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wigit5

wigit5
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  • Seadrill Even Leads Sector In Capital Distribution Plans [View article]
    I'm just as mad about the divi cut as anyone but I'm still holding only because no one predicted sub $50 oil at the years open... I still hate management for cutting the divi in 2015. IMO they should have paid at least the last 2015 divi out of goodwill and then explained why they had to cut it after that better.
    Feb 20, 2015. 10:33 AM | Likes Like |Link to Comment
  • Southern Co. projects 18-month delay for Georgia nuclear plant [View news story]
    http://seekingalpha.co...


    so much for the CBI buyout theory...
    Feb 20, 2015. 09:13 AM | Likes Like |Link to Comment
  • CB&I announces another plant services contract renewal [View news story]
    Well so much for that theory Chajan.
    Feb 20, 2015. 09:12 AM | 1 Like Like |Link to Comment
  • Seadrill Even Leads Sector In Capital Distribution Plans [View article]
    31October

    Your initial statement makes no sense... I'm not even sure how you concluded that was logical.

    Debt is expected, and has no effect on incoming revenue.
    Feb 19, 2015. 09:09 PM | 2 Likes Like |Link to Comment
  • Seadrill Even Leads Sector In Capital Distribution Plans [View article]
    Short term I'm not concerned about bankruptcy but if oil remains below 80$ for say 3+ years it is a real possibility.

    Future contract cancellations would expedite this concern.
    Feb 19, 2015. 07:12 PM | 1 Like Like |Link to Comment
  • Tesla Motors: Model X out in the wild, another bull call from MS [View news story]
    Lol didn't read into it but if you are right this is pretty blatant bias by SA...
    Feb 19, 2015. 12:39 PM | 1 Like Like |Link to Comment
  • Chicago Bridge And Iron: More Than 100% Upside [View article]
    @the shepherd

    Sorry I didn't mean to imply it was a pointless or less worthwhile article. I believe CBI is an 80$ stock still just market perception has it down. I think those who are able to go long at this point are making a pretty solid bet.
    Feb 17, 2015. 08:49 PM | 2 Likes Like |Link to Comment
  • Chicago Bridge And Iron: More Than 100% Upside [View article]
    Shortest article ever to claim a stock has more than 100% upside? I can only hope you are correct.

    Good luck
    Feb 17, 2015. 05:33 PM | Likes Like |Link to Comment
  • Barron's: Whether crude moves up or down, best to avoid big oils [View news story]
    @James, as a vet of the mid east wars I'm sad to say I agree with most of your assessment... On top of the 50 years of US interference the mid east has been at war with itself and other countries for 1000s of years. Somewhat akin to africa it is a hopelessly lost area of the world with little to no civility.
    Feb 17, 2015. 12:16 PM | 1 Like Like |Link to Comment
  • Barron's: Whether crude moves up or down, best to avoid big oils [View news story]
    I got 28 likes for my troll post on manipulating Apple.
    Feb 16, 2015. 09:12 PM | Likes Like |Link to Comment
  • Barron's: Whether crude moves up or down, best to avoid big oils [View news story]
    Just be careful with what you hear from OPEC these days... they didn't see the price of oil dropping to 40s so a prediction from them now when they have the least amount of control in history seems like a bad bet
    Feb 16, 2015. 09:36 AM | 3 Likes Like |Link to Comment
  • Barron's: Whether crude moves up or down, best to avoid big oils [View news story]
    Freedom does that to people. Celebrate it don't judge it.
    Feb 14, 2015. 04:27 PM | 4 Likes Like |Link to Comment
  • Seadrill gives up on $1.1B of Petrobras orders [View news story]
    chopchop,
    That is the question... and I have my doubts about SDRL since my faith in mgmt has been all but dissolved.
    Feb 14, 2015. 04:22 PM | 1 Like Like |Link to Comment
  • Barron's: Whether crude moves up or down, best to avoid big oils [View news story]
    I manipulate Apple everyday. XOM is just childs play :p
    Feb 14, 2015. 10:42 AM | 29 Likes Like |Link to Comment
  • Seadrill gives up on $1.1B of Petrobras orders [View news story]
    I think you are looking at this the wrong way...

    The low prices in dayrates is going to force companies with older aged rigs that need upgrades to just scrap them... This will reduce the supply of rigs. In the meantime Oil will work out its supply/demand issues and oil prices should go up.

    So really a perfect storm is brewing long term for offshore oil. The problem is just how long term are we looking at... My guess is we'll have 1-3 years of below 80$ oil before the producers find some balance.

    Of course there is a lot going on in the world that could slow or speed up the process... for example if Iraq devolves into an ISIS run state they'll be selling their oil on the black market which won't likely exist at these prices. Thus we'll loose that entire states worth of production. Russian/Ukranian relations could settle and improve to the point where sanctions are lifted in which case russian oil would flow freely. Several other spots around the world have their own issues.

    At this point though short term expect oil prices to be volatile but in the long run to trend back upward.

    My opinion. I do agree though SDRL really slammed their own investors by cutting the dividend so soon. And once this stock recovers I'll likely drop it as I can't support management any longer.
    Feb 14, 2015. 10:33 AM | Likes Like |Link to Comment
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