(10-28-2021, 11:51 AM)fenders53 Wrote: I hate to even admit this here but I try to be transparent rather than just brag about my wins. I just sold the last half of my LMT. I try not to sell unless the fundamentals have changed. When every major defense stock is predicting loss of revenue growth for a few years, the story has changed. There is about zero chance the defense budget is increased for years. I said a few months ago I believe RTX is more appealing because they aren't 100% dependent on the government. I am pretty sure pure defense stocks are dead money and I can re-enter later if I choose to. Sold some of my shares at a loss. Probably down 5% overall. Hope it runs to the moon for you guys. LMT isn't going out of business and I bet they are way higher five years from now.
One more ticker off my pre-retirement list. Trying to stop picking the flowers and watering the weeds.
Sorry to hear you just sold at the bottom on LMT.. Buyback just went into affect and it's now back to $335
You said the same about APD and that stock has rallied 50 points
Maybe your the next Cramer hahaha!!
What else don't you like