austal's second lcs launched in us, page-48

My thoughts - I don't think there should be any harm in putting a bid in - especially at the lower end of the recent range. However if the overall market takes a hit sometime soon - that could provide a good opportunity as well at say 1.775. Obvious prob is that you can always miss out when you don't buy at market. I still don't see frothing mad buyers, just reluctant sellers at the current market price. That is enough for me to stay put, knowing that there has been an institutional buyer.