Buy !

[drwatershed]

Back to IPO PRICE . Buy buy buy

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[dpc166]

Agreed. Today is a good day to buy and get some discounted shares.

 

[pinolero]

It's dropping like a rock. May wait a little longer to buy more and be in a deeper hole than I am now.

 

[St Bernard]

Back to IPO PRICE . Buy buy buy

Had a sell order in at $88 so I’m out. Too many negatives right now. Company has to deliver some Vehicles. If they miss the next delivery period whats going to happen to the stock???

 

[cc84]

If the quiet period is over, it seems Rivian would drop some good news on us. Hopefully there are deliveries being made, we just don't know where, except to employees.

 

[GaryL]

Looks like we have the "I'm not taking a loss crowd" vs the "I wanted in at the IPO price crowd" on some pretty good volume so far. Interesting day.

 

[SeaGeo]

Also worth noting Lucid and Tesla are also a fair amount this morning.

 

[LeoH]

Their stock is a long term investment stock. If you wanted a quick dollar, that would have been if you bought at IPO price and sold when it hit 150. Otherwise, buy now, and let is sit for 10 years.

If anything, with the number of EVs coming up and major manufacturer's chipping in, Tesla should drop a bit.

 

[Peter del Rio]

Classic filling of the gap at 107.5 and then breaking the uptrend. Look out below. RIVN needs more shorts to get caught otherwise it is for sale until short term players get out.

It is hard to make the argument that Rivian is any thing more than a niche player and that the 800lb gorillas have been awakened and are coming hard after the EV pickup market.

I just hope Rivian can still produce the R1S because for now it is the most desirable EV SUV.

What could save Rivian is an announcement of mass market crossover to be built in Kentucky. But under SEC rules it has to be real not just hype.

What a shame...

 

[GaryL]

Classic filling of the gap at 107.5 and then breaking the uptrend. Look out below. RIVN needs more shorts to get caught otherwise it is for sale until short term players get out.

It is hard to make the argument that Rivian is any thing more than a niche player and that the 800lb gorillas have been awakened and are coming hard after the EV pickup market.

I just hope Rivian can still produce the R1S because for now it is the most desirable EV SUV.

What could save Rivian is an announcement of mass market crossover to be built in Kentucky. But under SEC rules it has to be real not just hype.

What a shame...

Were shorts available yet ? If so I wonder what the % short is.

 

[GaryL]

Fully agree that after the Ford GM anouncements the R1S is going to be the vehicle with volume sales if they can produce it. If they can hold the price not sure that competitors crossover vehicles won't come in similarly priced. Probably a mistake to concentrate on R1T, that vehicle is a niche market.

 

[jjswan33]

Can insiders sell yet? I don't recall how long they had to hold IPO shares.

 

[Sgt Beavis]

Can insiders sell yet? I don't recall how long they had to hold IPO shares.

I believe they have to hold until early May..

 

[Max]

I think Rivian is a short term play. And I don't have the stomach or foresight to play so I stayed out. IPO was priced too high to play long term. Around $40 may be a buy for long term.

 

[FutureTruck]

Back to IPO PRICE . Buy buy buy

I'm sure you wish we would all do that. Still has a ways to drop....

They need to make a global Model Y competitor if they want to survive. You can't have that valuation selling niche lifestyle trucks.

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