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April May

April May
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  • Linn Energy: Many Ponzi-Like MLP Blow-Ups To Follow [View article]
    MLP's are designed this way (legally). The partners must pay the taxes on their individual tax returns. This is no reason to fault MLPs! Government blesses energy exploration and development by encouraging their work. Of course the MLPs can pay out greater sums due to this legal arrangement--thereby encouraging investors to join in as partners in their work. Outsider, you are missing the big picture.
    Jul 5 10:28 AM | 17 Likes Like |Link to Comment
  • Something Spooky About the Way This Rally Is Unfolding [View article]
    Totally agree! Traders are forgetting that those in charge are flooding the country with dollars (quantitative easing?)

    When the printing presses stop, the market could tank.
    Feb 20 06:46 PM | 14 Likes Like |Link to Comment
  • BP, The Comeback Kid [View article]
    You must have lost a lot of money invested in BP to write such a scathing comment, Moon Kil Woong! I bought up BP shares AFTER the disaster in the Gulf and will continue holding because I believe BP is a great energy company with a good future. Yes, mistakes were made by a few employees on that fateful rig, but do you really think management would ever repeat those mistakes?

    All companies make mistakes but all learn from them just as we as individuals do. When it costs a company billions, they take action to prevent any repeats--it's only common sense.

    Your statement that BP's "failure was designed in through numerous decisions" is false, and if you have information to support that you should share it. Millions of BP's shareholders would like to know!
    Dec 23 07:15 AM | 12 Likes Like |Link to Comment
  • Jim Cramer explains his quick turnaround on Linn Energy (LINE -14.1%) after yesterday's rout: "I did like the company, but they're being examined... you can't have even examinations of accounting irregularities... accounting irregularities equals sell." As recently as June 19, Cramer had passionately defended the stock. LNCO -11%[View news story]
    I lost a bundle taking Cramer's advice to buy LNCO. Now that he changed his mind, its too late for me: price dropping rapidly and I missed the exit.

    On the other hand, I think it is unfair to dump just because of a pending examination. SEC could determine there are no irregularities. That's my hope. LINE and LNCO will recover when SEC finishes.
    Jul 3 12:06 PM | 12 Likes Like |Link to Comment
  • Investing Strategies for the Next 'Lost Decade' [View article]
    I have been switching to dividend payers over the last few years. It is just too hard to predict the markets. I always thought I was buying at a "good price" until AFTER that price began to fall. My timing is horrible, but at least I get dividends to soften the blow.

    With banks paying 1% on average, I feel better about my financial situation knowing I will collect 3 to 9% from an energy company (mostly the pipe lines).
    Jul 2 11:16 AM | 11 Likes Like |Link to Comment
  • Linn Results Suggest Minimal Distribution Growth [View article]
    Taxed by those K-1's, I chose LNCO. I don't understand why anyone expected a surge in profits immediately after the merger. This was a huge change for everyone, especially the accountants and managers. I am giving this "new" company some time to adjust and show larger profits. Why not? The large dividend payment helps me be patient!
    Feb 27 11:24 AM | 10 Likes Like |Link to Comment
  • BP's Money Spigot To Claimants Is Open Once Again [View article]
    Businesses continue to look at BP as a cash cow, and apparently the courts are assisting them. As an American, I am embarrassed by the hordes with their hands out, hoping to gain money from BP for many things that had nothing to do with the spill but the recession that affected most businesses from coast to coast.

    BP's lawyers obviously are not very good, and not earning their huge fees.
    Oct 23 08:50 PM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    It's more like $400 a WEEK, and for a married person with a working spouse, its plenty to keep someone from accepting a job they don't think "pays enough"! Also, the nonworking spouse now has no transportation expenses to and from a job, and if they have children they are also not paying for daycare!
    Dec 27 09:15 AM | 9 Likes Like |Link to Comment
  • Linn Energy: A Different Kind Of Oil And Gas Company? [View article]
    I averaged down, taking full advantage of the great sell-off. With all the critical articles written over the last few days, I am nervous. BUT I also trust the management knows what they're doing at both LINN and LNCO. They are not stupid people, and they want to make money too! Sure hope I am correct. :)
    Jul 5 03:34 PM | 9 Likes Like |Link to Comment
  • BP: Tide Turning For This High Yield Play [View article]
    It's about time our courts are acting with justice in this matter! Yes, BP has paid plenty for its mistakes, but it has also paid plenty of claims, valid, exaggerated and false included.
    Dec 3 12:22 PM | 8 Likes Like |Link to Comment
  • What Does The Future Hold For Coca-Cola And Other Soda Makers? [View article]
    I just can't give up my daily can of COKE ! It's my picker-upper around 3 p.m. I happen to have low blood sugar so I doubt diabetes is in my future.

    The obesity epidemic and perhaps diabetes is on the rise due to eating lots of "junk foods" along with several cans of pop daily. (Not to mention lack of exercise.) No intelligent person should blame CocaCola or Pepsi specifically. There are plenty of other soda makers in the market!
    Oct 5 05:42 PM | 8 Likes Like |Link to Comment
  • This Large-Cap Multinational Is Insanely Cheap And Undervalued [View article]
    I continue to want to speak out for BP: had it not been for Obama's refusal to allow foreign vessels in the Gulf to rush to clean up the oil, BP's damages would have much considerably less ! Foreign countries had many "clean-up ships" ready, willing and able and all offered their help.

    Obama refused to allow a temporary permit so they could suck up all that spilled oil. Thus, I think BP is paying far more in damages and the area sustained greater damage due to U.S. refusal of help. Everyone seems to want to forget another one of Obama's screw ups.
    Sep 24 07:34 PM | 8 Likes Like |Link to Comment
  • 4 Reasons Why Businesses Should And Will File More Claims Against BP [View article]
    Very good points, neilc38. Foreign companies that had a lot of experience and the high tech equipment needed to clean up the oil were offering immediate help. IF Obama was so concerned, why did he flat out refuse the help? As president, he could have easily provided these companies waivers on some rule about allowing foreign vessels in our waters--instead, he flat out refused.

    Should Obama be held accountable for some of the damages? Heck, he won't even admit to his failure to rescue our men in Benghazi.
    Sep 8 09:30 PM | 8 Likes Like |Link to Comment
  • At the Precipice: When Everyone's Fearful ... Sell? [View article]
    What happened to "be greedy when others are fearful"? There are some great stocks out there at good prices. The question, as always, is "where is the bottom"? Few of us are able to foresee the tops and bottoms, regardless of all those charts and predictions!

    If you like a company with good fundamentals, why not buy when the price is low?
    Aug 24 11:26 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    A company has to be making a good profit to even consider hiring new employees. Factor in all the new taxes (Obama's "change") and we can expect unemployment to continue.

    (If I can't keep up with current payroll, why in the world would I add to it?) We need to see hiring from a business perspective.
    Aug 2 10:54 AM | 8 Likes Like |Link to Comment