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  • Icahn Takes Large Stake In Freeport - Sign Of Mature Mining Bear? [View article]
    FCX executives and directors should take a pay cut proportionate to the stock price decline and should not receive any bonuses or other forms of alternative compensation. It's not right that they continue to reap millions at the expense of stockholders.
    Aug 28, 2015. 08:17 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Lockheed Set To Buy Sikorsky For Over $8B [View article]
    Also, they feel obligated to oppose whatever Obama favors, no matter how intelligent or beneficial it may be.
    Jul 20, 2015. 08:30 AM | 5 Likes Like |Link to Comment
  • Come On, Let's Face It, Linn Energy Is A Steal At $9 [View article]
    Sometimes being "WAY oversold" is a correct indicator of further downside. Personally, I like to look at more than one variable in making buy/sell decisions.
    Jul 19, 2015. 09:36 AM | 1 Like Like |Link to Comment
  • How Much Bond Duration Could You Endure? [View article]
    One can get carried away with over-defining 'market timing'. I suppose that every time one sells (to take profits or avoid losses) or buys (at what appears to be a low price with upside potential), this could be called market timing. It's what investors do. However, what most people consider to be market timing is a more active buy-sell strategy that attempts to take advantage of short term price swings. Momentum players are classic market timing enthusiasts. I believe Chuck is more of a buy and hold advocate. Buy a solid investment that shows promise of a favorable return and hold it for the long run. That might be a stock or bond or something else. And his methodology attempts to minimize several kinds of risk.
    Jul 18, 2015. 09:07 AM | Likes Like |Link to Comment
  • Do Rising Rates Mean Falling Stocks? [View article]
    The periods of 1993 - 2000 and 2003-2008 saw generally increasing interest rates yet produced two of the biggest bull markets in history. Interest rates impact on stock prices? It depends!

    Aren't interest rates only one variable in a multi-variate equation? Too many people like to reduce the future of markets to a single independent variable that may have some brief historical significance. The actual functioning of markets is far more complex than that.
    Jun 12, 2015. 01:19 PM | 1 Like Like |Link to Comment
  • General Electric: Fair Value Of $38+ And Dividend Yield Approaching 4% Make An Investment In GE A No-Brainer [View article]
    I will gladly sell my shares for the 'fair value' of $38.37 right now. Or is the author talking about some other kind of 'fair value'? Most other fair value articles compare today's 'intrinsic value' to today's 'market value'. This author's 'fair value' seems to be about a long term value which might be years or decades away.
    Mar 30, 2015. 08:16 AM | Likes Like |Link to Comment
  • Freeport-McMoRan: The Market Is Clearly Mistaken About This One... A Textbook Case [View article]
    Companies cut dividends for a very good reason. It's to preserve cash which is to say, protect other assets. FCX's balance sheet isn't pretty and it's the prettiest they can make it. If the commodities markets get any more depressed, look to more asset sales at fire sale prices and the elimination of the dividend, i.e., it becomes a smaller less prosperous company. Perhaps even a takeover candidate at a not-generous price. On the other hand, if commodities turn around, FCX is leveraged to benefit. That said, if I were to wager, I would say the most likely scenario is the current stagnation for some time, before the recovery takes hold. As a long time shareholder, I am very disappointed with the current situation and hopeful of a recovery, but I'm not putting any more into FCX.

    P.S. The market isn't wrong about FCX stock. It's what buyers are willing to pay and owners are willing sell for. Most investors are buying into the future, not the past, and although the past may hold information helpful to determine the future, it's not always a reliable predictor. In this case, buyers are not that excited about FCX's prospects as the price has held in a very low band for some months now.
    Mar 28, 2015. 09:35 AM | 8 Likes Like |Link to Comment
  • Freeport-McMoRan: The Market Is Clearly Mistaken About This One... A Textbook Case [View article]
    Really? Have you looked at XCO which Pickens started buying at $15-$20?
    Mar 28, 2015. 09:18 AM | 4 Likes Like |Link to Comment
  • Report: Exxon CEO to visit Moscow this week amid talk of more sanctions [View news story]
    Exxon THINKS it owns the land. Ukraine THOUGHT it owned Crimea. But Putin owns it all and whatever else he thinks he can take.

    Tillerson is a traitor in the making - a Tex/Russ oligarch. I hope Putin likes him because some oligarchs go to prison, some get exiled, and some die of radiation poisoning.
    Mar 16, 2015. 07:06 PM | 10 Likes Like |Link to Comment
  • Kinder Morgan: Trees Don't Grow To The Sky [View article]
    I share your concern about the Euro bond deal. 7 years ago the Euro was $1.60. Today it has depreciated to nearly $1.00. While the current interest rate is low, the potential Euro appreciation rate may end up making this an extremely expensive loan 7 to 12 years from now. Unless, of course, the funds are invested in Europe, in which case the value will rise or fall according to quality of the investment.

    Or perhaps KMI has hedged the bonds somehow???
    Mar 12, 2015. 09:12 AM | 1 Like Like |Link to Comment
  • Kinder Morgan sells first euro bonds [View news story]
    7 and 12 years from now, the Euro likely will be higher representing an add-on to the current interest rate. If indeed the Euro continues to decline, it may represent an opportunity to call the bonds.
    Mar 10, 2015. 08:04 AM | 1 Like Like |Link to Comment
  • The Blackstone Group LP: A Stock With Your Best Interests In Mind [View article]
    I find your comparisons curious. Blackstone is a private equity firm with many facets, only one being asset management. And so its peers are KKR, Bain, Carlyle, Apollo, Goldman Sachs, TPG, . . . You should try again.
    Mar 9, 2015. 06:21 PM | 2 Likes Like |Link to Comment
  • General Electric's Next Big Growth Opportunity Presents Itself [View article]
    Scoots: if you KNOW what major trends are occurring around us, please tell GE management. And is the recent oil shakeup an actual TREND or just a periodic rough spell to shake out unsound industry players?
    Feb 11, 2015. 08:56 AM | 2 Likes Like |Link to Comment
  • Report: eBay's layoffs hit PayPal's in-store efforts [View news story]
    PayPal is an anachronism tied to the dot-com EBay era. Other credit/payment systems have moved far beyond and are far more universally accepted and used.
    Feb 3, 2015. 07:12 PM | Likes Like |Link to Comment
  • Is Apple Becoming The Next IBM? [View article]
    Percentage analyses can be misleading. Apple is the fourth larges U.S. company by revenue (the 3 bigger revenue companies are WMT, XOM & CVX.) It's revenue dwarfs other tech companies. More revealing would be an analysis of R&D dollars.
    Jan 13, 2015. 09:04 AM | Likes Like |Link to Comment