Rocket Lab USA Inc.
RKLB has a small dip this morning. With Tim Dodd's (Everyday Astronaut) new interview with Founder Peter Beck, I'd expect to see movement . Transparency like this is amazing in this industry-- I'd love to get your opinion on the outlook. (link in comments)
RKLB -space is the future and they’re already making money on it. MRNA - flush with cash, the future of medicine ABNB - the future of vacationing and they’re business model is profitable GNRC - incredibly positioned in the energy storage industry. Several use cases for their products and management is effectively innovating their scope.
Rocketlab (RKLB). Real deal spacelift company. Not doing stupid stuff like space tourism, has a real-life old school self-made engineer as CEO, and was able to lift 26 successful launches. Governments are out of the near-orbit spacelift business, so RKLB has a lot of room to grow. Competitors like Virgin Galactic and Blue Origin wasted their time with space tourism which was just stupid. SpaceX is much bigger competitor (>170 launches). Of course, RKLB way overvalued using any traditional valuation metrics, but we're talking about growth stocks for 10+ years.
It’s amazing to me that WSB ppl don’t know about this stock yet… Second company behind SpaceEx in launches per year (12 this year projected, doubling next year). Deals with NASA, rapid launch ability with pad in VA (hello Space Force). Developing direct competitor to Falcon 9 in Neutron (eta 2024). And launches are just a part of the business. SpaceEx = private co $125B valuation RKLB = public co $3B valuation. Where the hell are the moonboys for a literal moonshot stock?
May as well say I was talking about RKLB which ran from my buy in at $4.30 two weeks ago to $7 Friday. It's already released its Q2 and it was good so now it's a matter of overall market strength to keep the rally going. As much as I don't want to try and time the market, I feel as though this rally has gone too high too fast and feel I should sell for a good profit and buy back in on a pullback.
I have in excess of 5,000 shares. Price spike due to favorable earnings and an increase in launch orders. Due to the ban on Russian rocket engine exports to the USA, RKLB and SpaceX have both been getting orders that that ordinarily would have been going to United Launch Alliance and Northrup Grumman. The military will have no choice under its guidelines for buying launch services but to buy more launches from RKLB. I think im gonna do a DD post monday on this.
1,843 RKLB shares @ $4.674 I’ve been DCAing since Burry disclosed his position back when it was VACQ. Bought **very heavily** in the $4 range The space industry is projected to add 1T marketcap to the NYSE this decade. RKLB launches the second most satellites nationally next to SpaceX which is valued at $125b. At **half** of that valuation RKLB is $120~/share. 1/3 of their revenue comes from the actual satellite launches, the other 2/3 comes from “space systems” which includes their recent acquisitions. They are not profitable but aim to be by 2024, and unlike ASTR their rockets work. Check out /r/RKLB for more details
If you have done the serious homework on RKLB, then go with that. It could be up for different reasons and I am incorrectly correlating them. BBY has more than doubled in value and GME has gone up 50% or so since the beginning of the week, or last week. I just checked out the charts and it’s most likely unrelated.
Renewables are a majority of my portfolio with STEM, CHPT, and the CNRG ETF. I'm starting a position in ORGN too since you guys can't just leave me alone without mentioning potentially great companies to invest in. Oh well. Meanwhile, my only none green investment ASTS is doing its own thing. I might take the plunge into RKLB too but I haven't decided whether the former is enough of a gamble on the space industry yet or not.
Buying RKLB (VACQ at the time) for below $10, and setting a sell at $20 just in case it jumped that hard after the merge. It did, more than doubled my money selling it all and have averaged back in all the way down to own a lot more that I started with, with a plan for a long term hold.
I am a RKLB investor but this is just copium. SpaceX tonnage to orbit 2022: >200t RKLB tonnage to orbit 2022: <2t SpaceX valuation: 125B RKLB valuation: 3B RKLB is probably overvalued relative to SpaceX, but SpaceX probably has a low valuation due to its exclusive funding rounds.
while I was still growing my confidence last fall I turned 100$ into 200$ with RKLB and flawlessly executed a trailing stop loss sale - that felt so nice! other than that I finally added a lot of ODFL to my portfolio as it's a stock I've been watching since high school! it's already up 10 percent and I won't sell this one till I'm old and grey. a bucket list item, if you will :)
I bought a shit ton of Equinor ASA since April 2020, and bought more over the last year. The shares I bought last year are now up more than 70%. Overall, I am up like 160%. Current position value is approaching $200k. I don't actively trade this, I just tactically buy it. Good times for oil and energy this year. Made a lot of money trading USOI while collecting the coupon (don't have capital gains tax here, so it's extra fun). My worst performing "largeish" position is r/PLTR where I am holding a small five figure bag, but I don't mind it. I am averaging down multiple times a month. Worst performing positions are of course (former) SPACs such as SOFI and RKLB (formerly VACQ). But I am staying in those.
Up a couple of percent after today. I didn't buy anything (besides ibonds and paying taxes) from Nov-March. Between May and July I put about 30% more cash into stocks and just kept buying the bottom. I am also more than 25% into RKLB, so that also distorted things.
At the moment it's hard to tell. Getting into RKLB at 10 then watching it go to 3 kind of hurt, but it's back up to 7. Now I'm wishing I had more confidence in it last month. I wasn't dumping it, but I could have tripled up for cheap and been clean and green by now... Oh well. Hindsight is a trailing indicator.
I found [https://www.benzinga.com/news/22/08/28477280/why-twin-vee-powercats-is-trading-higher-by-around-90-here-are-84-stocks-moving-in-fridays-mid-day-s](this). Copied from there: >Rocket Lab USA, Inc. RKLB rose 17% to $6.87 after the company reported better-than-expected Q2 sales results and issued Q3 sales guidance above analyst estimates.