onlyYou
06-27
Waiting for better entry price-I would wait for a deeper pullback before buying. Although the recent 24% correction has removed some of the initial IPO excitement, I am not convinced that the selling pressure is over yet. The coming months will likely be a battle between index inclusion inflows and lockup-related selling, and it remains unclear which force will dominate in the short term. The company’s large cash reserves and ambitious plans in AI and space infrastructure are impressive, but valuation still matters regardless of how exciting the story may be. I would rather miss the first part of a recovery than rush into a position while uncertainty remains high. My preferred approach is to monitor earnings, management guidance and the first wave of share unlocks before deciding whether the market has found a more sustainable floor. Patience can often be an investor’s best advantage.
SpaceX Surges 15.8% — Rocket Lab Reports Tonight. Who Takes the Baton?
SpaceX +15.83% last Friday, straight through the largest lock-up expiry on record. Kevin O'Leary, who missed the IPO, is waiting for the stock to settle before buying. The sector followed: Rocket Lab +9.46%, reporting tonight, Wall Street looking for about $232 million in revenue and 60% growth — the stock still ~57% below its high. The leader ran on position clearing; the challenger has to earn it.
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