Replies to post #339384 on ORIONS Money Stocks

[Dobie Lama]

PAL- Well, if CAT did take a peek at the earnings report and decided to provide financing, the report cant be that bad.

quote]To further back up this assertion, PAL has recently been negotiating the acquisition of equipment from Caterpillar (NYSE:CAT) using Caterpillar Finance at attractive rates. Caterpillar would not likely be willing to do this unless it viewed PAL as a reasonably stable concern. It seems a virtual certainty that Caterpillar has gotten a good look at PAL's books. PAL stated in its Q3 2014 earnings report, "a major recent agreement at very attractive rates was agreed to in the third quarter with Caterpillar Finance." This sounded like at least some purchases would be made soon without PAL having to go to find extra monies from anywhere but Caterpillar Finance. This is one more encouraging sign that PAL has finally turned the corner.
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[wooish]

REE closed my position. This one gave me heart attack.