Driven by stunningly incompetent and unethical Management, DuPont has gone rigourously nowhere for more than 11 years. DD has plummeted from a peak in the mid-eighties in May 1998 to 31 and change, Friday, Sept.11, 2009 on much fewer outstanding shares. The total market value of the much shrunken DuPont has collapsed from $110 billion to $29 billion today. ...funfun..
Driven by stunningly incompetent and unethical Management, DuPont has gone rigourously nowhere for more than 11 years! DD traded in the mid-eighties in May 1998; it now trades for 31 and change on much fewer outstanding shares. The total market value of the much shrunken DuPont has collapsed from $110 billion to $29 billion today!...funfun..
Cramer's Mad Money - Obama's First 100 Days (4/27/09) [View article]
DuPont's bounce-back since January is highly suspect because it appears some traders and investors are NOT factoring in--
(a) the yearly dividend of $1.64 is highly likely to be slashed in the midst of DuPont's cash flow famine and systemic weakness throughout, and more significantly,
(b) the unfolding BIG BLACK HOLE in Pharma earnings. Over $1 billion yearly in DuPont Pharma PTOI will soon disappear with the sure and certain expiration of two DuPont drug patents, Cozaar® and Hyzaar®. These patents and their exclusivity are the only assets left in DuPont's fading and phased-out Pharma "platform".
$1 billion-plus yearly in PTOI goes "POOF"! ...funfun..
Gone Nowhere in 8 Years [View article]
Gone Nowhere in 8 Years [View article]
Cramer's Mad Money - Obama's First 100 Days (4/27/09) [View article]
(a) the yearly dividend of $1.64 is highly likely to be slashed in the midst of DuPont's cash flow famine and systemic weakness throughout, and more significantly,
(b) the unfolding BIG BLACK HOLE in Pharma earnings. Over $1 billion yearly in DuPont Pharma PTOI will soon disappear with the sure and certain expiration of two DuPont drug patents, Cozaar® and Hyzaar®. These patents and their exclusivity are the only assets left in DuPont's fading and phased-out Pharma "platform".
$1 billion-plus yearly in PTOI goes "POOF"! ...funfun..