Smart buy! It will be well over $3.00 in a couple weeks or less. This stock is fairly predictable. Company is making all the right moves. Hold 2 years and double your money.
Sentiment: Strong Buy
Yahoo key statistics. $.07 diluted eps, $1.16 annual div. 2850% of eps. That my friend is unsustainable by any business metric. I am long.
my patience cost me over 65%. I do not feel the business model works. You can only operate so long by selling for less than cost. Fundamentals and even the charts show what I have felt for far too long. And, I don't want to risk losing any more. Good luck to you too sirimiami.
I blame myself for not following a sell discipline. There is no way I should have held this POS for a 65% loss. A lesson learned for sure! Darren uses this company as his personal ATM and constantly unloads his FREE shares. This should have been a sign long ago, but NO, I am an idiot and serves me right for being a FOOL!
Good luck of those who still believe in this company although the pattern in earnings and everything else is DOWN, DOWN, DOWN. Except for the millions Darren Jaminson makes. I am sure he will continue to get rich while the company continues to lose money.
Just read the latest news and it should help, not push the stock down further. Let's see how this shakes out.
Intelsat and OneWeb partnership to result in the first and only fully global, pole-to-pole high throughput satellite broadband network
Investment features a commercial alliance to exclusively distribute to certain vertical markets
This only represents 2-3% of my portfolio, but thanks for your response. It was really informative. I will be sure to keep a watchful eye out for more knowledge and wisdom from you ctsilber...
If that happens, I will buy another 100 shares. All rails taking a beating today with forecasted slowdown in Q2. I take the bad news and buy when others are selling. Buy when others are fearful and sell when others are greedy. Works for Buffet and will for me on a much smaller scale. lol...