The Argument For Buying Virgin Galactic Stock Now

Virgin Galactic (NYSE: SPCE) stock has fallen so far that it has more cash on the balance sheet than the value of the entire company. If the company can get to commercial launch in two years, the upside for investors is tremendous, which Travis Hoium covers in this video. 

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A portion of this video is sponsored by The Motley Fool.

00:00 Introduction to Virgin Galactic's Stock Split
00:53 Stock Price Analysis
01:32 Balance Sheet Overview
03:01 Future Prospects and Risks
04:32 Investment Opportunities

[letsinvestigateit]

grabbed shares yesterday but only added about 2% to my portfolio so if it goes to 0 no big deal.

[sachynwagjiani]

I am cautiously bullish on the company, but they really need to keep updating investors on Delta Progress, like the Delta Diaries. Otherwise post Reverse Split this will continually be attacked by shorts relentlessly. There is also no room for error in terms of timescale for Delta.

[daveginvesting]

I would strong advise anyone against buying shares in this company.

[casienwhey]

The edge of space is not in orbit. It's just a very high altitude. Space tourism will become routine once we develop a space elevator.

[amyx]

I mean, I’m down 60%… idk if I want to hold 2 years to see where it goes.

If I was buying in, of course I’d consider buying shares at this valuation and price. Book value is huge. But…. My current position looks terrible.

[xxMrxx]

Can you do new update on this stock please

[Tim_Bucktu]

Not everyone will want to go into space on a giant firework, many will feel safer going on a plane.

[clifftonsolis]

Watching this Oct. 31, at $6 dollars! High risk high reward! Wanted to point out the training programs already up and running at a significant cost to become certified and many people in line to get theirs; this is long term and we are now definitely scrapping the bottom of what could potentially be a big hit for family staycations and research opportunities

[calr]

I’m thinking that once the novelty wears off the cost of a flight won’t be attractive enough for the mass market to sustain the cost of doing business.

[DaKineSketch]

Branson likely to buy and take it Private unless it seriously pumps soon

[GokuInstinct]

I’m buying a few here and there while it’s low. Just in case they start to make profit.

[jackalopewright]

It depends on your investing goals. If your goal is to lose all your money then now is the perfect time to invest in a company that will inevitably go bankrupt.

[hamjohn]

I'm a I'll put money into it over the months and see what happens. Not a lot of money, but money never the less. If it I've suffered greater losses in the past, no biggie here, it's not my retirement money 😂

[AM-lzjr]

Why cause yourself the headache of holding a penny stock? Just buy meta, Google, or nvda

[MarcosPalhares]

Travis: I remember from your video, in the second quarter the cash was around 750 million and after a new quarter with expenses of 120 million the cash remains at 750 million on the 3º quarter? I also remember test flight was scheduled for 2026 and the commercial flight in 2027. Now the test flight has been moved to 2027 and the commercial flight in 2028? Please confirm new VG report?

[whipplewrath-inc.]

Got 100k to play with buy in now retire in few years

[karlhanso]

since 12 of june it has lost 50% spacs are really bad invesments

[martinlucero]

I DONT UNDERSTAND HOW RICHARD UNTIL KNOW DOES NOT EAT AND HAVENT TALK WITH ELON... JUST A PICTURE TAKING A CUP OF CAFE WILL IMPACT ON THE STOCK PRICE!!!

[alan_clough]

This is a stock that can literally go to the moon, or erupt in flames.

[DanielGennaro]

I’m just interested cause I feel Millennials are gonna be hopefully going on more cruises. I feel like that’s gonna grow. They don’t allow kids. Adults only. I only went on one cruise - carnival. It was a effing daycare. But then again do millennials have expendable income like greedy boomers?? Not reallly no