Yep...have a safe trip to Italy, DH....watch out for those pick pockets!!
My favorite country in Europe is France...loved the south of France, Nice, and of course, Monte Carlo! OU LA LA!
Cash is better than owning LNCO, BBEP, and other weak sisters in the oil patch, IMO...as for banks, my new favorite is JPM...still have a couple of 1000 shs of BAC, but that's a lot less than I used to have.... as well as BAC warrants, which are an even better choice for one third the cost...making a killing trading ADXS....good long term hold as well.
You sound like an English teacher...stop being a pompous #$%$. Message boards are about sharing thoughts....its what one says that matters, not how it is said or in what format....grow up.
Notice both share holder rec's were voted down at the stock holder's meeting?
Over paid, incompetent fat cats run this company...until that changes, the little guy ill continue to get screwed.
How's Gabelli doing with his rec that said NFG is worth $100?...in his dreams....its worth $60....even broken up, its not worth much more than that....
Not in the next 6 months, that's for sure....it will be hitting new lows, like everything else in this space.
I wouldn't even buy KMI here, let alone DMP....
5,000 warrants control 5,000 BAC shares...$1.00 for $1.00....why tie up almost $80,000 when all you need to do is tie up $28,000?...leverage...who cares about the #$%$ dividend? You can invest the balance in something paying 8-10% like STON, AGNC, NLY, .....etc.
Ask DH and Mark...they know more than I do...I like MIC, but just looking at the chart, it looks a little pricey to me...particularly with a market correction looming....April's coming....then sell in May and Go away.
Agreed...stay with high paying winners like NYMT....also WMC, NRZ, AGNC, and if you really want to gamble, go with MORL...huge divvy coming in April....get in before 4/5.
O/T....Loaded up on UAN and NNM yesterday....I did a total reversal on NNM, and it turned out to be a good decision. Very disappointed in BAC....sold half my position to accumulate UAN and NNM. I am very disappointed in their mgt, and I will end up exiting the entire position shortly. Oil stocks/MLP's getting a nice bounce due to the Saudis bombing of Yemen...I am happy for those here who still have oil exposure....SFL and KNOP looking good in this #$%$ market. Adding to ADXS...priced in the low $12's this is a gift.
MORL gearing up for a large divvy in April....
Looking at DH's NYBC...its still a little high, but its a good one!
Good points by DH and Mark's rebuttal of sorts as well...I am not as smart as either of you two, but I know one thing. The market does not go up forever....the chart for the last 5 years is down right scary...up, up and up...I do think the interest rate story will now take a second chair to the upcoming earnings story, which will have more effect on the market at this point....DH is right..."Where are people with money going to put their money? CD's,? Gold?, Bonds?....but Mark is right too, when he says "A stampede doesn't mean that equities will be without owners....its just a question of at what price they will be owned"
That says a mouthful....at my age, I do not want to go through even a 5-10% correction....watching my total portfolio amount go down $200,000 or even less, in a few days would make me start drinking bourbon with my heart medicine....been there, done that...I don't want to go there again. That's is the dilemma...keeping what you have, protecting what you have, and at the same time, making smart investments to provide a decent return. The problem is, and we have all seen it, a rising tide lifts all boats....a sinking tide sinks all boats as well, even the very well managed ones....
Yes, Mark...it will. Now you are seeing what I see....oil under $40, for quite a while. I see no reason to bother with any investment related to the price of oil at this time....the Saudis are standing firm, and they can afford to. Iran, Iraq, Libya, are squealing like the pigs they are, and will just increase production to offset the low cost of oil....the US small/medium size producers are in the same boat...look at what happened to WLL...debt laden because of bad timing of their Bakan acquisition, they are looking for a partner before they have financial issues....production will not even begin to slow down until 2015...by then, price of oil will be toast.
O/T.... my ADXS is flying again...best return by far in my account...I originally bought it at $2.80...sold it, then bought it back with a vengeance at $8.00...I have a lot of shares...way more than I should have in a little biotech at my age...but, that's why I'm the Gambler!!
This company is going broke....any company that makes an offer for anywhere near this price is just plain stupid...oil will remain at this level for years....a major will be able to pick up this company for a song by this time next year....if it even still exists.
The bottom is not in....oil will go under $40....it will stay under $50 for years. You should have gotten out.
I am looking to get back in now...its called buy low, and sell higher than your bought...not the other way around....buy and hold will get you to the poor house.
I see no pharma partnership....the industry must not be convinced this process works. If it did, a big pharma company like MERCK with a huge sales force, could buy them with lunch money, and have their sales force market the product....anyone have a rebuttal?
Nothing here but a big market cap and nothing on the horizon for years...buy ADXS instead.