04-05-2021, 01:08 PM
(02-25-2021, 10:25 AM)fenders53 Wrote:(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?I haven't researched it. Hadn't heard of it until you and Otter were discussing it last week. I am trying to not add too many more new names. We'll see how long that lasts.
What I need is for tech to get hammered for real again, but this market is resilient.
Very small trades this morning. Added a few shares to DG-ARKF Sold a few SLV puts.
(04-05-2021, 01:01 PM)crimsonghost747 Wrote: I initiated a small position in NSH.
Super small, super risky. But I like space stuff. And these guys do have potential.
It's a SPAC (yes, dodgy!) that will merge with Spire Global. Basically it goes like this. They build small satellites (cubesats) and create a satellite constellation out of those to gather data. Currently data like ship/flight tracking, weather related stuff etc. They then analyze, package and sell this data.
What I like?
First of all, this is more of a software play than a true aerospace play.
The main idea is indeed selling data that they gather and analyze to long-term customers. If this does take off properly, I see a lot of recurring revenue from long-term contracts. There is a lot of potential here, and while it is a SPAC it's not a zero revenue concept company, they actually have around 100 satellites up there already and there is already some revenue coming in. It's not much revenue, but it's something.
That does sound really neat and I'm looking at its 3 month chart and it looks like the PERFECT time to get in on it.