Where do you think they will get the money to do this? Are they going to issue more stock to do this? Did you ever hear the saying fool me once shame on you, fool me twice shame on me. Do you want to be a fool all your life. It is just some stupid shell game they are playing. They will tell you whatever you need to hear so you will buy their stock. When they issue their earnings report that should explain why you shouldn't buy their stock. It is all about the earnings not some stupid game they are playing.
They can't pay their debt off. They are losing money. When they declare their negative earnings you will see what I am talking about. If a company has to resort to a reverse split to get the share price up that is not a good thing.
Ignore treword77 and he will go away. His joy is from getting reactions to his post. Stop reading his stupid $hit. It is a waste of time.
I'll be putting you on the ignore list also. You have nothing to contribute to anything. Your just some stupid old man with nothing better to do.
Treword only objective is to trash T. Put him on your ignore list. Not going to see any off his stupid $hit anymore. Stop answering him and maybe he will crawl back under his rock and leave us alone.
Big mistake. Earning are coming up. Think they will be losing money again. Not good to own a company that is losing money. No telling what the dividend will be??????????????? Their dividend is not guaranteed.
Great trade. I am sure your trade was real since you came to the board and told us ahead of time what you were doing. I like to see people making real money. Not a big fan of someone coming to the board and telling us they have traded UTX 11 times and made money when UTX has done very little in that time frame. Anyone believing that fantasy and trying it is sure to lose money. Guess they figure that makes them look like a smart person but too me they look like a clown. As you know I have a different trading profile. I consider myself a market timer and the only stocks I hold now for any length of time are the high dividend stocks and they are in my Roth Ira's. I usually write calls of them and never hold them for too long. With the kind of market we have most everything is going up. I have to do that because most of the IRA's pay nothing. You are still working so you need to assume more risk to accumulate wealth. Hope you can make enough money by the time you retire where you do not have to assume the risk. I was lucky to have lived at the right time where I could make my money trading the oversea markets. They have essentially taken that away so I have to be content with the 3.5% and jump in and out when I see an opportunity. Never with too much money because I have made mine. GE is doing the right thing by getting out of the financial business. I currently use GE online banking. They are paying 1.05% which is the highest I have found. Most of the other online banks are paying 0.9%. Not sure what is going to happen with all the countries printing more money but it can't be good.
You are telling us they are going to cut their dividend. What makes you think you can short the stock and make money if they do not cut their dividend. Are you really going short? You think that is a wise thing to do?
When T doesn't cut it's dividend in May will you stop posting your stupidity? I think you should put all your money into shorting T. A very wise move.