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FLY - anyone jumping in with the drop?

Posted on 6/18/26 at 8:39 am
Posted by Neauxla
New Orleans
Member since Feb 2008
34665 posts
Posted on 6/18/26 at 8:39 am
FLY below $30. Anyone thinking of taking advantage?
Posted by PenguinPubes
Frozen Tundra
Member since Jan 2018
11852 posts
Posted on 6/18/26 at 8:46 am to
Dropped from $60 to $30 in less than a month.. wonder if this has to do with spacex
Posted by michael corleone
baton rouge
Member since Jun 2005
6569 posts
Posted on 6/18/26 at 8:47 am to
Yes. Sold half at 40. Bought some at 32$. Buying more today. Will buy even more at 26-27 if it goes that low. They should have some really good Q2 numbers. I want to get ahead of the report.
Posted by bayoubengals88
LA
Member since Sep 2007
25301 posts
Posted on 6/18/26 at 9:54 am to
$29 is too juicy.
Bought 3 $40 calls expire Jan 2027
6.33 avg
Posted by Texas Tea 123
Member since Sep 2017
329 posts
Posted on 6/18/26 at 10:28 am to
this thing is a fraud lol

doesn't mean you can't make money on it though! good luck
Posted by bayoubengals88
LA
Member since Sep 2007
25301 posts
Posted on 6/18/26 at 10:39 am to
quote:

this thing is a fraud lol

It's early, but I don't find it to be fraudulent?!

THE CURRENT REALITY:
Far from being a fraudulent operation, Firefly is an active participant in the commercial aerospace market.

Space operations: The company regularly flies its Alpha rocket, including successful missions like Alpha Flight 07.

Government contracts: The company actively builds technology for major agencies, including a 75 million dollar NASA contract for its MoonFall initiative and projects with the U.S. Air Force.

Institutional backing: Wall Street analysts maintain a generally positive outlook. Major financial institutions like KeyBanc recently upgraded the stock, citing strong revenue projections and the development of their next-generation Eclipse rocket.
Posted by j1897
Member since Nov 2011
4729 posts
Posted on 6/18/26 at 10:41 am to
yea apparently there's 60 billion in space spending in the 27 military budget, I got bullish jan 27 verticals, lets ride.
Posted by StonewallJack
Member since Apr 2008
1065 posts
Posted on 6/18/26 at 1:07 pm to
I'm in on the options! First one ever!! Probably will crash and burn
Posted by The Egg
Houston, TX
Member since Dec 2004
83794 posts
Posted on 6/18/26 at 1:12 pm to
quote:

Dropped from $60 to $30 in less than a month.. wonder if this has to do with spacex
the run up to 60 had alot to do with the spcx IPO... everything ran with it, MNTS SIDU SATL etc.

Now it's back to earth
Posted by bayoubengals88
LA
Member since Sep 2007
25301 posts
Posted on 6/18/26 at 1:15 pm to
quote:

Dropped from $60 to $30 in less than a month.. wonder if this has to do with spacex

People are just this dumb. Same applies to FLY:
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Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9348 posts
Posted on 6/18/26 at 1:42 pm to
Added shares here.
Posted by Jax-Tiger
Vero Beach, FL
Member since Jan 2005
28012 posts
Posted on 6/18/26 at 1:45 pm to
quote:

I'm in on the options! First one ever!! Probably will crash and burn


Great... now I need to sell mine...



Posted by michael corleone
baton rouge
Member since Jun 2005
6569 posts
Posted on 6/18/26 at 2:08 pm to
They are the only “hot shot” type rocket company in the market. They make small engines that are built for short notice launches and repetitive launches. All small payload type engines. They have already proven less than 48 hour notice launch and 3 launches in 7 days on short notice. They have DOD, Spaceforce, and NASA contracts, along with SpaceX. Their engines were on the Artemis lunar module.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9348 posts
Posted on 6/18/26 at 2:36 pm to
They had a secondary offering two weeks ago. Shouldn’t have any more dilution for awhile. And they go back to the moon at the end of the year.
Posted by SETH6180
TEXAS
Member since Feb 2020
1255 posts
Posted on 6/18/26 at 2:38 pm to
Dipped my toe in, to the moon literally
Posted by bayoubengals88
LA
Member since Sep 2007
25301 posts
Posted on 6/18/26 at 2:50 pm to
Great little recovery here. It recovered better than ASTS.
I ended up with four calls at 6.30 avg.
Up 11% now!
Looking for 150% or so.
Posted by Neauxla
New Orleans
Member since Feb 2008
34665 posts
Posted on 6/18/26 at 2:51 pm to
quote:

Great little recovery here. It recovered better than ASTS.
. and I had a buy set w/ ASTS for $80 that I had forgotten
Posted by bayoubengals88
LA
Member since Sep 2007
25301 posts
Posted on 6/18/26 at 2:56 pm to
Even it's recovering. We are screaming!
I bought down to upper 77s today.
78.43 avg
Posted by bayoubengals88
LA
Member since Sep 2007
25301 posts
Posted on 6/22/26 at 10:26 am to
Trying to be patient here.
Added one more at 6.10
Posted by LSUGrad2005
Member since Aug 2018
867 posts
Posted on 6/22/26 at 12:07 pm to
Are you only buying options or stock as well? BB88
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