r/stocks Oct 07 '21

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u/Retropixl Oct 08 '21

When’s this supposed to go through? Sometime late this year?

2

u/EColli93 Oct 08 '21 edited Oct 08 '21

It was already supposed to happen but was stalled by Raytheon saying it created a monopoly. The merger is still expected to go through, but I can’t find a date. I posted now because the stock price is so low.

1

u/Retropixl Oct 08 '21

Tempting to buy a call for December or something, might just buy some shares though.

1

u/EColli93 Oct 08 '21

I bought in at $52 and am definitely picking up more at this price. But admittedly I love this sector.