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Ross Gerber on CCIV stock: Deal isn t done The Saudis aren t going to sell low – Idaho Reporter

At some point, watching Churchill Capital Corp IV (NYSE:CCIV) stock blow away its SPAC competition just becomes an embarrassing spectacle. Thursday was one of those days. The respective stock movements of this blank check company told the story: On a day when tech stocks were mired in the red along with the Nasdaq, CCIV shares ended 3.77% higher, and that is after hitting ATH of $64.86 at one moment. The latest rally is fueled by this news, where Reuters said how CCIV-Lucid Motors merger will go through at a roughly $12-billion valuation. And this valuation is the reason behind the latest Twitter argument, staring Ross Gerber, president of Gerber Kawasaki Wealth & Investment Management in Santa Monica, Calif., on one side and younger (mainstream media would call them Reddit Gang, probably) investors on the other side.

First-time Investors Could Be Ultimate Casualties of GameStop Gamble

First-time Investors Could Be Ultimate Casualties of GameStop Gamble On 1/29/21 at 11:00 AM EST Newsweek. The warnings come as Robinhood, the trading app many individual investors used to buy the company s stock in a bid to inflate its price and thwart the hedge funds in their bid to profit from its demise, came in for renewed scrutiny from regulators and criticism from a number of sides. Peter Hanks, a DailyFX Strategist, said the GameStop (GME) share price will likely continue its downward trajectory, in response to Robinhood and other apps delisting it yesterday, and warned that first-time investors may be left learning harsh truths about investing.

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