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Prudential Financial, Inc. Message Board

  • dagwood9498 dagwood9498 Feb 19, 2002 11:25 AM Flag

    why is it so surprising??

    why are you people so surprised this stock isn't "at 60", "50", or even 35?

    look, the truth hurts...this is a poorly run, bloated, titantic of an organization. the internal rank and file staff is unhappy (director level @ psi recently told me "moral is at an all time low" and that's saying something), the public is skeptical of the future prospects of pru (another big scandel puts it out of business), and institutions are, as i predicted, staying away....this compamy is not unlike a tobacco stock....
    the institutional buying spree everyone predicted and was banking on ain't happening....the street knows...the street knows....

    so, cheerlead away, and i'll sit on the sidelines until this stock hits 25, and then i'll buy.

    come to think of it, i might be buying soon....

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    • No justice no peace my brother!!!!

    • Pru will not be a bargain until 27/28.
      Everyone else is taking gas so why is Pru immune? Too may getting their shares and selling.

    • charlie g.

    • You are a real piece of work. You make a negative statement with no factual basis, get busted by responses based on facts, then burn rubber backing up. Then, you do it all over again. Your goal, apparently, is to just stir up trouble.

      Example: you claim that institutions are staying away. The fact is that institutions are buying at light speed. As of today, 223 institutions hold positions in Pru. 216 of those institutions are "new". There have been 0 (as in ZERO) institutional 'sells'. Institutions now hold 18%+ of the float. There have been 25 insider 'buys' and 0 (as in ZERO) 'sells', and this activity happened in just the last week.

      According to your uneducated statements, institutions such as JPM Chase, Levin, Goldman Sachs, Janus, MSD, Brandes, AIM Growth, Deutsch Bank, Citigroup, Westwood, Thornburg, etc., etc., don't know they have made serious mistakes. Gee, if they would just listen to you, they would all sell short immediately.

      I nominate you as the "most likely to not succeed", and encourage all who visit this message board to hit the ignore button. Ooops, on second thought, let's all read your posts and do exactly the opposite of what you blurt out. We are then assured of raking in the $$$$.

    • dagwood~~

      IF, PRU is as bad as you say, why would you even want to buy PRU at 25?

    • Sit on sidelines, Yes..Nice..Maybe will go even lower...Good. Fundamentals will win out.

    • "(director level @ psi recently told me "moral is at an all time low" and that's saying something), "

      Ask anoyne on the street how Moral is at Any firm... you'll get the same answer

      Moral is so low because many in this industry.. myself included havent been through a time like this...
      Many grew up the past 10-15 years in the industry riding the market boom.. well all good things come to an end... money snt gonna fall from the sky like it did 5 yrs ago when you could throw a dart at a board full of stocks and get a 100% gain in 6 months

      People are starting to realize that we are going through a tough time right now, jobs are on the line, and investing isnt a win-win situatiuon anymore.. its gonna require more work and more time than in the past

      My advice.. hang in for the long term.. accumulate some big names, some stable blue chips and in ten years you'll look back and say.. wow I really got a bargain back then I wish I knew know what I didnt know then...

      Patieince is very hard ot come by in the market, especially after the boom we just witnessed but in the long run patience will be rewarded, but only those who really stick with the long term will be there to reap the rewards.. they're are plenty of bargains out there, but the road is gonna be bumpy...
      you've got to be tough minded right now and take the good with the bad, even though things seem so dreary right now

      • 1 Reply to AXMAN_96
      • >>Ask anoyne on the street how Moral is at Any firm... you'll get the same answer

        Moral is so low because many in this industry.. myself included havent been through a time like this...
        Many grew up the past 10-15 years in the industry riding the market boom.. well all good things come to an end... money snt gonna fall from the sky like it did 5 yrs ago when you could throw a dart at a board full of stocks and get a 100% gain in 6 months

        <<

        wrong, wrong, wrong...morale is just fine at smith barney, merril, goldman....hell even contacts at paine webber say things are upbeat.

        here's the point prudential misses: leadership is easy when times are good....staff is getting paid, jobs are secure, clients are happy, etc...

        leading during a down market holds quite a different set of challenges; you need to craft a vision that yes, times are down, but we, as leaders, have a plan to guide us thru these rough times...that there is a light at the end of the tunnel....stick it out, work hard, and rewards will follow.

        pru's plan, sadly, is to scare the crap out of people, make bad business decisions around personel, and create an eviornment of uncertainty, instead of an enviornment of that rewards effort and results.


        sorry to be the messenger here folks, but this is simply the world at pru.

 
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