You shouldn't identity yourself based on groups. You are an individual, wholly unique and not meant to be bound by the opinions of others merely for belonging.
@royermattw@Toddsmi89574624 remind me what was the AVERAGE price of gas across the entire nation 4 years ago.
Please. Do. Not the price in Commiefornia, the entire nation. Oh yeah... it was $2 per gallon higher than it is now.
I think the sudden drop in the stock market could be from people liquidating assets to be able to buy into $SPCX
but also... JEESUS MY PORTFOLIO holy crap its red across the freaking board!!!
@ValueInIdeas the long term potential or SpaceX will always beat the long term of RocketLab. RKLB is just a safe investment because they don't really compete for the same payloads. It's a decent place to stash money that will grow better than a savings account.
Long $SPCX man....
@JeebsTX@RobinhoodApp they require 20% buffer because legally even a locked in single price can be changed by up to 20% on the last day before the IPO finalizes.
the IPO might say 135-135 but it's LEGALLY 108-162
@PhotonBull Index funds don't tend to pump and dump but more than half the people who buy at IPO that's all they're looking for. Get in and out before the first crash (that they cause by mass sell off).
Index funds would have acted to stabilize, so it's a shame.
@Xil_llix@JerryLiu112@nationalbank@RBC eh, you'll see it again. This stock is going to be volatile as hell. I expect it to both halve and double in the first week.
But we're in it for the long haul, not to pump and dump. We're worried about the value in 25 years.
@sassy420_@cashflow_king94 funny part is that behaviour is exactly why buying IPO is dumb. So many people buying just to pump-dump. Relatively few shares go to long term investors.