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BC
Bill Combs
@billcombs · Nov 26

What do you think about the development of Rivian shares?

Shares of $RIVN are up more than 15% in the last 5 days, but overall the stock is down more than 40% so far this year. I still see quite a bit of potential in this company, I won't be investing in it, but I will definitely continue to follow the company's progress.

TM

The price is not bad and the company certainly has potential, but I am waiting for better results and then I would possibly buy.

BC

I have it set up very similarly.

NT

I don't see any fundamentals here and the numbers aren't particularly good, so I won't be investing.

BC

No, but it makes up for the potential. But I get it. I'm not gonna shop for it either.

CB

A great company that has great potential. I've bet on other stocks, but this is a great company too.

TM

If you were to buy, what price do you think would be okay?

MS

Pretty interesting business, but it's probably too much speculation for me, so I won't be buying.

CB

Why is that a big speculation for you?

AA

It's pretty much on a seesaw I'd say we could easily see the next days fall by more before the stock went down😅

WJ

There is certainly potential for the future, but the profitability is poor, which is to be expected as the company needs to invest heavily in production etc. A recent loan from the US Department of Energy could help. I'm putting the company on my watchlist and will keep an eye on it. At most I would try to speculate :).

BC

Agreed, profitability is not great, numbers/statements are not pretty either. However, if they do, they can grow very nicely and those numbers can change quickly.