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papayamon

papayamon
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  • Bank Of America Has Been Dead Money For 20 Years: Did They Fire The Right People? [View article]
    Another ridiculous article. The reduction in employees was because the legacy portfolio of bad loans is being worked through. THAT'S A GOOD SIGN. To suggest that BAC should keep people they no longer need and fire the CEO who has guided this stock through the Great Recession is simply preposterous.

    Unfathomable that Seeking Alpha publishes this tripe.
    Jul 2 11:15 AM | 27 Likes Like |Link to Comment
  • Jim Cramer Sells Linn Energy, Tells Investors To Buy Kinder Morgan [View article]
    I am adding to LNCO today. If the drops keep coming, I'll keep buying.
    Mar 13 07:42 AM | 15 Likes Like |Link to Comment
  • Jim Cramer Sells Linn Energy, Tells Investors To Buy Kinder Morgan [View article]
    That's what makes Cramer (and Zack's) so worthless. Things go from a strong buy, you buy... then the price drops and it's suddenly a sell. It's an incoherent investment strategy.

    I really like KMI, I would like to add. It doesn't matter if the producers of natural gas make or lose. KMI makes on volume - sure to grow dramatically. Not to mention that it's WAY undervalued now.
    Mar 13 07:47 AM | 14 Likes Like |Link to Comment
  • Linn Energy Just Can't Catch A Break [View article]
    This is exactly the situation I keep dry powder for. Sentiment is bad. It's bad, bad,bad. Exactly the time to keep buying. My rule is never to buy in with my full investment at one time. I don't see the bear case for LNCO. Most dividend stocks are touted as high dividend with a yield of 4%. LNCO blows that away even if they cut their distribution 20% - which they are not going to do.

    This is just another shake out of weak hands. The market isn't taking away... it's giving a new opportunity.
    Mar 24 10:45 PM | 13 Likes Like |Link to Comment
  • Linn Energy: A Very Disappointing Quarter [View article]
    maybe growth will slow, but line is a giant and will keep growing. in the meantime, the dividend is more than adequate to support the current stock price. next quarter will likely be impacted by adverse weather, i'm thinking. but it looks to me like line will be able to keep the dividend at current levels without much concern.
    Feb 28 09:08 AM | 13 Likes Like |Link to Comment
  • Get Out Of Bitcoin Now [View article]
    Considered but never put a cent in it. Looks like the Winklevoss twins will have to get jobs busing tables :).
    Feb 25 11:38 AM | 13 Likes Like |Link to Comment
  • Micron Earnings: The Next Day [View article]
    Wow. How will I ever make another trade without exploiting your intelligence?
    Apr 4 03:03 PM | 12 Likes Like |Link to Comment
  • In victory for oil industry, EPA proposes lower renewable fuel quotas [View news story]
    yep. totally impractical. energy policy is all about politics as opposed to productivity.
    Nov 16 12:22 AM | 12 Likes Like |Link to Comment
  • Bank Of America: Relief Rally Coming And Here's Why [View article]
    These are related to entities acquired by BAC and actions taken before BAC acquired them. How does this make the management of BAC guilty of anything other than a bad acquisition? The numbers the DOJ is coming up with are being pulled out of thin air. They simply want to extort as much as they can.

    Yes, we know that the only justice will come when investments are destroyed and everyone lives off what the government provides because society has been so dumbed down people can't wipe their own behinds. So trash the efforts of the people who worked, saved and invested so the fruits of their labors can be handed out to those who sit idle and make no meaningful contribution to society other than breeding more of themselves to consume an ever larger amount of what the idiots (myself included) who work produce.

    This is extortion at its finest. Obama should be proud of destroying the motivation of people to work, save and invest. I think my new goal is life is to be on disability and have the government hand everything to me. I feel my fibromyalgia kicking in even now!
    Jun 6 08:42 AM | 11 Likes Like |Link to Comment
  • Linn Energy: Production Imperils The Distribution [View article]
    Linn isn't over a barrel like it was during the SEC investigation and the subsequent Berry deal. Look for a couple of smaller, clearly accretive acquisitions this year. This is a buy here.
    May 1 12:57 PM | 11 Likes Like |Link to Comment
  • Bank Of America Has Been Dead Money For 20 Years: Did They Fire The Right People? [View article]
    Yes, but this is so stupid, it's just not even funny anymore. it's just stupid.

    If SA wants to be taken seriously, they will stop publishing articles like this. Pure and simple... Where is the editorial process here? I am sure there will be whining to the editor about the various comments here, so they can delete them. But would this happen if SA didn't publish articles composed only of meaningless fluff?
    Jul 2 12:08 PM | 9 Likes Like |Link to Comment
  • Straight Talk On Gold - You May Not Want To Hear It [View article]
    This article is absolute hogwash. I personally put 2 gold bars in my safe and I closed it tight. Surprise! There were a bunch of little gold bars nursing on the female gold bar when I opened it 9 months later.
    Mar 24 09:07 PM | 9 Likes Like |Link to Comment
  • Mississippian Lime: Tom Ward's 600,000-Acre Comeback [View article]
    I can't fathom that anyone would be stupid enough to hand Ward a single dime after his track record at Sandridge. Perhaps he has deluded himself to think he did investors a great favor there and that the money he took from the company was justified. I think most people who have worked for their money would think otherwise. Personally, I hope Ward loses every dime he has invested here. I would never invest in a company that had anything to do with Ward.
    Mar 24 08:21 AM | 9 Likes Like |Link to Comment
  • SandRidge Energy: Mississippian Well Results Update [View article]
    stocks never "cost" me anything. i invest and win on some and lose on others, but i choose to roll the dice. sd has too many big successful players investing in it for me to sell here.
    Feb 18 12:17 PM | 9 Likes Like |Link to Comment
  • There's no respite for Greece as retail sales fell 16.4% Y/Y in January, double the pace from the previous month. The grand total for retail sales contraction in Greece over the last four years: 34%.  [View news story]
    they're going to have to find the bottom that they can sustain themselves without having other economies pump in enough to keep them afloat with loans they will never pay back.

    i'd say it's a lot better for germany to export nothing to greece than to loan greece the money to buy their exports, but never get paid.

    the greek people need to rediscover their work ethic. they aren't going to be able to retire at 50 and have other countries support them. they aren't going to be able to have a disability system so rife with fraud. they aren't going to be able to support pedophiles because their disease is a disability. their liberal government has ruined the country.

    i honestly feel very sorry for hard working, honest greek people. they have a mountain of misery heaped on their shoulders.

    greece needs continued austerity and a government which encourages work and capitalism. they are going to be in for a long and painful process, but will emerge a much stronger society - if they stay the course. the alternative? collapse and chaos.
    Mar 29 11:12 AM | 9 Likes Like |Link to Comment
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