Chirag Amin's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/164501/comments http://seekingalpha.com/article/163262-chevron-invests-in-ls9-to-produce-microbe-diesel-by-2011?source=feed#comment-689740 689740 Thu, 24 Sep 2009 14:39:48 -0400 http://seekingalpha.com/article/127512-keeping-our-confidence-in-strong-energy-stocks?source=feed#comment-438875 438875
Seriously, you actually stated:

'What lunatic would invest in US oil or gas companies when the federal government has expressed its determination to levy astronomically large new taxes on the industr?'

Have you ever heard of cigarettes and Philip Morris?
Have you ever heard of the concept of 'inelastic demand'?
The taxes that Obama will levy on oil companies will most definitely get passed on to the consumer.....if you don't believe it, then try figuring out why the price of cigarettes will soon be $7 a pack.....
Until you figure out a way to run your car on bullcrap, you, like everyone else will stay a slave to big oil.
]]> Tue, 24 Mar 2009 19:05:41 -0400
Seriously, you actually stated:

'What lunatic would invest in US oil or gas companies when the federal government has expressed its determination to levy astronomically large new taxes on the industr?'

Have you ever heard of cigarettes and Philip Morris?
Have you ever heard of the concept of 'inelastic demand'?
The taxes that Obama will levy on oil companies will most definitely get passed on to the consumer.....if you don't believe it, then try figuring out why the price of cigarettes will soon be $7 a pack.....
Until you figure out a way to run your car on bullcrap, you, like everyone else will stay a slave to big oil.
]]> http://seekingalpha.com/article/122824-cigarettes-business-is-still-smoking?source=feed#comment-404900 404900
1. Philip Morris has learned much from previous lawsuits.....many warnings appear on their cigarettes. They know how to safeguard themselves.

2. The U.S. has perhaps the most liberal court system in the world....what other nation would allow the types of tobacco lawsuits that we've seen proceed forward....no one is putting a gun to people's heads to smoke

Combine this with the fact that Philip Morris would be able to 1) openly advertise their product in other nations (e.g., TV commercials, etc.) and that 2) they would be able to sell to minors and that alone speaks volumes of their business model.

Bottom Line: If you are stupid enough to smoke, then you should own up to the destruction that it causes to your body....People in other countries can't blame Philip Morris for lung cancer just as they can't blame McDonald's for making them fat and giving them heart disease.....Courts can't shield people from stupidity.]]> Thu, 26 Feb 2009 15:31:46 -0500
1. Philip Morris has learned much from previous lawsuits.....many warnings appear on their cigarettes. They know how to safeguard themselves.

2. The U.S. has perhaps the most liberal court system in the world....what other nation would allow the types of tobacco lawsuits that we've seen proceed forward....no one is putting a gun to people's heads to smoke

Combine this with the fact that Philip Morris would be able to 1) openly advertise their product in other nations (e.g., TV commercials, etc.) and that 2) they would be able to sell to minors and that alone speaks volumes of their business model.

Bottom Line: If you are stupid enough to smoke, then you should own up to the destruction that it causes to your body....People in other countries can't blame Philip Morris for lung cancer just as they can't blame McDonald's for making them fat and giving them heart disease.....Courts can't shield people from stupidity.]]> http://seekingalpha.com/article/121680-your-oil-stocks-aren-t-coming-back?source=feed#comment-396700 396700 RIG) could grow to $1000 stock like they wrongly predicted that Qualcomm would back in its heyday....

Then again.....these oil companies can make a profit even when oil is under $50 per barrel. Oil was less than this in the early part of 2000/2001/2002 etc. and oil companies were still making a profit and growing. Recently, due to the big oil price run up, Big Oil got a little bit crazy with regard to their cap ex spending. After all, does it really make sense to pay Transocean (RIG) a dayrate of $600,000 per day to drill a deepwater well when oil is under $40 per barrel?

But look what we're in for......Big Oil cuts cap ex.....future reserves/supply does not get regenerated and thus constricts, OPEC keeps cutting supply, refiners decrease capacity, hurricane season arrives, and the Iranian President feels like threatening the Jews again.....this, combined with recovering demand in China and India as well as in the US, and we're back at $100 per barrel oil...

Bottom Line: List all the factors that push oil prices up (several I have mentioned above) FROM CURRENT LEVELS....and then list all the factors that push oil prices down FROM CURRENT LEVELS.....and then let yourself decide if current oil prices are sustainable.....]]> Fri, 20 Feb 2009 11:50:27 -0500 RIG) could grow to $1000 stock like they wrongly predicted that Qualcomm would back in its heyday....

Then again.....these oil companies can make a profit even when oil is under $50 per barrel. Oil was less than this in the early part of 2000/2001/2002 etc. and oil companies were still making a profit and growing. Recently, due to the big oil price run up, Big Oil got a little bit crazy with regard to their cap ex spending. After all, does it really make sense to pay Transocean (RIG) a dayrate of $600,000 per day to drill a deepwater well when oil is under $40 per barrel?

But look what we're in for......Big Oil cuts cap ex.....future reserves/supply does not get regenerated and thus constricts, OPEC keeps cutting supply, refiners decrease capacity, hurricane season arrives, and the Iranian President feels like threatening the Jews again.....this, combined with recovering demand in China and India as well as in the US, and we're back at $100 per barrel oil...

Bottom Line: List all the factors that push oil prices up (several I have mentioned above) FROM CURRENT LEVELS....and then list all the factors that push oil prices down FROM CURRENT LEVELS.....and then let yourself decide if current oil prices are sustainable.....]]> http://seekingalpha.com/article/113126-when-to-sell-dividend-stocks?source=feed#comment-345551 345551
PFE is another company that I decided to invest in for the same reasons.....However, they decided to maintain their dividend instead of cutting it (although it would have been nice if they decided to at least up the divy by a penny or two....). I'm gonna keep with PFE because I maintain bullish on its long-term prospects given its very cheap valuation. ]]> Sun, 04 Jan 2009 13:19:36 -0500
PFE is another company that I decided to invest in for the same reasons.....However, they decided to maintain their dividend instead of cutting it (although it would have been nice if they decided to at least up the divy by a penny or two....). I'm gonna keep with PFE because I maintain bullish on its long-term prospects given its very cheap valuation. ]]> http://seekingalpha.com/article/110080-altria-one-of-the-best-run-companies?source=feed#comment-325830 325830 Wed, 10 Dec 2008 16:13:15 -0500 http://seekingalpha.com/article/109229-dividend-investing-for-monthly-income?source=feed#comment-321128 321128 O). This REIT stock pays a monthly dividend, and its yield is at 9.40%. ]]> Thu, 04 Dec 2008 17:46:44 -0500 O). This REIT stock pays a monthly dividend, and its yield is at 9.40%. ]]> http://seekingalpha.com/article/106249-united-technologies-a-good-company-bullied-by-a-bad-market?source=feed#comment-307672 307672 Mon, 17 Nov 2008 05:24:13 -0500 http://seekingalpha.com/article/93585-year-to-date-performance-of-dow-30-members?source=feed#comment-244099 244099 XOM): Can someone explain to me exactly how the most profitable company in the world with decent revenue and earnings growth can be DOWN 16% year to date? Here is the past performance results of XOM,

2008 YTD: -16%
2007: +24.3%
2006: + 39.1%
2005: +11.8%
2004: +28.0%
2003: +20.6%

I would assume that their dividend is the safest that you can find in this economy. So what am I missing here? Is XOM a great value play at these levels or what?]]> Tue, 02 Sep 2008 18:26:46 -0400 XOM): Can someone explain to me exactly how the most profitable company in the world with decent revenue and earnings growth can be DOWN 16% year to date? Here is the past performance results of XOM,

2008 YTD: -16%
2007: +24.3%
2006: + 39.1%
2005: +11.8%
2004: +28.0%
2003: +20.6%

I would assume that their dividend is the safest that you can find in this economy. So what am I missing here? Is XOM a great value play at these levels or what?]]>