Joe seems to be the only poster here that has a clue as to Loral. The others are just pimps that have nothing to say about the company. I worked for them when they bought Ford Aerospace years ago and everyone Ive talked to lost lots of money on this company. Is Bernie still breathing or does he have his nose up Hillarys butt?
Inhale because I am going to tell you how I made A TON of money in the markets just recently. Google “LionStockAlerts” and see for yourself…They have killed it for me
LORL has lost more than 50% from its 52-week high with selloff fighting.
But lately, from lows of 30 to near 40 - but how much higher?
Maybe, just maybe a revival of agreement to sell and no in-fighting of large shareholder.
Price target might not be original offering high of 69+ but just 50s?
I give it to end of 12/31/16 or turns out a lost cause dead money.
You tell it like it is...should LORL stock sink to new lows like under 20, the vultures will come out to offer a low-ball takeunder price to go private.
The other way I see it if LORL stock marches gradually higher from low 30s to over 40, then 50, something must be cooking in the background. There are a couple big stakeholders waiting for the big payday, but also playing hardball all or nothing situation.
I'll like to see a spike up 30% - 50% to over 60+ but that is probably a pipe dream.
Hold and pray one day goes higher and get rewarded or just dump and take your losses.
Speculators won't touch this one because it is dead money trading flat to down.