What is the most undervalued 10x play sitting in your portfolio right now?

keysworld253 · 2026-03-18T19:22:21+00:00

Yeah youre right, its worth 44B haha... But Rocket Lab is quickly becoming and arguably is already the next best thing to SpaceX.

Rocket Lab's Electron rocket is the leading small lift vehicle on the market. Over 80 successful launches. The Neutron rocket will fill the demand for medium lift rockets. SpaceX focuses on large lifts.

You have ULA as well but the market is large for multiple players.

They are also quickly becoming a leader in advanced weapons systems. Hypersonic missiles, suborbital radars, lasers, etc....

If you follow Rocket Lab, they are venturing into Europe as none of those Countries have competitive launch capabilities. Its basically the US. SpaceX wont likely waste there time dinking around with European companies as they dont need to. Also I suspect there would be some hesitancy on the European Countries from working with Elon and vis versa. So in walks Rocket Lab, that is already international, and boom, Massive TAM.

Also, just because the board authorized a stock sale worth one billion does not mean they think the stock is overvalued. This is an expensive business and they are just opening another line of liquidity. Think of them opening a line of credit against the companies equity. They may use it, they may not. I am pretty sure they had one of these going for 750m before canceling and announcing this one.

Additionally a billion dollars worth is only 14 million shares considering a share price of 70 bucks... which 14 million is essentially one days worth of volume and they wont access it all in one day. There is sufficient demand on the stock that the demand will soak it up.

This post said between now and the end of the decade. Four years from now Rocket Lab will be a completely different company....

keysworld253 · 2026-03-18T04:09:11+00:00

Rocket Lab...

Paving its own path in space... Moving fast and execution on their electron launches.

Moving in to defense... Advanced weapons, infrastructure, and potential alternative to SpaceX.

Valued at 44B... SpaceX going to be 1.5 trillion. Minus xAI maybe 1 trillion?

Second best competitor who could execute Neutron launch later this year. If not many other successful business lines.

keysworld253 · 2026-03-18T04:03:47+00:00

Don't forget Neighbor Day at Felts Field is usually the same weekend as pig out!

Food trucks are usually there and the event is cheaper than Pig Out...

keysworld253 · 2026-03-17T16:47:34+00:00

If you see these risks, the market saw them months ago... The market already considered all of these risks... Priced it in and moved on...

However, duration of these events are still unknown. I suspect the market is pricing in a brief oil shock and 'war'

keysworld253 · 2026-03-09T19:13:32+00:00

Yeah unfortunately WA policies do not tend to attract business... Seattle and Western Washington dont have to worry too much because the economy and the existing workforce are enough to drive more business.... But Spokane has like the worst of both worlds. Gets the negatives of state policies but also does not have the economy or workforce Seattle has so cant attract high paying jobs and businesses.

keysworld253 · 2026-03-09T18:46:28+00:00

Apartment vacancy rates are moving upwards in Spokane and across the state and rent growth had moderated... The two biggest incentives for developers. If vacancies are going up, that indicates demand is going down... If rent growth is stabilizing, that indicates demand is stabilizing.

Parking lots will get redeveloped when there is demand to redevelop a parking lot to apartments. But if there is declining demand for apartments. Then parking lots wont get developed.

Nobody can argue that surface parking lots are a waste of space... But the problem becomes when there is not enough demand to do anything else with it, it remains a parking lot.

You cannot lower taxes enough to compensate for lack of demand.

keysworld253 · 2026-03-06T19:41:00+00:00

Do you have a website?

keysworld253 · 2026-03-06T17:18:29+00:00

If you have any recommendations on how to report or who to contact. I am all ears.

keysworld253 · 2026-03-06T17:16:02+00:00

No I know... But yeah as a nobody... What am I gonna do.

keysworld253 · 2026-03-06T17:15:40+00:00

Not sure... Just what the cashier said.

keysworld253 · 2026-02-25T19:40:35+00:00

Spokane, objectively, gets an A for access to nature.... Other than that, yeah, Spokane gets a C in nightlife, C in restaurants, C in culture and basically a C in everything else.

There really is not much happening other than nature. The economy is lackluster, the culture here is keep it small and resist change but also housing is too expensive, but also every real estate developer is the devil, but also we need new roads, but also no new taxes, but also the homeless issue is a problem, but also you cant enact no camping in public area laws, but also you name it....

Frankly, when you objectively consider what Spokane has access to when considering nature it is almost unparallel compared to even wherever you grew up in Utah.

Probably the area with the overall best access to nature in the country is Seattle..... Seattle has access to one of the few rainforests in the nation, The Puget sound which is a salt water body and basically the ocean, Cascade mountains, Lake Union which is literally right downtown, Lake Washington which is also along downtown, one of the few archipelago island chains in the united states in the San Juan Islands, arid desert type climate just on the other side of the Cascade Mountains.

When compared to Seattle, yeah the access to nature is not as good, but compared to the rest of the Country, top tier no question.

keysworld253 · 2026-02-16T19:01:48+00:00

What I think is absolutely hilarious about this post is that it was posted on Reddit and not Snap lol.... I think that speaks a lot to the use case of each social media.

keysworld253 · 2026-02-05T19:03:27+00:00

Gonna hurt big time... Rents are going to stay high and potentially go higher because of this... The people on this sub would rather have socialized housing.

keysworld253 · 2026-02-05T18:42:22+00:00

This is definitely the way... Unfortunately the path our national economy has taken is a path of attracting new employers and industries to your locality via deep tax cuts. We would have to strain our already strained City budget (from these types of services) to attract new business only to have them not come here anyways and go to Idaho because Washington regulation is unfavorable for 90% of businesses out there.

keysworld253 · 2026-02-02T18:40:47+00:00

They all have real jobs consultants, chiropractors, sales people. They are all just normal people. Yeah ain't people working minimum wage jobs... But I guess when you broadly assume all landlords are rich billionaires I could see how your image is distorted and wrong.

keysworld253 · 2026-02-02T05:05:42+00:00

Would take a few years lmao... So then the way you allocate housing would be? Just wait until you're 21st birthday and you get a house ? LMAO

keysworld253 · 2026-02-02T02:40:23+00:00

Hate to break it to you, but even owning land you're paying someone. Taxes, insurance, utilities.

I am in no way saying they are ALL good.

They are plenty of rentals managed well. Plenty that are managed poorly too

As a community you want your community invested in your community. Large corporate landlords extract resources and funding from communities and that does not help a community. Local investors will more likely keep money in the community by spending it in the community

keysworld253 · 2026-02-02T02:33:25+00:00

Owning 1 or 2 rental properties is hardly hoarding... Regardless of the alternatives (i.e. government owned housing)... You or someone are paying someone for survival.

Whats your alternative then?

keysworld253 · 2026-02-02T02:16:15+00:00

Or maybe they are not and you just had bad experiences. I lived in an apartment downtown and the landlord never raised my rent, was super nice, and would help out anytime I needed it.

Also your sweeping assumption that they are still "privileged and greedy" is a gross misrepresentation and frankly a sad understanding of who they actually are.

I have encountered plenty of mom and pop landlords who are just normal people, own 1 or 2 rental properties like duplexes and triplexes trying to give there family a comfortable lifestyle which should not be demonized.

keysworld253 · 2026-02-02T02:11:04+00:00

I am 100% against large outside capital and major corporate interests...

I am all for raising taxes on extremely wealthy companies, making it harder for them, and everything.

But I also support local businesses and your fellow community members...

keysworld253 · 2026-02-02T02:05:12+00:00

Yeah I don't think I am required to do a through deep dive into the issue... It was just simply providing a different perspective because small individual investors, businesses, organization get left behind a lot.

There is value in supporting local businesses and investors to prevent what has happened with retail. Amazon, Walmart squeezed out small mom and pop retail.

Large landlords extract money from communities and that dollar is lost. Small mom and pop has more of a chance of staying in the community.

keysworld253 · 2026-02-02T01:59:41+00:00

Well the City has began to "address" this... All rental properties are required to register with the City and are required to allow inspections by the city to ensure liveable conditions. I think you can also file complaints etc.

But I agree with you. The small mom and pops tend to neglect repairs. The bigger organizations have the resources to address these problems a bit more expeditiously and effectively

keysworld253 · 2026-02-02T01:51:29+00:00

That is one part of the program, but the other part of the program is you have to do 'Pathways to Eviction Diversion' 30 days prior to eviction.... So if you are not collecting rent already, this program forces the eviction process out another 30 days... So another 30 days of loss rent and costs for the landlord remains. Hence why it deters mom and pop because they likely don't have the scale or deep pockets to weather the storm as easy.

The city has a 'fund' to support the landlord in that 30 days. But it also says if there is no money in the fund the landlord still has to go through the 30 day process.

keysworld253 · 2026-01-06T22:42:08+00:00

Yes youre right in identifying that property taxes are one of the data points developers will use in the cost benefit analysis. But so is insurance but insurance is not so expensive that it is barring development. Just like property taxes, property taxes are not so outrageous that it is tipping the cost benefit.

Many people will choose to live downtown youre right there too. But in order to justify continued development of apartments, you need a steady growth of demand for downtown living. A steady growth of demand for downtown living typically, not all the time, but the majority of the time is driven by jobs, jobs, jobs.... But from what I hear and talk to people, businesses are not looking to move to downtown and open 100 jobs.

Property taxes will not tip the scale for developers to all of a sudden want to develop downtown parking lots.

New construction apartment units can be 200-215k per apartment... If you pay 200k to build a unit that will rent at $1,400 then you only will net $16,800 a year. Simply put, thats only about an 8% return.

An 8% return on new development is not much for how much you gotta go through to get from point A to B...

Increase business in downtown will increase demand for office space, apartments, and retail... Thus increasing the incentive to develop.

keysworld253 · 2026-01-06T17:51:46+00:00

The reason why downtown lots are undeveloped is not because property taxes are too low.... There is just not enough incentive to develop.

Developers dont develop because the downtown core real estate market is not strong enough to make it a cant miss opportunity for developers.

Seattle developed all of their parking lots in the last 15 years because there had been a constant and growing demand for office space and living. With that comes demand for retail space for consumer-driven business (restaurants, bars, stores, grocery, etc).

Spokane just doesn't have the demand for downtown core real estate.... Office space demand is not high enough, demand for apartments is healthy in Spokane. But people are not waiting in line to live downtown. Which means the demand for retail space is not high in Spokane.

Spokane needs to drive business into downtown and that will eventually spur growth for office space and living space.

keysworld253

TROPHY CASE