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  • Now Is A Good Time To Pick Up Some Oil Stocks [View article]
    I took a look at the major oil companies and they are all close to their 52 week lows. I want to buy some, however the fall in oil could continue with an Iranian deal. A strong drop followed by a rapid rise will probably be the likely outcome.
    Jul 9, 2015. 04:38 PM | 1 Like Like |Link to Comment
  • 3 Solid Small-Cap Regional Banks For Your Dividend Portfolio, Part 3 [View article]
    I like your straight forward analysis of the 3 small cap banks. You hit on some key metrics for measuring a banks success.
    YTD small banks haven't had the returns of the regional banks or even some of the large money center banks. The KRE ETF of regional banks is up 11.7% YTD. Some larger banks like WFC and JPM are up 10% and 6% YTD respectively. Your three small banks have averaged about 1% YTD.
    I do agree with your thesis, of rising interest rates helping small cap banks move higher. AROW Bank seems to be that type of small conservative bank that pays a good dividend while you wait for some stock appreciation. For many years I have bought small banks when the dividend jumps (price decreases). Buying a stock like AROW when the dividend approaches 4% plus is my strategy.
    Let's see what happens when rates slowly move higher. My guess is small banks will show some respectable price appreciation. Also don't forget the potential for a nice premium if one of these small banks get bought out.
    Long AROW
    Jun 12, 2015. 03:16 PM | Likes Like |Link to Comment
  • Halliburton: 8 Different Insiders Have Sold Shares During The Last 30 Days [View article]
    Ray I use insider selling as just one point of reference, among many. In this case HAL is up substantially and some insiders are selling. What is interesting is that insiders last year sold 93,000 shares monthly on average and this year it is at 173,000 shares per month; an 86% increase. While I have owned HAL for 3 years and like the stock I am looking at selling some due to the rapid increase in price.
    Apr 25, 2014. 01:56 PM | 1 Like Like |Link to Comment
  • SeaDrill Will Regain Its Lost Value [View article]
    It looks like they have some ownership in 4 floaters and a couple of rigs that are coming off contract this year. They have yet to plug in new contracts for these available rigs. If demand slows they will then a given cost. They have some time, however, firming contracts will help with idle inventory. CAT has the same problem when the "big gear" sits idle.
    Feb 5, 2014. 01:37 PM | Likes Like |Link to Comment
  • SeaDrill Will Regain Its Lost Value [View article]
    I've owned SDRL for a few years and generally like the story. The only thing that bothers me is the potential for some future customers of SDRL to cancel their contracts or stall on leasing new platforms. Why? If some of the major users have to scale back their exploration or drilling investments they can probably find a way to delay or amend a SDRL wouldn't want to alienate a major customer like BP or Shell. In any case the net result might be several SDRL new builds sitting completed, waiting for a new customer. How long can several new builds sit idle? Think of the car dealer with excess inventory....and cost of money.
    Feb 5, 2014. 08:44 AM | Likes Like |Link to Comment
  • Taking Care Of Grandma's Money [View article]
    I happen to be in a similar situation with "Nana". I like your approach. I also hesitate to put more than 20-30% in equities at this time due to recent run ups in many dividend stocks. Taking a 10-20% correction would not go over well at family reunions. One add to your plan: passing on stock as opposed to cash liquidation may be a a more tax effective plan.
    Jun 13, 2013. 09:14 AM | 2 Likes Like |Link to Comment