- I think they could yield 10% and still get clobbered. -
That would not surprise me a bit. This market is so detached from reality that it's not funny.
My guess is that there may be mandatory white-collar cutbacks. As we both know, blue-collar cutbacks in Europe are much harder to do relative to the US.
Toyota is pulling the plug on Scion, as the brand has lost its direction and with it, sales - even with new product coming into Scion showrooms. Existing Scion vehicles will be rebadged as Toyotas starting with model year 2017, which means Toyota will have some overlap to deal with. Scion models are already sold in Japan as Toyotas.
More information is available at The Detroit Bureau's web site.
Takes longer than that to clean up from it - plus it happened over a weekend, a time when many people go car shopping.
Ford has earned its first annual profit in Europe since 2011; the company reported a $259 million profit in Europe for calendar year 2015. The profit represents a $848 million swing from year-ago losses of $589 million. Ford also said that it will leave some less-profitable European market segments and offer buyouts to 10,000 European employees. Ford of Europe president Jim Farley stated that the company's global operating margin goal is 8%.
This is an urban legend with virtually no truth to it.
The fact is that NASA did use pencils, but wanted to discontinue the use of pencils after the Apollo 1 fire(pencils do burn, you know). The space pen was developed by a private company, the Fisher Pen Company, using its own funds. NASA became involved only after the pen was developed.
NASA started using the Fisher Space Pen in 1968 - and the Russians switched from pencils to the pen in 1969.
The full story is on the Scientific American web site.
Which tells us again that this market is detatched from reality (sinking oil prices notwithstanding).
So buy it at the "junk shop" (whatever that is), replace it, and shut up.
- We have lost 5 years of dividends in the last few months. -
Depends on the price at which you bought the shares. Some of us bought in the single digits, and we are just enjoying the dividends. :-)
Agree on the short sellers. I also think there's a lot of program trading going on that trades the swings.
Yeah, Mark Fields has given specific orders to depress the stock price so he can have his stock options rendered worthless.
Brilliant thinking on your part, pal.
Oh, I am wrong? I present incontrovertible facts, and I am wrong?
-- I predicted GE and GM would collapse during the financial crisis I predicted because I knew the deal. --
Really? GE collapsed? Funny, I don't recall GE collapsing or filing bankruptcy. Does Jeff Immelt know that GE collapsed?
You'd better go back to your boiler room ...