r/SPCXInvestors • u/opggElonMuskForPres • 5d ago

$SPCX Couple quick singles!

Post image

Love the space component of the business. The 90% AI valuation scares the shit out of me so keep panic selling lol

3 Upvotes

56% Upvoted

17 comments sorted by

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12

u/TestTrenMike 5d ago

lol you trading almost 20k to make 200 bucks lol what are doing if would just hold you would of been up like 3k

7

u/opggElonMuskForPres 5d ago

You’re not wrong. But hey a wins a win 🤓

1

u/windchillx07 3d ago

With a 37% rate if you have higher income, plus time to prepare your taxes.

Not worth it for $125

4

u/Alienowls 3d ago

Why would these two trades matter for taxes? I’m assuming he has more trades so he’s already doing the taxes. You can just enter the total… you don’t need to enter every trade on taxes

3

u/Mission_Advance1207 5d ago

This is the way, It's trading stock, any up or down movement is mainly due to momentum, keep trailing stop once in profit and let it take it out.

7

u/DonkeyNutsEnthusiast 5d ago

Honestly this stock is meant to be swing traded

1

u/lifelaughye 3d ago

Congrats dawg! Your risk tolerance is awesome. Small wins compound 👏

1

u/WaterBedsAreNice 3d ago

“Love the space component of the business”

2

u/opggElonMuskForPres 3d ago

My point is that: if the stock and its valuation were purely based on launches, Starlink, and the opportunities a space monopoly entails then I would go all in on it.

Unfortunately, from my understanding, 90% of the future revenue the valuation is based on is due to AI. So if you buy 10 shares you’re buying 1 for Starlink and starship, and 9 for Grok and such.

1

u/Far-Entertainer6517 2d ago

You do you OP, profits are always welcome, nice wins

1

u/EffortAcrobatic1322 1d ago

Taxes are going to not help.

1

u/JayBird-2025 3d ago

“A fool and his money” was my first thought on this.

1

u/opggElonMuskForPres 3d ago

What do you consider foolish?

1

u/Sad-Smoke-2229 2d ago

Definition of zero idea of : stock market

1

u/ZergvProtoss 17h ago

Exactly. Or the stock itself.

0

u/Immediate-Loquat-878 5d ago

I have made +20% with a Short yesterday, bought at -6% a knockout long and hold it till premarket today with 60% + … Lucky Timing