This stock could be the next $2 to $200. $1,000 would turn into $4,000,000 with calls

Okay, so I think everyone can agree the biggest thing in the stock market—not only this year, but in the history of the market—will be the SpaceX IPO. As we get closer and closer to the IPO in June, the media coverage and retail frenzy will only get crazier and crazier

If we look at the past leading up to blockbuster IPOs, sympathy plays have gone absolutely crazy. $MARA and other BTC stocks went up over 1,000% in anticipation for the Coinbase IPO, $LCID and other EVs went up over 500% in anticipation for the Rivian IPO, etc. Sure, in the end they were all buy the rumor sell the news, but you play the RUN UP.

As we’re starting to see this week, Space stocks are beginning to move in the same way ahead of the SpaceX IPO in June. Some examples are $RKLB, $LUNR, UFO, etc. However, there’s one Space stock that is still down 99% and just announced THIS WEEK they are resuming operations, and that is SPCE (Virgin Galactic)

Virgin Galactic IPO'd at $200 in 2019 and quickly went to OVER $1,000 a share (reverse split adjusted). They’re a space company that is trying to make space travel possible for everyday people. They got hit with heavy delays in 2022 and the stock fell from over $1,000 to $2. Just this week they announced they were resuming operations. Ticket sales are BACK ON for $750,000 per seat, flight tests are starting this month, and they plan to fly people to space in Q4 OF THIS YEAR.

I want to make something clear: this is a TRADE (not a long-term investment) based on all the upcoming positive catalysts for the company and the SpaceX IPO. As crazy as going from $2 to $200 sounds, we’ve already seen a shit company like Carvana go from $3 to almost $500. And remember SPCE IPO’d at $200 a share, meaning big money who bought it paid $200 on IPO day (and the all time high is over $1,000). Since the stock has fallen so much, it has also become heavily shorted.

https://preview.redd.it/yobo5zrqt6tg1.png?width=1672&format=png&auto=webp&s=a8de4a989b190400c1c6ba85eeb288430f3122db

Positions - Lots of shares, July $7 Calls, Jan 2027 Calls

If you’re asking how $1,000 turns into $4 million, if you look at something like July 17th $7 calls selling for .05 each, 200 calls would cost $1,000. If the share price hits $200+ those 200 calls are now worth $4 million+. In my 10 years of trading, I have never seen a risk/reward with so many positive catalysts coming up better than this.

Disclaimer: This is just my opinion based on publicly available information. This is not financial advice. I still consider this a lotto ticket trade meaning it has to pull a $CVNA type of move for it to work. If you think anything I said is factually wrong or have a different opinion, I’d be happy to discuss it here.