Maxar Technologies (MAXR) reported its Q3 on Thursday 5th November. Whereupon the stock promptly executed a nosedive. We publish our earnings review for Simplex Pro subscribers here. (Full Duplex Pro subscribers enjoy real-time earnings reactions in our dedicated Slack channel ahead of our published notes).If you're not yet a Cestrian Pro subscriber, you can learn more
We have a number of notes coming your way soon if you're a Cestrian Pro subscriber. Watch out for update notes on Aerojet Rocketdyne (AJRD) and Virgin Galactic (SPCE). We touch on these topics below. We also have new-name coverage of Maxar Technologies coming to our Pro service soon.
Swinging For The Fences
We were asked recently by a subscriber to explain how we thought about short vs. long term hold periods for the space stocks we cover. Here's the question:
"[I] understand the importance of keeping a tight grip on buy/sell range for trading profits, but given the space industry should be at the dawn of something big, at what point (and which companies) do we look to 'buy and hold' with a long term price target to take advantage of potential 'multi-baggers' over time… thanks!"
Like all the best questions we get in our real-time services, this one was simple but caused us to sit back and consider our answer carefully. So, here goes.