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Virgin Galactic falls 17% after space flight. What's your thought?
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Virgin Galactic (SPCE) achieved its space tourism ambition on July 11, taking its founder Richard Branson to the edge of space. However, Virgin Galactic stock fell 17% after the company filed to sell up to $500 million in common stock.
Virgin Galactic (SPCE) achieved its space tourism ambition on July 11, taking its founder Richard Branson to the edge of space. However, Virgin Galactic stock fell 17% after the company filed to sell up to $500 million in common stock.
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$Virgin Galactic(SPCE.US$ 4 million premarket! This is going to “launch” today.See you at 65.00
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I hope he burns in hell.
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$Virgin Galactic(SPCE.US$ any bad new for spce? why drop like this
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I think this manipulation by the SEC needs to stop. Saying its to protect investors is nonsense.Im a grown ass cat. Im responsible for protecting myself. If i wanted to be treated like a child id get married again. These time to time prospectus are bullshit ways to control stock movement up. But they are perfectly ok with sending the stock down to 0. I only lose money one way tho so do tell how you taking my money is protecting me? Are you going to put it back in my account later in the week and say now arent you glad i crashed the stock? Or are the hedge funds keeping it, while they slide you a few million to keep yourself? In closing QUIT FUCKING PROTECTING ME! Have a nice day. ...
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Completed Flight ≠ Profits
I think there are still a ton of limitations towards Space Flight being profitable. I think it will be a while until we see consumer space travel as anything other than a novelty. As an investment i think projects like Starlink are more promising. It has a more practically and immediately profitable future. Virgin Galactic represents the latest in a long line of Billionaires attempting to purchase notoriety.
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This report is evident that the bad mouthing of the SPCE stock has begun. It would be wise to hedge all shares of the SPCE stock. Example, if you choose to use options to hedge your stocks, just make sure the option delta has the same quantity as your shares. In short, 20 shares of stock, is the Same as having an option with a 20 delta. With that you'll be properly hedge and any downside losses will be very minimal if any. Remember where you heard it first. OG Reggie B., SPACE AGE TRADER'S, TEAM LEADER.
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When can get the point ? I want 200points...thanks
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To Infinity and Beyond Baby...
Elon Musk must be giddy... One small step for... you get the idea... Let's go to Mars already
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My thoughts on Virgin
massive sell off coming. Business was bad in 2020. likely that Branson used the space flight to spike the price of the stock for the subsequent corporate sell off. company is likely facing cash flow issues otherwise a large layoff might be incoming.
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