I witnessed LVS, BAC, and many others companies rise from the ashes. This one won't do it in the current climate but you never know what the future holds. I didn't read the article but I saw something where Saudi is gonna help raise oil prices. That is a start.
it all depends on the elections next year. SDRL has a huge backlog until then and oil prices usually go up with republican.
If oil remains below $50/barrel then you're going to see supply drop off as the smaller companies get squeezed out of the game. This should cause prices to increase by late next year which will in turn cause other commodity prices to rise....just in time for the republicans to take office and reset the commodity cycle. I'm not going to buy anymore CLF at these levels but will continue to buy RIO and RIG as they are more financially stable. Gl guys and hope to see you at $20/share this time next year.
I think he's(Surf) just a lowly contractor out in Nevada who lost his shirt, lol. I got annoyed of him defending illegals and ignored him for the most part. Illegals cost the average working American around $15-$20,000/year in lost wages and benefits while putting that money into a few wealthy American's pockets. It is the single biggest reason for the wealth gap in this country. Anyway, judging from his post, I think he may have purchased some stock in Square(SQ) in the past day.
I'm still here but stopped buying shares at $6 and change. There is no sense in throwing good money after bad until commodities rebound. There is significant demand for oil, steel, and gold but the powers to be are keeping it depressed because too many "evil doers" have a significant amount of those resources in their possession. Its just a waiting game now and hopefully it ends before Cliffs has to resort to diluting its stock in order to survive. If losing $10,000 keeps terrorists from killing more people though then at least I can sleep well at night.
People are already in debt to their eyeballs and raising the interest 1-2 percent will collapse most people's house of cards. Look at the tent cities in Seattle and watch that happen that nationwide if you think I'm joking.
I would agree if they were the size of Wal Mart but this company has the opportunity and small size to expand exponentionally. Don't worry about PE's when a company has a market cap under $1 billion
I've never had fast food french fries as good as Bojangles. Mcdonalds is my 2nd favorite and Five guys 3rd.
since I live in Columbia, SC. I told them that I didn't think I had any real damage and they said you can find something....a small crack in the foundation, bricks damaged, etc. They told me the difference between a rich man and a poor man is that the rich man doesn't let opportunities like this pass him by. I'm so amazed at how they know so much about getting "free stuff" but yet so dumb in school. 2 of them can't even read and write. Amazing.....simply amazing.
Here is what is weird. I'm delivering to subdivisions that are just row upon row of empty houses here in Columbia, SC. I got to thinking if oil went from $100+ down to $36 then shouldn't the same be happening to all of the empty houses? Say go from $220,000 down to $55000? They can build one now in less than a month with the cheapest labor in the world.
I can make $400/week stocking shelves and be with my family or $625 risking my life driving a semi and seeing my kids 3 times/week....not a real hard decision. Add on the 10% discount card that they give employees and the ESOP plan and its a no brainer. The Wal Mart gift that the markets gave us today was a real blessing.
I'll keep an eye out for more good buys on the stocks I follow. Bought CG, CEO, DD, CAT, WMT, and BOJA last week and am looking at more commodity plays before the year ends.
"Be patient -- there will be huge opportunity for big returns in offshore drilling, but it's just too early to make any calls on who the winners will be. "
The only ones who know will be OPEC(mainly Saudi Arabia) and politicians. The rest of us are like leaves blowing in the wind.
"2 former installers"......or "2 disgruntled workers"?
they just got a slap on the wrist tonight and the stock is up to $16 after hours. They too got rid of their garbage management last spring and may have turned the corner. Kind of weird cause October is usually a seller's month.
yeah they get 6% when you sell your home here. Someone told me that if you try to sell it on your own then none of the other realtors will bring their clients to view your home. I wonder if this disaster here in Columbia and Charleston isn't a curse for taking the confederate flag down. Or it could be that you don't have any vegetation anymore to hold the water because of all of the greedy over building. You reap what you sow. Contractors everywhere are offering "thoughts and prayers" while licking their lips at how much they're going to make rebuilding this mess.
My Grandfather retired at 40 years old from his business. He always told me that if stockbrokers are so smart then why are they still working? I've lived through the days where they changed trading shares in eighths to sixteenths to 32nds to 64ths and now cents because the stockbrokers are always trying to cheat someone out of their money. I've heard of every scam possible that these weasels try to cheat the little guy out of money from buying and selling mutual funds in Asia before the markets open here in the US to buying and selling options on inside information. Its like I said before....all you need is 1....just 1 good stock market tip and you can become a millionaire overnight.