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News On Rivian

Rivian needs money again. The stock dropped on the opening today, a tuesday, then stabilized and then dropped again towards the closing. A drop of 18% in one day is pretty crazy and the timing happened after previous snippets of good news. Managament is well aware of the importance good news just prior to the announcement of these type of share offerings. What good news? Well last week Rivian raised delivery projections for this year after its second quarter numbers exceeded expectations. They also recently came out with a new R2 model , an all-electric SUV with a lower price tag. Last year Rivian lost $432 million dollars on 42,277 vehicle deliveries or $10,200 per vehicle. A new question. Why even try to outsmart what's going to happen next? In a way it was kind of sneaky for management to flood the market with additional shares when the stock was trading on an upward blip. Also consider this. Offering new shares in some ways is a sign of weakness. What happened the next day, ...
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Will Fisker Survive?

Maybe. They have whimical t.v. commercials. I want one, but why they make claims to using recylicable materials in their vehicles is something I don't totally understand. Here is it's 5 year, 30 day and 5 day chart.
Image buying near the top and then averaging down? What a mess for existing shareholders. So what is happening now? Auto Trader in Canada has two used one's for sale. If the company goes under will replacement parts be available?
Fisker now needs more $$$$ to survive. Is the next step finding a partner and / or issuing more shares? Their product lines are strikingly beautiful and their name does have some brand recognition.Yet there is a big probem.
A loss last year of $762 million. That's a crazy big chunk of money. How did they get themselves in such a big mess? Now with the added bad publicity of potentially going bankrupt the path forward is even that much more difficult. .
Miracles have happened. Look at how Canoo, another struggling E.V. maker regained some ground this week.
Now this. Fisker Call options. They are pretty stupid to be looking at given that a drastic reverse stock split is probably imminent. Look at what happened to Faraday Future Intelligent Electric Inc.
A one week pop the $.30 cent level would make these options double. (You can't go any further out that September Calls). Might Fisker rebound to $.30 cents per share? It was there only a few days ago. Guess what? It's not worth the risk. So what even if it does. The real money was made in shorting it months ago. Stick to Caterpillar Calls and Puts. Caterpillar is not going to go away anytime soon. ** A March 18th 9:28 a.m. update.
Now this.
A March 26th update.
An April 12th update.
The short sellers win.

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