Rivian Automotive
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Rivian the next 100 bagger stock or money pit?

589
Buy low and sell high, simple as that right? I wish it was. Charts alone dont show the whole picture.

Rivian has a math problem. They are a sales grower, but they burn cash until they dont.
They are burning 1.5 ish billion a quarter and have 8 billion ish left from IPO.
Price to tangible book is now below 1.00 showing investor losing faith.
Note
snapshot
Note
as money is getting more expensive, and banks needed bailouts in last week, looks like investors are discounting lower the stock.

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