Looking to buy in or missing out on selling? $SPCX
Reddit hasn't overlooked this, but its pricing strategy is different.
"Haha, no one is buying in based on fundamentals at
$SPCXB ," another commenter wrote. "Either you're fooling yourself, or your math is off."
Shorts also faced similar backlash. "You shorts keep talking about fundamentals as if they really matter," a bull wrote. "None of that matters, get in quick, or you'll miss out."
Whether this is a wise move or reckless depends partly on the time frame — and whether Elon Musk's next headline drops before that trader's stop-loss order kicks in.
Meanwhile, Defiance ETFs launched the Defiance Daily Target 2X Long SpaceX ETF (BATS:
#SPCU ) on Monday — a 2x leveraged daily SPCX product.
$TSLAB