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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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towerdog
To: Jacob Snyder who wrote (45472)12/2/2021 11:47:37 AM
From: ajtj991 Recommendation   of 98082
 
What little there is of the RIVN chart makes a case for it going to $30 next year:

schrts.co

With such a high valuation, there may be a secondary offering next year. Also, lockup expiration may put additional pressure on the stock.

Other than their Amazon pre-sales, what else have they done? Also, electric vehicles are quickly becoming commodities. The differentiation is in the software and style, but how much is that really worth? Until we get more vehicles on the market, we won't know.
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