Virgin Galactic Holdings Inc
26.8 AMD 24.6 GOOGL 16.8 DIS 16.1 AMZN 7.03 DKNG 3.4 CLNE 3.2 SENS 1.9 SPCE (no shame) Largely planning on being long term, still around 4500 total rn plus an ETF account, ROTH IRA and TSP retirement accounts, and plan on only putting in more just curious how it looks any ideas or thoughts, thanks.
I own both SPCE & VORB. I do not like the current option chain with the former and am a bit annoyed with Branson for piling on so much arranged debt earlier in the year, he destroyed the stock value. However, eventually there will be regular tourist flights to space. The most recent SPCE delay announcement says Q2 of next year. In the meantime, it will plod along where its stock price is for awhile. I like VORB, but it only has monthly options. I’ve learned that my best bet there is to set up a 45 day short call or put (that means you are the seller in both instances) straddling them when convenient (put and call, same expiry different strikes). I’m currently using 4 and 6 as the strikes.
👆 this guy fucks like I do. Lost $50k on AMC in 2021 on options, $8k on SPCE in July 2021, then got raped on CRTX cus of an offering. When a company doesnt spit first, or even offer a Vaseline dab prior to sticking it in, you realize the cash is gone because of a SL and your numb for a few hours. Then the next time it doesn't hurt as much. Paper hands , paper pucker. Pain disappears. Fuxkin yolos. Treat that shit as if it's gone the second your order fills. Just how I treated my wife. She's gone too. Her boyfriends a cool dude tho. He cash apps me for 0DTE SPY CALLS as long as I split the tendies.
> Isn't Blue Origin, RDW and Axiom also trying to break into space tourism which is bad for SPCE? It’s an industry big enough for multiple players, and SPCE have arguably the safest and most comfortable methodology through not being VTOL. Any competitor using the same method would be a decade or more from operation - which combined with existing brand strength and a multi-day experience to leverage can certainly carve space for significant demand. > What's the TAM for the market SPCE going into again? Commercial space will reach 5% of US GDP by 2040 ($1.5T), and Bain&Co show that luxury experiences outpace broader segment growth by 7%, itself compounding 10% YOY. They’re (initially) aiming for just 0.1% of those with a net worth above $10M - which itself is around 2.5M individuals (and that is compounding 6% YOY). It’s for the elite of the elite, and I think it always will be - even when the costs *could* come down to within the everyday person’s reach. > Does SpaceXs starship pose a threat to SPCEs market share in the future? I’d say that’s like comparing Ferrari to Volvo HGV’s. It’s simply different markets and different uses. I’m interested to see how SPCE leverages their business into building out a hypersonic airline, however. Perhaps there’s an argument for competition there!
- $SPCE - I think people are impatient with this one, but they’re making all the right moves and building an entire industry for themselves in space, and they’ll undoubtedly capture a sizeable stake of the market. This was always a 10+ year hold. Extremely volatile, mixed emotions and heavily shorted though - so buckle up! - $DM - I’ve been preaching this one since it hit *(what I see as)* fair value of $6, and caught the bottom in the $1 range. They’re making solid progress, and they’re arguably the leader in every 3D/AM subcategory. I’m averaging at $3, intending to buy more after yesterday’s ER and already holding a pretty huge chunk of my portfolio here. I stand by my price targets in the $700 range in the next decade. Highly shorted too. - $LEVI - There’s not much to say, just a solid brand, solid *(though low margin)* financials, low volatility and a dividend. I wish I’d built this one into a full position rather than some token ownership. It’s currently fair value imo. - $BBBY - Honestly, this was a small YOLO. But the more I think about it, the more I’m a buyer into the turnaround story. It had a lot of issues, certainly - but if it can turn a page with it’s debt and assets it’ll run towards $100 imo.
Just set up my SELL ORDERS on 100 shares of BBBY ($10.97) 11 @ $40 9 @ $50 20 @ $60 20 @ $70 20 @ $80 10 @ $90 10 @ $100 I got order in for purchase on 29 more shares from close cost ($11+) See what happens tomorrow. I sold all BAGS in NOK, BB, ERIC, SPCE. I have $1,500 or so to just fuck with and this is my play for now. I DONT touch ROTH, CHECKING, or EMERGENCY FUND. I'm not a YOLOer....I'm a pussy in that sense I suppose. But I hope we all make some $$$.
It’s your call, but if you ask me, losing small amounts of money is not smart. Making money with less effort is smart. There are thousands of stocks out there, and you feel that a giant with a hiccup is the easiest hunt you can make. Look at ENPH, NOVA, ARRY, and RUN, among many others from that sector. Look at how much volume they had on July 28. That massive amount of volume is not retail. That’s institutional money. They’re there for the long run. Research why they soared on July 28. Compare that with SPCE in December 2019. Both moves originated from a Government policy change. Now, are those stocks going to show consolidation or a pullback? Yeah, I hope so. I plan to jump in if they do. But there’s no gravity here. Just because a stock goes up, does not mean she will fall back down.
I sold BB, NOK, SPCE, at a loss over the last month. Don't think any of then will see the profit that comes w BBBY. Just my feeling. It's fuck around money for me ($1300) that's my limit. NFA. I don't touch retirement or checking or emergency funds. I don't YOLO with the big dogs.
Don't FOMO, and don't chase. Several of these plays, those fueled by a recent government policy change, will continue to make a move for quite a while. So just keep them on your watchlist, wait for a consolidation and jump in when they break out for a second leg up. For reference, go back in time and look at SPCE in December 2019. You'll see that it's ok if you missed the first move. As long as she remains strong, you can hunt a second breakout. And why did SPCE run like that? The Space Force was announced.
Are you a communist? Are you insulting a great American theatrical release and at the same time insulting BBBY? BBBY is an American institution, my Uncle Tom always told me about it. Growing up, when he was poor during the dustbowl, his pops (my grandpa in case you couldn’t figure that out you communist retard) would take him to bed bath and beyond. My grandpoops taught him the most valuable lesson at BBBY - manners maketh a man, and a clean butthole is what sets us apart from other wild animals. BBBY is giving us the tools to be true gentlemen, to rise up from the degeneracy and cesspool of this subreddit. You see, every few months a new stock play comes into fruition - they each teach us lessons in the stock market: 1. PLTR - remember that america is number 1 and it’s spy network must remain strong 2. SPCE - remind us that space is the next frontier and that america has to be 1 in it 3. GME - remind us that the anti American and communist hedge funds need to be spanked and we have to take the counter position to their overleveraged shirts 4. TLRY - we as Americans can only go higher 5. AMC - don’t invest in this piece of shit, retard And finally, the ganache, the frosting, or the sunbathing lotion if you will, BBBY (you can also buy sunblock from there if you need it). Support it. It shall run from the shackles that are holding it down. It shall deliver us from our dirty buttholes.
I would say it depends on what the asset is. If we're talking popular index funds like SPY then sure, that is likely to bounce back? But speculative garbage like CLOV, SPCE, and SOFI? You've lost your money for good.
Another company i think can have huge returns which i also made a post about is - ETSY. i have also been investing in SPCE and i sold everything at a profit. the reason i sold everything is because the space industry is causing huge damage to the environment.i wasn't aware of that when i started inveting in SPCE but now that i do i prefer to invest in something else.of course i wish all the best to anyone that is invested in SPCE.