RE:RE:RE:RE:View of the Acquisition by the Bond Rating PeoplePerhaps.."Sticking to your knitting" is great if people still need your knitting.
Skill testing questions for you my friend.
1.....How many companies that are currently in the Dow30 were original members of the Dow?
2...the Dow expanded to 30 companies from the original 12 in 1928. How many of those companies that were in the first Dow30 don't exist anymore?
Not going to tell you...lol....look it up.
Hint - answer to Question 1 - very few
Hint- answer to Question 2 - many
As I said before in an earlier post, the economy is like an ecosytem and in that sense it somewhat Darwinian - survival of the fittest and survival for those that are able to adapt to change the best.
The private company that I am talking about has a technology to produce localized electricity at a very cheap price that doesn't rely on the grid.. The fuel it can use? Anything from natural gas to biofuels to renewables to hydrogen. Wherever the world goes, they will be there. SU can only be there under only one scenario. It may work out but they are essentially a one trick pony unless they get involved in other things.