News Focus
News Focus
Followers 7
Posts 461
Boards Moderated 0
Alias Born 02/22/2010

Re: Pecuniam post# 64674

Tuesday, 07/26/2011 2:11:11 PM

Tuesday, July 26, 2011 2:11:11 PM

Post# of 74548
Once the contract is awarded - it's awarded.

For example: GE & Rolls Royce are competing for an aircraft engine contract with United Airlines. GE is awarded the contract. Why would Rolls-Royce reapproach United offering to cut their original bid by any % when the contract has already been signed, sealed and delivered?

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today