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[BuffaloBull]

I will tell you right now that I’m more of a swing trader, and it looks like this stock may be about to pop, but in case I’m wrong set your stops. I primarily choose this stock based on technical charting analysis and then from a list I narrowed it down to this on fundamentals of a long list I had to choose from. I strongly urge you to get more in depth if you plan to buy. These companies are neither shining stars nor dogs as of right now.

GEOY- GEOEYE INC COM- Satellite imagery mapping- Medium holding time

Yahoo finance Summary-
GeoEye, Inc., together with its subsidiaries, provides imagery and imagery information products and solutions to the U.S. government, including the national security community, and international customers and North American commercial customers. The company develops IT infrastructure for capturing, receiving, processing, and distributing high and low resolution imagery, imagery information products, and image processing services. It offers GeoEye-1, a high-resolution commercial imaging satellite that enables customers to map, measure, and monitor the earth for various applications, including defense and intelligence, on-line and precision mapping, infrastructure planning and monitoring, and environmental monitoring.

Fundamentals-
EPS- 1.30
P/E- 17.9
SHARES- 18.6 million
CASH- 93 million
Total Assets- 801 million
Total Liabilities-570 million
Price to book- 1.79
Compared to Industry- Industry Browser - Technology - Diversified Communication Services Industry - Company List

Charting-Technical
It looks like the price may be bottoming out to a support level. The main reason for the recent crash in the price was based on investor fear after the company announced that there was a glitch in their newest satellite. However the cost to fix was much smaller than thought. So I expect it to rebound. If its up on Tuesday then the 4 day and 9 day moving average will cross. GEOY also launched a new satellite that is supposedly the best in the industry right now. They only have one competitor DGI that I know of.
Here is a cool video to watch - http://www.marketwatch.com/video/ass...7D?siteid=yhoo

Etrade Chart- http://img32.imageshack.us/img32/8194/geoyetrade.jpg
Buying Strategy- I wouldn’t buy over 22.95 unless it develops a trend over the coming week. If it is down on Tuesday May 26 I would bottom fish at 21.75. Your own buying strategy may be more appropriate.
Estimated Buying window- 5/26/09-5/28/09

Sell- 25.80 conservative, 27.99 hopeful or higher

Warnings- SET YOUR STOP LOSS
- Other than that I don’t know, it’s a new industry, it could be huge.
- Their biggest contracts are from Google and the military

[chuckd]

I think that the recent IPO of DGI affected them as well.

[BuffaloBull]

Ya I'm sure. Right now DGI have twice the earnings it seems. But with the new satellite GEOY could be a good play. The higher resolution pics would probably make them more attractive to contracts with the US gov and maybe google. But who knows. It's a brand new industry altogether. GEOY has way less shares though, only 18.6 million. If they make only 50 million in NI from Government contracts and google the stock price would double. 50/18.6*17=45.69. I have no idea what the market potential is for this industry though.

[BuffaloBull]

Here is an awesome article for anybody invested in them right now. I actually just stumbled upon this, and recognized hey I recommended that stock:)

Google’s Super Satellite Captures First Image | Wired Science | Wired.com