Does anybody expect a decent 4th qtr report for RD? I am expecting another disappointment in earnings. Historically, when I worked at Shell, when profits were expected to be bad for the quarter, everything except the kitchen sink was written off to get it out of the way for a better qtr ahead. I suspect the same will be true for having a new leader in January.. He will want to start with as clean of a slate as possible.
1). 9 straight up days for a $ 4.43 gain since 10/9/2013.
2). More volume than usual the last 2 days.
3). Seems to be getting out of the 63 - 66 trading range.
A). Does somebody know something that most don't and setting up everybody for a fall?
B). Does anybody believe that Q3 profits will be that great to pull RD out of its current trading range?
C). I do believe RD in undervalued but just don't believe investors are waking up to start buying RD.
I am just curious as to what our great RD board thinks. I am one who basically, holds my RD but does some buy/sell during the year. For my way of life, I can just live off the dividends.