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Caterpillar Inc. Message Board

  • againscammed againscammed Jul 3, 2013 12:52 PM Flag

    CAT buying stock

    hand over fist to support 80.00. Money better well spent
    other ways as its worth 40.00. Oh well, at least pimp the DOW
    is more important than business at this point. SCAM

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    • Cat will never be a leader in China. Their China strategy has failed - look at their SEM acquisition, in 2005 they announced that SEM would be have the #1 Wheel Loader sales in China, at the time having the #5 market leadership position. At the end of 2012, they had the #10 leadership position. Talk about failure to the n-th degree.

      It will take some time for recognition, but Cat has no forward strategy as their China strategy has been a failure not just in the last decade but in the last 3 decades.

      I worked at this company for 12 years so I know the culture and ineffectiveness of their being in China.

      Once the Fed stimulus ends, this stock will head down to the 50-60's no doubt. This is a conservative company in very dire / desperate times.

99.27+4.70(+4.97%)Oct 23 4:01 PMEDT

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