GeoEye, Inc. (NASDAQ:GEOY)

Apparently, GEOY is in consolidation. People say this is healthy for a stock, sure... easy to say if you are not holding the stock. It feels like I am in stock market pergetory. This experience has taught me the importance of detachment, which is no doubt a good thing.

On a different subject, something happened yesterday that I can't explain and I think it means something, but I'm not quite sure what that is. Yesterday in after hours, someone bought about 20k shares of GEOY for $23.08, that is significantly higher than the closing price of $22.18. My question is, why in the world would anybody do that? I figure it was either someone who did not care what they paid for it or it was bought by someone who had no clue as to what he/she was doing.

http://www.blogger.com/blogger.g?blogID=4664172428043284086#editor/target=post;postID=5016047916334144192

Big Contract in Russia - plus I believe it has the decline from the defense dept. built into the price now. More upside with little downside risk. I'm in.

Satellite mapping has a bright future, and GEOY has been slammed by fears of a tight federal budget cutting into revenues.
As the recent contract with Russia shows, there are a lot more customers out there than the US government. Also, no matter how dire finances get in DC, the intelligence agencies will get funding.

Imagery and GIS growth.

with republicans taking back white house!

The skies are the next frontier - Geoeye is at the forefront.

Good growth and earnings.

All the crase is about Space on teh globe. More and more businesses are focusing on GPS technology. Geoeye and DigitalGlobe are two strong picks for global mapping and just closed large deals

Duopoly. Large government contracts for the industry are pending. New satellites in development.

outfperform

I bought this in CAPS several months ago when there was a story on NPR. The stock was too new for many of my valuations to work well, so this was primarily a gut call. A number of stories in Seeking Alpha and elsewhere bolstered the idea. I haven't found a reason to bail yet, so I have chosen to stick with this for a while longer.

It continues to bounce around, but the general direction is up. Look for the next couple quarters to put more clarity into the earnings picture. The more people understand about where the money is coming from, the higher the stock will go.

Well placed as the main tech company who can work with multiple sources. I think that will come into play as GPS ages, but overall I think this is a market with room for growth.

This will play a vital role in the developement of new geothermal energy, mining, war. Very difficult for competition to enter the market AND become a leader.

An awesome sci-fi company. I am honestly scared about what the technology and the company can do. But times will change and space will no longer be foreign. This company is very well equipped to contribute to satellite imaging that will be important for government and commercial reasons. If you guys ever read the book "The Next 100 years", space is very important to future politics and warfare because it lifts fog of war. At this price, near its 52 week low, is a good buy for the short term as well as long.

With their new satellite taking pictures, and their closest competitors years behind in upgrades, the revenue stream is still yet to be realized.

Clear leader in an emerging market.

Provides needed and valuable service of satellite images. Is starting to get notice and positive opinions.

Hey smax, this isn't a soapbox. You wrote a whole paragraph slagging the US, but didn't say anything about this stock.
1) you're an idiot...the current global situation is a result of financial systems around the world (including yours) buying up lots of America's bad debt in an effort to make quick $$. You bought into it, now it's your problem, too. Do your homework before you start spouting about something you obviously are clueless about.
2) It's quite amusing that you gave this American company a thumbs up after blathering on about boycotting the US. And good luck with all that...

3) More importantly, I agree with my fellow fools and all the reasons they have listed here for this stock to outperform! Fundamentally, it looks good and seems to be a bit undervalued at the moment.