SpaceX price drop below IPO
"And my fear is this. I mean number one we're filling this gap. incredible gap fill. But if we take out this low at 149150 from the IPO day, then everyone who bought since the IPO would be now negative."
ℹ️ In shortGareth Soloway fears that if SpaceX's stock price drops below $149-150, all investors who bought shares since the IPO day will lose money.
This prediction is awaiting verification.
Details
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… Okay. Now those people are like oh my gosh I'm down 30% 35% 40% on my investment in SpaceX. So if SpaceX bounces there's going to be a certain amount of sellers on this heavy volume day that are going to sell into that and that's going to make it very hard for price to go back to all-time highs. And my fear is this. I mean number one we're filling this gap. incredible gap fill. But if we take out this low at 149150 from the IPO day, then everyone who bought since the IPO would be now negative. Now granted, insiders, good old insiders that got these shares probably some of them are selling or have sold and taken profits, but then those are the only players that are still in the money. And even at that price, I mean, it came they got it at 135. if they're still holding, they're not really up that much, right? They're not up a whole lot. N …
Related claims by Gareth Soloway
Micron and SanDisk Stock Price Drop
Gareth Soloway predicts a significant drop in Micron stock to $300-400 and SanDisk to $500 per share.
Nvidia Stock Price Drop
The analyst predicts a further breakdown in Nvidia's stock price, citing current downturns and technical patterns.
Market Cycle Peak 2028/2029
Gareth Soloway predicts the current market cycle will peak around July 2028, coinciding with the 99th anniversary of the 1929 peak.
Silver: Long-Term Buy Level
Gareth Soloway plans to buy silver for the long term if its price drops to the 3500-3600 level.