One thing to look for to make money is a single failure...unless its with pharmacutical's...I hate Rx companies...they take forever to recover...
But take a look at BP...its PPS dropped to $28 each...Look at it now!
News can make or break a stock value...at least for a day or so...
One recent stock that had a "bad day", ORBITAL SCIENCES CORP, (ORM) dropped 1.50 almost immediately after the news...but, will come back up after the news gets old...because they still make stuff happen!
DULLES, Va.--(BUSINESS WIRE)-- Orbital Sciences Corporation (NYSE:ORB - News) today announced that the launch of its Taurus XL rocket, which lifted off earlier today at 2:09 a.m. (PST), from Vandenberg Air Force Base in California carrying the company-built Glory satellite for NASA, was unsuccessful.
Preliminary indications are that the rocket’s payload fairing, a clamshell mechanism that encases the satellite as it travels through the atmosphere, failed to separate from the rocket. The previous time a Taurus XL rocket was launched was in 2009 for NASA’s Orbiting Carbon Observatory (OCO) mission. That launch also resulted in a failure due to a fairing separation problem. Since that time Orbital redesigned and tested the fairing separation system.
Orbital will immediately convene a failure investigation board that will include representative from the company and NASA to determine the cause of today’s launch failure. Orbital believes that it is likely that sufficient data was gathered to be able to determine the cause of the fairing separation failure
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