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Rivian Stock Really Costs 19 Cents. Investors Shouldn’t Forget Cash.

jjswan33

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I'm trading in a IRA, I won't be claiming a capital gains loss, nor am I looking for one. Just averaging down without sinking more $$ into the stock.
Ok sure, not an expert but what is the advantage of doing this then? I guess just psychological?
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evguy

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Ok sure, not an expert but what is the advantage of doing this then? I guess just psychological?
Part of it is psychological, sure. But it also means my total investment is "in the black" (or is it green?) at a lower price point once the price starts going back up.
 

NineElectrics

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Rivian being worth nothing more than cash value is the market not believing in Rivian’s growth strategy. What advantages does Rivian have over any other automaker? They don’t have speed of execution. Or quality. Or access to capital, factories, experienced labor, manufacturing expertise or supply chains. They have design, but they seem to have designed vehicles which are hard to manufacture. They also have some nice software UX and OTA, but with terrible nav., so they may be skin deep. I don’t see a moat.

The market thinks Rivian is going to spend all of their money on a new factory just as the big automakers are bringing down the electric hammer. That, or they think Rivian won’t get enough batteries to grow their sales, and thus will slowly bleed money in overheads. Or both.

Lucid is valued highly because they’re building a factory in Saudi Arabia. There is speculation the Saudis will buy them.
 
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kayabusa

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You guys all are not considering one little factor...… we are in a bear market and the bottom is still to be seeing..... brace your self because the ride will get a lot more bumpy.
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