Author: Vitaliy Dadalyan

How to Pull Profits out of Dead-Money Virgin Galactic

Virgin Galactic shares have been riddled with disappointment. Sure, it's had a few launch attempts. But ultimately, all bids to push SPCE stock into orbit have failed. Traders have a couple of choices on how to deal with the return to neutrality.Source: Tun Pichitanon / Shutterstock.com Each path has trade-offs. After investigating them, you will be in a much better position to make an informed decision. Take the Long ViewThe idea of investing in the future of spaceflight has the cool factor. But if this year's volatility from SPCE stock is any indication, profiting from it is going to require both patience and a willingness to ride through some wicked twists and turns. If that's not something that appeals to you, then I'd avoid Virgin Galactic for now. Otherwise, settle in, put on your seatbelt, and size small enough so you won't get shaken out prematurely.InvestorPlace - Stock Market News, Stock...

Kensington Capital Stock Is Still a Buy Before QuantumScape Deal Closes

So far, 2020 has been the year of special purpose acquisition company (SPAC) deals. This is especially true in the electric vehicle (EV) space. And, one of the latest deals to hit the street involves Kensington Capital Acquisition Corp (NYSE:KCAC). The SPAC, or blank-check company, is acquiring privately held QuantumScape. Kensington Capital stock soared on the news. But that's just the start.Source: Shutterstock Sure, rallying more than 90% from where it was pre-merger announcement, this SPAC play looks pricey at first glance. Yet, when you dive into its merger partner, it's clear there's ample potential for shares to move even higher once the deal closes.Why? QuantumScape doesn't build electric vehicles. But, what it does build could be a game-changer for this emerging industry. I'm talking about the company's solid-state batteries. Also known as SSBs, these batteries offer many advantages to what's currently being used in electric cars (lithium-ion batteries).InvestorPlace - Stock...

iBio Is a Wishful Thinkers Coronavirus Vaccine Bet

iBio (NYSEAMERICAN:IBIO) is one of many biotechs that benefited from the hype surrounding a potential novel coronavirus vaccine in February. During the first five months of the year, IBIO stock shot up a massive 333.73%. However, the stock is up a relatively modest 73% since May.Source: Shutterstock The declining enthusiasm surrounding the stock is due to the slow progress in its Covid-19 vaccine development. Additionally, it has also failed to secure significant manufacturing contracts in scaling production with its FastPharming technology. Therefore, iBio stock continues to be a purely speculative play.One of the positives for iBio investors is its recent manufacturing deal with Planet Biotechnology. This deal comes at an ideal time for iBio, which needed such a contract to bolster investor confidence. However, apart from that, its more of the same since my previous article.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt this point, iBio has a lot...

Why Plug Power Is Sinking to Zero While a Rising Tide Lifts Other Boats

Plug Power (NASDAQ:PLUG) stock has ridden a massive wave of investor enthusiasm. Shares in the forklift fuel cell maker have rocketed 286% this year as retail investors ogled over its 32% topline growth. As the coronavirus pandemic has kicked warehouse fulfillment centers into high gear, Plug Power has gone from a struggling company to an investor darling with a $5 billion market capitalization.Source: Halfpoint/ShutterStock.com Not so fast.The company's promising deals with Walmart (NYSE:WMT) and Amazon (NASDAQ:AMZN) hide a stingingly dreadful set of financials. Once you account for the company's leasing interest, gross margins come in at negative 1.4%. Its sale practices point to desperation.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn other words, no matter how large the company grows, it will keep losing money unless something big changes. So, before you even consider buying PLUG stock, here's why insiders are selling out of this seemingly promising company. Promising...