Virgin Galactic Holdings, Inc.

SPCE: $18.80+ Short Target ($20 Potential)

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First off don't take anything I say seriously or as financial advice. This is on opinion basis. That being said, let us get into my insights. Virgin Galactic have been doing lets of innovative things recently, and has a very well rounded executive management team. The demand for satellite launches and government contracts are expected to grow as a result of the 5G boom. Though they aren't the biggest player in the field, they have been making their large dent. They were also on a 3-month bull run before its current negative correlation wave. Now it seems to be meeting market support again, and the curve seems like it can go back up. I think realistically an $18.80 target is viable, and it has the potential to cross the $20 threshold. I'm having high hopes, even giving their earnings call is May 5th. Given the earnings call is May 5th, and Virgin Atlantic haven't performed well this quarter, I would likely wait until the dip to invest rather then purchasing prior to the earnings call (or try to find a way to quickly flip it), as mitigating potential risks is the best strategy. (Not to say that Virgin Galactic can't beat expectations.)

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