Tag: Space themed ETF

  • Short Opportunity: Virgin Galactic Plummeting Back to Earth

    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,…