Post by
rwk001 on Aug 26, 2020 7:26pm
consolidation
We have had a good stretch of consolidation over the $5 mark for a few weeks now, this is good. Aug. is almost finished and we are holding, this is also good. Once Sept. arrives the time may be there for clients to be finished with their DD and allocating cash flow and all the other necessary legalities to award purchase orders and delivery timing for installation of their new plasma torches. All this will be a very busy time, my opinion about the US military contract is that it may be delayed until after the Nov. election. Due solely to US politics, the contract will surely happen but just a little later. Now before people label me a basher and such, I am a very patient man and I am content to wait a few more months for the military contract. I am in for the long haul not the short burst. And all this is just my opinion. GLTA and Keep Smiling.
Comment by
MakeItRain1 on Aug 26, 2020 7:44pm
I think the common sentiment from what I can gather is the Navy contract will happen and the delay is pretty well excepted by most and even expected if you ever had any dealing with gov contracts. Majority of the focus on the torches now anyway being so close to prime time !! Hoping for a news release tomorrow for some updates or even better contract signing. Great times ahead!!