SSPC
Leverage Shares 2X Short SPCX Daily ETF
Mentions (24Hr)
0.00% Today
Reddit Posts
Mentions
Yep. I have seen reporting that early investors have a cost basis <= $30 a share. A bunch of these are held by disgruntled former employees who probably want to cash out ASAP. I'm riding SSPC for the next 2 weeks
i also see "rocket to the skies" which makes me nervous about my SSPC
Own SPCQ, SPCG, SSPC, SNK in substantial size. Right now avg gain is exactly 70%. The reason for 4 different etf''s is I am trying to understand INCREMENTAL variances in movement versus news, stock price movement , ETC. Is he smart , that answer is YES. Is he slick, that answer is YES. Q1 report on Tuesday and expected to report arond a $2bln loss. Why go long right now in a company that the CEO openingly states will not turn a profit for the next 5 yrs. Secondly: He owns 90% of the CLASS B shares, typically not a voting security. BUT, Class "B" shares in SPCX hold 10 votes per share, essentally saying he wins every vote regarless how CLASS A votes.
Where's the 3x? I've been collecting money with SSPC for weeks now in my IRA. I think that shit hits $75 by the end of August
Everyone point and laugh at SPCX today! It tired so hard to go up this morning with everything else but NOPE it's dumping. The sooner SPCX goes down the sooner the rest of the space industry can go up again, so buy shorts or SSPC.
Uh... should I sell my SSPC and maybe buy back in later next week?
Did you all re-enter? I’m thinking of jumping on SSPC for bit
All of that crap is true but not the main reason space stocks are being fucked. SPCX holders are shorting the entire space sector as a hedge against SPCX going down like a rock. I think it's Goldman that is doing the product and shopped it around. It's well documented. Until SPCX hits bottom, they will continue to short the fuck out of the entire industry. Could take six months. The irony is that now everyone who owns these other space stocks needs to hold something like SSPC to hedge against the SPCX short. Literally fucking space stock war.
Sitting on SSPC again
Buying some [SSPC](https://leverageshares.com/us/etfs/leverage-shares-2x-short-spcx-daily-etf) to help with the short
Congrats bro. Held SSPC for a while instead of
If you think it is going in that direction, you could try day trading SSPC. However, set a stop-loss order whenever you are not actively monitoring it (for example, while sleeping or at work). If SPCX goes down 3%, you could potentially gain 6% in SSPC, which would help recover your loss. Always cut your losses early (for instance, at 2%). Don’t let losses grow. Focus on growing your profits.