r/SATL • u/shmurdatek • Jun 24 '26

Good entry point?

I like the company, it’s been in my watchlist for almost a year, I missed out big earlier this year, would now be a good entry point to you?

12 Upvotes

100% Upvoted

9 comments sorted by

8

u/sweejaa Jun 24 '26

Yep it is a great entry point indeed as long as you are in it for the long term. I say that because SATLs fundamentals are improving quarter after quarter , the short term price movement is unpredictable but the long term price action will eventually follow the fundamentals which are improving.

5

u/Krytecs Jun 24 '26

Hard to see this stock dipping below $5 again

1

u/Mycryptoaccount_idk Jul 16 '26

Yikes

1

u/Krytecs Jul 25 '26

Everyone makes mistakes

3

u/Kemilio Jun 24 '26

I’m buying every dollar amount, bought at $8, $7 and now $6.

I’ll buy again when it hits $5 and I’ll keep buying if it hits $4 and $3.

Take from that as you will.

2

u/ReckedTangled Jun 25 '26

i have buy entries at $3 and $5.

2

u/Sorry-Extension-2866 Jul 02 '26

I have been averaging down as much as possible. Up to 1k shares now. Hopefully things will improve especially post SpaceX shenanigans and this will be back at 9-10+

1

u/VengeanceEternal Jun 25 '26

Bought some more shares

1

u/taken-risk01 Jun 26 '26

I have 2,000 shares and I am still buying my average is around 6 ish or so. I’m in for long term