Flint, Michigan is just the "tip of the iceberg" according to activist Erin Brockovich…
Erin Brockovich appeared on Real Time With Bill Maher Friday to discuss the water crisis in Flint and how what's happening in the Michigan will soon be affecting cities nationwide. "I can't keep up with where the Flints are happening," Brockovich warned. "They're from Indiana, Ohio, Texas, Florida, Pennsylvania – 16 cities reporting – California, Alaska, Virginia, New York, Navajo nation… it's all over."
She went on to explain how ammonia in the water is causing miscarriages and "brain-eating amoeba." She sounded well-versed on the topic. Needless to say, I am increasing my exposure to water stocks.
I am conservative, and nibbling slowly. I have a feeling tee will sell off way more than warranted. The pendulum always swings too far in both directions...
It looks like a Flint, Michigan water crisis pump and dump. The stock is leveling off.
It was strange to see a utility soaring to new daily highs like AWR was. I am more comfortable with it trading between $40-$44
Perhaps afraid of regime change, and loss of pricing power?
There will be an opportunity at some point. I am not sure we are there yet.
It seems like under $60 is a decent price for BMY...
Michael Burry was played by Christian Bale, and he made a killing shorting the housing market through crecit default swaps.
Mr. Burry only owns water stocks now.
See what is happening in Flint, Michigan and water stocks are a good bet...
I went away for a few days only to check the stock market on the last day of January to find AWR trading at $45.40! What happened? The move came in huge volume too.
There is likely to be some profit-taking soon?
The investment in AWR is reaping gains far greater than I expected. Will it continue?
If you are a trader, the price of RPM under $40 is a steal. You will not need to hold it very long to make money on the trade. Today is the 25th so I bought my monthly allotment. Any price under $40 is a bargain...
I buy RPM stock on a monthly basis as I use the shareowner online service. If you are a trader, then this selloff is brutal for longs. As a long term investor, I embrace lower prices, as I get more shares each time I make a purchase.
As a previous poster mentioned, RPM was over valued at $50, and has come back to reasonable valuation around $40. However, the markets have been artificially inflated with QE and low rates. as the fed lets the air out of the balloon slowly we can expect the pendulum to swing way too much to the negative side, and this will provide opportunities going forward.
I will continue to buy for the next 10 years...
2016 looks like it may be a weak one for the stock market? Regardless, I will continue to buy stocks, and AWR is one that I am looking to add. This stock is showing strength, and has room for growth. I am patient and will wait until it drops down to $36-$38 area. I would be happy if it traded between $36 and $45 in 2016.
I saw the film, "The Big Short" this weekend. The master investor, Michael Burry, made a killing it being short the housing market prior to 2008. The only stocks he currently own are water stocks. He is a wise investor, and sees things others do not.
As an investor who buys shares twice per month, and will not cash out for many years, I do not care about current stock price.
I am more interested in how management navigates treacherous times. RPM showed 8% growth in a difficult economic environment. That is a display of good leadership.
I hope the stock goes lower so that I can add more share.
The entire market looks like it wants to correct. I embrace it, and would like to buy RPM under $30!
My kids will eventually get this stock anyway...
My Waste Management bill is the cheapest of all utilities.
Check Verizon or Comcast for greedy business practices.
I can live without TV or phone.
But, please do not discontinue recycle/garbage service.
There was a garbage strike in New York in the early 1980's…check & see how that worked out.
WM has major pricing power…and they are cheap...
There are a bunch of 12 year old kids on this message board who have no clue about the business prospects and growth potential of BMY. This is a long term hold in my retirement portfolio. BMY spend a greater percentage of their cash on R&D than any other big pharma company.
There is a ton of growth already priced in to this stock. They may exceed expectations with their new drugs?
If so, the stock is a keeper. If not…Timber!
FTNT has a better product, and better management. FEYE will get crushed by PANW, FTNT and others. FEYE is not a good investment at this point….
Congratulations! I would like to retire, and work on my golf game.
Investing is much different than trading. I like to invest in companies for the long term, and collect dividends. So many people/machines just want to trade a 1% move. I find that quite silly.
WM is one firm I have targeted for long term growth. I also like JNJ, VZ, AWR, RPM, AAPL. But, you must watch theses investments as business models change. Just look at former Dow Jones component Eastman-Kodak. They were wiped out by new technology.
I listen to conference calls on weekends and during the evenings. It is difficult to work, and follow the market full-time.
Good luck to you...