Rocket Lab is acquiring Iridium Communications Inc – one of the most transformative deals in the space industry.
By combining our launch capability and satellite manufacturing with @IridiumComm’s global satellite communications network and rare spectrum, Rocket Lab becomes a fully integrated, self-launching, tier-1 space power, delivering critical communications capability to millions of users worldwide.
Full details and important information: https://t.co/hj5aWrDPjz
@daveginvesting Yeah same boat but in the other direction. Cost basis of ~ $2 per share but didn’t jump in with both feet and kept waiting a better pull back that never happened.
@daveginvesting Actually took a small position on Friday for the first time in RDW. I may regret it but with insiders buying thought worth dipping my toes in. Also thinking someone may buy it up.
@daveginvesting Planet Lab has moved up to second now for pecentage gainers at 564% topping RKLB at 535%. Too bad I did not commit as much funds to PL as I did to RKLB
@daveginvesting Yeah just trying to be in good position prior to earnings. I still have the cash from the 10% shave at 50.50 and was thinking about redeploying it and ending up with more shares then I had prior to the trim. Like you said it is a bargain for anyone with long term horizon
@daveginvesting What is your thoughts on re-entry level for $RKLB after recent pullback from highs. Thinking 36- 38 would be the stepping stone to new highs. Thoughts ?
@daveginvesting Yeah $Rklb has exceeded all my expectations so with that sold 10% of my shares (over 3 years old) that pulled out my original investment. Everything is house money now!
@daveginvesting Too easy to sway the markets right now with a comment here or rumor there. Delay talks today and a pounding tomorrow as another country releases reciprocal tariffs. Day traders paradise if you are talented. For me holding steady with small amount of cash waiting for a gift.
@daveginvesting Had perfect timing and sold a chunk of LUNR premarket at 17.20 ish on Thursday and turned around and used those funds and hit my limit order to buy RKLB at 16.25 shortly after the market open this morning.
@daveginvesting@SpaceX Unless he is scheduling his X posts it is clear Elon is not sleeping much. I know for sure I get punchy and speak off the cuff when I am exhausted and tired. Not defending him but some of those unexpected and rash comments can be purely due to lack of sleep.