u/thetaFAANG · 9d 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 $4.71-37.4% since postedas of Jun 10, 4:59 PM ET
1d-39.0%
3d-37.2%
1w-45.2%
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