$Rivian Automotive, Inc.(RIVN)$

IMO, ok Tesla stock didn’t do much until M3/MY released and  that is where Rivian is right now.  bought up more Rivian shares over the last couple of days in anticipation of R2/R3 in the future. As the price drops, will continue to add some more to bring the avg price down. Sure It’s all a gamble…but I really have high hopes for this company. Additionally, I'm in, why not? they've been beating estimates and are down 90%. I thought this stock was a terrible buy, never touched it.. but at $8B .. they'll get it figured out. Amazon owns almost 17% of them. Insiders hold 30%. Rivian isn't just at going to disappear. Grab some at $8, I'll check back in a few years. It was ridiculously overpriced for a long time. $4B revenue is actually impressive this quickly. Bezos likes to imitate Musk.. I expect him to jump on BOD at some point..

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet