$Churchill Capital Corp IV(CCIV)$The stockwill probably pull back below $19 until June. Trading range between $18 and $23. The share will be on firmer ground once the SPAC transfer is completed.
People don’t expect to see this share go past $30 until the 3rd quarter.
The short sellers are coming in full force until end quarter because they know this is their last chance to make money from this stockbefore the ticker change. Buy in cheap and buy puts is the best advise I can give you allat the moment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments