Codespeed

Codespeed
Contributor since: 2012
@FreeStateYank, thanks for your comment. I am glad you liked it and hope you bought at the time of recommendations.
Quite a solar storm today, folks. I continue to hold for the long run.
Thanks for the comment @au89. Add LAZ to this list as well.
Pretty good ride so far in this stock since July 11 (this article). Happy investing, folks :)
@lastleaf, I think $NBL is going to be sitting tight in the $60-$65 range until there are any additional positive news. I don't see any compelling reasons to buy at this price. Plus its dividend income isn't really impressive.
Thanks @ThinkingBig. I like CVX and XOM both as well.
WFR has almost doubled since this article. I am planning a follow up but still bullish. Happy investing, folks!
@mike Thanks :)
@nuggenman, The European Commission had just recently assessed that Cyprus will need to sell (not yet sold) about 400 million Euros worth of gold for financing the bailout...they own some 13.9 tonnes out of which, to generate the financing, they need to sell 10.3 tonnes of gold to generate that money. I think that is what the Reuters article is referring to.
What is next for Sprint after Dish's bid: Revisiting Sprint one more time
http://seekingalpha.co...
Next stop for Sprint after Dish's bid: Revisiting Sprint one more time
http://seekingalpha.co...
Post-Dish bid analysis: Revisiting Sprint one more time:
http://seekingalpha.co...
@lastleaf, I never tell investors to not take profits if they want to. The goal is to be net positive at the end of the game. That said, I agree with your stance of holding for next 1 year, and I am doing the same as well, but if this jumps through the roof past say, $6.50-$7 too soon, I will start trimming then. One thing is certain - expect wild swings and therefore, do not panic.
@SpoiledRottenBrat :)
@jargon1 that is unavoidable and cannot be regulated unless there are dire broad market-level circumstances. I think one needs to be patient with stocks like MEMC where the overall growth story is in the long run. Short term market pullbacks are opportunities. I'd not chase MEMC here, but I am not selling my current positions either. Upon dips though, I plan to accumulate...let the short sellers do what they want to do..in the long run, this might not even matter. By the way, interestingly, the Standard & Poors announced MEMC as Focus Stock of the Week yesterday on April 1.
@wapiti, Thanks for the comment. To some extent, this has been a complaint for many companies in the space, not just Apache. Take Chesapeake for instance. That is for activist investors to worry about, in my opinion, but remember that it does not always help.
Looking at the prospects and valuation, my take is that this should be more than a $100 stock in the long term.
I think today's news bodes well for NPSP. In the next year or so, this stock should easily trade above 15$ if there are no bad news around Gattex.
I actually hold PACD and plan to hold for more than a few years from now. It has got one of the youngest fleet in the ultra deepwater drilling market, a major differentiating factor.
@whitehead1, Good trade and good luck! I took notice that it now expects rental rates increase at a lower pace (4-4.5%) in 2013 compared to 2012 (6-7%). I took profits on my $14 trade, continue to hold my $38 position. I think this continues to go higher in the long run.
My target for S&P500 is 1550 for 2013 and I expect a rough summer considering that we are only 50 points away and that too already in January. I will trade the remaining positions depending on where the market is, but I do believe that till 2015 at least, URI is still in a sweet spot in the business cycle. It is good enough to go to $60 in the long run.
Update in Jan 2013: I am back in the Sprint wagon after taking profits for 2011-2012. For year 2013 now, have bought Sprint on the second day at $5.7, my new position for next year.
Update: I am back in the Sprint wagon for year 2013 now, on the second day at $5.7, my new position for 2013.
Maybe it is China iron ore/energy demand story, but many water transportation stocks are significantly up today (Jan 4 2013):
http://yhoo.it/ULu0gP
Folks,
URI makes new 52-week highs. I continue holding my $38 position but took profits on $14.87 lot (2012 end before fiscal cliff, and left money on the table - oh well).
Happy New Year!
Folks,
On Jan 3 2012, price crossed 50-day moving average indicating intermediate term bullishness. I continue to hold this stock.
Happy New Year!
Folks, I have sold my positions on Sprint, taking profits for the year.
I am still bullish on this stock in the long term and hope to get into the trade given a nice opportunity.
Folks, I have closed my positions on Sprint taking profits for the year.
I am still bullish on this stock in the long term and hope to get into the trade given a nice opportunity.
At this point I have closed my positions on Sprint taking profits for the year.
I am still bullish on this stock in the long term and hope to get into the trade given a nice opportunity.
Folks, at this point I have closed my positions on Sprint taking profits for the year.
I am still bullish on this stock in the long term and hope to get into the trade given a nice opportunity.
@Mr Dean, It is impossible to put myself in your shoes - what you and your family goes through is known only to you. But I agree with your comments. In fact, it is because of this hope that there have been instances when rare disease parents have actually fought for FDA approvals for their kids' disorders.
God bless your family and I pray that your child finds a therapeutic option for the rare condition. I have wondered if the government needs to do more to incentivize or even regulate so that huge pharmaceuticals end up doing more research on rare disorders.
P.S. Lets keep political views about the role of government or government debt out of this sensitive issue or make this a debate in the comments section. That's why I have used the word "wondered".
@Biomaster Most crucial drugs have side effects and a lengthy warning labels. I think that patients who are going through the horrible symptoms of SBS may eventually believe in the doctor's recommendation. There are many other drugs that have similar warnings.
That said, it really depends on how NPS handles its communication plans and the verbiage in the patient warnings. Keep a watch the company's Jan 2 announcements, the next earning call and whatever the FDA says about Gattex and Natpara.
@whitehead1 That is a sound strategy. I have always believed that its best to "sell half on a double".
The business URI is in is highly dependent on the business cycle that we are on. I believe we are getting out of a trough and in spite of small term setbacks in the economy, we are seeing growth accelerating domestically in the US (albeit slowly - but I'll take that anytime rather than having a recession or a depression). Rates are low and investor sentiment is still at record bearish levels (BofA Merill Lynch indicator is one metric that shows this). Energy story in the US is giving us exciting promises. If this slow take-off takes US to new heights, the likes of URI will continue to provide higher profits. Lets hope this goes to $50 or even $60 in 2013. Remember, URI depends on two things: Rental rates, and Utilization rates.....its not only the amount of construction activity. Always keep a watch on these two every quarterly earnings while you stick with URI.
Happy investing!
@Hohum Thanks for your comment. That is correct. The correction should appear soon.
As far as financing arrangements is concerned, there is the risk but the company already has reserved employment of more than three years of each of its vessels, and all set to generate revenues. Risk/Reward is appealing in my opinion.