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Hey everyone, in this video I will be doing a brief analysis on SPCE stock, and also go into how Virgin Galactic plans on making Billions and what we should be doing as Investors in Virgin Galactic.
0:00:00 – Intro
0:00:28 – Spce Analysis
0:01:15 – Frustrated Investors
0:02:05 – New Buy Ratings
0:02:30 – October Milestones
0:04:55 – Investor Questions
0:08:18 – Investor Strategy
0:08:28 – Tesla 10 years ago
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Virgin Galactic has been one of the only stocks that has been positive for the entire year of 2020, despite the pandemic and other issues that the company has had to face.
Now back in February the stock price went all the way to up to 42 dollars per share and then all the way down to 9 dollars per share! So congrats to all of you that were able to grab some shares at that price!
But since then, the stock price has been very volatile with some major swings happening and staying around the 15 to 17 dollars per share range.
Now one of the main reasons why the stock price has been so flat has been because there has been a lot of scheduling and time conflicts with Virgin Galactic. We were all expecting Richard Branson to fly this year, but it’s not happening until 2021, which made a lot of investors question the company and business overall.
Now recently, there have been a few bank recommendations that have a “buy” rating for Virgin galactic, and currently there have been 27 completed milestones out of 29, and there has also been a great demand from high net-worth individuals for spaceflights.
Now, there are two major spaceflights before Richard Branson can be sent out to space, The first of its spaceflights will be on October 22nd. The flight will be the first of two that the space tourism company has planned to complete testing of its SpaceShipTwo spacecraft system and should have just two test pilots on board.
If the next two test spaceflights succeed, Virgin Galactic has said it plans to fly founder Sir Richard Branson in the first quarter of 2021.
NOW, NOTE THAT one spokesman for Virgin Galactic actually said that that the Oct. 22 date marks the beginning of a flight window, so the launch may happen in the days following. Before the Oct. 22 spaceflight, Virgin Galactic said in the filing that it plans to conduct four-hour test flights of the spacecraft’s carrier aircraft WhiteKnightTwo, with those flights scheduled for Oct. 1 and Oct. 7. And only if both flights are successful, they will be planning to send Richard Branson to space marking the beginning of their commercial space flights.
Now, if you watched my last video on SPCE, you know that a lot of investors don’t like to invest in Virgin Galactic because there are still some obstacles that they have to get through and could possibly go through during a very important few weeks. Not to mention that they are also the very first company in an emerging category. So there is a lot of risk involved, but then again whats reward without risk!
In this video, I really wanted to make sure that I was able to answer some questions that new investors may have or could potential have as Virgin Galactic is expected to make billions from hypersonic travel and its space tourism flights. This will also be a great video to watch to determine if you should buy Virgin Galactic stock right now!
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Is Spce Stock A Good Buy, Virgin Galactic Will Make Billions | SPCE Stock Analysis.
Are There Any Excellent Cent Stocks?
A business might also minimize its supply of stocks and increase the price of the shares. There are no guidelines on these Pink Sheets as I have actually said before. Your set of guidelines will be unique to your specific personality.
Virgin Galactic Will Make Billions | SPCE Stock Analysis, Play most searched explained videos related to Is Spce Stock A Good Buy.
How To Select Finest Cent Stocks
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When you offer stock on the New York or London exchanges a deal can be made basically instantly. As mentioned already, holding these stocks also carries a danger. The typical person can not purchase that numerous stocks.
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