Iridium Communications Inc. (IRDM)

[tothe]

IRDM chart; breakout
I am including my trigger list compilation for buying on the compound.



#1. AROON- 8 You watch as the AROON DOWN crosses the 75 down and the AROON UP comes up from zero. Most important. (\0/)
#2. WILLIAMS%R- 9 You watch the line cross the 50.
#3. CMF- 15 You will usually only see growth when the CMF is in the negative.
#4. ADX/DMI-5 You watch as the D+ line either crosses the D-, or crosses above the 20.
#5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping.
#6. Full Stoch- 5, 5 You watch the fast line cross the slow line while the AROON DOWN(8) crosses the 87.50. Crossing the 20 would be best, when the Williams agrees.
#7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.
#8. RSI 5 you watch as the indicator crosses above the 50 for a quick pop.

[tothe]

IRDM charts

[tothe]

Just got in on Thursday 12/24 with a filled 700 limit at @8.48!

I am surprised that I created the 8.50 support level for the rest of the shortend day. The active float must be pretty small if %92 is locked up. When the trading vultures saw my 700 buy order down below they swooped in tanked the stock almost %4 !!

I think 2016 will be the year IRDM reaches maturity.

[JUrology]

:)

[Calculated18]

Looking good today so far. Still way undervalued here

[Calculated18]

15% short here. Gonna get squeezed today!


MCLEAN, Va., May 1, 2014 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was $16.5 million, or $0.19 per diluted share, for the first quarter of 2014, as compared to $14.9 million, or $0.17 per diluted share, for the first quarter of 2013. Operational EBITDA ("OEBITDA")(1) for the first quarter was $51.6 million, as compared to $46.8 million for the prior-year period, representing a year-over-year increase of 10 percent and an OEBITDA margin(1) of 53 percent. OEBITDA grew largely due to higher service revenue.

Iridium reported first-quarter total revenue of $98.0 million, which consisted of $73.4 million of service revenue and $24.6 million of equipment, engineering and support revenue. Total revenue increased 10 percent versus the comparable period of 2013, while service revenue grew 7 percent from the year-ago period. Service revenue, which represents primarily recurring revenue from Iridium's growing subscriber base, was 75 percent of total revenue for the first quarter of 2014.

The Company ended the quarter with 674,000 total billable subscribers, which compares to 621,000 for the year-ago period and is up from 664,000 for the quarter ended December 31, 2013. Total billable subscribers grew 9 percent year-over-year, driven by strength in machine-to-machine ("M2M") and commercial voice customers.

"We affirmed our 2014 and long-range outlook across the board today, and also reported our best all-around quarter in nearly two years," said Matt Desch, CEO, Iridium. "Total service revenue grew 7 percent year-over-year with contributions from many of our key sectors, while our equipment business regained its footing, posting a 16 percent revenue gain on higher overall unit sales. We're encouraged by our solid start to 2014, and are poised to build on this momentum with exciting new products like Iridium GO!TM, by capitalizing on opportunities in our maritime business, and further penetrating the heavy equipment OEM segment in the M2M market."

[Calculated18]

Fool.com listing book value as $12.26

S&P Capital IQ has tangible book value at $10.37 with a fair value calculation at $9.90 (undervalued).

[G. Falcone]

Been here for a long loooong time and things are finally starting to come around.

It has been a buy at 6 and sell at 9 for a long time but Iridium is becoming legit.

[Calculated18]

NEWS
http://www.bizjournals.com/phoenix/blog/techflash/2014/03/orbital-sciences-launches-3-billion-next.html?page=all

Orbital Sciences Corp. started production of 81 spacecraft today in Gilbert for the world’s only voice and data satellite network program, Iridium Next.

Thales Alenia Space of France, the prime contractor for the project, selected Orbital to assemble, integrate and test the satellites. The $3 billion next-generation satellite constellation is being built at Orbital’s local facility for Iridium Communications Inc., a McLean, Va.-based company that has an office in Tempe.

The cross-linked 66-satellite constellation spans the globe for personal data connectivity, allowing communications from a ground or airborne user from any location on Earth to virtually anywhere else on Earth.

The new satellites eventually will replace the current largest and unique group of 16-plus-year-old satellites in space, which provide global mobile communications via the world’s farthest-reaching satellite network.

The 66 new satellites, which will be launched into space starting in 2015, will provide more broadband services and enhanced voice quality and will meet future data demands, said Scott Smith, chief operating officer of Iridium Communications.

“In areas where there is no connectivity (like oceans and polar areas), the satellites provide data connectivity,” Smith said today at the Gilbert kickoff event, adding that the satellites support oil, gas, transportation and utility operations. “We reach 90 percent of the world that is not covered by cellular. Connectivity globally is key.”

The satellites will also help locate air traffic anywhere in the world, using new GPS receivers every commercial aircraft will be required to have by 2016, Smith said. This could have helped locate the recent Malaysian Airlines jet that was lost over the Indian Ocean.

Current air traffic control works with radar and transponders, a method that does not work when an aircraft is crossing remote ocean areas.

“There are long periods of time where no one knows where you are,” Smith said. “With new-generation aircraft, they will have this new GPS receiver. We’re putting these receivers on every satellite to know specifically where every aircraft is.”

Besides the 66 operational satellites, Orbital is building six on-orbit spares and nine ground-backup spacecraft at its new assembly line in Gilbert.

Orbital is expected to build three to four satellites a month for the next three years, completely replacing the older ones by 2017, Smith said.

The production marks the first activity for the Gilbert facility’s foreign trade zone, said Jason Yocum, Orbital’s senior program director for Iridium Next.

“The foreign trade zone has allowed Orbital to reduce program costs,” he said. “The zone is designed to make U.S. companies more competitive in the global market. This helps with our international partnership with Thales Alenia.”

Gilbert Mayor John Lewis, recalling the day in 1969 when he watched Neil Armstrong step on the moon, called this program “another giant leap for mankind.”

“I’ve been told this is the most significant commercial space project in the world,” he said. “Gilbert is the place helping the entire world to connect.”

Thirty to 40 employees at the Gilbert facility will build and test the spacecraft, Yocum said.

Orbital is also responsible for the ground support equipment, payload integration and launch integration services.

The newly designed satellites are expected to be in orbit for at least 15 years, Smith said.

Most of the old satellites will be taken out of orbit, he said, and some will be used for backup.

Orbital also is building a satellite for NASA to help understand Earth’s climate change

[Calculated18]

This company is gold.

$140k trade at 7.90 just went through

[investinthefuture]

It doesn't look like anyone is posting here, but I'll post this anyway in case someone finds it.

I would say that the disappearance of Malaysia Air Flight 370 has just made the business case for the worldwide ADS-B coverage that Iridium will have available on their new satellite constellation. After this mess with not being able to find the plane, airlines will move swiftly to subscribe to this new service when it becomes available, providing global, real-time tracking of all aircraft.

From the Iridium press release on this new capability:

For Iridium, Aireon is the product of its multi-year commitment to establish an innovative use of the hosted payload capability that will be available on Iridium NEXT. The ADS-B 1090 MHz Extended Squitter (ES) receivers on every Iridium NEXT satellite will complement ground-based air navigation systems currently in use by seamlessly relaying, in near-real time, position and status information of aircraft flying over oceans, poles and remote regions to air traffic controllers on the ground. This new capability will extend the benefits of current radar-based surveillance systems, which cover less than 10 percent of the world, to the entire planet. The Iridium NEXT constellation, a low-Earth orbiting (LEO) system of inter-linked satellites, is the only system that will be able to seamlessly provide ADS-B coverage globally.

Including this new capability, Iridium's next gen service will provide global voice, global data, space based data, and air traffic control.

[shanak10]

http://ih.advfn.com/p.php?pid=nmona&article=61326922

http://ih.advfn.com/p.php?pid=nmona&article=61325445

[investinthefuture]

The IRDM PR on Iridium GO yesterday is a good sign of things to come. Although the product it a bit limited at this point with the current Iridium satellite constellation capabilities, it foreshadows what's coming next year when the Iridium NEXT constellation launches. At that point, Iridium GO will provide a high bandwidth "MiFi-like" capability anywhere on the planet, not just where there is cell coverage.

Basically you could turn on your Iridium GO in the middle of Africa or Antarctica, turn on your laptop and iPad, and you're connected. That's a competitive edge that no one else has, and the barrier to entry for getting into that market is that you need a worldwide constellation of satellites in earth orbit.

Although wireless internet is pretty ubiquitous in the US right now, there are plenty of first-worlders who travel to parts of the world where it's hard to come by reliable connectivity. Their companies will pay for universal access from Iridium GO in a heartbeat.

As soon as the first NEXT birds go into space and come online next year, I think this stock will do quite well. Probably to the $10-15 range at least IMO.

[shanak10]

http://ih.advfn.com/p.php?pid=nmona&article=60937223

[shanak10]

http://www.otcmarkets.com/stock/IRDM/news

[G. Falcone]

awesome news this morning

[G. Falcone]

One thing that could really move this stock is some heightened use by the military, although DISA or the DoD already has a contract with IRDM.

At the very least, NEXT comes out in 2015, and the months leading up to its introduction should be a major catalyst for a move.

[payperview]

I've been in an out of the stock, sold puts short that were exercised and not, sold calls short that always expired worthless. But I have maintained a long position to one degree or another for more than two years. I am a firm believer. Years ago, I did some work for a marine outfit that used the product (I worked in the office), and all the sailor types liked it. It met the company's needs very well. I've heard about some big cattle ranches out west using it, and I know a woman in South Africa who worked for a wildlife research outfit that used it. Current price seems to be part a long term bottom formation. The PE and PS are very reasonable. I am surprised they are so low. I would clearly recommend this stock as a long term investment. The day it starts moving, it will move and continue to move for years to come.

[G. Falcone]

I've been back and forth here, at least watching, for 2 or 3 years now. I just want a good spot for a long position because this company has promise.

[payperview]

I have no idea. We had a short lived reversal to the downward trend in November. The uptrend today appears to be a bounce from an established bottom. It seems that there is a substantial number of investors that consider current prices an entry point. We will not know if the market is starting to change its perception of the company until some time next month and if and only if the price moves clearly above six dollars. Today's move may be due to some bits of information that have filtered out, but we have no access to that information.

Many years ago I worked for one company that all of the sudden went into an upswing. As it turned out, we, the employees, were aware of certain internals, and without knowing any of the details, due to the level of activity, et cetera, we could tell that something was going right. Next things the stock price was going up as we, our friends and relatives started buying, and then friends or friends, et cetera. By the time the news came out, the stock had gone way up high. Hopefully, today's price movement is a sign of the same.

[G. Falcone]

Are we past the annual Q3 low?

[payperview]

It absolutely makes no sense. It has a negative momentum. Every little thing is an issue with it. Positive news just barely has a good impact on the price, and negative news or just neutral news has a negative impact on the stock price. This kind of negativity towards a stock can go on for a long time, years, in some cases. I bought my first shares a while back and since then I have added by selling short puts that were exercised. I should have waited a couple of years, but back the it looked prime for a turn around. I guess, I will just hold for now. A turn around has to be in the offing. I have missed some major moves in the past by selling just ahead of the change in momentum. With this one I am just going to hold. Once a change in direction takes place and the attitude towards the stock changes, it will move big time.

I had an acquaintance years ago that held a stock for nearly five years, then sold out of desperation. If he had held a few months longer, he would have experienced one of the biggest runs ever. Five years later, before it was taken over, it was selling for well over a hundred.

And, of course, we can look at charts and see how many times it has happened in the past--thousands of time. I guess I just sit on this one, and wait for the turn around.

[Havanaclub]

What is going on with this stock? Senseless go IRDM

[WallStreetMyWay]

Finally, IRDM's earns impressive operating margins... and they should continue to expand!!

[WallStreetMyWay]

Id have to expect there will be massive demand for this ground breaking technology!!

[WallStreetMyWay]

Cutbacks in government spending could hurt IRDM's revenue potential if certain government/military projects get cut!!

[WallStreetMyWay]

Iridium Communications Inc. (IRDM)

[G. Falcone]

Lots of debt. But the company is extremely promising. Personally I will wait for the next wave but I want in at a price I can hold long term.

[4everndAday]

Any new beat on this stock? 2013 seems to be the year of mergers... I have no lead on something like this, by reading the 4th quarter report sounds like alot of alignment has to happen for IRDM to pull threw... Any thoughts?

[G. Falcone]

Nearing year low.

[56Chevy]

Iridium Announces Planned Exchange Offer for $7.00 Warrants

Date : 09/28/2012 @ 8:05AM
Source : GlobeNewswire Inc.
Stock : Iridium Communications - Warrants 02/14/2013 (MM) (IRDMW)
Quote : $1.25 0.02 (1.63%) @ 3:12PM

Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced its intention to conduct an offer to exchange its outstanding $7.00 warrants for Iridium common stock. The Company plans to offer holders of its $7.00 warrants one share of common stock for every six warrants tendered (equivalent to approximately 0.1667 shares for every warrant tendered). Iridium expects to commence the exchange offer as early as October 1, 2012.

[....]

http://ih.advfn.com/p.php?pid=nmona&article=54338874

* I do not own IRDM. Tracking purposes on warrants only.

[payperview]

Doesn't make any sense to me. Either there are some thing I do not know or the sellers think there is something going on that is negative. I am sitting on it. This company should have a bright future.

however, if they needed to raise some cash, it would have been better if they just sold some stock outright. Maybe investors do not like the convoluted way of taking care of financials. I don't either, but I do not see it as being detrimental eventhough I do not like the deal from the stand point of the retail investor that was already in the stock.

[G. Falcone]

Why was this downgraded?

[payperview]

Future is bright.

[G. Falcone]

Gives Greenhill another chance to dump

[G. Falcone]

It's out this AM

[Penny Roger$]

Cool, I keep seeing earnings coming. Could be today.

[G. Falcone]

Should be good news as well.

[Penny Roger$]

~ Thursday! $IRDM ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $IRDM ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=IRDM&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=IRDM&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=IRDM
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=IRDM#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=IRDM+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=IRDM
Finviz: http://finviz.com/quote.ashx?t=IRDM
~ BusyStock: http://busystock.com/i.php?s=IRDM&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=IRDM >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[payperview]

I am. I invested long term here. No plans to go anywhere, and if it backs off again, I may buy some more.

[G. Falcone]

Hold it. It will probably get better

[payperview]

I bought into this a few weeks back and I am happy with my purchase.

[G. Falcone]

IRDM High of day $7.75 up 1.42 (22%)

[G. Falcone]

Has anyone caught on to IRDM yet...

[G. Falcone]

IRDM Posts Record Total Revenue and Operational EBITDA.

Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported strong financial results for the third quarter of 2011 and raised its outlook for the full-year 2011. Net income was $11.3 million, or $0.15 per diluted share, for the third quarter of 2011, as compared to $10.7 million, or $0.14 per diluted share for the third quarter of 2010. Operational EBITDA ("OEBITDA")(1) for the third quarter was $54.6 million, as compared to $47.1 million for the prior-year period, representing year-over-year growth of 16 percent and an OEBITDA margin(1) of 53 percent. OEBITDA for the first nine months of 2011 was $146.1 million, as compared to $116.9 million for the prior-year nine-month period, representing year-over-year growth of 25 percent. OEBITDA benefited from solid growth in commercial service and government service revenue.

[G. Falcone]

Greenhill & Co. # of shares left to be sold: 7,448,387


Nov 3: 15,000 shares sold
Nov 4: 15,000 shares sold

[G. Falcone]

Earnings coming on November 8th.

[G. Falcone]

Anything around 7 cents

[payperview]

I am surprised that there is no more posting here. It seems that most of the posting in IHUB is in the pinks that turn out to be scams or badly run enterprises, as posters are always arguing with each other.

But that is not the case here. IRDM seems to be a well run company with a bright future, and I was thinking to invest in it. Too bad one cannot get some insights here.

[trackkwizzard]

Looking for entry as well.

Jan 27th, 2011

http://www.defenseindustrydaily.com/Iridium-NEXT-Boosting-Data-Speeds-Improving-DoD-Space-Awareness-06161/