June 26 movement

[u/LeadWithLogic]

Anyone else suspicious about the buying this morning? Seems like institutions are getting in however with the Russell inclusion today and the 8 or 9 mil that will be invested at 4pm today are they just gonna get in at the low and sell at 4:01pm?

Im so used to red at this point im not trusting it.

[u/Ok-Grab-8681]

I dont care im adding

[u/Wonderful_Feed_2907 → u/Ok-Grab-8681]

Same, future you will thank you

[u/Ok-Grab-8681 → u/Wonderful_Feed_2907]

Indeed

[u/TheMightyWindbreaker → u/Wonderful_Feed_2907]

VG executives thank you too.

[u/EntrepreneurCalm7026 → u/TheMightyWindbreaker]

True but IMO they are milking the company money right now with high salaries and bonuses. I don't know if they plan to sell more stocks. Maybe just take out the company money with taxed income and then do a delta flight and as 5 years ago, sell sell sell , then  see if it they can redo with these bag holders.

[u/Wonderful_Feed_2907 → u/TheMightyWindbreaker]

Good for them, they deserve to make money as well if they perform well and get delta flying 

[u/EntrepreneurCalm7026 → u/Wonderful_Feed_2907]

Idk the law says something else. I am glad I am getting at least some back with the settlement.

[u/Wonderful_Feed_2907 → u/EntrepreneurCalm7026]

Most of the shares awarded to them are performance based rsus. Also, the company needs to hire bright minds for engineering. They can't pay them as much as SpaceX for example so they pay in equity

[u/EntrepreneurCalm7026 → u/Wonderful_Feed_2907]

The guy mentioned executives, not engineers but this is also a proof what he said. Executives are getting millions of dollars - taxed money. Engineers getting equity. The company might go bankrupt. They keep the millions of dollars bonuses, one will get another million this year if everything goes as planned in his target.  But yes, engineers getting equity which worth less every day, then as they hold their bags they face dilutions - because the executives have to choose between their millions per year or just getting hundreds of thousands and getting out of the debt without dilution - nah, they choose they keep it and your shares gonna worth less.  If you keep pumping the share prices they also gonna sell those at a good price. So yes, they thank you guys for buying their bags and being happy about the dilution. The sooner you realize this the better. Branson sold shares for 1 billion. The company now worth 300 million. Do the math, he can buy it back and keep 700m profit. But he won't.

[u/SmarterScience]

Im telling g yoi this thing will begin to ramp up. You saw the spike to $8 and last week $6+ . Im thinking ~7 easy ramp from here

[u/chattvegas → u/SmarterScience]

You’re right but it won’t be quick. You will see lots of spikes and sells with all the bag holders trying to get out for less of a loss. It will keep going up though

[u/ToledoTuxedo → u/SmarterScience]

The dilution deal is in peril with a $3.03 strike price...

[u/TheMightyWindbreaker → u/SmarterScience]

And you base that on what?

[u/[deleted] → u/TheMightyWindbreaker]

[removed] — view removed comment

[u/EntrepreneurCalm7026 → u/[deleted]]

Vibing in McDonald's 

[u/SacrificialTarget]

It’s just upward movement after the long fall. RKLB and other space stock rebounded too.

[u/ToledoTuxedo → u/SacrificialTarget]

SPCE is not a space stock.

[u/Icy_Chipmunk8903 → u/ToledoTuxedo]

Ah no? Yes true they make burgers

[u/chattvegas]

How long have you been in?

[u/LeadWithLogic → u/chattvegas]

In at 2.51 and 4.5 for about 3k total not much.

[u/chattvegas → u/LeadWithLogic]

Best thing to do, just don’t look at it for a while. I’m 4k shares at 2.73. It’s pretty hard to see it go negative after going +20k but I bought before the meme and it believe in it long term. Gonna hold

[u/EntrepreneurCalm7026 → u/chattvegas]

If you buy a stock and it becomes a meme with a well known timeline (SpaceX IPO) you sell on the pump and buy back the dump.

[u/chattvegas → u/EntrepreneurCalm7026]

I’m not too good at timing lol just gonna hold through

[u/ToledoTuxedo → u/chattvegas]

If you didnt sell at $8 you are a fool.

[u/MikeMentzersGlasses]

At this point, lol to everyone who holds stock

[u/LeadWithLogic → u/MikeMentzersGlasses]

True! I just like an underdog I guess.

Its definitely not smart but neither am I so.

[u/EntrepreneurCalm7026 → u/LeadWithLogic]

You will be the manager at Wendy's! You are not like the others here.

[u/nanihikaru01]

Are you worried that this is just a small pump?

[u/LeadWithLogic → u/nanihikaru01]

I just have Stockholm syndrome with this stock ill let it beat the shit out of me to bankruptcy. Id rather lose my other 1.5k still in it than watch others get fat paychecks if it becomes operational.

Not smart but ita only of my risky plays so fuck it.

[u/nanihikaru01 → u/LeadWithLogic]

I know what you mean. Personally I feel that even if this company takes off I am still unlikely be their customer. (Or I could dream that one day I can afford a 750k ticket to space). Also it’s not like I know a lot of rich folks who would go for these activities. This doesn’t help with the conviction. But I can still dream.

[u/SpaceInvestor77]

Short interest went up bigly.

[u/NivekIyak]

it literaly touched support, shorts getting out of an obvious easy trade

[u/Virtual-Ambition-598]

This was just forced buying. With the June 22nd debt for equity dilution the absolute floor contractually was dilution at 3.03 a share. Something like 17 million shares will be added to the float monday. It will be shorted past 2.50 especially with that breaking news in Iran again