Candace

4 Comments

    • Six Flags Is No Bargain Even at a Buck [view article]
      You should be greatful that you have children that give you an excuse to go to a place like SIX. Try to say to yourself, 20 years from now, all 3 of us will recall the great day we had. You kind of remind me of my dad, who only considers things like bragging that he has met Sam Zell to be fun. But, perhaps you didn't have a good enough time............. Jul 07 10:38 PM
    • John Meriwether...Fool Me Twice? [view article]
      I am always amazed at how little many people know about their investments. How this guy could end up with alot of money to manage is simple, get alot of individual brokers to steer 401k clients in that direction. I shudder to think of the suggestions of one of my brokers, but I don't take his advice. Mar 31 10:57 PM
    • Earnings Estimates for Cameco Lowered on Near-Term Uranium Outlook [view article]
      I see Cameco as undervalued, but I admit that I have a long position in Cameco. That said.....

      People always overlook the fact that Cameco is part owner of a couple of nuclear power plants at Bruce Ontario. The Bruce nuclear power people have recently disclosed they are exploring the possibility of building a nuclear power plant or 2 in Alberta. If this comes to pass, Cameco will be part owner of that or those too.

      People over look the mineral interests Cameco has in the middle east. Small, compared to the total earnings of the company, but a little gold production when the value of the commodity is up, should look good. I see the fact that acid is in short supply draws more press, and is apparantly more interesting. I suppose.......

      People also overlook the fact that Cameco is a major producer of nuclear fuel. They buy some from Russia too, at a tidy profit.

      I think the minor partners in projects like Cigar Lake are interesting too. One of the biggest electric power producers in Japan is a small partner in Cigar Lake, there are a couple of others. They put up some capital, and their nuclear fuel needs are assured and the price hedged, I like their thinking.       Mar 22 01:49 AM
    • Time for Nuclear Energy and Uranium Stocks to Shine? [view article]
      With due respect, it was Phar Mor Drug Stores that broke the old Westinghouse. Specifically, Westinghouse Finance, actually lost the money, and the rest of the company went down with it. It should be noted that the head guy at Phar Mor did go to jail for fraud. Phar Mor was a Youngstown, Ohio, company, which is pretty close to Pittsburg. That was the first time I ever watched a Dow stock go to zero. When people now say GE is invincible, I think of GE Finance and say to myself, 'It could happen to anybody.' Feb 29 12:21 AM
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