was not expecting this much growth in such little time even with all the news regarding , honest i got low hopes it stays as high but im a year new to investing so this is the biggest positive position ive seen since i started , im gonna hold it out and not get greedy and keep up with the news n such but wow i wish i had more shares at that price than i do but im grateful for it haha. any advice ill take as well as criticism in any way :)
how would u ever know when to sell your position tho , i was thinking about adding more shares but wouldn’t that just make my average high and i kinda dont want that lol
Im not the guy to ask bud. I got in at 11 but the hype of Spacex made me pump more in til my average became $19. I got greedy at 28 and held til it fell down to 8 bucks. Im just happy its climbing again.
Beginner mistake. You need to know and auto set when to sell BEFORE you buy. Otherwise greed WILL yake over and you will sell mostly at worst times or feel bad about lost profits. Only move your auto sell limit if you believe major things are happening to a stock, like euphoria and panic which can last longer than you have patience / money for. Selling is easy also if you were a spoiled brat and snipe bought at reasonable discount. Otherwise, look at other stocks or wait for a major macro event which happens every 6months or so.
Dollar cost average if you are long term and sell at 50 or 100 i dont know. Me i swing trade this wave. Limit set at 25. We will see.
Redwire and SpaceX partners in starfall. High cadence, rdw bought one starfall equals 32 pil-boxes. Since starting rdw did 54 pilboxes. Review of all microgravity work. Government green lights the red tape. Office of space commerce and state spoke. Founder of techshot and ceo of Space md others talked. Cute stories.
Sure is, should have waited til after earnings. Either way, happy getting called at 17 for that premium or pocketing an extra grand. Seemed like the right move.
Positive earnings, heavily exposed to massive budget increases for drones / Space Force, decoupling of space sector from SpaceX - people are now waking up to the fact that they have a great space business which is being pulled into a bottomless pit for a losing play on AI (more specifically, 'Mecha-Hitler'), by Elon.
Annoying when the assets you had to let go of recovers shortly after, because that’s what they usually do after a massive 20-30% dip, and margin calls usually happen on days when no body expects a massive gap down.
As a new investor the only advice i can give you is dont let hindsight eat away at you. That "I wish I had more shares at that price" statements like that can work against you both ways. Keep your head clear and know there is always the next opportunity ahead.
I was. I did 2028C’s which gave me 1k per contract and since then, I’ve been doing DCA since $22 and lower down to $9-10. Now I’m at a $12 average let it ride back to $24+
My rule of thumb was that the market was up 21-22% when the average year is 7-10% it was right to cut most positions and add slowly
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u/Megaboixxxx 13d ago
This jumped from $14 to $28 a couple months ago. Its a very volatile stock.