Sell One Quarter Virgin Galactic (SPCE)
It’s hard to say if this round of fun with Virgin Galactic (SPCE) is beginning to unwind or if the stock will be up 20% tomorrow (to pick a random number). However, judging by the action in many of the most speculative short squeeze stocks today (GME, NOK, AMC, etc.) there appears to be significant unloading today. I like Virgin’s story and the stock and think it will trade higher than now at some point in the future, but I also think this recent surge is unnatural. I suggest selling one quarter (or up to half) of your position to lock in a roughly 150% gain. Sell a Quarter