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 !!!!!!!!!!!!!!!!!
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
Greek default ??? how about that $2 trillion hit to the Chinese market and more to come tomorrow .. in a longer
run , both events will probably mean more investment $$ coming to the US market and probably more delays
to getting us off the 0% ..
all those folks who sold in May and went away might be for some nosebleeds , eh ?
we'll learn something from this stuff , just not sure what ..
as for Emagin stock .. shouldn't take a hit , but will probably struggle for gains , at least until some real
news comes out .. g
when posted "anyone" , i was assuming individuals ... my apologies for that ..
institutions are different .. many times the short position is insurance , instead of using
options that have a time premium ...
individual investor / traders shouldn't play with fire ..
the way that so many individuals approach investing / trading .. is what i call rotisserie
investing .. just looking at numbers and headlines , with no actual dd .. just playing
the numbers ... i will also posit , that many individuals who will short as a trade , wind up
turning that into an investment without running numbers to see how much that short
will cost them .. .
it also varies from one sector to another ... as for energy related companies , they
can have some large swings around the times of large moves in the underlaying
commodity , and those moves do happen ... but for something like T , VZ , GE and
such .. you just don't get the price swings to really do much more than break ever
or take a small profit or loss ..
allowing for the fact that prices never advance nor decline forever can plant seeds
for such trades .. after a long run of rising crude prices , it's logical to expect
a few sizable pullbacks and visa versa . i don't short , but it i did , i would expect
to get at least a 25% gain or leave it alone .. g
i will start to get really angry , when the Clinton pets start to get honorariums for speaking engagements ... g