I’ve got a sizable sum of cash waiting to be deployed. Should I buy RIVN? What can I expect?
Alternative thought is to sell $13 puts and keep rolling till I can’t afford to anymore or the stock 🚀… what would you do?
Rivian Automotive Inc. on Tuesday launched its new voice-activated AI assistant in the latest software update to its electric vehicles.
“Unlike basic voice command tools found in phone-mirroring systems, Rivian Assistant is built directly into your vehicle’s hardware and software, providing the unique power to talk to every aspect of the vehicle and get things done for you,” the company said in a blog post.
If you bought like 3 years ago, which i did, you would be single digits up. A 3 years horizon is not gambling, or degen stuff, its just normal people investing.. you would be 80% up on the sp500.. 80%! .. not even talking about the AI hype stocks. just normal boring investing.. I believe in this stock, i think it has potential to reach 50-60$ easily in the next 2 years. But still, thinking about the missed opportunities is just crazy to me.
It seems like the recent report doesn't warrant this kind of a drop.
I'm obviously no expert and I was wondering why the stock price has fallen so much recently?
I own over 1,600 shares.
They are executing well but looks like they aren’t able to give market clear picture of their roadmap. Call was full of self doubt…
Edit - how hard is it to understand that i am losing faith due to incompetent marketing of management not execution.. i bet none of the comments heard call end to end like i did :)
Great feedback in this video.
I invest in 2 ETFs and 2 stocks ( RIVN + LUNR). I see RIVN going through what LUNR went through the past year... stock went from 25 to 8 dollars... it hit 29 yesterday.
If you want to quick buck, go put your money in Bitcoin :) I genuinely am excited about what RIVN are building and I put my money behind them, long term. The ups and downs.
Happy weekend everyone.
This passed my eyes on social media, as an argument for a simmering bull run in the future.
Curious what you all might think.