$Virgin Galactic (SPCE.US)$ why isn’t it moving up?
$Virgin Galactic (SPCE.US)$ why isn’t it moving up?
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Kifff : Buy the rumours, sell the news. I learnt it the hard way. Sell before it plummets more when market opens.
BuddyAPE : nb....
Donald A : lol. This has huge potential but the manipulation in the market won't let it fly. Buy and hold for the future. Shorts win the short battle but we win the war.
Kifff : Oh and they also announced they’re selling shares to raise capital if you guys haven’t yet realised
Avestor OP Kifff : No wonder!!
Kifff : Take this as a lesson to never be greedy. Especially when trading hype stocks. I took a HUGE loss some time back and I learnt to take profit and run whenever possible. It’s just ridiculous how easily the market can be manipulated. People buy the rumours and sell the news. On the company’s side, it is smart of them to sell shares as it’s trading at a overpriced value currently. Obviously , it’ll hurt the retail traders as it drives the price down but for the company in the long run, it is extremely good for them. So u guys can consider entering the stock again once the sell off subsides in a couple of days. Good luck guys!