Intuitive Machines, Inc. stock forum
LUNR 16-15 possible.
LUNR Once you’ve read that article I posted you’ll quickly realize that BofA was acutely aware of the net affect of the warrant buy back when they initiated coverage at $16…. I’m sure that they then actively began shorting at $22. So this is now a matter that the current price had already built in the IM2 launch having risen over 500% this past 10 months. Although there may be a spike next week as news hits the airways of the successful launch and on March 6 an expected successful landing the move will likely be quite tempered because of the warrant expirey also on March 6th so the impending pull back and subsequent drop to $18 - $16 should be quick. If you have an opportunity to lock in profits don’t wait for a moonshot price because technically we’re already there.LUNR As I had said the other day that the Warrant Buy back especially at this time was the equivelant of having Torpedoed their own boat.... Of course long term the net affect is good.LUNR After having tried to disseminate the affect of the Warrant buy back, somewhat successfully, I finally found this article that breaks it down clearly.... barchart.com/story/news/30962725/intuitive-machines-buys-back-its-warrants-heres-what-that-means-for-you
LUNR crazy day on LUNR but whats trading without a little volatility, easy scalping dayLUNR See my last Mind Post at the LUNRW forum. The system here won't allow me to repost it now.LUNR LUNR buying back the warrants effective March 6, the date that IM-2 should be landing on the moon is imho what is killing any rally at the moment but I still think there should be a short term spike next week with a very quick pull back. I think the long term trend before year end would push the Stock above $30 once NASA Revenues kick it into high gear, but for now the best part of the movement may already built into the current share price.LUNR A million shares have already been sold in the first 10 minutes of the market open. 6 days before launch, who would be selling?? I can only think of Bank of America
LUNR Official press release now on Intuitive Machines website. IM-2 is NET FEB26
LUNR Possibilities:☝ Continue daily rising channel to 30 and next dip entry will be at 25ish.
➡ Stay in channel at 18/20/22
👇 Daily HnS Dip to $13 support/200 ema.
Good luck.
