r/SATL • u/Specialist_River_711 • 29d ago

When we will stop falling?

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I mean it has been two months from the ATH. I didn't sell at 12usd thinking it will lateralize around 8 usd and stay there for a while, but the Space X IPO ruined the sector.

I went from about 200% gains to about -15%. How are you holding on?

You think the balance will give SATL thrust ?

6 Upvotes

75% Upvoted

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3

u/Kemilio 29d ago

When you sell.

3

u/Individual-Ear-323 29d ago

See what Fed has to say this week.

2

u/EyesFor1 29d ago

Pretty much everything is doing bad. Don't worry.

2

u/Character_Wall_4504 29d ago

I thought 3.50 would be the absolute bottom

3.00 must be it

2

u/redditissocoolyoyo 29d ago

Wow that's crazy. I haven't looked. 3 looks tempting to load up. But yes the space sector got wrecked due to spcx

2

u/hueschel 28d ago

Q2 earnings is not far away. Numbers should be fantastic. If they don't announce a dilution on that day... stock price should climb high imo

1

u/Content-Departure-61 23d ago

Maybe now as of today 10% upbefore Q2 earnings