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Old 05-11-2022, 09:53 AM   #12911
chiefforlife chiefforlife is offline
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Join Date: Feb 2006
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Quote:
Originally Posted by Munson View Post
Ford was one of their early investors, and they are selling 8 million of their 102 million shares. The stock reached an all time low because of that.

https://www.cnbc.com/2022/05/09/rivi...-start-up.html
Yeah, it says JP Morgan has a client that is going to dump even more than Ford did. This is kind of expected though, the initial investors are recouping some of their money. Doesnt mean the company isnt worth investing in? Right?

May be a great time to buy, after the next dump?

I think most companies are struggling with production right now so Im not to concerned with that either.

As a consumer entertaining the idea of an EV Truck, this Truck has captured my attention. Although, the Chevrolet shown during the Super Bowl is really nice and is actually a full size. Looks like an Avalanche but they dont call it that anymore. Roughly the same price when you build it. Probably better support for it later on as it is a major brand.

Looking for some opinions from you guys? Would you buy an EV Truck? If so would you buy a Rivian?
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