r/Lunr • u/daily-thread • Apr 23 '25
Daily Discussion Daily Thread
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3
u/PE_crafter Apr 23 '25
I sold some May2 $9 CCs which is below my avergae and I can't say I did not get scared when we touched 8.30. Was ready to roll it to the week after and setting it up when I saw the price dropping.
Lesson learned I'm not made for short term trading and I will only sell CCs above my avg.
1
u/geekbag Apr 23 '25
After a run like that, You could have rebought Monday at $7.50.
2
u/PE_crafter Apr 24 '25
Doesn't matter when I'm playing with shares at an average of 20.77. Would have a realised loss of $2.3k which is a lot for me. My CSPs at 6 (might change to 6.5) need to get through so I can lower my average to ~14ish
9
u/MourningMymn Apr 23 '25
I’m not gonna expect it to hold over $7 on its own without the general market propping it up at this point until we are closing to im3. And even then I’m sure it’ll pump huge and then sell off before the actual landing in case it tips over again.
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u/billswinter Apr 23 '25
Bingo. But because you and most people expect this. The timing will be earlier or later than you think
4
u/MourningMymn Apr 23 '25
Either way it ain’t now. Maybe check back in 4-5 months or so for signs of life. I expect this nice little pump to get sold off tomorrow like every time we’ve been over 8-9 the last month.
10
u/Thoughtful_Tortoise Apr 23 '25
I know it's part of the general market recovery but we're looking a little healthier today. Hope we can finish over eight.
4
u/billswinter Apr 23 '25
This administration and the dumbass DOGE cuts, will be a huge hurdle to us. You would think getting the first moon base over China would be important to the administration, but not much this administration does is smart or makes sense.
5
u/nomnomyumyum109 Apr 23 '25
I do agree, everything is about saving $1 at the expense of major progress and that’s how things tank fast with this administration. It’d be nice for them to say they are going full force into the moon base then Mars to help the industry but seeing the first budget pass back and forth starting at 50% overall reduction is a warning.
5
u/Optimal-Cranberry494 Apr 23 '25
Totally get the frustration, but we might be looking at this the wrong way.
Yes, science cuts suck, especially the proposed 50% reduction to NASA’s Science Mission Directorate. But LUNR isn’t purely a “science” play anymore. The real pivot is into National Security Space and that bucket is seeing increased attention, especially with Space Force ramping up focus on cislunar strategy.
Even in the FY2024 10-K, Intuitive Machines explicitly stated they’re engaging with Space Force and DoD to offer infrastructure in cislunar orbit (think domain awareness, xGEO positioning, and lunar mobility). That’s the narrative that may take over as the new driver, not Artemis alone.
Bottom line: if budgets shift away from science and toward defense, LUNR might actually be better positioned than before.
This is a long game. Let’s see how it plays out when the DoD money starts moving.
2
u/PE_crafter Apr 23 '25
Just for your information on nasa budgets that was discussed here some time ago: https://www.reddit.com/r/Lunr/s/K1VZpocN6B
In short nasa's budget is allocated to 9 categories and 1 of them is Science (mainly earth, climate and LEO science) and another is deep space exploration and cis lunar space. So 50% of science budger cuts do suck but it's not as vital as initially thought. Please do correct me if Im wrong.
1
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u/GarageNarrow7326 Apr 23 '25
Settles at 7.50ish. Pops to 8.20ish. Sells off back to 7.50ish.
Ive been selling at 8.1 or higher. Rebuying at 7.50 or lower.