I hope you're right,
@time is money!
Bought a few more shares at today's price around $4.02, but spooked by why it keeps dropping. That and the for-me-large 3% (now 2.8%? I mean, 3.1%?) keep purchases limited.
Is it dropping because of new news? If so, what?
Or, because articles pointing out that losses have been slightly larger than predicted have been circulating? Can't find anything super recent, unsure of any correlations.
Bot-like articles discussing how recent earnings report had "11% larger losses" (an extra penny per share) compared to "expectations." Not sure if that penny represents a big trend. One article points out that RKLB has underperformed profit estimates (aka shown higher than expected losses) in 3 quarters out of the last 4. Given acquisitions and growth, not sure this is meaningful. Maybe the "stats" look bad while the underlying growth is good?
https://finance.yahoo.com/news/rocket-lab-usa-inc-rklb-223511559.htmlOr, as in this slightly more analystic article, are RocketLab's falling cash reserves a legitimately worrying sign?
https://finance.yahoo.com/news/rocket-lab-usa-inc-rklb-213747433.htmlAm I missing something? Worrying amounts of insider selling, for example?