@shawngorham Neither. I think it will oscilate for a while... The greenshoe will prop it for 30 days, and the nasdaq listing... I'd bet it hovers between 135 and 200 for a few months. After that? I don't know. But I do know I'm in it for the long haul so early noise doesn't bother me.
@xaigorgo That's completely fair and reasonable. That's far more reasoned than just a simple 'it doesn't compare to others'. Everyone has their own risk tolerance and you know yours well. ๐ค
I spent a week studying and researching and building a data backed plan, bouncing my ideas and conceptions against a willing Ai agent that corrected me, asked questions, and held me to account when I contradicted myself. My plan was executed and landed perfectly, saving me from chasing and fomo. This is just step one of my long term plan.
@FadiRaees@Frisky_Dingus Except shit coins don't have a moat like SpaceX. Shit coins don't have 51% of world rocket launches and 88% of the mass sent to space, or an Ai infrastructure or a rapidly growing satellite internet division.
Agree to disagree. I think the more likely circumstance is they will grow into the valuation before the valuation depreciates. That's of course barring bad news, macro or micro that weighs on it. Retail is fickle... So I'll give you that. The other issue is that they don't technically have earnings... Based on last year they are operating at a loss... So should they be worth zero?
@JoeTalkShow It does however give me the opportunity to start cost averaging a long term position that could be life changing in the future if played right and he executes on his vision. ๐ค
@TreydingStocks Everyone's risk tolerance is different. There's still time to start building a cost averaged position... 1 day isn't the end of the world... I will say that those waiting for a 50 plus percent drop could be waiting forever ๐คท
@RyanG1919 I'm not. I spent nearly a whole week studying and researching and making a plan so I don't get caught with fomo or chasing the highs, and it worked perfectly.
@OInvests Fun detail... If you look at the daily chart of Rocket lab, it just bounced off ascending support. Buy opportunity for Monday morning? Possibly. ๐