We review the coverage universe in our Pro service. Subscribers can read the note here. Winning calls to date include AJRD, DT, MAXR, SAIC and SPCE. If you're interested in subscribing to a Cestrian Capital Research service, check our main site or email us at minerva@cestriancapital.com.
Topics: Virgin Galactic (SPCE), Public Posts, Aerojet Rocketdyne (AJRD), Cloud, MANT, NOC, DT, SAIC, NET, ZS
Virgin Galactic (SPCE) has delivered a sound performance since we went to Buy in this, our Pro service, on 2 July 2020. In our latest subscriber note, we flag three recent newsflow items of late that we believe have implications for the stock.
Topics: Virgin Galactic (SPCE), Public Posts
Virgin Galactic (SPCE) reports its Q3 of FY12/20 tomorrow after the close. Our earnings preview for Cestrian Pro subscribers is now live. Relevant links as follows (S indicates subscriber-only):
Topics: Virgin Galactic (SPCE), Public Posts
Back in early July we commenced 'Pro' service coverage of Virgin Galactic (SPCE). We declared the stock a Buy. We said the market had not really recognized the degree to which serious people were doing serious work at the company. We thought the stock could outperform. Well, so far, it has. In a hot hot market, SPCE has outpaced the Nasdaq and the S&P alike since our Pro 'Buy' call. We walk you through this below and we consider whether taking profits now is wise or not.
Topics: Virgin Galactic (SPCE), Public Posts
In the six weeks since we commenced coverage of Virgin Galactic ($SPCE) in our "Pro" service, the company has seen its stock price soar and plummet, hired a new CEO, and raised a big chunk of change. Situation normal in the life of a pre-revenue company. Our August Update for Pro subscribers is now live. You can find it here. Not a subscriber? Purchase the update on a one-time basis here.
Topics: Virgin Galactic (SPCE), Public Posts, Space
Man Bites Dog
In normal times, startups raise money from traditional sources of capital - pension funds via VC fund managers, high net worth individuals, even corporates towards the end of any given bull market run. Then when the bad times hit, those startups have raised capital at usually high prices from those traditional sources and can use it to sustain losses through those bad times, until the sun rises once more. Until now.
Topics: Virgin Galactic, Virgin Galactic (SPCE), $SPCE