Rivian AutomotiveDiupdate Rivian the next 100 bagger stock or money pit?
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.
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.
Catatan
Catatan
as money is getting more expensive, and banks needed bailouts in last week, looks like investors are discounting lower the stock.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.