There is hope the new guy means business and is going to shake things up. Not the same old stagnant company underbidding and losing money on contracts
I am in a very similar position as you and I will ride it out to see what happens. Is that the smart thing to do; I don't know. If it goes below $7 I may buy a little more, and I mean a little.
most likely because they have nothing positive to say and the guidance they issued previously proved to be totally erroneous. And they don't want the stock to go below $5
I agree with everything you said. Income really has nothing to do with it. And furthermore all of the information needs to be filled in on the tax return so there is a reference/basis for next year
I believe you may be on to something there.... they had cost plus contracts. couldn't lose which creates a non competitive atmosphere in the company
any opinions on the earnings besides the fact it appears to be the same old #$%$. I'm trying to find some positives I can't sell tomorrow when who knows how far it will go down