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Bosshogg55

Bosshogg55
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  • 5 Years After The Oil Spill, BP Has Battles To Fight On Multiple Fronts - Will It Prevail? [View article]
    You didn't disappoint me. I knew you would come back with something crass. At some point when it makes sense to me, I will be back into BP and I will make money on BP. That's a guarantee. In the meantime, I have a great divvie cash flow and am living quite comfortably off of it. So, stick THAT in YOUR Stochastics. I'm finished with you and will not respond to your next crass remarks. Get a life.
    Apr 21, 2015. 02:00 PM | Likes Like |Link to Comment
  • 5 Years After The Oil Spill, BP Has Battles To Fight On Multiple Fronts - Will It Prevail? [View article]
    Rube123, whoever you are: You obviously do not know how to read. Stochastics is only ONE thing I look at. What part of "totality of circumstances" do you not comprehend? BP is not for me. I tried to be polite commenting on BP's behavior, but you didn't seem to get it. Sell off? Nope, not me. I've been out for a while now -- and, yes, I made money. Put away your flame thrower before you burn yourself. It has no place here.
    Apr 20, 2015. 10:56 PM | 1 Like Like |Link to Comment
  • 5 Years After The Oil Spill, BP Has Battles To Fight On Multiple Fronts - Will It Prevail? [View article]
    Wow!! Talk about some emotional and passionate remarks here!! Here's my take: BP is overvalued at today's price of $42.82/share (NYSE: BP). I usually employ a "totality of circumstances" analysis of a company, simply because no "one" particular metric works all the time. However, I pulled up a Stochastics reading of 95.22 -- which lands BP squarely in overvalued territory. It's a pretty reliable oscillator. As for their corporate behavior, it's obviously not very impressive and I don't like what I am seeing in what they are doing. That having been said, one must weigh their perceived (and perhaps justifiably so) "lack of responsible corporate citizenship" qualities against the potential benefits that may inure to your portfolio in the event you purchase and hold their stock. Right now, I'm out. As I said, it's overvalued from where I sit. NOW, I'm outta here before the flamethrowers scorch my bottom!!
    Apr 20, 2015. 08:15 PM | 1 Like Like |Link to Comment
  • BP's Gulf of Mexico cleanup going better than expected, Bloomberg reports [View news story]
    Thank you so very much for the much welcome sarcasm. I am equally impressed with your pontification on fraud. There are decent entry and exit points for every stock one can use when buying ans selling securities. Stochastics happens to be one of them and right now, it is showing BP as overvalued. Is it wrong? maybe, maybe not -- but it is a good solid oscillator to look at in conjunction with everything else.

    As to bogus claims against BP: They set themselves up for that nonsense. It's wrong, I agree and I do not condone it, however, there it is -- it happened. So, as a BP investor, you're just going to have to live with those facts -- or simply not own the stock. It's as simple as that.
    Apr 18, 2015. 08:16 AM | 1 Like Like |Link to Comment
  • BP's Gulf of Mexico cleanup going better than expected, Bloomberg reports [View news story]
    No, just watch your Stochastics graphing and it will guide you. It's not 100% foolproof but it will give you a good idea of an entry point.
    Apr 18, 2015. 08:10 AM | Likes Like |Link to Comment
  • BP's Gulf of Mexico cleanup going better than expected, Bloomberg reports [View news story]
    @ $42.55/share, BP is overbought. I won't touch it at anything > than $37. Over the past couple years, I've been in and out of BP twice -- making a little $ each time. There needs to be more certainty with this company and the Gulf oil spill before I will consider it anything more than a trade.
    Apr 16, 2015. 10:19 PM | 1 Like Like |Link to Comment
  • The MLP Story That Few Appreciate, And How To Make Money From Their Mistake [View article]
    You know, in the overall scheme of things, this approach makes the most sense. I ALSO NEVER put tax sheltered investments in my tax sheltered account. I own MLPs in my main portfolio and there is never any reason to be concerned with UBTI within that context.

    However, parenthetically, I manage a small investment portfolio for a 501(c)10 tax exempt fraternal organization and the rules there are similar to those of IRAs as concerns UBTI. So, I consider this organization's portfolio as the equivalent of a tax sheltered account and I pick the investments for that portfolio accordingly.
    Apr 13, 2015. 08:16 AM | Likes Like |Link to Comment
  • Chesapeake chairman buys 1M shares worth nearly $14M [View news story]
    $9/share? Wow! There are a lot out there (including me) who will have really large losses if CHK drops in price to $9/share and stays in that range.
    Apr 6, 2015. 08:21 AM | 1 Like Like |Link to Comment
  • The MLP Story That Few Appreciate, And How To Make Money From Their Mistake [View article]
    I have no doubt that's right. I do my own taxes and my "book" has a few MLPs I have owned a while. So far, nothing I have done has been questioned -- and the IRS has "corrected" things on my returns in the past, with no adverse consequences.
    Apr 5, 2015. 06:53 AM | 2 Likes Like |Link to Comment
  • Chesapeake chairman buys 1M shares worth nearly $14M [View news story]
    I guess that "validates" my purchase this month. Let's hope they're right. CHK is undervalued.
    Apr 1, 2015. 12:30 PM | 1 Like Like |Link to Comment
  • BlackRock Kelso: Why We Went From Bear To Bull [View article]
    I also got out at $9.20. I had blended holdings of two lots -- one I overpaid for vastly and another when it crashed to a nice low price when I "doubled down." The aggregate result was a small cap gain -- AND some nice divvie income during the hold. My full Stochastics reading is showing this thing as currently overbought @ $9.06/share. This one is on my watch list and I will buy again when it comes back down to a more reasonable valuation. Its history shows that it seems to fluctuate in price quite a bit.
    Apr 1, 2015. 08:25 AM | Likes Like |Link to Comment
  • FT: Oil majors over a barrel due to falling reserves [View news story]
    Hah!! I lived in Brazil for 3 years when I was very young. It would have to be something absolutely foolproof for me to even consider something as an investment there. Corruption? Yup -- more than you can ever fathom. And to make matters worse, they will tell you whatever they think you want to hear and then do precisely what THEY want anyway. I will say one thing though: They are fantastic people to be around and some of the most friendly and hospitable folks you will ever meet. Just don't do business down there -- and that includes owning stocks in Brazilian companies. Wayyyyy tooooooo risky!!! PBR: not in my portfolio.
    Mar 31, 2015. 07:36 PM | 2 Likes Like |Link to Comment
  • Ensco drilling contract cut short [View news story]
    I managed to get out of BP clean a few weeks ago, bagging the "divvie"in the process. Looking at it today, despite it closing @ $39.84, it is not even close to being undervalued. It's on my watch list but I don't see it as a buy anytime soon.
    Mar 31, 2015. 08:49 AM | 1 Like Like |Link to Comment
  • Nasdaq Dividend Achievers: Kimberly-Clark [View article]
    My slow Stochastics graph is something I use as one "screening" tool for over/undervaluation. On KMB, it shows that it is far from being undervalued. And, it still has a ways to go before it's real overvalued. But, this is not the time I would pick to buy KMB, although I do like the company. I need a lower price entry point.
    Mar 29, 2015. 08:29 PM | Likes Like |Link to Comment
  • Dividend Growth Stock Overview: People's United Financial, Inc. [View article]
    After it did the second step mutual conversion, it stagnated in value. For any who bought in that IPO conversion in April, 2007, they got screwed as it never ever came back. It will be interesting if this stock ever ceases to be range bound and break to the upside. Doubtful.......
    Mar 27, 2015. 10:45 AM | Likes Like |Link to Comment
COMMENTS STATS
104 Comments
86 Likes