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.