Why Did SPDV Just Jump 75%?

01/08/04 00:00:00    

By Michael Mealling

While doing my usual morning stock price check I noticed that SpaceDev (OTCBB: SPDV) has shot up 75% to $1.78/share. In the interest of full disclosure, I own a few shares. I'm just curious if there's something up that I'm not aware of.

Update: SPAB is up 81% to $3.05. It appears that nearly all space related stocks are up on the administrations pre-announcement.

Update: (Reuters) U.S. space stocks take off on Bush lunar, Mars plan