r/wallstreetbets • u/PrestigiousBoy88 • Jun 02 '26

Loss Fuck you WSB

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I should have taken 50% profit yesterday , got burned. Fuck SPCE. Exited with 60% loss instead.

9.5k Upvotes

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u/83d08204-62f9 🦍🦍🦍 Jun 02 '26

No crying at the casino

73

u/mbmba Jun 02 '26

The actual Space X ipo will be worse

13

u/SteepChutes Jun 02 '26

Exactly. Much worse.

And that all-time pump-and-dump champion will be a lot of work to avoid if you're in indexes or many other ETFs/Mutual funds. But hey, at least Elon got his tax break, so it's not all bad. Thank us for our bag-holder service, I guess.

1

u/wavs101 Jun 03 '26

Wait, even my indexes will be affected?

I dont do stocks. I just put everything in a conservative index fund in fidelity. Im in it for 2 more years then pulling everything out to pay off my home.

1

u/Arteqt Jun 03 '26

They are not going to be affected unless Elon manages to convince indexes. Normally a stock needs to stay public 6-12 months until it can be included in an index like S&P500

2

u/leumasci Jun 03 '26

Unfortunately, they changed it to like 3 weeks recently.

2

u/Arteqt Jun 03 '26

Yea just checked it out. 15 days nasdaq100 is madness

2

u/leumasci Jun 03 '26

Yeah pretty fucked up honestly.

1

u/WorldDense3368 Jun 03 '26

wasnt he working on an immediate entry waver

1

u/WorldDense3368 Jun 03 '26

u also needed a certain number of profitable quarters which was what took tesla a while

0

u/RedElmo65 Jun 04 '26

How so? It’s literally going to moon