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Pessimistic Optimist » Comments » AIB

  • Allied Irish: Too Good to Be True? [View article]
    I like AIB here in the low 4 handle. Seems like this could be my frontrunner speculator.. as the wildcatters of yor were once upon a time. I will know more this week and will determine my action plan.
    Jan 18 17:11 pm |Rating: 0 0 |Link to Comment
  • Ten Top Value Traps with Unreasonably High Dividends  [View article]
    Ok folks.. here is what I have seen, heard and done with NAT. I bought it at $26.49.. let it ramp up to $35 and took some profit. During this period the dividend was being discussed as to what it might be reduced to.

    It was a little over $1.30 per share. The verdict came back that they were going to cut back to $.83. That is about a 36% drop in dividend. Where their percentage drop originated is some ritious computations but still $.83 (right now) is not too shabby. I have some under $10's that have that same or a bit more payout too. Doing my homework is paying me well.

    I have a tight stop at $30.25 on NAT. With the price of oil so volatile that crude sitting offshore in NAT vessels has the potential to offset any future adjustments. I may not see that $30 stop for a week or so. Not worried with the stop in place unless it freefalls and the stop cannot keep up with the falling knife. Do not see that happening.

    We all know that when any stock pays out the dividend, the price drops commiserate the yield that very day to offset the pay out. NAT will likely drop for that. It becomes- another trigger point to grab some more- a stock to capture or at least keep a close watch on.


    Jan 18 16:53 pm |Rating: 0 0 |Link to Comment
  • Torpedo Dry Ships - Cramer's Lightning Round (10/8/08)  [View article]
    LOng on Oil,
    I like your thinking. I did not know Rig was at 160!! At present time, I am long on three or four mentioned here. WMT DE NOV FCX and PEP and then ABT. I had many others but norrowed it down and thickened up the pot. LOst a bunch margining out. Yes I know.. I learned the hard way.. these margin maintenance calls got me. I never knew the down side to market loss on margin. Chocked it up.. and moving on. I do remember Cramer predicted an 8500 DOW and here we are! Call it or me crazy but he had that right. I did not hear anybody else say it.. maybe guessing, but he said it would happen and it did. Doesn't mean I am buying into his manic.situation
    Oct 10 09:04 am |Rating: 0 0 |Link to Comment
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