RIVN ALMOST $24 ANY NEWS???????
Yes I know, it is heavily shorted, not only that the aim is to kill the call options.
The stock is heavily shorted as you see Nasdaq up and it goes down for the last ten days amazing it will blow soon .
Someone took profits on about a million and a half shares.
They can't produce enough SUV's and they are backlogged. Rivian is not affected by your short news. Also... I have seen pictures on other sites, appears they are going to be producing some cool non automotive products. We shall see...
The one year chart has the Shorts crapping their pants. All three lines are going to cross and trigger every automated trades. AI is going to kill shorts... they can't influence fear to a robot lol!
On the internet any body can lie. Every time you predicted the direction of RIVN it has gone the other way. I am putting you back on ignore so I don’t waste my time but with the ten dollars you have to your name by now….better put it in your piggy bank.
Electric Car Sales Growth Slows in US as Inventory Builds Up
Loading Dec calls here today! The Dec 22.5 and 25 strikes!
Shorts are going to get burned, period. I bought heavily today on the dip.... hated to see my pps go from $15.75 to $16.80 but this stock is ready to launch. Margin calls will start soon.
Here is some food for thought-
George Soros average hold on stocks is roughly 3 quarters. He has now held RIVN for over 2 years. Get ready for the boom. The RS1 is going to kill it. Rivian is set up to build 150k a year.
This one is shorted heavy ,look the Nasdaq up 94 and this still not moving ???
Cutting the price to build instead of lowering profit margins to meet the needs of lower income purchases. ANOTHER wise move and advancement to generating positive revenue. Well done Rivian.
I recommended looking at taking some profits, here or elsewhere, this and other stock will lose 70% within a year. Final warning.
One more who understands the range anxiety that still exists. I know a guy who dumped his Tesla for similar reasons.
From what I can see you appear to never be right. Everyone do the opposite of what Ignorwood does. You can tell the intelligence is lacking, just look at that hideous profile pic!
I think one of the problems with Rivian (and Lucid) is that they are sticking to the higher price brackets.
I understand why, but if they would also make mid range vehicles priced for everyday consumers it could help take market share from other EV car companies.
Here is my take.
The run came early. The PR that was released in late June gave the confidence for investors and institutions to get in. The price skyrocketed 65% in less then 2 weeks. Anyone that shorted below $20 got screwed.
Q2 was a little better then expected, but the stock is close to what everyone predicted for the numbers reported. Shorts are having a field day due to more selling then buying. But, look at the daily chart, still bounced back on every heavy sell...
Personal belief, today is the low. Way oversold for no reason. Be hilarious for Amazon to take advantage of the drop to increase their stake. They have not sold one part of their 13% ownership in RIVIAN. Shorts have no chance against one of the richest company's in the world.
The squeeze is coming. Wait for the PR of expected profit coming way earlier then analysts predicted. Great minds are running this company. As a long, I have no worries and will be buying the Rivian Suv with a small take of my profits :).
I DIDN'T SEE THAT COMING HERE FER AS LONG AS IT TAKES , JUST WHEN THE CHART WAS STARTING TO SHOW A GOLDEN CROSS ,BAMMMMMM 10% IN A DAY RED . ONE OF THESE YEARS RIVIAN WILL MAKE A SERIOUS MOVE ,IT'S NOT LIKE THEIR NOT GETTING MORE AND MORE UNITS OUT THERE.
Oh sure you are KNORWOOD...always winning and never wrong...LOL.
Again DNORWOOD you are wrong...and this is not the first time...and we both know it...that is why you have me on ignore...you don't want to be reminded...LOL...what a stooge to say you are never wrong when I have seen you cheer on a ticker until it absolutely could not trade any more!...EVFMD
I'm pretty shore that most trading today was short not good market .
Shorts will get caught sooner or later .
Oh no, rivn kaputski
What a joke this guy in, he’s crying his eyes out with all his calls. Poor kid.
Not a chance. Luxury vehicles are ressecion proof. Nice try.... get ready to cover your short position.
Going below 10 then has a chance. I’m seeing identical market action in 07 and 99.
Time will tell. IF the revenue exceeds analysis expectations, shorts are screwed. I think people are forgetting about 1.5 billion cash paying out 5% or better right now. That's a lot of free money (the interest) that are surprising many reports. We already know they are producing more ev then expected. Imo, the current price indicates the 50k projection mark. Any numbers above that will move the price higher. It's clear RIVIN mgmt are pushing big time for expansion. Time to become #2 ev automaker.
Shorts are in good shape unfortunately. This is heading back down to where it came from. IMO, gl to all though. I have puts.
DNORWOOD seen the Golden Cross forming on the charts. This is an indication that shorts need to cover due to the bull run coming. Today might be a good day to buy. If the Q2 numbers are better then expected, the shorts covering will make the share price skyrocket. Last I seen. Rivian is shorted by almost 25%. I hope everyone that shorted in the past month are prepared to cover. Thumbs up to us long haulers to break $30 tomorrow!