The bad part is, the govt knows this and would like to take 15 trillion of it to pay off their bills.
I would never stick my head in the sand and put someone on ignore, unless they are crude or obviously extreme in their opinions without backing it up.
JF didn't see the FRO crash until it hit him in the head.
And yet he makes calls on SDRL that are two years out.
He may be correct on sdrl's future but he didn't seem to see the tanker business collapsing, or maybe he kept his mouth shut until he unloaded his own shares.
That's how you stay a billionaire.
Yep! Headed for the wild blue yonder.
Stilldung bailed out and his parachute didn't open, or he wasn't wearing one???
I don't consider my posts to be that of a basher or pumper in this time frame.
But I did correctly point out over a month ago that this was heading South.
My posts are nothing more than a reaction to the way I see the stock trading for the past several months.
If I was not long term bullish on the stock, I would not rate the stock a hold and would be openly telling everyone to sell.
You don't hear that from me, yet.
Just started a position in this.
Anyone think ab will be able to hold or grow the dividend from that last .60??
Zacks has a 10 rating on ab.
But analysts don't seem to be to bullish.
Can anyone help with understanding more about ab??
I did some analysis of ab price history vs div. and found out that only one year in past five did ab not trade higher than 24 at some point.
And the .60 div is the highest payout in a number of years.
So the stock looks undervalued to me.
Reminds me of a couple years ago when sdrl would run up to 36 and could never break through.
Too many scared investors in this stock. No mo mo!
The big players have lost confidence.
Looks like this could very easily fall back to the 34s