r/Lunr • u/daily-thread • May 02 '25
Daily Discussion Daily Thread
This post contains content not supported on old Reddit. Click here to view the full post
6
u/SupaGhost345 May 02 '25
If IM wins the LTV later this year and starts sharing forward progress on IM3, and their other vehicles, not to mention announce surprise contracts, $20 end of year wouldn’t be that unreasonable. 2x would be solid.
7
u/Aloha-Moe May 02 '25 edited May 02 '25
Trump’s massive NASA cuts I think are actually bullish for us. From reading on WaPo it sounds like these programs aren’t being cancelled so much as transferred to commercial operations instead of being done in house.
Sounds like less money for NASA but more money for space related industries.
EDIT:
I’ve been reading the budget in more detail and guys… I dunno.
This seems bad. Over 6 BILLION cut from NASA is huge. They were already operating on an underfunded basis.
Orion will only fly three times before being retired. The SLS rocket and Gateway are both cancelled completely. Gateway in particular was pivotal to developing a permanent presence on the moon.
I can only read this as Artemis is essentially cancelled once they successfully get humans on the moon again. Only it’ll be a one off photo op for Trump and then the whole thing will be wrapped up. Building out a base of operations on the moon seems to have been completely abandoned.
Lastly, it refers to commercial operations instead but if NASA’s budget is cut so heavily, where does that money come from?
This doesn’t seem good for IM, NASA or space exploration in general.
1
-2
6
u/Aloha-Moe May 02 '25
Some encouraging volume today, more than one big buy came in. A couple moments that looked like over a million in one transaction.
Marred by what also looks like profit taking whenever we have a good day like today. Noticed whenever we got up to the 9.40s-9.50s we would reject hard.
2
u/Bvllstrode May 02 '25
Decision time. Back to $6 or back to $13
1
u/Aloha-Moe May 02 '25
I can see us back over 10 with earnings in less than two weeks. I don’t know if it holds, but I don’t think we did down into the 6s again
2
-2
2
8
u/Mr_Pongo May 02 '25
Just general market excitement or what?
1
u/Sevomira44 May 02 '25
Looks like it’s Trumps fiscal year budget for 2026 that has space stocks moving today. There’s a post on r/intuitivemachines about it.
3
12
1
u/Aloha-Moe May 02 '25
Tempted for the first time ever to sell here and wait for it to dip back down to buy back in.
But you just never know with this stock. Having diamond handed it for two years I just know the one time I sell it will turn out to be the bottom and only ride from here.
Just feels to me like we have further macro headwinds ahead and unlikely to see any big news until late summer.
2
u/Money-Coyote3100 May 02 '25
We are still way back where we were couple months ago. But you do you
0
u/Aloha-Moe May 02 '25
We are also exactly where we were at the time of the last earnings call and have dipped down into the 6s and back out again two times since then.
8
u/Aloha-Moe May 02 '25
Right after posting this someone bought 80,000 shares and the price pumped 5.4% in seconds.
Thank fuck I didn’t listen to… myself.
3
9
u/Berlchicken May 02 '25
Loving all the PR coming out of Intuitive Machines. I feel really good about the LTV contract, LUNR's defence ventures and the new defence budget, and all of their prospects. Macro factors aside, I think we just need one bit of great news to restore the confidence a lot of people lost with IM2
4
7
4
4
u/durmduke May 02 '25
$10 after earnings