microdol

Permian Basin Royalty Trust: The Cramer Effect

I keep reading about the 'Cramer Effect', I've said it on other blogs, and I will say it here: back in December (?) Cramer ALSO suggested buying into high-dividend yielding stocks, and PBT was one of the four he suggested: at the time PBT was around 15, and it went NOWHERE.

I know because I have been dabbling in PBT for about 6 years now, it's one of those 'hidden gems', I sold mine out at just under $25/share, and figured I would buy back in when (if) it ever got back down to around 10.
I was concerned because I was watching it at 15 - just biding my time, and I figured when he suggested it, that it would jack up to 18 or so, but it never did. It didn't budge. So now he suggests it (again), and it goes up 21%..... go figure.

At any rate, it looks like it is stabilizing now, I'll think about buying back in.

Crude Reality: How Long Can Oil Stay Down?

But ZEP didn't suggest what particular stocks he likes.
I always love to hear opinions.


On Jan 15 08:37 PM A Peak Oil Believer wrote:

> ZepDallas just took three lines to say everything
> Forget the rest of these rambling dissertations!

Crude Reality: How Long Can Oil Stay Down?

Yeah, I'm not buying the $60/bbl to produce either, yes, costs have gone up, but so has the efficiency. Oil is one thing, but I put oil SANDS in another category, I think 'oil' is closer to $15/bbl as far as the break point for profit vs. loss.Oil Sands I am no expert on whatsoever.

Maybe they price into it the CEO/Exec's 50 Million dollar salaries ?




On Jan 14 08:55 AM maxe wrote:

> I agree holehartedly with your story. I never bought this "but it
> costs $60 to produce" story. I mean have you ever met a poor oil
> executive?
>
> The fact that people are buying at this price and selling one year
> out contracts, then storing it on supertankers means there is going
> to be a massive oversupply for at least a year.
>
> Until China and India show signs of stabalising, and grow again,
> i see no light at the end of the tunnel.

BofA Following Citigroup to $5 or Lower

Healthcare ? - sure - who will pay for it ?

Military ? - sure - who will pay for it ?

Who will pay for anything of substance ?

The only way out is to tariff the crap out of everything coming into this country so it makes a person at least LOOK at american-made goods.
And to tax the crap out of american companies that offshore work to places outside the USA.


On Jan 15 01:19 PM aarc wrote:

> Keep bashing the banks.
>
> What will be the future of the US of A without the banking and finance
> sectors?
>
> - - - Agriculture? = definitely not. Whatever agricultural technology
> America has, the developing coutries have already learned them all
> with cheap abundant labor to boot.
>
> - - - Industrialization/Manu... = nope! America will have to either
> reduce minimum salary by 90% which nobody can possibly live with
> or slap 90% tariff on imported items coming from China. The glory
> days of American industrial might is already done for the USA and
> gone to the developing countries.
>
> - - - Technology? = perhaps. But with the American baby boomers who
> used to be so excited with technology during the last few decades
> approaching old age, it is only natural that they will lose their
> interest in technology. Steven Jobs might just be the last of them
> and he is not going to last for long. The X-generation who suffered
> too much from parental divorces during their childhood would want
> no part of what their parents love to do which is tinkering with
> tech toys. The Y-generation which is going to be the future of America
> are much too green minded and are too pampered with promises of $150,000
> annual salaries of banking and finance employees they decided to
> take take vocation and shuned engineering at all costs. Meanwhile,
> China and India made technology and engineering as the main course
> for the future of their hundreds of millions of young students.<br/>
>
> - - - Alternative Energy? = perhaps. AE is not a proprietary technology
> the US posseses. China also has massive investments in AE since energy
> cost in that country is exorbitantly expensive as compared to the
> US with their meager income paying the same price for the same barrel
> of oil. They are much much more desperate to invent and produce viable
> alternative energy sources than the Americans. And with their hundreds
> of millions of new engineers, they are more likely to be able to
> develop AE much faster than the US. Sooner of later, the US will
> have to import AE technology from China rather than the other way
> around.
>
> - - - Health Care? = Definitely. But it is more for the future rather
> than the present. American baby boomers are still in their 50's and
> 60's and are still healthy. 10, 20 and 30 years from now, health
> care will become the major source of internal income for the USA.
> And once the 2.8 billion young baby boomers of the BRIC which are
> now in their 20's, 30's and 40's approaches old age; then the US
> can start exporting more and more health care technology to those
> countries. But that will be at least 20 years from now.
>
> - - - Military hardware and software? = definitely. The United States
> of America is the numero uno in military. Every developing country
> with diplomatic ties with the US will be buying more and more from
> the US for their defence needs. Flip side is that the US still spends
> more money into national defence than the whole world combined. Likewise,
> being the premier merchant of death is not really worth mentioning
> too often to the whole world at large. This is not something you
> can rally the whole population of the country towards more productivity
> and income generation in order to be able to meet the increasing
> demands of an aging population for more health care.
>
> - - - Retail and consumer goods? = McDo, Coke, etc. Sure, they will
> dominate the whole world in retail in the foreseable future. But
> not enough. Retail is a dog eats dog industry. China is already starting
> to dominate global exports for consumer goods including foodstuffs.
>
>
> USA is in a bind. It has been tinkering with new ways and means of
> how to generate more income from banking and finance for the last
> 2 decades while neglecting manufacturing and technology.
>
> And the result? Record profits were achieved by the the banks and
> financial institutions from 2001 to 2006. The downside was that their
> newly invented MBSs and ABSs toxic bombs exploded right into their
> faces and damaging not only the US but the whole world at large.
>
>
> All is not lost. Most experimentation don't result with eureka the
> first time.
>
> There is alway a second time around.
>
> Hope they do it right the next time otherwise the US will become
> an undeveloped or even a third world country within the next few
> decades.

World Oil Supplies Declining Faster Than Expected - IEA

I think this info is a bunch of hot air right now.

Yeah, maybe in 10 years, but not today.

Is oil a great investment today ? At these prices, probably, but I resent folks that plaster doom and gloom all over the place - where were these folks 30-60 days ago ? Are you telling me just now, TODAY, we are discovering this ?
Doubtful.

Why has oil dropped in price BY HALF from what it was a few months ago, if the oil world is in such dire straits ??????? If it was in such a mess, it would not have dropped by half. Maybe 15%, given the world economy, but not by half.

What Does Warren Buffett See in General Electric?

Maybe WEB bought into GE too early, but there is nothing to say he cannot buy MORE of it - if it drops - later, but also keep in mind he isn't buying the stock at the same prices you or I buy it for, he's getting a nice discount. Fair ? Try fighting it.

As far as trying to figure the net worth of the company, I bought in over the summer at 32, watched it rocket to 38, and I didn't sell it. So now it's 20, boo hoo - what's wrong with GE ???? Easy - same thing that is wrong with every other stock that has dropped 40% over the last 3 months - NOTHING.
This isn't a broken 'company', it's a broken 'stock'.

Fox Business Gunning for James Cramer

I don't have a problem with Jim Cramer, but like everyone else with a brain, I don't RELY on his every word as gospel.

You cannot blame HIM - there are folks every day that will love to sell you that awesome used car owned by a little old lady from Pasadena, folks selling lawsuits over prescription drug use, hell, look at the drug companies' own advertisements - I mean the disclaimers at the end of the sales pitch - 'take xxx to help cure bladder infections, but this may cause kidney cancer....'.

Meaning, Jim is not a whole lot different than any other financial talking head - the main thing I listen to him for is not INDIVIDUAL stock information - but SECTOR information.

And you have to give him credit for one thing - he's trying to instill in folks to buy long-term VALUE stocks, and not pumping up stocks that will disappear tomorrow.
That said, nobody is perfect - some things are out of his control - and out of OUR control.
Could ANY of you here forecasted the fall of Bear Stearns a week before it collapsed ? What about Enron ? Lucent ? MCI ? Nationwide ? Who is next ? SOMEBODY is...

The fact is, things go on behind the scenes of some companies, things that nobody is privvy to - even Cramer - until it is too late.

Don't invest what you cannot afford to lose, but if you must invest, spread it across several Mutual Funds.

Alloy Steel International: Explosive Growth at a Reasonable Price

Does anyone know who their competition is for this seemingly proprietary, if not niche, product is ?