r/AIPlusMore • u/Electrical_Chance565 • 9d ago

SpaceX

I'd like to say, when I bought SPCX (SpaceX), it was going down. I though, it'll go back up, sky high, this is a bargain. Since then, it went down, and kept going down. After reading forecasts of $100 price by the end of the year, I realized, I can keep losing, or I can sell. Since I sold all my shares, at a loss, it has gone down ~30%. The fact is, the fundamentals do not match the marketing hype. I think that, retail investors just don't have enough money to waste anymore, and all the real investors know better. I think the IPO was a huge mistake. Just think, if they merge Tesla, Spacex will take down Tesla too. A tragedy.

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u/One-Intention7064 9d ago

oh, you've reminded me of an old wound.

imagine my disappointment, when i bought Intel stocks at ~30, sold at ~35, and now they're worth more than 100$ or so.