If the Fed had the slightest idea of what they should be doing, they would not have let the country slide into the worst economic downturn since 1930. I personally believe we are at the beginning of a boom since the stock market, last Spring, finally broke out of a range starting with the old S&P top in 2000. These events have only happened 3 previous times since 1900 (1923, 1952, 1982) and each led to long secular bull markets. Each were also caused by the same thing - lower and or stabilized commodity prices. Prices appear to be high because of the PE's, but going forward this may be just a signal for more rapid growth.
I'm thinking you should man up Sally. If you feel you are on the wrong side of a trade...get out so you sleep better.
I raise a flag about your whinning.
rp: Did your mom raise all dumb kids or were you an outlier???? Exactly how much are you down on your sellling out of the market the past 3 weeks. Sometime between now and the year 3000, you might be right, kind of like a broken clock is always right twice every 24 hours.
Using cash on hand to repurchase your own stock is an admission that you have no good ideas for growth! Growth companies invest, acquire, do more R & D rather than repurchase stock.
With more than 650 million shares outstanding - I would rather see an aggressive stock buy back plan!
I think the high institutional ownership does decrease the necessity for stock splits. I also think that the board may be worried enough about the future to not be confident in their earnings enough to consider a stock split. That may be why we are sitting at $140+ stock share price with no split announced.
In the end it doesn't really matter if a stock splits or not. A stock split essentially revalues the units that are used to measure a company's worth. But splits don't actually revalue the company itself. The underlying value is the same no matter how you chose to divide up the ownership stakes.
Fellow Investors, this onslaught of thousands of toxic Teflon chemical lawsuits may well have weighed heavily on prospective buyers of DuPont Performance Chemicals. In short, what investment banker or corporation wants to buy a fat package of lawsuits, with unlimited liability, and unlimited numbers of cancer-struck or gravely sick plaintiffs coming through the courtroom doors for redress? Hence, Ellen J. Kullman, DuPont CEO, and her top numbers man, CFO Nicholas FeignandFakeus, have been forced to get rid of chemicals by spinning the unit off to DD shareholders in 2015, 3000 lawsuits in the bag.
Incidentally, DuPont Management has already been compelled to shell out circa $350 million with respect to this growing toxic Teflon chemical scandal.
Titans of Toxins in Fortress Wilmington Lied for Decades, Claiming Teflon Toxin Was "Humanly Harmless"!
Good Morning, Bonjour, Guten Tag, Buon Giorno,
Readers, for decades, DuPont's dirty-playing Management covertly and callously contaminated the drinking water of 100,000 women, men, and children in West VA and Ohio with an extraordinarily toxic, cancer-causing Teflon chemical, C8 or PFOA. When finally caught, the big bosses of DuPont and their PR con artists claimed dishonestly C8 is perfectly "safe", "humanly harmless", wouldn't hurt a soul.
Now the proverbial chickens are coming home to roost. And what foul fowl they are, 3,000 individual lawsuits ensuing. This morning, June 23, 2014, the local newspaper of Wilmington is reporting,
"Roughly 3,000 people in West Virginia and Ohio are expected to sue DuPont for personal injury by chemical contamination in the latest chapter of a long running saga that included a massive public health study.
The suits, which numbered 1,300 as of Thursday, claim injury from pollution at DuPont's Washington Works plant in Parkersburg, West Virginia. The chemical in question is C8, or perfluorooctanoic acid, which DuPont has used in the production of products such as Teflon."
As we opined some time ago, the besieged bosses of DuPont are only in the third or fourth inning of this massive scandal which continues to grow in cost and in damage to the reputation of the DuPlicitous DuPont (what's left of it)
Merely the morning commentary of one individual investor and long-time student of the integrity-depleted DuPont...funfun.