Got some CPLP myself at $9.38.....thanks, Keebon.
Still scared to get back into AAPL....I once owned in the $90. are and sold out at $110-115 or so....looks like one stock to hold forever, if there is such a thing these days....
I like the "new" CHK in the oil space...new mgt, got rid of Aubrey M and they are working on lowering the debt even more, and the price is way below the net worth of their assets. Ichan owns a ton of shares, and they pay a small divvy while you wait...I think this is the best value play in the energy space....would like to know what you guys think about it.....
This company is a mystery to me....trading at half the price of their book value, $11 in cash, and it sells for under $8.00....it has trouble earning money, which is hard to believe for an insurance company....nothing more profitable than selling life insurance...I just don't understand why it can't get out of its own way....raising interest rates in the US may help them on the investment side...who knows what is really going on here.....but the low price is a warning that something is not right.
I would get rid of Countrywide assets....analysts want them to spin off Merrill, which is their main money maker...if they do that, I am out...without Merrill, there will not much left but a book of mortgages and a stogy old bank that can't make their margins without much higher rates.
Ouch...you really know two to hurt a guy don't you....good luck with LNCO...its just not for me....I have CHK which is also a reach, but I think they have turned the corner.....I still think the price of oil goes down from here...I can't see it going much higher than it is now....I will wait on the sidelines for lower prices.
I am not nervous...I am pissed. Fundamentals mean nothing, only the big players move stock prices...It is now set to open at $18 today and who knows how low it will go from there.....it has had a great run but when the big money moves on, the price drops like a rock....should have had a stop in at $20, better yet, booked profits at $22. I would be sitting on the sidelines now with my profits in my pocket, waiting for the gaps from the meteoric rise to fill so I could buy back in...instead I am losing money daily. Anyone who says that they are fine with watching their account value getting crushed daily is either a liar or just plain stupid. When will the momentum players come back? Don't know....lots of fast money went into ADRO...and I hope it comes out just as fast and back into ADXS....looking to buy warrants this time, one price settles....$17.00 is a big deal on the chart...if it blows through $17, we will have more pain to endure....if it holds, that would be very good for us.
RB Gambler....long and pissed.
I looked at the chart and it looked ripe for a correction....WRONG! It's a rocket...straight up since I looked at it, $5.00 ago....missed opportunity on MIC, sold SFL too soon, holding too much BAC instead of more JPM,
and price of oil continues to rise, as I sit here watching NOV, PGH, DMP, OKS go up and up....at least I did buy CHK......yep...next time I give an opinion about anything, just do the opposite...UGH!
Linn and Breitburn are both dogs....they would be the last places I would go...too many other quality stocks to buy in that space.
Got to agree with DH...I have been waiting for the same market adjustment for 3 yrs now, and it has not happened...kept too much cash on the sidelines in anticipation of a correction that did not take place, and lost money trying to time the fall by buying TZA, TVIX and SDS....what goes up can actually continue to go up, as long as the environment for stocks ad DH mentioned above, remains positive......I own CHK as a value play....nothing else, just yet in the oil patch. Looking at NOV and some pipeline MLP's...that's it....I still think oil is going lower from here, and I may nibble at that time...but...that do I know.
ADXS has not presented yet at the Boston conference...they will today. Can't be any bad news, or they would
have cancelled the presentation...that's what I would have done anyway.
I am long both....
Looks like you will....BIND is dropping like a rock
Bayman...I am with you on these moves, except for WMC...it has been one of the best performers in the REIT space for a couple of years now, and shows no signs of weakness...at least I didn't see any...what are you seeing that has made you bail out of an 18% yield here?
I sold most of mine today at $15.52....better safe than sorry....I am sure it will dip into the $14's again, so I can just buy it back if I want to....Don't know if I should buy any NAT or not...I have NMM and KNOT...don't know if I want another company in that space, as I am not very informed when it comes to tankers.
Stock is probably trading at fair value now....I would be a buyer under $60, just for the assets...once over paid, bloated and inept mgt is removed, the true value can be unlocked...but not before.
I have sold some BAC and moved it to JPM...they are now equal positions....my largest positions in SEP/ROTH IRA's are;
WMC, NRZ, AGNC, NYMT, STON, SFL, KNOP, MORL, UAN, BAC and JPM...to a lessor extent now, ADXS, (but since it goes up almost every day, even with only 25% or my original position, it is still a significant portion of my portfolio)...small positions in NMM, CHK, BRG, and a bunch of specialty Reits that I can't remember the symbols for...I have a large position in tax free muni funds in a family trust, as I hate paying taxes...I also have 5 other biotechs which are also doing quite well...GERN, INO, BLRX, IBIO, and KITE, which is becoming a large position again, because it has gone up a lot since I bought in at near the low for 12 months....without my biotechs, I would not be up 33% and growing this year....
I hope there is nothing serious going on with your health....I will say some prayers for you just in case...God listens to sinners like me!