KATechicianOPGM 1:
The company has albeit no debts, zero revenue .. in terms of IV, $$Virgin Galactic (SPCE.US)$ is trash right now .. the price may be high, but it’s fueled by retail investors, most of which didn’t do DD, just riding on the hype and news ..
To those who bought the rumors, (20-30) congrats to you ..
To those who bought at 50-60 per share .. good luck (you’ll need it)
KATechicianOPGM 1:
Yes .. I wanted to buy $$Virgin Galactic (SPCE.US)$ today .. but when I saw it’s price history and valuation, I scraped the idea of buying.. remember, virgin was once profitable .. but it’s not now .. the only possible way for it to be a value stock is if its first space flight is a booming success .. let’s hope it is ..
GM 1 : Pls kindly enlighten… how is this overvalued today :)
BuddyAPE GM 1: obviously bull trap
KATechicianOP GM 1: The company has albeit no debts, zero revenue .. in terms of IV, $$Virgin Galactic (SPCE.US)$ is trash right now .. the price may be high, but it’s fueled by retail investors, most of which didn’t do DD, just riding on the hype and news ..
..
To those who bought the rumors, (20-30) congrats to you
To those who bought at 50-60 per share .. good luck (you’ll need it)
KATechicianOP GM 1: Yes .. I wanted to buy $$Virgin Galactic (SPCE.US)$ today .. but when I saw it’s price history and valuation, I scraped the idea of buying.. remember, virgin was once profitable .. but it’s not now .. the only possible way for it to be a value stock is if its first space flight is a booming success .. let’s hope it is ..