There is no substitute for following carefully the financial condition as well as the current business model outlook for any stock you own but it is absolutely essential if you are heavily weighted in a company. Many people have lost their hope for a comfortable future by focusing on only the past history. I have a neighbor who retired rich from Lucent who now is working full time because he lost almost everything. You can add many other stocks to the list of those that people went to sleep on, GM and AT&T being examples. PG is a good company but it doesn't have the same model today that built it as reflected in its margins. It was a company that counted on high volume quality products at prices no one could compete with. The quality is still there and so far the volumes, but the price and profit margins make it a different animal than in the past. Don't think that PG can't be vulnerable. WW
I have never understood this fascination with stock splits.
Suppose I walked into a pizza shop and ordered a 12" pizza. The guy behind the counter asks "how would you like that cut." My answer:
"Cut it into 8 pieces - the last guy cut it into 6 pieces and that wasn't enough for me."
Does that make sense to you? If so, you are a strange person. If not, you should stop thinking about stock splits - they really don't matter.
Been through 5 splits so far. History says that earnings must double since the last split and stock price must hold above $100 per share for several months before the discussions re: split begin. We have a long way to go.
Yes, you will be able to buy the stock at a lower price, but the divy will be lowered to match the amount of the stock split. Stated before, PG does NOT make a stock split until the stock price gets into the low $100's.
"This message board, more than any other, (and that's saying a lot!) is a complete waste of an investor's time. And the regular posters are responsible."
...and exactly what value have you provided/added?!?!...
...when you whine and cry like a little school girl, don't expect to be taken seriously...it's no wonder PG canned your lazy butt...
"...spoken like someone who used to work at PG...and subsequently was told "you'd be better served to look for employment opportunities outside of PG"..."
You know, you sound like an old crabby geezer....have you ever been laid without paying for it (which isn't all that bad)? I'm just curious.
...that would make sense...the smart ones get it the first time; the "bottom 25%-ers" have to be repeatedly told...and it appears you haven't let go of it either...remember, as they probably told you when you left, it was better for the both of you (but I'm bettin' PG got the better end of that outcome)...
Is PG still a good investment if my father didn't work there?
I know that it is a much better place to work if your father worked there.
(And that, my friends, sums up 90% of the shareholders' thinking, and 50% of employee evaluation results.)"
...spoken like someone who used to work at PG...and subsequently was told "you'd be better served to look for employment opportunities outside of PG"...