Thanks Wally, I dumped the stock at 17 for a year end tax loss, my year ends a little early since I try to avoid the herds. I was pleased to see a production manager hired, lets hope he is good. My sell still looks like a good move for now, for the rest of you I hope I am wrong. I consider myself an investor and not a trader, and I bought the stock for the wrong reasons. the company does have alot of potential on the horizon, if they can pull it off. Isn't it weird how we investment professionals think we are so smart, while the market continues to outperform on an after tax basis. Still we must try, that's what makes markets. Good luck, you may see me as a shareholder again if they can make their ITS the standard.
Aircraft seats, train seats- I would like to see greater market share potential. If I'm in an airplane crash, I don't think it is going to matter if my seat can withstand 16g. Maybe the company should give each shareholder a seat, to withstand the 30% decline. Have you ever sat in one of their seats? Are they any more comfortable than the competitors? Do they have a competitive cost advantage?
Only so many planes can be made, or upgraded per year. How about a restaurant with an airplane theme, with tables and 16g seats, 16g seats for automobiles. Now that would get me excited about the seat business.
I would rather bottle coca cola, if I am in a capital intensive business. |
