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Maxar Technologies Inc. MAXR


Primary Symbol: T.MAXR

Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data, and analytics. Its operating segments include Earth Intelligence and Space Infrastructure.


TSX:MAXR - Post by User

Post by Optimisticon Feb 28, 2019 5:50pm
200 Views
Post# 29425719

52-week low of US$4.77 may be tested

52-week low of US$4.77 may be testedI guess the share price will test the 52-week low of US$4.77 tomorrow. That's a 35% drop, possibly right on opening. Everyone knows Maxar does these huge drops right on opening. No chance to get out. Probably 10 - 20 million shares will trade tomorrow. A 60% decrease brings us down to US$2.92 on today's close. It looks like instead of US$8 tomorrow, we are looking at US$3. The only hope now is if a big buyer steps in to pick up some cheap shares. It even appears that Maxar does not want to buy back some of their own shares. It's anyone's guess as to how low this stock will go. At less than US$5, I'm simply not going to sell. I'm an investor now for sure.
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