SpaceX shares crashed below the $135 IPO price, wiping out $1 trillion since June. A scrubbed Starship launch and upcoming investor lockups triggered the selloff.
We have all seen Tesla go through massive ups and downs. I think its possible it will go up, but I wouldn’t wait for it. Smarter to put it into other stocks.
If you bought, just hold. Can’t time something this wild.
If you’re dumb enough to have been dumb, keep being dumb.
I agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power.
That said, it’s dumber to sell stock when it’s down.
It depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
Or you can dollar cost average your way to a more workable position over time.
In investing patience is a great thing.
That’s what I said?
Not exactly, no.
But, basically yes
Depends on if the stock will continue to go down… recover what can be recovered before it’s too late. It’s a risk both ways
No one can know that, though.
That’s why I wrote the last sentence :-)
I get that, but the rest of your reply suggests that you think people should try and time the market, which is patently absurd. :)
We have all seen Tesla go through massive ups and downs. I think its possible it will go up, but I wouldn’t wait for it. Smarter to put it into other stocks.