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  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off  [View article]
    Nighthawk? Its current price is .20/share?
    Apr 17, 2014. 12:06 PM | 1 Like Like |Link to Comment
  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off  [View article]
    I bought 10,000 shares at 7.50
    Apr 17, 2014. 12:02 PM | 1 Like Like |Link to Comment
  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off  [View article]
    Well, Value Digger has made me some good money. I jumped in Zarff when it was 7.50 and now it is at 8.38. So, the obvious question is this: when is it time to get out?
    Apr 16, 2014. 01:34 PM | 2 Likes Like |Link to Comment
  • Buy Annaly, Not High Risk Debt  [View article]
    do you think the Fed is going to let interest rates rise in the near future? I don't. The US government has about $18 Trillion in debt that it constantly refis in rollovers. What would happen to the US government if interest rates on T-Bills went to, say, 5%. It would be catastrophic. The Fed isn't going to allow this to happen. Keep those printing presses rolling is the current Fed motto.
    Apr 11, 2014. 12:40 PM | 1 Like Like |Link to Comment
  • Ethanol blend wall cost refiners at least $1.35B in 2013, Reuters review says  [View news story]
    sure, but what is the benefit to ethanol? As far as I can see the only benefit is to Iowas voters in the Iowa caucuses. It doesn't do much for everybody else but raise the price of gasoline.
    Mar 31, 2014. 03:35 PM | 5 Likes Like |Link to Comment
  • How Will The Recall Issue Affect GM Stock?  [View article]
    Hmmm, GM was hit by a string of liability problems from the Vega on. Some of these problems weren't even liability, they were just bad product issues. My father was a "dyed in the wool" kind of GM guy and after the Vega he never bought another GM product. Similar experiences happened to my wife.

    The consequences? In my opinion, it is why GM went bankrupt. How is that for a stock consequence?
    Mar 31, 2014. 03:23 PM | 1 Like Like |Link to Comment
  • Zargon Oil And Gas Is In The Bargain Bin And Ready To Take Off  [View article]
    OK, you convinced me when I read this article. I don't usually do this, but I took a position at 7.50 in Zarff. Right now, it is 8.07 in about two weeks.

    OK, you are an investment god. I bow to your magnificence.
    Mar 31, 2014. 10:26 AM | 2 Likes Like |Link to Comment
  • General Electric CEO Jeffrey Immelt Is Doing 3 Excellent Things For Shareholders  [View article]
    so, your defense of Immelt is that he is not as bad as Nordelli?
    Mar 28, 2014. 10:37 AM | Likes Like |Link to Comment
  • Why Caterpillar And Joy Global Aren't Worth Buying  [View article]
    If you look at the cost/BTU, Coal is (in the US) cheaper than any other fuel used to make electricity. It is currently about about half the cost of natural gas. The only problem with Coal in the US is political. The current adminstration has a war on it. However, the flat US economy will eventually sink the current administration. So, a bet on coal is a bet on a change in administration.
    Mar 27, 2014. 04:03 PM | Likes Like |Link to Comment
  • Why Caterpillar And Joy Global Aren't Worth Buying  [View article]
    I have always like JOY and have purchased when it is cheap. I think JOY will be around $50 in the next year and that is when I buy it and start writing covered calls. I have done this over the last ten years and it is quite profitable.
    Mar 27, 2014. 03:58 PM | Likes Like |Link to Comment
  • Jim Cramer Sells Linn Energy, Tells Investors To Buy Kinder Morgan  [View article]
    I had made a comment to this Cramer recommendation about ARLP more recently. Let me "cut and paste it":

    another followup to Cramer. ARLP is (12/23/11) a little over $75. This is about 25% up from 9/27/10) and, of course, does not count another 6% in dividend.

    Yahoo is still about $16. Although Goog has gone about 20% since 9/27/10.

    This comment was based on Cramer's recommendation to drop ARLP on 9/27/10 when it was 60. It was, by 12/23/11, over $75. So, in 15 months it went up 25% and paid a 6% dividend. So, you were looking, at that time at about a 30% gain. He did this earlier, in the 2009 time frame, but I did not go back that far.

    Cramer likes hi-tech stocks. Those boring dividend players are not usually his style. And, yes, he is right about ARLP to this extent: if the EPA did not declare war on coal, ARLP would be over $100 now.
    Mar 26, 2014. 03:51 PM | Likes Like |Link to Comment
  • Jim Cramer Sells Linn Energy, Tells Investors To Buy Kinder Morgan  [View article]
    Actually, Cramer panned ARLP when it was in the 30s. He then said to buy it when he hit the mid 60s. I know, I owned that stock all the way through that cycle.
    Mar 26, 2014. 03:40 PM | Likes Like |Link to Comment
  • Is ConocoPhillips Undervalued?  [View article]
    depends what you mean by socialize. But, currently, an oil company cannot drill in the gulf unless the DOI sells them a lease, the EPA approves the permit, and OSHA gives them a good inspection. If the oil company makes money, the IRS takes a hefty cut and the workers get a hefty cut taken out as well. The accounting and investment activity of the oil company is under intense scrutiny. Failure of compliance has large fines and jail terms for the offender.


    The oil company has to provide medical benefits and is subject to extensive regulation on how they run their operation.


    If someone tells you what you can do, where you can do it, and how you must do it; how far are you from being "nationalized?"
    Mar 26, 2014. 03:37 PM | Likes Like |Link to Comment
  • General Electric CEO Jeffrey Immelt Is Doing 3 Excellent Things For Shareholders  [View article]
    First, I am an old time engineer and have never really understood GE's finance business. Based upon its performance, GE managment didn't either. So, de-emphasizing it is, in my opinion, all to the good.

    Secondly, GE's strength is rotating equipment. GE jet engines and turbines are probably the best in the business. However, this is nothing new and is fully reflected in the stock price.

    Thirdly, GE is sadly lacking as an engineering company. I would be shocked if they make money at it.

    Fourthly, GE is rapidly moving to 2nd class status as a nuclear company. I expect them to sell that division.

    Finally, GE has a notoriously bad reputation for supporting their industrial products. Most of the support comes from the reps. Some are good, some are not.

    My final opinion is that GE is an OK investment with the dividend, but really no more than that. I do not invest in it, unless there is a BIG pullback. I believe that the oil & gas business is a much better business to invest in now.
    Mar 26, 2014. 11:54 AM | Likes Like |Link to Comment
  • What Is Chevron's 5-Year Dividend Potential?  [View article]
    I think the Ecuadorian 3rd world kangaroo court is now a non-issue. The latest rulings show that fraud was involved.
    Mar 26, 2014. 11:37 AM | Likes Like |Link to Comment
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