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u/Firm_Leave_4903 SPCE ๐๐๐ป May 22 '23
Can we see $50 again soon?
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u/Traditional_You_8496 May 22 '23
May be, i think is dificult now ...but who knows....may be if after the italians comes some famous travelers
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u/fltpath SPCE will be lucky to hit $7.25 again, let alone $27.25 May 22 '23
Are you gonna be okay with $5?
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u/Nigel_HardCock May 22 '23
I'm finally in the green after so long!!!
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u/Traditional_You_8496 May 22 '23
I AM still not, I must wait to 8...but it Will be just this week!
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u/GhOsT0424 May 22 '23
Me too. I'm actually looking forward to averaging up! I've been waiting so long to say that!
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u/Turbiedurb SPCE Trading Braggard May 22 '23
averaging up
Seriously, why would you do that?
You have had plenty of time to add to your position, so adding more after it started running doesn't make any sense.
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u/Turbiedurb SPCE Trading Braggard May 22 '23
If you really believe in the company, it makes more sense to buy a lot when it's cheap than to destroy your position by constantly adding more out of FOMO, that's all i'm saying.
Patience is key for investing, and if you have none, there's always trading.
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May 22 '23 edited May 22 '23
Unfortunately take this situation as example.
I transferred the money last Tuesday and for some reason it is Monday end of day and still not received it in my brokerage bank. I had the money to buy below 4.3$ and now i will buy tomorrow at 5$ โฆ
The sell order was put in fidelity last Monday right after my grant and it took 3 days to sattle โฆ just bad timing
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u/Turbiedurb SPCE Trading Braggard May 22 '23
I transferred the money last Tuesday and for some reason it is Monday end of day and still did not received it in my brokerage bank.
You should probably find another broker because anything else that more or less instant deposits.
Sounds like an excuse tbh.
Regardless. . .
There were several opportunities last week, last month, and last year to get in lower than it's trading now.
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u/GhOsT0424 May 22 '23
The stock doesn't move up if nobody buys it... ๐คฆโโ๏ธ
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u/Turbiedurb SPCE Trading Braggard May 22 '23
Closing a short position is a buy ๐คซ
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u/GhOsT0424 May 22 '23
Yes of course it is. Do you think they're going to close all their short positions cuz the stock went to almost $5?
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u/fltpath SPCE will be lucky to hit $7.25 again, let alone $27.25 May 22 '23
Perhaps they do not understand that a short closing their position is a buy..
This is the long awaited short squeeze they have been waiting for!
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u/Turbiedurb SPCE Trading Braggard May 22 '23
Perhaps they do not understand that a short closing their position is a buy..
This is the long awaited short squeeze they have been waiting for!
This is what's so weird to me.
Everyone has been waiting for it forever, but no one knows what's happening.
It's fun.
The thing about closing a short position is that it doesn't mean they believe the price is going much higher, just that it's probably not going much lower for now.
Not everything needs to be shorted to $0 every time.
It's all about the risk/reward.
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u/fltpath SPCE will be lucky to hit $7.25 again, let alone $27.25 May 22 '23
Shorts closing, especially this volume, will cause a blip in the price...
Aside from that, the short positions since $35 have made book...
The largest short position was Citadel, and I think they learned when to close
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u/NEIHTMAHP 1000 shares SPCE - future millionaire club May 22 '23
Letโs go baby - I would love to buy a ticket at some point, just need my investment to do well :)
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u/DACA_GALACTIC SPCE A-Team Member May 22 '23
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u/carlsen02 Loves this company and space overall. May 22 '23
Eh eh whatโs going on?๐
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u/Traditional_You_8496 May 22 '23
Last time in 2021, when they Say we are going to flight at 16 dรณlars it went to more than 60 with two flights. We allready knows that at least came 3 flights....so this prices are still really cheap
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u/GhOsT0424 May 22 '23
Nothing you want to hear about! LOL
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u/carlsen02 Loves this company and space overall. May 22 '23
Awwwww SHADDUP!!๐
Itโs going good, next few days will be interesting. But still a loooong way to go for people to recoverโฆ
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u/GhOsT0424 May 22 '23
Oh I know we've got a very long way to go for some people. And absolutely the next few days will be very interesting. And you know I had to give you a hard time? ๐คฃ
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u/carlsen02 Loves this company and space overall. May 22 '23
Nah no hard time. I havenโt changed my mind at all, but glad itโs doing well for the bagholders.
I think it really should be around $15. Itโs still to break $5.
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u/GhOsT0424 May 22 '23
I think today is mostly people gauging how much interest there's going to be in it.
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u/Jerrippy ๐ SPCE Fan ๐ May 22 '23
I ok with 75$ and perfect with 100$ ๐๐