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  • Pengrowth Energy: A 53% Discount To Book Value Plus A 12% Yield [View article]
    I understood what has been written above, like you, I cannot understand why it has been dropping since I bought 1,500 shares at average $4.60 in Jan and Feb 2013, but it is the 5 years chart that sort of says it all to me. Except some big surprises, stock with a chart like that does not go back up. I put in order to sell all tomorrow, take $500 loss and walk away. Biggest problem for retail investors (like me) is they hang on to losers, while pros just dump losers regardless of the loss, easy for them, it is not their money, nevertheless the right thing to do.
    Feb 28 03:13 AM | Likes Like |Link to Comment
  • Pengrowth Energy: A 53% Discount To Book Value Plus A 12% Yield [View article]
    Thank you for the well written article and for the conversation above, the more I read the more confused I got, which leads me to: "When there is a doubt, there is no doubt." My gut conclusion is PGH will cut div and price will continue to go down. I need my investment on cruise control, this one needs high intensity eyeballs. I am new to PGH, have not even gotten my first div yet, will take a small loss and move on, and there are 1,000s of better choices.

    If I am wrong, that is fine, because I won't even know, once it is sold, out of sight, out of mind.
    Feb 28 12:58 AM | Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    No, Chicken Little, actually to show you that you are an idiot to worry about crash or deficit or Detriot going out of business, same stuff I heard for decades, nothing really changed, yet you are jumping up and down and making a fool out of yourself. Everybody knows it is a joke except YOU.
    Feb 23 03:42 PM | 1 Like Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    47% don't pay tax. top 50% pays 97.75% of all taxes, top 25% pays 87.30% of taxes.
    Who do you think are those 50%? or 25%? rich people? or just average hard working Americans? People here, our neighbors and everyone we know.

    When was last time your government said they have enough money and need no extra taxes? Just like fixing any families that spends morre than what they make, CUT SPENDING! Fire 20% of all government workers, cut 20% off everything.

    Don't worry, it is only a matter of few years before they will add back all 20% of workers and more, and spend more and more again. How stupid can one be to give an addict more money?
    Feb 23 12:04 AM | 6 Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    have you consider cutting down expenses? instead of collecting more taxes which only leads to even more expenses and more taxes.
    Feb 22 10:32 PM | 1 Like Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    47% don't pay tax. why not?
    top 50% pays 97.75% of all taxes.
    top 25% pays 87.30% of taxes.
    top 10% pays 70.47% taxes.

    So, how much more would you like me to pay?
    Feb 22 04:41 PM | 1 Like Like |Link to Comment
  • The 'De-Bestbuyification' Of Consumer Electronics [View article]
    I have not been to a BestBuy in years, there is just absolutely no desire or need to visit BestBuy. I check its Sunday ad and found nothing to buy, at whatever price, there is just nothing really NEW to attract me.

    Almost everything I buy now is online, Bose SoundWaveIII, iphone5, Netgear wifi extender, Samsung 17.3" laptop, kitchen vent, 36" apron sink, faucets, bed sheets, lightings, light bulbs, mattress, HP printer.

    Why do I need to drive to BestBuy and deal with one of those pimple face rude and arrogant kids? if you can nail one down. It is okay to be rude to me, I'll close you down, I'll kill your entire chain. I am average Joe, I do what everybody else do, and everybody else do what I do.
    Feb 21 09:11 PM | Likes Like |Link to Comment
  • Lowe's And Home Depot Earnings Previews: Better Way To Play The Housing Rebound [View article]
    Very true, ever since I re-entered the home ownership in summer 2012, I have been to both HD and Lowe's dozens of times, not including $100,000 renovation, during which, the contractors made daily trips to HD for parts and supplies. After the renovation is completed, I myself spent over $1,000 on plants and flowers for the garden in these 2 stores, that is just for 5% of the garden, the remaining 95% must be done at some point in the next few years. After I sold my home before the housing crash, I did not visit HD or Lowe's once in many years.
    Feb 21 08:02 PM | Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    You can't have gov workers to go out and do service, they are experts on making up reports and charts to show what they have done for us, why we cannot live without them. Just fire 20% of them, I guarantee you life will go on, recession, so what, if that is what it takes to cut off the addiction, so be it.

    With all these Republican-bashing going on nonstop on all networks, can you imagine what will happen if the Republicans are not there? if Obama can do whatever he wants? just count the things that will happen.
    Feb 21 03:12 PM | 1 Like Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    It is a matter of lack of experience. Kids who think they are smarter than us tend to get all excited. If you live long enough, you have seen multiple recessions and crashes, gas up and down, bankruptcies, happened and will happen again, it is just the same stuff recycling themselves.

    I picked up some really unbelievable great buys in 2008, 1,000%-2,000% up. Only regret is I did not buy more. Recession and market crashes are not bad things for everybody. 2007-2011 were the most profitable years for me.
    Feb 21 12:55 PM | Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    China bought more US debt, now holds $1.3 trillion US debt, I don't know why people complain about that, we print they buy, what better business than printing money? In terms of Gov debt, we don't even have to print paper money, saves paper, eco-friendly.
    Feb 21 03:08 AM | 1 Like Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    There is actually something bigger to worry about, in today's paper, scientist found out the universe will go kaput in x billions of years. Here we are worrying about Reader's Digist or Detriot going bankrupted, I for one am far more worried about universe going bankrupt in X billions years, the fact that scientists did not specify the date is most worrisome to me, what are they trying to hide? Tell me! I can handle the truth.
    Feb 21 02:52 AM | 3 Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    None of the 20 points are anything new. Since when gasoline going up or down is news? or magazine, casino or Detriot going bankrupt is news? it is amazing Sear, Penny, BestBuy or RadioShack are still in busuiness, sequestration is good news except it will never happen, fire 20% of all government workers and life goes on. Chicken Little Sky Is Falling gets old and tired, you got to come up with something really shocking and we have not heard before.
    Feb 21 01:02 AM | 1 Like Like |Link to Comment
  • OfficeMax And Office Depot : 4 Reasons Why 2 Wrongs Make A Right [View article]
    You do not need to be No.1 to be a successful and profitable major company. If your child is not No.1 in the class, that does not mean there is no future for this kid, far from it.

    I will keep my ODP shares, if I sell it, that $9,000 will just disapprear into a river of numbers in annual tax returns and forgtten, water under the bridge, money I will not spend in my lifetime. It is more interesting to see it in portfolio list, it will make me happy for 1 second everytime I see it, and makes me live 1 second longer each time.
    Feb 20 12:21 PM | Likes Like |Link to Comment
  • OfficeMax And Office Depot : 4 Reasons Why 2 Wrongs Make A Right [View article]
    I could never understand why Staples always have done better than ODP through the years, to a consumer, Staples stores are no better than ODP, all nice, clean and bright, prices about the same.

    I was in an ODP store last week, bought a keyboard and a mouse for a new staffer, plus 2 cartons of copy paper. It was after work, I was in suit and tie, only 2 or 3 customers in that store. A businessman looking at printers, nobody talked to me or introduce the printers to me. I could've bought a printer if the sales staff is good, regardless of the price, I always think professionalism should be rewarded. Not to mention no one approached me at the keyboard or mouse section, no help from anyone for those 2 cartons of paper each weighing 10,000 Ibs (since you are there, can you please pick up 2 cartons of paper?), can't fool me again. No worker in a big empty ODP store knew I was there, from entry to exit, except the cashier.

    No complain, I am used to it, we all expect that in all chain stores.

    Another thing I cannot understand, why are Staples and ODP online prices higher than ads or stores? after a couple visits, one figured it out and don't even bother to check their sites anymore. I see many Staples phone orders invoices and emails, ofice manager does the buying.

    When ODP first came out, the independent stationery stores said it does not matter, because it is a matter of personal services, they know their customers and they have personal services, we all know what happened to your neighborhood stationery stores and national catalog houses, all died, ODP killed all of them, superior personal services did not matter back then.
    Feb 20 03:29 AM | Likes Like |Link to Comment
COMMENTS STATS
133 Comments
134 Likes