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Dbeglor

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Ford has had a P/E multiple higher than GM for over 5 years. It has nothing or very little to do with Rivian. Ford is valued more than GM by investors. They believe Ford's growth will outpace GM by a significant margin over the coming years. That's all it is.
Yes, it is still higher than GM, but if you take out $17B from their market cap for Rivian, it's closer to 20 than 27-28.
 

Dbeglor

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It's going to be pretty easy for analysts to sniff out a miss in deliveries before 24 hours before the earnings. At that point I expect a miss will already be priced in.
Well to be fair, there is nothing to miss because they've given no guidance to investors on deliveries for 2022. The 1,000 or so by end of 2021 will have no impact on the stock price. The only thing that will be negative is if they say they encountered unforeseen delays, in production or in securing additional factory capacity. Lucid missed rear looking deliveries by 80% and their stock went up 20% because they said nothing had changed for their 20k forecast for 2022.
 

Sgt Beavis

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Welp, here’s the correction. Now the question is, just how much?
 

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Welp, here’s the correction. Now the question is, just how much?
Anyone's guess at this point but it's definitely correcting. Have to figure people will turn into buyers when it hits certain figures. Maybe 125, 100?
 

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kurtlikevonnegut

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Anyone's guess at this point but it's definitely correcting. Have to figure people will turn into buyers when it hits certain figures. Maybe 125, 100?
Sold at 175 and now trying to figure out where to set my buy limit. I'd love it at $100 but not sure if it will get back down there.
 

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I don't hold RIVN so no skin in the game (other than the $1,000 preorder). I'm rooting for the company, but this type of valuation is not sustainable, IMO. Not yet, at least. The risk/reward is too high and all it would take for this stock to correct 50% is for RJ to come out and announce a delay. Which is a real possibility right now.

Just be careful, folks. :)
 

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I don't hold RIVN so no skin in the game (other than the $1,000 preorder). I'm rooting for the company, but this type of valuation is not sustainable, IMO. Not yet, at least. The risk/reward is too high and all it would take for this stock to correct 50% is for RJ to come out and announce a delay. Which is a real possibility right now.

Just be careful, folks. :)
Agreed. These are inherently dangerous waters.

One has to assume that in that sort of press release he would also share how many more preorders they have gotten since IPO, which I assume to be massive given the media they are getting (for free).
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