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C-Com Satellite Systems Inc. (CMI.V)
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This underfollowed stock just had very important news and the price is lower now than before.
There can be such weird misevaluations in the market sometimes, and this is a classic example.
I have been waiting for over two years for them to announce a successful hookup between a low orbiting satellite and their electronically steered antenna and finally it has happened.
What does this mean? Well, as Space X and Blue Horizon(Musk and Bezos respectively) fight for dominance in the LOE space to supply 5G internet to every corner of the world the 'missing link' has been antenna technology that has lagged behind. Star Link, Tesla's first foray into the commercial supply of internet has not gone well partially because of their antenna technology, and thus the door is open for small companies like CCOM to take a bite of that market.
Personally I think with their background in antenna technology and this multi year effort to develop an electronically steered antenna(the antenna doesn't move, only the beam aimed at the moving satellite does) is finally about to pay off.
It's clear that the stock has no following yet so if you like this space this is an already profitable company that pays a small dividend that has a blue sky tech that I think gets them bought in the next year or two at a price that is a multiple of that of today.
I am jumping on board this week..we should have a summary of the presentation they did last week
any one know what type of companies does cmi mainly work with? I would think that with the defense sector booming, this would be flying but clearly not the case..
This is an interesting jump for CMI. I wonder what it is.. Anyone know when earnings are to be released?
If special satellite dishes are installed on each residence and business 5G will work for everybody. Towers will not work unless they're placed every 1/8 mile squared.
Very disturbing that the website is not working very well. Is this outfit still in business?
anyone know if this stock offers drip?
volume way over average today
looks like it'll be a buying opp this morning
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