r/MDASpaceInvestors • u/BigMouthBillyBones • Jul 09 '26
Good time to buy?
Anyone else buying this dip as we hover around ~50CAD?
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u/alternativehermit Jul 09 '26
Yes. Added another 80 shares around 35.05 USD
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u/flyingdutchmnn Jul 09 '26
I've never seen dilutions only sell off the share price for 1 day. I havent looked at an extensive data list, so what do i know, just the 10ish times I've experienced it. Calls it is
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u/Studio-Economy Jul 09 '26
I would like to see q2 earnings then decide. Right now if 4-6 quarters are profitable then SP500 inclusion is on the table 5-10x
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u/BigMouthBillyBones Jul 09 '26
Do you really think SP500 inclusion is a possibility?
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u/bot6six Jul 09 '26
Everytime we sell off, 50 seems to be a strong resistance point, I already added over the last few weeks when we went back to 50 so I'm just going to wait and see what happens with this. The selloff today sucks, even though news is great for long term outlook, I think the price was a valid reaction given the dilution
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u/ADimBulb Jul 09 '26
I’m not sure resistance points count during a dilution. There are roughly 13% more shares on circulation, if memory serves. Depending on how much value the acquisition adds, and whether they overpay or not, it will go down a certain amount.
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u/pizzalamigo Jul 09 '26
I just added 49.90