Oil and the market are going down....and so are oil and gas stocks...get out at a good price...$3.40...you will
not see it again in the near future.....
This market is over bought and scary.....if interest rates go up, our high divvy plays get killed...m REITS especially. My BAC and syzygy, banks will do well, but that's about it...if they don't solve this problem with Greece, market could take a big tank....too many companies, countries, households have too much debt that can cause big problems if stock prices get hit....I can't see the price of oil going up any time soon, and that will affect smaller, high leveraged companies and MLP's....over valued dollar does not help lg. international company profits....deflation is here to stay....not a good market to be full invested...except for APPL....which I don't own......I am raising cash, buying some gold for insurance...GGN has been very good to me...bought at like $6.75.....so has PAAS.....TGD and AXU are getting killed....looking at some others.
Dangerous market....be careful.
I agree...I just don't understand why it has dropped so low....a couple of days ago, it looked like it was breaking out above $1.05 and higher.....now look at it....manipulation? Who knows...message board totally silent.
Thanks Sarge....I think I will just sit and watch this tanker situation...I am not comfortable with that industry, and with a rate increase coming in June, I probably should just wait til then before adding any high divvy stocks.....good for you on AAPL and FB...I sold too early, then compounded the mistake buy screwing around with YHOO....also, sold KNOP when I probably should have kept it and KKR...oh well....that's the way it goes....made a ton on my lotto ticket stock, IBIO...I bought
it at like .40 some time ago, and sold it today for $1.30....very nice gain...I had a lot of shares.
I think the whole sector is somewhat over bought, and I would be taking profits this week....once spring comes, higher inventories, lower prices will bring down stock prices...at least that's what I'm anticipating anyway.....
I sold this one a long time ago....it looks interesting to me at these levels....nice divvy, debt level is very manageable at one half revenue. STAGG? MAX? Mark?
Looking to reinvest profits from one of my lotto tickets...IBIO.
Excellent commentary...however, if this company fails in their FIRST Phase 111 trial, the price goes to pennies, and there will be no more money or sponsors for the rest of the pipeline...I'll wait instead of losing money holding on to the slim chance they get excellent results with their Phase 111...by the way, I'm waiting with 10,000 shs I bought of IBIO when I sold this POS, and have already doubled my money!!
If you want to find out if a liar is really telling the truth or not, go to his pre fab website for smoke and mirrors....idiot!
Roche knows he truth...that's why they're gone.
That surely means lower revenue...why buy here in the face of that environment???
It also has $10 of debt for every dollar of revenue....not good.
OIL.....Copper...Gold....divvy will not hold during the crush in oil and gold prices....I like this much later in the cycle...like when the cycle is up for at least 2 of these commodities.
I sold both BDCL and CEFL....only keeping MORL...at these prices, it can only go up...if it stays where it is, it yields 22% in my Roth.