User 238404

Boone Pickens' BP Capital Funds Down Significantly

Schlumberger (SLB) and Halliburton (HAL) operate worldwide and have fallen along with the price of oil, as if investors think demand and drilling will slow down significantly. But demand will continue to be strong for both oil and natural gas, and the drillers will have strong results. They don't need $145 oil, or even $100 oil to do well.

NBC Refuses Pickens Plan Ad

GE is a disgusting stock, and NBC is a disgusting network.

Whole Foods Stock - Buy What You Know?

Whole Foods has far more competition now, which will force the company to lower prices resulting in lower margins. Sales growth will be more modest. I think the stock is headed to $15, after which it may be worth buying if the goal is a 20% increase.