I.really feel awful about my prediction a few weeks back about an 18.50 -19.20 range until the LADEE launch scheduled for next Friday. I think I issued a caveat of me being usually wrong. Looking back ORB fell pretty hard right before the April 22 Antares launch as well, so it might be a trend worth watching.
The LADEE launch will be pretty interesting , in that the capsule will be put into an elliptical orbit around earth and over time the Moon's gravity will take hold of the capsule. At that point the engine will then thrust the vehicle into a lunar orbit. I thought a 21 day journey to the Moon was a bit long....Me thinks ORB is a buy around here
Don't beat yourself up for being wrong about a stock direction, it has happened to me too ;=) I agree that there is alot of angst around ORB launches, esp the COTS one. Also alot of hype going for Elon Musk (to his credit, IMO). LADEE sounds cool. I also worry about the $1B situation over the engines. On the other hand, I now get an email every time the space sta is going to fly over Cape Cod so I can go out and look at it. Way cool! Have a beer or two and ponder how amazing all the space stuff is that the US, and the rest of the world is doing. ORB stock will come back strong on good launches ...that is unless I buy in again. clam