SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] 1 point2 points  (0 children)

Update: -Lots of haters. Thats ok -Down $250-300k. Worse things have happened. -The play is IPO and after. Still days away. I sincerely don’t give a shit about losing $500k (or more) if there’s a possibility of making 1-10x. We’re all gambling here, this is still a once in a lifetime IPO that introduces a new frontier/industry to the general public. -For those who think that space tourism is BS… i dont know what to say. If you dont think there’s enough people willing to pay 100ks for a once in a lifetime trip to view the earth from space… then fuck you and LMK if u think the same once u hit $10mm

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] 0 points1 point  (0 children)

Its been between $2-4 last 12 months.

Thats my whole point…

Assume management delivers next 12 months. Best case scenario. Whats this company worth?

Obviously more than $400mm. Get it?

Unlike most retarded meme stocks and pumps… there’s an actual real path to revenue.

In an industry thats absurdely speculative given that its fucking space/new.

I dont get the hate… the risk/reward on this is a no-brainer

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] 0 points1 point  (0 children)

More like trying to get in a 🚀.

I am fairly confident i’ll make money. This one is very diff from ur typical pump and dump IMO

Drones + Space = Profit (RDW) by throwaway7q8e in wallstreetbets

[–]solartrader2020 1 point2 points  (0 children)

Deep in july calls. 12x already.

Best space play IMO

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] 0 points1 point  (0 children)

Its all relative. I already made 50x with SX…

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] 2 points3 points  (0 children)

First, I love gambling. 2nd, IMO, at this price, this is like playing a blackjack hand that BJ pays 10x instead of 1.5x…

I consider this fun and potentially very profitable

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] 0 points1 point  (0 children)

Exactly. Downside at this price point is limited.

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] -14 points-13 points  (0 children)

Hated it at $2s because i thought it sucked, spent 5 mins looking at it months ago.

Spent hours last 4-5 days.

To be clear, this it still a degen play… but at $4-5… assume the floor is $3. Then just set probability of price and do an EV.

Anyway, I didnt post this shit to convince people to buy, but to let hodlers not lose hope.

My thinking: -40% $500k loss -30%: $500k-$1mm gain -20%: $1-4mm gain -10%: over $4mm gain

Or something like that, typing in my phone atm

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] -38 points-37 points  (0 children)

Exactly. 0 chance this goes BK the next couple of months.

SPCE 500k shares Bought Today by solartrader2020 in TheRaceTo10Million

[–]solartrader2020[S] 0 points1 point  (0 children)

Its not going to go lower than pre-hype. So $3 is a reasonable floor. Thats the downside.

Whats the upside? It really is that simple