Astrotech Corp. (ASTC): I assume that I will not be alone buying...

Reply Private New

Replies (1) Next 10 Prev Next

Send PM Follow Ignore

Followers	86
Posts	25803
Boards Moderated	0
Alias Born	09/15/2003

TechKim

Re: IIIverson post# 1862

Friday, 02/14/2014 11:33:23 PM

Friday, February 14, 2014 11:33:23 PM

I assume that I will not be alone buying Monday/Tuesday! A light quarter with a one time charge, that truly gives little reason for a sell off? Unless these simple eyes missed something. The bottom line had reason to be off. Business did not extinguish, but only delayed.

""Our core satellite processing business, Astrotech Space Operations, experienced an uncharacteristically slow second quarter due to a very light launch schedule and a mission slip," said Thomas B. Pickens III, Chairman and CEO of Astrotech. "On a positive note, our 18-month rolling backlog at ASO remains healthy and we are excited about the prospects at 1st Detect now that we have signed our first significant commercial agreement with RIGAKU, a world recognized leader in chemical analysis instrumentation."
http://finance.yahoo.com/news/astrotech-reports-second-quarter-2014-210000447.html

Does anyone in their right mind believe business is going to stay uncharacteristically slow?

1/2 cent Vancouver penny mooching pirates!