I just want to throw in my two cents to say that I couldn't disagree more. I respect your opinion, but I just don't agree. I think that there are a lot of exciting things happening, or are about to happen with LOR. Those have been adequately voiced by Valueman. The fall in price is attributable to "Chinagate" and/or anticipation over the Zenit. Chinagate is a lot of hot air, and it will pass. The Zenit launches are worthy of concern, and in the worst case, there will be short term pain. Given the worst case Zenit failure, however, there is a credible backup that will have G* up and running with minimal schedule impact. So, I personally don't worry about the possible share price impacts, and others shouldn't either if they are in for the long haul.
Iridium (price weakness) is another matter. I personally don't see a connection in the two prices slipping.
Maybe I'm wrong about that, but it happens to be my opinion. I will get flamed for saying this, but if I was a I* share holder, I'd be concerned. They are what 7 weeks away from their moment in the sun. There stock should be soaring. Maybe their problems are more perceived than real, but the apparent perception does not reflect a lot of confidence. A year from now we will have a much better picture, of coarse, but that is part of what makes investing so exciting!
Kind Regards,
Mr A
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