Rivian IPO
11-10-2021, 08:44 AM
#41
SoFi came through.Nothing from E-Trade
11/10/21 09:29AM EST
E*TRADE Financial Account Alert
Acct.no.: xxxx-xxxx RE: Public Offering Order 12 RIVN. We were unable to allocate shares. Possible reasons: Offering priced above limit or high demand for shares.
E*TRADE Financial Account Alert
Acct.no.: xxxx-xxxx RE: Public Offering Order 12 RIVN. We were unable to allocate shares. Possible reasons: Offering priced above limit or high demand for shares.
11-10-2021, 09:29 AM
#42
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Might be Friday until trading opens up to us peons.
11-10-2021, 09:32 AM
#43
It starts trading today. You can buy once it starts trading.
$115 open?
CNBC says $125
https://www.cnbc.com/2021/11/10/amaz...o-public-.html
$115 open?
CNBC says $125
https://www.cnbc.com/2021/11/10/amaz...o-public-.html
Amazon-backed EV start-up Rivian set to go public at $106.6 billion implied valuation
Nov 10 2021
Rivian Automotive will make its market debut Wednesday, in what’s expected to be one of the biggest IPOs of the year.
The electric vehicle maker’s stock is indicated to open at $125 a share, implying a valuation of as much as $106.6 billion and a 60% pop from its IPO price of $78 a share.
On Tuesday, Rivian priced its shares at $78, above the expected range, to raise about $11.9 billion. That share price gives Rivian a valuation of $66.5 billion, making it slightly less valuable than traditional automotive giants like GM and Ford.
Nov 10 2021
Rivian Automotive will make its market debut Wednesday, in what’s expected to be one of the biggest IPOs of the year.
The electric vehicle maker’s stock is indicated to open at $125 a share, implying a valuation of as much as $106.6 billion and a 60% pop from its IPO price of $78 a share.
On Tuesday, Rivian priced its shares at $78, above the expected range, to raise about $11.9 billion. That share price gives Rivian a valuation of $66.5 billion, making it slightly less valuable than traditional automotive giants like GM and Ford.
Last edited by AZuser; 11-10-2021 at 09:40 AM.
11-10-2021, 09:48 AM
#44
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It starts trading today. You can buy once it starts trading.
$115 open?
CNBC says $125
How
https://www.cnbc.com/2021/11/10/amaz...o-public-.html
$115 open?
CNBC says $125
How
https://www.cnbc.com/2021/11/10/amaz...o-public-.html
11-10-2021, 10:06 AM
#45
Ex-OEM King
$115 open is almost certainly going to drop off by end of day. Rivian has a lot of upside but other than the name and hype behind it, they have a lot yet to prove.
11-10-2021, 10:07 AM
#46
Whats up with RDX owners?
iTrader: (9)
My guess is it hits $200 by EOW.
11-10-2021, 10:16 AM
#47
Probably. $115 is definitely more than I'd spend and IMO overvalues the company. But in this crazy market, people are willing to pay up for what they think is a good company.
Last edited by AZuser; 11-10-2021 at 10:19 AM.
11-10-2021, 10:31 AM
#48
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Wow. That's some bad info. The share allocation from IPO is done. The shares hit my account some time early this morning before I got up at 6 AM.
Probably. $115 is definitely more than I'd spend and IMO overvalues the company. But in this crazy market, people are willing to pay up for what they think is a good company.
Probably. $115 is definitely more than I'd spend and IMO overvalues the company. But in this crazy market, people are willing to pay up for what they think is a good company.people thought the same about paying $100 for Tesla. It’s all a rush but I think Rivian is a safe bet. I’d have loved to have gotten in at $78. But I’d do $115. I’ll just get less shares.
11-10-2021, 10:53 AM
#49
Ex-OEM King
I'll buy in as soon as I'm able to. In the long run I probably won't lose any money anyway.
Schwab isn't even giving me a bid/ask price yet.
Schwab isn't even giving me a bid/ask price yet.
Last edited by SamDoe1; 11-10-2021 at 10:58 AM.
11-10-2021, 11:38 AM
#50
Whats up with RDX owners?
iTrader: (9)
It still hasn't started trading yet. Usually they finalize all orders by 10-11am.
11-10-2021, 12:03 PM
#51
Opened: $106.75
Currently: $111.93 : +$33.93 (+43.51%)
11-10-2021, 12:55 PM
#52
No!!!
$95.73 : +$17.73 (+22.73%)
$95.73 : +$17.73 (+22.73%)
11-10-2021, 01:01 PM
#53
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Grabbed it at $101
11-10-2021, 02:46 PM
#54
Ex-OEM King
Set a buy order for $95 and another for $85 to cover myself. We'll see what happens later today and tomorrow. With my luck this thing will go through the fucking roof tomorrow.
11-10-2021, 10:53 PM
#55
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Didn’t realize it opened today
11-12-2021, 08:42 AM
#56
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Well my other sticks have been dipping the past 2 days. But this one is doing great!!!
11-12-2021, 09:01 AM
#57
Ex-OEM King
Ugh, I should have bought in all the way on Wednesday. Just invested the rest of what I planned on putting in at $25/share more than back then. Oh well, hindsight is what it is.
11-12-2021, 09:04 AM
#58
Got 175 shares @ $78 from the directed share program for reservation holders, and another 650 shares at @ $78 from the initial offer through Sofi. At this rate the truck might pay for itself by the middle of next week.
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11-12-2021, 09:12 AM
#59
Ex-OEM King
^ That is amazing. We use Schwab so there was no chance for getting at the IPO for us. I also didn't buy nearly that many shares...
11-12-2021, 09:15 AM
#60
I signed up for a Sofi account specifically because they were offering IPO shares to retail investors. I think E-Trade was the only other brokerage to offer shares to retail investors. In any case, I had asked for 3000 shares, and they gave me 650. In hindsight maybe I should have asked for 10,000 shares.
11-13-2021, 12:49 AM
#61
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I actually saw an RT1 on Centinela Ave and Venice Blvd tonight. I was turning on Venice and they were turning on to centinela. No Camo.
11-13-2021, 07:01 AM
#62
Whats up with RDX owners?
iTrader: (9)
11-13-2021, 09:12 AM
#63
AZ Community Team
Forgot to buy some on Friday 
May go for some long on Monday and maybe bracketed put/calls
May go for some long on Monday and maybe bracketed put/calls
11-13-2021, 09:20 AM
#64
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11-15-2021, 02:28 PM
#65
11-15-2021, 03:23 PM
#66
Ex-OEM King
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Sarlacc (11-15-2021)
11-16-2021, 08:22 AM
#67
Crazy...
RIVN
$162.15 : +$12.79 (+8.56%)
Pre-Market: 09:21AM EST
LCID
$49.46 : +4.58 (+10.20%)
Pre-Market: 09:21AM EST
FOMO?
And RIVN options now available for trading.
RIVN
$162.15 : +$12.79 (+8.56%)
Pre-Market: 09:21AM EST
LCID
$49.46 : +4.58 (+10.20%)
Pre-Market: 09:21AM EST
FOMO?
And RIVN options now available for trading.
11-16-2021, 08:50 AM
#68
LOL it actually happened (not counting STCG taxes). Maybe by next week it’ll pay for the truck even after factoring in the taxes.
11-16-2021, 02:59 PM
#69
Team Owner
wow
11-16-2021, 03:12 PM
#70
Lots of call buying in both RIVN and LCID today.
They're trying to get RIVN over $185 (to $200?) and LCID over $65 by end of week.
They're trying to get RIVN over $185 (to $200?) and LCID over $65 by end of week.
11-16-2021, 03:37 PM
#71
Ex-OEM King
I think I missed the ship on LCID at this point.
11-16-2021, 04:23 PM
#72
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11-16-2021, 04:25 PM
#73
Rising tide lifts all boats. Given the momentum of Rivian and MT giving the Lucid Air the 2022 COTY award, investor sentiment should continue to be strong, fundamentals be damned.
11-16-2021, 04:26 PM
#74
As of 10/29/21, 10.25% of LCID is being shorted. Percentage could be higher now since stock is up 50.01% since then.
LCID short squeeze?
Wish I bought more. My LCID cost basis is $26.00
11-16-2021, 11:10 PM
#75
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11-17-2021, 09:36 AM
#76
Ex-OEM King
RIVN down 17% so far. If you want to buy in, the time might be quickly approaching.
I might toss in a few hundo to LCID but I'm not pushing a bunch in just yet.
I might toss in a few hundo to LCID but I'm not pushing a bunch in just yet.
11-17-2021, 04:10 PM
#77
Welp, there goes my free truck (for now)
11-18-2021, 09:44 AM
#78
Ex-OEM King
And we continue to go down...
11-18-2021, 09:48 AM
#79
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Booooo
