InvestorsHub Logo
Followers 218
Posts 41750
Boards Moderated 4
Alias Born 01/25/2008

Re: velvet172 post# 528

Saturday, 10/16/2010 8:10:10 AM

Saturday, October 16, 2010 8:10:10 AM

Post# of 14551
It looks to me like they scared the crap out of people by mentionin' the possibilities of a Chapter 11 filing,droppin' the price to below .20 ------- Since then they've found a way around it,and the pps has been on the rise.......I know the debt is heavy,but so are the guys involved.Real money tied up in this,hedge fund cats are not doin' this for practice --- Chio on the chart rises everytime they drop the pps ( MM's,traders buyin' the dips )........ The satellite is the largest of it's kind.The affiliation with AT&T is a big deal.The new phones are another revenue source..... I would also think these guys are workin' daily at improvin' the bottom line.They'll restructure the debt,without shootin' themselves (they have alot invested,as do their affiliates ) in the foot--------- Gotta get to $1.00 on the bid for 10 consecutive days by the end of November or they'll lose their spot on the NASDAQ -------------- Do not think they'll let that happen ....... Since we broke through ( under ) the boillinger band at .42,the boillinger band comin' up ( at .30 now) to meet the 50 DMA at .35,is our buddy ----------- I'm expectin' ( I posted earlier in the week that they might do this )a test of the 50 DMA....... Chart is shapin' up nicely actually.Boillies are gettin' closer to each other,and looks like the merging of the 50 DMA and the bottom boillie will be the start of our next upward bounce ------ Should have a good week in front of us------- Let them finish shakin' this,and we'll be on our way back up >>>>>>>>>>>>>>>>>>>>>>>>> Be cool

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.