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Orbital Sciences Corp. Message Board

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  • clamdigger_97 clamdigger_97 Jul 2, 2009 4:40 PM Flag

    Stopped Out!

    Tom, I like ORB's long term prospects ...ts just the stock price that keeps tripping me up. The mil sat deal sounds OK but there are several initiatives in high and low altitude unmanned aerial vehicles (UAV's) that can be launched quickly and inexpensively that can circle around an area and send pictures back to tactical command posts. Some even have weapons on board! (See recent Forbes article). Also the US Space deal sounds like a middleman scraping off the cream between the mfr (ORB) and the customer (US)? Would be a good capacity filler however.

    I tend to rely more on stock price action (charts) than fundamentals to tell me what's going on. ORB's charts have been fairly weak lately. GLTA

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