Publish or perish mentality, i guess. What about those notes when the current price is lower than their target, yet they still downgrade the stock - i've seen that one.
I'm buying a little each month thru their plan. Nothing big, but I see the price around 95/per as pretty good. I would be good if the company would increase the dividend a little more, and not pay the CEO so much - the pay seems excessive. I see there products as not going away and growing though. I don't think this one has much going sort-term.
Ok, so I started reading into that Forbe's doom and gloom article about "showrooming". And I read to about the 4th paragraph which states:
"It’s based on responses from 14,925 Amazon customers who researched products in stores from nearly one billion U.S. location data points.'
I don't know who, but this thing is being held down by the powers that be. Whatever they said about the sales coming up soft, and they powers say no more mister nice guy.
The thumbs down was from someone who missed getting in early like you said. It seems it is a quick profit now. - C'est la vie.
Some BS analyst downgrades, but stock is probably due a breather. A better price would be good to pick up a few, but this never sells for cheap.
Wow - '71 - congrats on being a very long-term owner, and having helped your 3 children thru college.
I picked up my first shares around $ 77-88 between 2008-2010. It was still selling for about 16-18 X back then. Been reinvesting the dividends, and outperforming nicely.
You probably meant $52 billion market cap ;)
My opinion: Unpredictable earnings. I think the street prefers companies that have some consistency. Last quarter they missed expectations.
There's a small article in IBD about the irrigation business being called "tough" right now.
I own VMI, not LNN, but VMI has been selling off as well of late.
I could see this company being gobbled up by another med. device, company in a move to consolidate. Maybe a merger with TMO, or buyout by a JNJ.
Funny - well this and other boards are mostly dominated by spam morons. I don't think yahoo does anything about it because they liken it to activity to 'sell' more ad space. I have ad blocker so I don't see any ads any way, nor do i click on these spam 'reports'. Anyway - back to MRO - I think MRO doesn't even care whether they meet expectations but more about creating value for the shareholders. The spin off was a value creation for sure, but I think one poster mentioned the Oil's CEO as the problem, and I tend to agree with that.
Somewhat interesting seeing stories about Morfit G Mason, one of there larger shareholders, a director on the audit and finance, selling multiple batch of 100K shares - they stories posted seem to be unique as the price quotes are different. Obviously Mason has a lot of shares - 984 - according to 'yahoo'. Thoughts?