Bob, I'm holding off on FGP for now. A drop below 20 would probably have me into it. As for STON, we saw a bit of a bounce out of it today, yet I'd be waiting for the next drop which seems to always occur after the first big drop. My guess is there's another offering coming of 2 to 3 million shares.
F-35 is dead. Older planes outfly it. Doubt if they sh-tkan the whole design. Internally the plane is fine. Aerodynamically? Trying to design a plane that can dogfight AND be radar resistant is tough. Personally I'd try designing a wing that has 'slotted' openings within it to achieve the turning ability needed. To my knowledge, it's never been done. The slots channel the air as it passes through the wing.
I have a hard time figuring out what some here are here for? Isn't it money? It seems like most of you hash out the same 20 stocks over and over again. LMT just this past week or so was awarded over 1.8 billion in government contracts. And they on average recieve about 400 million a month from the government. Or so it appears on first look. It's not some oil related beaten up stock. It's not some fly by night operation. It's very big. Very secure and does pay a div. And what it doesn't pay in a div looks to be coming in the form of a much higher stock price. Yet, I hear nadda from any of you.
I seem to remember this guy keeping things hidden and somehow relating it to messing up a deal if it was made public. Maybe the competition is so tough that you have to keep quiet.
Man, does the DOD like this company. Almost a guarantee to see 300 by summer of next year. CMG? NFLX? Why? With economies worldwide crashing the threat of war looms large on top of everything else.
2 thumbs down? Why? Cause it doesn't pay a div? So far it's paid a 1.50 'div.' 6 days, 5%, what. that's like 300%. How about some love?
Small bunch of posters here that like to 'rah-rah' the stock. I took a position today and will see what transpires. Like what I've seen the last 6 months here and find it hard to believe they won't meet expectations.
Honestly I can see another 10% or so coming out of the oil sector. But after that , man, you have to start looking at it as an investment that'll make you some serious dough within the next two years. jmho
Nice div payers getting hit across the board. Investors must think the money is going to dry up. I'm like a boxer covering up in the corner these days. Being very cautious as to when I throw a punch (buy). Latest punch is EBIX. Reports end of week. We'll see if my 'punch' landed. Hey, ya gotta keep a good spirit in these times. GLTA.
Oil drillers are taking this 'down time' to improve the fracking process. Now, that may include using as much if not more sand. But, you have to think that would mean trying to find ways to use less sand also. I've been around long enough to have experienced things like interest rates at 14%+. And thinking I'd never see interest rates near what my parents paid which was 6%. So things do have a way of turning around. I worked as a conductor for both SP and UNP. Also spent some time as a yardmaster. I've seen the crews shrink from 4 to 2. Did we as operating employees actually share equally with management in the savings found in cutting those positions? Nope. You can't bargin with a boxcar or the right of way as to what you're going to pay it. It is what it is. With a loss of revenue from shippers and government the company is going to have to look elaswhere for money. Which means things are not going to run smooth between management and the operating dept.
Nolic, now just what do you think Iran is going to do with all those billions Obama is going to give them now? Buy arms from Russia maybe?
Won't play out any other way. So coal is going to continue to be bad. Now Bakken oil will dry up. China is on the ropes. Containers will be about the only hope as the economy at home sucks and isn't going to turn around for a few years at least. Rails are not going to continue to pay the wages they do now. No way. Next contract is going to be murder trying to get a good deal. Hey, I'm not short here. But you guys better start looking at these things. Government money is going to dry up. Any of you care to give us a bullish look I'd like to hear it.
Yep, that's what I was refering to. Just terrible what's happened to this. It seems to lead the pack so to speak in the fall. Watch BPT as it seems to be one of the canaries in the mine on oil. At 53 BPT is now back to a low. If it breaks below that I'm sure we'll see more down side here.
My local bank teller wanted to sell me on some really high return money investments. 2 to 5% the other day. Was he surprised when I told him I get anywhere from 10 to 22% returns on my investments. Poor kid, I think I let all the air out of his balloon after that.