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  • Freeport-McMoRan Is Attractive [View article]
    I expect it cost them about 90-110 million pounds of copper in sales. That's about $300 million in revenue and would have pushed EPS to $0.55-$0.58
    Apr 24 03:33 PM | Likes Like |Link to Comment
  • AT&T: Upside Past $38 [View article]
    Thanks! Good luck investing!
    Apr 23 09:12 AM | Likes Like |Link to Comment
  • General Electric's Fair Value Is $35 [View article]
    there seems to be a "conglomerate discount." Investors seem to prefer pure plays, which is why many activists have been pushing for break-ups. At some point, I expect shares to reflect the operating performance of the company. For now, you can get a great company at an attractive price.
    Apr 17 03:41 PM | 1 Like Like |Link to Comment
  • General Electric's Fair Value Is $35 [View article]
    thanks for the comment!
    Apr 17 03:40 PM | Likes Like |Link to Comment
  • Kinder Morgan Energy Partners: Enjoy Continued Growth [View article]
    Morgan Stanley reiterated its underweight call today, which may be weighing on KMP. KMP has also rallied a bit over the past month, so some may be taking profits.
    Apr 17 03:39 PM | 1 Like Like |Link to Comment
  • Kinder Morgan Energy Partners: Enjoy Continued Growth [View article]
    DCF is distributable cash flow, essentially operating cash flow less maintenance cap-ex. In an MLP, the stock is called a "unit" not a "share." As a consequence, it is unit count not share count. It is the average number of KMP units outstanding during the quarter.
    Apr 17 11:08 AM | 2 Likes Like |Link to Comment
  • Chevron Is Dead Money [View article]
    Precisely right Gary! In rangebound stocks, the best position is often no position!
    Apr 10 03:49 PM | Likes Like |Link to Comment
  • Is The Linn Energy Distribution Safe? [View article]
    Thanks for the comment. I agree Linn will continue to acquire new assets to make it harder to see the underperformance of their legacy portfolio. In the end, this will only dilute shareholders and force a harsh distribution cut.
    Apr 9 10:55 AM | Likes Like |Link to Comment
  • Buy AIG To Profit Off Yellen [View article]
    AIG greatly diluted existing holders during 2008-2009 so those losses will not be fully recouped at least not for decades. The government took a massive stake in return for its capital injection, and that impaired shares. I would hold on the warrants for now as shares should continue to rise from here, though they won't reach pre-crisis levels.
    Mar 21 04:06 PM | Likes Like |Link to Comment
  • Cisco Should Be Upgraded, Not Downgraded [View article]
    The MSFT analogy is an interesting one, though its stock is starting to move higher. Maybe CSCO will follow.
    Mar 19 01:39 PM | Likes Like |Link to Comment
  • Cramer Dumps Linn, Should You? [View article]
    My 5% KMP dividend growth rate is forward looking over the next 3-5 years, hence the difference with historical figures.
    Mar 19 01:09 PM | Likes Like |Link to Comment
  • Oracle: Wait For $35 Before Buying [View article]
    fair point that the market as a whole looks over-valued compared to Oracle. Personally, I think the broader market is over-priced and due for a pull back, which likely would pull down shares of Oracle too. That's why I think waiting for $35 is a wise strategy. Certainly though, Oracle is less overvalued than many other equities.
    Mar 19 10:27 AM | Likes Like |Link to Comment
  • Cramer Dumps Linn, Should You? [View article]
    Randyguyer, thank you for bringing up the opportunity cost. Investors often focus too much on tax consequences and not enough on the fact their money can grow better elsewhere.
    Mar 12 06:00 PM | Likes Like |Link to Comment
  • Freeport-McMoRan: China Concerns Are Overblown [View article]
    Thanks for the insight! I agree that the market is grossly underestimating the O&G properties.
    Mar 12 05:58 PM | Likes Like |Link to Comment
  • Cramer Dumps Linn, Should You? [View article]
    You are right on the put accounting, though I think Linn has stopped using puts and has switched into swaps, which could alleviate these issues a bit going forward.
    Mar 12 01:03 PM | 3 Likes Like |Link to Comment
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