nasdaqastr
Kerrisdale Capital is short shares of Astra Space Inc (NASDAQ:ASTR). Q3 2021 hedge fund letters, conferences and more Astra Space Inc (ASTR): Headed For Dis-AstraWe are short shares of Astra Space, a $2.0bn space launch company formed at the peak of the 2021 SPAC bubble – with no revenue, no track record of reliability, and no established market for its undersized vehicle. A story stock that’s yet another example of the questionable businesses going public via SPACs, Astra faces massive obstacles in its quest to develop a viable business model. Astra is poorly positioned within an overcrowded ...
ValueWalk
Space stocks are among the best stocks to buy today Q2 2021 hedge fund letters, conferences and more Yesterday, Blue Origin flew Jeff Bezos more than 60 miles above the Earth to allow the billionaire to see the planet from space. A little less than two weeks ago, Virgin Galactic did the same thing with its billionaire founder, Richard Branson, and a crew. These successful flights mark two of the biggest space-related accomplishments in human history. Just sit back and think about it. For the first time ever, we are flying “regular” folks into space on a Disneyland-like trip. That’s the stuff o...
ValueWalk
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