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Old 07.01.2010, 16:26
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Phil_MCR Phil_MCR is offline
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Re: Apple - why we love the stock ...

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I dont thinkyou are confusing ... it is THE one.
http://siliconinvestor.advfn.com/rea...msgid=25999900

The IPO price was at 10, now today price is below 8. My friend has open position and now she doesnt know what to do. if she should take the loss and walk away or should rather hold ...

http://www.bloomberg.com/apps/quote?ticker=irdm%20us

Thanks!
frankly, i'd sell. replacing satellites is a capital intensive business and i wouldn't like to be raising the capital in 2014 when the world is, at best, emerging from the biggest financial collapse of all time.

i don't see how they could even pretend to be profitable on commercial applications alone e.g. shipping, aviation. but the wildcard may be military uses and whether it might be kept alive by the US govt - but I suspect even their budgets will be squeezed in the next few years.
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