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just curious. i heard an announcement coming but i have no details. just was alerted to buy. im not going to elaborate on what because we would be guessing all day. my advice just hold don't buy on speculation of an annoucement. either way lots of stuff going on with frpt.. we'll see.
np. and im just curious. anyone hearing the rumors??
for those interested, live webcast tomorrow--> http://www.forceprotection.net/news/news_article.html?id=277
wow anyone catch any on that dip to 5.86? right back to 6.13 now!
true. didn't say sell didn't say buy. the best scenario imo.
Cramer - "I can't find a reason to pull the trigger. I think it's somewhat intriguing, just because its so low, but that's not enough."
I think this is the key, and very very impressive imo--> "The revolutionary design of the Cheetah provides state-of-the-art protection against blast and ballistic attacks, with a 50 percent weight savings over its competitors"
yes!
absolutely!
wow 5.25!
shaking for shares. just bought some at 5.44.
here we go. shares being bought up again...
so we know that the army wants lightweight mraps and lots of em based on this article. the force has the cheetah and they sound confident working this time with GD. i bet we see something of substance soon. there is way too much in the pipe. earnings, cheetah, backlog, cash on hand are just some. imo we are in for another ride from here.. GL to you all.
Army Wants Lots of Lightweight MRAPs
By Greg Grant Tuesday, November 18th, 2008
The Army has requested bids from industry for up to 10,000 lightweight versions of its Mine Resistant Ambush Protected Vehicle, dubbed MRAP All-Terrain Vehicle (M-ATV). It’s supposed to be a lighter, off-road capable and more maneuverable vehicle than the monstrous MRAPs the Army bought to shuttle soldiers around Iraq. The Army has already bought some 12,000 of the larger MRAP.
LADSON, S.C. -- January 15, 2009
Force Protection, Inc. (NASDAQ: FRPT) and General Dynamics Land Systems
Inc., a business unit of General Dynamics Corporation (NYSE: GD) – through
their joint venture Force Dynamics, LLC – today announced that they have
submitted the Cheetah, a lightweight armored tactical vehicle developed by
Force Protection that meets or exceeds TACOM’s threshold requirements for
crew protection, mobility and weight in response to the U.S. Army's MRAP
All Terrain Vehicle (M-ATV) solicitation.
and quoting moody-
"We believe that the Cheetah is the ideal vehicle to handle the rough terrain in Afghanistan, while continuing to provide the same high level of survivability that our Cougar vehicle offers today at nearly half of the weight," said Michael Moody, chief executive officer.
upticking in pre market 5.91x5.95
ha its always someone!
chart-->
looks like a short attack at 5.41
news just out lol http://finance.yahoo.com/news/Force-Protection-Inc-and-bw-14073169.html
just re-iterating cheetah submission i guess.
yep crazy man. BS
and go figure, a contract last night...Force Protection Industries, Inc., Ladson, S.C., is being awarded a $5,935,232 firm, fixed, priced modification to previously awarded delivery order #0005 under contract M67854-07-D-5031 for the purchase of CDRL A043 PHST – Preservation and Packaging, CDRL A044 PHST – Validation Report, CDRL A045 PHST – Special Packaging Instruction, and 15 additional Field Service Representatives (FSR) – OCONUS to support the Mine Resistant Ambush Protected (MRAP) Category I Cougar vehicles in OEF. Work will be performed in Ladson, S.C., and in the OEF area of responsibility, and work is expected to be completed by Apr. 1, 2010. Contract funds will not expire at the end of the current fiscal year. The Marine Corps Systems Command, Quantico, Va., is the contracting activity.
def. goodluck. i messed up on the way back here and bought too high. wish i waited.
woah how the hell did this get to 5.50?
just filled at 6.48
YUP!
General Dynamics, Force Protection Bid on Truck Order (Update1)
Email | Print | A A A
By Edmond Lococo
Jan. 13 (Bloomberg) -- General Dynamics Corp. will help Force Protection Inc. build the Cheetah truck through an existing venture as the two companies jointly bid on a contract potentially valued at $6.5 billion to supply the U.S. with as many as 10,000 armored vehicles for use in Afghanistan.
The Force Dynamics venture submitted a bid yesterday for the new MRAP All-Terrain Vehicle, Peter Keating, a spokesman for Falls Church, Virginia-based General Dynamics, said in an interview today. The venture, formed in 2006 to build Force Protection’s Cougar truck, was expanded in the past month to include the Force Protection-developed Cheetah, he said.
As the U.S. begins to shift its focus from the war in Iraq back to Afghanistan, the military has said it needs a new truck. Terrain in Afghanistan is more difficult and roads are less developed requiring a smaller, lighter vehicle than the Mine- Resistant, Ambush-Protected Vehicles that the U.S. used in Iraq. The Army and Marine Corps will jointly purchase the truck.
Tommy Pruitt, a spokesman for Ladson, South Carolina-based Force Protection, didn’t immediately return calls to his office and mobile phones seeking confirmation of the joint bid.
General Dynamics fell $2.69, or 4.7 percent, to $54.99 at 2:38 p.m. in New York Stock Exchange composite trading. Force Protection jumped 65 cents, or 10 percent, to $6.96 in Nasdaq Stock Market composite trading.
To contact the reporter on this story: Edmond Lococo in Boston at elococo@bloomberg.net.
Last Updated: January 13, 2009 14:56 EST
it probably will at some point, but soon? not really sure about that. BDI/BCI is turning. to me that says dry bulk is going to come back more. this is just some churning before we see 20. And we will see that before we test that 50 ma imo. GL!
about 200k share buy just went into frpt that was nuts!
wow what in the hell was that??
we've all been waiting for a big breakout day! finally!
weeeeeeeeeeeeeeeeeeeeeeee holy crap!
there ya have it over 7 in a blink of an eye! poof!!
vol- 591,736 already!
yep i didn't think 7 was in the works today, but from the looks of it we are going to smash through no problem today. someone is buying everything. glad i still have a bunch.
wow! 7 today?? only .15 off right now damn this puppy is on a roll.
gooooooooo! big trades coming through, broke 6.70 nicE!!
wow back to 6.64 on nothing geeze. selling 1k shares here:)