What's Behind Force Protection's Significant Share Price Drop? [View article]
Manny, Nice article but, I hate to break the news to you and your readers, you missed the most important reason FRPT took a dive. Their product design for the armored cocoon is terrible relative to BAE's and their production processes are archaic by automotive industry standards. As a result, they were utterly and completely unable to meet production schedules. BAE and Navistar could. Our troops need more reliable providers and that is why they didn't get any orders. FRPT couldn't deliver! I am long on FRPT as well and have taken a beating! Difference is, I did my homework and found out why! Engrkenn
Sort by:
Latest | Highest ratedWhat's Behind Force Protection's Significant Share Price Drop? [View article]
Nice article but, I hate to break the news to you and your readers, you missed the most important reason FRPT took a dive. Their product design for the armored cocoon is terrible relative to BAE's and their production processes are archaic by automotive industry standards. As a result, they were utterly and completely unable to meet production schedules. BAE and Navistar could. Our troops need more reliable providers and that is why they didn't get any orders. FRPT couldn't deliver! I am long on FRPT as well and have taken a beating! Difference is, I did my homework and found out why!
Engrkenn