Farm prices have been thru the roof because ethanol has created artificial support and driven incredible ag prices which has caused rent on farms to skyrocket along with land prices.Gov,ethanol legislation has changed ethanol plants are broke and converting away from corn to corn stalks .We missed the recession but now corn prices have dropped precipitously and rents are also dropping.We are facing another farm recession that will affect Deere and its sales , although less now than in the past because of partial diversification and marketing beyond the us markets.Lets hope the rest of the world can recover and pick up the slack.Love Deere but you need to know there are issues confronting us that are going to impact this stock.
We may disagree on the direction of this stock currently but anyone truly familiar with its history knows George is a rascal and is always working the deal.If hes releasinf numbers early it is either because they are good and he manipulates it up or bad andd wants to deal with the bad news early for equally manipulative reasons.Either way it will be interesting .
Vboat apparenly you cant read .Officers of the co have been buying regularly including purchases in Nov,Dec,and Jan.You see an officer is an insider .You must be very frustrated broke or have a very precarious position in this stock given the low class name calling and the inablity to recognize a fact.
This quarter are you kidding.They are selling the sh.. Out of their products and China is just the start .this pe is a joke buy and never sell again Even the competiton which includes every other company on the planet only competes by copying the apple products and adding a twist to market it ,like size shape color etc.
The world economy simply can't move without shipping.Try moving coal or tractors by air.So long term it will have its highland low periods but it will soar again at some point.Is it now with the world recession waning?
Wish we would get out of the finance bus.However the company is great overall and except for ge cap we would have been light years Head