EVTL - Vertical Aerospace: Irrational Lift To New Heights

• Vertical Aerospace soared to irrational levels with a 50% intraday gain on April 12.
• The company faces a long 2 to 4-year period ahead with aircraft certification followed by a production ramp before the business has material revenues.
• The stock will struggle to gain much traction suggesting investors should only slowly build positions on dips.

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