BigE
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Next week will be interesting as Rivian's quiet period will end on Dec. 4th.
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Confident RIVN Price Prediction and why I purchased more today
- Thread starter ethankailey
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- Watchers 6
JerseyGreens
Well-Known Member
It's already looking interesting this AM.
TheFuture
New Member
Of all the stocks in my portfolio, I have traded every one of them.
BUT Rivian is an exception, Rivian is the last stock that I would ever sell, so my kids will most likely inherit it.
I don't care if it rises or falls over the next 10 years. I only care 10+ years from now.
There are people like myself who will never buy a Tesla because we don't like Elon Musk.
ChrissyOne
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I think we may have missed our chance to buy at $100. Looking strong on good volume.
Pherdnut
Well-Known Member
No worries. Rivian's a long way from exciting numbers and the impending market implosion is any day week or perhaps month now. But wow the catalysts in this company's next 1-3 years.
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ChrissyOne
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I'm pretty confident that implosion will be lead by Tesla. The big question is, will it take the whole market / whole EV segment down with it?
Canthoney
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Just wait for the lockup period to end. Shares will be good to buy after they stabilize long-term
Canthoney
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90-180 days after IPO. Probably says in the S1 filing.
Pherdnut
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EV market? I don't think so. Musk deciding to add all of the neato features of his competitors to the CT, when he's clearly already super late to the EV truck party he thought he was going to start, feels like the cultural candle in the cupcake that it's no longer just about Tesla from this point on. Tesla might have a very ugly correction that affects other EV stocks temporarily but I don't think it's going to sink anybody who actually has something legit going on.
However, I was talking about the general stock market imploding. The perpetrators of the 2008 market crash were never really held accountable, they only upped their game on misbehaving, and China's real estate situation is going to trip pretty big dominoes, IMO. EVs may be better insulated from it all than most.
But big hedge funds are starting to gate their own clients again, making it harder for them to exit the HFs. That's a very bad, desperate-looking sign. I love the hilarious positive spin this headline tries to put on it:
https://www.bloomberg.com/news/arti...el-winning-the-war-to-keep-client-cash-longer
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