/biz/ - Business & Finance

>>57839687
I have 16,000 shares with a cost basis of $0.99. I’m not rich, I’m just overly committed because this is the first company that I really did my research on. I only started investing this year, so I have a lot riding on this. If this fails my wife will never let me invest in anything except ETFs from now on. But if it succeeds, I can enable options trading on the account. I wish I understood options trading so I could be more bullish in this company. But idk I’ve known people who lost a lot of money on that and I’m not the gambling type. I just like holding bags for now. I trust the trekkie running LLAP to make these bags heavy

>>57560236
It has $2 billion in government contracts. Lockheed martin owns 30% of the stock but says no current plans to buy out. It’s based in Boca Ratan, Florida aka the capital of Jewish Floridisrael. They manufacture military satellites. There is a growing need for such military satellites, and currently the deficit in manufacturing capacity is expected not to grow fast enough to match growing demand. They used to manufacture gay little cube sats but stopped, most of the complaints you see online are from staff who left when they became 100% focused in military industrial projects

The bad: the CEO is a fucking Trekkie. LLAP stands for live long and prosper. He is trying to also invest in robotics, which is a huge money pit. He really thinks he is going to found the united federation of planets with this company. Personally I love star trek and hopes he succeeds like Musk did, but I fully expect such a pie in the sky person to fail. But the P/E ratio is like 1 and they have guaranteed income plus an actual paying client base. The fundamentals are there. In my opinion the likely worst case scenario is a lockheed martin buyout. That being said I could loose all the money I invested into this trekkie meme stock, im prepared for that. I wanted a gamble and this is it. They went public right before a huge crash and I believe their initial valuation to be mostly correct.