Quote:
Originally Posted by lamboguy
you must actually believe that the demand for Pepsi Brands is going to prevent it from the stock ever losing money or going out of business.
i can bring you back quite a ways, maybe before your time. Eastern Air Lines filled up something like 96% of their seats every single day of the year. they charged all types of money for their tickets. they wound up going bankrupt and out of business with that success. something with Pan American Airlines, Trans World Airlines, Branniff Airlines. now switch business to computers Digital Equipment had unreal technology for their computers, they were able to work on big margins and sold lots of hardware. bankrupt and out of business. Wang Computer, same thing. now go over to food, Chikita Banana was the largest and probably the only banana company that i have ever heard of, they had tons on sales and wound up going bankrupt, wiped out the share holders, reorganized and back in business. there are thousands of other companies throughout the course of time that this has happened to. look at all the automobile companies that went under like Desota, Studebaker, American Motors. all had great business plans with lots of sales and all are gone now.
when you buy or sell any equity, all you are really interested in is the supply of stock and price. everything else means ZERO. you might want to handicap a stock because you think they have great products and you think the companies will grow. in my opinion, Coca Cola, Pepsi and Mcdonalds are al priced to perfection. one small hiccup to do those stocks in for long periods of time.
when you have insiders dumping large amounts of shares, that never means that he thinks the stock is going up in price. it usually means he thinks the stock is going to tank.
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Your taking about 50-60 years ago when people didn't need planes cars and computers to survive....
Chiquita didn't go out of business its was a decision to sell out...after shareholders didn't want a merger so board sold them to most likely a drug cartel in Brazil....
You think they just shipped bananas ...hahahaha
Man, I thought I was Mr Debbie Downer....
You top me 10 fold.....
