r/VirginGalactic

Sell

Per interview with Norah Patten in The Currency in Ireland. Site is paywalled but cites schedule delays pushing it to “next year”.

All of you guys celebrating evening of earnings and being cocky about easy put money or free money on your shorts/puts. 😂

We’re above pre earnings as of this post. Whether this stay up over the next week or so is another story but I know that those of you that bought puts expiring this week for earnings like $3.50 or $3 puts calling it “free and easy money” got wrecked 😂

This also shows that the market sentiment is changing. Previously with earnings if we dropped hard we stayed down or dropped even lower. We didn’t climb back up and even higher.

I know many of you guys made money over the years shorting this but what works for a while won’t always work.

We were down almost 19% last night and recovered to closing at only 5% down. Seems like the market doesn’t seem to mind that delay as much as it previously did.. probably due to the good ticket sale and lower debt and probably biggest of all: no more dilution at least for the near future.

I see 5x until first commercial launch. X 2 if success, with a possible x 3 pop. So 15 if fomo and 10.xx If steady commercial flight.

BUT

Ain’t nobody talking about “production in December”.

I think they are saving some knowledge of engine production for wholesale. Let’s see. 4k shares

I don’t think that quote should be ignored. It shows that that they are trying to sprint to the finish line and the company is willing to increase spending to make sure they get there.

Having people work overtime is expensive and I don’t think they’ll be doing it unless they are trying to meet the deadline

Michael just said they do not need to raise anymore capital right now which means NO dilution in the near future!!!

The VSS Unity didn't reach the karman line as far as I remember.

I do remember Branson getting astronaut wings then the definition changed and Bezos didn't get them!

Anyway. Is Delta going to fly higher and get above the Karman line?

I believe now that with the time line the company has put in place the stock as seen today will slowly rise until the first date on record in October and then that will decide the price movement after that either the tests happen and we keep going up or it’s rescheduled and we nose dive

They’ve been developing this spacecraft for almost 4 years, and it’s basically their only source of revenue and survival, yet they keep postponing the launch over and over again. Now they say Q1 2027, but where are the updates? No real testing footage, no meaningful progress updates, nothing that shows this thing is actually getting closer to flying. And this company went from an $11B market cap to around $300M. What the actual f is this failure? How is this company still allowed to be publicly traded? This shit should be delisted.

Has anyone else noticed Virgin Galactic’s recent ads/content?

https://adstransparency.google.com/advertiser/AR03288087409740218369?region=US

I thought we were transitioning toward the selling phase, especially with the new website and the calls to action designed to get people to sign up and eventually become customers.

So it’s weird that we’re not seeing more advertising focused on actually selling tickets. I was expecting to see at least one ad group focused on creating awareness that tickets are open for sale.