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Orbital Sciences Corp. Message Board

  • wright.tom64 wright.tom64 Feb 13, 2014 9:56 AM Flag

    Is my stock screen wrong

    The ORB price keeps bouncing all over the place. Was up 16 cents, then up 30, then back to 14 cents and the last was 1.00 up. If the one dollar rise is accurate then I think, like doc, that something else is going on here besides earnings which were pretty much in line with expectations and forward guidance was very average.

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    • Hi Tom....my first look at the price was after the call ended. Two words come to me Steady and Somber. Cash flow is the big plus, with the first time the word dividend being used. If there is something going on it was not hinted at. The only thing about the engines I heard was that they may have something to add in April or Mid year,which coincides with lawsuit coming to trial in May. More to say later, gotta tend to the dog....Switching to a buy based on call...I am less bullish, but hardly bearish

      Sentiment: Buy

      • 1 Reply to mcrf52
      • Nice screen at 3:15, up $1.25 on decent volume. I think you amigos have this stock covered better than a bunch of analysts who don't know anything. I liked the solid forward outlook:

        "The company's operations last year were highlighted by the successful introduction of our Antares medium-class space launch vehicle and Cygnus cargo logistics spacecraft, as we concluded a multi-year research and development program to create these products and set the stage for expanded operational performance in 2014 and beyond." He added, "With new orders and option exercises for 38 major launch vehicles and satellites and other new business wins last year valued at $2.3 billion, Orbital looks forward to a promising year in 2014."

        I think we are in uncharted territory on the stock price chart which means no visible resistance. But we are sporting a 25X PE vs the ITA's 17X so we have no support there. I also believe that little ORB gets played for whipsaw up & down swings quite often by junior hedge fund types ;-) But I am in for a few shares and looking for some good earnings reports going forward. Go ORB!

 
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