Who do you think will be the next POTUS?
The Mouth? Double down.
TrusTED? NOC will go up.
Clinton? NOC will go sideway or slightly up.
Bernie? Sell your stocks, sell your house, move the cash to buy Chinese real estate. Enjoy welfare.
I expected the same behavior as GD too. But notice how "they" ramped NOC right up to the conference call. From $200.50 to $205+ in a few minutes. Now, I'm thinking institutions are waiting until after the FOMC announcement uncertainty to make large buys...
Mid - better keep that to yourself or the entitlement sucker "iraplanna" will be show up on your doorstep looking for a handout.
You're an idiot...it is the nature of DEFENSE contractors like this to be paid by the government. IDIOT.
We have a very large position of NOC in our family trust. Have held it for more years than I can count...got some originally when my dad worked there years and years ago...and then when my grandfather dies 20+ years ago, all his sizeable holdings were inherited. Honestly, I keep looking for a reason to sell NOC, and I just cant' find one. With the world so crazy and getting crazier, defense will keep performing for decades to come. Given the growth coming for NOC, I think that a $300 price target in 18 to 24 months is reasonable. I expect that the dividend will be increased very soon and maybe a 3 for 2 split. The HII spinoff has gone very well, too. What a great performer this has been and will continue to be.
No, we have debt because the politicians cannot just spend what they take in...they have to spend more and more and more. That's why a balanced budget Amendment would be a great thing.
I did not mean we were down 2% today, my point was that at the open price was 208.99 (high of the day) and almost immediately went down to 203-204... so that's about 5$ or 2%+....Look at GD.. 2% up. I expected similar action for NOC as both delivered solid ER today. Anyway let's what happens... I'm long.. just weird action at the open!
It hasn't been down "more than 2%" today. Anyhow, yes, the low volume at the open was strange. It was a good earnings report, so I have to think that large buyers are waiting for both the Conference Call and the FOMC meeting results this afternoon before buying.
We'll see, someone probably knows something ... it's weird because there was almost no volume for this price to move down more than 2%!
2,900+ dead in WTC on GWB's watch.
4,500+ GI's dead in Middle East on GWB's watch.
!,500 more or less, probably more, dead from Hurricane Katrina.
GWB wins your death count contest.
Reading_tee_leaves is right, you must be one of those low info voters Lush Dimbulb loves to mention among his ditto head listeners.
Don't forget the war on poverty. Its cost has been $200-$300 billion a year for fifty years and has been deemed even by many as a well intentioned failure.