r/wallstreetbets icon Go to wallstreetbets r/wallstreetbets • 16 hr. ago vwin90
$278k+ in LUNR. Here’s how to play DD Obviously do what you want. Not financial advice and whatever.
I posted DD a few weeks back about buying the dip on this stock. Back then it was 22 ish and I predicted it would have some potential dips before going higher. Well those dips happened and I hope you scooped up some longs or shares when it was in the 17s and 18s. If you didn’t, then guess what, you’re not too late yet because it closed last Friday in the 19s and ready to rip over the next two month back into the 20s and through the 30s.
Why?
Because it’s launch season again. Last year they landed on the moon and in the two week run up to the landing, it ripped as news coverage started on the launch, getting your every day Joe Schmo talking about it. Well you’re on WSB, so you might as well jump on it before the rest of the country finds out that we’re about to land on the moon again.
Launch window opens the 26th. That means the run up is about to start. I wouldn’t be surprised to see it open up tomorrow already in the 20s, but don’t fear: any entrance in the 20s is a good entrance.
Last year the stock crashed a few days after launch. Why? It wasn’t a pump and dump. It’s cause the lander tipped over after landing. Is it going to tip over again? Highly unlikely. They spent the last year tripling and quadrupling up on their engineering to make sure that this time it’ll nail its position as the de facto lunar landing system of any US moon missions for the next few decades.
I wouldn’t sell before launch. I wouldn’t sell after landing either. There might be some profit taking dips, but the stock is just going to keep going up as their successes materialize.
Even AFTER it lands and literally moons, you’ve got earnings happening in late march a few weeks later, where they’ll break down their successes to the press and announce their plans moving forward as space missions expand. Expect that earnings report to be massive as well and at the very least, hold your plays for the run up to that earnings before making your decision to exit right before earnings or hold for another hit.
You want a short term play? This is it.
You want a long term play? This is it.
Scared about tariffs and economic conditions like inflation and rate cuts? LUNR is its own thing. NASAs doing this no matter what happens to the economy because the new space race is here. Go google articles about China’s recent moon efforts.
I’m not saying that this is your last chance to get on. But this is your last chance at getting on before it becomes way more expensive. Get your ticket stamped and hold on for the ride for the next 8 weeks.
PTs:
25 by launch day 30 when it lands 35 a week after it lands 40 after smashing earnings 50 end of year 100 when it lands with a human inside by the end of the decade
Positions:
12,000x shares 90x calls (18c 3/21 which I’ll roll for 3/28 after the landing)
$278,850 total and more than half my account.
Add it to your watchlist and watch it make history (for your bank account).
r/wallstreetbets - $278k+ in LUNR. Here’s how to play
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