Looks like hysteria has set in.
I posted on this stock a few months ago and said that the share price will only really move when the satellites are launched and in effect this is when the revenue kicks in.
Contracts today are not revenue. If the satellites dont take off - literally, then the contracts are worth nothing.
This is a spec stock only at this point and looks like there are a lot of short term traders only.
You need to sit in this stock for at east 18 months to make anything decent otherwise all are at the mercy of AB as any are finding out!
Think of the upside. Better to buy tomorrow at .47 then last week at .77!!
Looks like hysteria has set in.I posted on this stock a few...
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