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Trade Alert: A little space nibble (and a pic of my unicorns)

November 1, 2019 by Cody Willard Leave a Comment

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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Filed Under: Trade Alert

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

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This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

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