You can talk it out all day long, but this stock will move higher. All that matters right now is that there is conflict in the world and armor is rolling across everyone's TVs.
Navistar wont give you the pump like Force Protection will...Force Protection will go higher no matter how hard you try to logic it out. mmmmm.mmmmm goood...
Navistar wont give you the pump like Force Protection will...Force Protection will go higher no matter how hard you try to logic it out. mmmmm.mmmmm goood...
Quote from btllines:
You logic is flawed in that 1. Israel makes their own MRAPs, 2. you discount the fact that there are multiple MRAP makers, FPI of which is the smallest and can't handle any significant volume and 3. if the Israeli's were to purchase from an American firm it would make more sense for them to spend their money on Israeli technology, such as that being used by Navistar in their partnership with Plasan Sasa, an Israeli firm.
Nice try to pump though. Hope your losses aren't massive.
Looks to me like FRPT is going through a pump and dump right now as evidenced by tute sell-off's as well as the fact that FPI hasn't received any actual orders for any of their vehicles other than sustainment contracts for months upon months. Their MRAP production ceases in February, what then? A few buffalo orders? No thanks, FRPT had their run and it looks pretty much dead now.
Should've shorted it when the time was right instead of trying to pump up a dead stock now.