Important Trend Line!Money Makers!
Rivian has finally been launched on the NYSE. This trend line shown will be very important over the next few days, especially when we're able to use options. If it breaks below, that will be one of the first bearish signs and I'm sure there's a lot of bears waiting to take advantage. This project is currently backed by Amazon & Ford. With that being said with the pettiness between Elon and Jeff. I wouldn't be surprised if this project keep moving higher. Tesla is currently 10x Rivians price and I'm sure Jeff wants to catch up but that's just my opinion.
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RIVN trade ideas
Why I'm Bullish on RIVNSo the fundamentals on this stock are virtually non-existent and its still an IPO so by all means DD and DYOR.
Also I'm the last person to ask about anything financial related, all I do is code and trade and I don't have a degree in either...
That being said, I've been following this company for a while after one of the hiring managers asked me to apply to their web team.
Since then, I've been following what this company is doing from a vehicle design / engineering perspective and the other intangible things like leadership hires, strategic partnerships, etc.
I've also been following it on the 5 min and my indicator finally threw a good buy signal so I bought :-)
From a TA perspective I think it looks like we are doing a bullish consolidation and I'm optimistic of a bullish break out and continued price discovery.
Beyond TA... When you look at the "supply issues" and the problem other car manufactures are having with getting chips and the fact amazon is producing the chips www.thestreet.com it seems like a possible match made in heaven assuming investors like Bezos are capable of realizing the possible competitive advantage they have....
How Much Is Tesla Overrated?Electric car startup Rivian continues to fly sideways. Shares rose another 22% yesterday, bringing the company's capitalization to over $ 100 billion (more than Ford or General Motors). At the same time, the startup did not earn a penny, but generates losses at a rate of 1.2 billion per quarter. The world has definitely gone crazy. But since in the case of Rivian it is difficult to quantify the scale of insanity, because the company, in fact, does not even have a business model yet, let's look at the closest competitor in insanity.
Tesla in 2021 became the most expensive car company in the world and entered the top 5 largest US companies in terms of capitalization, ahead of such monsters as Facebook (Meta), Nvidia and Berkshire Hathaway Warren Buffett.
At the same time, Tesla produces 20 times fewer cars than Volkswagen or Toyota. And Tesla earns almost 10 times less than the same Toyota or Volkswagen.
As you can see, the difference goes by orders of magnitude. It turns out a rather strange situation when people are willing to pay 20-30 times more for a dollar of profit, income or assets of one company than for a dollar of another company. But after all, in fact, this is the same dollar.
Let's add some specifics using the analysis of special metrics - investment multipliers.
The most commonly used metric is P / E (the ratio of a company's capitalization to a company's earnings), which shows how many dollars you have to pay per dollar of a company's earnings. So for a dollar of Toyota's profit, you pay $ 9, and less than $ 8 for a dollar of Volkswagen's profit. This indicates that the relatively fair price is in the $ 8-9 range.
Now hold your breath for a second, because the P / E for Tesla is 347. Yes, not 3, and not even 34, but 347 (!). Roughly speaking, when you buy Tesla shares at current prices, you pay on average 40 (!) More than other automakers.
But profit is a volatile category and is not a reliable metric. Let's look at an alternative P / S ratio (the ratio of the company's capitalization to the company's earnings), which shows how many dollars you should pay per dollar of the company's revenue (revenue). Less than a dollar is a dollar of revenue from Toyota (0.9) and Volkswagen (0.6). A dollar of Tesla's earnings will set you back $ 34. That is, again, on average, 40 (!) More expensive than when buying shares of other automakers.
But let's say that Tesla is just reaching the peak of its financial form and the financial results are not indicative. Let's look at another metric that makes it possible to imagine the following situation: what if the company is auctioned off, how much money can we, as investors, return in the event of its liquidation?
To do this, use the P / B ratio (the ratio of the company's current market capitalization to its book value), that is, how many dollars you have to pay for each dollar of the company's assets. Anything less than 1 indicates that the company is cheap, and anything above 1 indicates its high cost. A dollar of Toyota or Volkswagen assets will cost you a little more than a dollar. That is, the companies are valued relatively fairly. But in the case of Tesla, a dollar of assets will be worth $ 44. That is, again, we have a magic number exceeding 40 times.
What is the conclusion from all this analysis? Tesla isn't just overrated - it's insanely overpriced. The company's shares are on average 40 (!) Times more expensive than competitors' shares. How to make money on this information? The answer is obvious - sell Tesla shares. Actually, this is already being done by the entire management of the company, including the head of Elon Musk, who just this week sold Tesla shares for more than $ 5 billion.
Some Thoughts About The Craziest IPO I've Seen (Rivian)Rivian is worth over $100 billion at the time of this writing. That's a lot of money.
BTW, they don't generate any revenue. Actually in their press releases they write that on any given quarter, they expect to generate $0 – $1 million in revenue. But never over $1 million. No more than $1 million.
From my research and understanding they are the first pre-revenue company to be worth $100 billion.
I get it - EVs are hot. And they are backed by Amazon and some Saudi money. Maybe they have an awesome roadmap. But my goodness, at $100B they basically need to be flawless in execution. It took Tesla some 10+ years to get to where it is and A LOT of controversy.
I have no position and don't plan on having one. It makes no sense to me. So best to stay away. Writing this down just for fun and to see what others think.
The chart I attached above is a 30-minute chart of Rivian since its IPO, which happened this week. Thanks for reading!
$RIVN is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $119,40;
stop-loss — $105,42;
take-profit — $161,34/MOC price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Rivian IPO Ponzied - Story Telling FOMO - Show Me Revenues!!Rising rates kill crypto & stonks dreamers. Small cap gems win. For next decade. US10Y on the up. #cannabisreform. Volatility SPIKE - large caps to small cap Quality VALUE gems. Revenue GROWTH matters!! #valuation
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RIVIAN is finally here! $RIVN backed buy Amazon and Ford - LIVE!Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly drive experience. Robert J. Scaringe founded Rivian in Plymouth, Minnesota in 2009.
Amazon currently holds a roughly 22% stake in Rivian. Amazon founder Jeff Bezos showed off his commitment to the company as he prepared to go to space in July; he and fellow astronauts rode to the launch site in a Rivian SUV!