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Dec 8, 2020 3:39 PM

Rivian Merger Rumors! Long

Description

I bought a starter position in this today on the rumors that IPOF will be merging with Rivian, the second most high profile EV company behind Tesla & part owned by Amazon. I understand that this may be completely bogus, but the risk in this is ultimately capped at about 80c as it will be redeemable in cash if nothing happens. Seems like a massively asymmetric risk / reward opportunity.
Comments
stoneview33
This is bogus. Rivian have apparently issued a statement strongly denying any connection to this.
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Ankel-ssj
IPOF will reach eventually that target even if it's not rivian lol geeeet in
theconcretefirm
I wouldnt be surprised if someone else snaps them up anyway
KevinEdwards111
Same looks good so does PSTH 👀🚀
ProfitHarvest
I took a small position, let’s see!
PropNotes
@ProfitHarvest, same. only a couple k shares but if this doubles or triples thats a good deal llol
financialSnail88674
thanks for the idea!
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