And the women and children had priority. In the case of the market, that's the insiders. My broker thinks I'm one of the band members.
Historically they've paid out what they earned. I'm not sure there is room for a buyer, unless they cut the dividend after the purchase. Don't think I would want to be a holder under those conditions.
STOP is a minor part of DuPont's safety consulting effort focusing on at risk behavior. The vast majority of the consulting effort is aimed at leadership commitment and improving safety systems and is fairly effective. The safety group and plant operations are separate functions within DuPont and have little interaction. However some in the DuPont safety resources group have recognized for some time that their business was being impacted by slippage in actual DuPont plant performance. Some of that had to do with divestiture of traditionally better performing businesses like Textile Fibers. And acquisition of new businesses that didn't have the long established DuPont safety culture further eroded performance. That said, the LaPorte event clearly indicates that the traditional DuPont safety effort is off its tracks. And safety consults have been put in a position of 'do as I say, not as we do.' I'm sure Kullman is considering what to do with the group. They add value to outside organizations who need the help. And there are functions other than consulting within the group. There is no simple answer.
Even the good ones are being sucked down. I've taken profits and might buy back when lower. There will be opportunities for people with cash in the next couple of months.
Lewis wasn't coerced into anything. The initial announcement was August 2007, well before the Countrywide loan problems were discovered. BAC created a subsidiary Red Oak Merger to insulate themselves from potential poor performing loans. It didn't work. Lewis just performed incredibly poor due diligence. And his incompetence dragged a lot of stockholders like me down with him.
I lost a bundle on BAC. I've made good money with NYCB. You can analyze them any way you want. But any bank dumb enough to buy Countrywide's junk portfolio just before the crash is permanently off my radar screen regardless of their dividend.
due to the miss. Strange they don't get much credit on the street for an 'extraordinary' item like the write-off in goodwill. Many times analysts judge companies on an earnings basis that excludes one time items, especially non-cash write-offs. I sold 40% of my HWCC in early July, so this isn't as bad as it could be. But it may be a hard climb out of this hole. Based on the teleconference the dividend still looks good for now.
Probably depends on whether they cut or discontinue the dividend. Then it may drop to 4. I've sold others to accumulate cash to buy if it does. PDS is a good company, good people, good equipment. The old Grey Wolf group is solid, and the Canadians seem to know what they're doing. Drilling activity will eventually recover. An easy 2-3 year triple at 4.
Anyone have an idea of how much the Lannate shortage is affecting AG? Were they able to switch customers to Avaunt or did the growers move to competitive products?
Not sure why you're thinking of PDS while looking at precious metals, but you may have a long wait, depending on how old you are. Perhaps you should stick to toilet repair.