clarkrl2
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Joined: Dec 20, 2010 17:57:01 GMT -5
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Post by clarkrl2 on Oct 15, 2021 9:45:39 GMT -5
This is selling off due to a delay in a delay of tourism launches. I put in an order this morning for a few shares at 19.25 which would put the market cap at about $5 billion. These space companies will likely have many ups and downs over the next few years so a decline in stock price should be a buying opportunity if you believe in the company. Right now Blue Horizon and SpaceX are not publicly traded so I've been waiting for a decline in price for a few months. I just randomly selected a $5 billion market cap as a point I would be interested. Since it is very speculative I am not putting much money into it.
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djAdvocate
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only posting when the mood strikes me.
Joined: Jun 21, 2011 12:33:54 GMT -5
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Post by djAdvocate on Oct 15, 2021 19:46:26 GMT -5
I own a little of this. it is because it was part of a SPAC I owned that got converted (IPOA). I sold some at $30+ the last time it rocketed up (pun intended). I would be a buyer again at anything less than half that.
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clarkrl2
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Joined: Dec 20, 2010 17:57:01 GMT -5
Posts: 6,050
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Post by clarkrl2 on Oct 18, 2021 12:22:03 GMT -5
I got my order to fill at $19.04 so I am happy with that. Now hopefully it will have more and bigger ups than downs.
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clarkrl2
Administrator
Joined: Dec 20, 2010 17:57:01 GMT -5
Posts: 6,050
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Post by clarkrl2 on Oct 19, 2021 13:44:16 GMT -5
Here is another view on where to buy SPCE. article from thestreet.com The author says there is a gap to fill at 17.27 which is near the 200 day moving average. |
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djAdvocate
Member Emeritus
only posting when the mood strikes me.
Joined: Jun 21, 2011 12:33:54 GMT -5
Posts: 76,707
Mini-Profile Background: {"image":"","color":"000307"}
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Post by djAdvocate on Mar 22, 2022 18:08:35 GMT -5
so, this one went all the way to $7.
since then, it has been slowly climbing up.
now at $10.
there is a gap at 11, and (i think) another at 22, so some upside potential, here.
it is a long way from making money, so this is pure speculation.
disclosure: i own this stock.
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