As the Rivian stock price rockets to the moon, it is easy to get a bit carried away in the excitement of it. In this article I talk about that, as well as present some thoughts about how best to think about gains in any investment, and make wiser decisions about what to do next. https://read.cash/@Porwest/holding-on-to-my-britches-a9a380b0
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4 comments
Looks like a nice premarket pullback today... kind of falls right in line with what I was expecting to see as short-term traders started taking profits.
Yep. Kind of exactly what I was expecting as well.
Seems to fall right in with the general trends for IPOs at least. 😁
The only problem I have with it short term is I think it IPOd a bit overvalued. But sometimes that works out. Facebook was highly overvalued when it IPOd and its stock has done well, even if I hate the company. lol