Rivian stock

[GFB]

I read a couple of months ago that Rivian was 6 billion dollars in the red. If that’s true I’d hate to own one of their vehicles.

Ford has $140 billion in debt.

I have no idea if Rivian will exist in 10 years. Assuming the Georgia plant ever opens, they’ll be able to better meet whatever demand there is for their vehicles. If they ever post positive earnings I’d think the stock will trade much higher. But I have no crystal ball.

 

[guncrazy72]

I snagged $30 worth so it sits in my portfolio as a reminder. More or less a bookmark to check on every few weeks to see if it’ll be worth buying more or less.

 

[hikingthehills]

Im thankful I bought at $16. I like to get on the train when its right near the top before it goes down the hill. At least Im consistent. Dont worry guys I wont buy anything else.

Buy SPY, I'm loading inverse!

 

[GFB]

Buy SPY, I'm loading inverse!

Dang, dude. Timing the crash seems tricky.

 

[hikingthehills]

Dang, dude. Timing the crash seems tricky.

Grabbing and loading shares on SPXS with call gains. I'm fine holding for an extended period of time. This is a bubble that going to pop and I don't believe we're far from the top. Time will tell.