/biz/ - Business & Finance

>>18481290
$PCE to make it or give up.

Any SPCE stocks holders in here? Virgin Galactic killed it yesterday increasing 23% and it's still going up now even though the overall market is going down lmao.

This is ridiculous, this company has no sales and is valued in the billions but I'm making money so I don't care. If watching tesla and uber taught me anything investors will buy stocks that have potential but negative balance sheets.

Virgin Galactic up 23% in a single day. Going to moon with all the free money the fed is injecting for degenerate hedge fund managers to gamble into this volatile stonk. I am so going to make it.

Can't suffer a drop in sales and share price from covid-19 when you never had any sales to begin with.

Contemplating whether to buy some stonks during the current happenings. Does this company actually have a future or is it just hype?

I think their sub orbital flights that only millionaires will be able to afford is stupid.However the tech they've developed might be useful for hypersonic travel across the world, kind of like concorde 2.0. Also with Trump's space force now a thing their spaceplane might also have military applications. Imagine an orbital space bomber or some shit. I would honestly just reconfigure their whole operation to defence. Just think of the potential if they could get a military contract a fraction of the size as lockheed martin's.Hell, maybe I should be the ceo of this company, then it would actually make some money.

>Company is 5 people
>Produces nothing
>Has nothing
>No profits
>stupid growth in 3 days
wtf meme did I miss? Should I buy in at $28/share?