I assume OA had business insurance to cover only their costs or contract revenue loss in the event of a disaster. I assume they are being paid by NASA unless it was found to be their error. If so the insurance would kick in. The tax payer is on the hook for the entire loss of the launch.
Its funny funnyman. We make a new high today! Don't know if you follow OA but more bullish there than here. Regards!
Anyone els positioning in long term BX calls. Made a boat load the last year and recently, luckily sold my Jan 42 calls for $3.50. Now looking tasty around $2.5. Seems a good bet if you believe this could run to $50 by year end. They would be worth $8+ in that case. Great possible return or you lose it all or part should we drop below $40 in a crash. Thoughts?
I would think they would be a tasty morsel for raytheon, general dynamics, Lockeed ,a merger w/ LLL.? Or they could be a play for the propulsion space division by any number of people but they would not want the defense piece. Who knows, but this company is dirt cheap if you break it up again. IMHO.
OA will be at $110 by end of 2015. Then it will be bought for $140 in Q1 next year. The buyer will spin off the munitions/ defense and keep the Orbital piece. IMHO. This stock is dirt cheap right now.
Private equity loves cheap value. 17 Billion mkt value for largest timber owner in america. Priced by the market with a low 10 PE. They buy for $25 bill, they pocket the dividend flow, cash flow, now while financing is the cheapest ever. They wait for inflationary cycle and earnings upturn then sell it. Blackstone loves timber. Who knows just seems like someone might strike.