quote:Originally posted by lostone: picked up a little more today.. maybe a little more tomorrow.. btw, when are we expecting announcement about the MRAP?
not sure, i don't expect it real soon. Repo knows a lot about this play. Repo what makes you say april?
IP: Logged |
quote:Originally posted by lostone: wow, i guess it's gonna be a little while til this thing turns.. maybe i should hold off buying more til coupla weeks later?
financials were feb. 15th last year i believe, don't miss that
IP: Logged |
I held most of my shares through this. I have a bunch now that are in the red. I still have some from 2.19 and on up to $16.35. But I also have some that I flipped at $23 and 20 but bought back at 21 and 18.40, so those are red.
I'm confident that it can go back up as fast as it went down. It's happenned before. Thing is, we don't ever know when news will come. That's kind of why I held on, though in hindsight I probably shoulda sold and bought back.
quote: In Category III of the MRAP Program, the Marines have already sole sourced 44 vehicles to Force Protection as part of the agreement of November 9, 2006, with an option to buy an additional 36 vehicles. The Category III vehicles need to transport no less than twelve personnel and will support route clearance. Although the Marines have not yet committed to award any additional vehicles in this category, we believe that an RFP for Category III vehicles will be forthcoming in the near future.
When is "the near future?" Who knows, but watch that ticker if you are currently out. You'll know when to jump back in.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss
IP: Logged |
posted
Force Dynamics Names Board of Directors Friday February 2, 8:45 am ET
LADSON, S.C.--(BUSINESS WIRE)--Force Dynamics, L.L.C. -- a joint venture between Force Protection, Inc. (NASDAQ:FRPT - News) and General Dynamics Land Systems, a business unit of General Dynamics Corporation (NYSE:GD - News) -- today named the members of its board of directors.
Force Protection's COO Raymond Pollard will serve as chairman, with the company's Vice President for Program Management Damon Walsh as Secretary. General Dynamics Land Systems' Mark Roualet, Senior Vice President Ground Combat Systems will serve as Vice Chairman, and Susan Young, Director Production Finance & Estimating, as Treasurer. Richard Hamilton, Force Protection's Vice President for Finance and John Gonias, General Dynamics Land Systems Vice President Contracts serve as members at large. Mark Savarese of General Dynamics was named Program Director for the joint venture.
Force Dynamics was recently awarded a four-vehicle test and evaluation contract from the U.S. Marine Corps Systems Command to produce vehicles for the joint Department of Defense Mine Resistant Ambush Protected (MRAP) vehicle program.
Force Dynamics was formed to offer Force Protection's Cougar 4x4 and 6x6 medium mine-protected vehicles as Category I and II MRAP solutions. The joint venture combines the proprietary vehicle designs of Force Protection with General Dynamics expertise in program management, systems engineering, service support and manufacturing capacity.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
IP: Logged |
posted
No, it's great news... but damn, have you ever been in a margin call before?? We're down $9 in weeks... I'm not risking my ENTIRE account.. no matter what.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
IP: Logged |
posted
The contracts for the 36 test vehicles are worth $34.6 million. Vendors are expected to deliver the vehicles by April, and the Marine Corps intends to complete the tests by January 2008. The government plans to select one or more companies for long-term production contracts. "Several of the awarded contract vendors indicate they could initially deliver start-up production rates between 30, 60 and 90 days after receipt of production orders," said Paul Mann, program manager for MRAP.
quote: "We also look forward to our first MRAP deliveries to the government early in February, as we add this vitally important product line and continue to expand deliveries."
-------------------- "Great Day for Up!"....Dr. Seuss
IP: Logged |
posted
Some people on the Yahoo board seem to think that this thing is going way down to the $9 level. Thank God I sold all my shares at $23. When it hits $9 I'll load up again.
Does anyone have a time frame as when it will hit $9
IP: Logged |
quote:Originally posted by moe77sco: Some people on the Yahoo board seem to think that this thing is going way down to the $9 level. Thank God I sold all my shares at $23. When it hits $9 I'll load up again.
Does anyone have a time frame as when it will hit $9
You should ask those "some people on the Yahoo board".
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
