Stocks are kinda the only game in town. Besides realestate. People do need to eat, so commodities are one other investment. Companies such as railroads are a steady investment. Subject to weather and the general health of the economy.While a stock like UNP is the big engine that could, companies like AUDC are the little engines that could. If I had to point to one thing causing the most problem with prosperity in the world I'd point to the price of energy. Since the first OPEC push in the early 70's the U.S. hasn't seen but one 'juicing' of the economy. And that was the high tech boom back in the late 1990's. One last thing that should be mentioned; goods like autos could be built to last. But alas, those that build, build to have the product break on purpose so as to further rape our back pocket. While it would be nice to move forward as a society, having to spend our money and resources on deliberate sabotage of our devices is ridiculous. How about a universal power cord for cell phones? Ridiculous isn't it?
Hype about oil prices dropping have been with us for decades. Yet, there's always reason to see why its only going to keep marching higher. Look no further than al the people investing in the Bakken oil. Pipelines, railroads and oil companies. This has at least another 4 to 5 years to go to get to maturity. The world is determined by wars. It's a sad thought, but true. And one thing you'll never see on the battle field is a solar tank or a wind powered missle. Oil is what drives an economy AND armies. A clear double from here in a year.
Ya, total drag. Whole market practically is down. This is looking pretty bad to me. Just no support.Starting to look like the beginning of one of those 40% drops.
I also waited on this. Knew about it a year ago or so. But I aways figured Obama would outlaw fracking. Guess there was just too much money paying off the right people to have it happen. Stock is a triple or more from here in the next 2 to 3 years.
What i'd like to know is just WHO they beat out on this last contract. And was the bid so low that AUDC isn't making much on it.
I'd be bargin hunting oil related issues today. Of course unless you think gas at the pump will soon be 3 bucks.
Kinda like watching an hour glass being turn upside down from day to day. I guess sand, like money, has a way of sifting through you fingers.
Oil is only 'crushed' when it is reflected at your local gas pump. Any of you REALLY think we'll ever see sub 3 dollar gas again? LOL
These 'knee-jerk' moves down always cause weak hands to sell. Big boys skim off the dough and in a few days the stock is right back to where it was. Story here hasn't changed and in fact will only improve. The oil is there. All that's needed is the equipment and materials to extract it and ship it.
Railroads service those shippers that command big money. Since we all know there is a shortage of cars now, there is no reason yet to believe the railroad can handle the amount of business at hand with sand. By their nature these cars are running heavy. Which really wears on the running gear. Trying to repair a car thats been bad ordered takes at least a couple days in the yard. Brakes not so much as they can be changed out while awaiting a train. But bent rigging and such can take it out of service a couple weeks sometimes. If you know you're going to need sand cars, the best way to assure it is to own them and service them at your place of business. One small length of track, a couple guys with cutting tourches and a 20 ton lift can work wonders.