I am upgrading ASTC from sell to strong buy.
This estimate is based on the new development and improving fundamental situation of the space industry and upcoming future events.
The stock is at present heavily undervalued with sight on future opportunities and current stock holders equity.
Further the undervaluation of ASTC is able to lead ot a take over of the company by a third party - for example Boeing or Lockheed Martin with sight on its strategic locations.
The 7 billion US-Dollar Nasa budget for the launch of the SLS-System should lead to significant improvements and collaborations of Astrotech with other partners in the space industrie.
Chart is signalling a buyers market - non regarding short term technical corrections. Near Term PT is 3 US $ - midterm PT is 8-9 US$ and Longterm PT is 12-15 US$ - depending on the future news flow.
Do your own due dilligence.
Sentiment: Strong Buy
this post has been quite accurate so far with price prediction and acquisition.....
If you did do due diligence, you would find out that Boeing or Lockheed Martin has no interest in this. And that SLS will not use Astrotech and anything related to SLS will have no dealings with ASTC.
ASTC has an excellent strategic position of its facilities in Florida.
Further the SLS -Launch ist a hug opportunity.
Astrotech is able to receive big contracts from LMT and Boeing.
Note - the marekt cap of ASTC is more than 50 percent below stockholders equity.
Note: Insider buying and interesting chartdeveloopment.
I expect a rising three methods after the decline of PPS in the past weeks.
In the follow up the stock will be rocking like a rocket to the sky.
Everbody invested in ASTC should be reviewing all the facts. Astrotech will always be a potential takeover target and Astrotech will be affected by SLS.