It's SO simple...just pass a law banning guns. Then, they'll all go away and no one will get shot anymore. I mean, REALLY...it's just like drugs. We passed laws outlawing drugs and they just all went away and no one has a drug problem anymore!
Laws only work for law-abiders...and that's NOT what we're dealing with here.
...and, it seems all the R&D at Pfizer is happening in the accounting department. This company hasn't developed a product for/by itself in ages.
Can't find any news.... What is changing today? We've known of the spin-off for a while. Can it suddenly be worth $2 more per share?
All I'm sayin' is...IF BLDP has a future of $100/share based on a viable product and solid prospects, a company like XOM (for example) will know it long before the general market and will buy them up at the much lower premium. You would still make some good money but more likely, the question on your mind might be...Hey. I lived and died and sweated out decades with this developing company. Now that payday is here, why do I only have $50,000 and I'm shown the door? Why am I not one of the new millionaires?
If BLDP ever takes off (and it has been over 20 years of stumbling/fumbling) you can be sure industry insiders will know it long before Mom & Pop investors. Your $2 stock may become a $10 stock and then will be bought out by a multi-billion $ multi-national for perhaps a 50-75% premium of the stock price. The real NEW millionaires will be the folks with all the DSU's, not Mom & Pop with their 2,000 shares. They will merely bear the downside risk to keep the stock afloat 'til the insiders possibly win the game.
Remember, Mom & Pop are BUYING their shares. Insiders are being GIVEN their shares as part of compensation...but they're getting a paycheck and benefits too.
I love the posters who need to average Exxon's performance over say...50 or 60 YEARS...to defend what a great investment it IS. I would say WAS. Kind of like an 85 year old man saying he's a great investment today by showing you earnings statements from back when he was 25 to 55 years old.
XOM does provide a niche for investors. It's just more like a bond or Money Market than a growth stock. Now, let's wait for the split-personalities shill to chime in with "Fine by Me." Wonder which one it will be....hmmmm.
The XOM cheerleaders are paid shills. Just call one out and they magically appear to answer you. It's like one lone goof logging in under dozens of identities depending on who needs to talk. But...the tale of the tape shows what the market thinks of XOM.
Since XOM insiders are playing the Stock Awards-to-Buy Backs game and cutting the average shareholder out of the money, I expect the XOM stock price will fall to render a pretty consistent 3.5% to 4% yield. It will stay in that range until management does right by the shareholder who can wait things out so long as he's getting an OK yield slightly in excess of inflation.
Haven't heard from the "gold card" people in quite a while. The "white card" people, however, are on my phone and in my mailbox every other day. I've never seemed to be so important to any company as a shareholder until now. Tell me, please...why did it take Peltz to make DD suddenly care about me? He's done THAT for me, at least...and that's more that DD has ever done!
Unfortunately, buybacks are little more than insiders manipulating shares outstanding so they can achieve their EPS goals to get their bonuses and options. They don't really help the average shareholder...they simply take the $ belonging to all shareholders and cycle them thru the hands of a few for the benefit of a few.