Does anyone think this is a good buy for the long haul? Say 5 to 10 years?
Dunno, BUT Lead is a very good long term investment!
Many think a hold or buy. Actually I think it has nothing to do with a balance sheet but more what the feds will do.
Maybe... I'm underwater on it and have been for awhile. I thought it would be good and was for about a month then downhill since then, It currently is about half what i paid, so I'll just let it ride but not investing any more in it.
I watched it bounce from about $3 to $10 then drop again. If Trump was still President (AKA a booming economy) perhaps
$20 per share would be in reason.
Crashes in the markets started under Hoover , Bush , Trump and were fixed by FDR , Obama , Biden. Lincoln made some ppl rich to. The auto and internet did wonders for the economy. Red scare due to school taxes went up to pay for the baby boom.
POWW has a patent on "green streak" a tracer bullet that can be seen only by the shooter. Their new state of the art factory opened today in WI.
I worry this is a hobby for the CEO, not a job.
His experience is a valuable asset. I think the separation will benefit both companies.
The price is getting close to $3 per share. Some youngster might be wise to buy in now.
Ammunition as we know of it for war will be history shortly, kind of late for investing in it now....lasers will be the coming thing.
"Never do wrong to make a friend----or to keep one".....Robert E. Lee
Maybe it is best to look at what you have now and count it as a blessing rather that thinking the future will be bright under the current regime. Buy, sell, hold nobody ever knows but as long as the MONSTER fed is out of control I have a gut feeling the fix is in and WE THE PEOPLE are gonna pay dearly.