 Boom. What's up, money geeks, Mr. V here. Welcome to another video. In this one, we are going to talk about Lucid model. So there's some updates that are coming, and I want us to cover that. For those of you that are long-term holders of the stock, this is very important. And if you are looking to get into the stock, definitely this is information that would help you know when to get into the stock. So that's what I want us to talk into this video. But before we get started, guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So that's something that interests you. Go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. So again, guys, Lucid model is one of the plays that we have been talking about here on the channel, mainly from the perspective of EV vehicles. And you guys know that I'm long this stock. I'm not looking at two, three years. I'm looking five to 10 years. The same respect that we give Tesla when the first came out, that's what I'm giving them. They are coming out as the luxury brand for EV vehicles. So take Tesla and then the luxury of Tesla would be what Lucid is trying to do. So it's very important that for those of you that are getting into this stock, you can either play it in one or two ways. If you're playing this stock to go long-term, then I would say there's an opportunity for you to get in, but you have to be patient a little bit. Again, if you're just looking to shrink trade the stock, again, it would be for you to be patient and find the right dips to get into the stock. So what is going on here? There are July 23rd is the day that the merger is gonna be completed. Finally happy that this is happening. So if you are some of that's holding this stock long-term, you don't really need to worry about this because unless you wanna buy more because usually when a merger goes through like this, we are going to see a dip. And that's why I wanted to make sure that I do this video because if you want to get into the stock, don't jump into the stock right now. Honestly, just wait. Usually there is a post merger dip that's gonna happen. That would be the ideal time for you to get into the stock. So again, I'm long Lucid model. I'm holding over 3,000 shares. And if I see the post merger dip and if it gets down back to like the 20s and under 20, I'm loading up some more again because again, like I said, this one I'm holding long-term. I'm not planning to sell anytime soon. So again, mark that date on your calendar July 23rd. So I think the vote is gonna happen on July 22nd at 10 a.m. And then after that July 23rd is when the merger is gonna be closed. And then when you wake up that morning July 23rd, the ticket symbol would have changed from CCIV to LCID. That would be Lucid. So that would be the ticket symbol that you're gonna see. So as I'm doing this video right now, churchy capital is actually trading about $26 a share. And we've seen some movement here. So we just go to the last five days. You've seen this thing has gone up to 27, let's do month. See it's actually, it tested almost $29 and then pulled back and it's just sitting right now over that $25 price point. But if we continue to hold over that 25, I'm anticipating that once the merger complete, people are gonna sell, you're gonna see a drop. So this thing is probably gonna pull down to under 25, which is gonna make it even more enticing for a long-term hold. So that is my game plan here. And that's what I want you guys, if you don't have this stock yet, I'll say be patient, give it some room to actually pull back before you can jump in. Again, there is this whole thing that usually happens after a merger. Post-mergers are always not very good. You'll see a little spike and then it would pull back because institutions are starting to see that maybe this is a good play, then they're gonna pull down that price, they're gonna pull it down to buy as cheap as possible and then ride the wave back up to where it belongs. So to me, this company right now, they haven't started doing deliveries, but they're currently working on some manufacturing right now, so you can see here, the Alucid Air is currently in manufacturing right now in the Arizona facility. The Dream Edition is even more for super luxury cars. You can see here, 1080 HP and then 503 miles, that's the mileage range, that's insane. So I mean, I love what these guys are doing and the lineup of cars that they have is just incredible. I think they also have a sedan that gravity, which is in the making, let's see, we can find that. So I don't think they have a picture of that on here, but the gravity is just sedan that they are working on. So I'm super excited about, again, the company and guys, this is not a quick turn around, just so you know. So don't go take your life savings and put it here and think that it's just gonna flip it tomorrow and make millions of dollars. This is gonna be a long-term play in five or 10 years. That's where you're gonna see this thing establish itself and at least, and that's my personal opinion. So don't go jump in and then blame me if it doesn't turn out the way I'm seeing it. This is my personal opinion. So definitely do your own research before you take your life savings and dump it in there. Some key things that are really giving me confidence here is the fact that they are actually accelerating manufacturing. So to get to that next phase to start doing the deliveries and start building the lucid gravity, which is their sedan. So I like the fact that they are putting their foot on the gas and wanting to move fast and start doing some deliveries. And again, last time I did a video here, I mentioned that they actually have over 10,000 reservations for their vehicles. You know how this usually works, right? It's a luxury brand. So you see celebrities and all these big name people are gonna start driving to maintain that luxury. And then you see that's how the car is gonna establish its name. So that's my personal opinion again because I think Tesla is gonna be like your average EV car that anybody can buy and then Lucid is gonna be the luxury. So you see people are buying a Toyota then people that have money would buy something like a Lexus or a Mercedes or a BMW. So that's exactly the equivalence here. I know that other companies like BMW and Mercedes are coming up with Volvo, coming up with their own version of electric car. But there's something to be said about somebody that is just doing it specifically. That's all they are good at. Because if all these other car manufacturers were up to par, they would have done this a long time ago. They never would have sat there and wait for Tesla to come and set the pace here and then they start catching up. They had everything lined up already. They had the manufacturing facilities. They had the distribution network. They had everything lined up for them but they dropped the balls. That's why Tesla came in and just took up that space and own it. And now you have other luxury brands that are coming in to be part of that space. So that's my personal take. So that's it for the video guys. Again, let me know what you think. Just a quick recap here. Mark your calendar. July 23rd, that's when the merger between CCIV and Lucid Model is gonna be completed. The vote is actually on July 22nd at 10 a.m. After that vote, then the very next day, the ticket symbol is gonna change from CCIV to LCID. That'd be the new ticket symbol and it'll start trading. And what I anticipate is that you're gonna see a little spike and then there'll be a massive pullback. And that's where if you wanna buy a long-term, there'd be an opportunity for you to buy a long-term after that pullback and then ride this thing all the way. Again, I encourage you, if you don't have a long-term portfolio, take consider, do some research, see if you can pull some. Again, buy that tape on there, 25. Again, I'm thinking this thing is gonna pull down to like 20 again, even if below 20 because the institutions are gonna wanna buy and they're not gonna wanna pay premium for you. They wanna buy as cheap as possible. So again, let me know in the comment section what you guys think. Guys, again, I've been kind of like sloppy here, not posting every day. Summer has been crazy, it's been fun. Just hanging out with my kids and doing some camping and just going to the lake and doing stuff. So it's not like I'm there, guys. I'm just trying to spend this few summer months with my family, with my kids because in Minnesota, we get like three months of nice sunshine and good weather to go on the lakes and do some fun stuff. So I wanna take advantage of that but I'm still gonna continue creating content for you guys as time allows. So again, let me know in the comment section what you guys think. If you're new to the channel, we'll talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and any notification bell so you don't miss out on new content. Also, guys, if you are looking to get started with investing, Weibo has their promotion where if you sign up and deposit $100, you get some free stocks, links in the description below. And as always, guys, do your due diligence, don't be greedy savage and stay motivated. I'll see you guys next time. Bye.