I’m nibbling a little more SPCE (formerly IPOA), officially Virgin Galactic Holdings. The stock’s going to be volatile as it’s basically a venture capital bet on the future of space flight (and/or on what I expect will be a coming Space Stock Bubble) and there are no earnings or cash flows to speak of for now. I’m not making SPCE a big position at all, but a little nibble here while it’s off makes sense to me.
I like TWTR down here as you know, but my next tranche would probably come closer to $28 or below if it happens to go down that low.
UBER earnings on Monday, I’m holding it steady for now.
I’ll be in some this weekend writing so until then, rock on.
PS. Here’s a shot of my own personal unicorns:
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Why Stocks Rallied Today + Trade Alert: Bye WORK, Hi More Index Puts + Transcript
Trade Alert: Reviewing the playbook and adding to a wet one
Trade Alert: Puts on a new name and taking profits elsewhere
Trade Alert: Market prediction, neural networks and a joyous heart
Trade Alert: Start hedging against the election
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