I am assuming that you are guessing, so would you like to guess for positive earnings or negative earnings?
Nice to have a major launch near the Astrotech Corp. June 26, 2014 annual meeting.
The article definitely defines the scope and ultimately the earnings owers of Astrotech Corp.
New York, NY – (NISMAGAZINE) – 05/05/2014 – Astrotech Corp (NASDAQ:ASTC), a front-running provider of commercial-space services, has announced that it has now resolved all the claims that were asserted by John Porter, the former Chief Financial Officer of the Company. On Feb 25th, 2014, ASTC reported that derivative lawsuit that allegedly Porter had asserted in the representative capacity has been dismissed. The company has denied any of the claims that had been asserted in the Employment & Derivative Lawsuits. ASTC has reached the settlement of all the claims that were asserted by Porter in this Employment lawsuit and this brought a close to the proceedings. The Board is also pleased to have this behind them, said Thomas B. Pickens III, the Chairman and Chief Executive Officer of ASTC. While they vehemently deny any of the claims by Porter, a settlement was actually in the best interests of the company as well as its shareholders given all the costs associated with the protracted litigation.
You have around since May 4, 2014 on the message boards. Not much accountability. Good luck with your old news. You will find the board members much brighter than you might expect.
Old News that is completely resolved. You must be short ASTC stock shares. Sorry mostly likely the market will crush your position this week.
Recent stock share price increase would indicate investors think this will increase ASTC satellite business.
May 3, 2014 S&P report shows 2700 shareholders. More Shareholders is a good thing. The trend appears to be upwards.
This kind of article can drive the stock share price and did. Small investor will jump o the bandwagon for the ride to $10.
A Tiny Stock That Could Disrupt the Entire Tech Market
by Stephen Petranek.
Posted May 1, 2014
I became interested in the company Astrotech (NASDAQ:ASTC) when I wrote on the new era of private space companies in February, featured in Tomorrow in Review.
I’m especially fond of the company’s division called 1st Detect, which has built a portable mass spectrometer.
The machines were developed during a contract with NASA, and now they’re being commercialized. I cannot overemphasize what a breakthrough this is.
When I was in college, the “mass spec” in the physics lab that I used was the size of an office, was incredibly complicated and sucked up massive amounts of power. Astrotech’s device weighs 12 pounds, is the size of a box of detergent and runs on a 12-volt battery.
Eureka! Here’s what a mass spec can do: tell you exactly what’s in anything, atom by atom.
A 1st Detect mass spec on the SOHO satellite studying the sun has told us that the solar wind isn’t just cosmic rays and streams of electrons, protons and neutrons — it’s neon, magnesium, carbon, silicon and iron.
I am guessing, but Astrotech may earn one million on this OCO 2 NASA JET Propulsion Laboratory Mission.
Everybody knows ASTROTECH CORP is the best processor of Satellites. The Russians know it too. So bet on many of the Satellites that would have gone up on Russian Rockets to be processed by ASTC.
A possible scenario is former CEO, John Porter dumped his stock shares of the market and tanked the price, because he did not know about the good news coming? We are getting an amazing rise in stock share price now.
Astrotech Business Unit 1st Detect has potential of new business producing $1 per share earnings, hence could be a$10.00 Stock share price if right contracts acquired
(Notice: project is in ASTROTECH clean room at Vandenberg!!!!!!!!!!!!!!!!!!!!!!)
BY STEPHEN CLARK SPACEFLIGHT NOW Posted: April 30, 2014
By 6 a.m. PDT (9 a.m. EDT; 1300 GMT) Wednesday, the spacecraft was at Vandenberg's front gate on California's Central Coast between Los Angeles and San Francisco, according to Ralph Basilio, project manager for the Orbiting Carbon Observatory 2 mission at NASA's Jet Propulsion Laboratory.
OCO 2 will identify sources and sinks of atmospheric carbon dioxide, places where the gas is emitted into the atmosphere and absorbed back into oceans and plants.
The OCO 2 satellite will be prepared for launch inside an "ASTROTECH" clean room at Vandenberg. Basilio said technicians will charge the spacecraft's battery, then begin a series of functional and performance tests to ensure OCO 2 survived the overnight road trip from Arizona.
updates coming, whales demanding information, policy shift to provide multiple updates, good for stock share price
The April 28 State Department policy announcement reads in part:
“Effective immediately, the Department’s Directorate of Defense Trade Controls (DDTC) will deny pending applications for export or re-export of any high technology defense article or services regulated under the U.S. Munitions List to Russia or occupied Crimea that contribute to Russia’s military capabilities.
“In addition, the Department is taking action to revoke any existing export licenses which meet these conditions. All other pending applications and existing licenses will receive a case-by-case evaluation to determine their contribution to Russia’s military capabilities.”
U.S. Sanctions Putting the Brakes on Russia-bound Satellite Shipments
Canada Blocks Baikonur-bound Satellite Shipment over Ukraine Crisis
Back in 2010 ASTC was launching Russian satellites, so ASTC already has a relationship with them. Maybe this will be a super windfall for ASTC. Concerning the recent wild price flucuation (manipulation) of ASTC, perhaps certain Russian Investors are the NEW WHALE picking up 100,000s of shares on the cheap. (November 23, 2010 | Missions ... Astrotech To Support RSC Energia In Preperation Of Russian MRM1 Module For Flight On U.S. Space Shuttle.)
With less than 2% of Astrotech Stock trading over the last few days, the stock share price has dropped 70 cents. There is something wrong here. This is not a validation of Astrotech Corp having problems, but rather a manipulation to maybe take Astrotech corp private as private corporation. Time will tell.
I think you are rather safe at theat level - it seems to be a supported price.