Max...stop being so cranky......don't pick on Mark.
I have my own problems...sold all BAC yesterday at $16....thank goodness....very disappointing.
I am looking to get back into KNOP, PGH, LRE, and a couple others, but I see no relief in the oil/gas space...I think all MLP's, stocks, etc, in this space can be had later at lower prices...I see no reason to rush into oil/NG on any level just yet.....If it wasn't for ADXS flying this month, I would not have much profit to show for my efforts....keep the faith....bought TVIX yesterday.....at $2.00....probably the best buy of the month for me.
Thanks for you input....I have the same kind of situation with TGD, although they are at least producing at with low production expenses per OZ....AXU is in much more dire shape, unfortunately.
I am hoping for a buyout...maybe PAAS or SLW.
He thought the total value of the parts was north of $80....looks like it's closer to $65....what a waste of money
this stock has been. Anybody have data to dispute this?
Sell the SDRL and sell LINE/LNCO....prospects for either of these is not very good in the near future.
There are plenty of other good yielding, safer plays in the market that will offer good dividends and price appreciation in and out of the energy sector....KMI is ok to hold for the future, although it may go down even further from here. You need to do some homework.
That is smart thinking, JV....I have ZERO oil or NG exposure...no MLP's no upstream, down stream....ZERO... and will not have any until the price of oil stops going down, which it has not, IMHO.
I have SFL and NNM in this space...that's it....even sold KNOP, which is a nice one...will buy back at lower prices, I hope.
I am looking to double down, but I fear that this is a real possibility....I thought either PAAS or SLW would have bought them out at this price...I mean....42 cents...really?
Caplain....I am getting killed in BAC...However...there is something going on, and we stockholders will be the last to know...I do not like the resignation of their chief accountant and the two board members....I am not happy right now.
I own GALE...stop spreading stupid rumors. Most credible institutions cannot buy stock in companies trading under $5.00....
Wells has made its move....BAC has not....priced under book...when divys are increased, it will be 18-20 no problem.....faster that Wells will hit $60.....just my opinion....nothing wrong with Wells....
Nice little outfit...been watching it waiting for it to go down, and all it does is go up.
Only loser in my recent allocation to high yielders is NMM.....UAN, SLVO, KCAP all doing well....bought TVIX today as well...$2.17...market must adjust downward sometime...its totally over bought..anyway, I am betting on a downturn.
Largest position is BAC.....its a no brainer.
Buy low, sell high.....SLVO is at or near its 52 week low....besides, I like silver...I also like high divys.
Play on silver with covered call income....limited upside, but not to much down side while you collect either.
There is also a similar security for Gold, but the annualized yield is only 15%.