Apparently Schwab rating of B12 isn't worth JS. Investment firms like Morning Star still use $80 oil.
My $1.75 buy was overly optimistic short range, but it was just a relative nibble.
Hope the $0.7 Ca valuation by another house is wrong
PWE cutting CAPAX about 60% to enable DIV? Not quite survival strategy.
But on the other side if Nawaar's point is a foretelling of the future, I may update, based on fact awareness, to $2+ bid and hold LT till worm turns.
Rest of the story is that Schwab rated PWE at 5 or better through much of April through Oct.
GS pegs PWE at $2
Been watching to get in at $1.75 and hold till better days.
The highest authority at GM is the Board of Directors who are installed by the stockholders. Since the US government and union were the large stockholders, why is the new Safety VP not worthy to sit on the Board as installed by the stockholders?
A VP Safety is not acceptable, without any appropriate authority!
We lose our basic reason for choosing BTF, that is, BRKA/B at a over 20% discount with a 50% weighing in Warren's enterprises. The watered down allocation to BRKA/B could result is a even bigger discount to NAV.
Wondered why MR. H and family have been focused on building up ownership/control of BIF ($255 mil market value) and negative on BTF ($363 mil). Very selfish and self serving MR. H to have been hiding your intentions. It's like Chrysler buying FMCO.
INMHO the CEF discount could increase and losses grow. Look at primo CEF w/ minimal fees, like PEO & ADX which have large discounts.
MR. H, you could lower the fees w/o throwing us under the bus, especially on your largest CEF.
Charles Schwab doesn't give a big fat rat's whats'it about __aig-H_ll__'s puke. Schwab continues their A1 rating again this week for ALR which means the top 1% of all USA equity investments. Just added 1000 shares to our position.
How much money is enough? Just a little more.
How much will be left behind? All.
George Beverly Shea:
"I'd rather have Jesus than silver or gold.
I'd rather be His than have riches untold.
I'd rather be His than anything this world affords today."
Pray for Carl, that he will repent of misusing the name of God (3d commandment) and instead, confess Jesus, during the short time remaining.
According to Barrons, California is the place to be for that bubbling crude (Texas Tea) and Tesoro is in the Cat Bird seat. TSO stole the BP Carson refinery next door. Loved Carson when business took me there many times. Sure opened my Texas eyes.
As I predicted Schwab now rates PSX A/5, told you so!
Schwab now rates my refineries in the following order: TSO & DK, MPC & ALJ, VLO, PSX & WNR, HFC.
Thanks,I'm betting that your best years are ahead as you journey ahead to the top of your game.
Several months ago, Schwab drew attention to opportunities in refiners with A ratings & preference for refiners in Energy.
Thanks to Schwab, my DK is up 47% but no rush to sell the Pop.
Schwab has been slow to join Warren on PSX but moved their rating from B/10 (was B/13) to B/6 this week. Predict A/5 next week. 25% gain a'nt half bad.
Gas price Colorodo to Texas wasn,t bad over this month's vacation. Heck, gas is chump change compared to daily refiners increases.
Hi California Lady.
May I ask your respected advice on my refiners PSK, VLO, DK, TSO, MPC, WNR, HFC, & ALJ? In what order would you rank them and what refiners do you own?
Thanks in advance Jackie,
More than you want to know about ICEE brain freeze:
ICEE is a frozanited, carbonated refreshing slush drink that was developed at the John E. Mitchell Co., Inc, formally located at 3800 Commerce St. near downtown Dallas, where I worked for 13 years. The beverage is mix of non carbonated flavored syrup., water and CO2. After the ICEE machine mixes the syrup and water in the proper proporation it enters the refrigerated champer which is pressurized with CO2 gas. As the mixture is cooled more and more CO2 is absorbed into the freezing mix until it becomes hyper saturated with CO2 fizz. Colder temperatures well below 32F are possible because the suger content (like happens in the salty artic oceans) results in lower freezing solidification temperature. This results in the following:
1) The sugar taste is masked at lower temps.
2) A higher concentration of sugar can be added without tasting too sweet.
3) More CO2 is absorbed into the colder slush in the pressurized freezing chamber.
4) Agitation keeps the frozen chrystals loaded with CO2 and sugar instead of pure ice like a snow cone.
An inventor brought a prototype ICEE machine to the Mitchell brothers, but it would not work reliably because the drink would freeze solid and not maintain a constant viscosity. etried temperature controls but a freezing mix remains at the same temperature until it is frozen solid. This is referred to as latent heat which cannot be measured with a thermometer.
I made every drawing on the prototypes and the final production version machine. I drew up a "torque couplng which is the sectet of maintaining the ideal consistancy on the liquid/frozen chrystal proportions.
Another challange was the dispensing faucetbecause ice is very abrasive. I invented a dispensing valve which uses rubber o rings to seal rather than metal to metal.
If I were doing it all again, I'd make a more compact, more flavors version machine that was easier to keep clean.
The Mitchell brothers opened the ICEE ISLE resturant in Mesquite, TX to compete with the Dairy Queen in town.
Finally the 7-11 stores instaled a ICEE machine and the production soared to 3000/year. Those were fun years and I moved over to the Mitchells MARK IV automobile A/C.
Pearls for Norman,
Bless you for your timely post from ABG. After Bubba's clear warning, this really hit home and I unloaded. The reduced daily rate is too big to ignore any longer. I too, put my dry power back in the horn. My short term trade was only slightly less than a wash on 2500 shares.