Rivian: Meme Stock or Next Big Thing? BULLISH Data Indicates Higher Highs Ahead!
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- Äas pĆidĂĄn 28. 07. 2024
- Is Rivian a meme stock or a major player in the making? In this video, we dive into bullish data suggesting higher highs for Rivian. Join us as we analyze the latest trends and predictions surrounding this electrifying company. Don't miss out on this critical analysis-subscribe for more insights into the future of Rivian! #Rivian $RIVN
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I donât believe itâs a meme, check the short interest a day prior to VW news as it was probably similar because shorts thought Rivian was in line with other EVâs on route to BK. They were caught off guard, but luckily for the shorts it didnât explode more than it did, so they might be able to slowly return and go long as it stair steps up in coming months. IMO, this is an opportunity to scale into a long term growth stock (NFA), all the analysts know it as well. GSachs just gave it a $33 SP. You know Iâm in the play, how about you?
I put rivian as a growth stock
as far as production/deliveries, are people forgetting about the shutdown for retooling? was that in Q1/Q2? don't think VW would be investing up to 5 billion in them if they were a meme stock. Again Rivian ONLY supply vehicles to the US and Canadian market (apart form delivery vans)...once they start supplying in other markets I doubt they will be able to keep up with growth. the really interest bit is new business partnerships for the delivery vans.
why fail to deliver ?
I guess that shows a level of naked shorting
#rivianmemestock
Maybe itâs because they donât sell many cars ever think about that?
They clearly do. Their q2 numbers werenât that bad
For now Rivn is a Meme stock, prolly it may change as company goes toward profitability
I disagree because rivian is a growth stock