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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. William Almonte‏ @William55799662 Feb 22
      Replying to @purple_mattress @SpacGuru

      The fact people think it's 85b creates an opportunity for others

      1 reply 0 retweets 3 likes
    4. Mattress_King‏ @purple_mattress Feb 22
      Replying to @William55799662 @SpacGuru

      Walk me through the math. The valuation of the company in the deal is based on the money in the trust... the valuation in the market is based on the price of $CCIV. You’re paying 50 dollars for 10 dollars of equity in a 25b dollar deal. Am I wrong??

      1 reply 0 retweets 2 likes
    5. Pablo‏ @asolotp Feb 22
      Replying to @purple_mattress @William55799662 @SpacGuru

      Hahaha the fact that some people can do math create an opportunity for others 😂. 85B pre-rev EV company, without any type of competitive moat vs financing - no thanks.

      1 reply 0 retweets 1 like
    6. William Almonte‏ @William55799662 Feb 22
      Replying to @asolotp @purple_mattress @SpacGuru

      207M shares outstanding for CCIV at $57 is the value of CCIV Lucid had a value before this so what that is saying is that the SPAC is buying 62.5% of Lucid valuing the company at $24B .625% of $24B is $15B

      3 replies 0 retweets 1 like
      Mattress_King‏ @purple_mattress Feb 22
      Replying to @William55799662 @asolotp @SpacGuru

      Oh man.... I think you have much to learn... 24b is at the 15.00 pipe price.

      3:50 PM - 22 Feb 2021
      • 5 Likes
      • Burner4Stocks TraderLeeX Michael Ryan Pablo ☬ Taran
      1 reply 0 retweets 5 likes
        1. William Almonte‏ @William55799662 Feb 22
          Replying to @purple_mattress @asolotp @SpacGuru

          207M shares times $57 per plus founders 52M shares at $57+ $14.8B

          0 replies 0 retweets 0 likes
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