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  • Along with lower oil outlook, Goldman downgrades MLP and pipeline names [View news story]
    PAA down 1.87 to 32.34 at near market close. 5.5% drop; volume 67% higher than 30 day avg. Except for my concerns they are too much into oil vs. gas and the latter is a better place right now, in my view, tempted to consider buying more come Monday AM. Also, there are some real tax consequences upon sale.
    Sep 11, 2015. 04:15 PM | Likes Like |Link to Comment
  • Automakers agree to make automatic braking standard in U.S [View news story]
    Some conspicuous names missing. Note all four German companies participating. It was Audi who initiated the unintended acceleration safeguard which their German counterparts quickly followed suite. Where's Honda, et al?
    Sep 11, 2015. 04:04 PM | 2 Likes Like |Link to Comment
  • Bloomberg: Odds are on Moynihan winning chairman vote [View news story]
    Bottom line, this BAC stock still looks under valued. Yes vote already priced in given the traditional mutual fund vote blocks.
    Sep 11, 2015. 09:16 AM | 3 Likes Like |Link to Comment
  • Why I'm Stocking Up On Ventas While I'm Singing In The Rain [View article]
    <wgm45 - Would someone be kind enough to explain the difference between skilled nursing, acute hospitals and long-term acute? Thank you.>

    These are the three levels of care for investors to chose depending upon their success (or failure) in the stock market. Right now, I suspect recent holders of VTR such as myself, for example, will need oxygen shortly administrated by skilled nursing. Those holding longer are likely in need of some acute care. Hopefully, neither category will not need long term care until the proverbial bell sounds for the last time.
    Sep 10, 2015. 03:34 PM | 4 Likes Like |Link to Comment
  • Buy GM Before Fiat Chrysler Does [View article]
    GM might be interested in some of the Chrysler-Fiat pieces when FCA goes under. The Jeep line would be of interest but frankly little else. Chrysler is dead. They haven't designed a striking, public must have design in most readers lifetime. As for the rest, who in their right mind wants to be in the car business in Europe where business in general has been flat at best, further complicated by 1 million migrants.
    Sep 10, 2015. 03:18 PM | Likes Like |Link to Comment
  • ConocoPhillips's (COP) CEO Ryan Lance on Barclays CEO Energy Power Conference Transcript [View article]
    They may indeed be better off not being burdened by the refineries going forward. It's my contention they should have kept the all the mid-stream (pipelines, etc.) hence predictable and needed cash flow.
    Sep 10, 2015. 12:08 PM | Likes Like |Link to Comment
  • Dividends From The Neglected Oil Major [View article]
    Have owned TOT in the past, taxes weren't a problem but where they operate certainly became one. The French don't have too may options where they explore and too many spots are terrorist ripe. Yikes
    Sep 9, 2015. 05:23 PM | Likes Like |Link to Comment
  • How Plunging Oil Prices Could Affect Occidental Petroleum [View article]
    Remind me, what % of their production is currently in Iraq? Any idea what it was before the war?
    Sep 9, 2015. 04:59 PM | Likes Like |Link to Comment
  • ConocoPhillips's (COP) CEO Ryan Lance on Barclays CEO Energy Power Conference Transcript [View article]
    Well, I have to give credit to Mr. Lance, the perennial optimist. Too bad the audience was so polite.

    The spin off was a big mistake. The error, in my view, was not keeping the pipelines and other oil products under COP analogous to the OKY structure. Refining and retail at PSX is very compatible but leaving COP as a pure exploration company was short sighted both from an operational efficiency aspect and a now very important financial constraint.

    I was surprised, perhaps more disappointed, with the lack of Keystone dialogue or at least questions. Lance was extremely outspoken of its importance along with the need to initiate oil exports several months ago. It certainly would be an enormous help to COP. It would however result in an increase of Canadian oil imports for the sole purpose of subsequent export around the world. Interestingly, Keystone in its planned layout terminates well north of either Texas or Louisianna ports. At this point, it will be blended with US domestic for the trip south. This indirectly mandates exporting US domestic crude, eliminated the current surplus, and drives the price of refined product upwards.

    So, why shouldn't we export US crude? Mr. Lance in his prior cited remarks opined it would "rebalance the world's oil market". Sounded like the US consumer be dammed, in my view. And, there's the rub. We are a consumer driven economy. It is well known our GDP is 70% consumer spending. My question is: Why would it make sense to drown our friends and neighbors for the sake of balancing the worlds oil market. Last word - The Saudi leadership think we're nuts, they're literally eating our lunch . . . . . . don't you think our dinner is bit too much?
    Sep 9, 2015. 03:16 PM | 2 Likes Like |Link to Comment
  • Verizon: Investment Thesis Enhanced [View article]
    VZ's huge debt is primarily the result of the Vodafone buy out. Rather than the generalities cited in the article, has anyone seen an analysis concluding the increased revenue (50 to 100%) has proportionally serviced and paid down the debt let alone affected the bottom line?
    Sep 6, 2015. 08:34 AM | Likes Like |Link to Comment
  • Why Banco Santander Is Not 'Solid As A Rock' [View article]
    Thanks for the contra comment and constructive dialog. Goes to show the casual investor best avoid the banking sector as it requires a much higher understanding of its unique analysis metrics. That said, still an intriguing investment given its world wide scope.
    Sep 5, 2015. 10:12 AM | 1 Like Like |Link to Comment
  • How Plunging Oil Prices Could Affect Occidental Petroleum [View article]
    Sounds like a "ho hum" analysis as it appears OXY is one of the least covered majors in the oil patch. Why is that?
    Sep 5, 2015. 09:58 AM | 1 Like Like |Link to Comment
  • Joint CEO-Chairman Role: Is Bank Of America Backsliding On Corporate Governance? [View article]
    Thanks for the article. Your obvious grasp of the facts verses the amateur ranting is refreshing and most welcomed. The key aspect of the ongoing argument rests in the statement:

    " . . . . the Bank of America board has cited Mr. Moynihan's leadership as a reason for a change to the company's bylaws that would allow him to hold both positions".

    This is the current board initiating the subsequent vote change and, as stated elsewhere, supported by a major shareholder, Warren Buffett. Nuf said
    Sep 4, 2015. 08:28 AM | 1 Like Like |Link to Comment
  • Bank Of America: Much Ado Over Nothing [View article]
    <We think Bank of America will be in good shape in either case. If the positions are split, then good - the separation makes the CEO more answerable to shareholders. If the positions aren't split, then good - it gives management more credibility and makes acquisitions/divestments easier. We don't think that Bank of America's share price will be affected much either way.>

    Glad I'm in the Warren Buffett's side on this issue. The author's assertion is wrong, in my view, and here's why.

    Think about it BAC holders. Just because some hedge fund managers cited in the article like BAC is the very reason to suggest this public battering and corporate structure is a non-issue? How many of them ever ran a large corporation? The likely answer is none. Beyond that, who would know better, the two California union pension funds or the dean of investment management from Omaha.

    Whether you like it or not, BAC needs Moynihan and needs him big time. Why on earth would you tie the hands of the very person you need on the steering wheel? It's both a trust issue and an organizational fact. It's a no brainer. Oh, and if Moynihan decides to leave over this issue, who takes his place? Do you want to be looking for an experienced new CEO at this juncture. I think not my friends, I think not.
    Sep 3, 2015. 12:07 PM | 1 Like Like |Link to Comment
  • General Motors At Risk As Obama Administration Puts Politics Before (Free Market) Profits [View article]
    I agree this article is one of the worst commentaries ever posted on SA. You're spot on - Too bad they let anyone write articles with such a political bent. Shame on the editors putting this garbage on S/A. There's far too much blame to go around without blaming the current administration. I didn't vote for them but did so with the predecessor with the same results.
    Sep 3, 2015. 12:12 AM | 2 Likes Like |Link to Comment