Show us how smart you are and give us some stocks to buy. Tell us about the stocks you own. Do you just have your money under a mattress or are you an investor?
Everyone but KID realized that the earnings and guidance for UTX was not good. They ran the stock up to $120. I would hate to be the fool who paid that for the stock. I was amazed at how the stock performed after the earnings but looks like reality is setting in. Interest rates will be a real problem for the companies with overseas exposure and it doesn't look to get better anytime soon. When fed raises interest rates like it is projected to do this summer the dollar will get stronger and the Euro weaker. I must admit I am stupid when it comes to interest rates. They tell me some of the debt instruments in Euro are trading with a negative interest rate. Who would buy a debt instrument when you are sure to lose money? For that matter who would buy a 10 year T-bill in this country paying 1.79%. We are very lucky to get the 3.5%. The bull is 6 years old and I wouldn't have too much money at risk. Keep the money in stocks with domestic exposure. Only KID is able to make money in this environment.
UTX only beat the numbers if you go by Zacks projection for earnings. Zacks is not the only firm following UTX. If you go to the fidelity web site and check out earnings for UTX you will find there are 18 analysis following UTX. Their projection for earnings was $1.62. If you want to choose one analysis and tell everyone they beat that is your choice. The street does not consider it a beat.
Thanks for the information. Once the news comes out it is too late. Probably explains why the stock was down so much yesterday. News is probably factored into the stock price. As far as buying the acquisition it is most likely factored in. Too late to sell the stock. Just hang on and collect the dividend which is coming soon.
You sound like the person who said let them eat cake. So you think we should starve the children. Your a very sick person.
We all know the post and we all know UTX had to reset the earnings by 6 cents. This is the first time I can remember them doing this. They missed the number they had put out there by 6 cents. The new number analysis were looking for 1.62 and that is what they got. No matter how you see the report UTX is going down. Problem is they see bad things looking forward. One of the bad things is the currency devaluation going on with the Euro. Your going to pay for not listening to what I told you. UTX will have a problem as long as there are problems in Europe. Investing in companies with oversea exposure in this environment is not wise. UTX is not the only company with earnings problem due to the Euro.
Believe UTX said they were taking down their earnings by 6 cent. I really had no prediction for earnings. It is my understanding they met their number of $1.62. Not sure where you get the 1 cent beat. You got some way of playing with the numbers? I am pretty sure the street will take them down tomorrow so if you are holding the stock do not think you will be happy. Doesn't matter to me since I am not holding UTX. This is only the beginning if things in Europe do not get better. Do not think holding a company like Utx is very wise.
Why didn't you tell the rest of us what was going to happen? So you knew ahead of time that Verizon was going to announce a pension issue? T has already announced the pension issue so it may be factored in. Yes we all believe you picked the high for the stock: ).
What confuses me is how you jokers fall for the same old thing year after year. I would think someday you would be able to figure it out. The republicans tell you to just give all the money to the top 1% and everything will be fine. They will create more jobs and happy days will be here again. Now there is a McDonald's on every corner, we have more jobs but the economy is still a mess. Let me explain it to you. The problem we have is the golden rule. Them who have the gold have made the rules. You boyz better figured it out soon while there is still time. You ever wonder why we have such a problem with crime and these jokers going overseas to become terrorist. When you have nothing you have nothing to loose. That is the result of giving all the money to the top 1%. You think about that when you cast your vote for some joker who tells you to give the money to the top 1%. You could be the person in a shopping center when someone with nothing to loose decides to go on a shooting spree .
Apparently the market liked it. The stock closed up despite all the clowns saying we were going down.
All the ignorant people that were looking for a big hit were wrong. T will probably end the day up. These people who were trashing the stock were just showing their stupidity. Obviously they know nothing so best to ignore them. All boards have stupid people like them.
Anyone have a guess as to what the earnings will be on the 27th? Believe they said they will miss by 6 cents. This first time I can remember of UTX missing their earnings. The stock price doesn't look to have factored this in and what if the miss is more. What kind of guidance do you think they will give?. The cost cutting they are talking about may not be enough to keep the stock price up. I know they want to blame everything on Louie but think there could be other factors at work. Anyone consider the effect the Euro is having on the earnings. When UTX converts it's Euros to Dollars their numbers go down. Europe getting ready to start devalue its currency which will not be good for the multinationals doing business there. The fed says it is getting ready to raise interest rates which will give us a stronger dollar. All these currency adjustments could have a big effect on UTX's earnings. Not looking for anything good to happen with earnings. Might be best to go to the fix income fund until after earnings. What do you think KID? Are you expecting good numbers from UTX?
Are you getting out? What is your purpose here? You just want to help us out by giving us your wisdom? Think I will hold mind because you are wrong. Don't know where you get the 26 number but it is stupid. Not going to happen. What kind of person enjoys watching others loose their money. Your very sick.
You are looking at the wrong place. It's the economy that is going to matter. That is what will guide UTX. Look at the screwed up interest rates and what is going to happen if the FED decides to raise them. The FED has the markets really screwed up and what they do from here is going to determine UTX and all the other stocks. Just because they got rid of Louie means nothing. The rest of the team is still there. Nothing has changed.