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Replies to #76455 on Biotech Values
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DewDiligence

04/23/09 1:32 PM

#76458 RE: corpstrat #76455

[OT]: Dead CAT bounce, perhaps? (Sorry, couldn't help myself)

:- ) Seriously, though, CAT is off slightly today, but it’s up since reporting on Tuesday that business is really bad and is probably going to get worse before it gets better. When a companies says stuff like that and the stock rallies, it suggests that the bottom is in.
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jbog

04/23/09 3:35 PM

#76471 RE: corpstrat #76455

OT Corpstrat,

We have to remember we're still in the middle of the 06 $450 billion transportation program, they just don't know where the bridge goes.

The $8 per week tax cut is a waste. If it were an one time payment it might have helped with their credit cards.

Besides that, all the stimulous bill did was to allow the states to continued their crazy programs in place.