million buyer that's just like split in half or something and then also we have a couple 12 over 12 million dollar buy orders here and this was just some of them this was just some that alex keller posted you know there's been a lot of stuff going around about him but as far as cciv and like the stuff he's put on his twitter uh i mean he's been on point so far for the most part at least with like the sources he's been citing uh so if you don't want to trust me you don't have to but i think that his information is pretty good that's i mean that's just another twitter account and then also i want to show you the support right here that we held at 23 i mean if this was a massive sell-off we would not have held support this well we'd not see such large rejection wicks lastly before i hop off the computer uh this is a job posting from lucid motors from this morning which has already been taken down so they've probably already found their guy um for an analyst for investor relations okay so the main three reasons that my conviction in this has only increased number one the massive buy orders don't follow the masses follow the massive amounts of money they almost always know what's going on number two the support we held at the 26 dollar mark if this was going to be a massive sell-off we would not have seen such strong support held number three lucid has pretty much told us they're going public i mean they wouldn't have posted all these jobs for like public like being a public company they weren't going public and then we know it's gonna be lucid because of the ownership structure and like who owns what of the two companies it would like it'd be mind-blowingly dumb for them not to do a cciv because the people run the show they would all lose money by not doing it with cciv as far as what day we're going to see it i think i think we're going to have it tomorrow i think that makes the most sense but kind of sequentially each day going forward like that's the most likely day i think it will be by thursday though i don't think they do it on friday that like that doesn't make sense in my opinion um so probably by thursday most likely though tomorrow but again we all thought it was going to be today so we don't know for sure um i still think it's going to be before the market opens or after hours even if they announced it at the pif conference i think that would still fall before or after hours because there's an eight-hour time difference between saudi arabia and the u.s like central or eastern time zone so we could either way we could really still see it announced before after market and i think that makes more sense because if they do it during market they're going to have a ridiculous number of trading halts um and that that kind of kills them and momentum for the stock to shoot upward it'd be better if they just kind of let it run as the market opens or let it run the after hours and then before hours and then the next day so that's what i think is going to happen i'm holding all of my stuff i have not sold a penny and i don't do not plan to anywhere before forty dollars probably sixty dollars we can get there but again most my stuff is for february so i may be forced to sell a little early but i really i really do think this is going through like 99.9 conviction this trade will go through if you enjoyed this subscribe to the channel like the video have an amazing day and be safe out there trading