RKLB also benefits from the SpaceX effect; i.e., since most folks can’t invest in SpaceX, RKLB really is the next closest thing to ‘the next SpaceX” that the non-space public can really invest in; not really any other alternative. - Dave Huntsman
Nice update Dave. It certainly is easy to reflect back and say ‘I wish I bought more’ as many do, but I’ve held firm to what was committed was enough given the risk. Great to see the stocks up. It may still be a rollercoaster yet but it’s a long term ride on a company I have a deep belief in and also their ability to find their niche and execute profitably in time. I recall we both thought via X that RLKB had jumped up earlier than expected. It sure has! But I’m far more comfortable with the holding now because of it. 2025 could be massive if they execute all they have planned on time.
MIT has a page on Morning Star Venus missions. First will be the Rocket Lab Venus Life Finder with targeted launch Jan 2025, that's in 2-3 months. The next missions are 2026 series of Venus habitability missions, and 2041 Venus cloud sample return mission. If Rocket Lab does the 1st mission well, it has a chance for more business with these subsequent progressively more sophisticated planetary science missions. And a successful MSR, if Rocket Lab is so lucky to get it, would further help as a reference.
Nice summary at start - Arnold underground as TSLA was the cherry on the cake - and congrats for the returns. Went from zero to all in RKLB right after rate cut - have no others in your portfolio - no options nor trading, just holding for long.
That was great, Dave! Missed your reporting and analysis, thank you for bringing this to us and sharing your strategy and decisions on your portfolio. Really helps a lot. Looks like you made some very good and careful decisions.
Welcome to Redwire, would like your take on constellations vs habitats vs in space manufacturing vs on surface ops, ect. For business growth, profit, ect.
A bottom line difference between Redwire and RocketLab: RocketLab is a ‘well-integrated” company; even as it’s done acquisitions, its management has ended up making sure that its parts make up a better integrated whole. I don’t consider Redwire really ‘integrated’ per se; it’s more an amalgam- a collection- of the companies they’ve acquired. The parts do Not synergistically help each other and the greater whole like the equivalent on RocketLab. So that’s essentially kudos to Peter Beck, and the Board of Directors that supports him. - Dave Huntsman
This ☝ - I have been in multiple big Silicon Valley companies and it is unbelievable how badly most acquisitions end up after absorption. I was blown away reading how well Beck and team actually was able to make all their acquisitions fire with all cylinders after the mergers. That alone pointed to exceptional execution. Add to this technology execution and we are talking about an exceptional company. Long RKLB.
Hi Mark, if you don't mind sharing I'm curious how you get on with FIF tax. Do you have an accountant that calculates it for you? How much does it work out to be, as a percentage of your portfolio? I'm just under the $50k limit on overseas shares and would like to keep buying RKLB but don't want too much hassle. Cheers
I had to sell my RDW and a fourth of my RKLB position when i came close to a real estate buy that unfortunately did not happen in the end. Bought back into RDW but left RKLB unchanged, it is still my second largest holding as of now. RDW is now half the position size as before but i am going to add more on pullbacks just as usual. I also added a new but small position in ASTS which i intend to grow further. It is painful to sell such positions after all these years of holding especially when they are finally in the green and continue climbing. Thankfully they did not run too much since my sell.
Hopefully you won't have too big of a tax bill with those capital gains! I am also looking at a new house soon ish and will be needing to make some sales :(
Dumped Redwire today after nice run. Cash flow is there Achilles heel. Holding Rocket Lab. Look for 10-15% pullback around 13. Then again, my crystal does get foggy sometimes.
He did like a month ago. The EO industry as a whole might be undervalued, but it’s also kind of a crap business. That said I at least have a small position in BKSY.
Looks like markets will have a correction thanks to the Fed suddenly refusing to continue interest lowering. Unfortunately the small cap will suffer from this more than large cap as now money again wants to go from risk to safety. I wish the Fed would stop the long lasting policy that so hurts investing in new businesses.
@@daveginvesting That's the positive take as (I share this view) RKLB has unique huge company-specific catalysts and if the upswing without news turns to correction, news will have a bigger relative impact up. NASA days ago published the MSR committee and select criteria where timeliness was underlined, architecture recommendation result due by end of year. MIT representation (Venus mission) in steering, ESCAPADE situation, Neutron progress and certain other tidbits make me think RKLB has an improving chance. Hoping for a positive outcome.
I bought 5 Jan $500 $TSLA call yesterday for $10K. Seems like everything is stacked against them at the moment. I would have loved to get in at a lower price point but
@@daveginvesting I kept $12K on the sideline in case it breaks below the $200, I’ll add to my position and will be all in 80% $RKLB leaps and 20% $TSLA leaps
@@daveginvesting these were $41 one month back I bought them @$22.1. If they hit $41 again I’ll sell and buy something else, unless $TSLA keeps ripping which could really happen giving the new car coming soon. New product line = hype. True for Neutron, true for the cheap Tesla car
IMO RKLB is a multi-bagger from current only near-IPO level, given the many huge growth catalysts (Neutron, deep space/MSR, satellite division, constellation biz, nat sec launch and satellites) and Sir Peter's and team's excellent technological and financial execution record. The end-to-end vision provides long term competitiveness and a big moat in the fast growing soon trillion-dollar TAM space industry.
So you think $LuNR has more upside potential? I can tell you off the top of my head that they had 3 straight quarters positive adjusted ebitda and should have and announce over 320 million in contracts on their next earnings call I think you’d like what they focus on for the NGA national geospatial intelligence agency for the 🌍 🌎
So you think $LuNR has more upside potential? I can tell you off the top of my head that they had 3 straight quarters positive adjusted ebitda and should have and announce over 320 million in contracts on their next earnings call I think you’d like what they focus on for the NGA national geospatial intelligence agency for the 🌍 🌎
I’d like someone smarter than me financially to do a dive into BKSY. I honestly don’t understand why they don’t seem to behave financially as well as I think they are doing technically. (Past experience says, that usually means I’m missing something…..) - Dave Huntsman
I would not worry about the haters, you can only be good when you have haters 😂😂😂. I just ignored those comments and stopped following them! Love your insights and keeping it level headed!
Well, remember; there are TWO Elons. The “Good Elon” is the Elon of planet-changing SpaceX, Tesla, and hopefully Neuralink. He’s totally fact, data, and “first principles’ driven. The “Bad Elon” is none of those, unfortunately; he was created when he started watching Fox in early 2020. - Dave Huntsman
@@terrya448 See, that’s recently also become an emotional quandary for me as well: It’s one thing to have stupid or even dangerous opinions. BUT…..when Elon uses his Tesla stock to FUND (including backing up/serving as a backstop, to his donations) to a known insurrectionist and threat to the country and the planet…..it then crosses a line for the first time ever: it means that when i consider buying a Tesla- which is a dream of mine, that I really WOULD be supporting that activity. Really. - Dave Huntsman
RKLB also benefits from the SpaceX effect; i.e., since most folks can’t invest in SpaceX, RKLB really is the next closest thing to ‘the next SpaceX” that the non-space public can really invest in; not really any other alternative. - Dave Huntsman
Havnt even watched this yet and I know it’s gonna be a good one. Thanks Dave 👊
😁 Thanks!
Nice update Dave. It certainly is easy to reflect back and say ‘I wish I bought more’ as many do, but I’ve held firm to what was committed was enough given the risk. Great to see the stocks up. It may still be a rollercoaster yet but it’s a long term ride on a company I have a deep belief in and also their ability to find their niche and execute profitably in time. I recall we both thought via X that RLKB had jumped up earlier than expected. It sure has! But I’m far more comfortable with the holding now because of it. 2025 could be massive if they execute all they have planned on time.
Excited to see what this company has in store for us over the next 5 years!
MIT has a page on Morning Star Venus missions. First will be the Rocket Lab Venus Life Finder with targeted launch Jan 2025, that's in 2-3 months. The next missions are 2026 series of Venus habitability missions, and 2041 Venus cloud sample return mission. If Rocket Lab does the 1st mission well, it has a chance for more business with these subsequent progressively more sophisticated planetary science missions. And a successful MSR, if Rocket Lab is so lucky to get it, would further help as a reference.
I'm still here with rocket lab!
Nice summary at start - Arnold underground as TSLA was the cherry on the cake - and congrats for the returns.
Went from zero to all in RKLB right after rate cut - have no others in your portfolio - no options nor trading, just holding for long.
That is some very strong conviction! seems to have been working well for you!
Still in RKLB, and RDW, 😊😊 thanks for the update...
That was great, Dave! Missed your reporting and analysis, thank you for bringing this to us and sharing your strategy and decisions on your portfolio. Really helps a lot. Looks like you made some very good and careful decisions.
Great video and congrats on the portfolio performance. I will be playing long On RKLB for a long time
Great portfolio performance!
Yeah, that was very good
LUNR will get a RKLB type run soon. Dont forget about it.
Welcome to Redwire, would like your take on constellations vs habitats vs in space manufacturing vs on surface ops, ect. For business growth, profit, ect.
A bottom line difference between Redwire and RocketLab: RocketLab is a ‘well-integrated” company; even as it’s done acquisitions, its management has ended up making sure that its parts make up a better integrated whole. I don’t consider Redwire really ‘integrated’ per se; it’s more an amalgam- a collection- of the companies they’ve acquired. The parts do Not synergistically help each other and the greater whole like the equivalent on RocketLab. So that’s essentially kudos to Peter Beck, and the Board of Directors that supports him. - Dave Huntsman
This ☝ - I have been in multiple big Silicon Valley companies and it is unbelievable how badly most acquisitions end up after absorption. I was blown away reading how well Beck and team actually was able to make all their acquisitions fire with all cylinders after the mergers. That alone pointed to exceptional execution. Add to this technology execution and we are talking about an exceptional company. Long RKLB.
Nice video. Like the transparency and very relatable as always.
Been following and liking for a while but will comment more to help your algorithm. 😜
Thank you!
Nice video Dave. Might have another look at redwire... my 2027 $RKLB LEAPS are doing well... 🙂
Hi Mark, if you don't mind sharing I'm curious how you get on with FIF tax. Do you have an accountant that calculates it for you? How much does it work out to be, as a percentage of your portfolio? I'm just under the $50k limit on overseas shares and would like to keep buying RKLB but don't want too much hassle. Cheers
@@mdewsnip6076 hah! I get around that by living in the good ol' USA! All my RKLB stock is in my retirement account, so no capital gains tax either...
OK. OK. Now I get why RKLB went x the last little while.
Mrs Dave G was distracted and the market went wild.
Love these videos, Dave!
Thanks!
Still holding onto my RKLB. $3.87 avg. wished I could’ve gotten more back then but that’s the way it goes…
Yep, no matter how many shares I bought I probably would've always felt that way!
I had to sell my RDW and a fourth of my RKLB position when i came close to a real estate buy that unfortunately did not happen in the end. Bought back into RDW but left RKLB unchanged, it is still my second largest holding as of now. RDW is now half the position size as before but i am going to add more on pullbacks just as usual. I also added a new but small position in ASTS which i intend to grow further. It is painful to sell such positions after all these years of holding especially when they are finally in the green and continue climbing. Thankfully they did not run too much since my sell.
Hopefully you won't have too big of a tax bill with those capital gains! I am also looking at a new house soon ish and will be needing to make some sales :(
Bottom line is do what you feel is right and do not worry too much about what others say.
Dumped Redwire today after nice run. Cash flow is there Achilles heel. Holding Rocket Lab. Look for 10-15% pullback around 13. Then again, my crystal does get foggy sometimes.
I just buy the stocks. Thanksnfor the report great content.
I think you should have a closer look at Blacksky. They are very undervalued
He did like a month ago.
The EO industry as a whole might be undervalued, but it’s also kind of a crap business. That said I at least have a small position in BKSY.
Looks like markets will have a correction thanks to the Fed suddenly refusing to continue interest lowering. Unfortunately the small cap will suffer from this more than large cap as now money again wants to go from risk to safety. I wish the Fed would stop the long lasting policy that so hurts investing in new businesses.
I will have to keep watching to see if this leads to a good buying opportunity!
@@daveginvesting That's the positive take as (I share this view) RKLB has unique huge company-specific catalysts and if the upswing without news turns to correction, news will have a bigger relative impact up. NASA days ago published the MSR committee and select criteria where timeliness was underlined, architecture recommendation result due by end of year. MIT representation (Venus mission) in steering, ESCAPADE situation, Neutron progress and certain other tidbits make me think RKLB has an improving chance. Hoping for a positive outcome.
THANKS FOR VIDEO
I bought 5 Jan $500 $TSLA call yesterday for $10K. Seems like everything is stacked against them at the moment.
I would have loved to get in at a lower price point but
Wow, that is an interesting one!
@@daveginvesting I kept $12K on the sideline in case it breaks below the $200, I’ll add to my position and will be all in 80% $RKLB leaps and 20% $TSLA leaps
@@daveginvesting these were $41 one month back I bought them @$22.1. If they hit $41 again I’ll sell and buy something else, unless $TSLA keeps ripping which could really happen giving the new car coming soon.
New product line = hype. True for Neutron, true for the cheap Tesla car
Rocket Labs has their own rockets. 🛰🚀
Yes, RKLB still cheap if one prices in its growth potential and execution track record.
I have both RKLB and RDW in my portfolio. I’ve made a good chunk of change trading LUNR…
Added small amount to rklb this day
And again today
But not today, it's up today
At the price RKLB is right now would it still be good to invest ?
IMO RKLB is a multi-bagger from current only near-IPO level, given the many huge growth catalysts (Neutron, deep space/MSR, satellite division, constellation biz, nat sec launch and satellites) and Sir Peter's and team's excellent technological and financial execution record. The end-to-end vision provides long term competitiveness and a big moat in the fast growing soon trillion-dollar TAM space industry.
Blacksky should be in there right now?’ Much love Dave if not I got BKSY leggoooo rocket labs also 🔥
I have not added Blacksky but they could be interesting, I need to take a deeper look at them!
So you think $LuNR has more upside potential? I can tell you off the top of my head that they had 3 straight quarters positive adjusted ebitda and should have and announce over 320 million in contracts on their next earnings call I think you’d like what they focus on for the NGA national geospatial intelligence agency for the 🌍 🌎
So you think $LuNR has more upside potential? I can tell you off the top of my head that they had 3 straight quarters positive adjusted ebitda and should have and announce over 320 million in contracts on their next earnings call I think you’d like what they focus on for the NGA national geospatial intelligence agency for the 🌍 🌎
@@daveginvestingPlease do. I’m confused about its performance. - Dave Huntsman
Sold all my Rklb shares. I'm going to buy back in if it drops by 20% or more, if not, oh well. No regrets.
You’ll regret it you need to pay taxes on those gains too
@ItsSeals I've accounted for that, and now im currently looking at a new motorbike and drumkit. Like I said, no regrets.
Should I still be buying rocket lab?
I'm up $500 in 2 months trading LUNR
No surprise about Tesla..
The competition have plenty of market given the premium placement of Tesla vehicle.
Technology quickly age's.
30,000 RKLB shares and holding... I wana say I wish I bought more in the 4's, but I damn near spent every penny on this earth I had... 🤣
Well Played sir!
@daveginvesting not celebrating until 50
I’m getting the same hate for $BKSY I have $RKLB and $LUNR as well but haters will hate ignore them please dude your 🔥
I’d like someone smarter than me financially to do a dive into BKSY. I honestly don’t understand why they don’t seem to behave financially as well as I think they are doing technically. (Past experience says, that usually means I’m missing something…..) - Dave Huntsman
@@dphuntsmanI agree Mr huntsman
I would not worry about the haters, you can only be good when you have haters 😂😂😂. I just ignored those comments and stopped following them! Love your insights and keeping it level headed!
Thank you, I will do that!
@@daveginvesting”It is good that a man has enemies; it shows that he has lived a life of worth’. Old Cherokee Chief.
Could you please add chapters to you videos??
u a billionaire now. remember us little ones sir
what made u put 66k into rklb just like that?
Your wife must be cheesed off about selling her RKLB at 7.
Bravo
I agree, analytics isn't everything. I got to like the management most of all. Only exception is Elon.
Well, remember; there are TWO Elons. The “Good Elon” is the Elon of planet-changing SpaceX, Tesla, and hopefully Neuralink. He’s totally fact, data, and “first principles’ driven. The “Bad Elon” is none of those, unfortunately; he was created when he started watching Fox in early 2020. - Dave Huntsman
@@dphuntsman I agree with you completely. But my wife will never allow me to buy a Tesla because of him.
@@terrya448 See, that’s recently also become an emotional quandary for me as well: It’s one thing to have stupid or even dangerous opinions. BUT…..when Elon uses his Tesla stock to FUND (including backing up/serving as a backstop, to his donations) to a known insurrectionist and threat to the country and the planet…..it then crosses a line for the first time ever: it means that when i consider buying a Tesla- which is a dream of mine, that I really WOULD be supporting that activity. Really. - Dave Huntsman
I wisssh i bought redwire
Could you please add chapters to you videos??
I will try to make a note to do that! I have automatic chapters enabled but it doesn't seem to work well.