3 ms·
I have a hard time imagining how spx stock will drop to a reasonable price. You have to be a true believer at its current valuation, so who is going to sell? Ma
by ghtbircshotbe 3mo ago
I have a hard time imagining how spx stock will drop to a reasonable price. You have to be a true believer at its current valuation, so who is going to sell? Maybe if enough insiders or stock options start selling it will drop.
- padjo 3mo agoSlowly at first, then quickly.
- JKCalhoun 3mo agoThe market overall drops and large investors start shedding their pricier/riskier stocks to offset losses.
- Alpha3031 3mo agoWell, as I understand it, SpaceX intends to continue to raise money from the market. Eventually the true believers will stop having money to give them.
- ben_w 3mo agoI expect via court order or government intervention. How many of the HODLers will be SpaceX believers, vs. Musk believers? Musk's already only narrowly avoided being banned from running publicly traded companies from the $420 tweet years back.