Because the company has been so reluctant to support the stock in the past stockholders jump off without giving it a second thought. It will not always be like that though. The company is due for a stock movement up imo. Those selling now may wish they hadn't soon.
What would be the sense in holding all those shares if they thought the stock was never going to make money for them? I just bought more today.
This stock may be getting ready to move up. I think the last year has been a year of establishing a concrete base from which to launch and up-coming news will take us higher very soon.
You sell and I'll buy, agreed? I don't think this is the time to be selling RTN. Matter of fact i'm counting on a run up from now through year end as a matter of fact.
I am looking for news but can't find any bad news out there. Big decline though on high volume. Maybe they are trying to drive it down to acquire some big orders at lower prices and good news will follow.
Could there be some thing else that is driving this stock? Like a merger? Buy out? With defense cuts coming down the pike could there be a consolidation in defense companies coming? Would RTN be in that consolidation?
Wow! That is great news. I'm sure they will wait until the stock price drops. Why buy it at this level unless you think it is going much higher. Maybe it will go higher if the foreign contracts begin to come in in which case this level ($85.50} might be cheap. In any event the $2 billion dollar buyback kind of gives us a parachute if it goes down.
With my broker, if 1000 filled they must fill the rest of the order at that price or better and I thought the order had to be filled before the end of the day. Anyone else?
The exchange doesn't matter if your a good company that promotes itself and comes out with significant news. Investors will find you.
We need to get the company to buy back shares or have Insiders start buying the stock. If the company is doing as great as the management would have you believe why wouldn't they want to buy while we are in a quiet period when not much is going on? Maybe things aren't as great as they are trying to make us believe.
So based on your info people would be crazy to buy at this level. Just wait for the .15 level.