Attack me in the comments section just hear me out right: it's actually not about river, on uh rivion or whatever, whatever the company's name is actually called so first off. Congratulations for everyone, uh that is up on rivion stock right uh. It's been doing an absolute amazing job. I have nothing negative to say about the actual stock itself.

I just want you to know more about the statistic behind an ipo right review on stock recently ipo'd. Obviously it just had a 22 day. Yesterday was the day that it ipo'd it pushed up, pulled back pushed up, and when asking the question, can it continue to uptrend? Of course, let me share this statistic with you, and this is the only reason i'm making this video. This is for people that are just getting started for if you've traded enough.

You know i'm sure that you're aware that when there's an ipo, especially a lot of hype behind an ipo, it can cause the stock to. You know overreact, meaning that it can become overvalued and more often than not look up. This statistic: it's literally based off of every ipo, since i believe, like 1980. and on average, every ipo increases on average 16 the day of the ipo.

I think it's the day or the first week of the ipo, but on average within the first six months it increases only six percent. So how is it that a stock can gain on average within the first week 16, but on average within the sixth month? It is only up from its ipo price, six percent, and it's because it tends to correct itself, and not only did i want you to understand that statistic, but talk about recent ipos and and hyped up ipos as well. So let's go ahead and take a step back again, not about riverian stock right. If you want to hold it all power to you, i'm not here to convince you to to sell it.

All i want you to be aware is what tends to happen when a stock ipos and more often than not right so there's an ipo prize, it highs of 429 and then it's sold off for a good number of time. Right hit lows of 200. It begins to actually establish a support level and then from there moving forward, it's been making a steady recovery so, but even if you look at it from where it's at right now at 336 dollars, it's still not at where it was when it originally ipo'd. At 429., do the math right 429 down to 336., even from where we're at now from the original day of what is this uh january march april april, all the way to now november and we're still not making a full recovery based off of its ipo price Right and that's kind of the position that you're in if you're asking the question, should you get into a rivion stock right because you're not getting in on the ipo price you're getting in at a little bit of a higher price? So let's go ahead and use another uh.

You know. Example, this is lucid motors and lucid motors has been killing it the past couple of weeks. Right, i'm sure a lot of you guys have been paying attention. Lucid motors did things a little bit different? They did an ipo, they did a merger right and i think it was cciv if i'm not mistaken, that was their original ticker and then they transitioned with their merger um.

You know company now to lcid, but if you look at this on the year chart this thing right when it was during the merger it peaked at 60, nearly 65. It crashed down to 18 think about that emotional distress from 65 down to 20 and then now it's been making a steady recovery, but guess what it's still down 20 from its overall peak of when the you know, actual ipo actually ended up happening where it's currently At right now, i want to give you a very very bad example. Trust me i'm not comparing i'm not comparing your stock rivion to nicola. I just want to show you what did nicola do when it ipo'd again nicola was a merger.

It was an ev company. Just like lucid right, it peaked at 93. That's when its market cap was at 30 billion dollars. It surpassed the market cap valuation of ford and what happened ever since then, making lower highs and lower lows continuously bleeding and not being able to recover from where it was original at when all the hype and all the attention was there.

So all i'm trying to say is not only give you the statistic that on average ipos do not normally tend to do very well big picture based off of its short-term performance within the first week to two weeks. It's super relevant right now. I just want you to be aware of that. If some of you guys are watching this video and you're like well, you know obviously ricky it's over hyped up, believe it or not.

There are not beginner traders or there are beginner traders who do not understand this. They think that this stock is only going to continue to uptrend and rally when, in reality, most ipos end up correcting themselves once they tend to become a little bit less hyped up when they're less relevant and trust me. I love i mean i wanted to show you my favorite picture of ribbon stock right or the rivion truck. Look at this.

This thing has a freaking stove like. Why? Wouldn't you know i? I support this truck right, uh again just a little joke for you, but nonetheless i thought it would be important that you know i. I encourage you guys and root you guys on. I hope that river on stock continues and continues to rally.

I just thought it would be of use for some of you that are thinking of holding and or buying more at this level. I think it's important to understand your intention and if your intention is to invest long term more often than not, there's an overreaction. It's over hyped up right now, allow it to correct itself for it to meet its true value and then once it establishes that support level. You can make a more informed decision if it's an investment that you actually want to make at that specific price, and not at this.

You know in a sense, manipulated price when it's super relevant and super trendy. I've seen review on stock literally everywhere on every social platform, they're doing a great job marketing. Can it continue to go up? Of course it can hit highs of 130. It can hit highs of 140.

It can hit highs of 150.. All i know is that when a stock like this then begins to crash just like we saw with coinbase and just like, we saw with you, know uh what was it nicola when it begins to crash. It drops right and there's no question about that. So you know ride the rally when it makes sense understand your plan understand your intention as long as the direction is in your favor all power to you, but when this thing begins to pull on back, i just hope you end up not regretting, holding and or Not having a plan when, obviously it makes sense that it's over hyped up based off of current valuation and current, you know just direction, so i really do appreciate you guys time.

I hope that i earned your thumbs up in this video. Please consider subscribing and if you have any questions whatsoever, i hope that you know that you can simply ask those down in the comments section and i will do to the best of my ability and answering them. I really do appreciate you guys time. Like always, let's make sure that way in the year on green now, take it easy team.