u/HowSporadic ·
Reddit — r/smallstreetbets
· May 28, 2026 at 23:21
· ⬆ 108 pts
· 💬 39 comments
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AI Summary
Summary
The post argues that SPCE (Virgin Galactic) has multiple catalysts: the upcoming SPCX IPO (space-themed sympathy), resumed flights, lawsuit tailwinds, bullish RSI divergence on weekly chart, and high short interest.
The author holds a long position entered around $2.6 and feels “underexposed,” implying a conviction that the stock is still early in its run before retail attention peaks.
Quality assessment: Speculation with some technical and fundamental reasoning; not a rigorous DD, but more than noise given specific catalyst timeline and chart analysis.
Score108
Comments39
Upvote %94%
▶ Full Post Text
Perfect storm of catalysts for SPCE:
\- Ticket confusion for SPCX IPO
\- Space themed sympathy play
\- Strong turnaround story: Resuming flights, lawsuit tailwinds today
\- Downtrend with significant bullish RSI divergence on weekly timeframe
\- 23% short interest
\- Retail familiarity from 2021 SPAC (lot of bag holder)
Still have time to get in as this isn’t main page yet & SpacrX IPO still 2 weeks away.
PnL is understated because I shuffled positions around (losing original cost basis). Initial entry around $2.6.
Feel underexposed.