@tkzxbt You better check reality. Actually investigate how unlikely your kids kids kids will ever land on Mars much less colonize it. It’s science fiction trying to live in reality and accounting rules all.
@tkzxbt Dont be surprised if we do. The only difference is this is a cult stock that throws regular analysis askew. If you ranked companies in revenue, this would be 198th. This is so over priced it is ridiculous.
@cmsinvests@TeebSmilesTrade I hope I am wrong as hell about my thesis by the way. But the market can be irrational longer than you can remain solvent. SPCX up 19.21% in after hours is the same thing we just witnessed in AMD, Marvell etc. 100% moves in a few days.
@TeebSmilesTrade@cmsinvests You think retail is going to panic sell their most beloved stock at a mere 5% dip? They are going to panic BUY on any dip. That’s what the psychology of this market is. When did the fundamentals matter in retails’ favorites on Tesla, PLTR? INTC has a -200% PE ratio and is up 500%
@TeebSmilesTrade@cmsinvests What the fuck are you talking about? I HATE THE STOCK. BUT FUNDAMENTALS DO NOT MATTER IN THIS MARKET. WHAT CAN YOU NOT UNDERSTAND ABOUT THAT?
@JKacprzak97431@cmsinvests I said the same thing about semi's and metals and was too early. Save your money, dont even short and buy something undervalued. Dont fight parabolic moves.
@TeebSmilesTrade@cmsinvests One, misinformed is the wrong word because there is no misinformation here. Nobody told me anything it is market observation. This market has seen semiconductor stocks go up 800%. EVERY DIP WILL GET BOUGHT UP in A DAY OR TWO. 5% retracements mean diddly squat after 100%+ moves.