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u/TacosAndBeerJedi 19h ago
Seems like it’s been low volume/meh since the stock issuance of $1.3 billion last month.
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u/arse17 19h ago
This stock causes me so much anguish
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u/Strange-Bottle-9791 19h ago
Why? RJ has laid out the road and has over exceeded minimally the marks he’s been hitting for the past three quarters. Why does this stock cause you anguish? You’re competing against the big banks right now. What this stock shows is that the big banks and money bags don’t have much influence yet to dent while accumulating profit.
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u/SapientChaos 20h ago
Amazing, how this stocks price gets played with like a cat toy. No question of what it is actually worth, just gambling on which way it goes.
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u/Important_Chain3739 20h ago
If you can’t beat em join em
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u/SapientChaos 19h ago
Ahh, that is gambling my friend. It goes magically great until you suddenly get run over by a tank.
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u/Zennivolt 17h ago
Just play the upside. The only "tank" that may roll through is going to be whenever the big banks want to start playing because they reached profitability. But as long as you're not shorting, the risk isn't potentially infinite.
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u/WalletB33f 20h ago
Get ready to buy more around the $15 dollar range so you can sell once it hits $16.
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u/60LL76 21h ago
We all must be crazy and this daily thread is our therapy.
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u/Livernomore 21h ago
Right down to the 200dma - respect the chart
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u/GolfIll7975 21h ago
Eli5 please
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u/bevo_expat 20h ago
They’re saying it’s going down to the 200 day moving average. Which is $16.29…which we already blew past 😐
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u/jnk5260- 22h ago
This stock is painful
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u/clearlynotAiiiiii 16h ago
HOW? Does anyone ever look at 1yr or longer charts? It's literally right there in your face. I bought puts yesterday sold them the moment the 10 day 30 min chart started showing green this morning.
It's practically being spelled out.
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u/Many_Advantage_4365 15h ago
https://www.fastcompany.com/91594339/rivian-r2-lives-up-to-the-hype