up 24.5% now. I'm offficially in the green on all of my positions on RIVN.
Do I sell and take some profit? Do I let it ride? it's been a fun lotto ticket type play from the beginning
Maybe trim if you were averaging down and building a large position.
Or maybe sell calls, as I can see it cool down a bit after todays big move.
It's been trapped in a range for a couple years, which it will need to break out of, but I'm doubting it breaks to the down side. With the R2 launching in the first half of 2026 Rev's are expecting to jump nearly 30%, and close to 50% in 2027. Doubt it collapses after building that base and now finally seeing their growth come to fruition. Especially with VW backing it up when needed. Risk reward seems to point upwards.
Also news of a robotics spinoff.
Hopes to be cash flow positive in 2027, but not expecting true profitability in the next 4 years.
I'm hanging in.