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papayamon

papayamon
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  • Seadrill Ltd: When Will The Pain End? [View article]
    Not that I haven't stuck my neck in quite a few of them. It's a wonder I've made money in the market, when I look at all the ridiculous value traps I've blundered into. I've had a stellar year in 2014, which I chalk up to horsetrading luck as much as anything else. And not to crow too much about that.. the year isn't over and I could easily find myself taken to the woodshed. Mr. Market can be a stern master. This one, I am sidestepping.
    Sep 18 09:15 PM | 1 Like Like |Link to Comment
  • Update: Rite Aid Earnings - Management Overzealous, But Long-Term Picture Bright [View article]
    Ack. Made a quick 1k this morning, just couldn't leave it alone and bought back in at the 5.60's. Kept dropping, kept buying and now i'm at break even at close with 10k shares (yes, underwater 1k that I made this am). Hoping for a small bounce tomorrow. That's today's price for being greedy :).
    Sep 18 06:00 PM | Likes Like |Link to Comment
  • Bank Of America: A World Without Countrywide [View article]
    Ridiculous. People expressing their opinion of your constant stream of vitriol doesn't constitute any sort of conspiracy.. And apparently, the market isn't listening either. Bac over 17 today, on the way to 20.
    Sep 18 11:01 AM | 1 Like Like |Link to Comment
  • Update: Rite Aid Earnings - Management Overzealous, But Long-Term Picture Bright [View article]
    Not to mention this is shaping up as a great day trade. Way over reaction, Mr. Market. Thanks for the gumball!
    Sep 18 09:16 AM | 2 Likes Like |Link to Comment
  • Seadrill Ltd: When Will The Pain End? [View article]
    Which is exactly why now is not the time to buy SDRL. Fundamentals just too weak. If the price is driven low enough, you could point to a 15% dividend. The only problem is they won't be able to pay it. Value trap, imo.
    Sep 17 04:07 PM | 6 Likes Like |Link to Comment
  • Ford's Market Share In Russia Is Wiped Out [View article]
    The Russian auto market. Who cares? It's a poor environment to invest in the first place - and unlikely to see much growth for a long time. The condition of the hotels during the Olympics gives us a glimmer into how well that economy works. Short of the South Pole, this is the worst place in the world for Ford to be investing anything.
    Sep 16 10:36 AM | 3 Likes Like |Link to Comment
  • Ford's Market Share In Russia Is Wiped Out [View article]
    I think they are going to rename the currency the rubble. Kudos to the author for looking into the future.
    Sep 16 08:52 AM | 2 Likes Like |Link to Comment
  • Bank Of America: A World Without Countrywide [View article]
    The primary investment thesis here is for BAC to trade more on a par (book value wise) with the other big banks. This means BAC at prices approaching $20 in the next several months. This is the highest probability and requires not a lot more than a change in sentiment as the DOJ issues get farther in the rear view mirror.

    I view BAC as an excellent long term investment, but from here to $20 is the easy money, and we'll get here by mid 2015 as BAC has a few quarters of decent earnings.
    Sep 16 08:37 AM | 3 Likes Like |Link to Comment
  • U.S. banks to be hit with tougher capital rule [View news story]
    The bottom line is wiping out the savings of people who worked and handing them to those who do nothing except vote and suck on the government teat.
    Sep 16 07:28 AM | Likes Like |Link to Comment
  • Seadrill Reports That The Offshore Drilling Market Is Slowing [View article]
    If you don't know what the phrase "dead money" means, you probably shouldn't be trading stocks.

    I wouldn't be a buyer of anything Seadrill at these prices. You might find your 11% dividend won't stand up to pressured fundamentals such as we'll clearly have going forward here. I would wait until the fundamentals are closer to turning. That's my take because I don't put that much stock in anyone's guarantee of an 11% dividend, especially when the business prospects are at best soft. Let them cut that dividend, and see what happens to your stock price and overall return.

    Were I looking to invest for a hefty dividend, I'd consider LNCO before Seadrill. That's were I have a few thousand shares.

    I'm interested in Seadrill, but biding my time looking for a better opportunity. Good luck to the longs here.
    Sep 14 02:50 PM | Likes Like |Link to Comment
  • SandRidge Energy: How Is The Current Quarter Shaping Up? [View article]
    i dunno. look at the rest of the industry. most of them have been hammered.
    Sep 13 08:10 AM | 3 Likes Like |Link to Comment
  • HP Russia pleads guilty to bribery allegations [View news story]
    Unfortunately, that's par for the course in Russia.
    Sep 12 07:08 AM | 1 Like Like |Link to Comment
  • Bank Of America: A Pre-Stress Test Credit Report Shows Dramatic Progress [View article]
    While I am not going to argue with what appears to be a well researched and certainly well presented analysis, this analysis is but part of the overall picture - and not enough to entirely base an investment decision on. There are many other factors that one must consider if they are investing for a specific target date/price.

    Unfortunately, one thing alone will tell us, and that's hindsight. I'm up to my eyeballs in BAC 2016 calls, looking for $22 or so. Pay your money and take your chance. I think BAC is improving its game in every aspect of its business. If rates go up, BAC is set for significant price appreciation. $25 by Jan 2016 and my retirement is accomplished. $30 (unlikely but I'd be tickled to see it) and I'm hiring a maid :).
    Sep 11 07:19 PM | Likes Like |Link to Comment
  • Bank Of America: A Pre-Stress Test Credit Report Shows Dramatic Progress [View article]
    You only do that (drudging from 2007) if you're trying to have fun, and even more fun after that.
    Sep 11 08:42 AM | 6 Likes Like |Link to Comment
  • Seadrill Reports That The Offshore Drilling Market Is Slowing [View article]
    Too early to buy Seadrill. This will be dead money for a couple of years.
    Sep 11 07:34 AM | 4 Likes Like |Link to Comment
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