SpaceX $SPCX has lost over a third of their market cap in the past month and there is a very real possibility they fall below $100 this week, maybe further, as they are reporting earnings… Seriously. At what point is this one a great buy??
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21 Comments
Saijad Kadiwala@cashunchained · 2d
Fair value (based on current revenue): $70–75 Accumulation zone: $80–90 Reasonable long-term average entry: $90–110 I currently hold SPCX at a $126 cost basis through an options strategy. While I believe the stock is overvalued based on today’s fundamentals, my long-term thesis remains bullish. If the company continues executing on its expansion plans and delivers on its current project pipeline, I believe $200+ within the next year is achievable. As always, execution will be the key driver.
Alexey @a1exey · 2d
i am waiting for December - the last shares unlock
Patrick @patrick2 · 2d
Let it crash. I wouldn't touch it until after everyone sells their shares and the market prices it a fair valuation.
solomon @ambessa · 2d
$30 may represent its real value. extremely overvalued
Kaya @kaya_guard · 2d
It's not, it's wildly overvalued and massively volatile based on the tweets of one man
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