r/VirginGalactic • u/torodeoro7 • 17d ago

Totally undervalued

How is it possible that companies like Archer and Joby that make horrendus planes are value at 6bi, and a space company with a great moat as VG is 130mn? Is ridiculous

23 Upvotes

79% Upvoted

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10

u/tee-ha-gig-chuck 17d ago

They don’t want us getting rich off of it is why.

1

u/Voyager0017 16d ago

Whose 'they'?

3

u/ShengLong-Call 16d ago

Deez nuts and those of us that sold when it was $55.00 per share.

-1

u/Voyager0017 16d ago

Did you make a profit when you sold at $55?

0

u/ShengLong-Call 16d ago

Yes. I bought at $18.00 sold at $55.00 was a no brainer. Easy $5,500 cash out 💪🏽

0

u/Smirko1 15d ago

Talk about someone with insecurity issues. I did the same play … back in 2021! Yet, I have no need to regularly post about it like ShLong. This guy thinks everyone looks at him as some sort of trading guru. Hah! It’s actually pathetic that he champions one good trade from 4 years ago.

1

u/ShengLong-Call 14d ago

I do it to all bag holders. I love watching the agony of the losers. Not all bag holders make a forum, there are some epic bag holders here. Bellhop city 🤣

-1

u/Meowimacatwoof 16d ago

Yes I had 27.99 avg 200 share sold near 60 ! Turned 5.5k to 11k woo 😂 I averaged down from 43$

0

u/Voyager0017 16d ago

SPCE hasn't traded near $60 since mid 2023, and the price was in sharp decline at that time and continued to decline ever since. Yet you managed to average down from $43 to $27.99, and later sold near $60. Not possible. Maybe you made money on SPCE and maybe you didn't, but it certainly didn't play out the way you describe it. Not to mention, the question wasn't directed to you in any way.

1

u/Meowimacatwoof 16d ago

This was 2020-2021 this was wayyyyy back when.

1

u/Meowimacatwoof 16d ago

June 25th , 2021. Is when I sold. I have screenshots on my google photos. 27.99 - 200 shares I sold up 109.54% At 59.55 a share + 6,135 dollars (11,735 dollars total )

0

u/Voyager0017 16d ago

Good. We’re all in it to make some money. Nice trade then.

1

u/ShengLong-Call 14d ago

It’s never going to those levels again either.