$Rivian Automotive, Inc.(RIVN)$still too overvalue although its a “good” company backed by “Amazon”
Red flag points:
- haven even start production and deliveries
- for a gd EV to be good, batteries! No batteries no need see the car
- If there is an even better company, Amazon can always switch providers
- Price is already way overvalued
Green flag:
- if the price is about $100-$110, will consider open an position provided the company announced news on its batt and how it sustain.
- less ppl behaving like fomo, like this company becoming more valuable than lucid which already started delivering.
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- PagRobinson·2021-11-22I won't choose companies that are overvalued. Because I think its value will soon return to its true value. I won't use my money to buy expensive stocks.2举报
- NinaEmmie·2021-11-22Instead of investing in an uncertain company, it's better to change a company. If it fails to deliver products successfully, Amazon can have many alternatives. Why don't we?2举报
- MamieBenson·2021-11-22Great sharing. No matter how well it publicizes, if it can't produce and deliver products, everything is 0!2举报
- JustinCooper·2021-11-22Looking forward to buying it at a lower price, it's still a good company overall点赞举报
- Meet0·2021-11-22Electric cars depends on how the battery, if the performance is not good, I will not buy1举报
- KennethLong·2021-11-22A stock that you will regret buying later...点赞举报