A number of other firms have also recently commented on ORBC. Analysts at Macquarie upgraded shares of ORBCOMM from a “neutral” rating to an “outperform” rating in a research note on Monday, September 22nd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. ORBCOMM currently has a consensus rating of “Buy” and a consensus target price of $11.75.
*COVERAGE INITIATED: Orbcomm (ORBC) initiated by CRT Capital. Initial rating Buy.
CRT Capital initiated coverage on ORBCOMM (NASDAQ: ORBC) with a Buy rating and a price target of $9.00.
FYI- same PT as IDSY
no one gets fired for choosing Cummins or Johnson Mathey. Maybe Honda has manufacturing rights in the case of CDTI going BK. Otherwise, I don't think anyone has enough info to answer this
Only the Accura and Accord use it. Why not the Fit, Civic, etc? The Accord and Accura are basically the same vehicle power train. So the statement could be, why is Honda only deploying CDTI on one powertrain?
based on the lower earnings of $1.09/yr, the price should move to $7+
They said this current quarter ending in 3 days is not so good either. Could therefore push this to under $7
They are moving to becoming a bullion bank where they charge interest and store metal. Very dangerous slippery slope. Afinsa was doing that. BTW - they are still on the hook for Afinsa and the 10K says the shares could be worthless if Spain pushes the issue. I thought the whole point of the spinout was to get away from that legal stuff
the NOL's of over $60M are worth $20M+ to the right buyer. Add in $14M cash, $60M for AI. The current market cap says VMS is worth nothing. I have a feeling others are coming to this conclusion as well and this will continue to rise
Justices deny Mines Management appeal to oust judge
Montanore Mine site still broiled in federal compensation case
Posted: Friday, September 26, 2014 11:44 am
Phil Johnson | 3 comments
The Montana Supreme Court upheld a denial for a substitution of judge Tuesday in a case between Mines Management and a group of claimholders now associated with former Montana governor Brian Schweitzer.
The state case concerns the legitimacy of 58 claims held by Arnold Bakie and others on the location of the potential Montanore Mine, which is owned by Mines Management. Fourteen of the claims were sold earlier this year to Optima Inc., a group that includes Schweitzer, who now serves as chairman of the board of directors for Stillwater Mining Company.
“This is the court rejecting Montanore’s attempt at court shopping,” Schweitzer said.
In March 2013, District Judge James Wheelis granted summary judgment in favor of Bakie and others, ruling their claims were legitimate. The ruling prevented Mines Management from accessing a 14,000-foot adit, or underground tunnel, into the copper silver mine worth an estimated $8 billion. Mines Management appealed the ruling to the state Supreme Court.
In January the state Supreme Court issued an order concluding that Wheelis did not make sufficient findings to support the granting of injunction and appellate review. The ruling was remanded with the instructions to “vacate the subject injunction and for further proceedings.”
Mines Management filed for a motion of substitution of judge. Wheelis denied the motion. Mines Management’s appeal to the state Supreme Court was denied Tuesday.
yep, terrible quarter and year. Revenue WAAAAY down, profits way down, outlook awful. If they took their normal vig, they wouldn't have made any money at all.
I can't see this above $8. They put out earnings after COB on a Friday to bury the report.
high volume up day today. in general, I think shorts tend to try and gang up and push it lower. People see a bargain and buy. That is why you have your high volume down days. Without shorting, this tends to move up quickly on low volume