WesCapital P2P

#SpaceXErases$1.2TInMarketCap $SPCX  — $1.2T erased in 27 days. From a June peak of $225.64 to a fresh all-time low of $108.66 today. Currently ~$110.94, still down over 50% from the high. Why it's bleeding: 💥Only ~5% of the float has traded so far. The real supply shock hasn't hit 💥August 10-11 — first 20% lock-up unlock triggers. The 52% crash happened with minimal float; when 20% of locked shares can sell, real price discovery begins 💥Morningstar fair value at $62 — valuation still pricing in xAI/orbital data center promises with zero operational payloads in orbit Betting against the crowd: 💥ARK Invest just bought $14.1M $SPCX — contrarian accumulation at 52-week lows 💥Binance launched $SPCX/USD1 perps — institutional access expanding 💥Smart money short from $163 closed at $136 with 327% profit. The easy short is done 💥Q2 earnings ~Aug 4 — Starlink is cash-flow-positive with 3M+ subscribers. First public quarterly report could surprise 🎯 Trade Setup 💥Entry: $100-$110 — wait for a reclaim of $110 with volume. ATL is $108.66. Don't chase. 💥Stop: $95. Below → $80-$85 zone. 💥Targets: $140 → $160.  💥R:R ~2.5:1. The wildcard: Unlock has been priced in for 3 weeks. If Q2 earnings (Aug 4) surprise to the upside, short positioning creates a squeeze into the unlock event (Aug 10-11). Invalidation: Daily close below $95. Crowd fear > fundamentals. Wait for $75-$80. Not financial advice. $BTC $AMZN #IntelRises9%AfterHours #SKHynixSlumps11%OnAIChipSelloff #KRXHaltsKOSPIAfterChipSelloff #USStorageStocksExtendLosses