virgin galactic reddit
On Wednesday, Virgin Galactic, the company started by Richard Branson to … It’s coincidental but by all means not related. The company before was already getting very close to commercialization however needed a cash influx to support business for the next 1-2 years so they could get their rocket off the ground and scale the business. Virgin Galactic may be busy designing its tourist spacecraft, but that hasn’t stopped it from working on more high-speed transportation, in the shape of its new Mach 3 … Virgin Galactic's first 600 customer deposits will generate roughly $120 million in revenue when commercial flights launch, and over 3,000 more potential customers are on a waitlist having expressed interest in a $250k space flight. I have no idea where people got this information from, but SPCE was going up because of the scheduled test flight they were meant to have which then got delayed and rescheduled to May. The Company was established in 2004 and a sister company of Virgin … One thing i will remind people is that I don’t think Chamath would of invested hundreds of millions of dollars into this company if he didn’t have faith and do his own personal due diligence on the company. Almost any post related to stocks is welcome on /r/stocks. They are finalizing the space suite, the cabin itself, and key FAA licence. YONKERS, N.Y. — Once there was the era of space-age fashion. I am new to stock trading and a friend suggested that I buy virgin galactic. COVID-19 delayed things a bit but they will fly Richard, virgin staff, then clients all this year. Press J to jump to the feed. save. 2.6 Background of Virgin Galactic Company. Richard Branson’s space tourism firm Virgin Galactic is unveiling a new space plane dubbed VSS Imagine on Tuesday, the first SpaceShip III addition to … Shares of Virgin Galactic , which dropped 7% off a recent high yesterday, have turned things around and are rocketing once again, up 12.1% at 12:10 p.m. EST on Friday. The stock has also garnered attention due to the GameStop-Reddit short-squeeze saga. Currently there seems to be a trend where stocks in the Industrials, Manufacturing sector(s) have been popular in this period. Virgin Galactic is comprised of hundreds of dedicated and passionate professionals united in creating something new and lasting: the world’s first commercial spaceline. Virgin Galactic unveiled shiny renderings of a future supersonic jet, which supposedly can carry between nine and 19 passengers and reach Mach 3, or three times faster than the speed of sound. SPCE 23.36 0.30 (1.30%). This is a solid business with great future potential, they are already building multiple space ships as we speak. Virgin Galactic recognizes that the answers to many of the challenges we face in sustaining life on our beautiful planet, lie in making better use of space. best. This all coincided with the time GME was going up. Post-Market 0.10 (0.43%) Now the age of fashion for space has arrived. 54 reviews from Virgin Galactic employees about Virgin Galactic culture, salaries, benefits, work-life balance, management, job security, and more. Well my goal is to make as much money as I can, even if I have to hold the stocks for the long run. Virgin Galactic is a profit-making space line service. No Targeted Harassments or Offensive Words. I can't help myself these calls are too cheap! The stock has significant short interest. Let's get flying! I'm investing 10k total. We’re not $%#^*@& leaving! Sort by. A spaceline for Earth. Apes please don’t think we will get $500 a share or $1000 a share easily when AMC does start to squeeze it’ll probably jump bit by bit..but we need to hold past all prices at all costs to see the life changing figures 1000000% it’ll happen just hold don’t paper hand. Virgin Galactic NYSE Updated Apr 16, 2021 11:59 PM. 13 comments. There were a lot of shorts around that time incase the test flight went bad and then after when VG was absolutely silent about what happened as we didn’t have any news during the test window. share. Could be 1 month, could be 10 years, but it will skyrocket at some point. The stock has also garnered attention due to the GameStop-Reddit short-squeeze saga. Find the latest Virgin Galactic Holdings, Inc. (SPCE) stock discussion in Yahoo Finance's forum. SPCE went up because of a catalyst, GME went up because people wanted to squeeze shorts. Virgin Galactic stock has a relatively high short interest of … ALBUQUERQUE, N.M. -- The window for the final round of testing of Virgin Galactic’s rocket-powered spacecraft opens later this week as the company inches toward commercial flights. I bought at way too high (>$30) and think I should sell to take a tax loss and maybe buy back in or just get out completely. I'm all about it. Press question mark to learn the rest of the keyboard shortcuts. report. There are 100 better stock choices than SPCE. I am new to stock trading and a friend suggested that I buy virgin galactic. Press J to jump to the feed. Upside potential is bonkers. Account age must be > 15 days and combined karma must be > 100 in order to post. According to present data Virgin Galactic Holdings Inc - Class A's SPCE shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). New comments cannot be posted and votes cannot be cast. Virgin Galactic stock (SPCE) jumped more than 10 percent on Jan. 27 to close above $46. You're new to stock trading, so before you buy anything ask yourself: what is the goal of your trading account? It should stay pretty steady no matter what. Press question mark to learn the rest of the keyboard shortcuts. ... Why is the media still reporting on “Reddit investors” and not hedge fund stock market manipulation ? SPCE was mentioned a couple of times in WSB, but purely because the stock was going up quite quickly near the test flight. Share your opinion and gain insight from other stock traders and investors. Shares in Virgin Galactic Holdings Inc. (NYSE: SPCE) reached all-time highs Tuesday as the stock trended on Twitter and Reddit. Well I intend to hold them for the long run about 10 to 15 years and if it makes me profit by then I might buy it. 59% Upvoted. Then Virgin Galactic was drawn into the Reddit-fueled frenzy of retail investors pouring into shorted stocks. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Virgin Galactic’s vehicle, SpaceShipTwo, is designed to take customers high above Earth to get a taste of weightlessness. This thread is archived. Then Virgin Galactic was drawn into the Reddit-fueled frenzy of retail investors pouring into shorted stocks. But the company has yet to fly a full cabin on one of these trips. 4/17/21 and T-14 days till May. Two weeks to go until May. Shares of Virgin Galactic, the spaceflight company founded by Richard Branson, were up 87% in January on news that the company will initiate a test flight later this month. hide. It has several carrier craft which is Space-Ship Two, White-Knight Two, and an orbital launch vehicle for small satellites which is Launcher One. In recent days, traders have used social media sites like Reddit and Twitter to spur other investors to buy shares of many stocks with high levels of short interest. And finally the news on Monday that the venture would resume test flights of its rocket-powered spaceplane. Virgin Galactic became a public company in late 2019 after merging with Chamath Palihapitiya's special purpose acquisition company. r/SPCE: 3/30/21 and T - 32 days till May 1. The stock is up … Cheers to SS3 - Imagine. Check out our wiki and Discord! Bought 25 shares to hold for shits and giggles. The company initially began selling suborbital rides for $200,000 before raising the price to $250,000. The stock has already more than doubled this year. Virgin Galactic already flew its first test passenger, Beth Moses, on the company’s second spaceflight in February of 2019. , New comments cannot be posted and votes cannot be cast. Virgin Galactic stock rocketed in early trading Monday, flying to an impressive 13% gain at first -- and then losing it all. Virgin Galactic’s shiny new spaceship, VSS Imagine, is the third generation of the aerospace company’s aircraft that will soon be ferrying citizen … Virgin Galactic's costs have gone up rather than down over time. Virgin Galactic stock has a relatively high short interest of …
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