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re: Rivian a growth stock I am reconsidering

Posted on 12/14/23 at 8:35 pm to
Posted by Chad504boy
4 posts
Member since Feb 2005
172330 posts
Posted on 12/14/23 at 8:35 pm to
rivians SUV’s are nice
Posted by Mariner
Mandeville, LA
Member since Jul 2009
2336 posts
Posted on 12/16/23 at 8:11 am to
I lost my arse on it.

No way I can bring myself to investing in them again, no matter the hype.
Posted by REG861
Ocelot, Iowa
Member since Oct 2011
37404 posts
Posted on 12/16/23 at 1:11 pm to
When did you get in/at what price point?
Posted by Mariner
Mandeville, LA
Member since Jul 2009
2336 posts
Posted on 12/16/23 at 8:09 pm to
If I remember correctly it was well over $100.
Posted by Hmanhunt
Member since Sep 2015
694 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
24728 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
37404 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.
Posted by Hmanhunt
Member since Sep 2015
694 posts
Posted on 12/18/23 at 12:52 pm to
I think option 3 is acquisition by an existing automaker. Which would still be a profitable outcome.
Posted by Hmanhunt
Member since Sep 2015
694 posts
Posted on 6/25/24 at 7:55 pm to
Pretty monumental day for Rivian Volkswagen is investing $5B in exchange for their software. I really think Volkswagen will help the new Rivian 2.0s become profitable. Up 60% AH
Posted by SlidellCajun
Slidell la
Member since May 2019
13615 posts
Posted on 6/27/24 at 7:30 am to
Highly speculative and if this is your life’s savings, I’d warn you to stop what you’re doing but if it’s “play” money then have fun and I wish you good luck.

I bought it after seeing the truck and then Tesla’s truck and thinking that there’d be no way anyone buys that hideous Tesla truck over rivian’s very nice looking truck. I was wrong.

There are Better places to invest
Posted by Motownsix
Boise
Member since Oct 2022
2715 posts
Posted on 6/27/24 at 5:41 pm to
A much nicer looking SUV.
Posted by Lsut81
Member since Jun 2005
82817 posts
Posted on 6/27/24 at 5:51 pm to
quote:

I really think Volkswagen will help the new Rivian 2.0s become profitable. Up 60% AH


Rivians are def the best looking electric vehicles at this point, but didn't they lose billions a few quarters ago with concerns of them going belly up?
Posted by Hmanhunt
Member since Sep 2015
694 posts
Posted on 7/13/24 at 9:23 am to
IMO the absolute worst case scenario is a large automaker will buy them for their software and design before flat out going to 0. Question is is that $10 a share or $50? But I think the more likely scenario is they become profitable per vehicle.
Posted by TheJunction
Mississippi
Member since Oct 2014
1619 posts
Posted on 12/16/24 at 6:45 pm to
Rivian running
This post was edited on 12/16/24 at 6:47 pm
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