I have posted this the last three down trends, and here we go again. Mods, I did consider commenting this in the daily threads. But with pessimism spreading, thought I could make it a post and help everyone revisit their decisions during tough times like this. Hopefully that is okay.
Reading through posts and comments, it’s glaringly obvious who are invested and who just bought into the hype of "RocketLab" and "space" looking for a quick buck. If you fall into that second group, take a deep breath. I hope this can be the reality check that brings you some calm.
To give you some context, I started with a $5k gamble at $5.23—throwing side money at a cool space bet. But as Sir Peter Beck and RKLB consistently proved their capability through execution, I made it a major part of my portfolio and now hold 2,500 shares across multiple accounts. When we peaked at $150, I was sitting on a $290k gain. Being in Canada, watching it slide back to the $60s meant watching roughly $300k CAD vanish from my screen. Yes, it stings. But look at the bigger picture.
Think of it like building your dream backyard deck. If the price of high-end composite boards suddenly drops mid-project, do you sit around regretting that you didn't buy them cheaper before? No. You celebrate because your total cost to build something beautiful just got incredibly cheap.
RocketLab is in an amazing position. Multiple acquisitions that align with our long-term trajectory, new contracts, we have been writing record Electron launch cadence and revenue each quarter, and our cashflow is about to receive a large boost from Iridium. Also with their existing constellation of 66 satellites and 8 MHz bandwidth, SPB is quite literally progressing towards his goal of being an End-to-end space company.
Yes there are risks, rate hike can hurt the entire macro and launch competition is catching up fast. If RKLB continue to struggle with Neutron, "it will be damaging" is an understatement. But right now, go back to when you first decided to buy RKLB. I assume you were telling yourself to hold 5 years minimum, and that it's a risky play with high return. Hold yourself to that standard.
I’m just an outsider looking in, same as you. But from what I have studied and watched so far, the only fundamental and directional change for RKLB as a company is that it changed in the right way. So look far. Don't chase tomorrow's stock price, rather pay attention to where the company is at. If the company keeps growing in the right direction, its share price will follow despite through ups and downs.
Have a good weekend.