As the Rivian stock started heavily dropping over the past couple of weeks did anyone start selling their shares to cut their losses? Or have you held on to them?
Exactly, you only lose money once you sell. They are slow as molasses but Rivian will eventually make some cars worth counting. I bought Tesla at 70...the pain of owning that stock for several years was quickly forgotten once it rocketed. They were a month from going bankrupt less than 5 years ago. So much can change so quickly.Institutions have been projecting it to reach the mid $100 range in a few years.
Short term pain in holding I guess.