Thoughts on Current SpaceX Pullback

[RSL]

Aug 6 will tell a lot.

 

[Altitude sickness]

It’s not final the bottom.

 

[SGW]

I did not buy any shares but if i did I would not worry about it for another 10 years! What’s Crazy is when you see stocks that go up 500% in 3 years, I bet the whole time up being are thinking that’s the top and sell. How many folks actually hold it and keep buying the dips? If you believe in space ex and believe it’s an awesome stock you should be buying weekly. Right now you should be thinking it’s on sell.

 

[wesheltonj]

Some of you are missing the cell phone service play of Starlink.

 

[Rare Breed]

I can’t remember if it was Friday or Monday but I was able to buy SPCX for 123.50. The lowest I saw it was 119 something.

Fun post and respect all replies. To me two things come to mind: 1. Think of all the “new” companies at the cutting edge of technology…many started with a bang, declined then took off. 2. Look at Apple as a great example , started off big, then Steve Jobs ousted as they brought in experienced managers, declined big time, Jobs comes back leading incredible innovation resulting in one of the worlds greatest stories. I see it as an awesome long term growth stock. If you’re looking for a quick dollar stay out. Buy it and forget it

 

[Rare Breed]

I did not buy any shares but if i did I would not worry about it for another 10 years! What’s Crazy is when you see stocks that go up 500% in 3 years, I bet the whole time up being are thinking that’s the top and sell. How many folks actually hold it and keep buying the dips? If you believe in space ex and believe it’s an awesome stock you should be buying weekly. Right now you should be thinking it’s on sell.

Joe Kennedy said it well “only a fool sells at the top of the market.” Meaning don’t try to play the stock timing game