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RE: Leo Talk 4/02/2021 -Come Join Our Chat

in LeoFinance4 years ago

It's more speculation but I think having more space related companies in the actual stock market is helpful. At least they have to make public their records so we are given time to see if they are legit. But it is another SPAC so do your own research.

https://www.cnbc.com/2021/04/01/ast-science-to-close-spac-deal-begin-trading-on-nasdaq-next-week.html

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Very speculative business right now. Outside of SpaceX who is doing stuff, hard to see who is going to be a player going forward. A lot of hopes and dreams, we will see who pulls stuff off.

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Yea I agree. The problem is SpaceX isn't public so I think the leader is SPCE or Virgin Galatic in the stock market.

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And those can be great options yet I think they are a long way away from profitability. Of course, that isnt required for a stock to moon.

It is an interesting segment to get into but very risky at this time. The winners will not likely be the ones we think today.

We saw the same thing with the Internet.

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Yea the space race is going to be tough to predict since there are just too many components. Also who knows which person will be lucky to pick to right direction and location to make it all possible. It's an anything goes situation right now.

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