- This topic has 22 replies, 5 voices, and was last updated 2 weeks, 3 days ago by
.
-
-
Hey Java, some good points in your post. First of all, I’m in on SpaceX. Got in at the wrong time but I plan to hang in there for a while. The stock will be a winner just gotta be patient . If the rumors of a merger with TSLA come to fruition we can be in for a nice run. I don’t have a lot in there but I started slow with TSLA too and it turned into a lot of money.
A lot of investment choices is right, first of all, the Magnificent 7 stocks are all cheap right now. They are all signaling BUY right now. Look at the chart. I have been buying steadily. Magnificent Seven are Nvidia (NVDA), Microsoft (MSFT), Alphabet, Amazon (AMZN), Meta Platforms (META), Apple (AAPL), and Tesla (TSLA).Lastly, HAHAHAHA. The April stupid Liberation Day market collapse ripped the mask off a lot of posters on the board. Their blind support of Dear Leader was revealing. After the collapse and paraphrasing:
Old Hickory “ Trump doesn’t care about stock investors, he cares about regular people”.Augie “ Most Americans don’t invest in stocks anyway”
Pasabeta ( in a retard voice) “MAGA! Manufacturing jobs are coming back”
Art V -deathly silence. He knew it was a mistake.
GS- “ HAHAHAHAH EAT MERDE! I only invest in 1.99% yield muni bonds and CD’s and as a Warren Buffet disciple, GOOOOLLLLDDD.”
It was at that point we knew who on the board invested and who didn’t, who understood, who among us were independent thinkers and who were sheep. Who was a visionary and who was a blind fool.
You, RCW and myself were public in saying that we were moving forward. We posted our investment moves and didn’t shrink in the face of adversity. We reiterated our faith in the financial markets despite the assault. We were right and we stacked racks. The meek shall inherit the earth but until then it belongs to us, the lions of Mapogo. We feasted on the weak as they hesitated.
Boom muthafawkers.
-
The selling in Space X has come on low volume. You are seeing shares moving from the weak shareholders into the hands of stronger ones. Trading at $152 while typing this post, so the big question, is most of the selling exhausted and the stock building a base at the 150 level or will there be another leg down? We will find out soon. 30% pullbacks in stocks especially in the technology industry isn’t a big surprise.
Remember when FB (Meta) went public at $36 and sold off in the coming days to $18 a plunge of 50%. IPO buyers were sick saying the stock now has to double just to get back to even. Patience was rewarded it went on to reach an all time high of $700.
I’m bullish on Space X, bought the IPO and purchased more shares in the secondary market. I don’t expect to get rewarded until at least the 3rd year when the company starts posting positive earnings.
-
-
-
Picture, if you will, that this board is your only form of human contact outside of people flipping you off on the freeway or laughing at your bitch fit over a straw in the McDonalds drive thru. Between science and superstition it lies between the pit of a man’s lonliness and the summit of his stupidity. This is the dimension of imagination. It is an area which we call… “The Opportunity Zone.”
-
-
Space x went public with 638 million shares
on Thursday the lock up period ends. I forget if it was 6 weeks or 90 days. Either way. August 6.
at that point shareholders locked in can sell their shares. I’m not sure if it’s all of them or this is just another segment. Either way it’s another billion. Shares. Doesn’t mean people will actually put them on the market but I suppose potentially they could. Diluting supply.
it’s back up to $119 so we will see what effect that saturation has.
-
- You must be logged in to reply to this topic.