u/thetaFAANG · 54d agono track record yet
$SPCE Actual DD - heaviest sell pressure incentives to be hedging a June 18 warrant exercise
Virgin Galactic will rally into the SpaceX IPO as space sector momentum accelerates. Institutional warrant hedging activity (31.7M shares in-the-money, exercisable June 18 2026) creates near-term short pressure, but this is temporary covering ahead of a broader sector rally that the author expects.
At post $7.52Now $2.49-66.9% since postedas of Jul 24, 4:59 PM ET
1d-39.0%
3d-37.2%
1w-45.2%
1m-63.0%
3m—
6m—
1y—