spce how to invest?

Up another $2 bucks. And yes now worth over $7 billion with revenues of less than a million ....

More fear of missing out, I feel the entire market is fear of missing out....

This company has to depend on the elite spenders wanting to go into space for 6 and 7 figures. This company has very limited amount of customers it can tap into. Space travel to me seems a bit far stretched. According to Popular Science magazines we should have had flying cars many years ago and space travel already there for the masses along with some type of living situation in space. I think economies have to show how powerful they are and need to keep advancing so now what better market to tap into but space travel and living as the new frontier to prove there is a market for space travel, which there probably is, but it's very very far off into the future. The way they mentioned that there would be hundreds of million of people living in space is just hype. Like I said we can barely take care of our infrastructural needs here on earth and they think we will be building living spaces for millions of people in space. Haha. Too funny. Its many lifetimes away if it even happens.
 
lovethetrade said:
The question should be 'at what level does it NOT make sense to throw your hat in and jump on the bandwagon? Probably when you're asking yourself this very question—you've already missed it, the market is now overbought.

Richard is definitely a great marketer; don't think I've seen a single post of his on Linkedin that doesn't involve promoting his own interests and trying to fill his bank account.
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That would be true if I was talking about coming in and buying the stock, certainly not when I'm intending to do. I'm looking to find a point when this thing comes crashing down and jumping in and buying puts or some other type of multi-leg option trade.
 
How to invest? Purchase shares and hold them.

How to trade? Now that is another question entirely. Definitely have a plan going in, and stick to it!
 
lovethetrade said:
The question should be 'at what level does it NOT make sense to throw your hat in and jump on the bandwagon? Probably when you're asking yourself this very question—you've already missed it, the market is now overbought.

Richard is definitely a great marketer; don't think I've seen a single post of his on Linkedin that doesn't involve promoting his own interests and trying to fill his bank account.
More...
what is wrong with you.
 
:rolleyes:

https://elitetrader.com/et/threads/cheap-xmas-present-that-will-be-really-cool.338869/
$10/share at the time.

3038726-inline-i-1-the-evolution-of-the-virgin-logo.jpg
 
I am thinking to buy a small real estate near the HQ or launching site in either Las Cruces or Truth or Consequences (what a name huh?) in New Mexico. Do you think it is sensible investment? I did hear that after Gigafactory built in Nevada, nearby town suburb real estate price has skyrocketed.
 
ggelitetrader000 said:
I am thinking to buy a small real estate near the HQ or launching site in either Las Cruces or Truth or Consequences (what a name huh?) in New Mexico. Do you think it is sensible investment? I did hear that after Gigafactory built in Nevada, nearby town suburb real estate price has skyrocketed.
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Maybe. How big of a parcel? How much per acre. What's it taxed as? Is there water available? What are the restrictions.
It does sound interesting.
 
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