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Stable Road Acquisition Corp. (SRACU)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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1,039 reactions on $SRACU conversation
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Vote PASSED congratulations to all the longs! We did it.
Huge news out on Momentus website...January 2021 launch a go with 23 customer satellites going up aboard Momentus' Vigoride going via SpaceX's Falcon 9 rocket!
"And today, we are extremely proud to share that the Momentus team has successfully integrated 23 satellites aboard Vigoride for the January 2021 SpaceX rideshare launch. These satellites represent cutting edge work and research across space analytics, deorbiting devices, weather forecasting, and in-space research by some of the world’s top space companies and academics. A big thanks to our early customers and the team that worked together to reach this impressive milestone!"
Who been here since 12$ and under
when studying capitalism, you learn that it is dependent on constant growth. Our single planetary status will surly bottleneck economic growth at some point - possibly in our lifetimes. Investing in space stocks will possibly make our current global market value look like nothing in the future. the possibilities for growth in space may be endless.
Definitely an Over reaction.... stay long. This, along with other space stocks are 2021 story stocks.
Bought 10,000... let’s fly!
to the moon!
Praying for $20 end of week!
Are we seeing $20 by the end of year?
Next flight with SpaceX is dec. 18.
Found this on reddit:
I dropped an email over to Momentus's investors address on the lack of communication regarding the merger currently. It did not offer too much info but I thought i'd share the response anyway;
Thanks for your email and your support. As we noted in our last press release, we have good reason to believe that Mikhail’s departure will accelerate the regulatory review process. We are excited to be moving the transaction forward and we expect to have timing updates to share soon, so please stay tuned.
We fully understand the market’s desire for more news, and we’re absolutely committed to sharing relevant updates as they become available. We’ll add you to our email distribution to receive any updates.
For background, ICR is an investor communications firm with extensive experience working on SPAC transactions and IPOs. We’ve had the pleasure of working with Momentus/SRAC since prior to the merger announcement.
Spent all yesterday doing DD on this deal. Initiated position today 3500 shares @ $10.55.
One of the most exciting companies in the world right now. The potential for this company is near unlimited.
So I’m confused, let’s say I buy 1000 SRAC at $10.44 who Momentus is using to go public early 2021. So my question is, when Momentus prices and starts trading will I still have 1000 shares at $10.44 regardless of what it opens for trading at?
New appointment CEO with strong ties to the US government will for sure turn this around. I am not selling with losses
so, SRAC is 75-25% deal. EV estimate is $1.2B.
Do we think this will bounce back close to 15 in the next two weeks?
well, survived that! 20% redemptions, in this SPAC climate and for this particular deal, is downright amazing. when you combine the trust + PIPE, looks like they will be taking $247M to the table. fees, expenses, and buyout of co-founders will burn about $90-95M of that, leaving MNTS with +/-$155M. now, let's hope we can put all the drama in the rearview mirror and focus on executing on the business plan!
this is a good stock it will fly soon i bought 4000shares
This is the merge I am most excited about. There are other great options but this one here, wow.
Idk why people don’t invest in this spac. It’s guaranteed money . Once they send satellites into space this will be greater than a $100 share price. It’s like investing in a small space x company 😉
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