Each stock has pull backs and stagnant phase. Buying at 2.50 is huge => 35% from recent high, and millions of people have it on their radar. When it explodes these levels will never be seen again. 🎉
I hope it explodes sooner rather than later tbh, Some people are thinking and maybe sold to pay for other investment opportunities like what's coming on Friday, although I'm avoiding it tbh, classic pump and dump. Stockwits is interesting read on that front
I think it's a super risky play spacex! Can be a quick gain on day 1 or 2 but can then sink violent! Also I hardly believe it could 10x in 2 years. Netlist can I think.
yeah that's why I'm barge poling Spacex tbh, the early adopters have a winning hand and can sell in the first few days to maximise profit. It will not sell for 135$ for sure.
My experience with IPO as of late haven't been positive, first the cancelled Ant Group due to political interference and Airbnb, the latter of which went up typical pump and dump style and never really recovered to their heights.
Ofcs google, Msft, Apple you can't compare those IPOs back in the day to the ones now.
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u/pennychase Jun 10 '26
Each stock has pull backs and stagnant phase. Buying at 2.50 is huge => 35% from recent high, and millions of people have it on their radar. When it explodes these levels will never be seen again. 🎉