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Iridium Communications Inc. Message Board

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  • malachysbrother malachysbrother Dec 28, 2010 11:09 AM Flag

    Some pullback, huh?

    I bought this back on 11/19 @ 9.75. At current trading price, this stock has dropped more than 15%.

    I find it hard to believe that a single downgrade (in light of the positive article in the WSJ immediately beforehand) is behind such a steady drop in share price.

    I have to believe that a technical bounce is coming in the near future.

    In any case, LOL to all and best wishes for the new year! Cheers.

 
IRDM
8.74-0.27(-3.00%)Jul 2 4:00 PMEDT