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Orbital Sciences Corp. Message Board

  • pacumchi pacumchi Aug 3, 1998 1:58 PM Flag

    Why isn't this moving with good news?

    What gives? Good news and barely moves up 1/8 from opening. Looks to me like we still got a lot of sellers here and some more downside to go, probably starting tommorrow.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Get lost.
      We don't need you here. Go short something else!

    • Everone always makes excuses saying the stock
      will bounce
      back just to justify to yourself that
      it is ok still to
      hang on to the stock... At
      least until we loose even more
      money, then we'll
      finally sell right???

      To justify holding a stock
      in a downtrend is a sickness!
      It's called
      gambling fever...

    • No clue for these folks!

      ORBI keeps
      falling lower and lower and everyone on this
      thread
      continues to say we saw the end of the decline
      already!

      It's the same talk from when the stock was in the
      $40's!
      No matter if the stock goes back to last years low
      of about
      $14 it will always be the end of the
      bottom on this thread
      as it was when the stock was
      much higher.

      Poor souls! Maybe I'll buy back my
      1000 shares after everyone
      on this thread
      absolutley hates the company for falling so
      much.
      Obviously we have more to fall because there are too
      many
      positive folks on here still... Psychology has not changed
      yet!

    • All this market is doing is shaking out the bad
      apples (people that don't belong in the market to begin
      with). This actually makes a stronger market with solid
      investors. I think once the correction takes place, ORB will
      turn around. A company that was going down the drain
      would not be spending 50 mil on a new building. I can't
      wait till the x-34 and 33 get up and working, this
      company will have so many contracts because of the cost
      associated with lauches it won't be funny...well maybe it
      will be!

    • Reason ORB not up more than it is on good news?
      Possibly bearish market conditions today, generally. I
      disagree that today is just a blip. I would expect that if
      check-out of new sats moves along acceptably, share price
      will move back up.

    • that today the stock manages to stay a float
      based on the
      good news, but Tuesday the psychology
      of the news is over
      and the stock should continue
      the dountrend.

      Iridium will lead the market
      and they lost 10% of their
      satellites already
      before service starts. ORBCOMM
      lost a few
      themselves.

      The real challenge will be to survive the TREMENDOUS

      METEOR showers this fall. JPL says on television that

      they will be stronger than expected and that some
      orbiting
      satellites should be taken out FOR SURE...

      The late
      winter may be a better time to buy into
      satellite
      stocks when the fears and psychological fears are
      over.
      They will continue until then!!!

      • 1 Reply to CinemaScope13
      • If people are going to short space stocks based
        on the astronomically small chance that a satellite
        is going to be hit by a meteorite, then they have no
        idea what statistics really mean and have no business
        investing. They should just throw their money out the
        window. Hmm, if people are that stupid, maybe I should
        long space stocks....

        BTW, Cinema, if you
        believe everything they tell you on TV, then you deserve
        to lose your shirt. You probably even listen to
        pseudo-space pundits like John Pike!

 

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