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assortednuggets

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assortednuggets

Re: None

Monday, 04/30/2018 5:19:14 PM

Monday, April 30, 2018 5:19:14 PM

Post# of 990
motleyfool are we overvalued? What will tomorrow's news bring....?

"the value of Intelsat stock has gained nearly $100 million in response to today's press release. But that seems a bit rich given that, according to a report on AviationToday.com, the entire value of the contract awarded to prime contractor Leidos is only $117 million, money that will be shared among the several members of Leidos's team -- not just Intelsat.

It seems to me to today's reaction is a bit of an overreaction. At some point, the momentum on this stock has to break"
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