Jun. 7 at 1:36 PM
$VELO I like the concept of loading back at
$15 here IF the overall market can stabilize especially ahead of
$SPCX.X next week. Another move to 20 may be in the cards. But from a return perspective I am all in on
$DDD here. It can easily rebound to it's recent
$4 level which it hit last week if the market flips back and with Q2 ER in August it's achievable. From there, unlike VELO, there is much more untapped upside as we are still below the
$5 PT (and beyond). If the market continues to be ugly well then you could see a
$12 on VELO and
$2.60 on DDD which is where I feel both bottom out. These are certainly not levels we should be selling out IMO.
