Price Prediction for tomorrow

Hello Fellows, First, I want to say that I'm happy to see the Euphoria at the group after reaching orbit successfully, I just hope the belief in the company and the Team will remain the same also at bad times, as it was just 2 days ago... we are in a tough journey, but we did reach Orbit faster than SpaceX and with less than x2 team of Rocket Labs. Ad Astra!

Second, I want to discuss about my thoughts on the stock price in the coming week and in the near future. I could see it is a common discussion in the group mostly among swingers but also among some longers.

So, if we look at the stock chart, before LV0006's launch the stock built a chart for a successful launch - around 12$. investors expected that Astra will success with LV0006 and the stock will keep moving higher. But after the failure, there was a big dump mostly among swingers and paperhand investors that thought Space is easy. we saw some levels that we couldn't thought we could reach (at least I'm, and I used this huge opportunity to buy the dip). so right after the dip, the stock back to the level of 9-10$ - price of the IPO -> Pre-Orbit. as soon as we got to LV0007's windows, we saw investors and swingers frustrated of the delays and "lack of communication" (in fact, it wasn't, I don't know why people complain), and at friday's closing the price was down as they didn't believe Astra would success with LV0007, they thought it is going to fail, and the stock's chart was prepared for a dump to 8$ levels again. But but!! surprise, Astra did it, and I expect a huge gap, I expect a price movement similar to Holicity x Astra's Merger announcement -> 16-18$+. I guess we will see also price upgrades, so it can move the stock even higher, but anyway I prefer slow move rather than pump and dump. For Long Investors we reached a critical moment, Astra demonstrated that they can execute their backlog contracts of 150m$ -> Astra is going to make real revenue, and more contracts will come. After the expanding the factory, and moving into 2022, Astra is ready to launch one rocket a month, all according to the plan. LV0008 is almost ready and I'm expected it to launch next month (if not delayed by weather/other factors) and LV0009/10 is weeks from being ready. productions will be faster once Astra finish to expand their factory, and it means Astra can take much more contracts = more revenue.

as of June 30, 2021 - Rocket Labs' backlog is $141.4M valued at 7B and Astra is $150M- valued at 2.5B. basically there is no reason that Astra won't reach 6B valuation soon.

We just started. Ad Astra!