Has anyone looked at the L3Harris’ stock price? It’s LHX on the ticker. It went from $190 before the layoffs to $255 after. Coincidence?
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The strategy if you're interested, is to buy lhx when it's low. Then, wait for the next inevitable layoff, wait for the stock to pop back up, and sell. Wash. Rinse. Repeat.
Exactly, and what are you talking about? The price will rise until the Q2 numbers are released at the end of the month, then it will fall again. It's been like this for the past four years: no organic growth, no prime contract, and only subs that keep you afloat, as each quarter they lay off 500-1000 employees.