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If your principal is $300k
Buying the dip at 160 dollars $SPCX for 276 shares
For each 1U, you lose 276U, and now it’s 107—you’re losing almost $100k
If you think SPCX will bounce back, then you bought the dip at 155
When it dropped to 145, 145 dropped to 135, and 135 dropped to 125—basically you’ve been losing the whole time
And this downtrend hasn’t stopped—it keeps going down
So opening a short isn’t to harm you; opening a short is to save you
SPCX is really a super invincible piece of trash, it won’t go up at all #SpaceX