Peaked at #9 Off the board
Investor Advises Against Panic Selling
Investor says capitulating just because a stock fell shows lack of thesis, citing ASTS, RKLB, HOOD, NBIS.
Original post
I don't own $ASTS and not advice, but if you're capitulating just because a stock price went down..
There's little investment thesis or conviction in the first place.
People always have multi-year ideas like $RKLB becoming the next $SPCX or AST becoming the next Starlink competitor.
Kinda reminiscent of retail favorite names like $HOOD back in 2024, or $NBIS later in 2025...
But there's always capitulation periods along the way like the time hedge funds shorted Nebius to $70 in Dec/Jan, after calling it the Neocloud winter.
Or the wave of negative analyst DGs on Robinhood on the drop back to $17.
Or even macro scares like April 2025.
So lot of retail investors never gave their original longs time to play out.
Fast forward, a lot of these popular retail names do end up cooking... so kinda sad seeing how quickly sentiment turns.Quoting @WayneParke91492: $ASTS decided to cut my losses. This stock is dropping with no bottom in sight. I got in at 88 and kept averaging down to my current average of 78, and I'm sitting on a 48% loss! This ticker is completely played out and hopeless. Good luck to anyone still holding.
Top replies on X
Sign in to see 5 top replies from X
From @amitisinvesting, @retail_mourinho, @CaesarCapitalz and others. Spam removed, with English and Chinese translations.
Discussion 0
Sign up Sign in to join the discussion
No comments yet. Start the conversation.