Mar. 18 at 3:16 AM
@CalledThis1 agreed. Obviously, if you go back to the start of the year,
$VG has had a heck of a run, but since conflict has begun it hasn't moved as much as I would have anticipated.
It certainly doesn't help that so many of the sell-side have cold feet and are only pulling up target prices when the actual price is well ahead (e.g. Scotia's raising target today from
$9 to
$11 when the stock was already trading above
$12.
None of them seem to have real conviction. Many were likely burned and embarrassed by poor post-IPO performance of the stock.
I've had to laugh with all the hoopla about Josh Brown's HALO (heavy-asset low obsolescence) trade, not a single mention of Venture Global.
Yet, the fundamentals keep improving as competitors have pushed back projects while
$VG advances. Barring some crazy run in the stock (à la
$PLTR in 2023-2024) I'm planning to hold at least until its inclusion in the S&P 500.
