Rocket Lab RKLB (Page 1 of 16)
Posted: 9/19/2024 10:24:44 AM EDT
|
Anyone investing / following this company? Seems to be an interesting play in the private space flight market. Number 2 behind SpaceX with 60% of the non SpaceX market. Not profitable yet but have around $500M on the books. I’ve been selling options on them for a bit with good success but I’m thinking about taking a decent position to keep as a longer term investment. |
|
Interesting play. SpaceX being the market leader and it will be interesting how this plays out. Quick reading it comes across as their strength it not exactly the launches but mars/venus vehicles? Ideally I'd rather be in Starlink when it spins out from SpaceX in the next few years. But hedging where SpaceX acquires them? Or is there enough of a market there for them? |
|
I still need to do a lot more DD but it looks like they have some interesting stuff. Their solar panel division is profitable and apparently makes incredibly efficient panels for use in space. The rockets made largely from carbon fiber and 3D printed materials is intriguing too. Similar to how SpaceX launches Starlink satellites, Rocket Lab has their own projects so they have stuff to launch if there’s a lull between launches for clients. There are a couple of retail content creators (Matt Money & Vince is Bullish on YouTube) that have a lot of material on RKLB. I need to devote some time to fall down that rabbit hole. Of course I post and the stock is down today because they had a launch get aborted at the last second yesterday. |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42337
EE: 100% (161)
USA
|
I've been investing in RKLB since late 2023 This is just off the top of my head, so there is way better DD out there but this is why I bought. -Their CEO Peter Beck is a self made guy who inspires a lot of confidence. There are decade old videos of him launching rockets in New Zealand as a hobbyist. -Outside of SpaceX RKLB is really the only other provider putting dozens of rockets up into space (and getting paid for it) while many of their competitors have turned out to be vaporware. There are some other good companies (Stoke for example) but they aren't publicly traded. -They currently launch their Electron model rocket but they are working on Neutron, which will be a "big rocket" similar to what SpaceX is doing. -People think they are just a launch business but they are diversified and manufacture all sorts of different components for satellites and similar things. Many launches by their competitors have Rocket Lab manufactured products in the payload. -I'm up a pretty nice % right now because I bought when they were losing a lot of money (primarily due to the R&D costs for Neutron development) my premise was that the government was worried about Elon having too much power and they wouldn't let his primary competitor (based on # of rockets launched) to go bankrupt out of National Security concerns. -Pretty sure they have a hefty backlog |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42338
EE: 100% (161)
USA
|
For those that are interested HBO did a documentary that came out the other month which includes Rocket Lab Def a good watch. This is the trailer  WILD WILD SPACE | Official Trailer | HBO |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42339
EE: 100% (161)
USA
|
Originally Posted By Procat: I still need to do a lot more DD but it looks like they have some interesting stuff. Their solar panel division is profitable and apparently makes incredibly efficient panels for use in space. The rockets made largely from carbon fiber and 3D printed materials is intriguing too. Similar to how SpaceX launches Starlink satellites, Rocket Lab has their own projects so they have stuff to launch if there’s a lull between launches for clients. There are a couple of retail content creators (Matt Money & Vince is Bullish on YouTube) that have a lot of material on RKLB. I need to devote some time to fall down that rabbit hole. Of course I post and the stock is down today because they had a launch get aborted at the last second yesterday. Vince Is Bullish is interesting in that he put literally all of his money into RKLB and PLTR a couple years back. I thought the guy was slow, but clearly the risk/reward has so far paid off huge as I type this Matt Money seems incredibly methodical. I bought RKLB in part because he did and that pushed me over the line to put a reasonable position down |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
| I bought some RKLB. I had calls assigned on LUNR this morning. My space empire is no where as large as I thought it would be when I was watching Star Trek in prime time. It is still doing pretty good, though. I am looking hard at LUNRW, if it pulls back I may try that. |
|
@The_Master_Shake Thanks for the responses. Pretty sure Palantir is how I became aware of Rocket Lab as Matt and Vince show up from time to time in some of the YouTube channels I subscribe to. Sold some pretty aggressive puts this morning after the original post when it was still in the red. |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42341
EE: 100% (161)
USA
|
Originally Posted By Procat: @The_Master_Shake Thanks for the responses. Pretty sure Palantir is how I became aware of Rocket Lab as Matt and Vince show up from time to time in some of the YouTube channels I subscribe to. Sold some pretty aggressive puts this morning after the original post when it was still in the red. I think we watch some of the same channels, Amit on Finance Junkies has made me a couple bucks on PLTR so far  I'm not a savvy investor like many, I don't mess with options, I really just look for companies I think are solid for investing 5 or 10 years out then I put a couple bucks behind it. Probably wouldn't surprise you I've also been buying SOFI 
|
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
|
Originally Posted By SkiandShoot: Can we keep this thread going? A company buying call options on itself? Is that normal??? Odd no? Please elaborate. Do you have a link? I heard it suggested once that a company use cash authorized for buybacks as collateral to sell tons of cash secured puts. The idea being to buy back shares at a lower price (if assigned) or use the premiums to increase the number of put options until they got assigned. Seemed like a brilliant idea but someone was going on about how that violated some securities law. Other than different flavors of stock based compensation I don’t know how much companies are allowed to play with options. |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42343
EE: 100% (161)
USA
|
Originally Posted By Procat: Please elaborate. Do you have a link? I heard it suggested once that a company use cash authorized for buybacks as collateral to sell tons of cash secured puts. The idea being to buy back shares at a lower price (if assigned) or use the premiums to increase the number of put options until they got assigned. Seemed like a brilliant idea but someone was going on about how that violated some securities law. Other than different flavors of stock based compensation I don’t know how much companies are allowed to play with options. Are you guys referring to the convertible note offering? |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
|
Originally Posted By Procat: Please elaborate. Do you have a link? Starting around 2:45 but you could start earlier.  Surprising discovery about Rocket Labs cash.... (Future Dilution?) |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42344
EE: 100% (161)
USA
|
Originally Posted By SkiandShoot: Starting around 2:45 but you could start earlier.  https://www.youtube.com/watch?v=WjkwitYU9w8Okay, so I think we're speaking on the same thing. Honestly when it happened that was the first time I had even heard the terminology. I'll also tell ya that when it happened their stock took a hit because (in my smooth brain) it seemed to be essentially viewed as share dilution by the big brains on WSB I can't speak on if it's normal or legal, but I feel like it's somewhat baked into the price
|
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
|
@SkiandShoot I’m at work so I just skimmed over Vince’s video. I believe Sofi did a similar transaction a while back and as I recall the mechanics of it are pretty slick. Company sells convertible notes to raise money. By making the notes convertible to stock if the stock runs investors are willing to take a lower interest rate. Company uses some of the funds to buy calls with the same time horizon / price target. If the stock runs and the investors want shares the company just exercises the calls and gives the stock to the investors. Should limit potential dilution as I understand it. With the rate cutting cycle upon us it likely won’t even be an issue, if the company can refinance the debt before the maturity date none of it will matter. As mentioned, I recall Sofi doing a similar transaction. The stock tanked on the initial news but their CEO explained it pretty well in an interview I saw. |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42350
EE: 100% (161)
USA
|
Beck has really grown on me. He doesn't really have the flash of some of the big name US CEO's but he's a straight forward guy Talking about the launch they just scrubbed Attached File |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
|
Originally Posted By The_Master_Shake: For those that are interested HBO did a documentary that came out the other month which includes Rocket Lab Def a good watch. This is the trailer https://www.youtube.com/watch?v=Q50dAiKB4lIFound it on HBO Max, just finished it. Conviction level = Increased |
|
Did some digging, looking, listening and thinking. It might not appear to have the structure to support it at $7.xx. (until it doesn't of course) The strike prices drop considerably after $12 and do not go beyond $14. Options I was looking at last night didn't go past mid-October? As of now, I'm on hold looking for $3.50-$5.75. If so, I'll scoop up 5,000+ shares for the long play. prediction: If she wins in November, it's going to the metaphorical moon. If he wins in November, it's going to float at the current rate until they win a big global/national recurring contract. Edit at 9:45 am: Huge order, demand and volume this morning at the opening driving it up. FOMO for anyone and everyone? |
|
Originally Posted By SkiandShoot: As of now, I'm on hold looking for $3.50-$5.75. If so, I'll scoop up 5,000+ shares for the long play. I’m taking a different approach. Yesterday I sold $7 puts for October 18th expiration. Received $0.50 per share. If I get assigned next month my effective cost basis will be $6.50 ($7 strike - $0.50 premium). If I don’t get assigned I’ll likely just sell the contracts again. Rinse and repeat. Eventually I’ll get the shares and it will be at a price below had I just hit the buy button now. That’s usually how I build my positions and there have been times where premiums received ended up covering over half the share price. Looking at far out dates in the option chain it looks like there might be some decent opportunities for spreads if you believe it could double in the next few years. |
Have a handful of shares, up a small amount. I've never dabbled in options It's not meme-stock volatile like ASTS: Attached File |
|
I started a position with rocket lab a good three years ago at plus 10 bucks and have bought a little each time is dropped in price. nice to see it heading upwards finally as my current all in price is 4 bucks per share not really looking to buy anymore but have been adding to ARKX which has a large position in them dumped my Richard Branson crap space stocks with a bit of a loss will go heavy into starlink or spacex if they ever go public but so far, my best play has been ASTS in at 6 dollars and has had a good run up lately 26$ currently (more than made up for the Richard Branson losses) |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42365
EE: 100% (161)
USA
|
Originally Posted By SkiandShoot: Did some digging, looking, listening and thinking. It might not appear to have the structure to support it at $7.xx. (until it doesn't of course) The strike prices drop considerably after $12 and do not go beyond $14. Options I was looking at last night didn't go past mid-October? As of now, I'm on hold looking for $3.50-$5.75. If so, I'll scoop up 5,000+ shares for the long play. prediction: If she wins in November, it's going to the metaphorical moon. If he wins in November, it's going to float at the current rate until they win a big global/national recurring contract. Edit at 9:45 am: Huge order, demand and volume this morning at the opening driving it up. FOMO for anyone and everyone? Seeing they got a $15 million contract from the DOD, (LUNR got 5 billion lol) so that coupled with a launch? I have no idea. . . . The old joke for the last couple years was that any good news would make the stock tank. RKLB is one of those stocks. . . I was buying for quite a while but should have just waited for it to hit $3.50 earlier this year lol Can't time the market I guess! I'm happy with my cost basis |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
Launch tonight ?? (RETRY) Rocket Lab | Kineis Killed The RadIOT Star | Launch 53 $RKLB |
|
@ChicagoFoodie Hopefully someone who’s been following the stock for longer can chime in. Thinking out loud there could be a couple different explanations: Today someone could potentially have had a 50% gain in as little as 6 weeks or so. With a launch today and the risks that come with that they could have decided to take profit. Today monthly and quarterly options expired so there could have been an effort to manipulate the closing price to ensure a desired outcome. Either way I don’t know that I’d be concerned with that level of selling as buyers overwhelmed them. Today the price went up >4% (>5% if you include after hours) on over double the average daily volume. |
Deutsche Bank podcast with Rocket Lab CFO Adam Spice (replayed by Vince w/ commentary). Hour long but it’s a decent listen. Goes over their vertical integration and capital efficiency at length.  Mind Blowing new Adam Spice interview with Deutsche Bank! |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42439
EE: 100% (161)
USA
|
Originally Posted By Procat: Deutsche Bank podcast with Rocket Lab CFO Adam Spice (replayed by Vince w/ commentary). Hour long but it’s a decent listen. Goes over their vertical integration and capital efficiency at length. https://www.youtube.com/watch?v=mqijS06uFM0I feel like you're posting this to convince me to buy more shares . . . because we both know the second I buy it'll be back in the 4's
|
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
|
Originally Posted By The_Master_Shake: I feel like you're posting this to convince me to buy more shares . . . because we both know the second I buy it'll be back in the 4's If it went to $4 would you be sad or happy (to buy more)? My mentor told me once to only play with stocks that if they dropped 50% I’d be excited to buy more at such a discount. It’s been a decent litmus test for me. |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42444
EE: 100% (161)
USA
|
Originally Posted By Procat: If it went to $4 would you be sad or happy (to buy more)? My mentor told me once to only play with stocks that if they dropped 50% I’d be excited to buy more at such a discount. It’s been a decent litmus test for me. That's a fair question! I'd def buy more. I'm biased (and it was in the 3's like six months ago) but I don't see it going down to the 4's again I think Space stocks as a whole have gained a lot of visibility lately with the run ups in ASTS and LUNR and the industry is on the radar of a lot more investors (retail for sure) |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
Cool video on Rocket Lab’s AFP machine. Basically a 3D printer the size of a 2 story building for laying carbon fiber.  Rocket Lab | The World's Largest AFP Machine Of Its Kind |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42460
EE: 100% (161)
USA
|
Originally Posted By Procat: Anybody know why it’s up 12% this morning? It's covering for all the rest of the red in my portfolio today My take is that with ASTS and LUNR having some huge pumps lately the category is getting a lot more attention. When you do the DD on all the publicly traded companies RKLB really does stand out as a good buy/hold |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42476
EE: 100% (161)
USA
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42477
EE: 100% (161)
USA
|
Originally Posted By grendelbane: Sold some out of the money calls. Who knows what October will bring? I'm glad I didn't sell in September PLTR, RKLB, SOFI diamond hands |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42479
EE: 100% (161)
USA
|
Originally Posted By Procat: Add some HOOD and you have my portfolio My other two large positions are RDFN (which is kind of a shit company but an interest rate play) and PYPL I have a bunch of moonshots too but not really enough share count to move the needle on my quality of life. I am pretty happy with how my NIO is doing I'm continuing to add SOFI even at the current price. Haven't seen much movement but I have faith |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42496
EE: 100% (161)
USA
|
Matt is indicating that there could be two Neutron launches in Calendar 25 When Rocket lab starts launching "big rockets" I could see that as a driver for the stock, since what it would signal to most normies is that Rocketlab is doing SpaceX shit I'm bullish and not selling. If this made it even close to my cost average I'd be buying more. |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
|
Originally Posted By The_Master_Shake: I'm bullish and not selling. If this made it even close to my cost average I'd be buying more. This is what I struggle with. Do I wait for a dip that may never happen? If a year from now the stock is $25 will I really care whether I paid $7 or $10? I’ve been there with several stocks in the last year and in hindsight I wish I would have just loaded up instead of having this debate. |
|
Originally Posted By Procat: This is what I struggle with. Same boat here. My horizon is at least 7-9 years while looking to do 20% per year on each pick. Doesn’t really matter if it’s $7-$10 but more so is this the beginning of the new run, New structure, new growth and new trading volume based on positive energy. My gut is it grows as a firm and spacex or a competitor acquires it in the next 2-5 years. Or is even taken private at some point. I’m looking to scoop up 1,100-1,500 shares in the morning. |
Now fellate me, as I eat this expensive ham.
Joined:
Aug 2007
Posts:
42501
EE: 100% (161)
USA
|
Originally Posted By Procat: This is what I struggle with. Do I wait for a dip that may never happen? If a year from now the stock is $25 will I really care whether I paid $7 or $10? I’ve been there with several stocks in the last year and in hindsight I wish I would have just loaded up instead of having this debate. Part of it is psychological, tough to spend bucks after spending the last couple years watching it crab between $4 and $7, but I am pretty comfortable with the position I've built out. I need 300 more share of SOFI and after that I'll be looking to peanut butter in more bucks into my riskier moon shots. |
Look, yes, I have banged HUNDREDS of broads. INTERNATIONALLY. But know this - I wrap my rascal, TWO TIMES, cuz I like it to be joyless and without sensation. It's a way of punishing supermodels.
New video of the Archimedes engine on the test stand. This is the power plant for the larger Neutron rocket. I know in the past some bears went wild because they weren’t posting video of the tests.  Neutron | Archimedes Testing Continues at Stennis |