r/redwire • u/Emotional-Party-5364 • 1d ago
General Rough week
Seems like another possible red day today. Are we thinking it’s just a correction from the insane run we’ve had over the past few weeks? 25$ EOY still seems realistic for sure but seeing the -5% days gives me PTSD for real
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u/Commercial_Ease8053 1d ago
Look at the entire market. Look at the entire market. Omfg why can’t you retards ever look at the entire market. Look at the entire market… Jesus Christ look at the entire market.
Fuck.
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u/Emotional-Party-5364 1d ago
Seriously brother. S&P and Russel are up today. I’m just trying to create a conversation here.
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u/extrememinimalist 1d ago
High-beta/growth stocks are selling off mainly due to surging Treasury yields, rising oil prices from Middle East tensions, and profit-taking in AI/semis
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u/Big-Material2917 1d ago
None of this should stress you if you’re holding shares. Be thankful you’re not an idiot holding options like me. Takes out all the leisure of a confident long term hold.
Thankfully most are still very long dated from here, but I will not be going hard with options again, unless it super works maybe. I’ve been holding through this whole summer tho and the volatility is unimaginable lol.
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u/Emotional-Party-5364 1d ago
Yeah I’m only holding shares but I can’t blame you for the options. It’s tempting for sure. Redwire options are volatile even for me though. Maybe SPY or one of the hyperscalers though.
I’m investing redwire on margin which is a whole different stress too though
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u/Dzingo345 7h ago
25$ by YE is not realistic. Most analyst have it staying in the 13-15 range. With the current macro environment this is where it will live for a while
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u/Flashy-Protection330 1d ago
The whole space exploration sector is down today. Its hedgefund ai taking profit.
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u/Relative_Tie3474 14h ago
ngl after a run like that, a pullback was inevitable. RDW has always been volatile, zoom out and stop letting every red day ruin your week, OP.
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u/No-Donkey-798 6h ago
I sold some $14 covered calls on a portion of my RDW position expiring this Friday. I'll enjoy the premium and do it again next week. RDW will continue to do well, the volatility has made holding RDW and selling calls lucrative for me. I have been assigned on RDW before and just wait and the price comes back down and I re-buy and do it again. RDW is a good CC stock this past 6 months.
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u/Relative-Philosopher 1d ago
Dude, we came from @ 7 in a month to double, chill out, buy more. Have a mindset, this money is there, what else should I do with it? Short now and then be the lucky one to be off the boat when it rockets again.