Kiss Of Death, if you ask me.
GM stock is already a disaster.
Chance to watch shareholder value go up in smoke. Forget paying off the debt just worry about entertaining the community for 20 minutes. And above all forget the shareholders. Great thinking Ford management.
.....if Ford has extra money it doesn't go to the bottom line to enhance shareholder value it goes to community enhancement and entertainment. Ever hear of the Ford Fire Works? There goes some shareholder value up in smoke. But that's only a million dollars or so and doesn't compare to millions given to charities ,sponsorships etc...etc. Ford needs to treat and reward their owners before the world.
Instead of giving pens, hats and mugs away at the HPTO Marcum Conference booth give curious investors a stock certificate for 100 shares of HPTO. Probably cheaper than a hat.
Do that 100 times . Now you can list a whole lot of institutional holders. Cheap, Impressive and easy,
What do you think fellow investors? Doable? Crazy? Legal? Some how more interest and exposure has to be generated.
Three huge Pulte subs in Oakland county Michigan that I'm aware of are building and selling at a pretty fast clip despite the terrible weather conditions. When the ice and snow melt I can only imagine how much faster houses will be popping up. If Pulte is doing this across the country you can bet revenues and profits will be up substantially for the year. Common sense tells me Pulte can only go up from here. I've never seen activity like this before in the area.
The reverse split was the "Kiss of Death" which seems to be the norm from my experiences. Been in this stock since its infancy as a shell company years and years ago. Thought maybe new buyers and an actual company with history and industry leadership would make the long wait profitable. Not so as of yet. Kind of disappointed the way management ignores shareholders. Hope they treat their clients better.
Yep. as someone predicted the reverse split ,as in most cases, was the "Kiss of Death" for Citi. The paltry dividend should be used to reduce debt . The decisions being made by management are just plain "Stupid". Period!!!
Until debts are paid , no dividends. While your at it stop giving zillions to charities. Ford analysts and shareholders all say debt is the big obstacle holding Ford back. Some of us own stock, bought years ago in the $30 range plus. What a disaster its turned out to be.
The reason for sales being down is because PHM hasn't got the lots to build on but are fast rectifying that problem with many new subs .Their research evidently shows strong continuing demand. I see the demand. Why don't you?
Within ten miles of my house PHM has broken ground for 3 large developements that I know of. As big and aggressive as they are many more are probably in the the works country wide. PHM is obviously very optimistic about the future.
...the "Kiss Of Death" is upon us. I can't think of one reverse split situtation that I've been involved that wasn't a disaster. Could this be different???
Common sense observations tell me Pulte is going to have some pretty strong numbers soon. Also they are one of the cheapest homebuilding stocks right now. $23/share is certainly a possibility, maybe even on the low side.
Pulte is going gangbusters in Michigan, selling everything they build and developing new subs. Also they are helping demolish abandoned homes and burn-outs in Detroit. I have a feeling they will soon be helping to rebuild Detroit. Pulte is definitely moving forward aggressively in Michigan.