Redwire: Seriously?

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$10. $9. $8. It’s a slippery slope, I tell you. A slippery slope. Redwire (RDW 11.38%). They’re a company, alright, specializing in, what is it, space stuff, defense stuff… Honestly, who even knows anymore? It’s all just…stuff. And this “stuff” has lost over 20% of its value in three days. Three days! You try losing 20% of anything in three days. It’s infuriating. And 11% today alone, as of, well, whenever it was. It’s just… disrespectful.

The question isn’t why it’s going down, it’s how dare it go down? I mean, you buy a stock, you expect…stability. Not this freefall. It’s like they want to lose money. They probably do. They’re probably sitting in a room, cackling, as regular people like me…well, it’s just not right.

Apparently, it has something to do with drones. Drones! Like we needed more things buzzing around. This “Drone Dominance” program. A catchy name. Too catchy. It feels…calculated. They bought this Edge Autonomy thing for almost a billion dollars. A billion! And now they didn’t make the list of winners? You spend that kind of money, you expect a little recognition. A little nod. A little…something. It’s basic courtesy.

Redwire’s “Big” New Business

So, they were a space company, then they decided to be a drone company. It’s like they can’t commit. Pick a lane! And now they’re relying on the Pentagon to validate their…impulse decision? It’s just…poor planning. They thought they’d get a piece of this $1.1 billion pie, and now they’re left with crumbs. Crumbs, I tell you. And they expect me to hold onto this stock? It’s a setup.

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Is This a Sell? Honestly, What Isn’t?

The timing is…suspicious. The Pentagon announces the winners, and Redwire immediately starts plummeting. Coincidence? I don’t believe in coincidences. It’s all connected. They were counting on this program, and now they’re scrambling. And who pays the price? Me. That’s who.

They say it’s cheap. Five times trailing sales. “Cheap.” What does that even mean? It’s still losing money! And they’re predicting “positive free cash flow” next year? Based on what? Hope? Optimism? A lucky bounce? I’ve heard it all before. They’re dangling this “positive cash flow” like a carrot, hoping I’ll just…ignore the fact that the stock is circling the drain. It’s insulting, frankly.

Look, maybe it’s a decent space stock. Maybe. But right now, it feels like a defense stock…defending against my portfolio. And that’s a battle I’m not sure I want to fight.

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2026-02-12 20:53