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johnnyfaceoff t1_jaamut8 wrote

Reply to comment by Meat__Head in Stocks on losing streak - Retail earnings - VIX calls highest since March 2020 by OliveInvestor

I did! Thanks bro!

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Meat__Head t1_jaasgvp wrote

Rivian has bled a lot lately. But when you go to their Facebook page, they are manufacturing 24/7, as hard as they can go to meet their production goal. And I live in small city like 7 states away from their manufacturing plant, yet I see their trucks on the roadways more and more over the past several months. There is obviously a demand for these trucks and I'm thinking that their earnings may be bullish as well. And with Ford retaining a 12% stake in them and Amazon owning 27%, they have some strong companies believing in them.

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Meat__Head t1_jadiw9n wrote

Did you get on RIVN too? Would have made a nice little profit today

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johnnyfaceoff t1_jadka79 wrote

I did not just playing it cool for now. I do appreciate the heads up tho! What do you look for with your plays?

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Meat__Head t1_jaeefjg wrote

I look for little things like recent website traffic numbers (if their website has been getting more or less visits over time), I check their FB pages and read through the comments to get an idea of customer sentiment. I basically just do my own research on the company. I look at past price movements and I read previous earnings reports. Im thinking Charge Point may be my next play.

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