SpaceX (SPCX) Entry point.
So, I've managed to put all the FOMO aside and refrained from jumping into the volitility of the IPO.
I am of course still interested in getting in. My question is this:
Since retail allocation of shares was about 20%, once the lockups start being unlocked and sold on the market, this should provide lots of buying opportunity at more realistic prices, is this logic correct?
Would the best time to make purchases be at the 70, 90, 110, 130 and 150 day 7% tranche unlocks?
And might the biggest opportunity be on whatever day SpaceX chooses for their Q2 earnings release, since that will unlock a 20% (auto) and potential 30% unlock of shares? Allowing insiders etc to cash out?
Or is this putting too much thought into it, and maybe I should just start DCAing now.
Thanks in advance to those with any ideas.
