RIVN up up up

[1T2022]

finally a good news!!!
Rivian got $827m incentive from IL.

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[1T2022]

squeeze the short, please.

 

[LetsgoRIVN]

Why do they release such news during the day ? Shouldn’t this be before or after trading hour to catch short sellers by surprise. Still can’t understand if management does think about stock price and capital markets!

 

[peytonrg]

Why do they release such news during the day ? Shouldn’t this be before or after trading hour to catch short sellers by surprise. Still can’t understand if management does think about stock price and capital markets!

Not sure why they would. This is basically a nothing burger. $827M in tax breaks over 30 years is $30M per year. Changes nothing fundamentally, additionally there is another unapproved incentive of $75M to train new employees should they add 2500 more workers. And separately, RJ has already said he doesn't care about stock price.

 

[evguy]

Dunno. I suspect management thinks a lot about capital markets, but sticking it to short sellers on any given day probably isn't high on their priority list.

 

[LetsgoRIVN]

Dunno. I suspect management thinks a lot about capital markets, but sticking it to short sellers on any given day probably isn't high on their priority list.

They should, when your stock is under attack you need to defend it. Short sellers can hurt the future of the business in terms of financing.

 

[1T2022]

another good news. Rivian hired the deputy CEO of Volvo as its COO.

 

[RivRyan]

A difference of a couple hours doesn't affect enough short sellers to matter. This meme is ridiculous.

 

[Riviot]

another good news. Rivian hired the deputy CEO of VW as its COO.

Volvo*

 

[1T2022]

my bad. Less impressive then

 

[RivianCivilian]

I haven't invested *yet* but if it's looking good then...

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