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purple_mattress's profile
Mattress_King
Mattress_King
Mattress_King
@purple_mattress

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Mattress_King

@purple_mattress

Reddit u/dhsmatt2. Average Investor with below average returns - $PSTH $PRPL $SVFA $CHAA $PAQC $SOFI

USA
Joined January 2015

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    1. Spac Guru‏ @SpacGuru Feb 22

      $CCIV PIPE Anchored by the Saudi’s... PIPE investment anchored by the Public Investment Fund (PIF) Why are people panicking? It is done! Finally! #LetsGo

      66 replies 79 retweets 820 likes
    2. Mattress_King‏ @purple_mattress Feb 22
      Replying to @SpacGuru

      Valuation is nutty though.... isn’t it like 85b valuation.

      4 replies 0 retweets 6 likes
    3. Malik Walker‏ @shotsbywalker Feb 22
      Replying to @purple_mattress @SpacGuru

      $24 billion valuation

      3 replies 0 retweets 0 likes
    4. Mattress_King‏ @purple_mattress Feb 22
      Replying to @shotsbywalker @SpacGuru

      That’s the valuation of the deal. CCIV shares are trading at 5x.

      1 reply 0 retweets 5 likes
    5. Tony Trades 🤌🏽‏ @Tony_Trades1 Feb 22
      Replying to @purple_mattress @shotsbywalker @SpacGuru

      Trading at 3x the $15 PIPE in a $24B valuation taking the total valuation to $72B at $45 per share.

      2 replies 0 retweets 3 likes
    6. Nick‏ @TheBigAristotl1 Feb 22
      Replying to @Tony_Trades1 @purple_mattress and

      Yep, so if it was still at 65 like it was earlier, Lucid would be getting an implied market cap of 104 billion 🤣🤣🤣

      1 reply 0 retweets 2 likes
    7. Tony Trades 🤌🏽‏ @Tony_Trades1 Feb 22
      Replying to @TheBigAristotl1 @purple_mattress and

      yep I believe $NIO hit over $100B at ATH as well. Not saying these EV companies are worth that much, but markets determine price 🤷🏻

      1 reply 0 retweets 0 likes
      Mattress_King‏ @purple_mattress Feb 22
      Replying to @Tony_Trades1 @TheBigAristotl1 and

      Sure- I agree completely. I just don’t think people understand what they’re buying. People on here are touting the valuation .... the car company is being valued at 2x Ford, and what Tesla was trading at last year, yet they are ten years behind on build rates.

      3:37 PM - 22 Feb 2021
      • 3 Likes
      • Jorge Pantalones OL’ Price Tony Trades🤌🏽
      1 reply 0 retweets 3 likes
        1. New conversation
        1. ImRudyni‏ @ImRudyni Feb 22
          Replying to @purple_mattress @Tony_Trades1 and

          So it’s a hold? Buy? Sell? I’m currently holding shares at $17/share tried selling earlier but RH won’t let me

          1 reply 0 retweets 0 likes
        2. Tony Trades 🤌🏽‏ @Tony_Trades1 Feb 22
          Replying to @_ultimateBR @purple_mattress and

          Personally im holding most of my shares. Scaled a bit to lock in profits but will keep the rest

          1 reply 0 retweets 1 like
        3. Show replies

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