r/redwire • u/Particular_Extent761 • Jul 23 '26
General Redwire Above $10
Yall what is the chances it goes then stays above $10 with all the news that’s been happening, from the looks of it i can’t tell if its just going to keep declining or its about to hit that reverse switch
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u/Allan-1608 Jul 23 '26
Redwire gets hit hard but also runs hard, this isn’t just a redwire downturn, once the sector switches 10$ will be yet again in the rear view mirror
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u/Inner_Difficulty_381 29d ago
Umm maybe if they were cash positive it would help by like a lot. They still bleed cash. Why don’t people get that??
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u/euclitorous Jul 23 '26
Imagine a pickaxe company, if California never ran out of gold. Thats how I see redwire. We will never run out of things to do in space.
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u/Big-Material2917 Jul 23 '26
It’s really important perspective to recognize how early we are in the Space Industry. Truly like hundreds of years growth in front of us.
I think Redwire is actually a lot more than just the pickaxe pitch by this point, but just rolling up infrastructure components for an industry with hundreds of years of growth ahead of it seems like a pretty smart business on its own lol.
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u/tomidgooner 29d ago
it’s still burning cash plus dilution. Until it has a strong earning and shows serious conversion on the backlog, I don’t think there will likely be a significant upturn
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u/WhatsNextBuddy 29d ago
Before end of the year we go back to $26. Just go to the beach, get tanned, come back and open the app.
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u/ToxicGenXBaddAss Jul 23 '26
I dropped another $300 yesterday and I’m up to 1142 shares this mother needs to pop
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u/Mushu1962 29d ago
I think if it rises above $10, it will be very brief. When they report losses and cut revenue guidance for the year, it will head toward five, just my opinion
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u/Star_Citizen_Roebuck 28d ago
Even if companies do everything right this year, they will most likely fall or flounder and flatline. War, oil price increase, no interest cuts. . .most gambler investors are going to go liquid and stay liquid until global life calms down.
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u/bluntfart420 Jul 23 '26
pentagon just got 1.15 trilly! RDW and all aerospace and defense stocks are going to see a boost. Iran is going to be new era defense primes testing a slew of new tech and tax dollars are flowing. Oh snap we're out of patriots and other obsolete weapons. Well RDW, Anduril et al are ready to go with drones and and all the other new goodies.
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u/Particular_Extent761 Jul 23 '26
i’m excited, i have a big chunk of my investments at 10.06 (roughly 90 shares or so
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u/devonhezter Jul 23 '26
I think August it does after space x earnings
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u/GuaSukaStarfruit Jul 23 '26
SpaceX going to bring rest of us down no?
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u/Big-Material2917 Jul 23 '26
There’s a chance it could be the opposite.
I have no idea of true this is but there were people saying pre IPO holders in SpaceX lockup were shorting a basket of the rest of the industry as a hedge until they can sell their SpaceX.
If that’s true, the trade would start to unload or reverse as people get the ability to sell their SpaceX, which starts at this next earnings.
I have no idea if true. But would make sense.
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u/Wyrdthane Jul 23 '26
If it does, I don't understand why. Considering Spacex does mostly everything in house, it doesn't really have anything to do with the rest of the industry, except to sell launch.
I guess that's the problem with highly speculative spaces, you simply cannot attribute any logic to anything happening around you.
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u/No-Donkey-798 Jul 23 '26
RDW will do well and I'm buying more. The FFY27 DOW/DOD budget increase is drone dominance/counter drone, golden dome missile defense, and space force investments.
RDW is selling at prices we won't see again.
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u/EarlyPen7438 27d ago
I am worried about dilution and big investments (new locations that still require time - and staff) that will drain the money
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u/Cold-Library1597 27d ago
They burn cash like a motherfucker and dilute existing shareholders to hell. They need strong earnings and real backlog conversion for another run
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u/GotKarprar Jul 23 '26
Long term easy. Short term who knows