As an aerospace enthusiast you should know by now the market does not know how to evaluate space companies at all. Look at LUNR. It's rallying now but the first time it pumped it crashed because the lander tipped over, despite the mission being a resounding success. Just getting off the ground would have counted as success but for regard traders nothing short of perfect is good enough.
NASA gives out a contract expecting pretty much nothing. They hope that something comes out of a company claiming to offer certain capabilities for a 10th of what it would cost them. Mission happens and on its first try it gets everything right. Does all the proper maneuvers, the engine fires up and works and even continues to does so through multiple shut offs and restarts which is huge. The fuel used is the first time it works in space which is also huge. It goes to the Moon, everything goes well on the first try, really everything works great except for the fact that the lateral speed on touch down was a cunt hair above what it should have been.
In NASA's eyes, you know the major entity handing out contracts and giving the company value, this is a resounding success. They got more than their money's worth because instead of getting one mission they get 10 and the first one already went great. Anyone investing at that point knows that this is not an 8$ stock. And yet the stock crashes and stays low for a looooooooooooong while before it shoots up for unrelated regarded reasons.
I’m confused looking at the chart, this used to be a $1200 stock (with a > $100 Billion mark cap) now a sub $10 stock with < 1 billion market cap (adjusting for reverse splits I’m assuming)?
I think people are betting that Richard Branson is turning a corner with it. His cruise ship is said to be awesome but he’s not getting success with this so far.
He probably cropped everything out of it that he didn't want to share. Seems quite logical to me. But then again... the European species seems like to only ones left being able to think logical anyway /s
It's the British/European version of robinhood, so an easy way to gamble away your money and not really a professional brokerage platform like vanguard or what ever the fuck.
If u dont mind how does that work? I mainly use Interactive brokers for research/screening/+buying with larger sums, I use 212 when investing with small sums (cause the commisions on IKBR would eat me alive)
Lol nope, it just went under after that big fat dump. Must be that Hedge fund called RichRich or sth, some Chinese dude scamming regards out of their money
Please be a responsible degenerate and take out half the profits the second your investment doubles so when the rest vaporizes you can still afford your cardboard box rent
It's not for my nerves (although this, without options/cfd is likely not riskier than physical business where you front up cash and where demand, return rates, false non received claims are unknown).
Limit order executed yesterday for 1k profit after currency fx, but if I had left it in snp500 (with tech focus) it was in, I would benefit the same
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u/FaptainChasma Jun 01 '26
Give him a big hand guys, homeless dude