Yes drop more
$Virgin Galactic (SPCE.US)$ drop drop drop… this is overvalued as of today…
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GM 1 : Pls kindly enlighten… how is this overvalued today :)
BuddyAPE GM 1 : obviously bull trap
KATechician OP GM 1 : The company has albeit no debts, zero revenue .. in terms of IV, $$Virgin Galactic (SPCE.US)$ is trash right now .. the price may be high, but it’s fueled by retail investors, most of which didn’t do DD, just riding on the hype and news ..
..
![face_with_spiral_eyes 😵💫](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f635-200d-1f4ab.png)
To those who bought the rumors, (20-30) congrats to you
To those who bought at 50-60 per share .. good luck (you’ll need it)
KATechician OP GM 1 : Yes .. I wanted to buy $$Virgin Galactic (SPCE.US)$ today .. but when I saw it’s price history and valuation, I scraped the idea of buying.. remember, virgin was once profitable .. but it’s not now .. the only possible way for it to be a value stock is if its first space flight is a booming success .. let’s hope it is ..