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$RKLB: Why Hamid Trimmed Rocket Lab (But Still Loves the Stock)

The creator trimmed 7% of their Rocket Lab holdings due to its high valuation (over 80x revenues), despite loving the company and its CEO, Peter Beck. This trim is part of a strategy to increase cash reserves, not a loss of enthusiasm for Rocket Lab's bright future and brilliant execution.

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RKLBBearishMedium ConvictionSignal-backedPrimary

Trimmed RKLB due to rich valuation (80x+ revenues) and to build cash, not due to lack of company enthusiasm.

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