I like Rivian but depending where the initial trading shakes out it could be more or less attractive. I got the 175 shares at $78 that Rivian set aside for reservation holders which is a very small position for me, I am just going to sit on it for a few days and see where things shake out before buying more.What's your thoughts on the short term future as fas as buying in?
Ya, every person has a different threshold of pain for these high risk IPO... There will be dips to get more, no hurries IMO....I was going to go for the full 175 shares in the pre-IPO until they kept changing everything. I bought 100 shares at $78. Nice to see that it's up on the day and holding after hours. Who knows, maybe I will regret not buying more right off the bat. I plan to buy more as they increase production. I think they're a good long term investment. Amazon and other backers won't let them fail. The products are good, just have to get manufacturing up to speed.