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How long before Rocket Lab leaves the Mahia Peninsula? Some locals are unhappy and now the Green Party MP Teanau Tuiono has produced a Member's Bill to restrict the launch of military hardware from the site. Not only that but he supports the unhappy locals who say there is an impact on local birds and seafood so cultural assessments are required.
****. WSB has got a hold of it.
My monies on a pump and dump, although where that starts and stops I'm not so sure. Prepare for volatility.
Ok so I had to look up tendies and also WSB as The Bear is not familiar with that lingo either JT :confused:
So apparently Tendies is a term Reddits Wall Street Bets WSB use to mean financial gain on the stock market :cool:
Wall Street Bets (WSB) is the Reddit forum that's been ramping and pumping stocks and leaving the latecomers holding the bag i.e. the GameStop rise(s). They can break a company and its share price for a period - as price discovery goes out the window and mania sets in. I think I'll change to an averaging-in strategy for this as I was wanting to hold for a long time, but its gunna be a mess for the SP.
The price of RKLB will be volatile for a while I would swing trade it and take profit but not comfortable on missing gains. Just an FYI this isn't a staple stock of the WSB forum like GME, AMC, $WISH, PLTR etc but it will get some pumps when some ape drops a decent DD post or when RKLB goes to the moon/mars (which will be meme'd and posted non stop).