Rivian the next 100 bagger stock or money pit?

2023년 3월 1일

Buy low and sell high, simple as that right? I wish it was. Charts alone dont show the whole picture.

Rivian has a math problem. They are a sales grower, but they burn cash until they dont.
They are burning 1.5 ish billion a quarter and have 8 billion ish left from IPO.
Price to tangible book is now below 1.00 showing investor losing faith.

2023년 3월 14일

노트

2023년 3월 14일

노트

as money is getting more expensive, and banks needed bailouts in last week, looks like investors are discounting lower the stock.