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re: Rivian a growth stock I am reconsidering

Posted on 12/18/23 at 8:55 am to
Posted by Hmanhunt
Member since Sep 2015
644 posts
Posted on 12/18/23 at 8:55 am to
I understand the burn me once sentiment, but it IPOd at a crazy valuation. This stock shouldn’t be 100 but my point was it shouldn’t be 15 either. There is a super high demand for their vehicle and as soon as they figure out production it will boom.
Posted by lynxcat
Member since Jan 2008
24246 posts
Posted on 12/18/23 at 11:21 am to
Robins will either break through and become another Tesla-type player or it will go to zero. I don’t see much in the middle.
Posted by REG861
Ocelot, Iowa
Member since Oct 2011
36480 posts
Posted on 12/18/23 at 12:10 pm to
quote:

understand the burn me once sentiment, but it IPOd at a crazy valuation


I remember when it came out and thought it was absolutely insane.
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