Stocks & Markets Analysis
Views 3.3M
Contents 5432
Bailee
joined discussion · Dec 30, 2021 20:03
My play for 2022 & Beyond
$Virgin Galactic (SPCE.US)$ Virgin Galactic has gotten beaten down badly and rightfully so. They're getting investigated and every time Blue Origin has a successful launch, it makes SPCE look that much worse. They have tons of money left to burn, and they plan to have monthly launches starting January 2023. I bought shares with this one since the LEAPS don't offer attractive leverage and IV is very high. It can very well go back to the $30-50+ range, from the current $14 price tag if these launches come back without any issues.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more9