126% GAIN ON THIS SPACE COMPANY — RAISING THE TARGET

 

Space infrastructure and transportation company Stable Road Acquisition Corp  (SRACU) stock was bought at $11.01 not that long ago.  In the premarket as of this writing, SRACU is trading at $24.99.  This represents a gain of 126%.

Make a note that the symbol will change to Momentus (MNTS) when the merger is complete.  Since it is space and the market is controlled by the momo crowd, there is no limit to the imagination of the momo crowd and their gurus.  They can easily run this stock up over $100.  On the other hand, investors need to understand that the fair value of the company is about $6 and there are significant risks in any business related to space.

Rumor

There is a rumor of a potential new space ETF by a firm that is leading the momo crowd.

What To Do Now

Those in the stock may consider continuing to hold.

Those not in the stock may consider waiting for a signal on the Real Time Feed with a new buy zone.

This post was just published on ZYX Buy Change Alert.

Paying subscribers to The Arora Report have been provided with three other space related stocks.

Trades posted on The Arora Report Market Blog have produced unrivaled performance since 2007.  These trades have been scrutinized in real-time by thousands of investors across the globe.  This provides easy verification of performance for newcomers to this site.  Only those trades are included in the performance where the entry post was made available to subscribers to The Arora Report Market Blog.  When the entry post is made available only to the paying subscribers and not posted in real-time on The Arora Report Market Blog, the resulting performance of the trade is not credited in the performance table.  There are very nice gains on this trade but since the entry trade was not posted here for the free subscribers in real-time but only made available to the paying subscribers, handsome profits on this trade will not be added to the performance of The Arora Report Market Blog shown on the table.

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