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red sox 777
09/02/21 7:13:15 PM
#196:


On a related note, I find the practices of SPCE management to be possibly shady. Today the FAA temporarily grounded their flights due to an issue with the July 11 flight. Of course the public had no way of knowing anything was wrong from watching the livestream but the insiders must have known. So what did they do? Immediately announce a large share offering. Richard Branson also sold a bunch of his shares.

I'm starting to think that the time to sell SPCE is as soon as they announce good news, because usually a new offering or insider selling comes right after.

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