Can't sit in your offices and judge this industry. Anybody in construction knows that residential building is booming . Just ask your local building dept., a builder, a rough carpenter, a plumber, an electrician or a local building materials supplier and you'll wonder why the Pulte's of the country aren't skyrocketing. If it isn't evident now , it will be soon . The demand for new housing is increasing daily .
Just get out in the field and look around . Oh, forgot to mention ask a realtor about the demand for new housing.
At least the analysts I've read have been predicting $25. But I think new construction is more prevalent than many think so $25 may be too conservative. I base that thought on building departments comments and permits issued. Pulte is leading the pack in Michigan.
Lots of selling and a dropping share price can be attributed , in my opinion, to the vote for a reverse split which in my experiences has never worked out in favor of the shareholders. Expect more big holders to bail. Ever since the reverse split vote was mentioned the stock has been weak and sliding
Sad, Sad, Sad!!!!
Subs that have been dead for years are now sold out and expanding. Wind ,fire and flooding are creating big demands for new housing outside of Michigan. Pulte in my opinion is going to very busy for some time to come.
To sign more talent you know what I'd like to see and think would work really well? Give each new client a signing bonus of 1000 shares. Alot of these young people have never owned a share of stock in their life. As owners of WHLM can you imagine the conversations at cocktail parties, with friends, and with potential clients.
Moreover as owners they be loyal, hard workiing and conscientious about promoting the company and seeing it do well. A small $140 investment could yield, I believe, some pretty hefty dividends.
What do ya think Breeze? Would new clients be standing in line to sign?
.....but encouraged by management's statement that earnings were hurt by hiring "key personnel to execute the company's strategy of increasing value to shareholders........"
Too bad it hasn't worked so far. Maybe next quarter. Just hope it's not a BS statement.
Wasn't the SEC established to keep the market honest? The SEC head should be fired immediately.
The Ford family would rather be in the limelight and be celebrated as "do gooders" than to see their stock go up. After all they sure don't need the money. Notoriety and power becomes more important when your worth billions.
Don't like it. No history. If you're interested in a penny stock check out GOJO. Has many patents and a new product coming out and will be involved with Apple. Or look at WHLM, a leader in it's field of high fashion models, athletes and movie stars for years as a private company but is now public and selling for only 15 cents/share. But not for long, I think.
First the promoters buy. Secondly their subscribers get notified. Lastly the pick is put out on the internet . After the public gets sucked in the first two groups start unloading and it looks like it has already started.
They made a mistake this time however by picking a stock with a message board.
If you look at past picks you can readily see that this is nothing more than a pump and dump scam.
I like Ford, I own Ford and I'll keep what I have but won't buy anymore until they stop the spending and start saving. Who knows when another crunch happens and catches them in dire need of cash to meet obligations.
Some analysts think the same way. Could that be the reason that Ford is stuck in a rut? I think so.
Instead of reducing the debt load would you have a problem with Ford using the money they blow up or give away to buy back some stock? That woulld help shareholder value.