One of the main reasons he gave for buying the railroad was Ethanol - make that CORN BASED ETHANOL (remember Iowa votes first!)
All the corn that gets carried in, the by products get carried out. And the Ethanol itself is too corrosive to ship by pipeline so it goes by rail or truck.
I caught part of Warren on CNBC today and I think he differed from the current president on Keystone.
I agree. Doesn't look like a time to be selling at all.
I still have 6 lots left. I traded lots (usually one at a time) for a gain of 7.41(plus dividends) on 5 easily found trades with AP since the beginning of 2013 in various accounts. These shares that just sold I booked 2.70 on in 6 months plus a divvy or two in this market.
"scale in, scale out, online commissions are cheap"
But yes, the future is looking much different for this company now.
I've been busy with other investments(not so much stocks) since the end of Jan really.
But I used to trade SMH's a while back. I assume they are ahead of themselves as well.
Sold some today at 20.35 that I had purchased on 8/27 for 17.65 and grabbed some dividend too.
I had actually forgotten about that sell order. But often I do this - palce immediate sells. I traded 6 lots of AP in 2013.
I still have 6 lots left now. With the new news about the BOD I'd have cancelled this sell order had I remembered about it.
But it is prudent to book a nice profit when you get the chance, and I do have shares left.
Good luck folks!
He'll likely be back with a different ID.
I've been preoccupied with offline investments. I even funded a new Fidelity account a month or so ago and haven't even logged into it.
I did receive some UTEK on the options expiry last week.
Just setting on my KLIC.
Watching my AP and IIVI move significantly. Mario Gabelli is adding folks to the very small AP. IIVI has been dead money for way too long, and I blame management who were terrific for years. They do have a buyback in place but I'd hope they wouldn't push the stock higher 3-4% in a day with a buyback so I'm not sure what's going on.
I see KLIC has a PR about an internal promotion today in wedge. I still view wedge as the weak link but haven't done DD on it lately.
Wow - something useful! Instead of some thing destructive. This way if one mistypes(as I've been known to do) I can delete it and clean it up.
It's almost amusing how they can't stop that constant SPAM for the one website but we can't post legitimate links even to Yahoo itself.
Yes it was. But I've seen some awful strange options bets payoff big with IIVI - usually more around ER rather than expiration though.
I can't believe they would potentially come in this hard with a buyback all in one day. I don't see any real news yet though.
You'd think the "crack" Yahoo team that stops posting of legitimate links could prohibit anything with that name in it from getting posted. Them they will change the name, and Yahoo can test for that name. You gotta believe it'd be easier to jsut track to IP addresses.
Makes me wish I had added more recently. The stock had been acting good the past few days...
Not enough to make a difference since recently the market cap was over 1 billion, but a nice idea.
Hey - atleast it's not another aquisition!
I'm still seeing spending and promises.
Tempting, very tempting but I'm still not adding yet.
In my opinion they have truely lost their way.
Sad but true.
KLCI down 6 cents to 11.58 .52%.
DOW down 1.66 NAS down 2.66%, a lot oh high BETA tech's really taking a hit.
KLIC and UTEK holding up better than INTC currently.
Too bad I won't have time to monitor the markets today.
I've had buy(replacement) orders going off almost everyday of the slide since the beginning of the year.
I'm slightly above 10% cash mostly due to my holdings being hit a bit. But I was at 20% cash in the fall.
Good luck folks!
Really appreciate you hosting this again...
I'm thinking perhaps our worst year?
Congratulations on you win, an impressive performance.
You'd think the Yahoo police who stop legitimate links - including those to Yahoo could do a simple search for the website this SPAM has been posting about for weeks.
I'll be out likely all day. Looking like market wants to get ugly again. ANd it's friday so othere likely won't be any strength at all.
The fed wasn't successful enough at causing inflation YET...
This would certainly help, and make us less competitive with the rest of the world.
In the meantime regulations have atleast all the smaller manufacturers I'm firmiliar with afraid to do anything to do with expansion (employees due to Obamacare) with regulations(afraid to purchase old manufacturing sites incase regulations are tightened up and they suddenly become additional liability), tax rates, etc.
These are personal hands on observations from 30 years dealing with these folks. Not regurgitation by a "scholar" that thinks they know what's best for the masses.
Get out of the way of these small businesses! Let them expand and hire!
Even the presidents small business roundtable didn't have any small businesses on it! GE, BA, etc, large UNION company's. News flash - they aren't small businesses!
I'm done for now.