Too bad I stopped my divi re-invest over a year ago, but I moved them all to a Roth Vanguard index Fund VTI. Now we just need an interest rate increase and we'll see earnings explode. Based on the 4Q increase, job numbers should be very good tomorrow. OVER $60 Soon.
Just put out 12 Bil in bonds. Why not. I would also love a stamp of approval from Buffet. He bought us at a higher price and LOVED what he saw then. Oil always bottoms, and the leader with a large moat is on sale at $29 with a HUGE dividend. In fact, I'd love for him to take out his elephant gun and buy up NOV completely. They also have great management that he could leave in tack and would compliment his other energy businesses and investments. Another reason to buy us. Insight to the turns on the market, positive or negative. Buffet has his finger on the pulse of the world economy. He even has owns a real estate company. Every aspect of the economy, he owns. He knows when it will slow or grow way before anyone else. That gives him one hell of an advantage.
Sentiment: Strong Buy
If the floor increased by 6%, then the buyback threshold should be at around $129. Plus bro-Buffet and his bro-tein shake has about 60B in cash. No place I'd rather be right now. New 52 week high this year.
I was wondering the same thing. Getting nervous the may cut it, or worse suspend. I would really like some management to start buying some shares for confidence, and even better a purchase of a company, an announcement of how they been repurchasing shares. Really, anything at this point. lol
Think of the glut of NG Chk has??? Oil low where they can't make money, and a mountain of debt bigger than the surplus of oil and gas. Not a good place to be. I am staying away. PS...also US bank officers aren't buying shares of their own companies. That has me puzzled. Maybe the Great Deflation is upon us.........
It's interesting that an insider exercised at $30 only to sell at $38. That's either a very bad sign, the guy needs the money, or he's stupid. I hope it's the later. However, the thing is in this oil bubble is to experience max pain. Bubble corrections usually go way lower than they should which creates an incredible buying opportunity. The problem is getting it right, or catching a falling knife. There are CRAZY dividend opportunities out there. Also, NOV mentioned strategic purchases. I'd like to see that soon, or insider buying for confidence. Remember this Boone Pickens predicted till the end of the year, that by the end of 2015 oil would go back to $100 a barrel. If these "experts" don't know, then who knows?
Glad I sold early on before this onslaught taking a minor loss. I'd love for it to get under $70 and I'll jump back in. We'll see what tomorrow brings. I expect a good jobs #, but good news might not matter in this market.
I'm so #$%$ down here. Didn't think it could go below 33. It's probably too late to sell. If it hits $20's I may be forced to buy more. This is painful. The OIL bubble has popped. No end in site yet.
No, I'm not Kored. This looks like it was just a short term pull back and I got stopped out. He still could be right, but I'm not one to bash people unless i know for sure they are always wrong and deceitful in their intentions. I'm knew to this board, so the jury is still out. Maybe I should stick to index funds. LOL
Not sure why you guys bash the person. Good call, saved me $. Just because you like a stock, don't discount the contrarian opinion. I hope to buy this at $73 or lower based on that one article. Something is rotten in this market. It can't be just Oil and interest rate taking it down.
I sold at a very small loss. When the market starts high and sells off, it's not a good sign. Coupled with the other negative things. Better waiting for a better price, or add more BRK-B if it drops to 1.2 Book Value.
This will not be good for the market in general, but high PE's will be hit hard. Some indications of a possible recession. I will see how the market starts tomorrow and pull out with a small loss. Could find better deals soon enough. Alibaba with their Alipay could also be a threat later on. Better off adding more to Baba possibly.
Both smell the same though.
Time will tell if he is trustworthy, or a deceptive short. I will guess the later. Just a hunch.