geoy

[Scout]

I've searched this thread and see no commentary on geoeye (geoy). Who likes this stock and would you buy now?

 

[al_bundy]

nice numbers

and thanks for the idea, i've been trying to think of something tech that is going to be a big thing in the next tech cycle

 

[Hal3]

There was a burst of insider buying at around 15. That's good.
Fidelity funds are a big holder. That is good.
Price/book is 1.6. No red flag there.
Customer is DOD. Way good.
PE 50-ish Way pricey.
On-balance volume index 190. The party has already started.
Big news on Feb 20 about a successful satellite launch.

My opinion is:
It's a buy around 15 if you are in a buying way.
Wait until the gloss of the recent launch wears off and the the excess of buyers passes.

It looks like they may report a loss Q1 2009.
That may be a buying opportunity.

This only applies if we do not have a 1929 style crash and lose 80% more or less across the board. Very few stocks will do well in that environment.

Disclosure: I know nothing. I am already down 10% on my Feb purchases.

 

[sindy9001]

Really? I don't know much about it, but I can learn some thing from here. Thank you.

 

[Hal3]

Kind of trending down even in an up market

Kind of trending down even in an up market. Put in your buy at 15.05 if you are keen to own this now. You may pick up your shares on the next big down day.

See disclosure above. I know nothing.