more bad guidance.
I keep hearing ... "how we have always done it".
Nobody remembers how that ended up .. furloughs and layoffs.
call me soon-to-be-unemployed in arizona.
remember when they were saying aerospace was running for 250 just a few months ago?
The worst part will be the peer pressure to downsize people because of AI. Microsoft and others are diverting capital from unreliable wetware (aka humans) to hardware at scale now. Get a job in robotics or automation maybe a physical trade. Knowledge work is already toast.
Pre-split, I remember all kinds of shenanigans to "make the numbers" at every end-of-quarter. Shuffling around repair orders so we could "take credit" for them, only to pull them back days later (after numbers were reported, of course).
All of that pain, to "make the numbers." When it worked, the stock went up a couple bucks. When it didn't, the stock went down..... a couple bucks.
I'll never get over all of that thrash, to gain so little. And now, when Honeywell Aerospace is all on its own, and theoretically has it's Big-Boy pants on, it's down an incredible 40% from it's post-split high of $270.
It's laughable.
Still dropping .. down another 3.8%
The 52wk low is 149
You could look at this drop as a retest of the lows. If it holds that would put in some kind of floor… maybe.
Harmon now more valuable than us?
JC is a dead man walking … frankly, most of the ALt is out once the new guy takes over by Jan
with these results .. who will be the next CEO? will JC last more than a year?
Feels like takeover by a young outsider might be in order.
yeah, that kind of whiplash is rough... when the outlok changes this fast, it’s hard not to think about what it could mean for jobs. hope you’re not actually headed for one of those layoff but it’s definately smart to keep your options open just in case.