What do Cathie, Chamath, and Richard Branson have in common? They're sellers of $SPCE, at lower prices. So is the company. So are we. Our report on why bulls & bears have joined forces to dump $SPCE is available at kerr.co/spce. Or if you prefer memes, here:
Virgin Galactic isn't really a space-tourism company. It's an $8bn pretender hoping to offer a souped-up roller-coaster ride in a world where the real thing is coming soon. (2/6)
Its technology, which has barely improved in almost 20 years of development, is a dead end, with nowhere near enough power to ever make it into orbit. Meanwhile Jeff Bezos and Elon Musk are creating real spacecraft that actually work. (3/6)
$SPCE's tech has already killed 4 people, badly injured 4 more. Recent reporting (from @spacecom & others) revealed jaw-dropping details: key parts "falling apart," safety inspectors not paying attention, VP of safety threatening to quit. (4/6)
Do rich people really want to pay $300k to get blasted up to an altitude that most countries on Earth wouldn't even consider "space," feel weightless for ~3 min, then fall right back down with no fuel or parachute? (5/6)
@KerrisdaleCap Your angry rant makes you lose any credibility as an “investment firm” and looks incredibly unprofessional. $spce @virgingalactic