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auto44

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  • Chesapeake Energy: Spinning Off Oilfield Services Business Good For Shareholders [View article]
    Ranni Yeah weeellll I think the current board and management are just a tad more, shall we say, sane. Aubrey is talented,but he is no Steve Jobs.
    Mar 18 09:24 PM | 2 Likes Like |Link to Comment
  • Crimeus Interruptus [View article]
    I did make a change due to the recent unpleasantness. Sold Exxonmobil and BP due to their Russian involvement. As you say "who needs the political risk?" I didn't mind BP's spill problems, in fact I thought of it as a buying opportunity. This Russia with it's disregard for individuals rights and complete mockery of the rule of law is something else.
    Mar 18 08:05 PM | Likes Like |Link to Comment
  • 8 Questions And Answers About The General Electric Spin-Off [View article]
    As Tim explains things. If you trade GE shares for synchrony you get to keep your piece of that business but your portion of the rest of the company will be less. If you don't trade shares for that business your share of what is left of GE is expanded by 5%. In that case shares traded for synchrony will be considered bought back. The money received for shares of synchrony sold on the open market will be used for buybacks. If what we have is the facts it would seem to me the thing to do is stand fast. Let GE sell your piece of synchrony and buy back shares with that money. You lose synchrony and gain 5% more of the remaining company than you had.
    Mar 18 06:32 PM | Likes Like |Link to Comment
  • 8 Questions And Answers About The General Electric Spin-Off [View article]
    dodger With the information presented here I would say what you get is the benefit of the stock buyback. Which means your shares represent a larger part of the company than they used to.
    Mar 17 01:07 PM | 1 Like Like |Link to Comment
  • 8 Questions And Answers About The General Electric Spin-Off [View article]
    It seems to me that swapping synchrony shares for GE shares is a way to buy back GE stock without paying taxes that would be due if you sold the synchrony on the market. If I held GE stock I think I would not participate in the IPO unless there is more information on how many shares you have to give up per synchrony issued to you. If management is happy swapping synchrony for GE stock,you probably should be too.
    Mar 17 12:56 PM | Likes Like |Link to Comment
  • Hey BP, Shake Off Your Legal Risks, And Then We'll Talk [View article]
    The largest risk that BP has is it's ownership of russian oil stocks. All the rest is priced in and over done. If it's Russian assets don't bother you than the past unpleasantness in the gulf is a minor worry for this great company. Keep talking and waiting and you will miss this mispriced stock. With all this said I am selling my BP position tomorrow. The spill issue doesn't bother me the Russian one does. XOM is going tomorrow for the same reason. Not stock ownership but Russian assets. The land of no rule of law or solid property rights just became a whole lot riskier. I may be sorry but I would rather stand clear for the moment. I think it may be a good time to be raising cash anyway. Still long COP it no longer has Russian problems to speak of.
    Mar 16 10:48 PM | Likes Like |Link to Comment
  • Gold: U.S. Income Inequality Is A Powerful Long-Term Bullish Catalyst [View article]
    Every six months I spend about 6 to 7 hundred dollars for auto insurance. With the exception of a couple of damage windows this stuff expires valueless. I like to buy scrap silver coins and gold five dollar double eagles--one tenth of an ounce of gold. If the fit ever hits the shan in my lifetime I consider these coins as insurance against that. Their value over time will certainly be subject to volatility and I hope to die with these coins and leave them to my heirs(they understand the concept). I sincerely hope that civilization does not deteriorate to the point that spending them becomes necessary but one never knows. Cheap insurance that never goes to zero value.
    Mar 14 06:55 PM | 3 Likes Like |Link to Comment
  • Frontier: Higher Margins, Future Expected Synergies Are Key Parts Of Bullish Thesis [View article]
    froggo8 If you sell this stinker before it is too late that check will cash too. Even at 8% it will take you 12 years to get your money back even. I don't think you are going to make it but then who am I. It is after all your money and choice. Good Luck.
    Mar 13 09:45 PM | Likes Like |Link to Comment
  • Frontier: Higher Margins, Future Expected Synergies Are Key Parts Of Bullish Thesis [View article]
    mrdinkydotbomb@@@@@@Pa... Buffet If you are in a card game for twenty minutes and don't know who the patsy is it is you. Also don't invest in companies where the management treats stockholders as patsies. I think Mr_dinky_dot_ bomb has this outfit pegged.
    Mar 13 09:39 PM | Likes Like |Link to Comment
  • The Growing Threat To Canada's Oil Sands Boom [View article]
    teddy101 Wow! Is it really that simple??? Why does't someone do something?? Could it be the cost of the extension cord??
    Mar 13 09:26 AM | 11 Likes Like |Link to Comment
  • General Electric: These 2 Growth Markets Can Propel It Higher [View article]
    P/E of twenty isn't cheap and last year everything almost was driven by market recovery. The coming correction, (when I don't know), will take care of the high P/E. Energy,medicine,and infrastructure is what will drive GE in the future. I agree with little dude and what was the P/E when Welch left??? Folks who bash Immelt seem to forget the near death experience of the economy during the great recession. GE is a great company,is it a great stock I am guessing Yes. So far I have no position in the company but it is under consideration.
    Mar 12 12:43 PM | Likes Like |Link to Comment
  • Chesapeake Set To Grow [View article]
    Anyone who bought CHK for any other reason than what it's assets are going to be worth when Nat gas becomes a major ground transportation/electrical production fuel source is going to be disappointed. The current principals of the company have done a fine job of arranging the company to survive past serious mismanagement and the current glut of NG supply. This is a place for very patient investors who appreciate managements challenges and successes. Not a great choice for active folks looking to make a short term killing. I bought at $30 doubled up at $32 and doubled up again at $17. It has been long and somewhat painful but I have stubbornly kept my eye on what I perceive the future market of Nat Gas to be. I have some nat gas investments that are a lot more painful than this one but I regard them as having the same potential.Good article IAE
    Mar 12 12:00 PM | 1 Like Like |Link to Comment
  • Boardwalk Pipeline Partners: Is There Anything To Be Salvaged From This Fiasco? [View article]
    Assetvaluer@ When owning a professional sports team becomes part of a managements diversions you can expect less than stellar results in the serious side of business. A recent example would be AM at CHK, but financial history is littered with examples. This would make a great article is someone is interested in doing the research and writing.
    Mar 12 10:52 AM | 1 Like Like |Link to Comment
  • Worried About Exxon Mobil? Are You Kidding Me? [View article]
    Phenom1@Natural gas much cleaner will be taking a large share of the diesel market(surface transportation) in the near future.
    Mar 11 07:16 PM | Likes Like |Link to Comment
  • Worried About Exxon Mobil? Are You Kidding Me? [View article]
    BUDH In the near future natural gas will taking a large share of that business.
    Mar 11 07:14 PM | Likes Like |Link to Comment
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