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Started By
Message
Rivian a growth stock I am reconsidering
Posted on 11/14/23 at 2:39 pm
Posted on 11/14/23 at 2:39 pm
I’ve been slowly amassing some positions in RIVN. Feels like a company that has been beat down by interest rates like the rest of the industry. But they are making some interesting moves to increase production by bringing new plants online and building the motors in house now. They are also following the Tesla model of a more affordable model. Feels like $15 should really be the floor and that this stock should be around $25. Thoughts?
Also not the best reason to buy a stock but they are popping up every where around Northwest Arkansas and they make a really nice vehicle.
Also not the best reason to buy a stock but they are popping up every where around Northwest Arkansas and they make a really nice vehicle.
12
Posted on 11/14/23 at 4:45 pm to Hmanhunt
Friend,
It looked good two years ago, but I ended up catching a falling knife. It was one of the larger investment losses of my life. I still hold a small position and hope it can return to the three figures one day.
Yours,
TulaneLSU
It looked good two years ago, but I ended up catching a falling knife. It was one of the larger investment losses of my life. I still hold a small position and hope it can return to the three figures one day.
Yours,
TulaneLSU
Posted on 11/14/23 at 8:11 pm to Hmanhunt
I’ve been spending a lot of time in central OR and Wayne outside Philly, and I am seeing them everywhere. After a bit of research, they have been hampered by interest rates as well as production. They are catching up on back orders. Seeing their product is impressive. Just began opening a position yesterday. I’m an owner not a trader so this is a big deal for me lol.
Posted on 11/14/23 at 8:15 pm to Hmanhunt
Why buy RIVN when you can buy TSLA?
Posted on 11/14/23 at 9:30 pm to Hmanhunt
I lost my arse on it and sold it after a year.
Posted on 11/14/23 at 10:30 pm to Hmanhunt
Not touching it
Posted on 11/14/23 at 11:14 pm to Hmanhunt
No for me
Posted on 11/16/23 at 7:52 am to Hmanhunt
I've been paying attention to them for about a year. Saw a few from St. Augustine to Jax Beach and didn't know much about them. I think they have done a good job of marketing without all all the Musk bravado (I'm a Musk fan so its a complement) and it makes me think they have competent leadership around them.
Definitely considering it.
Definitely considering it.
Posted on 11/16/23 at 11:53 am to Hmanhunt
Well considering they are losing their arse right now with every car they sell, I wouldn’t touch it at the current price
Posted on 11/16/23 at 2:11 pm to Hmanhunt
I got burned by rivian and lordstown motors. I'm not touching anything ev related for awhile.
Posted on 12/14/23 at 3:46 pm to Hmanhunt
Honest question as I don’t know, what does RIVN offer over TSLA?
Posted on 12/14/23 at 4:27 pm to Hmanhunt
They are just so damn ugly.
So is the Tesla truck by the way. But the Rivians are atrocious
So is the Tesla truck by the way. But the Rivians are atrocious
Posted on 12/16/23 at 8:11 am to Hmanhunt
I lost my arse on it.
No way I can bring myself to investing in them again, no matter the hype.
No way I can bring myself to investing in them again, no matter the hype.
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