Personal Finance and Investing

bif

(23,971 posts) Sat Nov 27, 2021, 12:04 PM Nov 2021

If you want to make a bundle on the stock market...

Just do the opposite of what I do. "Buy high and sell low" seems to be my motto. Instead of waiting a couple weeks to buy Rivian, I bought it about four days after the IPO. Now that it's pulled back, it's a great time to buy. I think it's going to do well.

6 replies

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If you want to make a bundle on the stock market... (Original Post) bif Nov 2021 OP

Ford motor just canceled the deal with rivian Beachnutt Nov 2021 #1

Back in 2008 I bought multigraincracker Nov 2021 #3

Same here. bif Nov 2021 #5

A friend of my daughter works for them bif Nov 2021 #4

Lucid began production recently Beachnutt Nov 2021 #2

I was going to buy some Lucid at $20... bif Nov 2021 #6

Beachnutt

(8,089 posts)

1. Ford motor just canceled the deal with rivian

Reply to bif (Original post)

Sat Nov 27, 2021, 12:09 PM

Nov 2021

do they have a plant yet ?

multigraincracker

(34,069 posts)

3. Back in 2008 I bought

Reply to Beachnutt (Reply #1)

Sat Nov 27, 2021, 02:17 PM

Nov 2021

A bunch of Ford stock for $1.89 a share. I’m really happy they are back to paying a dividend.

Don’t ask about my screw ups, like those Majic Belts shares I bought.

bif

(23,971 posts)

5. Same here.

Reply to multigraincracker (Reply #3)

Sat Nov 27, 2021, 02:32 PM

Nov 2021

Sold it all at around $9.

bif

(23,971 posts)

4. A friend of my daughter works for them

Reply to Beachnutt (Reply #1)

Sat Nov 27, 2021, 02:31 PM

Nov 2021

He's going to take delivery of a Rivian truck soon. So yes, they have at least one plant. And they have a huge contract to supply trucks to Amazon.

Beachnutt

(8,089 posts)

2. Lucid began production recently

Reply to bif (Original post)

Sat Nov 27, 2021, 12:40 PM

Nov 2021

New plant in Coolidge Az, another good ev play is Lion Electric Vehicle huge plant being built in Champagne,Ill they build electric buses already established Canadian company coming to the USA.
I own charging companies also Evgo and Volta have a few other ev plays also.
If your into sports and sports betting take a look at Hall of Fame Village its dirt cheap right now but will be coming on soon imo.
SEAH has 3 companies under its umbrella Betway, Spin Casino and Digital gaming already very profitable company going public via spac due to merge any day now.

bif

(23,971 posts)

6. I was going to buy some Lucid at $20...

Reply to Beachnutt (Reply #2)

Sat Nov 27, 2021, 02:33 PM

Nov 2021

But my daughter talked me out of it. Now it's around $50. Oh well.

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