Perk
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Anyone?
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Announcing our new "CLUBS" section where you can join or create a Rivian club or group! You can use this new feature to conveniently plan and discuss local events, gatherings or other club/group related topics.
So we encourage you to join (or start) special-interest and regional-based Rivian clubs at: https://www.rivianforums.com/forum/group-categories/clubs-groups.1/
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If the stock hits $18 tomorrow I'm dropping $10k on it
- Thread starter RivianNowPlz
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LaunchGreen
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Gshenderson
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I don’t see where it ever got below $19.50, so if you bought in the $18’s good for you. Now trading around $25, so I’ll reiterate my opinion that it’s a buy below $25.
SANZC02
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I never saw it in 18s either and 52 week low shows 19.25
Perk
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I don't usually do any stock trading. I bought a little bit of Tesla years ago, and Rivian now makes up most of my portfolio. I set a limit order and it filled. It seemed odd to me that my purchase was below the recorded minimum. I thought maybe is was not uncommon??
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RBR1S
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I picked up 150 shares in the dip. Figure if Rivian does good, they can have their money back when they deliver my R1S.
Count Orlok
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I got 1,000 @ ~ $27 recently; to help ease the pain of my DSP purchase.
intimidator
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Rivian stock is certainly a better value at $20 or $25 a share, than it was at $75 a share.
However, always remember a good company, can be a bad stock.
Make sure you understand the total # of shares outstanding (the float), the valuation of the company, how soon they will potentially reach positive cash flow and their debt and cash positions.
The stock will struggle until Rivian can show they can pump out vehicles. The supply constraint excuse is wearing thin. Many many companies have adjusted and adapted to the new economy. Rivian should be very close to having adapted too.
However, always remember a good company, can be a bad stock.
Make sure you understand the total # of shares outstanding (the float), the valuation of the company, how soon they will potentially reach positive cash flow and their debt and cash positions.
The stock will struggle until Rivian can show they can pump out vehicles. The supply constraint excuse is wearing thin. Many many companies have adjusted and adapted to the new economy. Rivian should be very close to having adapted too.
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