If you’ve read our work on Spire Global, Inc ($SPIR) you’ll know that we think this is the highest-quality business amongst the space SPAC cohort. Not the most rah-rah of marketeers, not the most ambitious of dreamers, those plaudits go to RocketLab ($RKLB) and AST Space ($ASTS) respectively. But the best quality company most likely to keep growing consistently for years and the most likely to become a prodigious cashflow machine in due course. We own both the stock and call options in staff personal accounts for this reason.
SPIR stock, however, never met a day it didn’t like to paint red. Why this is has to do with the signal to noise ratio in stock markets. Nobody is looking at SPIR right now and so nobody much is buying it. This means the company can chug along growing revenues and moving towards cash generative profitability, all below the radar. We believe that in a year or two’s time, the present SPIR stock price will seem very low and indeed at a level where in those times to come folks will be saying, well, why didn’t I buy this at four dollars and change?
Now we can go on and on for hours about the stocks we cover and the underlying companies to which they relate. As you will be aware, since you read our work. Or at least accept e-mail delivery of our work, thus to make us feel better before you toss it in the trash.
But we thought our subscribers might like to see the Spire story direct. And to that end we are delighted to announce that at 1600 Eastern on Tuesday 30 November, we will host Spire’s founder and CEO Peter Platzer, live in our Cestrian Stocks Symposium Slack workspace. Attendance is free to you as a subscriber of Cestrian Stocks Bulletin. To join in - whether to ask a question or just to watch the session - you have to do only two things.
One, join Cestrian Stocks Symposium
if you’re not already a member there. Just click here to join
Public company CEOs don’t do this sort of thing often so we are very grateful to Peter for this. It truly is a special opportunity to hear direct from a New Space founder & CEO all about the exciting growth opportunities the company is addressing.
We hope to see you there! Any problems getting set up, reach out to [email protected]
and we can help.
Cestrian Capital Research, Inc - 29 November 2021.
DISCLOSURE: Cestrian Capital Research, Inc staff personal accounts hold long positions in SPIR and in SPIR call options.