I predict the SATC financial news will be typically bad tomorrow. Their recent late release of the SBIR award news told me that those are their only good news and that they tightly control news releases in an effort to maintain their stock price. Three $70k Phase-1 contracts for six months work won't make a bit of a difference.
Of course, they want to get the bad financial news out of the way quickly, long before the annual meeting. In the weeks before the meeting, I'm sure we'll get more fluff and spin from their squad of cheerleaders.
I just wish that insidesatcon would get back to work creating value for the shareholders and stop trying to influence the PPS by spending his billable hours spinning a nice story for this board. Sad. Is that what the management has their people doing?
I think we shud see atleast $2 to start with and might touch 2.20...but I want to be cautious as markets sentiments are really bad with inverted yield curves.....sO iam gonna accumalate no matter what as fundamentals are really strong.
Getting work from NASA needs strict guidelines and thats where this company got ISO 9000 cert. In my dictionary quality means process and process eventually leads to profit. Lets be optimistic and make some money here.