ssamsam5
liked
Not truly understanding penny stocks.
Got hosed. Got wise and Got to studying about buying volatile stocks. Hindsight is 20/20 but I Digress.
Still Very Important lesson learned...
Do the DD on Everything and don't fall victim to what people say is a good buy because in the market no one can predict exactly what's going to happen.
Only trust your DD and if it happens to coincide with your research you maybe on to something. Trust in your self and know when to take profits over greed.
Happy Holidays to my fellow MooMoo's!
Got hosed. Got wise and Got to studying about buying volatile stocks. Hindsight is 20/20 but I Digress.
Still Very Important lesson learned...
Do the DD on Everything and don't fall victim to what people say is a good buy because in the market no one can predict exactly what's going to happen.
Only trust your DD and if it happens to coincide with your research you maybe on to something. Trust in your self and know when to take profits over greed.
Happy Holidays to my fellow MooMoo's!
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ssamsam5
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A recent $Amazon(AMZN.US$ test of a $Rivian Automotive(RIVN.US$ electric van showed that the battery's performance is below the EV startup's claims.
According to the report, the battery drained 40% faster than usual if the van's heating or cooling was on. Rivian said in its prospectus that the all-electric delivery vans would have a range between 120 miles and 150 miles, depending on size.
Rivian shares fell 8.2% to 118.11 on Monday. RIVN stock rose 67% in the first few days after its IPO, to 129.95. But shares closed down 1% last week after a wild ride.
Among other EV stocks, China-based $XPeng(XPEV.US$ edged up 1.1% after briefing reclaiming a buy range intraday. $NIO Inc(NIO.US$surged 7.3%, while $Li Auto(LI.US$ advanced 1.9%.
Among U.S. automakers, $Lucid Group(LCID.US$ reversed opening gains and dropped 8.2%, $General Motors(GM.US$ rose 3.7% and Ford (F) was up 5.4%. U.S.-traded shares of Germany's $VOLKSWAGEN A G(VWAGY.US$ dipped 0.4%.
It seems that there are formidable enemies everywhere.
Do you think RIVN is ready to compete in the EV battlefield?
Source:
Tesla Stock Rises As Musk Teases Model S Plaid In China; Battery Issue Drains Rivian Stock
According to the report, the battery drained 40% faster than usual if the van's heating or cooling was on. Rivian said in its prospectus that the all-electric delivery vans would have a range between 120 miles and 150 miles, depending on size.
Rivian shares fell 8.2% to 118.11 on Monday. RIVN stock rose 67% in the first few days after its IPO, to 129.95. But shares closed down 1% last week after a wild ride.
Among other EV stocks, China-based $XPeng(XPEV.US$ edged up 1.1% after briefing reclaiming a buy range intraday. $NIO Inc(NIO.US$surged 7.3%, while $Li Auto(LI.US$ advanced 1.9%.
Among U.S. automakers, $Lucid Group(LCID.US$ reversed opening gains and dropped 8.2%, $General Motors(GM.US$ rose 3.7% and Ford (F) was up 5.4%. U.S.-traded shares of Germany's $VOLKSWAGEN A G(VWAGY.US$ dipped 0.4%.
It seems that there are formidable enemies everywhere.
Do you think RIVN is ready to compete in the EV battlefield?
Source:
Tesla Stock Rises As Musk Teases Model S Plaid In China; Battery Issue Drains Rivian Stock
![Daily Poll: Battery issue drains Rivian stock.](https://ussnsimg.moomoo.com/1637640753863-77777000-android-org.gif/thumb)
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Not going to lie, I’ve never even thought of shorting a company, but this is insane. Up to $157 in pre market with no reason to be valued at $137 billion. For reference, Tesla, most famous for being overvalued and the stock still goes up is trading at only 7.3x the valuation of RIVN. Yet RIVN has 0 sales, 0 revenue, 0 profit. This thing is going to fall hard. Just a matter of how long these buyers can hold the price this high.
$Rivian Automotive(RIVN.US$
$Rivian Automotive(RIVN.US$
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ssamsam5
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ssamsam5
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$Tesla(TSLA.US$ The Chinese poems that Musk posted on his social accounts mean
Both born of the same root, why torment each other so cruelly!
Both born of the same root, why torment each other so cruelly!
![Picture](https://ussnsimg.moomoo.com/1635816077467-71286787-android-org.jpg/thumb)
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WHOOOO WANTS CANDY???![]()
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Yes mooers! Halloween is coming again, a day full of sweet smell of candies and spooky ghost legends!! There are many fantasy sayings about Halloween, and people hold different opinions about these. For instance, believe it or not, it's generally said that Halloween is also the most haunted day of the year as the old saying goes. And that's why people are keen to dress up in costumes and swarm into the street in order to drive away ghosts. While these legends seems difficult to be confirmed, there are also some anomalies regarding Halloween in the stock market.
(A review to last year's story >> Halloween Effect - Sell In May and Go Away)
"Eat, Drink and Be Merry?" Nah, be SCARY!!
"Eat, drink and be merry" is popular among young fellows, because life is too short to be wasted. But now what's expected from you guys is "to be scaryyyy"! Exactly, here we want you to share everything related to Halloween. It could be your Halloween makeups, the thrilling moments you've ever had in your life, or some tender stories with family...... I bet most of you must have got a lot to share with mooers, so we have prepared a Halloween gift for everyone.
Reward points await!
Based on content quality and originality, winners will be selected and announced around Nov. 12th.
5 best storytellers will get 888 points
10 featured posts will get 555 points
All participants excluding the 15 mooers mentioned above will get 66 points in return for participation (at least 20 words or at least 1 picture related to Halloween vibe to qualify).
Get your bonus by joining the discussion "Spooky Season Again: Share Your Halloween Vibes and Holiday Moments" before the end of Nov. 7th ET and share your own stories now. We can't wait to read them!![]()
![]()
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Once again, happy Halloween to ya all, whatever you are...
Do not go gentle into that good night...![]()
![]()
![]()
Yes mooers! Halloween is coming again, a day full of sweet smell of candies and spooky ghost legends!! There are many fantasy sayings about Halloween, and people hold different opinions about these. For instance, believe it or not, it's generally said that Halloween is also the most haunted day of the year as the old saying goes. And that's why people are keen to dress up in costumes and swarm into the street in order to drive away ghosts. While these legends seems difficult to be confirmed, there are also some anomalies regarding Halloween in the stock market.
(A review to last year's story >> Halloween Effect - Sell In May and Go Away)
"Eat, Drink and Be Merry?" Nah, be SCARY!!
"Eat, drink and be merry" is popular among young fellows, because life is too short to be wasted. But now what's expected from you guys is "to be scaryyyy"! Exactly, here we want you to share everything related to Halloween. It could be your Halloween makeups, the thrilling moments you've ever had in your life, or some tender stories with family...... I bet most of you must have got a lot to share with mooers, so we have prepared a Halloween gift for everyone.
Reward points await!
Based on content quality and originality, winners will be selected and announced around Nov. 12th.
5 best storytellers will get 888 points
10 featured posts will get 555 points
All participants excluding the 15 mooers mentioned above will get 66 points in return for participation (at least 20 words or at least 1 picture related to Halloween vibe to qualify).
Get your bonus by joining the discussion "Spooky Season Again: Share Your Halloween Vibes and Holiday Moments" before the end of Nov. 7th ET and share your own stories now. We can't wait to read them!
Once again, happy Halloween to ya all, whatever you are...
Do not go gentle into that good night...
![Trick or Treat! Give Me Something Good to Read](https://ussnsimg.moomoo.com/1635500590032-77777001-android-org.gif/thumb)
![Trick or Treat! Give Me Something Good to Read](https://ussnsimg.moomoo.com/1635500590161-77777001-android-org.jpg/thumb)
![Trick or Treat! Give Me Something Good to Read](https://ussnsimg.moomoo.com/1635500590209-77777001-android-org.gif/thumb)
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No pain no gain. Heart pain but never cry. If have the holding power just hold on to it and wait for recovery. Investment is to me is always the extra $ that I dont use or need it within that year. I can wait.
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