I've followed this thread for awhile and I follow ALOT of stocks . IMHO plfm is a pretty good bargain. That is why I purchased some. Regardless of what big eye says, here is what I see:
The technology that plfm is using maybe older or previously available, however, it is FAR more cost effective. This doesn't mean to say that they are going to be able to 'out do' all of the satelite companies or the other companies that put a satelite into orbit. Unless 'the' meteor shower does come and knock out a bunch of the existing equipment. Then, the stock is a goldmine.
The fact is, that if their technology is cheaper than holding backup space on another satelite, they are going to be the backup. This may not make them a 'front row' company, but if it makes me money, who cares? It also means, that they could be the delivery system of choice for ALOT of countries that don't want the associated expense of launching/maintaining space on existing satelites.
There are other benefits that I wont get into right now, I just don't want to bore people with my analysis...
I just wanted to say that, as an investor, I feel comfortable with the direction and the products offered by PLFM. (I don't work for them either Big Eye... I work for an insurance company, so I am used to managing risk..)
Besides all that what type of 'downside' does a stock like this have? I can lose say, $1000 bucks? I lose that everytime AT&T burps!
Andy |
