$RIVN closed above its 200 day moving average for the first time

[DuoRivians]

$21.62. Pretty awesome to see!

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[MidnightRivian]

You jinxed it.

Time to buy puts.

 

[strykerwsu]

I've now made money lol. Long battle back let's keep going up.

 

[Donald Stanfield]

I like to see the trend. It would be nice if it kept going up for all the people here underwater on it. Hopefully they averaged down when it was at 12

 

[DuoRivians]

I like to see the trend. It would be nice if it kept going up for all the people here underwater on it. Hopefully they averaged down when it was at 12

We’re going back to IPO prices. Might take a few years, but I’m confident of it. Legacy OEMs will lose a lot of market share.

 

[MidnightRivian]

What do you really think Rivian is worth??
$40 billion?

Rivian market cap currently is $20 billion and Lucid is $16 billion.


Ford is worth $59 billion and GM is $55 billion

 

[DuoRivians]

What do you really think Rivian is worth??
$40 billion?

Rivian market cap currently is $20 billion and Lucid is $16 billion.


Ford is worth $59 billion and GM is $55 billion

Now do enterprise value of these companies. Only amateurs compare equity market value without consideration of enterprise value

 

[SANZC02]

Now do enterprise value of these companies. Only amateurs compare equity market value without consideration of enterprise value

Sometimes hard to get a good gauge for companies like Rivian with a huge push to build capacity.

If you look at price to sales, price to book, and Enterprise Value to EBITDA Rivian is much more attractive than Lucid.

I think if they keep reducing cash burn and get the R2 plant producing by ‘26 we can see them north of 50 billion.

Time will tell, that time frame gets me in my 5-6 year range I had planned for my stock holding and with averaging down gets me close to a free R1S.

 

[SANZC02]

Looks like Rivian will have to deal with this lawsuit about defrauding people with the IPO.

I think looking at other stock prices, supply issues, and price changes in the industry around the same timeframe they may be OK but who knows.

 

[DuoRivians]

Looks like Rivian will have to deal with this lawsuit about defrauding people with the IPO.

I think looking at other stock prices, supply issues, and price changes in the industry around the same timeframe they may be OK but who knows.

The lawsuit is baseless and doesn’t matter. Ignore it

 

[SANZC02]

The lawsuit is baseless and doesn’t matter. Ignore it

Just surprised it did not get thrown out. ??‍

 

[mkg3]

As an automobile manufacturer company, assuming that Rivian has a higher gross margin and profit per vehicle than F or GM, it should be about where the company was valued at the time of IPO (not the market cap when opened).

Rivian, as a lifestyle company, that has vehicles, recreational products and alike, it could be worth north of $100B once R2 and recreational elements are going.

Ferrari ($RACE) is viewed as luxury brand company and is worth more than F or GM. It also has a gross margin around 50%.

 

[VSG]

When speculators get huge returns, it's because they're smart.

When speculators lose money, it's because of someone else's fraud, and they sue.

 

[Biturbowned]

I am tempted to take profits tbh, the last 2 years have burned me hard.

 

[Sgt Beavis]

Nice to see they closed with such a big gain when the rest of the market was heading down.

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