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Orbital Sciences Corp. Message Board

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  • d23chenko d23chenko Aug 9, 2012 9:26 AM Flag

    Wow, up $.72 on low volume...

    Have about 19.5k shares, which is by far my largest holding. Looking for positives as Orb consolidates it's positions & rolls out Antares.

    Bought 15k during the summer Orbital share price drought, looking to hold as this goes to $20+ over the next couple yrs


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    • That is a pretty big position there Daj,indeed.
      Looking for too. This pad turnover is bugging me big time. This is about a year and a half behind schedule. I suspect there will either be an announcement this week or another delay in the launches.
      Looks like the GEMS program is scrubbed and puts off any Pegusus work to 2017. That will probably cause some layoffs at ORB.
      I will put on my cheer leading outfit when we get some good news...until then I grumble allot...

      • 1 Reply to mcrf52
      • I think that everyone is banking on Antares & ignoring the other strengths of Orbital, which are the Missile Defense Targets programs and the Satellite business. Also since the GMD program "reaward" went to Boeing, some $$ should free up to Orbital for block upgrade(s) especially in the avionics system.

        Not an employee of Orbital, but we sell a few parts to them, so I think that there is a lot of upside based on our assessment.