If they start up operations by 2021 (doubtful) they will have a few years where they are the only ride in town. Press J to jump to the feed. 557%. Almost any post related to stocks is welcome on /r/stocks. It still costs $250,000 to fly to space on SpaceshipTwo with Virgin Galactic, so its still reserved for the ultra-rich. u/outerfrontiersman. save. Sort by. A fun informative place to report news and discuss stocks related to the growing space industry. Online. Close. Log In Sign Up. Hot New Top. Log In Sign Up. Reddit is moving forward with an initial public offering thanks to its scrappy r/WallStreetBets crowd. I have buys at 15.50, 15 and most recently 14.50. SPCE is currently ranked #4of 27 stocks in the Airlines industry. Other popular stocks in the airlines group are Southwest Airlines Company , Ryanair Holdings plc , and Delta Air Lines, Inc. . People like it because “space” but in reality they are cheating, this isn’t real space. Join. Long. SPCE, strong in a weak market . The only chance for success Virgin has is if once StarShip is a reality, they completely give up on manufacturing their own vehicles because they lack the capital to competitively do so, and instead purchase StarShips that they then use for tourism or travel in the same way that airlines don't manufacture the planes they use. r/stocks: Almost any post related to stocks is welcome on /r/stocks. Log In. Check out our wiki and Discord! S&P 500 0.00%. Definition of growth stock: a growth stock is a stock of a company that generates substantial and sustainable positive cash flow and whose revenues and earnings are expected to increase at a faster rate than the average company within the same industry. A good entry point and is it worth a stock for a long term growth stock? card classic compact. Bought in at $9 rode it to $38 and sold. Space tourism is a gag and while a few celebrities will pay how much to be in a small box for an hour in space rather than what I consider REAL space tourism aboard the ISS. Year-to-date, Virgin Galactic (NYSE:SPCE) stock is up about 9%, but that number tells only half the story of the spaceflight company's shares. Thoughts on SPCE? Btw - I’m a huge believer that space is the future, but it’s very unfortunate that the winner spaceX is not available to invest. It seems like it could be huge. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. Revenue will increase from $0 to above zero in 2021 onwards, but even with increasing revenue, there is no profit. r/space: Share & discuss informative content on: * Astrophysics * Cosmology * Space Exploration * Planetary Science * Astrobiology. SPCE has also had fatal accidents which isn’t very appealing. This one looks like it can launch higher or stall on the base. SpaceX has billions in funding, can actually get to orbit, has vehicles ACTUALLY in development, and has long term prospects because they will be capable of going into deep space, not just sub-orbital nonsense. Press question mark to learn the rest of the keyboard shortcuts. Space tourism is not an industry that is easily quantified. Elon Musk's literal dream in life is to go to Mars. Branson is worth 4B. If they have a successful launch in the future I might end up making money off them. Since then, I have been DCA'ing down whenever it hits a new lower resistance. Stocks - Investing and trading for all r/ stocks. Find the latest Virgin Galactic Holdings, Inc. (SPCE) stock quote, history, news and other vital information to help you with your stock trading and investing. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. 1.2k. Press J to jump to the feed. Find out the direct holders, institutional holders and mutual fund holders for Virgin Galactic Holdings, Inc. (SPCE). Just look at Uber & Lyft. Hot. I always keep some SPCE, but it's mostly for pure enjoyment. SPCE stock https://www.reddit.com/r/stocks/comments/hdxmih/spce_stock/ Recently, they have been talking about moving some stuff back to England, which was definitely a red flag. After the market crash, it has been relatively stable (between $14-$17). 6. SPCE isn’t competitive for satellites, it is very restrictive. I have an AI script and it just recommended me SPCE, I'm on the same ship with you. Might I add that Blue Origin and SpaceX are going to obliterate Virgin Galactic. This IPO was Branson getting out without losing face IMO. u/Arrowtotheknee99. That guy will spend everything he has to do it. Big institutions are offered a price typically lower than their IPO price, after 90 days insiders can and will sell their shares after the lock out, and most aren't profitable. Real-time trade and investing ideas on Virgin Galactic SPCE from the largest community of traders and investors. Made a good chunk before the pandemic. They have 0 vehicles in active development. Why spend 250k for 11 minutes of weightlessness when you can buy a full day orbital experience with StarShip for 1 mil or something similar? It was on its bottom and slowly making its way up when the NASA contract got signed, so $17 is well within the stocks pre-contract range. Before the NASA contract it would get to the $17 dollar range, fall down to 14 and then come back again. Virgin Galactic stock rocketed in early trading Monday, flying to an impressive 13% gain at first -- and then losing it all. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. SPCE Stock - When SPAC-Man Chamath Palihapitiya Speaks, Reddit and Wall Street Listen - Individual investors should not be investing in IPOs. I've held on to them ever since hoping I could get my money back. Created Oct 8, 2020. It already went through that phase you think that would happen again? As I mentioned in my prior DD, the short interest on SPCE is huge. Their rocket costs 12 million per launch and has a payload of 300kg. Those two are in the game but again relatively unattractive. Can wait a year or two. Virgin Galactic Holdings Inc - Class A Stock Forecast, SPCE stock price prediction. I believe in SPCE stock, so even if the 200 MA doesn't hold, I think my position at $27 is a great deal! Find the latest analyst research for Virgin Galactic Holdings, Inc. Common Stock (SPCE) at Nasdaq.com. Discussion; Astra (HOL) Virgin Galactic (SPCE) Question; Space Industry Related; News; Moderators. Cancel. Bottom line, there's not much risk on pulling the trigger right now. Since then, I have been DCA'ing down whenever it hits a new lower resistance. Archived. A high-level overview of Virgin Galactic Holdings, Inc. (SPCE) stock. Join. Certainly agree. 75% Upvoted. Just buy a couple 20 or 25c 2021 and forget about them. The actual value of this is very small. DOW 0.00%. It went up 17% today with that announcement which makes me happy. Real-time trade and investing ideas on Virgin Galactic SPCE from the largest community of traders and investors. View real-time stock prices and stock quotes for a full financial overview. I do believe in this stock, as I've listened to podcasts and interviews of the current leadership team. I've been burned timing the bottom, and I'm a sucker for these public space exploration/tourism stocks, so I bought in when it was at $16 back on June 2. Filter by flair. Just my opinion - but I don’t like SPCE. Its overvalued - even at $15, its overvalued as a growth stock. SPCE STOCK https://www.reddit.com/r/stocks/comments/hal9km/spce_stock/ If SpaceX is able to manufacture StarShip for the price they are striving for and attain full reusability, then there is no room for Virgin Galactic in the market. But there are 3 players in the space (sorry). User account menu /r/space: news, articles and discussion r/ space. Or just add a little here and there. 3. Thought about getting back in... New comments cannot be posted and votes cannot be cast. The answer should be obvious if you have done your research. On Feb. 20, SPCE stock hit an all-time high of $42.49. But the bottom line is that this is speculative. Then it plummeted. That’s a factor of 73 times greater at just 5x the price. Hot New Top Rising. Think about how close Elon was to being bankrupt and only succeeded with his final launch attempt. Their recent move away from "private space flight" as their primary revenue source to an actual government contract is appealing. User account menu. I think it could go up or down based on future earnings and evaluations. It only has 2b market cap. With the contract and them joining the Russell index, I'm hoping there's enough hype that it will oscillate a couple bucks higher. Hot New Top Rising. Also, StarShip. View the real-time SPCE price chart on Robinhood and decide if you want to buy or sell commission-free. Welcome to r/stocks!. Press question mark to learn the rest of the keyboard shortcuts. If you're wondering why a stock moved a certain way, check out Finviz which aggregates the most news for almost every stock, but also see Reuters, and even Yahoo Finance.. With 73.8% gains over the past year, SPCE has outperformed its industry peers. NASDAQ 0.00%. Hana01. Honestly maybe even look at Boeing and Airbus. For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our Wiki here.. If they expand their business they’re still operating in a market with strong competition from government subsidisation and more technically advanced companies happy to operate without profit. Don't hesitate to tell us about a ticker we should know about, but read the … Press J to jump to the feed. You can easily day trade this stock, or just buy the dips and sell the highs. Posts WIKI. You can spend lots of time researching the technology, a burgeoning industry, etc. Just like electric vehicle stocks a decade before, space stocks are set to roar higher this decade as a number of factors come together. The challenge isn't their passion to execute, but being able to execute while the entire aerospace industry is tanking. What do you think about SPCE short and long term? Find the latest Virgin Galactic Holdings, Inc. (SPCE) stock discussion in Yahoo Finance's forum. Virgin Galactic 27.29 3.01 … Take a look at SQ, DOMO, NET, all companies with real products in hot industries that are leaders in their own right. New comments cannot be posted and votes cannot be cast. card. The reason I'd wait is because Richard Brandson is selling stock, and I believe there have been two instances already of reporting of when he sells and the stock drops pretty big, that said, he might be over selling, I don't know. SPCE broke a few support lines and boxed, just like everything else in the high-tech market, with a difference that SPCE was not over-extended from last year anyways. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. One stock in this space we wrote about in a piece titled A Closer Look at the Astra Space Stock Offering. I'm in SPCE because I'm a bit of a space exploration fanboy. SPCE - A stock for the future? I totally agree. I think you should treat this stock that way based on the uncertainty of the market. 117%. Stock Advisor Flagship service. Virgin Galactic, Momentus, Astra, Starlink IPO, ARKX and many more. Dumping your money into SPCE is a bad idea unless you want to try and get lucky on a gamble that won't pay off for many years (3+). Virgin Galactic Holdings, Inc. Common Stock (SPCE) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Posted by 1 year ago. Latest Stock Picks Investing Basics Premium Services. Trending now. 7. I would suggest only to invest in it with extra funds and to be prepared to sell at anytime. Check out our wiki and Discord! Editors note: This article was changed on Feb. 1 to correct information about the investment strategy and holdings of SPCX. Source: Charts by TradingView. I see it as a buy right now. There don't seem to be any real breakouts, and the stock fluctuates between 17.50 and 14.50. Thats why he wants you to fund SPCE and it's a publicly traded stock. Theres a reason SpaceX/Blue Origin are private. report. I would say there are better stocks with more stable ground that I would invest in if thats your objective. You can also make money using options with SPCE but thats if your risk tolerence is high af. Tourism? Press J to jump to the feed. They have no long term business model. The possible applications appear to be - just announced training of astronauts in zero G and “space tourism” for a bit of fun. Return. S&P. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Both are backed by billionaires that have income from other non-space companies that exceed 100B market cap where Bezos and Musk are worth 160B and 40B each. In the near future, however, the space industry will have to settle for more modest goals – like returning to the moon. Today's announcement, to me, made SPCE a little less of a spec play and is now a "real" company, now that they will be training astronauts for NASA. 9 comments. I bought 9 shares at $32.99, right before the "Corna Crash". It’s a space roller coaster for millionaires - I don’t expect them to ever display the value fundamentals to attract investment from me. Find real-time SPCE - Virgin Galactic Holdings Inc stock quotes, company profile, news and forecasts from CNN Business. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Virgin Galactic Holdings against related stocks people have also bought. SPCE is a cash burn and is unprofitable right now. share. SPCE. Losers: Elon Musk unfortunately did not have a very good week. Rooms Shows Rankings Earnings Calendar Shop. He's not selling stock anymore thats over. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. I wouldn't invest my home in it, but I think it's safe for the short run. Bezos has outrightly said that he will fund Blue Origin with $1B/year from selling his own Amazon stock. It seems like it could be huge. This is not a growth stock, it is purely a speculative play on an 'interesting' company that may have money-generating value in the future with a government/nasa/boeing type of contract but as of right now, its an absolute gamble. Mining the Moon for Money. The question you have to ask yourself is if you would rather bet on Virgin Galactic as a company achieving these things first, or SpaceX. Is it the Reddit traders, or is it name confusion? Beyond that, they won't be remotely competitive. Why spend 250k when you can get the same experience with SpaceX's planned point to point travel for likely 5-50k? I like SPCE but i'd hold off until it falls back to $16 or $15. SPCE’s product is effectively very high flying planes ... it’s like fake space. Also, StarShip. Message the mods. Low for future space travel if you ask me. SPCE, 240. I think it fell back down to earth (pun intended) and now people are rationally trading it. Sign Up. Yeah, that kind of happened before the pandemic. Blue origin, virgin galactic, and space x. Press question mark to learn the rest of the keyboard shortcuts. 83% of the float per my community college drop-out understanding and many of the short interest trackers online. We have seen another weak market day. Hypersonic point to point travel? They have had 1 satellite launch and it was a failure. There is no sight of profitability soon, at least over the next 3 years. I'm going to keep holding. I do believe in this stock, as I've listened to podcasts and interviews of the current leadership team. https://www.reddit.com/r/stocks/comments/hlj4gq/spce_a_stock_for_the_future/ SPCE Stock Charts Guide Investors While the Fundamentals Develop. Hot New Top. New comments cannot be posted and votes cannot be cast. While the fundamentals are still this murky, the only guide to … Falcon 9 costs 62 million (ok a lot more) but a payload of 22,000 KG. I'm okay losing my investment completely in Brandon dumps all his shares and the company goes bankrupt. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). Rising. What do you think about SPCE short and long term? Almost any post related to stocks is welcome on /r/stocks. Press question mark to learn the rest of the keyboard shortcuts. As we've seen with Gamestop, when a high-short-interest stock is bought up, and held for long enough the short squeeze can create *dramatic* results. Even blue origin I haven’t seen much hope for. Rising. SPCE | Complete Virgin Galactic Holdings Inc. stock news by MarketWatch. Share your opinion and gain insight from other stock traders and investors. hide. Hot. Also, if they can make real inroads on hypersonic tech, that would be a game changer for the entire airline industry. This is low earth orbit, very high altitude planes and a bit of a con. I have buys at 15.50, 15 and most recently 14.50. 0. SPCE. I've been burned timing the bottom, and I'm a sucker for these public space exploration/tourism stocks, so I bought in when it was at $16 back on June 2. SPCE is a pure speculation and extremely high risk - might pump up to crazy highs or completely crash. I treat it that way despite trusting in the company leadership. Members. I started accumuluting SPCE about 3 weeks ago, and have been watching it pretty tightly since. This thread is archived. The deal SPCE made with NASA yesterday is about transporting astronauts to the ISS, which will generate revenue, but like I said, no profit. Getting back to your original question: "is SPCE a long term growth stock"? The entire market cap of SPCE is like 3.7B in comparison and Branson doesn't have deep enough pockets to compete. No rush to invest though. Its best function right now is for traders to capitalize on its high level of volatility relative to other stocks.