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300 shares of RIVN


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3 minutes ago, Crnr2Crnr said:

Rivian market cap is still $20B

Ford $47B

GM $50B

Tesla $464B :lol:

 

I'm bored with this car company stuff... maybe I'll buy Twitter:lmao:

Market cap is misleading, take a look at enterprise value as that includes debt.  Debt has tax advantages and historically is much cheaper for companies with good credit ratings.

Equity financing may mean banks won't offer them debt financing and the ones who do have priority in bankruptcy over shareholders.  Common stockholders are last in line which is why the returns are higher.

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1 hour ago, Crnr2Crnr said:

Rivian market cap is still $20B

Ford $47B

GM $50B

Tesla $464B :lol:

 

I'm bored with this car company stuff... maybe I'll buy Twitter:lmao:

Trump cards are the best investment you can make.

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2 hours ago, teamgreen02 said:

TTT.  Example 3,635,835 of why retail investors need not pick individual stocks.

The only one making money here was the IPO purchasers like they always do.  They have access the rest of us don't, pump the stock 10-25%, and then dump it for a quick gain.

image.thumb.png.ba41eca522bf8f02c7bdcf44c3e800f0.png

I made money on Rivian. 

Edited by ActionfigureJoe
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4 minutes ago, teamgreen02 said:

Sorry, forgot to mention short sellers!

That wasn’t my intent going into it. But after the fire on the production line and the subsequent loss/removal/resignation of a very credible marketing person and another industrial design individual, becoming aware of that, I was out. One of the best indicators of how a company is really doing is retention of quality people. When they start heading for the door….it’s time to get out. 

Edited by ActionfigureJoe
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5 hours ago, Crnr2Crnr said:

Rivian market cap is still $20B

Ford $47B

GM $50B

Tesla $464B :lol:

 

I'm bored with this car company stuff... maybe I'll buy Twitter:lmao:

You sure about these number? Seems weird a company with just a couple models , one who's product makes you turn you head to see because they are rarer then a black dude on a ski slope. has those numbers.

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5 minutes ago, steve from amherst said:

You sure about these number? Seems weird a company with just a couple models , one who's product makes you turn you head to see because they are rarer then a black dude on a ski slope. has those numbers.

They still have Amazon in their pocket. They’ve been pumping out the delivery vehicles. It’ll be what saves the company. The quality control on the consumer pick ups have taken a big decline. Fit and finish is terrible. 

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1 hour ago, steve from amherst said:

You sure about these number? Seems weird a company with just a couple models , one who's product makes you turn you head to see because they are rarer then a black dude on a ski slope. has those numbers.

Yes... as of that posting

https://www.google.com/finance/quote/TSLA:NASDAQ

https://www.google.com/finance/quote/F:NYSE

https://www.google.com/finance/quote/GM:NYSE

https://www.google.com/finance/quote/RIVN:NASDAQ

 

 

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Auto stocks have always been dogs. Too much of a roller coaster ride between good times/bad times. Tesla was on quite a run but that has calmed down now along with the other electric car stocks.

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13 minutes ago, Edmo said:

Auto stocks have always been dogs. Too much of a roller coaster ride between good times/bad times. Tesla was on quite a run but that has calmed down now along with the other electric car stocks.

Tesla stock wasn't justified even with 100% of the entire auto market.

Way over priced.

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