Tag: Richard Branson
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Short Opportunity: Virgin Galactic Plummeting Back to Earth
So much for Virgin Galactic (SPCE). Weeks after blasting off to a high of $55.50, the sock plummeted to $16.61. Worse, it could fall even more after breaking below support around $15. Not helping, insiders like Chairman Chamath Pailhapitiya, Richard Branson, and Cathie Wood’s new space-themed ETF have been selling hand over fist. In fact,…