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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: rogermci® who wrote (3037)	12/25/2020 12:47:25 PM
From: Glenn Petersen	Respond to of 3862

I think that it still has some room to run, but please understand that my opinion has nothing to do with its current intrinsic valuation. This is a very early stage investment, although the "space" niche is hot right now and I expect to see more of these early stage companies going public via SPAC deals. Right now, that is their easiest path to the cash that they need to implement their business plans. I was impressed with the Momentus investor presentation. It is focused on nuts and bolts activities. I have always been a bit cautious about SPCE, which is mainly focusing on space tourism. I am not convinced that their business model has legs. Yet SPCE ran into the low 40s, The above is JMHO.