Intuitive Machines - $LUNR - Down 70%+ in 2 Months
$LUNR is down over 70% from its ATH just 2 months ago on the dot... After acquiring Lanteris Space Systems, a major satellite manufacturer, on Jan 13 of this year, the stock price was trading around $17.50 This acquisition massively increases the TAM for Intuitive Machines, yet the stock price has now given back ALL of its gains PLUS its down ~30% from the day it acquired Lanteris - $1.1B backlog - 1st qtr of Adj. EBITDA positive (+$2.7M) -Diversified revenue mix (35% com. 38% civil, 27% nat. security) I'm extremely interested in adding more to my position in $LUNR, but I'm simply waiting for the technicals to give me confirmation
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9 Comments
Anthony Holstein@anthony.invests · 5d
Incredible opportunity when we compare between the price we were in January during Lanteris acquisition and now, the company has never been stronger than now Looking forward to earnings in two weeks to confirm that financial strength!
Noor @noor911 · 5d
Buying opportunity 🚀🚀
Regis @mytranslator · 5d
I keep accumulating at these low prices!!
NickMtb @nickmtb · 5d
Am not too much in know about this company, sounds very good at the surface, but it's hard to ignore the negative cash flow,those are hard to invest in. Do they have a timeline on when they will turn profitable or at least break even? Good luck
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