Well, they are seriously starting to scrape the bottom of the barrel. There’s a company called Momentus (MNTS) which is somehow related to space exploration, which instantly makes it relevant in these days of SpaceX fever. Until recent, the stock had lost – – and I’m not making this up – – had lost all but 1/100,000th of its value. Yes, if you invested $100,000 in this thing at its peak, you would have wound up with a dollar.
Since investors have gone berserk for anything that has anything at all to do with rockets and space, they finally turned over the rock to find MNTS and bid this up over 100% on Tuesday. I am highly confident this will be a transitory condition.
