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Rocket Lab's share price has surged dramatically this week, with $RKLB stock increasing by 129% compared to the QQQ's return of 26%. This rise has been accompanied by rumors that the company's new engine had previously exploded and was not functioning correctly, and could not hot fire. However, Rocket Lab's CEO, Peter Beck, and the company's social media team have actively addressed these FUD rumors. The stock, which was $4.50, is now at $9.78, suggesting a potential short squeeze as it was 18% short going into the week.
$RKLB shorts in a last ditch attempt to avoid getting called starting spreading FUD that the neutron engine exploded Plot twist - they just ended digger deeper their own grave https://t.co/2b0IxjwqXt
Here is your resident $RKLB cult leader making the bull case for the stock when it was $4.50. Now it’s $9.78… I think a short squeeze has been happening over the past week for Rocketlab. It was 18% short going into this week. Does anyone have a valuation forecast for the… https://t.co/97qUNsxDfZ
$RKLB is up +129% (vs. QQQ return of 26%) since we published the below piece which used valuation (something cheerleaders rarely talk about) to gauge that there seemed to be a good entry point for $RKLB stock. Let's be clear here. That's not a good thing. Intrinsic value… https://t.co/R7G81WqVhb
