Using the comparison table here on Price/Sales not as a timing mechanism or even as a decision factor . . . . simply want to present something that is easy to compare, ingest, and understand . . . . valuation multiples are not appropriate for timing or deciding when to enter or exit in my humble opinion . . . . Price/Sales though is a blunt and clear cut metric that in this instance shows an enormous disparity between SPCX and these other two stocks . . . . SPCX currently trades at almost 100x its TTM revenue which is truly astonishing and preposterous in my view . . . .

Average Price/Sales in S&P 500 is around 3x . . . .

I do however find Price/Sales useful in a few ways one is managing your expectations if you are looking to build a position and hopefully hold it for an extended time . . . . if one can find true winners that go on big runs it may be prudent to consider a starting point with relative valuation . . . . in other words to catch a nice one over several months or a few or more years one of the things that tends to contribute to gains is multiple expansion . . . . if my starting point is 100x sales then the stock will need to truly be an epic moonshot once in a lifetime miraculous Play if I am going to successfully ride it from 100x sales to 200x sales and so on . . . . not my type of Play . . . .

SPCX . . . . my posture . . . . not Long . . . . if SPCX goes from trading at 100X sales to 200X sales while also rising even more than that . . . . then I’ll watch from the sidelines and possibly benefit from Planet Labs (and other Space Plays) doing a 5x during that same time . . . . meaning if SPCX skyrockets it is highly likely the market is also moving Planet Labs for whatever the reasons may be at that particular time . . . . so I’m holding with the Space Plays as is plus finding new ones . . . .

OUST . . . . my posture . . . . on my Watch List . . . . holds some nice cards with the lidar sensors feeding robotics . . . . a bit wild and wide trading ranges last couple weeks trying to explode up off of 10 EMA Weekly but retreating back a bit . . . . I’m monitoring . . . . Industry Group has been extremely helpful to OUST recently and currently . . . . intriguing but not chasing will be patient and consider adding incrementally from hopefully attractive entries . . . .

KRKNF . . . . my posture . . . . holding and have been adding . . . . entered years ago and up substantially here . . . . Industry Group AeroSpace/Defense got crushed last few months and that action and sluggish overall for KRKNF during this time . . . . officially absorbed the acquisition and put out guidance for 2026 of $300Mish in revenue . . . . still appears to me in the driver’s seat for subsea intelligence and power and robotics and wherever else that takes them . . . . obviously a bit out of favor with the market Right Now . . . . continued chop and consolidation is entirely possible and perhaps an opportunity depending on your time frame mindset and expectations . . . . might not move meaningfully until it reclaims 10 EMA Weekly and the Industry Group (or at least Small Defense tech) shows much better Relative Strength . . . .

75% of stocks follow the overall market trend . . . . seeking Industry Groups that are rising, performing well, and/or holding up . . . . stocks showing the best Relative Strength . . . . RS in an absolute sense yes but RS improving pattern is also very intriguing . . . . very strong preference for very high Accumulation/Distribution Ratings and Up/Down Volume well above 1.00 . . . . can’t be a mile above 21 EMA Daily for my potential entry . . . . not easy . . . . nothing is for free . . . .