Stock is headed to 30 by the end of summer. Blackrock CEO says you have to force change and they are a huge mover. So.. Watch or participate, either way you can’t change a thing. This is all part of circle the wagons and protect the family.
My RIVN options are up over 400%. i have a string of them going out to September and will be closing them periodically.
I agree the stock is ultimately headed higher... It was a good buy in the teens. Not sure about your time frame for $30 this summer but it’s possible. It seems likely that at some point if they don’t slow the cash burn rate they are going to have to raise more capital. That could cause some friction on the upward momentum of the stock price. But it could break $30 or even higher before that happens if they start bringing in more free cash flow.