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Coolbluelake

Coolbluelake
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  • Don't React To Market Turmoil: Have A Proactive Plan In Place [View article]
    Great advice: STAY CALM everyone! Whoops, did not mean to yell at all of you. Anyway, those of us that buy good companies, with good management, good numbers and a good product, should sleep through these crazy swings. It is the people that buy the ETF's, because they are too lazy to do any research, that lose big when they sell a basket of both good and bad stocks. Spec stocks, same thing, as well as penny stocks. If these were good investments, the prices would be much higher than they are. Buying cheap, risky stocks is like treating the market as a slot machine: it is risky and sure, you may get lucky, but how rarely does that happen.

    I like American companies despite the strong dollar. America makes some great products and has some great tech and industrial companies. It also has super bio and pharma, energy(domestic oil will boom some day) and service related companies that are great investments. The USA has oversight over these companies too, unlike countries such as Brazil or China to name a couple of corrupt places to put your money. Stay away from those "good looking" stocks that are bargains in corrupt nations. That's it from me. I own UNP, EOG, CMI, JNJ, GILD, FB, AAPL, COST, CVX, CVS, PEG, PXD, DIS, CCK, BA, HAR, AMBA, HON, ULTA and PPG. Not all have a dividend of course, but all have a good product and decent growth, which good investors require. I also have SHAK as a spec play because my wife likes it(bought in too high on that one, but it is a small position)! I Know, I have too many stocks, but after 11 years of investing, I could not resist owning all of the above and I do my research (about four hours a day) Investing to me is a hobby. If the market fell by one half, I would still be ahead of the game..........so as Alfred E. Neuman always said "What Me Worry"? Gregg L
    Aug 30, 2015. 12:26 PM | 2 Likes Like |Link to Comment
  • Updating My Investment Thesis On Union Pacific [View article]
    Today it was announced that the USA domestics will be able to sell oil to Mexico. Wouldn't that make UNP a major transporter of crude across the southern USA border?
    Aug 14, 2015. 01:56 PM | Likes Like |Link to Comment
  • Bakken Update: Answers To Why U.S. Oil Production Remains High While Prices Tank [View article]
    Mike, loved your techs and graphics on EOG. Impressive and enlightening to say the least. I learned so much from just the graphics alone to see why EOG is a monster when it comes to being such an efficient producer. By the way, the map you included from ShaleMapsPro on EOG is a thing of beauty. Thank you. -Gregg Lorenz
    Aug 9, 2015. 10:52 AM | 3 Likes Like |Link to Comment
  • The Three Stocks It’s a Mistake to Hate [View article]
    RIG is a nightmare still.
    Jul 24, 2015. 07:02 PM | Likes Like |Link to Comment
  • Breaking Down The Integrated Oil Companies - Chevron [View article]
    David, your research is outstanding. Obviously, you put a great deal of time and effort into this report, thank you. I have owned XOM but went all in on CVX years ago. I doubled my money on CVX and thus sold off half of my holding, putting the profits into EOG and PXD. I am a bit heavy on energy(aprox 25% of my portfolio, thus I have been beaten up with oil/natgas tanking. However, since I have been buying CVX eleven years ago at an entry price of $48 bucks, plus throw in a split, I have done quite well.

    I would like to see Chevron buy Pioneer(PXD) or Whiting(WLL) while they are down, but I just don't think CVX can afford it. I hope I am wrong there. Anyway, CVX is a great integrated and I still like it better than XOM or any other IOC. Gregg
    Jul 21, 2015. 12:47 AM | 6 Likes Like |Link to Comment
  • Why Union Pacific Is Becoming An Attractive Gem [View article]
    The trend will continue. Rails are growing their business when you look at it. New products are going the rails and will more than make up for the coal and oil they lose.
    Jul 15, 2015. 06:33 PM | Likes Like |Link to Comment
  • Why Union Pacific Is Becoming An Attractive Gem [View article]
    Where I believe Union Pacific will grow is in the intermodal sector. Think about it, the rails eliminate trucks on the highways by bringing those trailors across long stretches of our nation. That means less truck drivers are needed(by the way, there are not enough commercial drivers for all the trucks out there) and more and more product is going by rail. Union Pacific is like a utility since it has a virtual monopoly on the service it performs. Building a railroad to compete is out of the question, so UNP can pretty much dictate the rates it charges and those rates can easily be kept lower than what truck transport would charge. The rails are a great investment for the long term for that reason.
    Jul 15, 2015. 06:29 PM | Likes Like |Link to Comment
  • Bakken Update: EOG Well Pad Produces Revenue Over $200 Million In 2.5 Years [View article]
    Mike, you have illustrated an amazing story on EOG and so many of the domestics in many of the close to 500 stories you have written for SA. That's one heck of a lot of research my friend. Thank you so much for passing your knowledge on to the rest of us. Gregg
    Jul 14, 2015. 08:57 PM | 2 Likes Like |Link to Comment
  • Bakken Update: EOG Well Pad Produces Revenue Over $200 Million In 2.5 Years [View article]
    Mike, loved the EOG story you painted for all of us who follow/own this company. As you know, I own it and am sticking with it in these tough times for oil/gas. This is a beautifully done article. Your graphics and well numbers really help us understand what is going on with this company too. Nice job as always and thank you my friend for being so meticulous with the facts on EOG. Gregg
    Jun 30, 2015. 12:34 PM | 3 Likes Like |Link to Comment
  • Why Investors Should Buy Qualcomm Instead Of Intel [View article]
    Qualcom is a much better company to hold long than INTC. I like Skyworks(SWKS) too, but it has gone up so much, you may be chasing that one, rather than getting in at the right time. If SWKS drops in August as most chip stocks do, buy it and buy QCOM too if you want to do a doubleplay to own long, rather than just one. Spend half your cash on each.
    Jun 28, 2015. 05:15 PM | Likes Like |Link to Comment
  • Kinder Morgan: You Sell, I'll Buy [View article]
    Uncle Pie, like you, I owned EPD and thought it was the greatest money maker since bootlegged whiskey. I sold it after about a year because the tax issues with a partnership were just too complicated. Then along came KMI and I jumped in late last year. Last week I sold it all due to all the negative press it has been getting and rightly so. If interest rates go up, KMI is in trouble. The dividend may be unsustainable and the debt is getting pretty ugly. Richard Kinder is a great guy, don't get me wrong, but this stock appears to me to be built like a house of cards right now. I sure didn't like selling this company, but I exited to find something that is not going to suffer like this is with low oil dragging it down. Sorry guys, but I am negative on KMI.
    Jun 16, 2015. 04:46 PM | 2 Likes Like |Link to Comment
  • My Favorite Utility Stock: 41 Consecutive Years Of Increased Dividends [View article]
    Con Ed has one major problem. It must take care of aging NYC infrastructure lines that are hard to get to and are falling apart in NYC. The water, gas and electrical grid that is under so much concrete is going to be a major problem as it ages and breaks down. A better electrical utility is Public Service Enterprise Group located mostly in Connecticut and New Jersey(PEG)
    Jun 16, 2015. 02:47 PM | Likes Like |Link to Comment
  • Union Pacific: Destroyed Or Discounted? [View article]
    I'm with you youngdiv, UNP cannot be duplicated by some new IPO and I don't care what anyone says, shipping by rail is the best way to move just about anything. I like trucks too, I own Cummins(CMI) as a major holding in my portfolio, but I also have been buying UNP for ten years now and I love this well run company.
    Jun 11, 2015. 01:08 PM | Likes Like |Link to Comment
  • Pioneer Natural Resources: 4 Reasons Why I Like The EFS Midstream Deal [View article]
    Sarfaraz, thank you for the information on the sale by PXD. I agree, with oil prices being so unstable and the oil producing nations so desperated to pump even more oil to make up for lost revenue, prices could go back to the mid or even low $40 range. Also, with China setting up shop in the Gulf of Tonkin, it won't be long before their oil rigs start popping up there and even more oil coming online soon. Who would have thought that oil would become so plentiful.
    Jun 2, 2015. 04:07 PM | Likes Like |Link to Comment
  • Union Pacific: Destroyed Or Discounted? [View article]
    UNP is at $104.14 right now on May 22, 2015. Anyone who thinks this company is going lower than say $100 bucks share, is..........not that smart. In a year, anyone who has gone long on UNP by buying this company while its down, will be happy they did. This is a solid company, but does it matter if you are shorting it? For those of you are shorting it, you had better be ready for the short squeeze that's coming. As for me, this stock is ON SALE right now.
    May 22, 2015. 12:04 PM | 2 Likes Like |Link to Comment
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598 Comments
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