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M.Ishaq1919
4.
Everyone is focused on the $SPCX unlock, but here's the bigger picture:
If earnings are positive and the unlock doesn't create aggressive selling, the market may start focusing on the bullish catalysts instead.
Still, don't confuse “unlock” with “immediate sell.”
Those shares can hit the market on the second or third day too.
That's why I don't believe the bearish pressure has completely disappeared.
Above $120, many people were trapped by nothing more than “I think so.”
With 910M shares potentially circulating, one bad headline could quickly turn hesitation into panic.
I exited at 105 and still have a 0.3 short near 114.
No rush.
