haha!!! Wealth isnt and never has been "created"!!! Its always been redistributed!!! Just depends who your "friends" are at any given time!!! The good Dr should be sued for malpractice of politics!!! }:-]
6 years of Socialism has been better than 40+ yrs of trickle up economics as taught to me by you fuqin right wing boot lickin Hannity spermburpin Fascist'!!! The 99% IS rising UP! WORLDWIDE...NO place to hide! We WILL feed on the dead rotting corpses of the Corporate Elite and the 1%!!! Pass the fuqin ketchup Patriazz}:-]
management always does something to fuq it up!!! GRRRR! }:-[
wet...its b/c of day traders that VG raised the minimum investment to begin with. Start jumping in & out and watch how fast that minimum goes back to $25k! This fund was never intended to be "traded". Its a loooong term investment and VG plans on keeping it that way. Ive been here since $45p/s. Rode out the crash letting the divis & cap gains reinvest. In fact, tried talking the wife into buying more when it dropped to $90 but like other investors she was in panic mode. I show her todays sh price every chance I get! :)
I bought a boat load of PFE back in the early days of Viagra and been letting the divis reinvest. I like the way PFE is poised for the long term. PFE is STILL the 800 pound gorilla of pharmas!!! I mean cmon, 11.5 times 014 earnings when at 1 time it was 48? Stock buyback, strong committed & very well financed R & D... pros greatly outweigh the cons!
Did you catch the spike on FUEL?
@ $2.35 when I told you on 10/3 and went to $3.39 around 10/28.
Has now backed off to about $2.70 & is slowly climbing back up.
Still looks good as a longer term hold too as most people have it priced around $5ps.
yea you got it. And more manipulation by smaller investors.
At 1 time this fund was a day traders dream thats why VG upped the minimum to begin with.
If you dont mind risk check out FUEL. A small cap company that recently was buying back shares but decided to give theshareholders direct equity by paying dividnds. Unheard of for a small cap company on the Nasdaq!
They also just posted a good quarter with a positive growth expectancy of 7% for next year.
Short term the stock is a little bumpy (mostly due to lack of news) but has been posting positive results in a really bad economy due to a company vision & gameplan that they have been executing.
Boring company/industry but has a REALLY small float and little to no shorts!
the reason for the lack of replies is probably most seasoned investors would agree w/floored.
I liked the REIT suggestion also, although I would consider buying real estate outright then rent it out for the additional income. Property values are gonna go a lot lower before they start going higher. Still waiting for the double bottom & in my experience, theres always a double bottom. Its something real that you can leave your kids too.
I tend to differ slightly on investors changing tho. Greed pigs have always been here, when the rules & policies change is when you should be paying attention. VGHCX lowering its minimum investment did not help any. I been here since the early 90's also and VG has been very good to me. Investing in VG shows you know a little about what your doing. The old man is a straight up dude who has built a straight up investment company. However, its unfortunate that hes no longer overseeing day to day ops.
Is that IRA a Roth? You'll probably be paying more taxes when you retire than what your paying now. Good luck to you! Wish I started investing when I was in my early 20's!!!
"Our positive growth trend has accelerated into fiscal 2012 with the further addition of new customers whose business is expected to add 7% to our annual volumes in fiscal 2012"
Congrats to management & all the loyal longs!
Whats the problem here?
Didnt FUEL sh price go to around $5ps during Katrina?
Didnt FUEL also supply water during/after Katrina?
SMF Energy Corporation supplies specialized transportation and distribution services for petroleum products and chemicals. The company provides commercial mobile and bulk fueling, lubricant and chemical distribution, emergency response services, and transportation logistics to the trucking, manufacturing, construction, shipping, utility, energy, chemical, telecommunications, and government services industries. As of June 30, 2010, it conducted operations through 34 service locations in the 11 states of Alabama, California, Florida, Georgia, Louisiana, Mississippi, Nevada, North Carolina, South Carolina, Tennessee, and Texas.
Our emergency response generator services program provides customers with ongoing fuel testing, treatment, filtration and top-off services to ensure that generators and other emergency power supply systems are fully fueled and that the fuel is in optimal condition for use at the onset of power outages. We then provide emergency fuel supplies to these customers for their generators and emergency power supply systems in a series of scheduled deliveries for the duration of power outages based on the consumption and utilization requirements of these systems.
A Nasdaq stock paying a dividend? Is there a move to the Dow in the future?
A DRIP would be a good idea too!
furz, you left out the most important line...
"With these results, and the possibility that the newly added business could improve fiscal 2012 volumes by as much as 7% over fiscal 2011, we concluded that this is the right time to establish our common stock as an income generating investment"
Finally, a forward looking statement that we can sink our teeth into!
And, 7%...in this economy?
do you how many blue chips would kill for this #?
Ps. Who bought in @ $1.13 the other day?
Investors push oil back over $100
Oil rebounds from last week's 15 percent plunge as investors see a bargain
tweet4EmailPrint..Jonathan Fahey, AP Energy Writer, On Monday May 9, 2011, 12:21 pm EDT
NEW YORK (AP) -- Investors pushed oil back up over $100 a barrel Monday, reversing some of last week's plunge.
Oil's 15 percent drop last week was its steepest in two and a half years. Now, investors who believe oil fell too far, too fast are sensing a bargain.
"Nothing fundamental happened between Friday and Monday to justify a $3 jump," said Stephen Schork, publisher of the energy industry newsletter The Schork Report. "This just shows the power of speculators in this market."
In midday trading on the New York Mercantile Exchange, benchmark crude for June delivery was up $3.85, or 4 percent, to $101.02 a barrel.
Over the long term analysts expect oil and other commodities to get more expensive as the recovering U.S. economy and the growing economies of Asia increase demand for energy and raw materials.
"The fundamental backdrop in the market remains entirely unaltered, with global oil demand still showing continued strength," Barclays Capital said in a report. "The general (oil price) trend from here should be higher, rather than lower."
Monday's jump in oil prices, though, may be what analysts refer to as a "dead cat bounce." That's a temporary rise in price that interrupts a generally downward trend.
Last week oil and other commodities fell dramatically because of a major shift in the outlook for the U.S. dollar and other foreign currencies, especially the euro.
Thursday the European Central Bank signaled that the bank might not raise interest rates in June as investors had expected, leading to a sell-off in the euro. Then, Friday, a magazine report suggested Greece might abandon the euro.
That sent investors back to the dollar, and away from oil. "The sea change last week was the increase in the value of the dollar and the decrease of the euro," said Phil Flynn, analyst at PFG Best in Chicago.
When the dollar falls, investors tend to buy commodities hoping they will gain value as the dollar weakens. When the dollar rises, investors tend to sell their commodities.
Monday, though, oil prices jumped even though the dollar remained flat, suggesting investors felt that oil had simply fallen too far.
Analysts say financial news from Greece and Europe will likely keep currency markets volatile. Commodity markets should follow.
European Union officials suggested over the weekend they may provide Greece more help, easing investor fears. But Monday the rating agency Standard & Poor's downgraded Greece's debt further into junk status.
Some analysts believe that the price of oil will continue to decline because high gasoline prices are cutting into demand for oil. Also, the U.S. economy is not growing as fast as once thought. U.S. gross domestic product growth slowed to 1.8 percent in the first quarter.
"We expect oil to fall further as the global economy slows, the dollar continues to rebound, and the risk premium due to unrest in the Middle East eventually fades," Capital Economics said in a report.
Last week's falling oil prices are beginning to benefit U.S. drivers. Gasoline prices fell overnight to a national average of $3.96 per gallon.
In London, Brent crude for June delivery was up $4.72, or 4.3 percent, to $113.81 a barrel on the ICE Futures exchange.
In other Nymex trading in June contracts, heating oil rose 8.5 cents to $2.9309 a gallon and wholesale gasoline added 16.40 cents to $3.2541 a gallon. Natural gas futures fell 2.3 cents at $4.274 per 1,000 cubic feet.
C&P the link to an interesting chart.