RIVIAN STOCK

[Max]

Even if you are in it for the long haul, assume Rivian won't be out of business in 5 years, the question is, what will you compare it to? will you base it on volume and market share? If it is Nissan selling 4 million units a year internationally, Rivian shares at today's Nissan price would worth roughly $17. Would you compare it to Ferrari. Tata or Tesla? I am really curious where do you think Rivian belongs on this list even it is a moderate success story? Or you think this is irrelevant? what are your predictions based on?

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[Sgt Beavis]

I guess Wall Street doesn’t like the new COO. Another 52wk low.

 

[bael]

I guess Wall Street doesn’t like the new COO. Another 52wk low.

Maybe it's all the analyst who finds forums to be dark places

 

[NY_Rob]

Brutal! Flirting with $34.00 this morning

Edit... just hit $33.99 at 10:09am

 

[Avera]

Just bought at $35. Wish me good luck.
Even though I am Tesla owner (stock and car), I would like to see Rivian succeed. Especially now.
Growing pains, similar to Tesla, will pass.

 

[AltaTruck]

Just got back from my broker. Bought 100 more shares at $35 to add to the portfolio. Now to put it away for 5-7 years and let it climb.

 

[NY_Rob]

I added another 150 shares (in addition to the 150 I already own) when it hit $34.24 this morning.

 

[SANZC02]

Just got back from my broker. Bought 100 more shares at $35 to add to the portfolio. Now to put it away for 5-7 years and let it climb.

I picked up more this week as well, got my weighted average down to 55.

 

[NY_Rob]

My weighted avg is now at $59 vs $84/share this morning.

The DSP at $78 was not helpful. Many here, including myself were hoping the DSP would come in at $50 or thereabouts. The last min hike to $78/share was disappointing for lack of a better word.

 

[SANZC02]

My weighted avg is now at $59 vs $84/share this morning.

The DSP at $78 was not helpful. Many here, including myself were hoping the DSP would come in at $50 or thereabouts. The last min hike to $78/share was disappointing for lack of a better word.

It was but I planned on a long term purchase and wanted to support the business so I did the 175 for the DSP. I think in the long run it will do OK.

Anyone hoping for Tesla type returns I’m sure will be disappointed but I’d be surprised if I lose the invested money and do expect a return better than a savings account would give me.

 

[NY_Rob]

Someone here mentioned Rivian's asset value is just under $30/share. It got close today at $33.46 (which is an historic low).

 

[hilld]

Stock is up bigly today, $41.50 over 12%. I don't see any real news, guess the selling might have been overdone.

 

[Keith_Been_Waiting]

All markets are up ... What we are seeing is a relative move

 

[Sharpobjects4321]

Hey all, first time poster. I picked up 40 yesterday, at average of 58. long on the company!!

 

[NY_Rob]

Welcome @Sharpobjects4321 ... please fasten your seatbelt as we are expecting turbulence ahead

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