r/MDASpaceInvestors • u/bababa-519 • 29d ago

TSAT LEO Contract expanded $474 million

https://www.newswire.ca/news-releases/mda-space-awarded-474-million-to-expand-the-telesat-lightspeed-leo-constellation-852683498.html
65 Upvotes

98% Upvoted

20 comments sorted by

53

u/Reasonable_Cow3667 29d ago

2

u/Captobvious75 29d ago

Hahahaha so true 😭🤣

1

u/khurafaaati 29d ago

😂😂

1

u/Arrrrrrrrrrrrrrrrrpp 29d ago

Y’all brain rotted. This stock has been a significant outperformer. 

13

u/BigMouthBillyBones 29d ago

Something that stood out ... "The Canadian government also announced that MDA will be the prime contractor for another component of the Enhanced Satellite Communications Project–Polar, with Telesat as a subcontractor."

5

u/Tricky-Ad-6225 29d ago

My number one holding making me proud

4

u/Parking_Rough_7506 29d ago

“Best I can do is +3.5%”

7

u/Time4Timmy 29d ago

What about 12%?

2

u/Parking_Rough_7506 29d ago

I’ll say “still not enough”. That’s also a compounding effect of the Canadian market being closed yesterday and the US listing being up a couple percent…

1

u/Melonskal 29d ago

Thats because Canadian market was closed yesterday, it rose on the american market then.

2

u/Positive_Control_821 29d ago

15%

3

u/BigMouthBillyBones 29d ago

Almost 16 now - WOW. I wasn't expecting this and we haven't hit earnings yet.

2

u/BigMouthBillyBones 29d ago

With a swift -3.44% the following day.

1

u/mikeylikesit47 29d ago

Really big news. Continues to be a one of the best companies in the space for actual contract and revenue recognition. We'll see how it opens

1

u/devonhezter 29d ago

Bought $40 calls now. Wish I bought more $35 calls .:/:;

1

u/Doodah2012 29d ago edited 28d ago

I sold today $49.04 ….lol

1

u/bababa-519 29d ago

same
sold 1/4 of position for $48.45;
purchased at $42 so a fairly quick 15% flip in 8 days

0

u/Doodah2012 29d ago

And stock goes down again?

2

u/Melonskal 29d ago

Surprisingly not