Meat__Head t1_ja9q743 wrote on February 27, 2023 at 9:44 PM

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

Hopefully some of yall got in on this play when I called it out earlier 👌

johnnyfaceoff t1_jaamut8 wrote on February 28, 2023 at 1:31 AM

I did! Thanks bro!

Meat__Head t1_jaasgvp wrote on February 28, 2023 at 2:13 AM

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.

Meat__Head t1_jadiw9n wrote on February 28, 2023 at 5:38 PM

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

johnnyfaceoff t1_jadka79 wrote on February 28, 2023 at 5:47 PM

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

Meat__Head t1_jaeefjg wrote on February 28, 2023 at 8:58 PM

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.