Dogs yes that was a drop and more today. Believe the shooting is close to done. I had sold all but 200 hundred shares so It didn't hurt as it could have 18 to 24 months back. For those that hold the stock here is some info that may help you decide what to do. Since Fred took over the company he has let close to 20000 folks go. In some case only to have to get someone back because of poor planing. In many case it's someone new that has to be trained and that cost money and takes time. Word is The R&D has been cut close to half. Sooner or later no new products in the pipe line and your in deep chit. One new product that was to go on line this year has failed. It would have helped sell more of the bigger A/C equipment. This is big dollar making items. Fred has about 16 to 18 months left before he will leave. It is said the goal is $50 a share by that time. Seemed good at one time.
Im sure all will be done too make this loss up. Once you get close I might think hard about getting out. In your case Dog's where you got in on the run up and split. I might bail out if you see anything over 42/44 area. Im just not hereing good things from many friends still there. I don't like givieng advise I hope this info helps. Since most here like gambling im sure you all will hold for that $50.
Im sure all will be done too make this loss up. Once you get close I might think hard about getting out. In your case Dog's where you got in on the run up and split. I might bail out if you see anything over 42/44 area. Im just not hereing good things from many friends still there. I don't like givieng advise I hope this info helps. Since most here like gambling im sure you all will hold for that $50.
