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Interesting he felt the need to spend 5 paragraphs on negativity before getting to the subject.

https://electrek.co/2023/03/29/rivian-rivn-stock-bounces-on-strong-q1-delivery-data/

According to new data from state registrations gathered by Cox Automotive, Rivian had 8,145 registrations in the first quarter.

The total easily beats the Wall Street estimate of 7,167 reported by Benzinga, which also noted used vehicle data indicated fewer Rivian vehicles were on sale compared to peers like Ford, with the Lightning EV pickup, and Lucid, another EV startup that Rivan often gets compared to.
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PappaBolt

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Assuming registration data lags, and +2 days to go this month, I expect those numbers will go higher.

As for the article, negative news gets clicks. Monetize it!
 

R1Tom

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Now we just need $rivn to become a meme sensation and make the stock worth $200. Haha ha ha… but seriously
It's going to take meme status to get me back to neutral....all that tax savings has been negated and then some....by my stupidity on this stock....
 

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iansriv

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Now we just need $rivn to become a meme sensation and make the stock worth $200. Haha ha ha… but seriously
That would help alleviate the ridicule I've been facing for my "investments."
 

Zoidz

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That would help alleviate the ridicule I've been facing for my "investments."
I bought 100 this morning at $14.39, dollar cost averaged with my IPO shares it makes me feel better, lol.
 

iansriv

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I bought 100 this morning at $14.39, dollar cost averaged with my IPO shares it makes me feel better, lol.
Good thought but, I'm so far in the hole it will take a lot of dollar cost averaging to get out of this one. Just praying the Hollywood crowd replaces their G-wagons with the R1 and it takes off!
 

Redline

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There has been some bullish option flows lately as well.
 

Tahoe Man

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There has been some bullish option flows lately as well.
Yes, it's also broken it's downtrend since $20, so good news there.
$16 will be the first test if this is a real breakout or a false one.
 

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sevengroove

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It's going to take meme status to get me back to neutral....all that tax savings has been negated and then some....by my stupidity on this stock....
It isn't a loss until I sell it ... it isn't a loss until I sell it ...


Yea, I'm in the same boat - tax credit negated, pre-March 1 pricing negated, and probably some more after that for good measure 😅
 
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Who's rolling around in that $15.48 pile of cash today?😜
 

Tahoe Man

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Looks like this thing is putting in another lower high, this could be met with a lower low.
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