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Posted this earlier but no comments?God Bless The Men With The Balls To Do This:http://www.forceprotection.net/news/video.html?video=cbsI am not advocating buying their stock, but the video of the IED's exploding are excellent.Force Protection does IES's the old fashoned way, they pick them up (one at a time) and look at them as they explode in your face.
It looks like FRPT has a huge advantage over IOTN. They just received an order for 50 more Buffalo's and what has IOTN gotten, nada, and that stock is $2
I know we are all in the market for the money, but -I posted this link was for the excellent video footage.http://www.forceprotection.net/news/video.html?video=cbsThere was not one comment on what the GIs have to go through to locate and dispose IED's.The Buffalo uses a moronic approach - nothing can penetrate the buffalo kind of attitude (which is good, but.... It only proves the size of the hearts of our soldiers).How many of you would want your son finding IED's using a Buffalo? Not me! The Al Qaeda must love watching the Buffalo.I doubt that we will ever see a video of a JIN in action. For security reasons (and I agree) the enemy should never be allowed to formulate counter measures that would make the JIN's ineffective.The market works like water finding it's own level - it always prices a company at fair value. Ionatron is at twelve dollars for the same reason FRPT's stock - is two dollars.
"They just received an order for 50 more Buffalo's"What is the usual and customary PE assigned to buffalos?What is the bragging premium for investing in buffalos?In both cases it is probably less than for lightning. Wait til JINS takes out a buffalo by mistake.
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=1609566194&tid=iotn&sid=1609566194&mid=40641What a HOOT you are ryingtogetthefacts, Ah, Ha, Ha, Ha, Ha...
Due to the ruthless bashing of IOTN and incessant pumping of FRPT by Toopy and Scrugeeboy, I believe that most people on this message board assume it must be a total POS.At least I do.
Another great example of how well the market can work. A two dollar stock is a two dollar stock for a good reason. Same thing goes for a 12 dollar stock.