Time to jump on board RIVN yet?

[1T2022]

software/hardware integration. Apple one day has to get its hand on making car -- project Titan.

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[Freddie]

Nah, RIVN's run today has to do with short swaps, not TSLA.

It’s called “Cramer Effect” lol

 

[White Shadow]

only way to dig out is to buy low to average down

Or sit back and wait 10 years.....and hope for the best. Honestly, I think a lot of people who purchased the stock "high" might hesitate to keep buying more "low" when we don't know for sure if Rivian will even be around in 10 years. I hope they survive, but it's far from guaranteed.

 

[R1T_Observer]

Or sit back and wait 10 years.....and hope for the best. Honestly, I think a lot of people who purchased the stock "high" might hesitate to keep buying more "low" when we don't know for sure if Rivian will even be around in 10 years. I hope they survive, but it's far from guaranteed.

Agreed. I was one of those that bought the stock at $78 (i was an employee so it was guaranteed) but after a year and about 3 months, it's pretty much a loss in my book and "maybe" in 10 years it'll move up, but I seriously don't believe it'll be $78. I could believe $48 but I retired after the quiet period last year, so I don't have that kind of time; I'll likely sell it for a loss this year to help with our 2023 taxes next year, and whatever I can recover, I'll just dump some into checking acct and the rest into my trade account and find something else that will regain the thousands I lost, likely in the semiconductor sector - the one that caused delays for virtually every consumer-goods product, like EV's, e-watches, NEST's, laptops, earbuds, refrigerators, smartphones, monitors, etc. , due to lack of supply. The ramp for semiconductors should be pretty steep north and to the right... just my opinion.

 

[White Shadow]

Agreed. I was one of those that bought the stock at $78 (i was an employee so it was guaranteed) but after a year and about 3 months, it's pretty much a loss in my book and "maybe" in 10 years it'll move up, but I seriously don't believe it'll be $78. I could believe $48 but I retired after the quiet period last year, so I don't have that kind of time; I'll likely sell it for a loss this year to help with our 2023 taxes next year, and whatever I can recover, I'll just dump some into checking acct and the rest into my trade account and find something else that will regain the thousands I lost, likely in the semiconductor sector - the one that caused delays for virtually every consumer-goods product, like EV's, e-watches, NEST's, laptops, earbuds, refrigerators, smartphones, monitors, etc. , due to lack of supply. The ramp for semiconductors should be pretty steep north and to the right... just my opinion.

Tesla is trading pretty low right now. You might be able to make your money back if you can stomach Elon's nonsense that's contributing to the volatility of the stock.

 

[MXA121]

Tesla is trading pretty low right now. You might be able to make your money back if you can stomach Elon's nonsense that's contributing to the volatility of the stock.

Pretty Low is subjective though. I own TSLA but I can't even act like it makes sense for them to be over $600 Billion market cap... Love the business, but I see it as an expensive stock.

Edit to add, RIVN is cheap. Trading close to cash and asset values. To me that means investor sentiment is keeping the price low (destined to fail pricing) yet if we expect Rivian to achieve ramp up to their 150k capacity in Normal their price starts to look quite inexpensive imo. It just depends how long it takes them to get there!

 

[R1T_Observer]

Pretty Low is subjective though. I own TSLA but I can't even act like it makes sense for them to be over $600 Billion market cap... Love the business, but I see it as an expensive stock.

Edit to add, RIVN is cheap. Trading close to cash and asset values. To me that means investor sentiment is keeping the price low (destined to fail pricing) yet if we expect Rivian to achieve ramp up to their 150k capacity in Normal their price starts to look quite inexpensive imo. It just depends how long it takes them to get there!

I'll be playing the cheap leverage game in the Options space. It's been a few years since I touched options so now that I'm retired, I'm going to start re-learning in earnest. The few times I focused resulted in 100% returns by the end of the years when that happened. When I wasn't focused (work changed my morning hours) I took on heavy losses so now that I'm retired, I have zero excuses!

 

[1T2022]

After average down, I have dug myself out. Will start to sell between $22~ 25.

 

[Dark-Fx]

I'll be playing the cheap leverage game in the Options space. It's been a few years since I touched options so now that I'm retired, I'm going to start re-learning in earnest. The few times I focused resulted in 100% returns by the end of the years when that happened. When I wasn't focused (work changed my morning hours) I took on heavy losses so now that I'm retired, I have zero excuses!

Options are easy plays during times of volatility when stocks still consistently gain. It's closer to being a bet if you were to play them right now since the market isn't functioning on reality. I don't know if it really has much to do with how much attention you're paying.

 

[zipzag]

Rivian shows no sign of breaking out of supplier constraints. The R2 is a major risk.

I don't see RIVN have any potential for the big run-ups like TSLA had in the past.

 

[NY_Rob]

After average down, I have dug myself out. Will start to sale between $22~ 25.

You will start to sell between $22-25
You want to place your R1T up for sale

The difference between "Sale" and "Sell": https://www.dictionary.com/e/sale-vs-sell/


Thank you....

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