Large Boeing Satellite Suddenly Explodes Into Pieces

shoulderoforion@fedia.io to Technology@lemmy.world – 611 points –
Large Boeing Satellite Suddenly Explodes Into Pieces
futurism.com

A satellite belonging to multinational service provider Intelsat mysteriously broke up in geostationary orbit over the weekend.

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I'm not really into the stock market, but I would not buy Boeing at the moment.

Now would be the best time to do it

Assuming it bounces back up

If it doesn't do it on its own, one of 2 things will happen:

  1. They get bought out, which almost always results in a bump.
  2. The government bails them out, which is an even bigger bump.

Unless it's a dead cat moment :)

I don't think government will let the company fold. The stock will go up not in the short term but over 10-15 years it will surely fly.

Having said than enron is still in the back of the mind.

I dunno, I think they could still surprise us with new ways to fuck up.