It's too bad that your emotions are getting the better of you. Why do I say that? Because you are a Mechanical Engineer and should have a far better understanding of what Orbital's technology has to offer compared to HPDI. Yes, you have been positive on Orbital's technology and that is what I think you need to focus on. The marketing of this technology is a far different story. We live in a time where giants need to merge interests to compete in a very dynamic market place that has less to do on what they sell but more on ancillary issues outside their core expertise. This is a huge challenge when the game is played on a global scale. To measure the success by the stock price alone is very short sighted and can prevent you from seeing or even participating in a financially rewarding venture.
The successful marketing of 4S OCP is very strategic for effecting appreciation of the stock. That is the conventional thinking among us all. However, most often what is generally accepted does not necessarily materialize. This is why I wouldn't fixate on the DCX deal. If DFI is the next step in the evolution of the automotive engine as we know it today, OCP will be leading the pack. I have no doubt. But the launching of Orbital's stock could very well take additional time if current market conditions prevail. There are numerous stocks out there that deserve their shares to be posted higher, but they are not.
I point you to Novell, another of my stocks that should reward its shareholders as much as I envision for Orbital. This stock is at 17 dollars, it use to trade near 30. The company has over a billion dollars in the bank, yes $US 1,000,000,000 and no debt on the balance sheet. And what is ironic is that they spend tons of money on PR and everyday there is news about the successes and industry accolades of its product line. So what does the stock do, it is on vacation while shares of Amazon.com, a company that has no earnings and has a negative net worth when you subtract out those over valued intangible assets, trades at $286 per share. At that price the company has a negative 289 PE. It just doesn't make sense.
So keep a cool head and try to understand the position Ms. Saling is in trying to explain to frustrated shareholders why with all the progress orbital has made, the stock is trading at zero or even negative premium to its future earnings potential. I wouldn't want to be in her shoes! |
