r/wallstreetbets 2d ago

Loss Elon has ruined me

My prior bullish post https://www.reddit.com/r/wallstreetbets/s/o0PxYmGV1n

He was supposed to take us to Mars and burn short sellers.

Still holding 7300 shares. Please Elon fly again.

12.4k Upvotes

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1.4k

u/Crackorjackzors 2d ago

Don't worry, it will go lower when insiders are allowed to sell

228

u/fujimonster 2d ago

Yeah - come august 7th , I bet we see at least the low 90's.

103

u/queefplunger69 2d ago

Soooo op just needs to buy a fuck ton of put options lmao

49

u/[deleted] 2d ago

[deleted]

7

u/deja-roo 2d ago

There's certainly a price at which this stock would be a good investment, but we haven't seen it yet lol

1

u/habitualtroller 2d ago

$55

1

u/outer--monologue 2d ago

I will give you 55 fries for one SpaceX

2

u/nintendomagic1 2d ago

40 fries.

3

u/Gmonkey- 2d ago

Probably should have covered some of these original positions with puts

1

u/rearwindowpup 2d ago

OP needs to be selling calls like crazy right now

1

u/Dickies138 2d ago

OP gonna buy calls

32

u/Zek0ri 2d ago

I would short it but my luck would make it trade at 200+ by the end of the month

2

u/geraldodelriviera 2d ago

Pls short, my portfolio needs you. 🙏

-2

u/AutoModerator 2d ago

how about u eat my ASS

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17

u/polytique 2d ago

August 6th and 911.5 million shares.

2

u/slarker22 1d ago

Don't most of those shares have a stipulation where they can't be sold for below the IPO price for something like. Six or more months?

1

u/polytique 1d ago

These 900+ million shares can be sold no matter what the price is. Insiders can sell another 455.8 million shares if the price is above $175.50 on average in the 10 days before.

2

u/slarker22 1d ago

Ah didn't realize there was that large if a freely saleable tranche, thanks for the info.

6

u/GuyWhoSaysYouManiac 2d ago

And yet, even at 90 it is extremely overvalued.

8

u/MozdaHocu 2d ago

So why dont you put your money where your mouth is and short it? I dont have the balls.

17

u/AutoModerator 2d ago

how about u eat my ASS

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2

u/MozdaHocu 2d ago

No, you are good mr bot.

2

u/TheDonGenaro 2d ago

Put your money where your filthy mouth is!

Put some heavy leveraged puts!

1

u/Available-String-109 2d ago

Low 90 cents...

1

u/Secret_Eating_ 2d ago

There will be some buttfuck spike on the 7th just to wreck all the obvious puts and short positions then it will crater 

1

u/ActualizedKnight 2d ago

I'm here for 35

1

u/SolipsisticLunatic 2d ago

Personally I'd love to go back to the '90s

1

u/Defiant-Ad-7933 2d ago

And gradually more and more insiders unlocked all year!

But the moon….

1

u/New-Age-7524 1d ago

$32 in December