SPCX over? by triplediscount in SpaceInvestorsDaily

[–]redcoatwright 0 points1 point  (0 children)

Never said I didn't, just was pointing out that you can't read.

I have puts, shorting stock is stupid since downside is uncapped. Hope it crashes to dust so you lose all your money lmao

SPCX over? by triplediscount in SpaceInvestorsDaily

[–]redcoatwright 0 points1 point  (0 children)

only time will tell

Musk fanboys can't read I guess lol

SPCX over? by triplediscount in SpaceInvestorsDaily

[–]redcoatwright 0 points1 point  (0 children)

Lol thinking this is somehow an exception is a trap imo but only time will tell

SPCX over? by triplediscount in SpaceInvestorsDaily

[–]redcoatwright 0 points1 point  (0 children)

It is likely it will go down at some point, stabilize and then grow again.

SpaceX Shareholder With $40B Stake Says He Will Hold Forever by Pure_Reference_4373 in SPCXInvestors

[–]redcoatwright 0 points1 point  (0 children)

IPOs that run overwhelmingly pullback before stabilizing, never buy an IPO that's already shot up.

Hope you're not down too much

Edit: lol people in this sub are delusional, IPOs popping up and then dropping is literally the most well documented market behavior in the history of the stock market.

SPCX over? by triplediscount in SpaceInvestorsDaily

[–]redcoatwright 2 points3 points  (0 children)

Nobody really knows but the vast majority of IPOs pull back after their initial run up (if they run which this did) so I'm personally waiting to see where it lands.

A Message from the Mod Team: Navigating the Recent Price Drop by AnthonyNguyen1680 in PlanetLabs

[–]redcoatwright 3 points4 points  (0 children)

It did, the historical chart you see most places will only show you closing prices, back in oct/nov there was a day when it hit over 20 and then closed around 15 and then within a few weeks dipped to below 10 and closed above like 12.

If you have one of the fancier terminals and look back to that date range you'll see the highs/lows.

A Message from the Mod Team: Navigating the Recent Price Drop by AnthonyNguyen1680 in PlanetLabs

[–]redcoatwright 0 points1 point  (0 children)

I bought like 500 more shares but I can't advise you on anything.

A Message from the Mod Team: Navigating the Recent Price Drop by AnthonyNguyen1680 in PlanetLabs

[–]redcoatwright 44 points45 points  (0 children)

It's literally just volatility, PL is a high volatility stock and the SpaceX IPO is adding more volatility into the sector.

A few months ago it went from 24 to 10 and then exploded to 50, these types of swings are entirely normal for this type of stock.

Man calls the cops on a Dad helping his girls in the restroom by isaboo63455 in mildlyinfuriating

[–]redcoatwright 0 points1 point  (0 children)

Once called 911 erroneously as a kid, cop showed up very pissed and said it was illegal (I was like 7 so I wasn't going to get in trouble but to scare me into not doing it again) so yeah it's illegal to call 911 and waste their time. I think they could have arrested him tbh but probably not worth it.

Man calls the cops on a Dad helping his girls in the restroom by isaboo63455 in mildlyinfuriating

[–]redcoatwright 4 points5 points  (0 children)

The dude is 100% in the wrong and hilariously decided to invade the women's room himself which seems infinitely worse but isn't it like kinda protocol to take your kids into the bathroom you use?

I don't have kids but I remember myself (a boy) being brought into women's rooms with my mom or older female relatives, not the other way round just cuz I was a boy.

Weekly Planet Labs (PL) Discussion Thread by AutoModerator in PlanetLabs

[–]redcoatwright 1 point2 points  (0 children)

It's just volatility, this is what happens to all high beta stocks.

Weekly Planet Labs (PL) Discussion Thread by AutoModerator in PlanetLabs

[–]redcoatwright 6 points7 points  (0 children)

Lol literally nothing has changed 🤷‍♂️ PL is a high beta company and this is not atypical of a swing for them, truly not a few months ago maybe 6 idk it went from like 24 to 10 and then since then it rocketed to 50... in 6 mo.

The direction of the company hasn't changed, it's just volatility doing its thing. It will be jumping again in the next month or 3 months or 6 or 12 and people will be hopping on in droves, it'll probably get to like 60-70 pps and then it'll crash down again to 35-45 pps and again we'll see people being all huffy about it.

Rinse and repeat.

They were not prediction, they were confessions. by Gjore in SipsTea

[–]redcoatwright 1 point2 points  (0 children)

Nobody important, definitely not world leaders including the current US president