Virgin Galactic CEO Michael Colglazier: We will always keep strength in our balance sheet

Michael Colglazier, Virgin Galactic CEO, joins 'Closing Bell Overtime' to discuss Virgin Galactic's historic first commercial flight to the edge of space. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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[@ivotenotocensorship5247]

Explain why your stock is at 4 dollars. Your investors deserve answers at the very least. You have some very loyal supporters. Acknowledge them. Thank you.

[@borzlev2639]

this is a scam promotion its price is 1$

[@chasingnews2217]

Not a scam , they have diluted the stock which is normal enough however their approach to marketing and strategy when to dilute I don’t agree with, if the dilutions are finished now in the short to mid term then there should be no more barriers and we see this stock get back to $5-6 imo, the company worked tirelessly to get the craft reliable and they have proven now the this tourism model works , no one else in town offers a chance to go to the edge of space at those prices thus for me once delta is up and running it’s going to be very lucrative imo

[@doomtomb3]

“We will keep strength in our balance sheet… by diluting our shareholders”

[@tonymargavage8374]

Congratulations on your fist commercial launch! Keep up the good work!

[@olivier6456]

Why did u dilute the shareholder before the flight

[@imanueljagdeo2828]

They're raising money

[@MV-sy4id]

Alternative is to BK or Loan at 15%. Which option you take? Dillution is healthy strategy

[@roberthacker4570]

By diluting shareholders

[@brandonweaver6703]

As an Investor the timing of the Titan and the flights was horrible.. wasn’t virgins fault they had a timeline goal and just before that the Titan tragedy happened. Didn’t work out well for investors.. but I agree one thing and very different form another. Virgin Galactic does way more intensive testing.

[@positivetunnelvision997]

I can’t wait to hear the research results. Also liked to hear if the spaceships will be used to travel around the world. There’s a business for faster travel times. What ticket holder numbers do celebrities have?

[@vicenterivera69]

Love the company. Hate the stock

[@Leo-cy3hi]

Why over a month for the next flight? Why, what is the reason your marketing team needs to be fired

[@chasingnews2217]

Next thing is you could update investors what’s going on

[@Leo-cy3hi]

You are good at bringing the stock down. That's your marketing team. Do

[@grip7716]

Hey offering machine.. Who dares invest in your company? Sick of your kidding

[@SiddxaMurr]

scammers, a lot of investors lost money in this stock.

[@ToothlesstheNightFury510]

that’s how stocks can go. This is not the only stock to drop significantly and stay low for a while. They’re burning cash right now for sure! Did I just buy shares? Yes, because it’s a risk but these rich dudes want this to happen and if it takes 5 years or 8 years to hit $50 a share so be it, hold for long!

[@pankajagrawal8825]

Why your stock is sinking even your space plane flying to space? Please do something positive for investors.

[@saladien9987]

With 1/10 of the revenue (if they can keep up the monthly flights without issues) and increasing rates and of course competition. The stock just shows the insane risk. Either they communicate better how their road map looks like and then act on it or they only get moves up if there is some positive news. But a break out will only happen if there is a clear path to profitability or a short squeeze because of some event.

[@joshmaddren4088]

Meanwhile the world is going into another financial crisis.... 😅

[@allenmobley8444]

They’re distracting people

[@1337dude]

@@allenmobley8444 not working on me...

[@Mrafgmob546]

Crook. Should be jailed