Rocket Lab

[nztx]

Depends who you look at - the high varies from your $26.81 down to $26.70. But what's a dime among friends?

Guess so .. I was watching on Yahoo Finance very early this morning & saw it take off over the $26 mark.
To think they have been as low as $3.40-3.50 in the past year.

[GTM 3442]

$12.7 billion market cap on a company that still makes a big loss seems mildly speculative?

Long term holder here.....

Also a long term holder, but quite prepared to take advantage of any passing bubble. . . . is it time to tighten that stop/limit order?

[nztx]

Across the $28 mark overnight before slight retreat to 27 & 1/4

Some robust attention on RKLB

[Popeye]

Also a long term holder, but quite prepared to take advantage of any passing bubble. . . . is it time to tighten that stop/limit order?

I have cashed out a couple of times based on apparent bubbles. In both cases the market value of the business had quickly rocketed to beyond my mature business valuation, despite being many years away from such a level of operational success, even if everything went swimmingly in every respect. It made no sense to continue holding as the long term hold hypothesis no longer held water, and the new reality was high risk for zero growth reward. So I recycled the capital for better risk/reward.

In the case of Rocketlab, the run up in share price seems to have a lot to do with business performance in terms of their delivery record and their customer/contract prospects. In an industry with a lot of room for growth to say the least. So even if this is a mini bubble, so long as Rocketab keep on delivering you would think there should be some pretty solid ballast long-term.

These rapid run ups do test your mettle though, plenty of long term investors think in terms of years not decades!

[GTM 3442]

The stop/limit kicked me out at $23. I think I'll be back in at $29 or $16.