RIVIAN STOCK

[moosehead]

Just committed to put the phantom equity amount into RIVN that RJ gifted to us yesterday.

Half of it just now, the other half after next week's earnings call.

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[E.S.]

I think EV stocks in general will be in a good spot in the next few weeks as the impact of war in Ukraine and the trickle down effects of oil shortages continue to hit.

I do not agree. Oil shortages will help out somewhat, but the overall effect of chip and supply constraints/shortages has taken it's obvious toll on all technologies stocks.

I personally think it's going to get worse before it gets better, but ultimately higher gas prices and scarcity should have a positive effect on EV interests.

I agree here, despite whatever petrol is going through, for EVs things will get worse before getting better. Already we're seeing how technological stocks are taking it across the face. It's going to be a hell of a down hill for now.

 

[Rad]

Well, it definitely looks to be getting worse. Is it a falling knife? Trading at a little over $43/share today - as much as I love a sale, I haven't pulled the trigger on buying shares today.

 

[JerseyGreens]

Well, it definitely looks to be getting worse. Is it a falling knife? Trading at a little over $43/share today - as much as I love a sale, I haven't pulled the trigger on buying shares today.

I've bought 30 shares everyday for the past four trading days.

It doesn't look pretty right now but I'm in it for the long term.

 

[Max]

Well, it definitely looks to be getting worse. Is it a falling knife? Trading at a little over $43/share today - as much as I love a sale, I haven't pulled the trigger on buying shares today.

You are not alone. Tesla survived the short sales and achieved ridiculous valuations on more than good execution, it was riding it on good will of the fans. Loss of that good will making it difficult for the stock to bounce back. The uncertainty about the numbers coming out and global crap shoot does not help either.

 

[ironpig]

I have a long standing buy order in at $40 and that now looks like that may hit this week. I bought a few more just under $50 which no seems like an impulsive mistake. But it's all a long term play. There is so much happening in the market this week I need to take my own advice and stop looking at it.

 

[Scoiatael]

All I have to say is ouch. I have some 55 puts that I sold that expire Friday, might keep rolling those until the stock looks like its getting ready to recover. Who knows what the bottom will be right now.

 

[Speedrye]

I cancelled my long-standing buy order at $45. I'll reexamine after the earnings call later this week.

 

[fotoflux]

I'm just going to call it now.... After the next earnings call, you're going to start hearing activist investors calling for RJ to step down as CEO.

 

[Longhorngirl]

Market cap of Lucid is greater than Rivian as of close today, albeit by a very small amount.

 

[protamine]

Yikes, as if rivians luck couldnt get any worse with covid and supply chain stuff, WWIII hits as they're getting up and running. Next week wont be any better.

 

[Mister Person]

My time horizon for RIVN is 10 years. Still holding DSP shares. Maybe I lose it all, who knows.

 

[AltaTruck]

I am in it for the long haul as well. I have the DSP shares and just picked up 114 more just at the close at around $42. Maybe Thursday will be another day for a buy.

 

[SANZC02]

I think they are getting crazy close to a point where someone might try to do a takeover.

It is sitting at a market cap of 37.5B. If you just looks at the 18B in cash they had at the end of the year and the value of the plant in Normal conservatively worth 2.5B that is 54% of the market cap.

 

[Ladiver]

I think they are getting crazy close to a point where someone might try to do a takeover.

It is sitting at a market cap of 37.5B. If you just looks at the 18B in cash they had at the end of the year and the value of the plant in Normal conservatively worth 2.5B that is 54% of the market cap.

You read my mind! I could see Rivian becoming a sub-brand of another company. What other brand focuses on outdoor adventure? Ironically, it too has an iconic grille.

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