PRU went down big time because the price dropped below it 50 day moving average of 83.17
and 200 day moving average of 84.37. When a stock does this it is a major sell signal and the
short sellers jump in big time.
There is no doubt that PRU will increase the dividend for the 4th quarter payable in
Dec like they did last year. Percentage increase will be in the range of 10 to 15 percent.
PRU is a very solid growth and value stock.
BUY, BUY and BUY PRU.
UNP earnings this quarter will beat analyst forecast. UNP has smart leadership.
UNP was caught flat footed in the first quarter in adjusting to the down turn in oil and coal
shipments and they admitted it. Reduced expenses will more then offset lower oil and coal
shipments this quarter.
I EXPECT GOOD BUT NOT GREAT EARNINGS THIS COMING QUARTER.