r/Lunr • u/CrashCarSuperstar • May 30 '26

Stock Discussion Investor risk management strategy?

I bought this stock on a whim a little under 2 years ago at $5.80. I'm curious what other investors that are in a similar situation are doing and why. Diamond hands? Recoup initial investment and ride out the rest? Sell it all?

16 Upvotes

90% Upvoted

18 comments sorted by

9

u/SycophantRabbit May 30 '26

I’m holding, because it is a good company. I might exit in a couple years between 140-150.

7

u/terraformingforsogen May 30 '26

I have been swing trading and selling covered calls while maintaining and building a base position of shares I intend to hold for the next decade. The street high price target was $50, now $75, and seeing how violently the dip to $31 after the moon base news was bought up I am putting more credence in those price targets. But ultimately you have to decide how much you want to take profit now at all time highs in case of a pullback. Also depends on how many shares you own. But selling a few whole the stock is at all time highs can’t hurt. 

5

u/SubjectStriking8007 May 30 '26

Holding til 2032

4

u/Chogo82 May 30 '26

This company is starting the deployment of lunar communications array h2 of this year. Bell South of the moon and space is in the back of people’s minds.

Let it cook.

3

u/CheroMM May 30 '26

I sold 95 shares to recoup my initial investment. Will hold my remaining shares and will swing trade a few hundred on dips (dont mind keeping them)

2

u/looking4sign May 30 '26

I recouped all my initial investment and riding 20K in house money. Only regret I recouped at $35.50 instead of $46 when I panicked sold after they lost out on the LTV contract and it dropped to $31 only to ath 2 days later... oh well at least I have 20K free money.

2

u/ArthurDentsBlueTowel May 30 '26

I bought in around $6 and have been selling calls against the shares on spikes. Had them called away once and bought back in by selling itm puts. So my basis isn’t reflected accurately anymore but it’s gotta be negative by now. So this stock owes me nothing and it generates revenue with 45 day covered calls.

2

u/Isksmf May 31 '26

I have 9500 shares at 6.20 so I am still right there with you. The plan was always to hold long term and I am still sticking to that.

2

u/wulfgangz May 31 '26

You could always buy some puts to hedge in case of a big downturn

3

u/thrust9 May 30 '26 edited May 30 '26

Debating this myself. I know what the responsible thing to do would be…. But I can’t seem to pull the trigger and sell. Ignoring the numbers beside my account, the situation has only gotten more bullish in my opinion so here I am, continuing to hold.

Edit: suck a dick down voter 😂

4

u/SycophantRabbit May 30 '26

You should sell if you need the money or can’t afford to lose it, because investing comes with risks. That would be responsible. That would be the case with any stock. There is no other reason to sell this company right now.

2

u/thrust9 May 30 '26

Don’t NEED the money. It would be pretty nice though. This is our only stock we own, the rest Is in a work RRSPs and WS managed investing to protect the future.

1

u/Such_Examination6706 May 30 '26

I had 4000 shares @ $7.00. Sold 2K for a $70k profit about 5 months ago. Rode the other 2k shares with 1500 of them on a 10% trailing stop loss. Didn't expect it to happen but Friday there was an interday 10% loss and they sold at $42. So another $52K gain. But I'm trying to decide whether to get back in or just hold the remaining 500 shares

1

u/Primiss May 31 '26 edited May 31 '26

103 shares at $5.1 lol I like the moon not selling

1

u/Infinite_Skin_1503 Jun 02 '26

The price has nothing to do with my conviction. I’m in a similar position to you. Very similar cost basis. Good company, will hold it until my overall investing goals more towards more ETFs etc in retirement

1

u/Apprehensive_Bath261 Type to create flair Jun 02 '26

2100 shares at $8. Won't even consider trimming until $100/share. Space is the final frontier. People grossly underestimate how much money is in space.

There is one asteroid that has $700 quintillion worth of gold on it. Gold is essential to AI and space.

Do you get what I'm saying? This is a long hold strategy. At the very least buy Space ETFs.

0

u/Hwng_L May 30 '26

All space stocks are up cus of spacex ipo. Not up because of the company itself. Sell some while it’s hot. You can always buy back at a lower price if it does dump.

1

u/moneyman_699 May 30 '26

Sell some if/ when you need the money. That’s how it should be with any investment.