This board is unreal......I'm amazed..because for onewhy do you people talk like know it alls,I've seen it all? I have been investing including straddles and combination, option spreads, option writing, of course buying puts and calls, and buying and selling stocks. most of you make it sound like some black jack table. In my forty years in the stock market, and still having fun, I laugh at you new kids. It is called finding good companies and sticking with them. You will never make money buying and selling constantly. It will drain you. Trust me. Stick with the strong companies. I believe this is one. I tell you
this, I confirmed with my portfolia mgr, and yes I even consult, a little newer than me to this new game, and confirmed buy. So between us both I would say this a
I agree, now that the stock is beaten down, as a long term play it might look good. However, there are several problems that have been glossed over by the analysts giving it the strong buy recommendation. 1) Their only market is government contracts where the margins and loyalty are undoubtedly low. Besides defense contractors, no government supplier ever grew earnings without private sector accounts, which I honestly don't see this company growing in that area. 2) Integrating the remains of three companies into one is a very difficult task, even with good management. As far as the original shareholders go, sorry you took a bath but the lack of coverage by reputable firms and the low trading volume only make this stock a buy when it becomes a value play, not a growth play. Hey, its your money.
This stock will be at 20 well before then. However, usually when a stock tanks like this, there's a reason. Of course, the reason for the drop will come out after the sellers causing the drop have all gotten out. Just my 2 cents worth.