Strongly considering opening a sizable (to me) position here at $18.
Asking those that have owned the stock for some time (and follow earnings reports and fundamentals) what you think about its current price and what your outlook is for the long term.
Also any insight on the space sector in general is appreciated, I've been in and out of LUNR for a couple of years now, it's my only space stock but this PL dip is hard to pass up. If it's good enough for Google, it's good enough for me.
Posted by Bluebird-9641
3 Comments
Would be nice to see them do well, but, feel like there a lot of competition in this space already and not sure Musk SpaceX isn’t going to be the dominant player here. Hard to say. I wouldn’t go all in.
Hyper competitive space with little to no revenue. It’s predicting 3-10 million in profits this year at a 6 billion market cap. Sorry but that’s incredibly overpriced still. I know the graph looks tempting but it’s still too crazy. There’s also better options in the space imo.
PL looks much more interesting around $18, but dilution is still the main risk. Revenue is growing 40%+, backlog is $815M, and defense demand remains strong. I’d keep the position modest until the ATM and contract conversion become clearer.
[https://app.goai.digital/share/u_AcoJ_fAAQOmemaZrCBU4WQ?utm_source=reddit&utm_medium=social&utm_campaign=PL](https://app.goai.digital/share/u_AcoJ_fAAQOmemaZrCBU4WQ?utm_source=reddit&utm_medium=social&utm_campaign=PL)