Rivian Automotive (RIVN)

His price target is $18.05. Very volatile. A stock to rent/trade. Difficult to do options on it. In low teens, he'd buy; in high teens, he'd sell. You could buy a third here ~$14.50, more ~$13.75, and the final third ~$13.25.

It's had a major move, he suspects from a short squeeze. Take some shares off the table.

They spent a lot of money on a factory. If there's an economic slowdown and the Fed doesn't bail us out, this stock will fall lower. Wait.

The partnership with VW prevents RIVN from collapsing, but doesn't make this a great stock. You can buy a tranche now and another $2 cheaper.

Demand for products strong, but not sure on direction of business. 

Terrific, but shares remain -35% YTD. Reported mixed Q4 production and delivery.

It's up a lot, so if you're in a profit, sell half your holding. It's a survivor in this sector.

The EV sector is challenged, except Tesla, because customers aren't doing that well. True, RIVN has cash to last a while.

Likes it, but it's losing so much money that they need to do more financing. Will watch it then decide after its second financing.

Have the 4th top selling EV in America and the top e-pick-up truck. Shares went public in end 2021 at the worst time and shares have been a disaster, but have doubled in the past two weeks after a super quarterly report. 

Good reviews on products. An early show-me story. On his radar. Prefers TSLA at the moment. Movement to EVs will continue.

The revenue should be large but losses are huge. This could go down further, not helped by Tesla's disappointing numbers after the bell today.