Bookkeeping: Closing GeoEye (GEOY) - Trader Mark

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Bookkeeping: Closing GeoEye (GEOY)
Sep 15, 2009 06:15 PM UTC

Trader Mark

Return	Risk
-7.00%	MID

Analyst

Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
GEOY	n/a

Via Fund my Mutual Fund:

Reasoning: Complete and utter boredom in regard to the stock's performance for weeks on end.

Reasoning 2: While the stock has not done anything bad, it certainly has done almost nothing good either in these past 2 months while the market rallies endlessly. Underachiever. There are countless companies losing money hand over fist, up 50% in this time frame and I would have been far better served buying one of those. Why I bother with profitable, growing companies is a mystery to me.

Taking our 0.5% stake in GeoEye (GEOY) and securing a minor 4% gain. If past is precedent, the stock should begin an epic rally beginning tomorrow. A close over $26.50 should bring in buyers...

[Aug 10, 2009: GeoEye Beats Expectations on Bottom Line, Slight Miss on Top]
[May 13, 2009: Starting GeoEye on; Should Benefit from DigitalGlobe IPO]

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