$Rivian Automotive, Inc.(RIVN)$ I see a short squeeze happening here very soon driving the price up a little but after earnings there will be another huge sell-off. I anticipate short sellers again returning for a round two. Long term I suspect the stock with trade in the $6-$9 range. Company isn't communicating any growth in the business for the next several years making this stock a very poor investment. They need to be acquired by another large auto manufacturing company that knows how to run the business. RJ the true visionary clearly isn't doing a good job.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments