If Market reverses since hitting June 16th bottom, we can break all time highs of 13.00 and possibly close the year over 30.00 +++
If the Federal reserve sees inflation is coming down according to todays CPI report and they decide to lower interest rates we could see a return of the bull market.
How many stocks do you know beat street estimates during a recession, war, inflation, supply chain issues high oil prices and is growing 400% YOY.
Here is where I see the stock going in a bull case scenario based on a DCF pricing model of 400% growth year over year and profit margins increasing from 6% to 45% and revenues going from 89M tooter 1 billion with less than 3% dilution.
This is not a stock to trade ! this is a long term hold 5+++years !! I firmly believe this can have Tesla like growth.
Will also be interesting to see of SpaceX makes offer to buy VLD or merge the 2 companies together giving VLD shareholders a chance to get in earlier on a star-link IPO or back end investment into SpaceX with a possible returns of 50X from these prices.
Remember Elon Musk said with out Velo 3D Space X would not exist !