SPCX rising for some reason

Created at
149.**.48.72   69   10   0  

Out of nowhere, SPCX decided to wake up today and randomly jump over 12%. There was no groundbreaking news or massive press release—just the market apparently realizing that the lock-up expiration wasn't the apocalyptic event everyone feared.

Right now, I’m sitting on a grand total of 50 shares. It’s a mix of my original IPO allocation and a few "what was I thinking?" extra buys I picked up later. I actually scored a great profit by selling off the bulk of my position right after the listing, but I left this small leftover chunk behind.

Now that the price is finally crawling back toward my average cost, I’m facing the ultimate dilemma: Do I take this unexpected exit ramp, or do I stick to the original plan and hold on for the long haul?

At this point, these 50 shares feel less like a serious investment and more like a stray cat I brought home off the street. I keep watching it, feeding it, and trying to decide if it’s a "pet stock," a nostalgic "souvenir stock," or if I’m just using my hard-earned money to play a very quiet game of financial roulette.

Are we actually nurturing a future giant here, or am I just getting emotionally attached to a ticker symbol? I’d love to know what my fellow SPCX holders are planning to do with theirs.

 



Tags: IPO SPCX SpaceX Share on Facebook Share on X

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What should I do with my tax-advantaged account? I need to average down with $15,000.

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109.**.110.243 (Created at )   | Reply
We have 200 shares, but we bought at the peak.. seriously lol I'm just.. planning to hold onto them until we go to Mars.. because of the data center.. fell for Elon's silver tongue lol I feel like I shouldn't even look at this.. the space industry...
240.**.208.79 (Created at )   | Reply
There will probably be buying opportunities until December, right? My goal is 600, but I was only able to buy 200 this time, so I plan to keep waiting and fill the rest by the end of the year. Whether pessimism is rampant or not, I'm going to go my own way.
128.**.7.15 (Created at )   | Reply
I still have the 50 shares I got from the IPO. I'm going to hold onto them until we go to Mars.
75.**.173.41 (Updated at )   | Reply
There was a lot of short selling before the lock-up shares were released. Doesn't it seem like it's going up as those shorted shares are short covering?
213.**.130.181 (Created at )   | Reply
I only threw away 10 umbrellas haha
117.**.129.235 (Created at )   | Reply
Yesterday, the thought "Should I buy a bit?" just crossed my mind, but I sold and bought back to make up for my losses on SNXX, and I regret it so much ㅠㅠ
24.**.212.47 (Created at )   | Reply
Yesterday I went crazy and bought 5 at $110, and it's going up haha
48.**.110.98 (Created at )   | Reply
I'm planning to make it mostly antique.
  49.**.219.74 (Created at )   0  
OP) Should I pass this down for generations as a family heirloom.. haha
169.**.86.54 (Created at )   | Reply
Me too, I'm holding it as a souvenir, but I don't know whether to sell it or just keep it...
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