To each there own for sure. Nothing wrong with taking a profit.. I did the same at an entry point of .01 US. I regret that sale at the moment but have a smaller chunk at this time and my gut tells me to let it ride.
What you may not see, is what I see on the US venture side. Where they are physically moving to, the advisory team that is set up, was all prepositioned based upon the needs of some military entity (s) here in the US to solve a supply chain issue as well as helping to get caught up and restocking of “things”.
There is a lengthy report that covers this as it relates to the Virginia class submarine build commitments but covers procurement as a whole. I posted last year.
Titomic is about to fill but one small hole in this need and that is what this move is all about. You don’t buy a building that size for square dancing.
So, you gotta do you but there are folks here that see the same as I do. They are buckling up. That $750 million number wasn’t pulled out of thin air.. There was some napkin math done at a diner with some “Southern Hospitality” I would surmise.
Don’t fool yourself is all I can say.
All in my 62 year humble opinion.
TTT Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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