‘Twas the night before earnings when all through the house
Not a creature was stirring, the bears were shitting in the woods.
Stock Certs and Warrants by the iPads with care,
In hopes that Sir Richard soon would be there.
The bulls were nestled all snug in their beds,
While visions of 50 danced in their heads.
And mama in her <image removed>
And me into bed faster
Had just settled our brains on contracts from NASA.
Tell this to your bear friends:
1 . Strong Long Bulls were in before most of the institutional investors. How do we know? There were roughly a dozen institutional investors listed as of 31dec2019, but only 3 analysts. Do you know why? The movers and shakers hadn’t fully established their positions yet, and an analyst boosting the stock is counterintuitive to someone trying to add shares. I can’t wait to compare to the 31mar2020 lists.
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Look at the Market Cap. SpaceX is working on Series M funding with a valuation of $36B. Even if Virgin Orbit is added to VG/TSS (Virgin Aerospace?), the market cap is in the $12B range. SPCE came out early, pre-revenue, and created the speculative play for at least this year.
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Companies are worth the net present value of FUTURE CASH FLOWS. All current earnings will offer is if the current term (t=0) is on track from previous estimates.
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Fidelity contacted me asking if the could short my shares for a fee. The fee wasn’t high enough (only offered 5%) so I blew them off.
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Have you watched the videos of the 50,000 foot undock process? If you squint, you know what else that looks like? A hypersonic cruise missile that can take out adversaries weapons. This propulsion technology is marketable. Look up AMRAAM.
Ride this through, enjoy the narratives, be entertained by the bears and swing traders, and catch a 10+ bagger by the end of 2023.
-MFV