When everyone’s saying negative things and the stock keeps dropping, it might just be the perfect little chance to buy.
The financial results of space companies have been underwhelming, as they continue to burn cash, leading to a sharp drop in share prices following their announcements. However, the stock prices often rebound sharply in the next trading session. This pattern can be observed in companies like RKLB and LNUR.
Modify on 2024-11-16 01:38
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- RUW·11-16 05:13TOPKeeping 1000 $AST SpaceMobile, Inc.(ASTS)$ and selling OTM calls on them. And a bunch of puts to stock more at a discount.LikeReport
- ELI_59·11-16 17:27Thanks for sharing your insights 🥰LikeReport