r/wallstreetbets
I wanna invest in Spcx shares. I need advice from you gambling addicts.
WSB user wants to gamble $5k on 'Spcx' based on space hype, asking for exit targets after losing money on Roblox.
- Speculative hype around Elon Musk and space exploration.
- Potential for rapid growth if a new rocket succeeds.
- Elon Musk is highly volatile and prone to bad press.
- User admits to being a 'total moron' with poor trading history.
I want to throw 5000 for shares.
Because Elon is volatile. And space is cool. And I consider NASA a bitch for not revealing the monsters hidden on the moon.
Problem is, I'm a total moron. The only other stock I bought was roblox back when it came out. Watched it climb to 100. Then stared at it until it dropped to 30 when i finally sold.
So, this time, I'm selling at 4000. (I assume elon will get some bad press pretty soon, it's that time in the news cycle.)
The question for you gambling addicts is, on the off chance it grows relatively quick because of a cool new rocket.
When do I get out? 6000, 7000?
(and no. I don't want to keep it there for 20 years. I'm not warren buffet. I'm poor, and this is my rare gamble.)