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Rivian. History Repeats Itself

Back on June 26th 2024 I posted a blog about V.W. injecting $5 billion dollars in Rivian. That's a fair chunk of money. Here are two clips borrowed from that blog. .... Rivian jumped on that news. It now has a future. Now look directly below at how it traded two days later. The good news from this event quickly dissipated. Now guess what? Look at what happened this week. There was a Rivian "good news" event again. Now here is how the stock performed this week on this news. Jumping into buying Puts on this news with two days of life left in them would have been the way to play it. Here is how two series of Rivian Puts traded on Friday. (For interest sake only, here is Rivian's three year chart. It has it's ups and downs). For the most part, Rivian is not a fun stock to play options on. That's a comment I often make about playing stocks in the $15.00 range. **** History doesn't repeat itself when it comes to where our readership is coming from. This i...

Buying Back Shares To Help Lift The Stock - EV News Again

After years of work they now have three truck sales.
Now this.
Would I be buying this stock? NO. Another reverse stock split seems to be in the wind.
On a differing note "Faraday Future" is busy running around race tracts breaking speed records.
I guess they are burning off steam after recently doing a 1-80 reverse stock split. Image that! Yes it really did happen.
What a crazy race to go electric.** Now Mullen again one week later.
**** An update in July 2025.. Nothing has changed much. We still have struggling car making companies.

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