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M.Ishaq1919
19.
$SPCX could surprise people in either direction.
Strong earnings + limited unlock selling could create a meaningful bullish reaction.
But weak sentiment combined with the huge unlocked supply could trigger another wave of panic.
That's why I'm not convinced the downside is finished.
Remember, unlocked shares aren't automatically dumped on day one.
Selling can come later.
The 910M-share figure makes market psychology extremely important.
A lot of traders above $120 were trapped by confidence rather than confirmation.
I called the exit at 105 and still hold a 0.3 short around 114.
No need to rush.
