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Here’s Why SpaceX Stock Suddenly Took A Dive (www.forbes.com)
submitted 4 months ago by to c/usa@lemmy.ml
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[–] 15 points 4 months ago (2 children)

Cause they found their bag holders.

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  • [–] 13 points 4 months ago* (1 child)

    Pretty sure that was supposed to be every 401k account in the US. Which hasn't happened yet. 15 day waiting period hasn't happened for it to be put in any index fund that tracks the NASDAQ.

    A lot of options holders must have decided to take their profits. Not worth the risk to a lot of them to wait any longer. It'll probably still get pump and dumped again.

    Pumped by the retirement funds of average joes forced to include it. Then dumped by all the options holders that got it for pennies on the dollar before it was ever public.

    There is no difference between "shit coins" (read all crypto) and the stock market these days.

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    • [–] 5 points 4 months ago

    Because the rules are made up and the points don’t matter. It was never worth its claimed value to begin with, but a ton of people are okay with Nazi cocksuckers as long as it makes them money. I hope they all get every fucking cancer that their dear leader canceled research for. It’s still better than they deserve.

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    [–] 4 points 4 months ago

    A fool and their money are soon parted

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