expects IPO-day pop, but ~6-month bleed-out.
SPCX is likely to pop on day one from thin float and forced buyers, but long-term it bleeds out over the next 6 months.
Thin share supply and pent-up demand can drive an aggressive day-one pop, but the stock is expected to unwind after initial excitement. The key headwind is the combination of likely selling pressure post-IPO and difficult-to-execute fills for most traders, making a long-term hold unattractive.
"This $4 SpaceX Stock Is A Hidden Gem"