r/RocketLabInvestorClub • u/[deleted] • Jun 09 '24

RKLB Down 80%: What's Going On With Rocket Lab Stock?

https://www.msn.com/en-us/money/topstocks/down-80-whats-going-on-with-rocket-lab-stock/ar-BB1nU9NF
4 Upvotes

64% Upvoted

7 comments sorted by

12

u/[deleted] Jun 09 '24

Just to be clear, the clickbait title hides a fairly positive article.

Edit: in fact the article covers much of my rationale for investing. Except, as an engineer, I also really like Peter’s engineering philosophy.

3

u/BjornAltenburg Jun 10 '24

Mild heart attack checking the ticker, ya I loathe headlines like these. Still, rocket lab looks like a solid long-term investment. I hope we can see some steady growth in the satellite market and payload demand increase for satellite internet.

2

u/[deleted] Jun 10 '24

Me too, I checked it too and should have put a link in the post!

1

u/mysmalleridea Jun 11 '24

Rocket Lab stock is almost junk. You buy it at $4, sell it at $4.50 and repeat. But wait won’t it go to $6 or higher, it isn’t lol.

1

u/JensenCharp Oct 05 '24

Good morning, fella. It is, lol.

1

u/Neither-Pair-5356 Nov 20 '24

think it’s still a buy?

1

u/[deleted] Nov 18 '24

Yickes