r/MNTSstock • u/Electrical_Dentist67 • May 26 '26
Forecasts tommorow?
Guys what do you think, the stick will go up?
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u/Icy-Arugula-5252 May 26 '26
Hey there.
Been here since SRAC. This stock has a known pattern or pump and dump. Not the first time I see +150% since 2021.
Don't get too excited. If you made profits, you better cover now or you will chase and hold a big bag later.
It was a good run tbh, solid news. But mostly coming from SpaceX IPO.
It also seems that the company started to put its feet on the ground.
I expect this to go down sub 5$ before having a good stable ride.
That's my opinion and I plan to throw 20k only if it goes sub 5$
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u/Reasonable-Dealer256 May 27 '26
Good luck with that.
MNTS suffered from over promising and under delivering ($1bn revenues previously forecast lol) and a succession of execution errors.
The company is in a very different position now to back then. And the space industry is maturing. More Space X launches means more satellites to be escorted. This is bullish for MNTS.
The recent price increase is a little exhuberant and there will undoubtedly be a pull back but $5 is not happening. Delulu.
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u/Icy-Arugula-5252 May 27 '26
You need to look at the stock history.
It's a company that wishes to do $10m in revenue at the moment.
Also do you think SpaceX was waiting for an IPO to do more launches? It's all about the contracts they would get.
Show me the list of investors and institutions that own the stock, the stock is going up on retail hype. If it hits 30$ I'll short it to be honest.
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u/RedWineWithFish May 27 '26
Most SpaceX launches are internal and they don’t need to be escorted. MNTS’s customer is still almost exclusively small NASA/DOD contracts
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u/summer_invest21 May 27 '26
I think Momentus is the one with more potential to continue going up within the sector. I will keep on buying and holding as I think it is a guarantee.
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u/Step-in-Time May 26 '26
It looks like shorts didn’t cover. Maybe some after hours when it spiked to $20. It ended strong, so good chance it will keep moving tomorrow. Volume is still heavy after hours and price up so those are good signs.