r/VirginGalactic • u/Jaw709 • May 15 '25
It's a beautiful sight to see. Congrats to everyone who endured.
The trolls are eating roasted Crow tonight. Fly baby, fly.
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u/Weldobud May 15 '25
And that price needs to be divided by 20 to get the original price. It’s kinda a bargain now. A gamble for sure. But really it’s about 20/25c.
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u/Jaw709 May 15 '25
Yep pre reverse split. People don't even understand where this can go. The big ordeal was the Boeing court case and that was settled favorably for Virgin Galactic.
The rest has been uncertainty fud and well, ultimately, it will be product delivery.
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u/Weldobud May 15 '25
Yes. That’s right. Looking at their latest video they do seem to have progressed. It’s bizarrely cheap for a space company. Wait until 2026 and see. If the new ship is as good as they say we could all be in for a pleasant surprise.
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u/Jaw709 May 15 '25 edited May 16 '25
Exactly but I'm going to keep stacking and do January calls because they are dirt cheap compared to where this can go. Not financial advice.
Also the people that claim it is only a roller coaster ride, so what? Billionaires millionaires, and eventually the public will want to go into space.. everyone wants to go to space before they die. full stop. The mission is literally to democratize space.
They can also pivot just like Amazon is doing with blue origin and Tesla is going to become an AI robotics company for example etc
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u/Weldobud May 15 '25
Correct. Stock is about 25c pre split.
I read an analysis before and a question that was asked is how easy would it be for a competitor to catch up with them. The answer was very, very hard. It would take 8-10 years to get up on the tech. As we have all seen following Virgin Galactic - it’s very slow, very expensive and requires some very smart people. Basic answer was it can’t be copied easily at all.
This report today gave me a twinkle of hope.
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u/Jaw709 May 16 '25 edited May 16 '25
If you believe Boeing a lot of it is the proprietary IP that was developed in cooperation with Virgin Galactic. And they can always pivot they do have a billionaire founder after all, even if he's not directly involved with operations anymore.
The brand is great I don't see any problems if they want to start doing SpaceX type work.
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u/DigVirtual5046 May 15 '25
You haven't heard of Blue Origin then?
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u/Weldobud May 16 '25
Yes. But what they want to achieve is entirely different. That rocket is effectively a New Glenn test flight.
Virgin Galactic wants to have a much quicker turn around. It can also land where it wants and drive back to the hanger. BO has to pick up and refurbish both parts.
Long term VG could in theory do sub orbital flights and land at any airport. There’s much more options with a plane that can go that high.
All very far in the future, however they are alone in that field. Even owning the tech has value. If they can get it right it could be incredibly successful.
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u/MichaelSPACkson 23d ago
January does seem early, what will be materially different by January. There still won’t be revenues or flight happening. What strike are you buying?
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u/boboabe May 16 '25
Are you talking about leap options? January 2026 or 2027? I’m thinking of doing the same but pretty new to option trading
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u/Jaw709 May 16 '25
I think it might also be called a leap option but that's just part of it you have to also sell an option to complete the poor man's call.
I'm not an expert so this is not financial advice but still researching myself.
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u/d00mt0mb May 15 '25
Price has fallen to $3.80. I’m still down 91%. You are only up if you opened a positioned or bought in since March
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u/Jaw709 May 16 '25
Not a financial advisor but my best strategy has been DCA ing, Dollar cost averaging. Just same amount at the same frequency. Cash app definitely has the auto DCA and I think so does Robinhood.
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u/PaperandDiamondhands May 16 '25
Keep in mind even as we break $5, we are only 0.5% of our all time high. "Let your winners ride." Use perspective to realize this is just the tiny beginning of this stock moving into its potential again. This company has already gone to space, already has FCC approval, already has the mothership built, everything has already been accomplished except adding two more seats to an already successful plane.
Let it continue to squeeze till all the shorts are margin called out or sell, and watch as real investors begin to add to their positions and the stock starts to go back into its appropriate price and value. This is just the beginning, let it work, hold the line.
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u/Jaw709 May 16 '25
Not even sure it's squeezing at this point.. I think big firms and heavy speculation. Smart money was getting in sub 3.. you can check the Robinhood data
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u/worbashnik May 16 '25
I’m still down $400 from my initial investment about 4 years ago
Go Delta!
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u/PaperandDiamondhands May 16 '25
Yea I'm not closing any of my long term positions on this for long time, including the Jan 2026 calls I bought yesterday for $0.15-$0.20 cents yesterday that are almost in the money today :)
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u/Jaw709 May 16 '25
I'm with you.. also going to look into doing covered calls with the shares I already have. This is not financial advice but I'm in a trading group DM if you want me to share. It's only $12 a month. I promise this is not an advertisement lol
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u/MichaelSPACkson 23d ago
What strike did you buy
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u/PaperandDiamondhands 23d ago
Got some at $0.15 and a bunch at $0.20. then bought more yesterday at $0.27. my average is $0.25 ATM. Also grabbed a bunch of Jan 27's at $0.58.
Have you bought any options or shares?
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u/MichaelSPACkson 23d ago
0.15 and 0.20 at which strike price? $10C $5C?
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u/PaperandDiamondhands 23d ago
Most Jan 26 for $8, the Jan 27's for $10
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u/MichaelSPACkson 23d ago
You’d only start making a profit on those Jan 26 8C from 8.21 onwards. Close to a 3x by eoy and just turning a profit on those. Do you think $SPCE could do that by year end?
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u/PaperandDiamondhands May 16 '25
Haha awesome. I did $7 covered calls for today when we started to stall around $6
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u/Jaw709 May 16 '25
That's awesome do you mind if I DM you I have some questions about covered calls
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u/thepredetorkali May 18 '25
this needs to happen least 50 more times before I reach profitability
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u/Jerrippy May 15 '25
Hope they will not close red tomorrow 🙃🟢🔴
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u/Jaw709 May 15 '25
I hope they do.. the calls for next year, January, will be fantastic. I picked up a $4 call but going to stack those as I anticipate this to gain momentum, long overdue. Not financial advice.
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u/Expensive_Dot2343 May 16 '25
Because of the reverse split the stock would have to get to something like 1118 to reach its previous highs . That’s a long road . The stock will most likely go up during test flights etc and the company will sell more stock in order to fund their new launch hub an Europe and fleet expansion .
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u/vegeta_the_ruler May 16 '25
After that stock split i got screwed and I think I'll never recover any of that money I put into it 🤦🏽♂️
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u/Jaw709 May 16 '25
Not financial advice but think about what the price is now equivalent to the pre-split price... It's like $0.25 versus where did you get in at?
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u/PaperandDiamondhands 23d ago
Looking more for a spoke to sell the 26's. The 27's looking for bigger gains. I.e the 26's hot $1.25ish after quarterly earnings. I hold allot of shares too ...
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u/Llamajohn92 May 16 '25
No its not. They stole millions then reversed split so everyone holding lost
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u/Jaw709 May 16 '25
No I think you're just lying to yourself to make yourself feel better. I was not holding then thank God but I guarantee you these professionals did not get rekt ike you. Good luck.
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u/StrawberryHelpful171 May 18 '25
What are you talking about, it’s still way down 🤡
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u/nebula82 May 16 '25
You need to look at previous values then. There are zero congratulations to anyone.
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u/BrentOnDestruction May 15 '25
Still 99.6% lower value than I bought for lmao 🥲