$SPCX â THE SUPPLY WALL IS STILL HERE. đš
SpaceX just absorbed one of its biggest near-term overhangs: roughly 328M shares became eligible to trade around Sept. 24â25.
Then came another headline traders couldnât ignore:
President & COO Gwynne Shotwell sold 342,170 shares worth about $52.55M on Sept. 22. The transactions were executed under a pre-arranged Rule 10b5-1 plan adopted in June, so this wasnât a sudden panic exit â but the timing still adds to the supply narrative.
Thatâs the key risk for $SPCX right now:
More tradable shares + insider selling = more supply buyers need to absorb.
And when a stock is already sitting near a major psychological support zone, extra supply can cap upside even when the long-term story stays strong.
Bull case: buyers keep absorbing every unlock.
Bear case: supply finally overwhelms demand.
Right now, the next move is less about hypeâŠ
and more about who runs out first: sellers or buyers. đ
$AMD.US #StrategyStriveAdd2305BitcoinThisWeek #TrumpRejectsIranHormuzReopening #CircleTetherFreezeBitgetHackerWallet #SECSaysTokenBuybacksNotAutoSecurities #ChinaUSAgreeOn$30BTariffCut
SpaceX just absorbed one of its biggest near-term overhangs: roughly 328M shares became eligible to trade around Sept. 24â25.
Then came another headline traders couldnât ignore:
President & COO Gwynne Shotwell sold 342,170 shares worth about $52.55M on Sept. 22. The transactions were executed under a pre-arranged Rule 10b5-1 plan adopted in June, so this wasnât a sudden panic exit â but the timing still adds to the supply narrative.
Thatâs the key risk for $SPCX right now:
More tradable shares + insider selling = more supply buyers need to absorb.
And when a stock is already sitting near a major psychological support zone, extra supply can cap upside even when the long-term story stays strong.
Bull case: buyers keep absorbing every unlock.
Bear case: supply finally overwhelms demand.
Right now, the next move is less about hypeâŠ
and more about who runs out first: sellers or buyers. đ
$AMD.US #StrategyStriveAdd2305BitcoinThisWeek #TrumpRejectsIranHormuzReopening #CircleTetherFreezeBitgetHackerWallet #SECSaysTokenBuybacksNotAutoSecurities #ChinaUSAgreeOn$30BTariffCut
