I'm glad I moved my money from RocketLab to Redwire in the last week

I rode it from 7$ to 25$ and then sold it all (should have sold it at 30$ in hindsight).

I had a hunch the results were going to be bad and moved all my money from $RKLB to $RDW, $BKSY and $LUNR.

There were a lot of things that could go wrong with $RKLB....from Neutron delays to missing on revenues or earnings or missing on guidance.

They missed big on guidance both about revenue and EBITDA. For stocks that trade at very high P/S missing on revenue always cause big crashes. High P/S = the market expects perfect execution which means you must release an even better guidance otherwise algos will kill the stock. Saw it many times before in my more than 10 years in the market and I knew the market would react like that.

$RDW is different because it trades at a low P/S of 3 so even if they miss on revenue in the guidance the implied crash will be much less. RocketLab with that P/S needed perfect execution.

Moreover we don't compete directly with SpaceX which is a really good thing as you don't want to compete against the unlimited money and connections Elon Musk can put into his company and the technological superiority of Space X which will be a magnet for Institutional investors.

The highest margins and highest growth in the space sector is all in the space application and space manufacturing and Redwire is exactly in that segment. I see a bright future for us ahead although tomorrow we might go down because the bad earnings of $RKLB will cause algos to dump a bit everywhere on space stocks and in the AH we already see that. But nothing to worry about