i don't think that ATT is doing all that well in the mobile area ... that deal could very well
turn out to be a boondoggle ..
when did i say they were the best ? i have maintained that VZ is a very
well run company , good plans , good execution ... it fits me very well ..
he did the same thing with KMI .. couldn't slobber all over it enough and pandered to Richard K .. then , all of
a sudden .. nothing , but a report that his fund sold it
fact is , he has no clue how to play energy .. probably cannot believe that oil / gas has fallen so far and is
staying low ..
How many times have we heard him pound the table .. "let the price come to you" .. well , that's what i've
been doing with energy for the past 4 years ... going to continue to wait , i haven't seen what i want to
see yet ..
1) more M&A ,,, a few BIG deal '
2) bond rating agencies to downgrade debt on most companies
i doubt i will be buying before next year .. garce
i wouldn't say scary , YET .. however , since the CB's have not been able to ignite any level of inflation , tells
me that they have been battling deflation and have not yet won ...
economists have always been confident that inflation can be handled , tho' painful , they have no clue what
to do about deflation ..
the solution should be simple ... whenever there is economic malaise , the fixes all go to the top ,
that's okay for events like the bank meltdown we saw in 08-09 , stabilize the system ..
after that , the only way to fight deflation is to put money in at the bottom , like workers wages ....
but not unemployment and social supports ,
instead of calling for across the board raises , like fast food workers leaping to 15 / hr , it's time for
FISCAL ACTION ... remove income tax for the first 30k earned ... that should also be the poverty
threshold and wages should be forced to match that level of income ..
we have found out that pumping trillions into the banking system is fine to keep banks solvent , but none
of that money get to the real economy , so it isn't inflationary , but one thing that can be counted on .....
is that the lower 3 quartiles will spend just about every dollar they can get their hands on , drive
demand , drive prices higher .. garce
that wouldn't be the board where you told to "just buy it" at 44.xx and now is 35 - ? ??
use the money where it makes the most difference ... with so many shares still outstanding , a rise
of 9 cents is quite a slug .. , but i'll take it in a heartbeat , even though buying back shares makes
the most sense ...
i don't think so ...
sounds to me like you are about 15 years old , repeating some "sound bites" that you heard regarding
other companies .. each to be taken on it's own merit ..
if you are going to post such expert views on a public message board , how about some background ..
let's hear your answers to these questions :
1) how much debt was VZ carrying prior to buying out the wireless segment of VOD ?
2) what was the level of debt after the deal closed ?
3) how much cash did VZ have before and after the deal ?
4) your claim of current debt = 114 B is close enough .. so now , how much has VZ paid down in the past
12 months ?
5) have they been shrinking or growing cash on hand ..
6) what is the current cash flow rate ?
now , BOZO .. figure this one out ...
buying back a share of stock (assuming it's retired) saves $2.42 cents from div not paid . that's about 4.8% ..
most of VZ's debt is far less than 4.8% ... as a share holder , i want the money to go where it gives me
the biggest bank for the buck ... garce
yeah ?? so what .. you continue to demonstrate a complete lack of knowledge concerning
stocks in general and BMY specifically ... i care a lot more about what price BMY will
be at in 2025 , than i do for the next year or so ...
very nice interview indeed .. we've been waiting for some bigger picture scope ...
i would posit , that by 2020 , we will have a consumer product for the masses ...
as always , i point to industrial history to map product evolution , when we study this stuff in school, or
books , we get no perspective of time , false starts , consumer acceptance , standards and the such ..
remember .. TAE invented the incandescent bulb around 1876 ... over 1/2 of the US had no electricity to
use them , 30 years later !!!
i mentioned same on a couple of other boards and promptly told i was wrong ..
there is not doubt , in my mind , that many of the energy companies have been playing balance sheet
games , not in the manner of Enron , but not all that different either ..
low prices fix a lot of problems , but there is commensurate pain ..
i've been waiting for about 4 years to build an energy portfolio , this is one case , where i will hold on to
advice from Jim Cramer ... "let the prices come to you" ..
keep an eye on gold .. it tracked oil prices on the way up , almost in lock step, and now seems to be doing
same on the down side ...
forget about the analysts .. for the most part , they are under the age of 40 , and have not played any
"back nines" .. garce
doo .. haven't you noticed that these kind of poster are actually playing some sort of
"rotisserie investment " game ?? their arguments are all based on headlines and sound bites
from the talking heads ...
many of them are looking at the recent swoon in oil/gas prices , predicting that one morning we
wake up and prices are zooming through the roof and stocks are getting bid to the moon ...
ain't gonna happen ..
i'm looking for both oil and gold to follow similar patterns going forward .. nobody knows where
the bottoms are , nor WHEN .. what i know is that bottoms will be put in eventually ..
then there will be rallies off the bottoms and most likely a retest , if not 2 , of the bottoms , then
eventually prices will rise steadily over time , but there is no hurry to put more money in ,
patience will be rewarded ...
it may be 3- 5 years before we see another bull market for either gold or oil and most likely
other commodities will languish ... garce
yup , but IF you mean this winter , then i would suggest looking a wider scope of data .. not the least of
which is El NINO .. in past El Nino's , the NE of US has had 2 or 3 mild to very mild winters following , yes ,
lots of heat in the summer and strong A/C demands , but the large funds that move prices look at
everything and adjust their models ..
A warm winter won't be friendly to NG and oil .. g
yes , excellent ... how using those great computers to track doctors who send patients to
unnecessary tests and specialists , like they do with medicare !!!
let's regulate the entire industry ... never will happen
Chain ... you are an absolute dope repeating the same stuff , like a parrot ..
how about addressing the real matter , that you have chanted the same thing since
BMY was in the mid teens .. now 4 times higher ...
do you honestly think that anyone can take you seriously ..
It's very obvious that you are grinding an ax .. did you get fired or let go from BMY ??
that would have been at least 6 years ago ... get over it .. you could have made some
nice quid investing in BMY ..
I was pretty sour about IBM eliminating my job in '09 .. since then , i made some nice
money from IBM stock , until a year ago when i sold out of it .... garce
yes ,sell more shares , that Richard can buy ...
best thing for the retail investor is to have patience , watch
and learn ...
These posters seem to have no problem ripping a company
like IBM , quoting the same metrics as they do for KMI ...
what makes people think that the energy companies have
1) not been engaging in financial engineering ?
2) have been doing vastly different than Enron?
just wait until the tide goes out and see who's not wearing
a swimsuit ...
Buffet recently made yet another large purchase .. in the face of a major decline .. makes me wonder
if he isn't building a large enough position to where he can become an "activist investor " .. maybe
the old dog wants to play a new trick that he has lusted to do for decades !!! ... garce
proof is in the pudding ... they have a dopey BOD ... pretty much forever ,
IBM paid out 22-23% of cash flow .. now they are up to 37% and debt has
risen greatly ... don't really know why Buffet keeps buying it , unless he plans to
turn activist ... as for all energy stocks ... the big action lies ahead .... div cuts /
eliminations / bond ratings fall , then stock prices find bottoms ... stay on the
ready , and for land's sake stay away from gold .. 750 should be okay for
entry .. garce
btw ... looks like VZ is getting bid down , such as the div will be about 5% ..
probably because of expected rate hikes , but i'll hold that one for long time .. g