With the combination of events now occurring (US debt ceiling issues,Earnings Announcement 8/2, and pps near support level) EMR seems to be at an important juncture. Any thoughts on Earnings, TA status and how this will play out short and mid-term? The uncertainty of the Debt Ceiling issue probably trumps all else including a potentially favorable earnings and conference call. This board has been pretty quiet lately. Thought I'd get some EMR discussion going. Thanks!
How money has been borrowed to pay dividends and bonuses. On paper, gaap or non gaap quarterlies show profitability over last three years through OPERATIONS. This is a paper profit and can only be turned into REVENUE through LOANS. It is simple to follow if you take the time to research.
Goodwill for alot of companies will be their demise over time.
3 month chart shows handle formation of cup and handle in progress. If debt ceiling issue is resolved prior to earnings release and if results and guidance are good, I expect this to make a nice run back over 60 pretty quick, but if and if....
last i checked. recent price targets were about 68
emr has been losing money every quarter, borrowing money to make dividend payments and bonus payments. The stock market is no more than a vegas crap shoot -- get in and get out. Every person with a 401k or retirement account should be in cash today, thus dropping the market prices well over 50%. The stock market and internet has provided the GREATEST ON LINE GAMING EVER!!!