you should re think your scenario, with 6.3 billion shares outstanding they would have to buy a lot of stock to support it, as you suggest.
I sld my PFE because I think they will over pay for some big drug company. Will get back in at a lower level after the announcement. Don't expect growth, just yield.
yrs. The company has 15 billion in debt and pays out more in dividends than it makes in earnings. This can't continue.
have wiped out. The dividend, not so much. Sucker stock.
It is very tough buying this at these levels, but all the news is good and the earnings growth has kept the P/E down. Mostly looking to increase tax cost base so have better flexibility to sell if I want.
you guys must be Cramer plants. The CEO was totally believable, kind of making fun of Cramer's uninformed position on the company and stock.
Talking about the 'horrible' numbers and asking why they did not pre-announce, Cramer trying to make a Mt. out of a molehill. The CEO reminded him they were only off by 1% on revenues and the guidance based on timing of orders kind of ruined Cramer's story. But facts don't count in Cramer's clown show.