Not many people offering trips to space. Chart looks good on the breakout. Earnings could be poor this quarter, but should get better once they open their amusement ride.
SPCE is one of the stocks on clear momentum, period.
The stock has being under heavy accumulation over the last weeks and we can expect a follow up movement after the consolidation period .
Buy point: Once the stock is through $20.04 on new highs
NYSE:SPCE
As TSLA continues it's rampage, there has been a heightened sense of delusion and greed in this recent market. Speculative names have been very spicy lately and SPCE is one of them. SPCE has been pulling back recently but today recovered back at it's all time highs. On the 30m timeframe, SPCE is consolidating right below resistance which is usually a sign of...
This stock is entering new territory and it reminds me of $TSLA a lot. There are a lot of private jets flown and used by wealthy people all over the world. I feel Virgin Galiatic will cut into that market by providing flights that are faster than conventional flight for normally long trips. With a price tag of $250K per flight, this is not for the average...
This stock does not even have a sustainable business model for starters.
1 plane
2 pilots
250,000$ a ticket
603 people have already paid for tickets.
Virgin Galactic Historical disaster
Branson has already killed one pilot trying to fulfill his dream of flying into not outer space. "At 10.51am PST 31 October 2014 39-year-old co-pilot Michael Alsbury was killed...
Stock cam e public a couple months ago and sold off for the better part of 5-6 weeks. Stock appears to be getting some interest over the past 2 weeks after bottoming in the $7 area and has been steadily climbing. Starliner launch today giving it another boost. Who knows if the race into space is ever going to be profitable especially at the prices quoted to...
