DID VIRGIN GALACTIC LIE TO US? SPCE Stock - Virgin Galactic - Martyn Lucas Investor @MartynLucas

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DID VIRGIN GALACTIC LIE TO US?

Virgin Galactic (NYSE:SPCE) has entered into a sales agreement under which it may offer and sell shares of its common stock having an aggregate offering price of up to $300 million from time to time pursuant to an “at the market” program.
Virgin Galactic (SPCE) intends to use the net proceeds to further accelerate the development and production of its next-generation spaceflight fleet, including an additional mothership and third and fourth Delta Class spaceships.
SPCE Stock - Virgin Galactic Earnings CALL - HUGE NIGHT!

Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which engages in the provision of consumer space experience using reusable spaceflight systems. The firm is also involved in designing, developing, and manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems. The company was founded on May 5, 2017 and is headquartered in Tustin, CA. The listed name for SPCE is Virgin Galactic Holdings, Inc.

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It’s definitely a pump and dump. Unfortunately I’m too deep in it to sell anything

erip
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It's been 3 weeks since this video and the outstanding share count for VG is still 28m.x mil. They're likely waiting for the price to shoot up significantly before selling. This is to fund the new mothership ahead of schedule

ZxMJKxZ
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I don’t think they will dilute until it’s gets to the $15-20 range.
Also, didn’t they announce the $300mil atm, in the earnings call?

toddmills
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im not so sure, after all its pretty cheap especially if it does start doing well virgin is a big brand, this could shoot up to maybe 10, 15 dollars depending on good news. only got a small position in it, after losing a fair bit on it. as it quite often sells off. but you never know.

coolhandlewi
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Glad I got out today with a 20% profit!

DavidGuin
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No to further hate on you ! It was your moral obligation to warn investors to get out last year, this is a scam company !! Where the owner does not run the company, look at Afrm and CVNA, 6 x and 10 x in a year !!! Why the owner, the founder still runs the show

aamerus
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My position is down 99% since I bought. I want my money back.

garydodson
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Martyn My thought on it they are in trouble 😅

mikekoza
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Don't make panic here my friend. They can tell what they want coz they fed up from people quotations. Them need intelligence investors how understanding how this business is hard really it's. But what I see how is hungry people of money how expected money tomorrow. If I will be them probably going to say even more tuff things to shake of dum people. I have time and I think per 10 years period they will be really great position🎉

mindaugasfilmanavicius
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I bought a stock at $56CDN dollars many moons ago ... will I ever see my money back ? lol

KlasicRock
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Why would anyone 'invest' in a company that hasn't had a single commercial flight, no real customer cashflow, the opposite of a moat and not founder engineer lead Rocket Lab looks like a much more solid bet

jasonbuksh