I agree with all. I am hoping Red will get on their collective #$%$" if they dare to have another CC. I may have to pass because I might get all WWE on the dummies.
Already said it was a "sweetheart" deal. Now I think it is more like an organized crime deal. Shady deal is the least one can say about this. Keep your records and get on the next conference call, if they dare to have one again. RDK
Saw problems months back. Mgmt. is hell bent on screwing shareholders. I am keeping a record of these self serving dealings. Looks like the rats got into the cheese factory. I also said "mgmt. is getting rewarded for "failure". Looks like shareholders are going to get boned big time.
I am bidding for shares in the $4.75-$4.80 area. If the PPS drops lower than that, long term share holders will really be getting boned. RDK
Short interest down to 3,646 shares. Short covering those shares would take 1.5 days or so. Could be what is supporting the PPS at this point. I would not want to be holding a short position if/when the divvy gets restored. Just a FYI. RDK.
Not good. We need a "really" good PR and soon. $5.10-$5.20 target for low this week. Hope I am wrong. Dip DOWN into the mid to low $4s starting to look possible also. RDK
U.S. Military Budgets 1948-2015
Obama FY2010-15 $663.4 billion per year
Bush Jr FY2002-09* $634.9 “ “ “
Clinton FY1994-2001 $418.0 “ “ “
Bush Sr FY1990-93 $513.4 “ “ “
Reagan FY1982-89 $565.0 “ “ “
Carter FY1978-81 $428.1 “ “ “
Ford FY1976-77 $406.7 “ “ “
Nixon FY1970-75 $441.7 “ “ “
Johnson FY1965-69 $527.3 “ “ “
Kennedy FY1962-64 $457.2 “ “ “
Eisenhower FY1954-61 $416.3 “ “ “
Truman FY1948-53 $375.7 “ “ “
*Excludes $80 billion supplemental added to FY2009 under Obama.
Not Obama. Plus the Pentagon is getting less for each dollar spent. Here's a quote from the Cato Institute.
"And The Record For Highest Constant $ Military Spending Since 1950 Goes To………The Peace Candidate, Barrack Obama"
No, you are a typical Obama hater. I am a facts person. The FACT is he has "consistently" spent MORE than any recent president. Look up the FACTS. We can debate whether or not it is on the right things but not the "money" spent. You want to debate without facts. Obama has been a GREAT POTUS. It is CONGRESS and sequester that is the problem.
And it might get bigger if idiots in Congress would end the sequester.
Got to the slate web site and check out the article on Obama's defense budget, "one of the biggest ever".
It's Congress. Check the facts. I cannot post the links here, but Obama has "consistently" spent more on defense than any president in recent history and that's with sequester. The numbers do not lie. The problem is sequester and that is up to Congress to end. As for troops on the ground, let that Muslim coalition led by the Saudis do the ground fighting. Plus more use of air power benefits AIRI. There was an interesting proposal to upgrade all the A10s sitting idle and sell then to the coalition partners. Perfect plane for desert warfare.
Yes. I read an article some months back noting that the Navy had it's first "trap" equipment failure on a carrier in the last ten years or so. E2 landing failed and many were injured. Plane and crew survived. Congress has to get off their collective #$%$ and pass a budget, These years of sequester are hurting readiness,.
Why I still hold and continue to buy AIRI, but only with lowball bids. RDK
By Alex Gennaro
As I wrote in a prior article , I believe Northrop Grumman is one of the Aerospace & Defense companies best set to succeed in this increasingly volatile world filled with a need for more drones and cyber security / attack software. I believe Northrop Grumman will be one of the best-performing A&D stocks in 2016,
B. Merger & Acquisition Opportunities:
1. Air Industries Group (NYSEMKT: AIRI ): Northrop Grumman can become even bigger and more successful by acquiring smaller but relevant and valuable companies. Air Industries Group, for example, may be an attractive potential acquisition candidate. This small cap aerospace and defense company is structured as a holding company with four subsidiaries, based out of Long Island. Among many other products, it produces all E-2 Hawkeye, C2-A Greyhound, and F-18 Hornet parts, which are among Northrop Grumman's major aerospace products. Acquiring a company such as this could bolster production and improve the supply chain management within the NG Corporation. With a market cap of fewer than $80 million, AIRI seems like a relatively inexpensive purchase for a company that would help improve the speed and efficiency of NG's assembly process as well as the rates at which the company negotiates with its suppliers.
A whole lot of shares bought/sold at around 1:40 today? Big dump or big buy?? Really bad/good news coming?? Chart is pointing DOWN. Could be 1st qtr. divvy canceled?? If so, NOT GOOD! Anyone hear anything. Red, you hear anything from the company?? RDK
We are getting some volume today. Looks like some are willing to take a chance that the divvy gets paid. I have a bid in down in the low $5s. Chart still has a downward bias. Per your belief, I hope we hear something sooner than later. "IF" they pay the full divvy we could see a nice run back to the $9-$10.00 area. RDK