Talking stocks, trading, and investing in general

[venividivicibj]

Rivian stock under $10... even if they do terribly, they're going to get bought by an OEM, no?

 

[jbarwick]

Why not just buy it out of BK then instead of paying market price or higher?

 

[UnFacconable]

Rivian stock under $10... even if they do terribly, they're going to get bought by an OEM, no?

Rivian's market cap is still $9B. There are only a handful of potential acquirers and when you look at their market caps, very few would pay that much, let alone significantly more.

Assuming that market cap info is correct, here's who I have as remotely potential acquirers:
1. Stellantis - ~$80B
2. Honda - $60B
3. GM - ~$50B
4. Ford - ~$50B

Even among those, GM now is heavily invested in whatever "Ultium" is and Ford has an operating history with EVs.

As a lay person, I think Stellantis has the most to gain and would by far make the most sense as an acquirer but I can't see them paying $10B, let alone well north of that. The real question is whether Rivian's IP is actually that meaningful or if it's just a "brand."

It's also possible that BYD, Tata or some other foreign business I'm unfamiliar with buys Rivian, as they have been the ones most likely to buy small struggling brands, but that seems more remote to me at this point.

I don't think Rivian is going out of business at this point but I don't see the risk-reward behind their stock right now. If they crush it for the next 5 years a sane valuation might be $25B+. The downside is obvious if they don't.

 

[beargonefishing]

I'm starting to see a lot of rivians in the road in these here parts, and I think they look pretty good.

 

[venividivicibj]

 

[Omega Male]

The newer generation isn’t much sharper.

 

[Veremund]

The newer generation isn’t much sharper.

C'mon man! Thats what DuckDuckGo is for!

 

[Texasmade]

Giving stock advice to my friend on how to make money! He owns 800 shares of this.

 

[HRoi]

I like how the message was ‘delivered quietly’. Very considerate.

I finally bought into BRK B after debating for 18 years

 

[Texasmade]

I like how the message was ‘delivered quietly’. Very considerate.

I finally bought into BRK B after debating for 18 years

That's because my friend has his notifications silenced.

 

[brokencycle]

That's because my friend has his notifications silenced.

That's really creepy that your phone knows that.

 

[Texasmade]

That's really creepy that your phone knows that.

iphones can do that. I've seen this with several friends that have their phones on silence.

 

[dawei94]

Does anyone know the cheapest and best way for an American to invest in individual stocks that are listed on overseas stock markets and do not have an American ADR? I've been looking at a number of interesting European stocks listed in a variety of markets (UK, France, Germany, Switzerland, Netherlands, Sweden). It looks like Schwab and Fidelity charge fairly high fixed fees (for Schwab, 9 GBP for the UK, 19 EUR for the Euro markets, and they don't do Sweden or Switzerland). Interactive Brokers seems to charge a 0.05% commission, which could be more or less than the fixed fees depending on the size of the trade (but for me, probably less), so that's one option, but curious if anyone has a better solution?

 

[gettoasty]

Anyone have “creative way” to avoid underpayment of taxes? It certainly is a shocker to see high 5 figures in taxes owed still after the fact.

MFJ—37% federal marginal tax bracket. 99% of that income is W-2. 401k, HSA, etc. already maxed. And only standard deduction.

One way is just increasing withholding per paycheck. Separately, pay estimated taxes. IRS safe harbor rule of 1.1x prior year taxes owed can help with that calculation.

Anything else?

 

[Texasmade]

Anyone have “creative way” to avoid underpayment of taxes? It certainly is a shocker to see high 5 figures in taxes owed still after the fact.

MFJ—37% federal marginal tax bracket. 99% of that income is W-2. 401k, HSA, etc. already maxed. And only standard deduction.

One way is just increasing withholding per paycheck. Separately, pay estimated taxes. IRS safe harbor rule of 1.1x prior year taxes owed can help with that calculation.

Anything else?

Make less money.