LUNR Q3 Balance Sheet reflects potential miscalculations in the Nine Months Ended column. Revenue is over-reported by 384K. Similar errors may be found in total operating expenses and losses except these are under-reported by several million. These miscalculations could lead to a misguided and overly-optimistic 2024 annual report. I notified the company of the discrepancies.
LUNR Does anyone have some information or a link regarding the Warrants as I can’t find anything as to what they represent and within what time line. I was thinking of buying them six months ago, but decided not to because of the lack of information and now I see that they are up 1000% this year.
LUNR I was just looking at the Price to Sales Ratio for the Space Stocks in my watchlist…. I haven’t delved into much of the Fundamentals however with how much LUNR has in the Pipe it should move up 6x and VSAT 20x… ASTS……. 1542x. 😆 RKLB……. 31.35x SIDU…….. 3.67x LUNR……. 4.33x VSAT…….. 0.24x
Perhaps this is why LUNR has such strong support after each dip.
LUNR Well from the 2 hour chart, I previously mentioned a close at $12.36 would be Bullish but on the daily chart it could convert to a rectangle Pattern and Tap Out around $13 so today it hit $12.96. Keep in mind today's move is Ai Driven and any news related in the market space can prompt a reaction. In this case the move I believe was sparked by SIDU 's news and market move. If the trend continues now then a retest of $16 may happen sooner than later.
LUNR Attached are the 2 hour charts for LUNR. Over the past 3 days it has settled into a Consolidation Pattern. The Heavy Red Line is the 100 day EMA, the Blue is the 50 and the Gold Line is the 200 day EMA. If the 50 Bearishly crosses the 200 that will be considered a Death Cross and would spell Bad News for the price.
LUNR Here's another pattern to keep your eyes on. A descending triangle refers to a bearish chart pattern that is characterized by a descending upper trendline and a second, horizontal trendline.... These are fairly reliable however if there is enough support it might maintain the horizontal trendline and then convert to a Rectangle Pattern instead which could see the high end Tap Out around $13.00