In the northeast, in my town HD is doing a booming business right now. They have added staff and are making a concerted effort to be more attentive to customers in the store which was an issue in the past. I see this as a great time to get on the train that is just leaving the station.
thanks fusion, I appreciate your view. I need to hear some of the geo/political/financial contraption of a world we have to "invest" in at this point in time. I like the term "controlled folly" from the castenada books. It does make sense that there would be a concerted effort by currency printers to discourage investment in other forms of "value". The intrinsic value of PM's has to circle back but your caution re time lines is prudent shower advice. I'm not sure how but I can't shake the suspicion that all retail investing is being gamed, us little guys trying to "buy low, sell high" are being set up like bowling pins. However, I'm keeping my head above water and when things get too sleazy my friend says you just have to shower more often. I,m going to have AG on my close watch again and open a small position next week.
I agree with your overall view. I have traded this stock for a few yrs and done OK. 6 months or so ago I stopped as it seemed to stop responding to the usual techs, evals, and basically supply and demand. I haven't heard or read anything that explains this. The tax hike could have been a variable but it would have affected across the board. does anyone have any info that makes sense? Its tempting always to resort to sarcasm re mkt manipulation, etc but there must be someone whho has an objective view on why smart investors are staying away. It's hard not to see current stock p as a screeming buy but where are the buyers? Is it a sector issue? I want back in but feel like I need an objective view on this co/stock. I will always OWN my investing decisions.
I was picking up nickels in front of a steamroller with this for a while and gave up finally about 3 months ago. I have liked the large volatility moves with GAF for a couple yrs re day, week, month trades. Now I,m looking for best entry pt again. Let the games begin (in my head). All the best to ya ACO.
aco, are these guys the AT&T of Rio? Very decent dividend. What happened to them beginning of last yr to July last yr? Mostly flat since that monster decline.
In Mexico you pay your "corruption tax" to whoever is your local strongman or you don't do business. That is the nature of capitalism down there. Money can be made by investors for sure but that scenario will forever have its "risk factor" re the struggle between who is the strongest strongman. Capitalism down the barrel of a gun. Not as bad or quite as ruthless as Russia but a battle none the less. Some people prefer that environment, others don't.
Is this due to some over-all uncertainty re outcome of the giant bankruptcy proceedings of Brazilian tycoon? The world is watching! This is a volatile stock for sure and seems particularly sensitive to ANY news out of Brazil. I have done pretty well "month-trading" this over the past few yrs and this is definately buying territory. May have to wait a bit but the upside is often as big a jump as down run. I know this is just casino talk and I always appreciate those of you who invest with real DD behind your moves and your willingness to share on this board.
fossil fuels produced domestically or abroad sell to the highest bidder. why do you think it is more important to get a pipeline to the gulf coast than to build an expensive refinery in the middle of the country. the stuff HAS to be able to get to the highest bidder. It is just the way of things. Most of Alaska oil goes across the pacific. Its funny to hear people say drill baby drill and that will bring down price of gas. Uh, nope.
I got in and out of this stock many times in the past and made a few bucks. They seemed to be a solid small co with progressive thinking mgt (attempt to recover methane from garbage dumps, etc, small pipeline from source to users, old well recovery attempts) and there was an informed core message board including oiland gasman, and others. For the past yr core grp is gone and mgt seems to be extracting what ever value is left in this co in the form of paychecks. It may be they are winding down and just looking to cash out.
Hey aco, isn't this just the most volatile little thing you ever saw. It catches the eye of casino day traders thats for sure. Volume is right up there. I always wonder who is behind all those trades and what's their motivation aside, of course, making money. Way under valued,, low pps, and relatively stable seems to be a sort of criteria for entry into the casino. Whatever........as long as the lows keep getting higher.......and they have been.