First they shorted TSLA and got burned, now it’s SPCX. Some will never learn. Never doubt Elon.
>cult of personalitythe 20th century called, geezer
tsla has been a great short for most of this year though
>>537164035Lmfao. It’s up over $200 per share after hours. Redditors shorting SpaceX are seriously fucked
>>537164035Markets can remain irrational a lot longer than you and I can remain solvent.
>>537164035Zoom out, sweetie
>>537164035imagine being so delusional that you think that a handful of trannies from reddit can manipulate the shares of a $2 trillion company
>>537165059>laughs in GMEwagmi
>>537164808I just got qqq instead for the added eventual exposure but im too conservative to invest directly, that said fun to watch reddit roaches get burned
If anything it will keep going up for the next month almost out of spite that it wasn’t able to be an auto buy for 401ks next week. Not sure if it’ll keep the momentum till next year.
>>537164035>theyThat is the faggiest goddamn sub, full of retarded brown zoomers and old foid trannies posting gay shit all day.
Buddy just needs to relax and leave his position open. It will go down soon enough... Elon can't be le trillionaire forever...
>>537165992>Just feed a 200% margin requirementlol
>>537164035I feel like everyone reads about the market but has to learn the hard way that the market is completely irrational and everything they've "learned" is bullshit.
>>537164035SPACEX MAN BAD!TAKE THAT MAGATS -ACK
>>537167728It's not "irrational", it's completely corrupt and infected with insider tradings. But then again most forms of investing are that.
>>537168211TSLA and SPCX are supported by pure hype not any sort of rational logic or fundamental values. They're very similar to crypto in that way.
>>537164035"TIMMMMMMMMMMY!"
>>537168313>supported by pure hype not any sort of rational logicSounds like Socialism, Feminism, Communism, Religion, LGBT, etc. yo!
>>537168423
>>537164035>schizo babbleThe real point here is you don't fucking gamble during price discovery unless you're an insider.
>>537168789>Automotive companyIt's now valued as an AI company.
>>537168313Markets are grotesquely manipulated. Elon protects the shares of his companies by chasing out and blowing up the short manipulation campaigns. It’s partially why his shares command the premium they do. They don’t have the usual bullshit present.
>>537164035shorting is almost never an actually intelligent move>bbut sometimes you maek moneys on it!!11risk is much higher and optionality is reduced vis a vis picking stocks you actually believe in.
>>537168970Yeah which is retarded cause there is no evidence that there is gonna be a first mover advantage leading to some kind of pseudo monopoly in fully autonomous vehicles. Whatever Tesla does the other auto makers are just gonna catch up on in 5 years at most. That doesn't justify a 30x market cap, unless you just assume that Tesla will be at the forefront of whatever economy changing tech comes next, which is pure speculation and contrary to how technological advancement has taken place in the free market for the last 100 years. I'm not even an Elon hater and in fact it's pretty amazing how he has been able to keep the hype train going with Tesla for so long. He's so good at it that I wouldn't advice anyone to short Tesla cause you just don't know how long this can go on for even if the fundamentals are screaming that this is a massively over valued stock.
>>537164035>shorting an IPO this earlyThey aren't going to let it drop until the insiders can legally dump their shares.
>>537169484Most IPO's have like a 2 year correction before rising again(if they have something good worth selling). Space X has gov contracts, potential mining contracts on the moon for helium 3 which could be used for fusion, moon telescope/base, mars base/telescope, and most importantly meteorite mining. All of this is setting up for a liandri style company that only needs a death match to push them to the moon in pricing.
>>537169929They can do literally none of that. The technology doesn't even exist. Also, while they're focused on irrelevant shit like space, the economy and monetary systems are deteriorating.This shit is nothing but a pump & dump leaving retail as bag holders.
>>537170422how is space x supposed to save those 2 things???
the market has proven that it's manipulated by money for at least the past 10 years. it doesn't make sense and it's all a scam. trump tweeting right after trading should have given the game away.
>>537164035lmao the comments on that are so hilarious>YOU FUCKING IDIOT, WE TOLD YOU THIS WOULD HAPPENMeanwhile if you check the original thread it's full of people saying it's gonna drop to $0 and Elon will run with the bag in the next day.
Next government is going to be democrat and they are going to comprehensively fuck musk for messing with twitter
>>537171177They actually shorted Tesla multiple times and then pretend that WSB always supported it. Then lie and say the economy was the worst ever under Trumps first term. lol nothing but losses from these people. They also pumped and dumped SPCE thinking it is more viable of a company than SPCX in spite of the fact that spacex is littearly 80% of the payloads going in orbit.
>>537171238>lol nothing but losses from these people.What I don't understand is how do they keep getting money to make such terrible decisions? Are they putting all their extra finances from working into losing money in the stock market?
>>537165735Crash after first earnings report for sure
>>537171321Well some of them have an actual portfolio so its gambling for them with set limits. Hence why the loss porn being posted in the 100's of thousands. But lower than that say 30k and less you see people put their life savings on a gamble or dumping a port they worked for multiple years to build on some dumb options. The worst of them use Margins aka loans to gamble on options. Ain't no winning or saving these people, nothing will teach these responsibility or hit them across the head for lack of education.
>>537164035QRD for nonvestors?
>>537171598Some people bought a bunch of Elon stock and planned to quickly sell it with the intent of creating a butterfly effect that causes everyone else to sell it so they can crash the stock, and make a profit. But because these people were dumb, they made bad moves, and now they have lost bigly.
I hope Musk buys Reddit.
>>537164035for all you niggerlovers out there1. If you bought shares in the IPO (Public Market)If you acquired shares during the SpaceX Initial Public Offering, you are generally free to sell them at any time once secondary trading begins. However, your broker may impose "anti-flipping" penalties (restricting you from participating in future IPOs) if you sell too quickly: Fidelity: You must hold for at least 15 days. SoFi: You must hold for at least 120 days. E*Trade: You must hold for at least 30 days. Charles Schwab: Does not have standing anti-flipping penalties, but has high account minimums. 2. If you are an Insider or Early Investor (Lockup Rules)If you are an employee or an early investor with restricted shares, you cannot sell your entire stake at once. SpaceX utilizes a tiered, non-traditional lockup schedule: Earnings Milestones: You can sell up to 20% of your restricted shares after the first earnings report (with an extra 10% permitted if the stock trades 30% above the IPO price). Time Milestones: An additional 7% unlocks at 70, 90, 105, 120, and 135 days post-IPO. Post-Second Earnings: Another 28% unlocks. 180-Day Expiration: All remaining lockups expire and you may sell freely.
>OMG>I BROWSE REDDIT 24/7>I'M NOT AS CRINGE AS THEM!>I PROMISE I DON'T ALSO SUCK COCK!!!
>>537169325Well I’m not a daytrader anymore but I know this one guy who exclusively shorts Tesla and appears to do well. I’m not sure why that is his favorite stock to short, maybe because it has so many retail traders and dumb money?
>>537169929Read your own post and tell me it isn’t full of copes. Absolutely delusional.
>>537171789They 'shorted' it, which means they sold stock they don't have and are required to buy it back by a certain date. Since it went up in price they lost money. You obviously have to have an account with funds in it to be allowed to do this.
>>537171359For sure, for sure, for sure.
>>537170422>This shit is nothing but a pump & dump leaving retail as bag holdersOr as jews call it, "Monday."
Shorting at this point is very stupid. The stock has still a long way to go before it crashes eventually.
>>537172265this
>giving a trillionaire even more moneyWhy?
>>537172265Easily 1000 before it starts to dip again.
>>537164035Look the powers that be are seriously trying to create what they call megacaps with spaceX, anthropic and openAI. Why are these morons even trying to bet against this. NASDAQ will sooner suspend trading then let the price fall
>>537164035Will this stupid stock crash and burn and take all indexed funds with it, causing massive losses everywhere? Yes. Do I know enough about stocks to be able to correctly short it and make money from its loss? No. I guess I'm not smart enough to be a redditor.
>>537168919indeed. I laugh when the normie sphere goes all fin expert. IPOs are used by wall street for maximum extraction. and they keep it to themselves
>>537164808It's so predictable that SPCX will moon every day for at least a few weeks
what would happen if elon got all that money in real life and burned it? like serious question here
>>5371751005% deflation. The fed would probably "print" another trillion to compensate.
>>537164035whats the point in buying spcx? I thought wall st wants a cheap stock that they can buy to infinity like they have done for all the ram corps or nvidia not a stock thats already valued high that can only grow x2 or x3.
>>537164035They are so fucking retarded if they didn't understand that it's all a massive pump and dump to get the index funds to buy at the highest. They will be forced to buy in two weeks, that's when the private investors will cash in and leave the pension funds and pro musk miggers holding the bag.
>>537164035>Elon>ElonHe's my billionaire friend and I suck his dick!
>>537164035Funny, considering they'd make money shorting the Japanese yen right now.Reddit as always stays retarded.
>>537164035>First they shorted TSLA and got burned, now it’s SPCX. Some will never learn. Never doubt Elon.The market can stay irrational longer than you can stay solvent.Simple as.The valuation for SPCX is retarded, but so is the valuation for OpenAI (privately owned but valued at 900 billion or more.. while having a shit LLM and no profits).The pumping will also be fueled by passive funds after they rigged the Nasdaq100 (IIRC) to allow SPCX in despite not passing the basic requirements like free float and so on.This means half as many SPCX shares are traded as for normal stonks, meaning the price will move more violently when big players enter (like 401Ks).It will come crashing down eventually, but probably not during this hype cycle.So probably best strategy would be to buy and hodl for a week or two, then sell off.
