Post by
llesage on Aug 02, 2024 1:07pm
Another short attack!
For those of you still thinking this stock is not being manipulated.....#1 Yes, the market is falling hard today and pulling everything down. However, it has been somewhat recovering the last couple of hours and we've continued going down. #2 Look at our competitors today, GD -.96% and RTX -1.1% vs our -8.5%. As I mentioned last week, relentless!
Comment by
Marte1377 on Aug 02, 2024 1:24pm
If we are luky today it will close at -10%
Comment by
johnney on Aug 02, 2024 4:48pm
No matter where the s/P will be, Shorts will always be there when major markets drops! Many at $99, thought that will be more risky, and cost more, but we have our real picture today! Glta!
Comment by
Truthifest on Aug 02, 2024 1:40pm
General Dynamics is a far less risky stock: 1) bonds rated A vs Bomba's junk rating, 2) < 25% of sales are from Gulfstream jets; defense biz is a far bigger slice of the pie than Bomba and hence viewed by investors as far less risky, 3) GD is a bigger company.
Comment by
johnney on Aug 02, 2024 4:42pm
GD, just over a $1 US drop, even with a big drop of US, Markets, but Bombardier is a major drop, with yesterday's price!
Comment by
Tempo1 on Aug 02, 2024 6:55pm
yep. I watched the GD financial statements; In the last 4 years part of revenues from the US government and agencies (defence) was between 65% and 75%. When we speak about a low risk company, it is one.