Virgin Galactic Is Up 32% In 2 Days. What’s Next?
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- Опубликовано: 9 июн 2024
- Virgin Galactic's (NYSE: SPCE) stock is finally climbing again and that could create a feedback look to the upside for investors. A higher stock price would allow the company to raise money at more attractive prices and potentially fund more spacecraft. In this video, Travis Hoium discusses the recent move.
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0:00 Virgin Galactic Is Up 32% In 2 Days. What’s Next?
01:56 Big Stock Moves
03:12 The Runway
07:14 Analysis
Personally, I like the company. It's true they might have gone public too soon, but hey, the stock is currently really cheap, though very risky. Don't invest money you can't afford to lose. I believe they learned enough from the prototypes they had and the crash in 2014. Now it's time to scale up. It's similar to developing new software: first, it's just a prototype to test the system and get early users. You learn from this, and then the production version is scalable and reliable (not that space travel is anything like software development-just using it as an example).
It reminds me very much of the plane industry in the first half of the 20th century, where ocean liners dominated and planes were seen as another fad. Now there is one ocean liner left, and the rest of us use planes. The majority of retail investors are just focusing on the stock price and don't even look at the fundamentals of the company, which are really strong right now, in my opinion, especially because the demand is strong without even having the full product ready.
I'm invested for the long run, and hopefully, one day I can fly to space on board one of their spaceships.
Could VG and Delta collaborate similar to AST space and AT&T?
How is it possible to invest in a company with a great product but zero short-term prospects? They have no money, so how can one think of investing or doing DCA? The risk is immense. Investing in SPCE is equivalent to gambling. Nothing more, nothing less.. I'm in with 10k, loosing 78,64%.. terrible investment
They have about 900 million USD in cash and cash equivalents. That's double the current market cap. That's far from having no money.
@@MaticSeslar To be exact, cash and cash equivalents of $867 million should be sufficient to fund operations for approximately 2 years. That amount of money will fund the second mother-ship development and delivery. If, for any reason, it is delayed, the only possible solution will be to dilute shareholders, raise capital, etc. So, it's a falling knife. Any current investor has to hope to catch the knife without hurting themselves.. So yes, they have not enough money