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Stocks & Markets Analysis
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Bailee
joined discussion12/30/2021 20:03
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My play for 2022 & Beyond

$Virgin Galactic(SPCE.US)$ Virgin Galactic has gotten beaten down badly and rightfully so. They're getting investigated and every time Blue Origin has a successful launch, it makes SPCE look that much worse. They have tons of money left to burn, and they plan to have monthly launches starting January 2023. I bought shares with this one since the LEAPS don't offer attractive leverage and IV is very high. It can very well go back to the $30-50+ range, from the current $14 price tag if these launches come back without any issues.
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