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Just as there are no sure winners in the stock market, there are no sure losers. But I can tell you something that’s close. If you want excellent odds of losing your money, invest in a stock selling for 100 times revenue or more. Each year from 2000 through 2006,
Astra, the company that went public with help from Craig McCaw, had a high-flying day on Wall Street after recording its first successful orbital launch.
Astra Space is asking the Federal Communications Commission for authorization to provide broadband internet service via as many as 13,620 satellites.
Is It Too Late to Buy Pendrell (PCOA) Stock? Cedar Creek Partners recently released its Q1 2021 Investor Letter, a copy of which you can download here. The fund posted a return of 19.7% in the first quarter of 2021, outperforming its benchmark, the S&P 500 which returned 6.3% in the same period. You should check out Cedar Creek Partners’ top 5 stock picks for investors to buy right now, which could be the biggest winners of this year. In the Q1 2021 Investor Letter, the fund highlighted a few stocks and Pendrell Corp (NYSE:PCOA) is one of them. Pendrell Corp (NYSE:PCOA) is engaged in the bu...
Astra’s Rocket 3.1 blasts off from the company’s launch complex in Alaska. (Astra Photo) Back in the 1990s, cellular telecom pioneer Craig McCaw bought into a vision of ubiquitous wireless service via a constellation of satellites, with an assist from Microsoft co-founder Bill Gates. Almost a quarter-century later, McCaw’s Teledesic venture is long-dead, but the dream lives on — thanks to the impending merger of McCaw’s Holicity “blank check” company and Astra, one of the rising stars of the satellite launch industry. The deal — which takes advantage of the trend toward using ...