Week out from financial data. Also, Nasdaq is doing well. We sit idle waiting for the 13th end of day reporting and see what the future holds. Could keep rallying till Nasdaq hits 14k+ and we could move toward the bottom again.
I sold rockelab back in early August because I felt the concept per cost wasn't aligning with suitability like you see with Space X again, the market holder, and most likely going to stay the leader indefinitely. But those medium lift vehicles aren't in the same business model as astra, which is a low cost throw away deployment vessel. The concept hasn't changed, keeping the deployment to a shipping container and obtaining payload that doesn't need excessive fuel demand to reach orbit. Instead, the deployment is reliant on the rocket. The problem with ride share is the deployment vehicle/payload demands excessive demand to reach those orbits vs on demand deployment to specific orbits. Again the argument is always made space x can do. Which is true, but I'm doubtful the affordability and repeatability is there for the market share astra is looking at. Basically at this point Astra is and needs to focus on backlog and keep rocket 4 sailing along. Once and only if they test alpha and brava will anyone see movement here. The idea of 1 rocket a day isn't a pipe dream. They will most likely run into supplier (engine) bottle necks before that milestone is touched, but proof of concept has been achieved. I come from the defense sector, so lean to me is so important if you truly want to drive cost down. People can joke and doom n gloom all they want, but astra has time especially since most competitors are over a year or more out and their direct competitor is stuck with a massive RCCA before their next deployment. Out of all the publicly trade companies, astra has the advantage to switching gears and surviving as the market changes in real time. Do I agree it's a big if? Sure, but time in the market beats time out. We honestly have no clue how this concludes or what comes within the next Q1 of 24. If November 14th roles around and they didn't Raise the cash or they haven't finalized some cyro testing and caught up thruster backlog its going to be a bad day, but until that day I have zero plan on retreating my 7k shares.
Hope people sold their rocketlab... that 2nd stage is looking to be problematic. The S&P is bouncing from that 13k to 14k might be a little bit of a buying opportunity, but I would buy astra before I bought more rocketlab. Cheers.
You assume way to much about what products we support, but I can assure you that bird doesn't fly without our "widgets". People can play it safe and tout statistics on what could or couldn't be, but I don't let news shadows my calls on stocks. If people are trading based on what they read off a personal thread, that's wrong. They need to dig and understand the dynamics of the world stage and what piece of the puzzle each company plays. That's just how it goes. I don't claim to become a millionaire here. I just want to see the good in what's coming. That's reasonable, especially with so many uncalled variables. We have published data to react to, which isn't good, but you never trade the news. Never been that type of trader. The outcome here is a flip of the coin like everything esle in the stock market. Fear isn't a trait that warrants success. You either are a player in the stock trading game or you're not which in that case you lock yourself into your ETF and head back into work like everyone esle.
I work for a major defense contractor, and there aren't enough launch platforms to go around. The space sector is growing beyond comprehension. Not to mention, they are alone in their own weight class at the moment.
You must not have much exposure to the cash flow in the defense sector. Currently, as war is looming, the funding for hypersonic defense is booming. Weather and geostationary weather applications are endless, and overall budgets are unwavering. For the hypersonic threat in terms of a nuclear hypersonic missle the whole defence space grid has to be upgraded/replaced since conventional plume and other detection methods are applicable anymore. Space if you're not investing it it you will be left behind. There's a slowdown, but space is only growing at a rapid pace. I guess I'm biased, considering I work in the field on the space coast.. don't overlook the now.
I do look forward to the data that comes out from the TROPICS Constellation and what that does for the model data this year. #rocketlab did a great job following up from #astra deployment failures. I'll be striaght up with you guys if you don't adapt to how the consumer intakes and views reporting people will continue to disengage. People are questioning everything now and there's no doubt in my mind Mikes page has those followers for a reason. It's not something to be taken lightly, either. Loss of credibility is dangerous, but not understanding why is as well. Don't get stale in an ever changing social space, is all I'm saying.
The thing with social media meteorologists is that it's one person trying to gain attention via talking about the weather. That inherently comes with the danger of them valuing attention over accuracy. For a lay person, it is significantly harder to determine if what they say is true, or how reliable the prediction is to be correct (i.e. 'no i can't tell ya if it's 20 degrees in 10 days, just if it's likely to be lower/higher than now)
Inaccurate distribution of information I agree is wrong, but I just find it very hard to say indefinitely that these social media heads providing historical and official data is considered invalid. I represent a significant portion of people who check all the charts out and make decisions. The main group of metrology heads in my area seemed to almost follow or emulate Mikes page in many ways. They have done such a horrible Job with transparency in the past or on their offical outlets. Last season was an indication I trust model data over what X anchor is afraid to say "it's too soon" to tell. Or like I said previously, claim the big bend when the majority of the Data was clearly indicating SW Florida. It was cringe how much the GFS was being favored in the reporting, and when the govenor came out and bolstered those claims I was cringing at the potential death toll in SW FL. Again they don't want to react too early or too late, but that ball was dropped so hard.
Their board has some really smart peers on the panel, and I don't think they are going to split at all. Seems like their financial chair is confident in the extension, and they are closer to a WDR than we think. I will be bold and say we will see a WDR by September and a launch before October. Again fairly bold, hypothetical, but they aren't far off. Figure the tech isn't untried. Their first stage is a tried and true firefly lease. The 2nd stage they learned from their RCCA 6 month report from rocket three failures.. hopefully. I'm actually considering buying a considerable share count in late April if we aren't delisted next week. I've just always lived by the no risk no reward. I believe in the project, and I will see it through. 🫡 add you some RKLB and BKSY as well. 😀.
With the news of Virgin hitting the market and the overall market being down This isn't going to be a day by day fight. Only thing I want to hear is being extended till October.
Stop being so close minded ffs. Once we get through R&D on rocket 4 and get some successful launches going, we are going to see shifts into government contracts. There's nothing more unique when you can deploy an asset on a small-scale launch setup anywhere in the world on specific orbits.
I wasn't planning on making a presentation here, but correction would be I own most of the publicly traded space equities worth investing in. RKLB, BKSY & ASTR to name a few. One of the considerations is owning Tesla, but I sold out a while ago. I plan on being heavy space allocated for a long haul. I was heavy oil for a while and shifted early into space equities. There's no bad arguments here, especially when the unknown variables exist. I'm just very optimistic about how space is going to draw in billions of unallocated options & customers. Space is a real-estate item card that people don't realize is the true last frontier. Even my company is trying to become a Prime supplier.
Trust the process they are just gearing for their appeal. Yeah it's scary, but ultimately the overall market hasn't helped anything. If they do find solid evidence it would he interesting what happens next.
From what I've been told "Bartek Malodobry - I believe Astra purchased the IP to produce the engines with a restriction to place not more than two on a LV. - someone correct me if I’m wrong - This is different from buying someone else’s engines. Chris Kemp was clear at the time that he didn’t want to rely on another company supplying them. He was focused on supply chain issues back then. You need to remember that at the time, the company was focused on a desire to have a high launch cadence. That seems ages ago, and today it feels like cash flow, not being delisted and getting a working LV would be the priorities. I’m excited to see the company still moving forward."
I think since they obtained 22 of these engines, they aren't saying much since the deal itself between firefly and Astra was fairly close loop. This may be since they are working on their own iteration?
China doesn't win war by conflict, but by buying their way through conquest. They are masterminds at taking over regions by "helping" after national disasters and building infrastructure that the sitting country could never pay back. This is why we need to stop the cash cow that is China in simple terms, taking over the country one check at a time. It may sound crazy but ask Jamaica, South America, and any place China has done work. China has and will always be the long game. America has a hard time since our policy changes every 4 years*.
This isn't right. We need all the rocket companies moving forward in this country. Our forward trajectory depends on it. Failure isn't something to joke with. These are real people building real products. Astra has had their own failures, and we always will support our space competition. There's so much expansion coming to the space market and not enough platforms to support it. I wish their team the best as they recover on what happened.
Half the reason I'm still here and many others is Astra isn't getting delisted. There's a chance, but they have options, and even burning cash through R&D, they have equity firm interest that doesn't want them to fail. There's plenty of upscale here it's just going to take time. Once they start testing rocket 4, you will see some interesting signs. Yes, I'm optimistic, but what stocks aren't down over 30+% right now?
That's a dumb reason to hold. I hold because money isn't real. Assets are real. Evaluations are real value. I just think being closed-minded when a company gets a warning and is burning cash at a fast rate, the hype men always stick to their emotions. This isn't some game. This is real people making real products. Failure occurs, and so does innovation from those failures. Good luck to you on the journey.
Bump
Research isn't dead. I purchased some as well, 16k shares
Astra bad. Rocket lab good
Clearly for now, but let's not forget 2024 and the bleak outlook there..
I made my exit. If any of you helped today, you have my prayers & blessings. Good luck, apes.
ASTRA.
https://www.marketscreener.com/quote/stock/ASTRA-SPACE-INC-124363480/news/Astra-Space-Accelaration-Increase-of-Financial-Obligation-Form-8-K-45240986/
More info
Week out from financial data. Also, Nasdaq is doing well. We sit idle waiting for the 13th end of day reporting and see what the future holds. Could keep rallying till Nasdaq hits 14k+ and we could move toward the bottom again.
Because it's a rumor/off the cuff comment. We don't know anything yet.
Cap
[удалено]
I sold rockelab back in early August because I felt the concept per cost wasn't aligning with suitability like you see with Space X again, the market holder, and most likely going to stay the leader indefinitely. But those medium lift vehicles aren't in the same business model as astra, which is a low cost throw away deployment vessel. The concept hasn't changed, keeping the deployment to a shipping container and obtaining payload that doesn't need excessive fuel demand to reach orbit. Instead, the deployment is reliant on the rocket. The problem with ride share is the deployment vehicle/payload demands excessive demand to reach those orbits vs on demand deployment to specific orbits. Again the argument is always made space x can do. Which is true, but I'm doubtful the affordability and repeatability is there for the market share astra is looking at. Basically at this point Astra is and needs to focus on backlog and keep rocket 4 sailing along. Once and only if they test alpha and brava will anyone see movement here. The idea of 1 rocket a day isn't a pipe dream. They will most likely run into supplier (engine) bottle necks before that milestone is touched, but proof of concept has been achieved. I come from the defense sector, so lean to me is so important if you truly want to drive cost down. People can joke and doom n gloom all they want, but astra has time especially since most competitors are over a year or more out and their direct competitor is stuck with a massive RCCA before their next deployment. Out of all the publicly trade companies, astra has the advantage to switching gears and surviving as the market changes in real time. Do I agree it's a big if? Sure, but time in the market beats time out. We honestly have no clue how this concludes or what comes within the next Q1 of 24. If November 14th roles around and they didn't Raise the cash or they haven't finalized some cyro testing and caught up thruster backlog its going to be a bad day, but until that day I have zero plan on retreating my 7k shares.
[удалено]
Again My apologies I'm trying to spin these replies out between meetings lmao.
Hope people sold their rocketlab... that 2nd stage is looking to be problematic. The S&P is bouncing from that 13k to 14k might be a little bit of a buying opportunity, but I would buy astra before I bought more rocketlab. Cheers.
Did you just ask “why do people argue on the internet?”
You assume way to much about what products we support, but I can assure you that bird doesn't fly without our "widgets". People can play it safe and tout statistics on what could or couldn't be, but I don't let news shadows my calls on stocks. If people are trading based on what they read off a personal thread, that's wrong. They need to dig and understand the dynamics of the world stage and what piece of the puzzle each company plays. That's just how it goes. I don't claim to become a millionaire here. I just want to see the good in what's coming. That's reasonable, especially with so many uncalled variables. We have published data to react to, which isn't good, but you never trade the news. Never been that type of trader. The outcome here is a flip of the coin like everything esle in the stock market. Fear isn't a trait that warrants success. You either are a player in the stock trading game or you're not which in that case you lock yourself into your ETF and head back into work like everyone esle.
Yes, they will be fine, but not the investors!
I work for a major defense contractor, and there aren't enough launch platforms to go around. The space sector is growing beyond comprehension. Not to mention, they are alone in their own weight class at the moment.
You must not have much exposure to the cash flow in the defense sector. Currently, as war is looming, the funding for hypersonic defense is booming. Weather and geostationary weather applications are endless, and overall budgets are unwavering. For the hypersonic threat in terms of a nuclear hypersonic missle the whole defence space grid has to be upgraded/replaced since conventional plume and other detection methods are applicable anymore. Space if you're not investing it it you will be left behind. There's a slowdown, but space is only growing at a rapid pace. I guess I'm biased, considering I work in the field on the space coast.. don't overlook the now.
I do look forward to the data that comes out from the TROPICS Constellation and what that does for the model data this year. #rocketlab did a great job following up from #astra deployment failures. I'll be striaght up with you guys if you don't adapt to how the consumer intakes and views reporting people will continue to disengage. People are questioning everything now and there's no doubt in my mind Mikes page has those followers for a reason. It's not something to be taken lightly, either. Loss of credibility is dangerous, but not understanding why is as well. Don't get stale in an ever changing social space, is all I'm saying.
The thing with social media meteorologists is that it's one person trying to gain attention via talking about the weather. That inherently comes with the danger of them valuing attention over accuracy. For a lay person, it is significantly harder to determine if what they say is true, or how reliable the prediction is to be correct (i.e. 'no i can't tell ya if it's 20 degrees in 10 days, just if it's likely to be lower/higher than now)
Inaccurate distribution of information I agree is wrong, but I just find it very hard to say indefinitely that these social media heads providing historical and official data is considered invalid. I represent a significant portion of people who check all the charts out and make decisions. The main group of metrology heads in my area seemed to almost follow or emulate Mikes page in many ways. They have done such a horrible Job with transparency in the past or on their offical outlets. Last season was an indication I trust model data over what X anchor is afraid to say "it's too soon" to tell. Or like I said previously, claim the big bend when the majority of the Data was clearly indicating SW Florida. It was cringe how much the GFS was being favored in the reporting, and when the govenor came out and bolstered those claims I was cringing at the potential death toll in SW FL. Again they don't want to react too early or too late, but that ball was dropped so hard.
Their board has some really smart peers on the panel, and I don't think they are going to split at all. Seems like their financial chair is confident in the extension, and they are closer to a WDR than we think. I will be bold and say we will see a WDR by September and a launch before October. Again fairly bold, hypothetical, but they aren't far off. Figure the tech isn't untried. Their first stage is a tried and true firefly lease. The 2nd stage they learned from their RCCA 6 month report from rocket three failures.. hopefully. I'm actually considering buying a considerable share count in late April if we aren't delisted next week. I've just always lived by the no risk no reward. I believe in the project, and I will see it through. 🫡 add you some RKLB and BKSY as well. 😀.
With the news of Virgin hitting the market and the overall market being down This isn't going to be a day by day fight. Only thing I want to hear is being extended till October.
Nothing about Astra’s launches meets the goals of that program.
Stop being so close minded ffs. Once we get through R&D on rocket 4 and get some successful launches going, we are going to see shifts into government contracts. There's nothing more unique when you can deploy an asset on a small-scale launch setup anywhere in the world on specific orbits.
Rocket 4 offers nothing that isn’t already offered by at least one of:
I wasn't planning on making a presentation here, but correction would be I own most of the publicly traded space equities worth investing in. RKLB, BKSY & ASTR to name a few. One of the considerations is owning Tesla, but I sold out a while ago. I plan on being heavy space allocated for a long haul. I was heavy oil for a while and shifted early into space equities. There's no bad arguments here, especially when the unknown variables exist. I'm just very optimistic about how space is going to draw in billions of unallocated options & customers. Space is a real-estate item card that people don't realize is the true last frontier. Even my company is trying to become a Prime supplier.
Cost average down is ideal
I believe :)
Trust the process they are just gearing for their appeal. Yeah it's scary, but ultimately the overall market hasn't helped anything. If they do find solid evidence it would he interesting what happens next.
Why does Astra never specify if those engines have been built by them or if they are engines purchased from Firefly?
From what I've been told "Bartek Malodobry - I believe Astra purchased the IP to produce the engines with a restriction to place not more than two on a LV. - someone correct me if I’m wrong - This is different from buying someone else’s engines. Chris Kemp was clear at the time that he didn’t want to rely on another company supplying them. He was focused on supply chain issues back then. You need to remember that at the time, the company was focused on a desire to have a high launch cadence. That seems ages ago, and today it feels like cash flow, not being delisted and getting a working LV would be the priorities. I’m excited to see the company still moving forward."
I am aware they purchased the IP.
I think since they obtained 22 of these engines, they aren't saying much since the deal itself between firefly and Astra was fairly close loop. This may be since they are working on their own iteration?
China doesn't win war by conflict, but by buying their way through conquest. They are masterminds at taking over regions by "helping" after national disasters and building infrastructure that the sitting country could never pay back. This is why we need to stop the cash cow that is China in simple terms, taking over the country one check at a time. It may sound crazy but ask Jamaica, South America, and any place China has done work. China has and will always be the long game. America has a hard time since our policy changes every 4 years*.
It may not be 5x or 10x... Well, it must be! I need this to breakeven hahah.
I guess I should've elaborated. 5x-10x over our losses, haha
This isn't right. We need all the rocket companies moving forward in this country. Our forward trajectory depends on it. Failure isn't something to joke with. These are real people building real products. Astra has had their own failures, and we always will support our space competition. There's so much expansion coming to the space market and not enough platforms to support it. I wish their team the best as they recover on what happened.
Half the reason I'm still here and many others is Astra isn't getting delisted. There's a chance, but they have options, and even burning cash through R&D, they have equity firm interest that doesn't want them to fail. There's plenty of upscale here it's just going to take time. Once they start testing rocket 4, you will see some interesting signs. Yes, I'm optimistic, but what stocks aren't down over 30+% right now?
That's a dumb reason to hold. I hold because money isn't real. Assets are real. Evaluations are real value. I just think being closed-minded when a company gets a warning and is burning cash at a fast rate, the hype men always stick to their emotions. This isn't some game. This is real people making real products. Failure occurs, and so does innovation from those failures. Good luck to you on the journey.