Look at this five day chart.
At 9:45 a.m. yesterday Caterpillar was trading at $720.49 and then 3:51 Hours later it was trading at $676.95. That's an interday drop of $43.49 or a $12.40 per hour drop. What caused the drop? Bad news about the U.S. economy. Is the stock that fragile? What bothers some current shareholders is the infrequency company news releases. Yet thnm again, earning reports tell the entire story. Investors need to hear more about a better plan to go forward. One possible solution would be for Caterpillar to spin off different divisions while still maintaining partial control. The gold miner Barrick for example is now announcing a new public offering of a subsidiary that would hold it's North America gold assets. Caterpillar could do the same, perhaps spinning off it's Solar Turbine division now operating as a subsidiary. That could unlock hidden value. Here is what Ai says about the advantages of making such a move.

All I know is that the stock Caterpillar is becoming a less friendly company to trade options on. Other traders already know this. Very few option traders trade Caterpillar options. Now this on the following day at 10:35 in the morning.(Feb. 5th). Caterpillar is down again.
That makes for a drop of $69.00 since yesterday morning. See my Feb 2nd blog "Caterpillar Calls Again". ** Friday was another suprise.
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Look at the volume of trading in one series of Calls on Friday. Trader's are afraid to trade them. Caterpillar is on steroids. These Call options went up tenfold. Friday's this strong are a rare occurance.
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