Source Post

$RKLB Stock Goes Hypersonic, Plus $ASTS Earnings and Comparison

The creator discusses selling a portion of their Rocket Lab ($RKLB) holdings, despite believing it's a fantastic company with strong execution and a positive outlook. They explain that the stock's high valuation (110x revenue) makes it overvalued, prompting them to trim their position as it rises, adhering to a buy low, sell high strategy. Another participant also discusses trimming their RKLB position after achieving a significant return.

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Tickers discussed in this post

ASTSBearishMedium ConvictionSignal-backedPrimary

Skeptical of ASTS's ability to scale its direct-to-cell technology despite a compelling idea.

RKLBBearishMedium ConvictionSignal-backedPrimary

Creator is selling portions of RKLB due to its high valuation, despite believing it's a great company.

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