sharksm

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    • Thu Jun 19th 12:36 PM | Rating: 0 0
      Commented on:
      Gas but Not Least - Cramer's Mad Money (6/18/08)
      Cramer is a moron, only exceeded by those who swear by him. I have been Investing in energy since 1999 when oil was $12 bbl and nat. gas wass 1.72 mcf. I have and do still own CHK, COP,XOM, XTO. CVX, HK, numerous oil service & drillers and recently sold DVN which I had purchased at $7.00. Over those years I have heard Cramer scream buy, sell, buy sell, etc. ad nauseum. When a stock is at it's high, he yells, buy, buy, buy, and when it falls back he turns like a weathervane and yells sell. The normal ratio between oil & natural gas is 8-1 not 6-1, and natural gas will probably pull back into the $9-10 area, at which time Cramer with his clownlike appearance will, sweat,a wipe his brow and say take it off the table. He is an idiot and only exceeded by his fans. Since the cost of producing natural gas is less than $3.00 mcf, even $9.00 provides a nice margin. Also look at the drillers and service Companies, like PDC, HAL,RIG, NE, DO, PDS (which pays a 5% dividend), HERO, etc . I own them all.
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    • Wed Jun 18th 17:16 PM | Rating: 0 0
      Commented on:
      Reasons to Love 3-Digit Oil
      Nerf: What's your point? I'm not arguing against more fuel efficient cars , hydrogen cars, etc., etc. I'm merely stating that COP, XOM, CVX, etc are oil and natural gas companies. It's not their responsibility to develop anything other than more oil and natural gas. I suggest all the gasbags in Congress who are asking for alternative energy, raise a few billion dollars and form their own company. I have been invested in energy since it was $12 bbl and nat. gas $1.75 mcf. It's not my responsibility to help out the morons in congress who want more oil at cheaper prices and refuse to allow drilling.
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    • Wed Jun 18th 08:57 AM | Rating: 0 0
      Commented on:
      Reasons to Love 3-Digit Oil
      Trying to make XOM, COP, CVX, etc responsible for developing alternatve energy sources is crazy. They are in the oil and natural gas business and no corporation should be forced to use it's profits to develop a technology that will put itself out of business. Of all the hot air coming from the morons in Congress could be harnessed, the energy problem would be solved. All this talk about alternative energy isn't going to solve the problem of the 200 million conventional gasoline fueled cars on the road. The Politicians seem to believe that the average American should simply trash his car and spend $45,000 on a new electric or some other "alt. energy" vehicle. As the elitists that they are, they can't pit themselves in the place of the average American. If Obama gets elected, with his friends running Congress, we better get used to $5.00 or $6.00 gas. For the U.S. to blame OPEC for not producing enough oil, when we ourselves refuse to do so is idiotic.
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    • Sun Jun 15th 13:04 PM | Rating: 0 0
      Commented on:
      Williams Companies: A Natural Gas Play that Thrives
      I don't buy Amex or Nasdaq single digit stocks. they are too risky for me. Remember, WMB had been a $55.00 stock until it got involved in energy trading during the Enron debacle, and fell. When I bought the stock the NAV was close to $20.00. I also bought 10,000 shares of EP at $4.00 and still hold it But bought 10,000 MIR at $5.00 and lost it all when they went chapter 11. I did note however, that thhe CEO of SCU recentlly bought 10,000 shares. Good luck!
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    • Sun Jun 15th 10:38 AM | Rating: 0 0
      Commented on:
      Williams Companies: A Natural Gas Play that Thrives
      I bought 10,000 shares of WMB @ $2.72 in 2003. So much for those who advise against buy & hold!
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    • Tue Jun 10th 13:21 PM | Rating: 0 0
      Commented on:
      Nationalizing Oil: Well-Intentioned, But Wrong
      If you want to know how efficient Government is, just look at OTB (Off Track Betting) in New York. It's the only time in recorded history that bookmakers actually LOSE money!!!!!!!!!!
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    • Tue Jun 10th 12:14 PM | Rating: 0 0
      Commented on:
      Nationalizing Oil: Well-Intentioned, But Wrong
      If you think Maxine Waters is clueless, spend a little time listening to Obama. He makes her sound like a P.H.D.
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    • Tue Jun 10th 08:54 AM | Rating: 0 0
      Commented on:
      Nationalizing Oil: Well-Intentioned, But Wrong
      Maxine Walters is a well known idiot and probably one of the least intelligent in Congress, which is saying a lot. In a group made of the most mediocre "executives" in the world, she shines as the worst. The fact that the American people continue to re-elect such morons to Government never ceases to amaze me. The older I get, the more demoralized I become about our Political situation. Having to vote for the least "worst" of the candidates election after election makes one wonder if we wouldn't be better off with a benevolent, but intelligent dictator.
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    • Tue Jun 10th 08:49 AM | Rating: 0 0
      Commented on:
      Bank of America: Smarter Than We Think?
      Lewis should lose his job. He is no better than Jimmy Cayne at Bear Stearns. Throwing good after bad is the sign of a moron. I am a long time holderr of 6,000 shares
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