If company can cobble together a bullish presentation, the PPS could fly as their are no borrows, tight SS and cult like believers.
But in my opinion, the PPS is extended and I don't see any compelling scenarios mgmt. can lay out that's not already known, priced in.
The newbs in SPCE are often breathtakingly "green" and may lose both their greens tonight. I'm playing defensive, as can always trade this with the nest egg gained.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.