Pay cuts? not in the real world. execs/board members will be fine as usual. its only shareholders and employees that suffer from these downturns. my opinion
I am so tired of mid cap and large cap companies who can't even do the most basic money flow management to keep dividends consistent year over year. In 2005 they were paying $0.30/shr and raised it all the way up to $0.80 in 2014 just to cut it back to $0.04. That was an 11.5% increase year over year until the cut. Did their earnings keep pace with the increase? Probably not. A classic pump and dump. Did the CEO and all executives take a pay cut like the shareholders? Probably not. Wall street is so rigged.
How can you now be showing the EPS at a negative $12.08 when the company has not reported any loss quarter recently? What am I missing? Looks like to me someone got PPS mixed up with EPS and didn't think it mattered. Is Steve Harvey working at Yahoo now? CTR
It's still very laughable, especially after the analyst upgrades JOY and than lowers the price target from $14 to $10.
He lost all credibility. Perhaps he should have waited until April 1st to make his announcement when it would have been a tad more appropriate.
Well, I was gonna laugh at it too, until I read your conspiracy theory BS. Gee, no one but you and I can notice the lowered price target, and all the lemmings will rush in on the upgrade, is that it?
Let me translate StreetSpeak for you: "Underperform" or "Sell" means "They're going out of business, get the heck out NOW". "Market performer" means: "This company is not going out business, but it's a real lousy investment."
Further, an upgrade isn't saying buy the stock. If he wanted to say "buy" he'd say "buy". Basically, he's telling people he doesn't think they should be shorting it any more.
More Wall Street analyst corruption games. With upgrades and friends like that , who needs enemies.
They use the word upgrade to create interest for their friends at other firms to sell stock when they are actually downgrading the stock w a lower price target. I like to see this analyst put his children's college education money into joy global if he truly is upgrading it. Let him also put his personal retirement account into it if he truly believes this stock warrants the word upgrade in the same sentence. Step up to the plate mr FBR analyst. Put your own families money into it if u truly believe the Cr-p you are trying to sell the street! I know u il will read this and know u will get a chuckle deep down when u read this as u know u would never dare put your children's or your own money into a stock that just lowered guidance for the ummmm how many times is it now ? Happy holidays!!!
Although 2016 will prob be a tough year for them they have the free cash flow and buy back to support the price at these levels. Im in pretty big at 13 and change cost basis
agree. as we all know, coal is a dead industry looked down upon now by the "environmentalist" of the world. JOY will need to exit itself away from this industry sector and focus on other mining areas. unfortunately, this may affect the companies revenues. my only hope for Joy at this point is that someone (CAT or GE) see's value in the company and makes a run at them. Otherwise, it will be a slow but sure death if the business remains as is for the next 5 years. my opinion
Won't be good for anything related coal this week. Coal the leading factor in air pollutants causing smog. Coal will be brought back into spotlight once again on Monday.
ANALYST BIGGEST CROOKS on WALL STREET you go to jail for fraud, They are paid CON-MEN
Don't get too excited.... this is just shorts (margins accounts) buying this up. Downward trend will continue. As long as there is natural gas, therm- coal will not be making a come-back. and as long as China's economy is in question, same goes for met-coal.
Sentiment: Strong Sell
hit $10.42 and bounced. i'm thinking its going to $5 and change. BTU cut its divy to a penny and than did a 1 for 15 reverse split. joy will likely do the same at $3 for a 1 for 10
Frauds, supported by the Free Press your father died for!
Vets fought for these sleaze can dupe people.
They know exactly what their doing, taking YOUR cash, and putting it in their account.
They can lie, the free press supports them, not you!!
'how does it feel, to be a complete unknown'?
You've allowed yourself to be duped.