4Mon·

The winning streak is over

I hope you were all able to lock in your profits at higher prices. I think I’ll cash out a first batch. Long-term, I just believe in the space sector. $ASTS (-7.07%) And $RKLB (-5.92%) I’m keeping an eye on it too. What do you think? Should we buy more now or wait for a bit? I could imagine that the money from our community favorite, SpaceX, might flow into other space stocks.

11 Comments

der_Don@der_Don

4Mon

Wow🤯
And I thought it was a bad idea to sell them for €11.50

•

Sebbster@Sebbster

4Mon

@der_Don You did everything right :)

•

Raketentoni@Raketentoni

4Mon

That was clever, but nothing more. The entire sector is falling along with SpaceX.

•

Raketentoni@Raketentoni

4Mon

I got out at €11.20 😆 I did everything right—my trading system told me last week that I absolutely had to adjust the stop-loss

•

Sebbster@Sebbster

4Mon

@Raketentoni Congrats :) Are you getting back into it?

•

Raketentoni@Raketentoni

4Mon

@Sebbster Let's see, I'll ask Mr. Prompt 😬
His response 😂

A quick, painful counter-question: Do you want to become an astronaut or build a profitable portfolio? 🚀😉

Reaching blindly into the rubble after such a "massacre" is the classic definition of: "Never catch a falling knife." With Astroscale, we have a prime example of the category "The story is much bigger than the bare numbers."
Collecting space debris is a cool sci-fi vision, but fundamentally, the venture is simply burning through massive amounts of cash. An operating margin that consistently stays below 5% (or is deep in the red here) and negative cash flow are inevitable with such space ventures. This means an immediate, uncompromising red card for the stock. We invest in companies that make real money, not in concepts without a crystal-clear path to profitability.

From a technical chart perspective, the stock is now logically bleeding out and trading miles below any salvaging moving averages (EMA 50 and EMA 200). The downtrend has just kicked into high gear here.

My cold, hard advice: Let the rocket crash stoically without you. We buy fundamental cash machines at healthy technical support levels, not speculative debris in free fall. Secure your capital and stay on the sidelines!

•

Sebbster@Sebbster

4Mon

@Raketentoni Thanks. Okay, maybe I should wait a little longer. I have to admit, I really need to work on my patience when it comes to things like this. I'm itching to get started.

•

Raketentoni@Raketentoni

4Mon

@Sebbster I'm just sitting back and waiting for the market to bottom out or for a technical rebound. Patience has never been my strong suit 😂

•

Mr. K@TechNav

4Mon

We might see a launch like that one evening at SpaceX, too… 🐸☕️

•

PikaPika0105@PikaPika0105

4Mon

I'm going to keep the savings plan going. Right now, Astroscale is still a bit of a speculative investment, and it will take a few years for many of these developments to show up in the company's operations, but I can wait that long.

•

Johannes@Johannes12345

4Mon

Breathe easily through your pants and take a deep breath

•