Hi cajunlady! Longtime since I've heard from you.
Is that impostor still stalking you?
I like your call but think this could end up even lower, possibly 22-24 over the next year, with a .possible rebound to 27s
Really depends on lots of variables.
Probably not worth the risk jumping in here.
The bottom is reached when business conditions have hit there lows and stabilized.
This sometimes takes years to reach.
And sometimes the damage is severe enough that the entity is no more than a shell of it's former self.
Ask any former Frontline investor.
He never was shareholder friendly. That is a myth perpetrated by some who believe that a generous dividend payout is a sign of investor friendliness.
As I've said before. JF builds his fortune using any means of securing debt, from any source he can muster.
You can definitely build an empire in this way. For yourself!
Sure seems like you are right.
CAT has been hit with allot of negativity lately, and the stock has barely dropped.
They even have a plant or two in Russia.
I'm doing the same with SDRL.
If we are wrong then we all go down together.
Dividend is only 12.5% if you hold it for a whole year.
Allot can happen in a years time frame.
No guarantees here!
Yes, they expect to make money one way or another.
I just hope it isn't off us small investors.
Because he has inside knowledge of business , that small investors don't.
Level playing field.Right!
People were blinded by the big dividends then, just as they are now with sdrl.
And don't make the mistake of believing in any ceo's future promises of dividends, as they all do what has to be done in dire circumstances.
Don't throw caution to the wind.
In another decade or two people will be crying about how we ruined the planet's weather enough so that there is not enough food to eat and why their house is under water.
I hope Republicans are willing to take responsibility.