The smart investing philosophy says that you should not have too large of a percentage of your 401K in company stock. Well, over the last several weeks, UTX has become a lower percentage in my 401. And, I did not have to do any transfers to achieve it. GO UTX!
Bigsteve- If this thing hits 90 by September, you are the new Warren Buffet with all your wisdom. I will load up like you won't believe.
The only person that made money on UTX was Louie ($172,000,000). I was going to buy at 110 but now have reconsidered and keeping my powder dry. A ?for Kid: At what point would you buy?
Your spelling is just as bad now as when you posted as "hwalamusgfe". "There" means over there as in a position. The word "Their" shows possession as in their recommendation. You are very stupid. Why should we listen to you and take your advice as to where or "there" to invest our money when you cannot even spell simple words? Go away "evannerobertodrj" or "hwalamusgfe" or whoever you call yourself in your next post.
NOT GOOD -
What do you call 1,000 lawyers chained together at the bottom of the ocean? ........ A good start!
I was hoping that they would up it. I would like 15% to salvage this year. LOL! The only 15% I would bet on at this point is down 15% on UTX. Please hep me!
I am all for giving Hayes time. I am a fan and there is no way he can straighten out the mess at Sik overnight. If this drops another $3, I will be buying.
Coolwalt- I will take the financial classes as you suggest and you can take spelling classes.
And here is the bad news................UTC lowering guidance on earnings. A contributing factor......the sale of Sickorsky which will be a "bit" of a drain.
I was thinking 20 by year end but now maybe not. I would like to see another 2 points down and I will buy a bunch because I believe in this franchise. I see the traffic at two of them near me in CT. I believe it is going down because the market "tide" in going down.
Here is the good news if Sikorsky goes............
Kid- I am getting myself ready for Hilarious Clinton as the POTUS (aaarghh puke). I would bet money on it because the average intelligence of the American voter (alive & dead) has tanked. Obama was elected because he was African-America and Clinton will be elected because she is a she. Those are their only qualifications. Heck, I would rather vote for Caitlyn Jenner instead of Hilarious.
The ONLY way Sikorsky will survive is if they are taken over by a Lockheed or other major defense contractor that is ready to get rid of the "geniuses" that are currently running it and pump a load of $$$$$ into it to straighten out the mess made by Borgman, Pino and Mauer.