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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":139955460,"tweetId":"139955460","gmtCreate":1621586786150,"gmtModify":1634187862415,"author":{"id":3571571652270606,"idStr":"3571571652270606","authorId":3571571652270606,"authorIdStr":"3571571652270606","name":"Angelicious","avatar":"https://static.tigerbbs.com/8d6b3ad2e386906d2452bb855ce86640","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":22,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Hi</body></html>","htmlText":"<html><head></head><body>Hi</body></html>","text":"Hi","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/139955460","repostId":1142793723,"repostType":4,"repost":{"id":"1142793723","kind":"news","pubTimestamp":1621586584,"share":"https://www.laohu8.com/m/news/1142793723?lang=&edition=full","pubTime":"2021-05-21 16:43","market":"us","language":"en","title":"Why Investors Should Not Take a Ride on Virgin Galactic","url":"https://stock-news.laohu8.com/highlight/detail?id=1142793723","media":"InvestorPlace","summary":"Virgin Galactic looks headed for a turbulent stretch, making SPCE stock quite risky.","content":"<blockquote>\n Virgin Galactic looks headed for a turbulent stretch, making SPCE stock quite risky.\n</blockquote>\nVirgin Galactic(NYSE:SPCE) is going&nbsp; on a very dangerous journey over the next 12 to 18 months. Amid multiple signs that SPCE stock could very well continue to crash during this trip, I continue to recommend that investors find a way to disembark from Virgin.\n<img src=\"https://static.tigerbbs.com/ad06c31458798e614ac58c360034dba2\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Christopher Penler / Shutterstock.com\nMore specifically, past technical issues, insider stock sales, and tough upcoming competition are among the reasons that I continue to be bearish on the name.\nPast Technical Issues\nAs I noted in my Januarycolumn on SPCE stock, ” On Dec. 13, 2020, during an attempted spaceflight, the engine of Virgin’s space vehicle‘did not fully igniteas it attempted to launch,’ company CEO Michael Colglazier reported.” Further, he said the ship’s computer had “lost connection” with the “‘rocket motor’ {and} the launch was automatically terminated.”\nIn that article, I explained why I thought that the incident would deter wealthy individuals from joining Virgin Galactic’s space journeys. But, with such voyages seemingly unlikely to launch for some time, a bigger concern for the owners of SPCE stock is how the company’s upcoming test flights will go. On May 20, the companystated that its next “test flight”is slated to take place on May 22, “subject to weather and technical checks,”Yahoo Financereported.\nBut after January’s incident, I fear that there could be other mishaps during tests that could cause SPCE stock to plunge. &nbsp;I think that such issues could harm the shares&nbsp; later this week and over the longer term.\nAlso not helping my confidence in the upcoming test flightare issues that Virgin has identified with the mothership that seems likely to be used during the test and the “repeated delays” of the test flight.\nOver the longer term, Virgin Galactic isreportedly looking to take civiliansto space next year. Any further delays of that target could very well cause its shares to crater.\nBillionaires’ Stock Sales Aren’t Reassuring\nAnother reason to be extremely cautious on SPCE stock is that, in recent months, two billionaires have sold massive amounts of the shares.\nSpecifically, asInvestorPlacereporter Sarah Smithnoted last month,&nbsp; Richard Branson, who launched Virgin Galactic, sold $150 million of the company’s stock, leaving him “with a stake worth roughly $1.6 billion.” And in March, billionaire Chamath Palihapitiya unloaded all of his shares, receiving $200 million for his stake.\nAs Smith wrote, famed investor Peter Lynch has said that insiders sell stocks for many reasons, including their “need for some money to send a kid to college.” And, for exactly that reason,&nbsp; it’s true that the stock sales of company insiders are not always alarming. She also pointed out that Branson is believed to have sold his shares to fund other investments.\nBut nonetheless, there are a few reasons why I think that theses stock sales are&nbsp; worrisome. First of all, they occurred within several weeks of each other. Secondly, Palihapitiya sold his entire stake in the company.\nAnd finally, both men are billionaires, not CFOs or company vice presidents whose net worth may be something like $10 million to $15 million. They’re not even CEOs who may be worth close to $100 million.\nI think it’s more than reasonable to assume that Branson and Palihapitiya, unlike most top company executives, have dozens of sources from which to easily raise many millions of dollars of cash. The fact that both, within a short time of each other,&nbsp; chose to raise&nbsp; a great deal (even for them) of cash by selling SPCE stock, should, I think, worry those who own the company’s shares.\nIncreased Competition\nOver the longer term, as Smith reported in February, Virgin Galactic is going to be facing some very difficult competition. After leavingAmazon(NASDAQ:AMZN) next quarter,&nbsp; Jeff Bezos is going to have more time to focus on his own space tourism company,Blue Origin, which is slated to launch its ownspace flight by the end of next year.And, by December, Elon Musk’sSpaceXplans tolaunch its own civilian space mission.\nFacing off against two of the most successful and disruptive CEOs of the current generation may not be an easy task for Virgin Galactic.\nThe Bottom&nbsp; Line on SPCE Stock\nWith Virgin Galactic facing very difficult challenges and showing troublesome signs, its shares are a sell.\nOn the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;Publishing Guidelines.","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Investors Should Not Take a Ride on Virgin Galactic</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Investors Should Not Take a Ride on Virgin Galactic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 16:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/why-investors-should-not-take-a-ride-on-spce-stock/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nVirgin Galactic looks headed for a turbulent stretch, making SPCE stock quite risky.\n\nVirgin Galactic(NYSE:SPCE) is going  on a very dangerous journey over the next 12 to 18 months. Amid multiple ...\n\n<a href=\"https://investorplace.com/2021/05/why-investors-should-not-take-a-ride-on-spce-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://investorplace.com/2021/05/why-investors-should-not-take-a-ride-on-spce-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142793723","content_text":"Virgin Galactic looks headed for a turbulent stretch, making SPCE stock quite risky.\n\nVirgin Galactic(NYSE:SPCE) is going  on a very dangerous journey over the next 12 to 18 months. Amid multiple signs that SPCE stock could very well continue to crash during this trip, I continue to recommend that investors find a way to disembark from Virgin.\nSource: Christopher Penler / Shutterstock.com\nMore specifically, past technical issues, insider stock sales, and tough upcoming competition are among the reasons that I continue to be bearish on the name.\nPast Technical Issues\nAs I noted in my Januarycolumn on SPCE stock, ” On Dec. 13, 2020, during an attempted spaceflight, the engine of Virgin’s space vehicle‘did not fully igniteas it attempted to launch,’ company CEO Michael Colglazier reported.” Further, he said the ship’s computer had “lost connection” with the “‘rocket motor’ {and} the launch was automatically terminated.”\nIn that article, I explained why I thought that the incident would deter wealthy individuals from joining Virgin Galactic’s space journeys. But, with such voyages seemingly unlikely to launch for some time, a bigger concern for the owners of SPCE stock is how the company’s upcoming test flights will go. On May 20, the companystated that its next “test flight”is slated to take place on May 22, “subject to weather and technical checks,”Yahoo Financereported.\nBut after January’s incident, I fear that there could be other mishaps during tests that could cause SPCE stock to plunge.  I think that such issues could harm the shares  later this week and over the longer term.\nAlso not helping my confidence in the upcoming test flightare issues that Virgin has identified with the mothership that seems likely to be used during the test and the “repeated delays” of the test flight.\nOver the longer term, Virgin Galactic isreportedly looking to take civiliansto space next year. Any further delays of that target could very well cause its shares to crater.\nBillionaires’ Stock Sales Aren’t Reassuring\nAnother reason to be extremely cautious on SPCE stock is that, in recent months, two billionaires have sold massive amounts of the shares.\nSpecifically, asInvestorPlacereporter Sarah Smithnoted last month,  Richard Branson, who launched Virgin Galactic, sold $150 million of the company’s stock, leaving him “with a stake worth roughly $1.6 billion.” And in March, billionaire Chamath Palihapitiya unloaded all of his shares, receiving $200 million for his stake.\nAs Smith wrote, famed investor Peter Lynch has said that insiders sell stocks for many reasons, including their “need for some money to send a kid to college.” And, for exactly that reason,  it’s true that the stock sales of company insiders are not always alarming. She also pointed out that Branson is believed to have sold his shares to fund other investments.\nBut nonetheless, there are a few reasons why I think that theses stock sales are  worrisome. First of all, they occurred within several weeks of each other. Secondly, Palihapitiya sold his entire stake in the company.\nAnd finally, both men are billionaires, not CFOs or company vice presidents whose net worth may be something like $10 million to $15 million. They’re not even CEOs who may be worth close to $100 million.\nI think it’s more than reasonable to assume that Branson and Palihapitiya, unlike most top company executives, have dozens of sources from which to easily raise many millions of dollars of cash. The fact that both, within a short time of each other,  chose to raise  a great deal (even for them) of cash by selling SPCE stock, should, I think, worry those who own the company’s shares.\nIncreased Competition\nOver the longer term, as Smith reported in February, Virgin Galactic is going to be facing some very difficult competition. After leavingAmazon(NASDAQ:AMZN) next quarter,  Jeff Bezos is going to have more time to focus on his own space tourism company,Blue Origin, which is slated to launch its ownspace flight by the end of next year.And, by December, Elon Musk’sSpaceXplans tolaunch its own civilian space mission.\nFacing off against two of the most successful and disruptive CEOs of the current generation may not be an easy task for Virgin Galactic.\nThe Bottom  Line on SPCE Stock\nWith Virgin Galactic facing very difficult challenges and showing troublesome signs, its shares are a sell.\nOn the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/139955460"}