spin_dry Posted January 30, 2022 Author Share Posted January 30, 2022 2 hours ago, teamgreen02 said: Yes. Take anything an EV manufacturer says for a timeline and conservatively double it. I thought Tesla would go bankrupt. Elon Musk did too. It only took 18 years for Tesla to pull a profit. Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted February 8, 2022 Share Posted February 8, 2022 On 1/28/2022 at 3:21 PM, spin_dry said: Let’s see how the ball bounces. Looks like the ball is bouncing down the hill. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 8, 2022 Platinum Contributing Member Share Posted February 8, 2022 was last week just a dead cat bounce ? Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 9, 2022 Author Share Posted February 9, 2022 Sold 300 shares at 64.05. Bought at 54 even. Not bad for 10 days. 😜 The bad news hasn’t hit the mainstream yet. Fire on the assembly line at the plant. 1 Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted February 9, 2022 Share Posted February 9, 2022 2 minutes ago, spin_dry said: Sold 300 shares at 64.05. Bought at 54 even. Not bad for 10 days. Buy a lottery ticket. Hey, got my annual pension letter yesterday. My interest credits were calculated at 4.83%. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 9, 2022 Author Share Posted February 9, 2022 1 minute ago, teamgreen02 said: Buy a lottery ticket. Hey, got my annual pension letter yesterday. My interest credits were calculated at 4.83%. So? Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted February 9, 2022 Share Posted February 9, 2022 38 minutes ago, spin_dry said: So? Glad I'm not counting on that pension to retire. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 9, 2022 Author Share Posted February 9, 2022 Just now, teamgreen02 said: Glad I'm not counting on that pension to retire. No one should count on a pension alone. I don’t think that’s a very good idea. There’s simply too many options these days. 10 years leading up to retirement i was already set. I threw all the excess cash into Roth’s. Some would’ve spent it. Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 11, 2022 Share Posted February 11, 2022 spin should be thanking you teamgreen. It is obvious he changed his mind about his purchase and got the fuck out, lucky just to make anything. Instead he will just act like he somehow planned to get out in 10 days. LOL. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 11, 2022 Author Share Posted February 11, 2022 4 minutes ago, racer254 said: spin should be thanking you teamgreen. It is obvious he changed his mind about his purchase and got the fuck out, lucky just to make anything. Instead he will just act like he somehow planned to get out in 10 days. LOL. I'll be back in when it hits the 50-54 range again. Most likely sometime next week. Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 11, 2022 Share Posted February 11, 2022 20 minutes ago, spin_dry said: I'll be back in when it hits the 50-54 range again. Most likely sometime next week. You're an easy read, Just thank teamgreen. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted February 15, 2022 Author Share Posted February 15, 2022 Dan Sundheim’s D1 Capital Partners is betting big on EVs, including a new $1.6 billion Rivian stake sweet!! Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted March 2, 2022 Share Posted March 2, 2022 On 2/15/2022 at 3:19 PM, spin_dry said: Dan Sundheim’s D1 Capital Partners is betting big on EVs, including a new $1.6 billion Rivian stake sweet!! Down around 12% today, under $55. Quite a find you had here with the RIVN stock! Quote Prices for new electric vehicles from electric truck maker Rivian Automotive are rising to help the start-up offset higher costs. The direction of all car prices has been up in recent months, so a hike from another auto maker doesn’t seem like a surprise. Investors are reacting with nervousness anyway. Rivian shares (ticker: RIVN) were falling more than 10%, at $55.54, in early trading Wednesday. The S&P 500 and Dow Jones Industrial Average were up 0.5% and 0.7%, respectively. Prices for some vehicles and trim levels are rising up to 20%, according to reports that referenced an email sent to Rivian customers. What’s more, price increases appear to be impacting Rivian buyers with existing reservations. Rivian didn’t immediately respond to a request for comment about pricing actions. The Rivian R1T launch edition trim remains $75,000, and the base R1T still lists for $67,500, noted Deutsche Bank analyst Emmanuel Rosner in a Wednesday note. “But many of the upgrades for the vehicles come at a considerable premium to the base options,” he added. Rivian’s reported price hikes even drew a comment from Tesla (TSLA) CEO Elon Musk. He responded to a tweet about the increases saying that Rivian’s “negative gross [profit] margin will be staggering.” Most start-ups lose money early in their existence. Negative gross profit margins aren’t a surprise, but Musk added in a separate tweet that building expensive trucks is relatively easy, while achieving affordability is hard. Tesla also increased prices several times in 2021. Its stock didn’t really react to price-increase revelations, and Tesla’s automotive gross profit margins improved along with its growing delivery numbers in 2021. Price increases haven’t been confined to the EV space. The average transaction price for any new car in the U.S. topped $47,000 in 2021, up more than $6,000 from 2020. Inflation is part of the story, but so is low vehicle inventory and vehicle mix. A global shortage of semiconductors constrained auto production, leading to strained new-vehicle inventories. The chip shortage also led car makers to favor their most-profitable products, which in the U.S. tend to be large trucks and SUVs, according to Benchmark analyst Mike Ward. Those vehicles carry higher sticker prices. Rising prices will be a topic for investors and analysts when Rivian reports fourth-quarter numbers on March 10. Coming into Wednesday trading, Rivian stock had fallen about 40% year to date. Inflation, rising interest rates, and the Russian-Ukraine conflict have sapped some investors’ willingness to hold richly valued growth stocks. Rivian stock qualifies as one of those. Rivian’s market capitalization is $56 billion, about 19 times estimated 2022 sales of roughly $3 billion. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 2, 2022 Author Share Posted March 2, 2022 49 minutes ago, teamgreen02 said: Down around 12% today, under $55. Quite a find you had here with the RIVN stock! I’m still waiting for it to hit $50 and I’ll buy. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 2, 2022 Share Posted March 2, 2022 When guys like Spin and MC are giving stock picks. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 2, 2022 Author Share Posted March 2, 2022 2 minutes ago, ArcticCrusher said: When guys like Spin and MC are giving stock picks. Shouldn’t you stick with voting machine conspiracies? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 2, 2022 Share Posted March 2, 2022 (edited) 11 minutes ago, spin_dry said: Shouldn’t you stick with voting machine conspiracies? Did you listen to Justice Gableman's damning testimony yesterday on WI 2020 election fraud recomending decertification? I bet you didn't. Edited March 2, 2022 by ArcticCrusher Quote Link to comment Share on other sites More sharing options...
Anler Posted March 2, 2022 Share Posted March 2, 2022 On 1/28/2022 at 5:59 PM, poopooforme said: I like LCID better.... Vince put a deposit on a Lucid car bout a month ago Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 2, 2022 Author Share Posted March 2, 2022 (edited) 15 minutes ago, ArcticCrusher said: Did you listen to Justice Gableman's damning testimony yesterday on WI 2020 election fraud recomending decertification? I bet you didn't. Release the kraken. Edited March 2, 2022 by spin_dry Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted March 11, 2022 Share Posted March 11, 2022 @spin_dryYou buying more at $38 and then doubling down again at $28? Hey@DriftBusta, I dropped that $5k in HSA money into a total market fund today. Figured the Russia/Ukraine stuff is pretty much priced in. Some resistance the other day and people we buying again. Pretty much the last 12 months of gains are wiped out so I figured they are on sale now again. Quote Link to comment Share on other sites More sharing options...
racer254 Posted March 11, 2022 Share Posted March 11, 2022 37 minutes ago, teamgreen02 said: @spin_dryYou buying more at $38 and then doubling down again at $28? Hey@DriftBusta, I dropped that $5k in HSA money into a total market fund today. Figured the Russia/Ukraine stuff is pretty much priced in. Some resistance the other day and people we buying again. Pretty much the last 12 months of gains are wiped out so I figured they are on sale now again. He definitely should be thanking you for the heads up. Quote Link to comment Share on other sites More sharing options...
Anler Posted March 11, 2022 Share Posted March 11, 2022 On 2/8/2022 at 9:20 AM, teamgreen02 said: Looks like the ball is bouncing down the hill. The ball is flat Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 11, 2022 Author Share Posted March 11, 2022 1 hour ago, teamgreen02 said: @spin_dryYou buying more at $38 and then doubling down again at $28? Hey@DriftBusta, I dropped that $5k in HSA money into a total market fund today. Figured the Russia/Ukraine stuff is pretty much priced in. Some resistance the other day and people we buying again. Pretty much the last 12 months of gains are wiped out so I figured they are on sale now again. I’m out. Rivian blew it big time when they fucked over the people who laid down their deposits. Typical greed of an American company. They blew the trust of everyone who supported them including me. May they RIP. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted March 12, 2022 Share Posted March 12, 2022 5 hours ago, spin_dry said: I’m out. Rivian blew it big time when they fucked over the people who laid down their deposits. Typical greed of an American company. They blew the trust of everyone who supported them including me. May they RIP. Wouldn’t Ford be a decent ev play with a side of Rivian? Or better yet Kia or Hyundai? Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted May 12, 2022 Share Posted May 12, 2022 TTT for spin_big_money_dry. $24 a share. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.