Today, Firefly is prospering under new management, gearing up for its sixth rocket launch and preparing to send a spacecraft to the moon. However, the current success offers little solace to the Ukrainian investor who initially kickstarted the company. Concerns loom that investors in Ukrainian Promin might encounter similar obstacles that led Polyakov to divest his holdings in Firefly. Should the company consider an IPO or attempt to attract private market investment, investors should exercise caution, especially those lured by the notion that if Google invests, it must be a safe bet. Proceeding with diligence is advised to avoid potential risks associated with such ventures.
Don’t miss this second chance at a potentially lucrative opportunity
Have you ever felt like you missed out on investing in the most successful stocks? If so, pay attention to this.
Occasionally, our team of analysts issues a “Double Down” stock recommendation for companies primed for growth. If you fear you’ve already missed the boat on investing, now presents an opportune moment to seize before it’s too late. Consider the impressive outcomes:
– Nvidia: Investing $1,000 in our “Double Down” recommendation back in 2009 would have yielded $338,855!*
– Apple: Putting $1,000 into our “Double Down” pick in 2008 would have grown to $47,306!*
– Netflix: A $1,000 investment following our “Double Down” call in 2004 would now be worth $486,462!*
Currently, we are releasing “Double Down” alerts for three exceptional companies, offering a unique opportunity that may not resurface anytime soon.
Explore the 3 “Double Down” stocks »
*Stock Advisor returns as of December 16, 2024
Suzanne Frey, an executive at Alphabet, serves on The Motley Fool’s board of directors. Rich Smith has no holdings in the mentioned stocks. The Motley Fool endorses and holds positions in Alphabet with a transparent disclosure policy.
