<center>![](https://cdn.steemitimages.com/DQmd6t9ZFsysbHVWrWcFqSNyZgjvxhx9nb7eArAWxX937DE/image.png)</center> Over the years, Branson has continued to venture into other industries. Branson's Virgin Group, a venture capital investment firm, has a hand in 60 business, in such big-branded names such as Virgin Atlantic, Virgin Money, Virgin Media and Virgin Trains. However, in recent years, his focus has been in space-tourism. In late October, Virgin Galactic debuted on the New York Stock Exchange and became the first publicly traded space tourism company. Virgin Galactic Holdings, Inc., an aerospace company, develops human spaceflight for private individuals and researchers. A couple of days ago, I gave an update on some unusual options activity that took place three weeks ago. Three weeks ago, the Smart Money bought over 15,000 January call options with a strike price at $11. I thought with such short date options, some type of announcement was coming. Sure enough last week, the company announced a key milestone that their second ship is now “Weight on Wheels,” meaning the main parts of the vehicle are assembled and on the landing gear. However, the option price at the January call option with a strike price at $11 didn't move on the news. ![](https://cdn.steemitimages.com/DQmYtTraDfUWN3uKbVhzYZRZbuTWQZKgWd2LXXWiid96Qgp/image.png) Now mind you those options explore on Friday, so in my post six days ago, I suggested closing out the position. However, since that post, the stock has climbed from $12 and went as high as $15.97 before pulling back today. I didn't understand why the pump in price until I went down the rat hole a bit more. <blockquote> Following Virgin's first consumer flight, which we reported last year was expected to take place in June, the company plans to scale operations with an estimated 16 flights to take place this year, 115 next year and 270 by 2023. The firm projects it will have $210 million in revenue and $131 million in gross profit in 2021 — set to be the company's first full year of providing spaceflights, according to an analyst presentation filed with the U.S. Securities and Exchange Commission in September. </blockquote> <center><a href="https://www.bizjournals.com/albuquerque/news/2020/01/14/virgin-galactic-set-to-hire-more-employees-in.html?ana=yahoo&yptr=yahoo">Source</a></center> Those stay options have nearly tripled in a span of six day. ![](https://cdn.steemitimages.com/DQmfEZYQr3FwNSJzhotxuD4bTBjPW4QFTh9oupNzLWT8Caz/image.png) But I think the move is just getting started. In December, Morgan Stanley initiated coverage of Virgin Galactic with an Overweight rating and $22 price target and said hypersonic point-to-point travel is the real long-term money maker for Virgin. I'm seeing bullish unusual option activity in the February calls. ![](https://cdn.steemitimages.com/DQmRvWk4sVtBg7Sz4pywwyX9MmbvsAwCreJL9VYHoc1Y21q/image.png) I'm seeing bullish unusual options activity in the March calls. ![](https://cdn.steemitimages.com/DQmVWRbPGSfr3YkuzmXRMjSCdTR23oJ1Ur2THGzm8aRBfSa/image.png) and even bullish unusual options activity in the January 2021 calls, which implies the move higher has plenty of legs left. ![](https://cdn.steemitimages.com/DQmWUzqbkYczPceF9zdGU9dfRgcfPNocEg5SXfZZavvsNzz/image.png) Space travel is truly the new frontier and because Virgin Galactic has a first to market advantage, this company is one to watch in the coming months. This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions. <center>https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upvote%20banner3.gif</center> <hr><center>Posted via <a href="https://steemleo.com/">Steemleo</a> | A Decentralized Community for Investors </center>
post_id | 83,475,928 |
---|---|
author | rollandthomas |
permlink | virgin-galactic-going-much-higher |
category | hive-167922 |
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created | 2020-01-16 00:47:09 |
last_update | 2020-01-16 00:47:09 |
depth | 0 |
children | 0 |
net_rshares | 6,175,196,174,805 |
last_payout | 2020-01-23 00:47:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.688 SBD |
curator_payout_value | 0.647 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 3,855 |
author_reputation | 314,613,806,869,622 |
root_title | "Virgin Galactic Going Much Higher" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
scaredycatguide | 0 | 149,124,412,613 | 50% | ||
carrinm | 0 | 159,794,884,277 | 20% | ||
mitchelljaworski | 0 | 14,635,372,644 | 100% | ||
spectrumecons | 0 | 997,573,004,716 | 22% | ||
toofasteddie | 0 | 46,243,877,498 | 13.5% | ||
exe8422 | 0 | 774,994,166 | 5% | ||
buggedout | 0 | 101,132,546,084 | 100% | ||
sebas04 | 0 | 610,491,325 | 100% | ||
nealmcspadden | 0 | 54,620,914,431 | 15% | ||
newageinv | 0 | 73,530,695,215 | 10% | ||
letshodl | 0 | 9,757,828,043 | 100% | ||
raise-me-up | 0 | 0 | 0.01% | ||
moeenali | 0 | 665,590,473 | 1% | ||
anthrovegan | 0 | 3,389,210,263 | 50% | ||
teutonium | 0 | 22,392,547,439 | 50% | ||
stmdev | 0 | 106,704,506 | 1% | ||
kywt | 0 | 9,986,086,244 | 100% | ||
moserich | 0 | 11,859,515,210 | 100% | ||
trumpman2 | 0 | 19,352,596,968 | 75% | ||
shortsegments | 0 | 706,749,586,642 | 90% | ||
investorsclub | 0 | 20,916,935,448 | 100% | ||
dalz | 0 | 46,899,535,596 | 30% | ||
jk6276 | 0 | 3,105,384,286 | 5% | ||
bitcoingodperson | 0 | 672,747,422,353 | 100% | ||
smartbee | 0 | 1,760,993,250 | 10% | ||
laissez-faire | 0 | 70,956,203 | 100% | ||
indianculture1 | 0 | 12,292,545,865 | 100% | ||
thejollyroger | 0 | 12,317,112,473 | 75% | ||
steempope | 0 | 449,374,180 | 70% | ||
plemmons | 0 | 2,092,048,829 | 100% | ||
limka | 0 | 37,195,818 | 100% | ||
hamsa.quality | 0 | 568,152,697 | 7% | ||
felixpower | 0 | 12,918,535 | 10% | ||
witcher73 | 0 | 1,087,087,149 | 100% | ||
anti-fraud | 0 | 19,996,719,342 | 20% | ||
coredump | 0 | 50,618,166 | 3% | ||
dtrade | 0 | 449,635,080 | 15% | ||
haxxdump | 0 | 128,473,188 | 5% | ||
astil.codex | 0 | 330,699,462 | 70% | ||
dalz1 | 0 | 585,036,009 | 50% | ||
missmodness | 0 | 371,874,252 | 35.5% | ||
neal.pal | 0 | 263,689,760 | 15% | ||
queenvictoria | 0 | 341,107,005 | 100% | ||
xiaoq | 0 | 346,852,838 | 50% | ||
abh12345.leo | 0 | 22,540,581,010 | 80% | ||
plook | 0 | 3,691,549,482 | 100% | ||
jk6276.leo | 0 | 1,803,742,143 | 50% | ||
leovoter | 0 | 750,725,254 | 65% | ||
mindtrap-leo | 0 | 1,103,140,287 | 35% | ||
leo.voter | 0 | 2,842,022,621,400 | 10% | ||
onealfa.leo | 0 | 463,120,912 | 100% | ||
cn-leo | 0 | 109,708,432 | 2% | ||
discordiant.leo | 0 | 1,319,523,663 | 100% | ||
neal.leo | 0 | 951,120,358 | 50% | ||
no-advice | 0 | 597,712,001 | 100% | ||
vxc.leo | 0 | 522,424,144 | 75% | ||
bearjohn | 0 | 632,679,153 | 50% | ||
ilias.fragment | 0 | 309,892,705 | 70% | ||
flipstar.sports | 0 | 29,073,764,286 | 100% | ||
babytarazkp | 0 | 5,409,527,756 | 100% | ||
freemanjaro | 0 | 848,036,590 | 50% | ||
abh12345.neox | 0 | 22,083,456 | 8.02% | ||
taskmaster4450le | 0 | 48,360,581,260 | 100% | ||
sra976 | 0 | 220,670,470 | 49.2% | ||
goinvesting | 0 | 518,022,382 | 75% | ||
spinvest-leo | 0 | 3,974,413,987 | 5% | ||
leotrail | 0 | 244,783,992 | 25% | ||
tonimontana.leo | 0 | 1,426,456,156 | 33.47% | ||
tonimontana.neo | 0 | 10,335,358 | 1.54% | ||
enison1 | 0 | 868,104,852 | 50% | ||
blocktvnews | 0 | 25,581,448,419 | 75% | ||
felander.leo | 0 | 658,716,991 | 100% | ||
volace | 0 | -9,237,657 | -10% | ||
rehan.blog | 0 | 545,525,784 | 100% | ||
leomaniacsgr | 0 | 1,101,173,238 | 75% | ||
toni.pal | 0 | 0 | 0.95% |