Virgin Galactic - SPCE - Share Chat

I recently picked up a share in this so it’s probably my fault it’s falling :expressionless:

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I believe in its’ Space Tourism plan as well as 3 Mach travel.
Concorde couldn’t do it properly, time for Virgin to show how it’s done.
In 2024 I’m swapping my meagre 28.48 shares to 28.48 k :+1:

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SPCE seems to be following a familiar pattern where in the couple of weeks running up to a launch, the stock price goes up a lot in expectation. The stock price then tanks when the launch fails.

I don’t know what would happen afterwards if the launch actually succeeds since that hasn’t happened yet in recent memory, whether the price would rise significantly more or if it’s mostly priced in already but regardless I’m gonna buy this a couple of weeks before the next launch, enjoy the run up, and then probably sell for a tidy profit the day before the launch happens

Nice idea, but it would suck if the launch gets called off 2 days before :wink:

Can’t take anything for granted

Have we reached the bottom yet :sob:

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Hope so :crossed_fingers:

This is a hold for me … playing the long game here

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This is definitely a company and sector to watch over the next few years. Especially with the tech they plan on using for other airlines as well.
I just really hate it when, for no reason at all, it goes completely nuts and hit nearly $60 then drops. Always makes everything look so underwhelming even though uts still early doors. Same happened with my aphria position.

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Looks like Virgin Galactic will lose out on 1st company to carry private passenger to space.

Looks like we may keep dipping down can see $15 coming unless they announce the test flight on the earnings call next week.

I’m so glad I took some profits months ago. Massive fall today. I’m still holding a small amount, as I think it will go up at some time in the future.

Holding my 2 shares, 52% down oh dear :see_no_evil:

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You are not alone. 37% down but a few more shares than yourself. I’m holding strong. Long term view.

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Let’s hope they get a test off the ground soon, I think it’s a different proposition to Blue Origin, luxurious Mach 3 flight into space, experiencing zero-G in a beautifully designed cabin, this stock is definitely a long game

I bloody hope it “will go up at some time in the future” or it would be a bloody poor space firm :stuck_out_tongue_winking_eye:

I was 200% up at one point, perhaps should have taken a little off the table albeit will be purchasing more no doubt.

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Test flight confirmed for May 22nd it needs to go ahead and be successful and we could see a substantial rise in the share price again.

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Pleased I bought more at $15 now.

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