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Re: Monksdream post# 1067

Tuesday, 12/14/2021 12:39:12 PM

Tuesday, December 14, 2021 12:39:12 PM

Post# of 1395
The "rocket" or "space" industry isn't any hot topic or fad right now. Especially now with a bear market being the worst time for any space IPOs (and others also). Other than a limited group that has interest in it right now, with most of that group always being interested, it doesn't have the necessary "crowd" of over exuberance or "hot topic" ratings. I believe that will change sometime next yr and/or into 2023 when more attention goes to all the satellites needed for our ever advancing internet, data analysis, military and orbital space control.

And then when we develop a ring similar to Saturn's ring with ours being comprised totally of space junk (it is already in the process), we'll see space garbage scows developing IPO's in that sector. But that will probably take some junk piercing the space station with lives lost or enough of important satellites destroyed to effect cost to our individual lives to happen (not if, but when).

I look at all "space" stocks at the ground floor currently with some becoming the leaders and some disappearing to the wayside as we evolve into this industry. The ones who take the more risk now, will be the ones with the most profit acquired in the future. That also goes to the failures with the most loss. It's only speculative at this point with individual space stocks, but not speculative that the industry itself is about to grow exponentially in the coming years.

“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes

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