The Argument For Buying Virgin Galactic Stock Now

Virgin Galactic (NYSE: SPCE) stock has fallen so far that it has more cash on the balance sheet than the value of the entire company. If the company can get to commercial launch in two years, the upside for investors is tremendous, which Travis Hoium covers in this video.
---------------------------------------------------------------------------------
💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: asymmetric-investing.beehiiv....
TRAVIS ON TWITTER: / travishoium
📊 The charts I use are made with FinChat, the best tool for investment research. I pay for the Pro plan, but you can get started making beautiful charts and asking the AI questions here: finchat.io?lmref=OzAxng
📊 20% Off Investment Research Tool Koyfin: www.koyfin.com/affiliate/asym...
🎙️ 20% Off Conference Call App Quartr: quartr.com/pricing?via=asymme...
🧐Looking for great investment ideas? Visit www.fool.com/asym for ten top stock picks from The Motley Fool.
A portion of this video is sponsored by The Motley Fool.
Visit fool.com/asym to get access to my special offer. The Motley Fool Stock Advisor returns are 650% as of 5/6/2024 and measured against the S&P 500 returns of 150% as of 5/6/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.
00:00 Introduction to Virgin Galactic's Stock Split
00:53 Stock Price Analysis
01:32 Balance Sheet Overview
03:01 Future Prospects and Risks
04:32 Investment Opportunities

[@RomeoSfait]

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.

[@Clorisluta]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@catherinerea3569]

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

[@SheilaAnnerego]

To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.

[@catherinerea3569]

Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@ShukriVikas]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@sachynwagjiani1173]

I am cautiously bullish on the company, but they really need to keep updating investors on Delta Progress, like the Delta Diaries. Otherwise post Reverse Split this will continually be attacked by shorts relentlessly. There is also no room for error in terms of timescale for Delta.

[@martinlucero9594]

I DONT UNDERSTAND HOW RICHARD UNTIL KNOW DOES NOT EAT AND HAVENT TALK WITH ELON... JUST A PICTURE TAKING A CUP OF CAFE WILL IMPACT ON THE STOCK PRICE!!!

[@javiergutierrez925]

I still remain a buyer.

[@letsinvestigateit]

grabbed shares yesterday but only added about 2% to my portfolio so if it goes to 0 no big deal.

[@daveginvesting]

I would strong advise anyone against buying shares in this company.

[@DaKineSketch]

Branson likely to buy and take it Private unless it seriously pumps soon

[@JackMT86]

What happens to someone’s shares if it goes private?

[@mininigenovesi7333]

you can put 2 pc of your portfolio

[@martinlucero9594]

I DONT UNDERSTAND HOW RICHARD UNTIL KNOW DOES NOT EAT AND HAVENT TALK WITH ELON... JUST A PICTURE TAKING A CUP OF CAFE WILL IMPACT ON THE STOCK PRICE!!!

[@MrBananaSnacks]

Already lost just about everything. This is a major gamble at today's price. Not worth a look until at least the end of the year.

[@mustafaaktas6230]

It will go under 1 $ again. Great short.

[@arthurtreibs4174]

👍👍👍👍👍

[@hamjohn8737]

I'm a buyer...... I'll put money into it over the months and see what happens. Not a lot of money, but money never the less. If it tanks..... I've suffered greater losses in the past, no biggie here, it's not my retirement money 😂

[@anonymousdredd1981]

0 i buy

[@AM-lz2jr]

Why cause yourself the headache of holding a penny stock? Just buy meta, Google, or nvda

[@letsinvestigateit]

Cause these are the stocks that if they turn around can you make you rich on a small investment. Meta, Goog and Nvda sold all of them recently owned them for many years when they were not so popular. I owned meta since its ipo when they didn't make money and had a lawsuit. I bought at 20 a share. That is the time to buy is when they are not making money yet not when they are. The upside is limited. I got a lot of stocks wrong too that never made money but the ones that do always cover any losses on the ones I was wrong on. I am buying virgin for 200m market cap is worth gambling on that it can be profitable when its next space ships are up flying. And if I am right I have easily a 50x to 100x on a small investment in a few years. A few years is not that long way it goes by fast.

[@davidpalacios2230]

And Costco 😉

[@NorthN2TheEast]

Because those aren't gonna 100x or go to zero. This is a high risk high reward gamble

[@AM-lz2jr]

@@NorthN2TheEast that's how you end up losing money. By gambling

[@ItsSeals]

lol

[@CoolRestorations]

They should fire everyone then take all the money they have and put it in high yield savings account (5%) Then sell all rockets and any properties they have. Then open a total new company that has money chances of making money 🤦‍♂️😅

[@Financein10]

They got 1 1/2 years of cash left and you are saying they won't make it ready for ground testing until next year?? And 2-3 years until operational?? This is an obvious bankrupt company

[@AM-lz2jr]

I wouldn't even cover this stock tbh

[@253332]

It's definitely a speculative play. I have 1k on it and we'll see what happens in 3-5 yrs. If it works out, great. If not, oh well..I do think it's possible it works out, either through SPCE making it on it's own or getting bought

[@AM-lz2jr]

@@253332 trust me there are millions of stocks like this in the graveyard for every 1 that succeeds. I almost got suckered into this stock last year by the reddit bagholders, I would have been down 99%. I also got suckered into into mvis and ionq. In that span of time VTI has gone up 20-30%. You could have even bought the Starbucks dip at $72 recently and been up 10-12% or the meta dip at $430.

[@letsinvestigateit]

@@253332 You either lose 1g or they go into profit and you make 100gs. It is worth the gamble for me.

[@Stealmakers]

This company is a future bankrupt. Invest in it only with the money you are willing to lose without regret.

[@martinlucero9594]

WHO CAN DO THAT????? MESSI??? RONALDO???? TOM HANKS??? COME ON!!!!!