Under 40 just to hit all the stops that longs are putting in because they are all looking at the same level
"STOPS" You are being watched by the algos, machines are wiser than man. Thank you for the money, caviar and wine for lunch today, next.
My investor side has proven to be idiotic, but my sinister side of being a trader is balancing the books. Not in this one again yet. Took my nickels and ran, luckily.
Sometimes the charts can fool you, this has taken a Sugar Ray Lenonard style beating. Test flight has been delayed a couple months and this one has longterm potential. Definitely on the watch list for re-entry.
I wonder if the reddit crowd will lose interest after the space shot in three days. I'm still holding for a few more years with no expectations of making great gains. I just want to follow it for my own interest.
I have no idea how to play this one anymore. I have 100 shares that were assigned to me when I sold a $25 put back when stock was $26ish. Held through lows of $15 and have held on the ping pong battle since in $45-$60. I would think that I would consider adding to position around $40 but after the crazy up day we may be off to new highs.
There's a saying in the short-term trader world. Buy the rumor, sell the news. Keep this in mind the next 3 days.
Imagine the money I've lost by not buying the lows and selling the highs of this company. I'm surprised you guys let me hang around. I bought around $16 and have no interest in selling at $51, 20 months later. I may be the worst trader on this site.
I wasn't implying you should sell. You just wondered about the price over the next 3 days, and that very popular saying popped into my head.
That comment wasn't aimed at you, or anyone, specifically. I thought I would highlight a different type of thought process. The post came from a thought, "I'll bet, to the people of Stockaholics, my long hold of SPCE is causing some pretty serious head scratching."
Just a super quick reminder for those who may interested. Here is the live stream link courtesy of YouTube of Sir Richard Branson’s SPCE spaceflight this AM. Looks like flights been pushed back about an hour due to safety concerns (weather). Currently set to take flight in about 4 hours from now, but that could obviously change as well. Anyway, here’s where y’all’s can find the live stream:
This just in from Sir Richard Branson's audio comm unit. "I have a personal message for Jeff Bezos: Na na, na na na."