stermy4u@lemmy.world to Technology@lemmy.worldEnglish · 1 day agoSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comexternal-linkmessage-square88fedilinkarrow-up1501arrow-down115
arrow-up1486arrow-down1external-linkSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comstermy4u@lemmy.world to Technology@lemmy.worldEnglish · 1 day agomessage-square88fedilink
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down2·7 hours agoI agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power. That said, it’s dumber to sell stock when it’s down.
minus-squarevandsjov@feddit.dklinkfedilinkEnglisharrow-up1·7 hours agoDepends on if the stock will continue to go down… recover what can be recovered before it’s too late. It’s a risk both ways
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up1·7 hours ago Depends on if the stock will continue to go down No one can know that, though.
minus-squarevandsjov@feddit.dklinkfedilinkEnglisharrow-up2arrow-down1·6 hours agoThat’s why I wrote the last sentence :-)
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-26 hours agoI get that, but the rest of your reply suggests that you think people should try and time the market, which is patently absurd. :)
I agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power.
That said, it’s dumber to sell stock when it’s down.
Depends on if the stock will continue to go down… recover what can be recovered before it’s too late. It’s a risk both ways
No one can know that, though.
That’s why I wrote the last sentence :-)
I get that, but the rest of your reply suggests that you think people should try and time the market, which is patently absurd. :)