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Baddog posted:Rivian is repricing, moved up to 72-74, up from 57-62. I dunnnnno, seems very pricey. Larger than Hyundai ($40B) or Honda ($51B) Christ Don't they make like 2 trucks a day or something?
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Nov 5, 2021 23:47
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Yes but next year they're going to make 85% of Amazon's last mile delivery trucks which will make them the #2 EV manufacturer in the US, plus whatever consumer vehicles they manufacture
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Nov 5, 2021 23:53
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If enough people are expecting every electric vehicle stock to do the same as Tesla isn’t it self fulfilling? Like the actual value of the company no longer matters it’s just investor belief etc? Nothing makes sense to me idk
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Nov 6, 2021 00:19
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Bape Culture posted:Like the actual value of the company no longer matters it’s just investor belief etc? Nothing makes sense to me idk Too long to be the thread title, but it’s a contender
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Nov 6, 2021 00:48
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I was ready for my PFE weekly oom call to expire and be another lesson in why I shouldn’t trade options (bought in at .16). Took the day off, went to the park with the kid, checked in at lunch time - holy poo poo! Take my gains and run at 0.51. It was only a handful of contracts and only became a gain out of pure luck of the surprise announcement so literally no lesson learned but I’m happy that the number gods smiled on me just this once. I almost covered my TSLA calls that went bust!!
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Nov 6, 2021 00:57
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Bape Culture posted:If enough people are expecting every electric vehicle stock to do the same as Tesla isn’t it self fulfilling? Like the actual value of the company no longer matters it’s just investor belief etc? Nothing makes sense to me idk Now you're getting it.
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Nov 6, 2021 01:13
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Bape Culture posted:If enough people are expecting every electric vehicle stock to do the same as Tesla isn’t it self fulfilling? Like the actual value of the company no longer matters it’s just investor belief etc? Nothing makes sense to me idk It took years for people to cotton on to Enron being full of poo poo, eventually people will realise.
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Nov 6, 2021 01:14
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RIVN is virtually guaranteed to be a meme stock I'm already setting my sell limit orders for $1337, buying tickets to the Monaco superyacht show in 2022
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Nov 6, 2021 01:16
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GoGoGadgetChris posted:Larger than Hyundai ($40B) or Honda ($51B) They sold out manufacturing capacity for Amazon delivery vans for the next 10 years. Plus registered two more trademarks for smaller vehicles, so most likely will have 4 (up from two) consumer models available for preorder next year. But yeah don't invest. They'll have difficulty scaling even if they're a big boy in 10 years. It might pump until the first earnings call they'll have to do as a public company and then people will bail. And I think it's risky to even wait that long. They offered everyone with a preorder to buy shares at IPO price and I passed up even on that. I'll be super glad if they get a crapload of money though, vehicles are really neat and I like their adventure charger network plan (around national and state parks). Rad Russian fucked around with this message at 02:04 on Nov 6, 2021 |
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Nov 6, 2021 01:56
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e: this isn't what the thumbnail said it was >:| where's the comic comparing the stock market to the Warhammer 40k orks
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Nov 6, 2021 01:56
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I can't imagine they're going to be able to provide the amount of Trucks Amazon wants or needs in a reasonable timeframe, I have a feeling the deal is going to collapse
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Nov 6, 2021 01:57
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Since I'm a dumb dumb who held CCIV through its huge pump and after it became Lucid, I wanted to make sure: for long-term capital gains timing, I'd count from when I acquired it as CCIV right? I don't have to restart the timer after it converted to Lucid?
Martman fucked around with this message at 02:14 on Nov 6, 2021 |
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Nov 6, 2021 01:59
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might buy some open
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Nov 6, 2021 02:01
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Might buy 5 Rivian shares as lottery tickets. Worked for me with Tesla and I'm up 500% on that
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Nov 6, 2021 02:06
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Gaius Marius posted:I can't imagine they're going to be able to provide the amount of Trucks Amazon wants or needs in a reasonable timeframe, I have a feeling the deal is going to collapse They're effectively a puppet company of Amazon; if they can't supply Amazon, Amazon would have pulled support for them long ago, this has been years in the making
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Nov 6, 2021 02:14
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What're all you reconfirming at? I saw revised pricing t up to $74. gently caress it I'm in for 50 at <=$84. Maybe more at more $ iunno it's free money honestly
ReidRansom fucked around with this message at 04:07 on Nov 6, 2021 |
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Nov 6, 2021 04:04
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ReidRansom posted:What're all you reconfirming at? I saw revised pricing t up to $74. gently caress it I'm in for 50 at <=$84. Maybe more at more $ iunno it's free money honestly I said 75. I don't really even feel great there.
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Nov 6, 2021 04:07
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Do we know what day they're listing at yet?
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Nov 6, 2021 04:11
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Why is $GOON not $6 yet?
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Nov 6, 2021 04:42
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RCarr posted:Why is $GOON not $6 yet? Cause I haven't sold to get some offset losses next month yet.
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Nov 6, 2021 04:49
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DoubleT2172 posted:Do we know what day they're listing at yet? I see pricing on 9 Nov. Maybe allocation and listing by the 11th? No ideal really, I guess.
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Nov 6, 2021 04:53
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ReidRansom posted:I see pricing on 9 Nov. Maybe allocation and listing by the 11th? No ideal really, I guess. On Sofi it says the 10th.
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Nov 6, 2021 08:04
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10th is ideal, if you're bullish, because they're gonna announce SoFi earnings at close of market which is going to increase exposure even further and drive up demand/price Rivian goes public, SoFi announces earnings, stock price goes moon, atm goes brrrr, calls go brrr Brrr
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Nov 6, 2021 11:54
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while it's possible that sofi moons, like any other stock with retail interest, their earnings are not a slam dunk. "loan origination and sales" is like half their net income. mortgage refis and other loans like student loans. that could easily slope downward beyond expectations in Q4 https://s27.q4cdn.com/749715820/files/doc_financials/2021/q2/SoFi-Technologies-Q2-2021-AS-FILED-8.16.2021.pdf robinhood still managed to lose money in Q3 and their stock is suffering. sofi's brokerage ops will have a correlation with that. they'll probably get hype next Q though as they're hosting the super bowl in sofi stadium in 2022
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Nov 6, 2021 14:00
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pmchem posted:sofi moons, get hype next Q as they're hosting the super bowl in sofi stadium in 2022 
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Nov 6, 2021 14:36
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https://www.cnbc.com/2021/11/06/how-intel-plans-to-catch-up-to-samsung-and-tsmc-with-44-billion-of-new-global-chip-fabs.htmlquote:“I think I have more concrete trucks working for me today than any other human on the planet,” Gelsinger said. “We have construction in Oregon, New Mexico, Arizona, Ireland and Israel. And we expect to plant our next major fabs in the U.S. and Europe before the end of this year.” INTC's rivals won't stand still, either. But I like the effort to get back into fabrication.
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Nov 6, 2021 15:20
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elon is such a grifter and manipulator https://twitter.com/elonmusk/status/1457064697782489088?s=20 in reality he has a lot of options expiring that he has to dispose of anyway: https://twitter.com/Valuations_/status/1457134635943559171?s=20
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Nov 7, 2021 01:25
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Bape Culture posted:If enough people are expecting every electric vehicle stock to do the same as Tesla isn’t it self fulfilling? Like the actual value of the company no longer matters it’s just investor belief etc? Nothing makes sense to me idk Eventually they run out of cash flow to pay the back office but once you hear about the line missing checks, then the merry go round stops. TSLA has been there a couple times but not many and usually it's to put the fear of God/Elon in them
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Nov 7, 2021 01:38
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Bought some open. Anyone else?
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Nov 7, 2021 02:05
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PokeJoe posted:e: this isn't what the thumbnail said it was >:| 
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Nov 7, 2021 02:27
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SuppressdPuberty93 posted:Bought some open. Anyone else? I did. With Redfin saying that iBuying was still profitable, and open having that acquisition and canada expansion news I was hoping there would be some gains running up to their earnings. But apparently covid is over so I dunno whats gonna happen
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Nov 7, 2021 02:53
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yeah thanks. anyway thats my bull case for rivian
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Nov 7, 2021 03:05
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Re: Rivian and Amazon trucks, Ford's electric version of their Transit van is already apparently "sold out." There's absolutely nothing sexy about the story "Hey you know Ford's Transit vehicle? They're making it in Electric now" but it's pretty significant if Ford is able to boringly pivot their massive operation to making electric versions of their existing successful vehicles. Not a good thing for hip, low production startups like Rivian if Ford and other established companies can do this.
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Nov 7, 2021 03:23
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Good thing for the planet if last mile industrial delivery stops belching out what's effectively untreated diesel exhaust Our kids, and especially our kids kids are going to be  over the idea that our economy used to run on dinosaur squeezings the same way we think of steam power as being quaintI'm curious how much of rivian's IP was licensed by Ford. Ford very interestingly removed their board member from Rivian at the same time they filled their S-1. Worst case you lose your entire investment in RIVN, most likely case, you lose half your investment! Best case scenario you double it In other news the $200 I threw at global foundries last week after their IPO hasn't had terrible returns
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Nov 7, 2021 08:13
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Femtosecond posted:Re: Rivian and Amazon trucks, Ford's electric version of their Transit van is already apparently "sold out." That's been the issue with the hyped EV startups for a couple of years now. Companies like Ford, VW, Nissan etc have eased into EVs without much fuss and last I heard are out selling Tesla by a fair margin. The startups might have a little bit of IP that gives them an edge over a specific aspect of EVs, but in the long run that is nothing on the advantage of having existing supply chains, mass production capability and distribution channels.
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Nov 7, 2021 08:55
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gay picnic defence posted:. Companies like Ford, VW, Nissan etc are out selling Tesla by a fair margin. Do you have any sources dated in the last year that prove this claim even half way? Legit curious. Last I heard Tesla was selling ~3:1 everyone else in the BEV (not hybrid) market Tesla is grossly, grossly overvalued but pretty sure they're still the BEV market leader by a wide margin
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Nov 7, 2021 09:47
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Depends what market you're talking about, since most sales are non-US (and most of those are by Chinese companies you've never heard of). Looks like in the first half of 2021 Tesla sold 386,000 cars, about 15% of the global EV market (and 22% of the BEV market). Electric vehicles are sustaining (easier, and eventually cheaper, to manufacture) so it's just a matter of when, not if, existing manufacturers switch over.
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Nov 7, 2021 12:33
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At the end of the day, people are just going to buy the electric Camry and the electric F-150.
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Nov 7, 2021 15:55
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LLCoolJD posted:At the end of the day, people are just going to buy the electric Camry and the electric F-150. Pretty much this. I'll buy an electric car when there's an affordable smaller SUV (like a Cherokee or FJ) that's not made by the randomly exploding car company.
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Nov 7, 2021 16:28
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LLCoolJD posted:At the end of the day, people are just going to buy the electric Camry and the electric Maverick. Fixed for you. A 20k electric pickup with EV range is gonna be huge
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Nov 7, 2021 16:28
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