for two weeks or so before commenting in order to get a sense of the board. From what I can tell qqq isn't very good at facts (just #$%$ about the Greeks in general), name calls (which is a sign of low IQ), and overall doesn't know much. Did I nail it or what? As far as the rest well they seem a little more level headed. Even the basher Tsar isn't too bad, but seems to have an agenda.
I’m not ashamed to admit that the collapse in the price of crude oil—and the resulting beating that energy stocks have endured—has rattled me.
The price of crude is down by over 40% since June, and many energy companies have seen their share prices fall by even more. The drop in crude oil prices has also dragged down the stock markets of Russia and other oil-producing emerging markets. Even midstream pipeline MLPs have gotten crushed even though their exposure to energy prices is (at least in theory) negligible.
Everything even tangentally related to energy has gotten killed. I won’t insult your intelligence by giving a price target on crude or on energy stocks. What we are witnessing is a full-blown panic, and no one knows where the eventual bottom will be or what piece of news will mark it.
I plan to write a longer piece on the energy rout and what it means for energy stocks and MLPs. But today, I want to address the dividends paid by the oil majors. The drop in oil prices will no doubt take a bite out of oil company earnings. But will it put oil stock dividends at risk?
To answer that question, let’s go back in time. The 1980s and 1990s were a horrendous time for energy prices. Following the 1970s oil shortages, the West adopted conservation policies and searched for new sources of supply. The result was a 20-year bear market in energy.
And guess what: The oil majors kept paying their dividends and even raised them. Take a look at the following two graphs. The first is a simple graph of ExxonMobil’s dividend. The second is also a chart of ExxonMobil’s dividend but this time on a log scale, which shows the percentage change and eliminates the distorting effects of compounding.
As you can see, dividend growth slowed down during the 1990s, the era of cheap gasoline and massive SUVs. But Exxon continued to grow its dividend, and it was never cut.
Exxon is just one company and this is 2014, not 1994. This time around, things really could be different. But I’m not betting on it.
You don’t have to run out today and load up your portfolio with energy stocks. That is likely to give you heartburn in today’s volatility. But I do recommend averaging into the high-dividend-paying oil majors on dips. Given that the broader U.S. market is not priced to deliver strong returns in the decade ahead, dividends are more important than ever. And some of the best dividend payers—and raisers—are to be found among Big Oil.
So here it is the "logical" path. He constantly either says the stock is up (which is rare) or is down (which happens more often just on a smaller scale). By saying it is going to be down he is at least going to be right a majority of the time. Simple common sense there. He is wrong a lot more often about when he thinks it is going to be up due to the not so common occurence. Then he throws out a random amount as to what it will be down like 11 cents. Anything close to that random amount he claims as "dead on." Even if it is off by 30% to 80% which is all the time. I have only seen once that he was "dead on," but even a blind squirrel can find a nut every once in awhile. In conclusion this random "ambiguos" statements and amounts lead me to believe he is a Barnum and Bailey Circus fortune teller or he works for Miss Cleo's 1-800 fortune telling. Tell the truth now, am I DEAD ON??????
proving the ignorant moron illogical thinker wrong again. So I didn't destroy you enough last week (like many others on this board have). Let's do it again. After all it is fun proving your ignorance. First off this stock goes down in smaller increments than it climbs and more often. So to predict a fall is far from intelligent. Your predictions of up are post open typically and after positive news. So again far from intelligent. Your rants of "dead on" are mostly 30% to 70% off. In conclusion: YOU ARE A MORON!!!
Have any of you seen the 100 slide presentation that Ackman presented to overhaul FnF? That would be interesting to see. His knowledge vs. a politician. HMMMMMM........
How bad is that prediction? In reality it closed at $4.31, so it is "logically" up today sitting at $4.39. Even if we go with your "down 9 cent" prediction (which is moronic) $4.45 - $4.39 puts it at 6 cents. Grab a calculator or a 3rd grader to help you with your math skills.
"oh me. pick me. pick me. i have a queston. why do you insist on being wrong all the time?"
Hey we knew princess buttercup would be back. Good morning. How is the East coast???? Did you predict the comeback this morning after the "obvious" drop that was going to happen post opening?
You aren't that stupid are you? Well nevermind I know the answer to that. I will try and speak in small words for you. Like I said East coast is a possibility that I believe is false. Second I said the pre-market bids!!! Not actual sells since there is no pre-market sells. Damn are you that "special" buttercup? Hope all is well.
HMMM. This says 8:23AM princess buttercup. So there is two possibilities here. First you are on the East coast which is possible. Second if you are then I too was watching the bids before open and they were above the previous days close so guessing up would not be hard to do. There is still the most obvious conclusion, which is the one I and most tend to believe, and that is you are West coast, called it will be up after the open, and missed the prediction of 11 cents by a mile. Sound good buttercup? That is logic. LOL.
That's funny. Not very "logical" to try and justify a vague statement. Not to mention it still was after the open and was already up. Not very "smart" princess. I love laughing at people who have to call themselves "logical." Thanks for calling me sweet cakes. Is that your mom's nickname for you?
So you made a call that it would be up at 8:23AM after it was already up. Brilliant. You should take your circus show on the road. Probably the bearded lady. Also as I read through quickly you said 11 cents I believe. Wasn't it up much more than that? Just asking.
How bad did it feel to be so wrong yesterday???? Did you see that huge jump coming???? Will it close red today???? You always GUESS RED, so I think I know the answer to that one.
Try this again. So I am curious. The blame as to who is to blame (Dems or Repubs) can go both ways. I have my own feelings on this, but to me there is something bigger at work. The government took over F and F blaming them and then illegally changing what c-ship is to sweep all of their profits. These profits have more than taken care of what the government says they lost. Yet they continue to go after the big banks to receive further restitution for something they have already been paid back for. Am I missing something or is this complete BS????
Is it possible that someone is actually selling? Dilution is not possible since nobody in their right mind would dilute their own company or sell at these levels to drive the price down. Can only be one answer? Stop/Losses being taken out by someone with significant shares (shorts) selling small lots at a lower price and picking up bigger lots.
That makes no sense. Was already cleared of any wrong doing and has made positive steps in the right direction, but continues a slow and steady depletion on the stock price. Just funny at times to see stupid things happening.
I bought some today, so I should have warned you that it was going to go down. Always does when I buy more. I don't have any more funds to throw its way, so now it will plateau. I will let you know when I finally give up and sell for a loss, so you know it is going to go up.