This is the way. I bought the dip and average down below $11 ? I was so tempted to get out during the last run, but was waiting on the DOE closing. Shockingly, it didn't rocket ? .
I meant what price would people feel comfortable selling. I'm trying to gauge people's basis. If your basis was $11, then $25 is a healthy profit margin.
I agree. I know you can't time the market, but I'm going to sell if the price increase doesn't involve earnings. Then buy back again and make the difference.
$25 is when I'll start selling closer to the strike price.
Plus, RJ isn't running around offending half the population. Just stay focus on the product and ignore all the noise like what RJ is doing.
Notwithstanding that, I was disappointed he sold his shares recently. I hope it's to pay off his taxes and nothing more.
Very well stated. Lots of folks are in love with the brand. It's similar to people falling in love with real estate and over invest. As a trader, I don't fall in love with any of it. I got in at a low basis and sell cover calls against it. It's just another income stream for me. I've made enough...
I think OP analysis was based on his bad experience with the buying process. Regardless, I believe in this company and the Rivian community. Thank you for making me richer ???
OP asked a valid question. My experience was great and the Guide kept me informed. I ordered my car after watching a bunch of reviews on YouTube. I knew their flaws. I also knew what they did very well. I own 37,900 shares of Rivian and arguably, my Rivian is "free" now.
Can the company...
I can't be the only one who bought from inventory and wants a performance package. Figured I would make it easier for like minded folks to engage on this topic. But you do you though :)