Aggie77
Official BDF member
Member Since: September 2004
Posts: 5,571
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Post by Aggie77 on Feb 15, 2024 14:51:32 GMT -5
I have seen more RIVIAN trucks and SUVs on the road recently. I may get back in when they are start delivering the Amazon delivery vans. I've been seeing the RIVIAN Amazon delivery vans in my area for a while...at least a year. Yep, according to a web search. "Amazon now has more than 10,000 Rivian vans on the road across 1,800 U.S. cities, and has delivered more than 260 million packages." That's good news, but is definitely not supported in the stock price, and I sure wish it had been!
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Post by aggie7983 on Feb 15, 2024 18:06:09 GMT -5
I've been seeing the RIVIAN Amazon delivery vans in my area for a while...at least a year. Yep, according to a web search. "Amazon now has more than 10,000 Rivian vans on the road across 1,800 U.S. cities, and has delivered more than 260 million packages." That's good news, but is definitely not supported in the stock price, and I sure wish it had been! It doesn't reflect in the stock price because the stock price really has nothing to do with reality. IMO, you can't buy and hold stocks today hoping that the stock price will increase based on news and sales. Today you have to buy the rumor and sell the news in most stocks. They are a few exceptions, but not many. Also, only invest in the top 5 stocks in any industry. Even with the top 5 stocks I would not hold these stocks for years.
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Post by aggie7983 on Apr 30, 2024 14:00:36 GMT -5
FYI - I have been in gern for about 4 years. The stock is up about 3 times since I first bought into it. They got a favorable ADCOM review in March and the FDA will be making a decision on or before 6/16 to approval or not to approval their NDA for imetelstat. If approved I expect the stock price to double from current levels. Recently TD Cowen initiated a buy rating with a $10 price target. I expect the company to get a buyout offer within the next 12 months. Let make some money and increase our collective donations. AGG E PRIDE!!!
PS - The ADCOM committee voted 12-2 to approve their New Drug Application.
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