Thursday, October 17, 2019 2:08:18 AM
It might be time to unload some now for tax loss purposes and buy back in next year when purchase orders improve. Most 1st responder fleets are tied into Federal/State/County/City contracts that require up to 12 months of lead time to approve upgrades to existing equipment and have funds allocated to the budget for said upgrades. And after the budgets are approved it can be up to another 12 months for the purchases to manifest. Thus my original post about a 2 year minimum hold. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148719261
However, the trader in me says there will be more downside near term (hope I'm wrong), and trade it accordingly.
JMHO and GL to all,
Vic
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