Investing General Discussion

What blazin said is accurate, but it does not mean there isn’t money to be made on RKLB, you just need to understand that you are not buying a value stock on fundamentals. It’s, as he said, a speculative play the company could be worth much more if they can successfully launch shit to space at scale and speed. This will be pretty volatile for a while.

I turned 25k into 100k with them(wish I had stayed in but ohh well) and now I’m too afraid to get back in at current prices. I would reconsider during one of the dips but it’s too insane for me right now.

there are plenty of other speculative plays that are not yet in WSB or have such insane IV, of which I always try to keep 1-2 open and I post in the shit stock thread for those since it’s not really smart investing, it’s just why not take a limited risk to win big type of thing.

Big Phoenix said:

Now thats a year.

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Holy shit at the size of that drop gap this morning. A short would have been a no brainer for the last few days and that would have been nice af.

Blazin said:

It's a great name to remember when we are in one of those risk off scare fits and people are dumping every speculative play. Problem is during fire sales there is so much to buy it's hard to take advantage of every opportunity.

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But good God man, lol. This stock has went straight in the fkn trash in the last 5 days.

Holy shit, sell everything.

Trump’s treasury secretary better institute the PPT again.