At this point, I feel the forecasts on the stock are a scam, just to keep the stock price up so that the hedge investors can get out of it cutting down their losses.
And unsuspecting retail investors will be left holding the bags.
That is what i am seeing too; and if you add the next 3 days (including today) of transactions as well, total shares sold/changed hands is ~ 490M in total over the past 5 days!!!
Amazon holds ~ 158M
Given that the total float is 680M, looks like other than Amazon, every other share holder has...
Tesla Investor Shows Love For Battered Rivian: 4 Reasons Why He Is Positive About The EV Maker
https://www.benzinga.com/analyst-ra...ance&utm_medium=partner_feed&utm_content=site
Tesla investors should root for a strong number-two non-ICE player to help the company to accelerate EV...
I am thankful for a lot of replies on this thread, which helped give me perspective of RJ's thinking on the day of earnings call and after.
I am a retail investor with majority portfolio exposure to RIVN.
And like i said, amid all the sell-off, and with no other information forthcoming from...
Thank you for your reply and all others who replied too.
They definitely help give me a picture of what he could be looking at and how he could be feeling being in such difficult spot.
Also probably he was expecting the levers of leasing, new battery pack trims shore up much more demand, and...
Long time Rivian investor here. RJ in his recent earnings call and the CNBC interview the next morning, really spooked me.
1) Trust is important for investors; and listening to RJ's interviews and podcasts - I always felt he was a straight talking honest guy.
When stock took a dive beginning of...
Long term Rivian investor here. RJ in his recent earnings call and the CNBC interview the next morning, really spooked me.
1) Trust is important for investors; and listening to RJ's interviews and podcasts - I always felt he was a straight talking honest guy.
When stock took a dive beginning of...