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six-oh

six-oh
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  • Is The Oil Super Cycle Over? [View article]
    It is highly annoying that "Kappaseek" can repeatedly post bombastic drivel about global warming, carbon credits, all of which are imbued with her pushy political agenda, but when I point out that SA is about issues, and making money, I get my post deleted?

    I guess Kappaseek can continue to post relentlessly, pushing her vague "eco-friendly" agenda and be absolutely adding nothing to the dialog about the one thing we are all here for... making money.

    I wonder how long this post will last before it too gets deleted?
    Dec 28, 2014. 09:22 PM | Likes Like |Link to Comment
  • Lofty U.S. Stock Markets At Dangerous Topping Valuations [View article]
    Been reading comments like this on SA for years now. Eventually you might be correct.
    Dec 21, 2014. 08:14 AM | Likes Like |Link to Comment
  • Lofty U.S. Stock Markets At Dangerous Topping Valuations [View article]
    Berry - Thanks for the apology. No need though. If you are new to SA, and the investing world, may I suggest reading "The Intelligent Investor" by Benjamin Graham? It's an excellent read, and is perfect for someone at your level. Cheers!
    Dec 16, 2014. 06:24 PM | Likes Like |Link to Comment
  • Lofty U.S. Stock Markets At Dangerous Topping Valuations [View article]
    berry - Your comment does not make sense. Cheers.
    Dec 15, 2014. 11:45 PM | Likes Like |Link to Comment
  • Lofty U.S. Stock Markets At Dangerous Topping Valuations [View article]
    This author published the nearly the EXACT SAME ARTICLE in April of this year!

    http://seekingalpha.co...

    If he keeps publishing it, maybe his thesis will come true! And at the very least, he can get you to read his other gold-pumping articles.

    SA EDITORS: Please vet this guy and perhaps weed out some of his chaff.
    Dec 15, 2014. 07:25 PM | 3 Likes Like |Link to Comment
  • McDonald's Can Come Back [View article]
    Just calculated my lunch CMG burrito of choice. Flour tortilla, with black beans, rice, medium hot sauce, sour cream, guacamole, and lettuce. I threw in chips, but did not include the calories from a large coke. The total calories for my one burrito and chips? 1,520 calories. Nearly an entire day's worth of calories.

    One can make the argument that the ingredients are better (mostly a matter of opinion), but no way is CMG healthier than any other fast food restaurant.

    The interesting thing is that the obesity rate in America rises year in, and year out, largely because of oversized portions that Americans love, and equate with value.

    Get fat with MCD, or get fat with CMG. Pick your poison, but for the love of all things obesity-related, please stop with promulgating the myth that CMG is healthier than any other fast food joint.
    Dec 10, 2014. 09:35 AM | 14 Likes Like |Link to Comment
  • Exxon Mobil: A Massive Buying Opportunity? Don't Drink The Kool-Aid [View article]
    If one accepts the premise that XOM was an excellent company before the oil price drop, and if one accepts Tillerson's assertion that XOM will be fine at 40 dollars per barrel, then why exactly is XOM suddenly a "value trap"?

    What is this "other shoe left to drop" that you are waiting for? Do you really think that XOM will drop to 57 dollars per share like it did five years ago during the depths of the financial crisis?

    There are a ton of "value traps" in the oil sector (e.g. SDRL being a prime example), but claiming that this company is "value trap" is simply bizarre.
    Dec 5, 2014. 05:02 AM | 11 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    Tao,
    I am sorry for your stock market loss. But, it is only a permanent loss if you sell. I think SDRL will be okay in 2-5 years. If you have the time, I would hold for a while.

    Remember it is good to diversify your holdings going forward. If you are patient, there will be good entry points (like PSX, KMI, SU, CVX, XOM, and BP today). There will be plenty of others.

    Also, if a company is yielding 10%, or 15%, or more, even if te fundamentals are currently good, it is probably a value trap.

    Best of luck.
    Nov 28, 2014. 07:28 PM | 2 Likes Like |Link to Comment
  • Details Emerge On Why Seadrill Cut Its Dividend [View article]
    Value trap. Has been for a while. But now the trap has been sprung!

    Ah what to do now with those SDRL shares? If I owned any, and I did not need the cash, I would probably let them sit. SDRL may recover in a few years. The businees has its cycles, and the oil war that started today will end one day. Meanwhile, demand for oil keeps going up, we'll just have to hope that SDRL can get their hands on some more oil for less than 55 dollars per barrel.

    I would also consider selling out, and buying COP, XOM, CVX, SU, BP, etc... These high quality companies are now paying sweet yields, and today's price drops are a temporary gift from the market.
    Nov 28, 2014. 07:21 PM | Likes Like |Link to Comment
  • What To Do When Your Energy Stocks Are Getting Hammered [View article]
    What to do when your energy stocks are getting hammered? Nothing until the smoke clears. I suspect that today was an over-reaction and we'll see rebound in the big integrateds soon, and the midstream companies should recover even faster. The e&p plays will take longer to come back, but even they will be back in 6 months or so. Now is the time to have discipline and stick to your guns. THat is if you have invested in excellent companies with solid management, with good fundamentals.

    OTOH, if you followed "hot tips" from internet newsletters, and find yourself holding a bunch of small-time marginal players, things could get very ugly. In that case, hopefully these companies have low debt, and are not dependent on tapping the capital markets. I suspect that banks are going to become more cautious lending to small and mid-cap oil companies givent that profits of these companies are going to take a hit for the next year or two.
    Nov 28, 2014. 07:08 PM | 5 Likes Like |Link to Comment
  • A Few Quick Observations On Crude [View article]
    Surplus - You make no sense. If a gas station sells a gallon of gas for $3.07, but pays $2.80 in taxes for that gallon, then the station is losing money on every gallon it is selling. Your facts are wrong.
    Nov 28, 2014. 04:52 PM | 6 Likes Like |Link to Comment
  • A Few Quick Observations On Crude [View article]
    Surplus - The cost of a gallon of gas in California over the last decade has been below 3 dollars many times. 11 years ago, the cost was about $1.60 a gallon.

    http://bit.ly/RpIzRV

    It wasn't until after 09/11 that gas prices started really climbing. In 2000 there were still many states with a per gallon price of gas of less than a buck.
    Nov 28, 2014. 04:51 PM | 3 Likes Like |Link to Comment
  • The Crash Of Oil Prices Could Be The Opportunity Of The Decade, Part 2 [View article]
    I have to say, the market is extremely near-sighted. OPEC just made my future retirement all the more comfortable...
    Nov 28, 2014. 09:55 AM | 8 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    I guess boring old CVX, XOM, look pretty good right about now...
    Nov 28, 2014. 12:32 AM | 1 Like Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    Milbank - Your anger is misplaced. If you were an investor in Seadrill but did not do your due diligence to even know who the management was, then perhaps you should direct your angst internally. Furthermore, the market has beaten this stock down over the last few months and everyone viewed SDRL as a value trap. Hey, live and learn. There is joy in learning even if there is a material cost. I feel for you that you lost money on your investment but that does not give you the right to be abusive to other posters. Maintain civility, it is critical for a good life.
    Nov 28, 2014. 12:25 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
610 Comments
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