WRR 0.00% 16.0¢ world reach limited

Iridium beats estimates, page-4

  1. 642 Posts.
    lightbulb Created with Sketch. 45
    I agree Poptop. A PE of only 4 seems a bit ridiculous. This seems like a good company to me, a quiet achiever that makes a profit and is in a good sector. Over $1mil of cash inflows last quarter alone, $2.4mil cash in the bank, and yet the market cap is less than $10mil. Definitely good buying at these levels. I'm guessing that a lot of buyers are on the sidelines waiting for the graph to turn. Once it does, I expect a return to the 40-50c level reasonably quickly.
 
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