DOW 0.00%. You can also make money using options with SPCE but thats if your risk tolerence is high af. 6. If they start up operations by 2021 (doubtful) they will have a few years where they are the only ride in town. card classic compact. Thats why he wants you to fund SPCE and it's a publicly traded stock. The answer should be obvious if you have done your research. report. r/stocks: Almost any post related to stocks is welcome on /r/stocks. Don't hesitate to tell us about a ticker we should know about, but read the … Press J to jump to the feed. Real-time trade and investing ideas on Virgin Galactic SPCE from the largest community of traders and investors. But the bottom line is that this is speculative. Why spend 250k when you can get the same experience with SpaceX's planned point to point travel for likely 5-50k? This thread is archived. Its overvalued - even at $15, its overvalued as a growth stock. Members. Think about how close Elon was to being bankrupt and only succeeded with his final launch attempt. Posts WIKI. Bezos has outrightly said that he will fund Blue Origin with $1B/year from selling his own Amazon stock. I see it as a buy right now. Elon Musk's literal dream in life is to go to Mars. 117%. Falcon 9 costs 62 million (ok a lot more) but a payload of 22,000 KG. Press question mark to learn the rest of the keyboard shortcuts. S&P 500 0.00%. Just look at Uber & Lyft. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. User account menu /r/space: news, articles and discussion r/ space. Join. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Created Oct 8, 2020. Virgin Galactic 27.29 3.01 … While the fundamentals are still this murky, the only guide to … I would suggest only to invest in it with extra funds and to be prepared to sell at anytime. With 73.8% gains over the past year, SPCE has outperformed its industry peers. Source: Charts by TradingView. I like SPCE but i'd hold off until it falls back to $16 or $15. Dumping your money into SPCE is a bad idea unless you want to try and get lucky on a gamble that won't pay off for many years (3+). If they expand their business they’re still operating in a market with strong competition from government subsidisation and more technically advanced companies happy to operate without profit. That guy will spend everything he has to do it. NASDAQ 0.00%. Btw - I’m a huge believer that space is the future, but it’s very unfortunate that the winner spaceX is not available to invest. As we've seen with Gamestop, when a high-short-interest stock is bought up, and held for long enough the short squeeze can create *dramatic* results. Their rocket costs 12 million per launch and has a payload of 300kg. share. What do you think about SPCE short and long term? Low for future space travel if you ask me. SpaceX has billions in funding, can actually get to orbit, has vehicles ACTUALLY in development, and has long term prospects because they will be capable of going into deep space, not just sub-orbital nonsense. https://www.reddit.com/r/stocks/comments/hlj4gq/spce_a_stock_for_the_future/ save. Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Almost any post related to stocks is welcome on /r/stocks. Bought in at $9 rode it to $38 and sold. SPCE. Bottom line, there's not much risk on pulling the trigger right now. Check out our wiki and Discord! View real-time stock prices and stock quotes for a full financial overview. card. Find out the direct holders, institutional holders and mutual fund holders for Virgin Galactic Holdings, Inc. (SPCE). Log In. I think it fell back down to earth (pun intended) and now people are rationally trading it. I do believe in this stock, as I've listened to podcasts and interviews of the current leadership team. Hot. Latest Stock Picks Investing Basics Premium Services. New comments cannot be posted and votes cannot be cast. Log In Sign Up. A fun informative place to report news and discuss stocks related to the growing space industry. 0. Long. On Feb. 20, SPCE stock hit an all-time high of $42.49. SPCE, strong in a weak market . Both are backed by billionaires that have income from other non-space companies that exceed 100B market cap where Bezos and Musk are worth 160B and 40B each. It went up 17% today with that announcement which makes me happy. SPCE is a cash burn and is unprofitable right now. The deal SPCE made with NASA yesterday is about transporting astronauts to the ISS, which will generate revenue, but like I said, no profit. Since then, I have been DCA'ing down whenever it hits a new lower resistance. Before the NASA contract it would get to the $17 dollar range, fall down to 14 and then come back again. Thought about getting back in... New comments cannot be posted and votes cannot be cast. SPCE’s product is effectively very high flying planes ... it’s like fake space. Yeah, that kind of happened before the pandemic. Revenue will increase from $0 to above zero in 2021 onwards, but even with increasing revenue, there is no profit. In the near future, however, the space industry will have to settle for more modest goals – like returning to the moon. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. I have an AI script and it just recommended me SPCE, I'm on the same ship with you. Real-time trade and investing ideas on Virgin Galactic SPCE from the largest community of traders and investors. Rising. Almost any post related to stocks is welcome on /r/stocks. The only chance for success Virgin has is if once StarShip is a reality, they completely give up on manufacturing their own vehicles because they lack the capital to competitively do so, and instead purchase StarShips that they then use for tourism or travel in the same way that airlines don't manufacture the planes they use. SPCE - A stock for the future? SPCE. It only has 2b market cap. 7. SPCE isn’t competitive for satellites, it is very restrictive. Stock Advisor Flagship service. Cancel. Just like electric vehicle stocks a decade before, space stocks are set to roar higher this decade as a number of factors come together. Theres a reason SpaceX/Blue Origin are private. This one looks like it can launch higher or stall on the base. I have buys at 15.50, 15 and most recently 14.50. As I mentioned in my prior DD, the short interest on SPCE is huge. You can easily day trade this stock, or just buy the dips and sell the highs. What do you think about SPCE short and long term? They have 0 vehicles in active development. Archived. Since then, I have been DCA'ing down whenever it hits a new lower resistance. Also, if they can make real inroads on hypersonic tech, that would be a game changer for the entire airline industry. I started accumuluting SPCE about 3 weeks ago, and have been watching it pretty tightly since. Can wait a year or two. Hana01. I think it could go up or down based on future earnings and evaluations. A high-level overview of Virgin Galactic Holdings, Inc. (SPCE) stock. Hot New Top Rising. I treat it that way despite trusting in the company leadership. Editors note: This article was changed on Feb. 1 to correct information about the investment strategy and holdings of SPCX. Also, StarShip. SPCE has also had fatal accidents which isn’t very appealing. 3. I totally agree. Rooms Shows Rankings Earnings Calendar Shop. Sort by. Take a look at SQ, DOMO, NET, all companies with real products in hot industries that are leaders in their own right. Thoughts on SPCE? Return. SPCE Stock Charts Guide Investors While the Fundamentals Develop. I've been burned timing the bottom, and I'm a sucker for these public space exploration/tourism stocks, so I bought in when it was at $16 back on June 2. Share your opinion and gain insight from other stock traders and investors. Press question mark to learn the rest of the keyboard shortcuts. Recently, they have been talking about moving some stuff back to England, which was definitely a red flag. It already went through that phase you think that would happen again? I would say there are better stocks with more stable ground that I would invest in if thats your objective. r/space: Share & discuss informative content on: * Astrophysics * Cosmology * Space Exploration * Planetary Science * Astrobiology. Big institutions are offered a price typically lower than their IPO price, after 90 days insiders can and will sell their shares after the lock out, and most aren't profitable. A good entry point and is it worth a stock for a long term growth stock? It seems like it could be huge. This IPO was Branson getting out without losing face IMO. Year-to-date, Virgin Galactic (NYSE:SPCE) stock is up about 9%, but that number tells only half the story of the spaceflight company's shares. Just buy a couple 20 or 25c 2021 and forget about them. Space tourism is not an industry that is easily quantified. Close. I believe in SPCE stock, so even if the 200 MA doesn't hold, I think my position at $27 is a great deal! Reddit is moving forward with an initial public offering thanks to its scrappy r/WallStreetBets crowd. 75% Upvoted. There is no sight of profitability soon, at least over the next 3 years. Hypersonic point to point travel? 83% of the float per my community college drop-out understanding and many of the short interest trackers online. Virgin Galactic Holdings Inc - Class A Stock Forecast, SPCE stock price prediction. Also, StarShip. The question you have to ask yourself is if you would rather bet on Virgin Galactic as a company achieving these things first, or SpaceX. User account menu. This is low earth orbit, very high altitude planes and a bit of a con. I do believe in this stock, as I've listened to podcasts and interviews of the current leadership team. Might I add that Blue Origin and SpaceX are going to obliterate Virgin Galactic. One stock in this space we wrote about in a piece titled A Closer Look at the Astra Space Stock Offering. Welcome to r/stocks!. The reason I'd wait is because Richard Brandson is selling stock, and I believe there have been two instances already of reporting of when he sells and the stock drops pretty big, that said, he might be over selling, I don't know. It was on its bottom and slowly making its way up when the NASA contract got signed, so $17 is well within the stocks pre-contract range. Stocks - Investing and trading for all r/ stocks. Honestly maybe even look at Boeing and Airbus. Virgin Galactic Holdings, Inc. Common Stock (SPCE) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. 1.2k. I wouldn't invest my home in it, but I think it's safe for the short run. Losers: Elon Musk unfortunately did not have a very good week. SPCE broke a few support lines and boxed, just like everything else in the high-tech market, with a difference that SPCE was not over-extended from last year anyways. Hot New Top. I've been burned timing the bottom, and I'm a sucker for these public space exploration/tourism stocks, so I bought in when it was at $16 back on June 2. Hot New Top Rising. There don't seem to be any real breakouts, and the stock fluctuates between 17.50 and 14.50. Virgin Galactic, Momentus, Astra, Starlink IPO, ARKX and many more. SPCE, 240. If SpaceX is able to manufacture StarShip for the price they are striving for and attain full reusability, then there is no room for Virgin Galactic in the market. The entire market cap of SPCE is like 3.7B in comparison and Branson doesn't have deep enough pockets to compete. Certainly agree. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. 9 comments. For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our Wiki here.. SPCE stock https://www.reddit.com/r/stocks/comments/hdxmih/spce_stock/ Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Their recent move away from "private space flight" as their primary revenue source to an actual government contract is appealing. Branson is worth 4B. SPCE Stock - When SPAC-Man Chamath Palihapitiya Speaks, Reddit and Wall Street Listen - It still costs $250,000 to fly to space on SpaceshipTwo with Virgin Galactic, so its still reserved for the ultra-rich. Message the mods. I'm going to keep holding. Blue origin, virgin galactic, and space x. Made a good chunk before the pandemic. I'm okay losing my investment completely in Brandon dumps all his shares and the company goes bankrupt. Its best function right now is for traders to capitalize on its high level of volatility relative to other stocks. Find the latest Virgin Galactic Holdings, Inc. (SPCE) stock quote, history, news and other vital information to help you with your stock trading and investing. SPCE | Complete Virgin Galactic Holdings Inc. stock news by MarketWatch. Virgin Galactic stock rocketed in early trading Monday, flying to an impressive 13% gain at first -- and then losing it all. View the real-time SPCE price chart on Robinhood and decide if you want to buy or sell commission-free. That’s a factor of 73 times greater at just 5x the price. I'm in SPCE because I'm a bit of a space exploration fanboy. Join. We have seen another weak market day.
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