You are right- I spend too much time looking at short term noise- but here goes...
I thought that once the latest contract news sunk in- that dividends would keep the SP somewhat afloat until ex-div.
But the SP is down today and ex-div is tomorrow. Once the dividend is ex- the last financials will be the driver again.
Mr Market appears be still underwhelmed by contract wins and still fixating on contract performance.
So how much weight do we put on that tug boat contract SNUFU going forward? The 2016 LCS contract attempted cover up does not help- it just does not go away.
Took profits twice recently- waiting to get back in- I may be more bullish once I am back in. Whatever happened to that plan to buy and hold?
Rambing over.
IMHO DYOR
You are right- I spend too much time looking at short term...
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