Was the Rivian (RIVN) IPO a Sign of a Coming Correction?

Dr. Kent Moors warns of the dangers ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  November 15, 2021  "Rivian is the latest example of a hyped stock that generates investor interest without any accompanying justification from the bottom line. And it will not provide any such solace for some time to come. The company faces support, distribution, and infrastructure problems it has not yet even begun to address. It also faces an uncertain reception on the demand side." Even the world's richest man, Elon Musk, stood up and took notice. (At least he tweeted about it, and his tweets cause almost as much chaos as did former president Donald Trump's.) The blockbuster IPO of electric vehicle company Rivian (RIVN) was sold as a way for ordinary investors to cash in on the next big thing... But Dr. Moors doesn't think RIVN's substance meets the spectacle. And he warns that there are deeper signs an upcoming market correction might not be far away. "What the mania does signal is a market that is becoming overvalued across the board, providing less prospect for what investors have expected in the way of significant return. Traditionally, this is the environment in which such hype will resonate." "This has been a victory of IPO form over substance. The only beneficiaries at this point have been the underwriters. The likes of Morgan Stanley, Goldman Sachs, and JP Morgan Chase, along with almost 20 other smaller bank players, pocketed over $173 million in fees for the largest US exchange placement since 2014." "Meanwhile, the average American investor is looking at a stock that will not have any sort of sustainable value for some time. Even then, that assumes all goes as the company hopes."  [DON'T GET CAUGHT IN THE HYPE]( [Dr. Moors Just Delivered a 278.38% Win on a COIN Option in Only 8 DAYS!These are the gains being made right now... and they can be yours too.]( this link here to find out how](   Copyright © 2021 Rogue Investing. All Rights Reserved. This email is a paid advertisement. It is for a product or service that is not offered, recommended or endorsed by RogueInvesting.com and neither the company nor its affiliates bear responsibility or control over the content of the advertisement and the product or service offered. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. RogueInvesting.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for any trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. By downloading this book your information may be shared with our educational partners. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of RogueInvesting.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.  Sent to: {EMAIL} [Unsubscribe]( Rogue Investing, 495 Town Plaza Ave, Ponte Vedra, Florida 32081, United States