So people are now starting to post nervousness about withdrawing from Iraq.
Folks- whether or not we stay in Iraq for twenty years or two months doesn't have a whole lot to do with where we are right now with CRDN.
The Army has said it plans to equip every single soldier with body armor, and than means a million sets. Plus replacements when they wear out. And they've begun to let contracts in that direction, and ramp up production everywhere. And regardless of whether or not any particular action (Iraq, Iran, North Korean, etc) takes place or continues, the standard equipment of the U.S. Solider has changed. That means they will get body armor as standard for years, and years, and years to come. PLus, vehcile armor for years, and years, and years to come.
And CRDN provides a lot of that, and with the ESK purchase, also provides other companies with the base materials to make ceramic armor. So there is no- repeat no- chance that should the newly elected government of Iraq ask the U.S. to leave (very slim chance of that anyway) if they ask us to leave, it still would not mean that the Army suddely cancels all contracts for vehicle or body armor. No chance of that at all. And CRDN is now diversified into other areas, all of which are growing.
The most realistic thing I can think of to say is- for CRDN- the future looks bright no matter WHAT happens in the world.
I have only one regret- that I do not have anything more that I can "move around" to buy more of this stock right now at these bargain levels. All my play money is here now. Second mortgage - as was pointed out- wouldn't be prudent. But might do it anyway. :-)