if what you label as investment advice, let me tell you it sucks. you have never been right with bp and you never will. your next assignment will be in the Gulf of Mexico on a BP Drilling rig 250 miles from shore as their safety cow girl. you seem to have all of the qualities for the job. certainly your big mouth fits the bill.
We just blew thru the current level of resistance of 43.76 on the chart and up we go!
You called it bill. Good man.
let`s see if she holds.
Doc, I know exactly where you are coming from. Many years ago, I learned the hard way. Never Sell in a Panic. I made that mistake a few times. In the last ten years, I Buy when everyone else is Panic Mode. Yes, it takes Guts and Nerves of Steel and that`s me!! During the 2008-2009 Crash, I seriously thought that the Almighty US Dollar was going Kaput! I trust that you know where I`m coming from. But with every nasty sell off, everytime the market has come back!
Doc, as indicated earlier that I have been accumulating BP, don`t misunderstand that there is obviously an element of risk involved. I look at BP today with the majority of the bad news essentially is behind them [ yes, some more fines to deal with ] and with their Revenues running in Excess of a Billion Dollars/Day, they will certainly be able to deal with the remaining issues relatively easy barring something out of left field that I don`t see coming. Since buying BP, I have has two Dividend increases. Let see what BP Reports on Oct. 29th!
Have a good evening.
Nice chatting with you!
Hey doc, I truthfully can say that I have not sold one single share of Boeing and I
also have some going back to 2002 at around 44.18/sh.
I also have done the same with UTX...........
have accumulated NEE for over ten years and watched the divvy almost double!
Since Oct. 2011, I have been dollar cost averaging with BP.
I have some as low as 36.50 and some as high as 45.15
with my average cost of 41.56 with a dividend Yield
or Cost to Yield of 5.205%
I like to accumulate quality companys over time. I really don`t care about
the Daily, Monthly or Yearly price swings......I`m seeking Income!!!
I have learned that trying to time the market, you will lose over the long term.
Admittedly, I won`t bat a hundred, but I`m way ahead!!!
That`s just me.
October 24, 2013
Boeing (BA) Target Raised to $156.
Expected FCF for in 2015 is $13.00/sh and $17.00 for 2017.
I can`t believe I bought Boeing on 11/26/08 @ $40.18.
It`s mind boggling. Yes, sometimes it pays to Buy and Hold!
Technical analysis (as of: 2013-10-14 12:14:35 PM)
Our rating system posted a STRONG BUY today, upgraded from lower rating. This stock seems to be very strong for long buyers.
Six months: 50.06 One year: 58.47
The United States Court of Appeals in New Orleans, while upholding the lower court’s dismissal of a BP lawsuit against Mr. Juneau, ordered Judge Barbier to give “further consideration” to the complaints.
“The district court had no authority to approve the settlement of a class that included members that had not sustained losses at all, or had sustained losses unrelated to the oil spill as BP alleges,” the court ruled. It concluded that in the event that the administrator was interpreting the settlement to include people who did not suffer spill damages, “the settlement is unlawful.”
just buy bp, collect the juicy divvy and be patient. our day will come.
Sentiment: Strong Buy