@Lelly23017075 Sorry to hear that. I have a limit that I buy at and then wait patiently to hit those levels. If you want a quick in and out trade it’s very possible to do that with this stock
@DEihausen@CKCapitalxx I bought 5 of the stocks with the biggest pullback in my portfolio.
Days like today used to scare me, now I just use the opportunity.
Finally got an opportunity to add to my $PL position!
Besides $ONDS, this is my best performer in the portfolio, with my initial entry being +600%
Yesterday's earnings:
- THIRD consecutive quarter achieving Rule of 40 ✅
- 42% YoY growth ✅
With the space theme going absolutely bonkers recently and the $SPCX IPO hype, I have no doubt this thing will shoot back up to record highs soon.
I added to my position today🚀
$PL: Planet Labs files for $1.5 billion stock offering
Planet Labs filed for a stock offering of up to $1.5 billion in Class A common stock, according to a company statement.
The satellite imaging company entered into an equity distribution agreement with multiple financial institutions to serve as sales agents for the offering. The arrangement includes Goldman Sachs, Morgan Stanley, Barclays Capital, Citigroup Global Markets, Deutsche Bank Securities, BofA Securities, and several other firms.
Under the agreement terms, Planet Labs may offer and sell shares of its common stock from time to time through the sales agents, who will act as agents or principals in the transactions. The company's common stock carries a par value of $0.0001 per share.
The filing also includes provisions for the sale of borrowed shares through forward sale agreements with designated forward sellers and purchasers as part of the equity distribution agreement.
The offering structure allows Planet Labs flexibility in timing and method of share sales, with the sales agents facilitating transactions up to the $1.5 billion aggregate offering amount.