I think it has hit its high end and will start to go down below 60 but not below 55
to many govt cuts that will be coming down that will hinder the company I would sell now and get back in when it hits 55
Creamer is pumping on belhalves of the goldman boyz, if you buy here, you are a dufoossseee, and a chump, it is a good short in a day or two.lol
under current obama adminestration this is another phillip morris.
Are you looking for a stock tip? In general, ATK is probably better positioned than most defense companies, but the huge uncertainties with government direction and funding make them risky in that regard. Since I work for them (Aerospace Systems div), I do not own their stock. You’ll have to do your own DD. .. Within the division I’m in, my opinion is that they are mediocre, at best. Their 40 years or so of being on the cost-plus NASA gravy train has them entrenched in these ways and I guess its very hard to break the habit. They are the polar opposite of efficient and lean. Lots of management layers, work methods are hindered by a bureaucratic mess of approvals, forms, paper, budget constrains. If you need to buy a $2000 widget, it takes $5000 of time and effort just to get the purchase approved. Typical managers are ignorant of how money is made and pretty ignorant of their duties. Most managers have no prior experience, especially in other companies, and are not provided useful training. In recent months/years, they have become very “slogan” oriented, which I thought went out in the trash in the ‘80s, and for good reason. From my perspective, they certainly don’t know how to manage their resources, partially because they’ve not bothered to learn what their resources are. Regardless, there is hope since there are some good people in positions capable of doing the right thing. But they are being dragged down by the very system they’re trying to change. Back to the issue at hand. .. There are many other companies and investment opportunities I would go for that offer better value, growth opportunity, dividends and much less risk from external and internal sources.