Is Brian Turner running a scam, or just living a lie?

[Music] so this test flight was coming up and it was the weekend before this weekend and unfortunately they had to delay the test flight so the price was at 55 and what was going to happen basically is if that test flight was successful last weekend that stock price was going to shoot up i i bet you 75 80 something like that possibly even more it's one of the biggest ones in my portfolio what's going on guys welcome back to the channel this is actually an emergency video it's a reason that i'm emergency wiring money over into my stock broker so that i can buy as much of a certain stock as possible over the last couple of weeks uh basically it was at somewhere around 55 and we had this very important test flight date uh where it was basically going to make or break the stock what i'm telling you is that in my opinion none of this investment advice this is just a by the effing dip situation right it's funny how stupidity and greed always seem to go together you don't hear a whole lot about wisdom and greed working hand-in-hand you don't hear about like you know dispassionate detached philosophical people being overwhelmed by greed buy buy buy things when people are scared buy when there's blood in the streets don't buy when everyone's following it don't buy when it seems like a sure thing because it's already gone up 20 times or whatever this is just a by the effing dip situation i know what you're thinking you're looking at this chart and you're imagining that when brian turner said so passionately that you should buy the dip he was talking about the middle of this chart in may 2021 when you were clearly in between two peaks in between two mountains when you were down in the valley but no the quotations i'm playing for you here are from february of 2021 when the stock was at it's all time high and it doesn't just blow my mind that he would give such terrible advice what blows my mind is that he wouldn't follow up afterwards you know i i try to believe in freedom of speech i try to believe that we can have a better society that we can i don't know have a better democracy by letting everyone come out and share their advice share their perspective on the world no matter how bad and terrible and awful it is but you know like that hope i have that we can all learn from our own mistakes and learn from each other's mistakes it relies on people like this being honest in a way that they never are brian if you really did what you said you did if you really went out and sold all your worldly possessions to invest everything you had in this so-called great opportunity where are your videos now full of remorse full of reflection full of analysis as to just how tragically wrong you really were so let's talk about what stock that i'm about to yolo all of my money into and make a big big big all or nothing bet on because i think it's gonna do extremely well this year so the stock that i'm talking about that i'm extremely bullish on it is ticker symbol spse space this is virgin galactic reddit has an extremely dedicated community for virgin galactic and so user moon raker rocket basically just cut all of this amazing information into quick and easy to follow bullet points we've all changed our lives because of something at some point that we read on the internet quite possibly there are people in this audience right now who changed their lives because of something they read in a reddit forum from an anonymous user some of you became vegan because of something you read on the internet some of you became atheists you quit the mormon church because something you read on the internet i can't keep too much scorn on this side of human nature and like even if what you're reading on the internet is bad and evil and wrong it could lead to you in some way improving your life back when i was a member of the buddhist faith i was meeting people face to face who had converted to buddhism because of what they'd read on the internet sometimes sometimes just short quotations in reddit forums these days it'll be it'll be quotations from the buddha on instagram and you know i was one of the people saying hey look you really shouldn't have anything to do with this religion if you haven't actually read the philosophy of the buddha if you haven't really read something anthropological and political about the reality about what's going on in thailand laos cambodia but but but enough about me i looked up moon raker rocket user moonraker rocket basically just cut all of this amazing information into quick and easy to follow bullet points the man who apparently inspired or justified this enthusiasm from brian turner for this stock and here he is answering a uh [Laughter] answering a painfully honest plea on reddit someone says another day another 52-week low when does the pain end and you can see here i don't know if i can call this his rationalization but he's saying buckle up as if to say don't worry this stock is still going to take off still going to go to the moon 5x 10x and someone replies to him how long have you been telling yourself that mate the fact that the test flight that was going to happen last weekend is now pushed towards may and may seems a long time away and that's why we've seen this stock sell-off when that flight happens and it's successful the price is going to moon not only after that test flight is successful after that richard branson will be on the very first public flight and that is going to build huge hype that is when they're going to start releasing the ability to purchase more tickets which then is going to make their next quarterly earnings statement much much much higher which is then also going to drive the price up how would you feel if it were you how would you feel if you were brian turner and how would you feel if you were moon raker rocket i know what it was like to be in the buddhist faith and i know what it was like to get out of the buddhist faith and i have no regrets because i was a person of integrity at every stage because my religion was never built on a lie and i was never lying to other people for the sake of my religion i honestly my price target for this stock is at least 100 by the end of this year i more realistically i do just want to be conservative right there but what i really think the stock is going to do is 150 or 200 possibly even more at the time of filming this video the price of the stock is twenty dollars and eleven cents with a market cap of four point seven seven billion dollars now if you're a new investor in virgin galactic which is the stock ticker spce and you got in on the hype it can feel like you have been taken for a run and it could feel like this is not going to go anywhere if you go online you'll see a lot of people who really just got in on the hype don't actually believe in the company haven't looked into the fundamentals and don't really know what's going on with the company itself when it comes to development research and what's happening over the next year and a half and for those people it does feel like it's time to just cut your losses and get out now this video i want to explain to you what's going on this month next month and over the course of this year to still be able to hit an extremely high number in my opinion i think the stock can make it well past 80 by the end of this year honestly at this point i feel like the stock is at a fantastic price to buy but it could go a bit lower of course uh maybe 10 20 let's talk price targets let's talk what's gonna happen by the end of this year let's talk about what the price is potentially going to be by mid to late next year as well so one of the catalysts that is going to move this price up is that kathy wood which is like a legendary investor everybody's following her arc funds she has arc x which is the space exploration and innovation fund and announced that space spce virgin galactic will be a part of that etf as we see these test flights succeed as basically virgin galactic proves that it's moving along its path i do see you know kathy wood allocating more money into it basically she's just kind of you know playing the field seeing what's happening right now if virgin galactic starts to succeed of course she's gonna wait more of that etf in there now where are my price targets i think by the end of this year we could be seeing a 60 to 90 dollar space price now i think that may even be conservative but even more crazy i do see the price target for mid to late next year being 200 to 300 dollars per share where are your videos now full of remorse full of reflection full of analysis as to just how tragically wrong you really were as to what your thought process was how it was that you convinced yourself that you were buying the dip when you were in fact standing on the top of a mountain after which this stock would only decline in value why haven't we all heard you apologize for your prediction that this stock would increase by five times in value within a year that it would quintuple or more there's a difference between being wrong factually and being wrong morally just giving bad advice just giving people a prediction that turns out to be wrong i understand that's not immoral but when you refuse to take responsibility for it afterwards when you refuse to reflect on it afterwards for me it starts to become not just a factual but also an ethical problem i'm disgusted unsubbed unfollowed goodbye [Music]