Christianaa
01-17

$Rivian Automotive, Inc.(RIVN)$ If Rivian had a nice CEO and an Investor Relations dept, then there would be ample information to support their fiduciary duty to shareholders. The bulk of shareholders are institutions and Amazon. All of them are seriously underwater...remember, the IPO was $78 bucks. They're all burned. Now the last thing that they care about is degens like you (and me) that have basis far below the fat cats. This is their worst case scenario. Their purpose in life is to gain for themselves and sell to degens...leaving them holding the bag. The situation is reversed at the moment, so they have no motivation nor incentive to provide any helpful information to us. They need to shake out as many as possible so that they can sell into them later. Listen in on a conference call sometime. Never once has a single analyst started or ended their query of 'management' with any congratulation. Reason being, it's just one disappointing report after-another.

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