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Rookie777

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  • IMF head Lagarde tells The Guardian her agency has no intention of easing the terms of Greece's bailout package. Greeks need to help themselves by paying their taxes, she says, adding she has more sympathy for poor African children than Greek ones - interesting sentiments from one who was part of the regime that oversaw hundreds of billions transferred to financial institutions in the aftermath of the GFC.  [View news story]
    Wyostocks. You have used a comma splice You divided two complete sentences with a comma. I guess your education didn't help you that much. Try sticking to the substance of the debate please.
    May 26, 2012. 04:19 PM | 1 Like Like |Link to Comment
  • This Beaten Down Steel Maker Finally Looks Ready To Rebound [View article]
    stmf45@yahoo.com -- the main reason it is beaten down more than other steel stock is because of its high level of debt. It has a strategy of divesting itself of non-core assets to help alleviate the problem as noted in this recent sale - http://on.mktw.net/LRiRJc
    May 26, 2012. 03:34 PM | Likes Like |Link to Comment
  • Last Chance To Get Out [View article]
    Agree jusdoit. Would like to hear from James. Methinks he was pretty damn close to right - a few weeks will tell all
    May 18, 2012. 10:50 PM | 1 Like Like |Link to Comment
  • European markets are feeling the Monday morning blues and then some. London -0.9%. Paris -1.4%. Frankfurt -1.7%. Spain's IBEX 35 is -2.7%, while yields on Spanish 10-year bonds are up 7 bps to 6.05%.  [View news story]
    correction is coming. tighten your seatbelts.
    Apr 23, 2012. 05:34 AM | Likes Like |Link to Comment
  • Newfield Exploration Company Is Highly Undervalued [View article]
    Agree Takefive - am too waiting a bit, though it does seem to defy logic at these prices. I think the greater likelihood is still in favor of a few more dips ....
    Apr 1, 2012. 03:32 AM | Likes Like |Link to Comment
  • Where Did The Risk Go? 8 Domestic Factors That Can Roil Stock Markets [View article]
    Keep writing James - you are one of only 3 SA writers i follow, and i have read many. While i may not agree with your penchant for setting out timelines, i gain a helluva lot of insight from your intelligent, thoughtful, and lucid analysis. I have always read you saying beginning April (European elections) be careful - and i will be. Thanks for writing - keep em coming.
    Mar 28, 2012. 02:38 AM | 2 Likes Like |Link to Comment
  • Power-One, RRsat Could Go Much Higher [View article]
    quite the call - up 7%
    Mar 18, 2012. 08:41 PM | Likes Like |Link to Comment
  • Shipping Is Weak But Dryships Is Still Cheap [View article]
    These neophytes (i was one of them, and chatted with a great many others) really don't diversify, don't see the need to, and are indeed way over-exposed. Book-value is all they care about, and many of them actually do see it as an easy eventual ticket to riches (so why diversify). Correspondingly, they get so blinded by the greed of possibilities that they cant see that maybe Economou really is only using DRYS and ORIG to feed his private company Cardiff, and keeps the books as good looking as possible to keep the scheme afloat (he owns very little of the stock himself anymore, whereas in its prime he owned a lot). Then he pays way too much to buy (bail out his nephew) OCNF at shareholder expense. That he wasn't forced to the curb for that alone should say a lot about most shareholders

    Because they don't want to see any of those negative possibilities, they only see upside, and thus they don't diversify well. And then they do end up dumping when it starts to look way too scary. I waited through almost two years of very steady declines - from 6.24 - 2.20 ---and when it very suddenly seemed like it might be at its last gasps last October -- 20% drop in 24hrs -- i bailed. Now its been moving up again.

    Hard lesson to learn - the need to hedge, to diversify, to never over-expose. It would have kept me from having to bail too early.

    But - big but - if i still had it i would sell - now, yesterday, tomorrow. Because in the end, the second biggest thing i learned was not to trust Economou - not ever, in no way, shape, or form. If it fell back to 2.00 i would not buy again. I will never again but a stock unless i am very convinced through considerable research that the entire MGMT team reason-for-being is shareholder value - not just sending out shareholder scraps to float and build a huge private family business.
    Mar 16, 2012. 04:51 AM | 2 Likes Like |Link to Comment
  • What Needs To Happen For U.S. Coal Stocks To Be A Buy? [View article]
    Thank you for that disclosure Peter
    Mar 16, 2012. 02:59 AM | 1 Like Like |Link to Comment
  • Time To Accumulate Gold And Silver [View article]
    Hey - i am newbie - what do you, or most, consider "gold holdings"? Just GOLD etc., or do you consider miners like GG or IAG as holdings of sorts as well?
    Mar 14, 2012. 03:14 AM | Likes Like |Link to Comment
  • What Needs To Happen For U.S. Coal Stocks To Be A Buy? [View article]
    I don't mind waiting -- 3-4 years. It will be (God willing) 10 years before i have to even think about withdrawing anything. I have however sold ACI - kept ANR and BTU. I will diversify more from here on in, but will wait for a significant correction - i think one is coming within a few months (European elections).
    Mar 9, 2012. 05:08 AM | Likes Like |Link to Comment
  • What Needs To Happen For U.S. Coal Stocks To Be A Buy? [View article]
    Thanks all for your comments. Much appreciated.
    Mar 9, 2012. 03:16 AM | Likes Like |Link to Comment
  • A Prudent Option Strategy For Peabody Energy [View article]
    Thanks Bret for your articles. I am a complete rookie and of the 100 or more SA folks i have read, yours seems the most balanced and as humanly objective as possible. Please keep writing. I am learning and growing.
    Mar 8, 2012. 02:24 AM | Likes Like |Link to Comment
  • What Needs To Happen For U.S. Coal Stocks To Be A Buy? [View article]
    Small time investor- new to the game. Tired of paying 3-4% fees to my broker, all of which lost me on average over 22% percent over the past 8 tears (on a small portfolio of only 40,000). Those are big losses for me. I have been putting most of mu eggs in the CNX, BTU, ANR basket seeing how low they were - assuming that SOMETIME in the 2-3-4 years they MUST rise. Am i wrong? Should i be bailing and looking for a new start somewhere lower? Any advice from you knowledgeable folk VERY greatly appreciated
    Mar 3, 2012. 10:54 AM | Likes Like |Link to Comment
  • What Needs To Happen For U.S. Coal Stocks To Be A Buy? [View article]
    Small time investor- new to the game. Tired of paying 3-4% fees to my broker, all of which lost me on average over 22% percent over the past 8 tears (on a small portfolio of only 40,000). Those are big losses for me. I have been putting most of mu eggs in the CNX, BTU, ANR basket seeing how low they were - assuming that SOMETIME in the 2-3-4 years they MUST rise. Am i wrong? Should i be bailing and looking for a new start somewhere lower? Any advice from you knowledgeable folk VERY greatly appreciated.
    Mar 3, 2012. 10:54 AM | Likes Like |Link to Comment
COMMENTS STATS
53 Comments
52 Likes