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IRDM IRDMW

|Includes:Iridium Communications Inc (IRDM)

In November, I commented on an article that said that Iridium (NASDAQ:IRDM) was a good buy. The article can be seen here.  http://seekingalpha.com/article/171463-whitney-tilson-the-housing-market-is-still-in-trouble?source=commenter 

It appears as if I was right.  The company put out weak 2010 guidance today and the stock has been hammered.  The warrants - IRDMW - were a great short at $3.50-$4.00 in November. 

Stocks: IRDM