i have plenty of class and brains , but i am frugal person and
cannot justify wasting such on the tripe of board trolls ..
anytime you want a decent discussion or argument ,let
me know , but i'll bash the daylights out of you , if you stick
with wornout platitudes and headlines with no analysis or
dd ... garce
as oil/gas prices stay low / or continue to go lower , eventually contracts for pipes will
be negotiated for lower prices ..
there is no doubt that the pipe operators are like auctioneers and stock brokers ..
they make money regardless of how their clients make out , but there are tipping
points ... when insts and people slow down with stock trading activity , the brokerages
get hurt at some point , same for pipe operators ..
the pipes don't have to worry about price fluctuations that are short term , but the
longer periods of high or low prices come home to roost ..
as always , with anything involving risk .. caution and patience are the watchwords ...
never try to :
1) time a market
2) catch a falling knife ..
there is no urgency here .. once the bottom is reached , prices will begin to rise but
will not double overnight , but as revs and cash flows fall , the debt servicing picture
changes and the rating agencies start to downgrade debt and so on... later .garce
i believe it's pretty safe ... even it our OLED screens do not wind up
to be a viral success , there will still be enough applications to make
it profitable ...
for now .. all of the big guys are biting off way more than they should ..
trying to get HMD's to be the endall beall for gaming and such ,
when a great HMD can enhance movie and tv viewing .. games are
requiring a lot more development on the software side and may still
be quite a ways off ....
yes , gold is so versatile , also ... you can boil it , braise it , bake it , broil it , fry it , or just plain eat it
raw ... it's also delicious to sip in the back yard on a hot day and in the winter , you can wear it to keep
warm ... oh yeah , you can also look it at for hours on end for pure entertainment ... no doubt about it ,
gold is one precious metal !!!!!!!!!!!!!!!!!
maybe even lower .. there's a lot of dust swirling .. especially from China .. is their market getting crushed
because of a market event ? or because their economy is slowing . if the latter , then they will import much
less gas / oil ...
on other other side of the coin , are those nations strapped for money who will pump at almost any price
just to get some income ..
we have seen a major turn of oil and gas , starting about a year ago .. no VEE price recovery , probably
no recovery for some time to come ....
i have a side bet with a friend that you will not respond to my reply ...
just wondering how someone , like yourself , seems to enjoy , continuing to make a jerk of yourself with
these stupid posts ..
if indeed, there is more trimming and pruning coming , that's a good thing that will result in a higher share price ,
every single one of your posts is all about bashing BMY and it's stock ..
most of have noticed that the stock has gone from 17 to 67 and kept increasing the div ...
i have to believe that you were let go from BMY at some time ... just like the poor girl from Washington
Square , you carry a torch forever .. pitiable to be certain ..
you could have made up a lot of ground by buying BMY
we're in the "eye of the storm" ..
they won't even do as the old soldier does and fade away .. .
wait'll the first week in August .. or if there is a decent price rise before that ..
also with the Greek and China events , they have other pastures to graze in
it's best to be prepared for worse conditions ...
lots of the data that we receive is fuzzy , at best ...
China's woes could be real or ??? ... if the CHinese economy is heading south , they will buy
less oil / gas and who really knows how much they are buying today ? and from who ?
might be a hammer for Russia and a bug bite for other exporters ..
for now , oil and gas are going through the laundry and it's best to wait and find out what comes
out in the wash ...
there certainly should be no hurry for anyone to buy energy stocks , it's not like prices will
bottom and then take off .. more likely prices will hit bottom , rally , then retest ... might even
see double and triple bottoms before making a lasting recovery .. you won't lose anything
by waiting , once the next real rally gets underway , you can miss the first 10-15% and still
make a bundle .... garce
keep watching and see more ...
hedges are expiring and if oil stays under 60 for another 6 months , declines will continue ..
also , as cash flows (with all energy companies) start to decline and threaten debt servicing , there will
be bond downgrades and more price destruction ..
consider that oil/gas has been booming for over 5 years .. it only makes sense that a decline will
last longer than a few months ..
further price destruction will fuel some interesting mergers and buyouts .. .g
one of the objects about owning a stock like VZ , is to hold long term and
take advantage of the down times to let the div reinvest buy more stock and
also to let the div increase ..
Kilroy bought in 09 , i started buying in '08 and kept adding ..
my cheapest shares were bought at 31 ... that means that those monies
are now earning over 7% !!! why sell , just because there is a price swoon , or
a period of being range bound ...
a stock like VZ is like having a sore manhood .. you cannot beat it !!!
i will thank good ol' Alan G .. those rediculous 1/4 point increases set up Bernanke for
a huge mess .... Greenspan should have jerked the rates a full point early one , then
use the 1/4 points to reinforce ..
of course .. while everyone is watching those 2 , the Chinese markets dumped $2 trillion in one day and
looks to follow through this week ...
because he read about that somewhere ...
with oil down 4% , i doubt that a flight to safety will land in the oil patch ..
we'll see and learn .. .
i just heard that the Euro is taking a hit from the Greek mess .. that's just going to strengthen the USD ..
and throttle US exports ... i have to believe that our markets are going to take few hits along
the way .. g