Good job "Fish",,, People like you make my decision to sell even better.
I was going to sell @ $30.00, but I guess I'm making up for selling @ $ 25.00.
Just think, If I hadn't sold 10,000 shares @ $25.00,,MTW would be @ 20.00 by now.
Your welcome,,,your Welcome
I gotta another 8,000 to sell,,,,,, when should I do that ?????
I couldn't wait for MTW to get to $ 28.75, I sold 10,000 shares @ $ 25.00/ share.
I set aside 25% for capital gains , paid off a few bills and bought approx 3500 shares of NS
3500 X $1.095/ share = $ 3832.50 / quarter times 4 quarters = $ 15,330.00.
10,000 shares of MTW @ $ .08 / share / year = $ 800.00 .
$ 15,330.00 - $ 800.00 = + #14,530.00
Can you blame me.??
I'll still have a bunch of MTW stock
"Fish", When did you start working for Fincantieri in the accounting Dept.?? To state that they are loosing money, you MUST be working for them.
When Fincantieri bought the Marine div. from MTW, the Marine div. " was the ONLY MTW div. that was making money.
If memory serves me , the Marine div. was making around 7% profit, Cranes were loosing around 5% and Ice div. was breaking even .
I guess being a "Good Guy" is good enough to get paid almost $9,000,000.00 / year in stocks & salary.
Does paying Millions in interest exspense fall ito the "Good Guy" Catagory or over paying for Enodis and loosing money on the sale of the marine qualify, fall into that "Good Guy" catagory too ?? If so, Glen's got that catagory all sewn up.
Let's see, MTW sells the Marine div for a $ 200,000,000.00 LOSS.
They buy Enodis for $200,000,000.00 MORE then it was worth.
Now they sell 50% of their Chinese Hydraulic div. @ a $36,000,000.00 LOSS.
Sure is nice LOOSING someone else's money.
Notice I said "someone else's money" ?
Hey Glen how much of your personel money have you invested in MTW ------ ( 0 ) ZERO, NADA, NOTHING
When a manager doesn't perform,, they get rid of them,,,,,they Don't pay them a bonus of Stock or a LARGE salary.
Come on Board ------Let's change our manager.
This stock is going the wrong way. You'd think I bought some.
Hey, some good news, I bought 1000 shares of KMB when it was @ $ 55.00/share
I did a little numbers crunching a came up with the $28.75.
If I sell around 18,000 shares, pay the Capital Gains tax, I should clear around $425,000. Pay off some small debts and invest the rest in FGP. FGP will pay $20,000.00 + (per year) in dividends and MTW pays $1440.00(per year) Can you blame me ??
Thanks "Fish" for filling me in on GNI.
As to selling MTW @ $28.75, that's still a go.
Only $3.70 to my goal.
I sold my ferrelll gas,, maybe I buy it back
If this stock ever gets to $28.75,,I'm selling about 35% of my MTW holdings.
I may be buying something called "GNI" . I gotta have my broker look this stock over and get his opinion.
Finally showed up. Only took 9 days. I think I could of rode my bicycle faster then the post office works. No wonder the Post office is going broke.
Weren't we suppose to receive a dividend on the 10th ??
I've got Paper shares and Electronic shares. I haven't received dividends on either.
I could see them being late on the paper share,,but the dividend on electronic shares should be paid instantaneously on the electronic shares.