It's my largest single stock by far. I am not selling for years (or if it triples in the near term i would sell up to half).  My risk tolerance/thesis was set years ago so I'm very set for the ride. It's been down huge twice this year.... (literally was around 40 a month ago?) There is no other stock I'm anywhere close to as confident in. I own small positions in POET, blacksky, RIVN, OPEN, BETR, SANA.  Combined they are approx 10% of my RKLB. If you decide to enter I'd do 1/3 now, 1/3 pre neutron and 1/3 if neutron fails on first launch. This is not professional advice and there are no guarantees. 

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That’s about how much I made in total, on RIVN but you had to risk a lot more ;) My port made $12.5k today. Up about 5%. Didn’t make a single trade today.

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Everyone is buying RIVN at 52week high? I was buying at $11 and if I had posted about it y’all would have laughed at me. https://imgur.com/a/EuV9Uls

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Why not take some profit and derisk? Yes, you’re a regard if you just hold onto everything with as choppy as this market has been. Don’t be me and have RIVN at $13 add to it at $16 bringing your cost basis to $15 and not sell any as it peaks at $17 the first time and let it come all the way back to your basis. If it continues to go you’ll be glad you still have shares, if it comes back you’ll be glad you sold some.

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Honestly, diversity is for your 401k. You want a concentrated portfolio. Anything more than ten stocks and you'll mirror the S and P at best. My personal limit is 33% by weight. Then I'll start trimming. Jokes aside, I'm eying JOBY and RIVN.

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Typed as a RIVN pulled up to bring me my kids scooter for Xmas

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Not true. These two trade completely differently. Completely different animals. What you have with RIVN lately is shorts letting up and institutions / bigger players going long. Legit buying. Regards like OP and me who bought while in the tank and held are right today. I’m continuing holding. I think RIVN may actually turn out to be what TSLA always said they were going to do with the autonomy stuff, and they’re going to license it. Also the new model at a reasonable price range is highly anticipated. I will see many driving around my suburban neighborhood soon enough.

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RIVN gotta be the next big play, right?

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RIVN going full retard strength. Holding my March calls to expiry at this point cuz strike is $15

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You sir have no idea what you are talking about. RIVN is way past all the bad news and is approaching an inflection point with the rollout of R2, much cheaper EV for the mass market. This is their "Model Y" moment. Coupled with their in-house AI / Autonomy capability, the street is going to start re-rate RIVN's price target upward. It is not a car company, but a tech company, think of it as a AI / Robotic + software company. TLDR - the bottom was in when RIVN was trading in the low $10s, and this is just the beginning of a massive multi-year bull run.

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