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MiamiGent

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MiamiGent

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Re: MiamiGent post# 375909

Thursday, 07/23/2020 10:31:42 AM

Thursday, July 23, 2020 10:31:42 AM

Post# of 376166
SPCE
VIRGIN GALACTIC HOLDINGS INC
26.6327 Up 1.0927 (4.2784 %) AS OF 10:16:03AM ET 07/23/2020

Space is in a mark up phase.
Richard Branson has been done selling for a while now (see my linked post). Further, he has secured rescue money for Virgin Atlantic (see link below) so unlikely he will sell anymore of his jewel Virgin Galactic, his only business not to suffer during the pandemic, save for his share selling which brought the PPS down.
I believe we are the early-mid stage of a run. There are some catalysts enroute.
This stock is aided by limited borrows, cult following and exciting possibilities
As always do your own DD and make your own decisions.

MG


https://www.nytimes.com/2020/07/14/business/virgin-atlantic-secures-a-1-5-billion-private-rescue-deal.html
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