Author sold half his SPCE position to cover cost basis, indicating he still holds the remainder and believes in upside. Community comments echo "this could be this sub's GME" and retail momentum is strong. Retail herd behavior (more "regards" buying) can amplify short-term price surges, creating a self-fulfilling rally. The author's worry about "ruining it early" suggests he expects a quick move. Trade long SPCE on retail momentum, targeting a short-term squeeze or pump, but with caution about peak timing. Retail enthusiasm may already be priced in; the stock could reverse sharply when momentum fades or if fundamentals fail to support the move. Author's partial sale signals his own risk management.
Author sold half his SPCE position to cover cost basis, indicating he still holds the remainder and believes in upside. Community comments echo "this could be this sub's GME" and retail momentum is strong. Retail herd behavior (more "regards" buying) can amplify short-term price surges, creating a self-fulfilling rally. The author's worry about "ruining it early" suggests he expects a quick move. Trade long SPCE on retail momentum, targeting a short-term squeeze or pump, but with caution about peak timing. Retail enthusiasm may already be priced in; the stock could reverse sharply when momentum fades or if fundamentals fail to support the move. Author's partial sale signals his own risk management.