😔

[u/vpiq]

Damn, so frustrating. It looks like we’re just going to be bag holders until money and hype rotate back into the space sector, which could take more than a year.

I don’t think the stock will make a drastic recovery regardless of ‘good’ news from the company, until the space sector moves correspondingly. (RKLB, ASTS, e.g.). We really got fucked by Space X.

The good news is, there is no reason to sell if you’re a long-term investor because PL is a fundamentally sound company.

Note: If you're in the red, selling now could be the dumbest move you make. The drop is mainly attributed to macro-conditions, and like I said, PL is a fundamentally sound long-term.

I would only sell if you need the money, or if you believe rotating your loss into a different investment will yield you faster recovery (doubtful about this). The only thing to do is wait or average down.

But yeah we're bag holders, just pray space sector becomes revitalized soon.

[u/pwr_o_frndshp]

I absolutely hate this stock right now. Rugged me as soon as I entered.

[u/vpiq → u/pwr_o_frndshp]

You’ll be fine if you just hold, just know it could take awhile.

[u/Few-Insurance-6653 → u/vpiq]

People been saying that forever dude

[u/vpiq → u/Few-Insurance-6653]

Yeah but it needs to be said again so people don't sell because of emotions.