alt Hacker NewsI can't believe I bought a few shares of IRDM with a few hundred bucks in my trading account. Primarily because it was a RKLB adjacent company with decent fundamentals whos stock price wasn't scraping the sky.
I don't know how to feel about this acquisition though. Never thought IRDM would've been a bad investment.
The market can't be timed (by honest players), as I remember buying into Ubiquiti Networks at around $12/share thinking I might see a 8% bump after the old legal event subsided. Then just sort of forgot about that tax-sheltered holding for a few years. I also don't do the 3 month portfolio shuffle dance 95% of stock investment people try to ride.
The heavy cost of putting stuff in space is still not solved, but broadband and space-LTE service businesses are proven cash flows. They just have to mimic the profitable parts of Starlink. =3
https://www.fool.com/investing/2026/06/29/rocket-lab-is-set-...