FoolishFlyer:Well, you know your military stuff. The chart on GD looks durn good. Trouble is it now has a pretty high PE for that business and as you say a "slow grower". After the run they have seen, I can't imagine there is much more left. I think I'll hang on and see if GD can regain the 70s as it took a hard hit on this news. I really thought it wouldn't since GAC is so profitabe. I thought GE would gain a few dollars giving us a great arbitrage spread. I still think if the market gives us a break we can get 73 bucks for GAC.One reason I was thinking of holding GD for a little while is the crash season comming up and if I can hold on till Oct. I can make this a long term gain. I thought they may have some downside resistance, but they showed today they don't. GAC has a better PE and a higher growth rate.wolfeman
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar