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Ship Finance International Limited Message Board

staggman99 4904 posts  |  Last Activity: 6 hours ago Member since: Nov 1, 2006
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  • staggman99 staggman99 6 hours ago Flag

    sarge...good for you, it looks like you found out the reason for the drop in the share price of SFL today...! $tagg...!

  • staggman99 staggman99 9 hours ago Flag

    n-gas...it looks to me that SFL is following oil prices down which seems sort of weird to me (???)...what could have changed that much with SFL since Friday (???)...! $tagg...!

  • staggman99 staggman99 9 hours ago Flag

    sarge...we cannot have a rally in the markets like we just had without some of a pull-back...that said, I think the markets will rally again 'right after Xmas'...F and ADM are holding up good today; as gasoline prices keep dropping people will drive more and that will probably help ADM some because of the ethanol mandate (the more gas is used so goes ethanol)...

    I also feel there is 'more pain ahead' for the oil sector (lets hope I am wrong)...SFL is down really bad today, I wonder what that is all about (???)...I have a lot of major dividends coming in the next few days and I hope to invest them wisely as I still plan to add more NMM and start a position in NAO...! Happy Holidays to you and all other board members...! $tagg...!

  • staggman99 staggman99 13 hours ago Flag

    william...thanks for the information, a lot of people don't realize how well off we are in the U.S.,...! $tagg...!

  • Reply to

    Crude tanker and drybulk spot rates

    by keebon Dec 18, 2014 8:52 PM
    staggman99 staggman99 Dec 21, 2014 3:22 PM Flag

    k-bon...thanks, for the good information...! $tagg...!

  • Reply to

    Crude tanker and drybulk spot rates

    by keebon Dec 18, 2014 8:52 PM
    staggman99 staggman99 Dec 21, 2014 10:41 AM Flag

    gambler...sorry, that I overlooked your message on KNOP...KNOP looks like a fine company to invest in if you don't mind filing k-1 tax forms...I am burned out on filing k-1 tax forms, because we usually get them late and the tax benefit don't look that good to me when we sell those holdings...however, most investors on this message board like MLP's, LP's and etc., and don't share the same feeling about them as myself...KNOP is probably a fine investment for you if you do not mind messing with the k-1 tax forms...! Good luck...! $tagg...!

  • Reply to

    KMI is taking a beet down

    by madmax19471952 Dec 16, 2014 9:27 AM
    staggman99 staggman99 Dec 21, 2014 10:06 AM Flag

    sarge...I have CNBC on in my office all day long and sometimes I watch Cramer, however, I like Fast Money better than Cramer...more, a lot of investors are hot on pipelines at this time...the problem is that we do not get the real story on pipelines...i.e. when they say they are adding a lot more pipelines, are they small or large pipelines and what is the expected lifespan of them (???)...

    I have pipelines in the ground on some of my farms that have 'not been used' in years, they even shut down a major pumping station on one of my farms (I still have the large storage tanks)...I don't mean to be knocking oil all the time, as I have made a lot of profit investing in it in the past...but most investors do not understand the oil business at all...I think it is really funny when some investors say that Boone Pickens does not know what he is talking about...

    More, oil companies that cut back on 'capital spending' will show 'some strong short term profit' but will always suffer, profit wise, later on...all oil wells have a limited life span and oil companies (and natural gas) must keep drilling and producing more all the time just to keep their revenue stream constant...most land based oil companies end up shutting down more wells than they are adding to production, at some point in time...because of this, smaller oil companies that are new in business are usually more profitable than the large ones...

    I am not trying to act like a know-it-all, but I have had my 'boots on the ground' in and around the oil and natural gas fields all my life...most investors do not even know what a 'sucker rod' is...! Good luck investing...! $tagg...!

  • Reply to

    US Cuba Deal

    by golf19holes Dec 18, 2014 11:28 AM
    staggman99 staggman99 Dec 20, 2014 12:47 PM Flag

    dave...ADM is the largest corn processor in the world and 'Cuba will buy a lot of corn' products from ADM, Cargill and Bunge...! $tagg...!

  • Reply to

    ITS LOOKING A LOT BETTER NOW...!

    by staggman99 Dec 19, 2014 1:14 PM
    staggman99 staggman99 Dec 20, 2014 10:49 AM Flag

    k-bon...I am touting NMM and NAO at this time thanks to you, lol...I m already up 15.6% on NMM in just a few days...However, I do not own NAO yet, but I plan to add it sometime in the future (the CEO letter to the shareholders looks good to me)...! Please keep up the good tips, as you are making me a lot of profit, on growth and high yields...! $tagg...!

  • Reply to

    ITS LOOKING A LOT BETTER NOW...!

    by staggman99 Dec 19, 2014 1:14 PM
    staggman99 staggman99 Dec 20, 2014 10:30 AM Flag

    ed...it sounds to me like you are doing pretty good this year, as compared to the rest of us (good for you)...maybe we have gotten 'a bit spoiled' by getting very high Total Returns in past years...you were also right about MLPL as I made a great profit on it (it is no longer one of my holdings)...this current rally has been 'very sweet to me' and I feel the best is yet to come...! Please, keep the information flowing as you are one of the best...! $tagg...!

  • Reply to

    RIG, DO to Scrap Rigs

    by budfoxtrading Dec 19, 2014 4:07 PM
    staggman99 staggman99 Dec 19, 2014 6:24 PM Flag

    bud...good post, thanks for the info...! $tagg...!

  • Reply to

    ITS LOOKING A LOT BETTER NOW...!

    by staggman99 Dec 19, 2014 1:14 PM
    staggman99 staggman99 Dec 19, 2014 4:21 PM Flag

    k-bon...good point, however I was never touting VLCCF (it may have looked like it, but I never owned it)...I was only pointing out that it was doing very good 'on my watch list', at that point in time...I have also pointed out that NEWM is doing great, but sad to say I sold it after the spin-off and that was a mistake (NEWM has gone up 99.8% since I sold it)...

    The fact is, I do still have AWLCF but I sold FRO for a profit at about $54.00 a share and have never looked back...I have mention that it has rally some...I reason that I use to do a 'Show and Tell' was to let investors, that were interested, know my current holdings (as I enjoy seeing all of theirs)...! Not to make anybody mad, but I am now down about -3% YTD in the on-going rally...! $tagg...!

  • Reply to

    ITS LOOKING A LOT BETTER NOW...!

    by staggman99 Dec 19, 2014 1:14 PM
    staggman99 staggman99 Dec 19, 2014 3:54 PM Flag

    k-bon...you are doing fine by me...I also know that I brag a lot, but I am 72 years old and I have worked hard all my live and I have a lot to brag about because I have been very successful... however, I don't understand why a lot of investors are still in a bad mood when the markets have been in such a strong rally, unless they have a lot of their funds on the sidelines...! Again, thanks for the tip on NMM as I plan to keep adding more funds to it in the future (its the best tip I got on these message boards this year)...! I also like the looks of NAO (I also notice that the DOW is up again, this market may have strong legs)...! $tagg...!

  • Board members...2014 has been a very tough year for me, but it is now looking a lot better...I am now down less than -4% YTD in Total Returns and I have a lot of dividends on the way (very soon)...hopefully, we can start to move forward on our investments going into 2015...my portfolio leaders at this time 'in order' are NYMT, SFL, AI and NMM...! Even though the DOW is down today, this is 'the fourth great day in a row' for me...! $tagg...!

  • Reply to

    OT: 2 posts from the i.v. board

    by marklibera Dec 19, 2014 9:41 AM
    staggman99 staggman99 Dec 19, 2014 12:18 PM Flag

    sarge...the fact is, its always about 'Supply And Demand' (but oil is also priced in dollars)...when the supply of oil retreats, then oil prices will increase...lets not forget, that a lot of companies and consumers benefit fro lower oil prices..! Good luck with your apple...! $tagg...!

  • Reply to

    OT: 2 posts from the i.v. board

    by marklibera Dec 19, 2014 9:41 AM
    staggman99 staggman99 Dec 19, 2014 9:56 AM Flag

    Board members...a stronger dollar may push oil prices even lower (source: CNBC)...the fact is, a stronger dollar also hurts grain prices as they cost our trade partners in other countries more to purchase corn and soybeans...! $tagg...!

  • Reply to

    Crude tanker and drybulk spot rates

    by keebon Dec 18, 2014 8:52 PM
    staggman99 staggman99 Dec 19, 2014 9:09 AM Flag

    Board members...there was just 'Banner News' on CNBC which said, "The Santa Clause Rally Is For Real"...! Maybe it does help to keep the faith...! $tagg...!

  • Reply to

    HIGH YIELD INVESTING...!

    by staggman99 Dec 18, 2014 10:24 AM
    staggman99 staggman99 Dec 19, 2014 9:04 AM Flag

    ed...you sarge and bayman are among some of the best 'up beat investors' on this message board and I am not here to fight or disagree...but I am not going to let mark keep trying to make a fool out of me (he needs to look in his own wallet)...

    That said, my 'cash flow' (revenue stream) from my yields is a lot higher than it was at the beginning of 2014 because of re-investments and portfolio changes (yet my principal is sill down some)...

    My opinion is, that SDRL and NADL are both still good companies...but I sold them because they stopped paying out dividends and moved those funds into other holdings that are still paying out nice yields...

    I also feel very sorry for a lot of investors than have taken a major loss this year as it will take some a very long time to make up their losses...I also feel that investments in oil is still not the place to be at this time (however, I still have some stocks related to off-shore drillers, SFL and AWLCF)...the price of Illinois crude is now $47.00 a barrel (down $2.50, effective 12/19/14)...! $tagg...!

  • Reply to

    Crude tanker and drybulk spot rates

    by keebon Dec 18, 2014 8:52 PM
    staggman99 staggman99 Dec 19, 2014 12:06 AM Flag

    k-bon...I have CNBC on I my office all day long and there is talk about the shipping companies making a lot more profit because of lower fuel costs (even if they hedge fuel costs, it is only a percentage of what they use)...there is also a lot of talk on CNBC about the current rally and the January effect...

    In 1985 John Fredrisksen got in trouble with an insurance company because a lot of his ships were coming up short on heavy oil that they were hauling...a system was found for using some of the heavy bunker oil to run the ships and JF ended up paying some stiff fines to the insurance company...my point is, that fuel is a major expense for shipping companies and we can probably profit from some of their current lower expenses....

    Myself, I have had 'three great days' in the markets, yet I find it a bit strange that most investors on this message board do not seem very excited about it...i.e. NMM (yield now about 15.4%) is up over 12% in the last couple of days (thanks for the tip)...! I also don't see how the Dow can go up 700 points in two days without some of a pull-back, tomorrow should be interesting...thanks for posting the current shipping rates...! $tagg...!

  • Reply to

    AI declares

    by bobdbeck Dec 18, 2014 6:30 PM
    staggman99 staggman99 Dec 18, 2014 7:04 PM Flag

    bob...thanks, that very good, as I still own AI, NYMT and WMC...I think I receive a dividend from AWLCF tomorrow...! $tagg...!

SFL
13.92-1.170(-7.75%)Dec 22 4:02 PMEST

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