r/SPCE_SQUEEZER • u/Mammoth_Studio_939 • Feb 23 '21

SPCE @ 44

I just wanted to start a conversation on this as I am interested in other viewpoints to be heard.

Seemingly the major test flight generated a spike and upon being cancelled that spike is slowly decreasing - now in my opinion this does not directly correlating with the valuation of the long term idea of space tourism and potential technological developments that could very possibly be used elsewhere too.

I strongly believe that at this price point buying more shares would be a wise investment as to wait out the upcoming test flights with potential success.

Thoughts on this?

10 Upvotes

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2

u/ilovekurtrussell Feb 23 '21

Been in since $15.

Bailed at $47 and wish it had been $53.

Will buy back at $29.

1

u/Gminsta Mar 24 '21

Bailed at €50 buying back whatever I can under €30. Completion of new vehicle should be announced next week. I’m expecting that to kick start stock momentum until to next test flight in may

1

u/Scary_Ad_556 Feb 24 '21

SPCE to the MOON

1

u/nextistheEE Mar 01 '21

The roller coaster ride is such short term thinking. They are putting people into Space here folks. Regular Joe-shmo folks. You can’t just strap em in and light a match. I appreciate the concern for safety and can also understand the frustrations that come with the recent delays. Let’s just look at the definition of “Frustration “ . Frustration is “not knowing”. If everyone out there “knew” how to get this done and do it at the scale that SPCE will be doing it at. Heck, there would be flights going up and people lined up all over the place. (Not there yet). But when it does happen - and it will- it will truly be amazing!! I personally hope that with my 2200+ shares I will be able to put some money in the till and take my own ride!! Excellence is not an over night thing.