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Re: Afterhoursearnings3 post# 9635

Monday, 05/09/2022 7:20:08 AM

Monday, May 09, 2022 7:20:08 AM

Post# of 10982
Hopefully right? As of 12/31/21, Virgin Galactic had $3.3 million in revenue, and net income of -$353 million. Market cap? $1.756 billion - and it got to as high as $57 within the past 52 weeks. It's now about 1/9th that price, at $6.80. So what's that cap at high, like $16/17 billion?

When I talk about potential and how people invest in a stock, this is an example I often give. May we see Masterbeat rise on some potential for future builds and revenue. OK, we won't get to a $1.756 billion MC. But do we have to? We're currently at $1.3 million. I'd say we have a wee bit of room to grow if this can start capitalizing on the housing market.