đ SPCX: a rally is about to meet fresh supply.
Shares closed at $171.09 on Oct. 5, up 7.6% that day. But on Oct. 9, up to 328 million shares are scheduled to become eligible for sale. That doesnât guarantee sellingâbut it could add pressure after the surge.
My lean: sell-lean in the near term until the market absorbs the unlock. Do buyers see this as a speed bump or a reason to take profit?
#SPCX #SpaceX #Stocks
Shares closed at $171.09 on Oct. 5, up 7.6% that day. But on Oct. 9, up to 328 million shares are scheduled to become eligible for sale. That doesnât guarantee sellingâbut it could add pressure after the surge.
My lean: sell-lean in the near term until the market absorbs the unlock. Do buyers see this as a speed bump or a reason to take profit?
#SPCX #SpaceX #Stocks