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  • Will Silver Stocks Outperform Bullion at $130 per Ounce? [View article]
    The run up is probably short term but the question is when will it crash? It could take a long time and those short without the actual commodity to deliver will have to buy and bid it up further in a dear market to meet contract requirements.

    This is not that rare a commodity. There are silver mines that have closed down because the ores are not rich enough at the lower price but that is changing. Then there are new discoveries of silver deposits that previously have been too remote to economically exploit. Now they are.

    When the miners see the light to start a plan to expand production, they would do well to clear out their total inventory and hedge their future production at the high prices. Then the price would decline. Its just a question of when they will push the button to sell.
    Feb 20, 2011. 03:19 PM | Likes Like |Link to Comment
  • 5 Large Caps Being Chased by Institutional and Mutual Fund Investors [View article]
    How much is a pound of pennies worth right now?
    Feb 18, 2011. 04:23 PM | Likes Like |Link to Comment
  • 5 Large Caps Being Chased by Institutional and Mutual Fund Investors [View article]
    CAT - Chased? In the case for CAT I believe its strategic investing. They are benefiting from an economic rebound, increased spending to upgrade and maintain infrastructure, the surge in metals prices increasing mining exploration and ore recovery along with the combination synergy that will come with Bucyrus.

    This is long term strategic investing - not quick buck trend chasing.
    Feb 18, 2011. 11:34 AM | Likes Like |Link to Comment
  • What Are Big Investors Doing With Bank of America? [View article]
    At 4 it looked like a complete bust but investors like yourself gave me some confidence and I bought in around 9 for some of the their other preferred issues. Now I'm worried they'll go over par and start to be called. Look over the call dates and map out a strategy. Mine is to buy the warrants and wait till '19 to exercise with a zero T-Bond to come due at that time. Getting a fair return on the Treasury issue and by that time BAC should be pushing out a decent dividend. If the rate starts to eclipse the Treasury gain that will be the time to sell the warrant and buy the stock.
    Feb 17, 2011. 01:47 PM | Likes Like |Link to Comment
  • Mega-Cheap Mega-Caps Could Fuel Mega-Gains in 2011 [View article]
    JNJ - My big draw to JNJ was the blood test announcement for tracking tumors. This has great potential and may eclipse the earnings of any new pill product coming out in the sector. I believe this blood test could become a preliminary diagnostic technique and would be required by all for general medical screening.
    Feb 17, 2011. 01:36 PM | 3 Likes Like |Link to Comment
  • Warren Buffett's Berkshire Hathaway Holdings [View article]
    Excellent rundown but what ever happened to GEICO? Did he fire the Gunny?
    Feb 17, 2011. 01:29 PM | Likes Like |Link to Comment
  • January Retail Figures Not Surprising; Buffett Bails on Bank of America [View article]
    Buffet was wise to lighten up but that's old news. His Marine Gunny from the GEICO ad gave him some recent advice. "You cry baby, buck up and get some self confidence. Now's the time to buy."
    Feb 17, 2011. 12:23 PM | 2 Likes Like |Link to Comment
  • Why Buffett's Right About Bank of America and What to Do About It [View article]
    Buffett is a cry baby. He should take the advice from his GEICO ad - "What we need is build you some self confidence - you cry baby!"
    Here, have a tissue.

    In the end - he's going to find that a buy and hold strategy from the time he sold will win out for the long term. Then the crying will start again when they fire up the dividend by year end, LOL.
    Feb 17, 2011. 12:17 PM | 2 Likes Like |Link to Comment
  • What Are Big Investors Doing With Bank of America? [View article]
    BAC - He's the guy that runs all those ridiculous Geico ads and I haven't seen the best one run in several weeks now - The Marine Gunny analyst. Buck up Warren you cry baby. You now what we need, we got find you some self confidence!
    Feb 16, 2011. 11:33 AM | 2 Likes Like |Link to Comment
  • 6 High-Yielding Electric Utilities for Consideration [View article]
    The sector has been out of favor for some time now but is overdue for a rebound. Your recommendation may be timely. For Utilities in general , I would avoid those in the North East - Potomac Power and BG & E. During the winter snow storms they are being criticized for not restoring power in a timely fashion and the press is full of analysis of the high dividends being paid and high executive salaries with only small investment to modernizing and maintaining distribution systems. Politicians will be sour to allow rate increases based on this performance.
    Feb 15, 2011. 12:59 PM | 3 Likes Like |Link to Comment
  • 18 Stocks on the 52 Week Low List Ready to Pop? [View article]
    I took a good look at TSTY and wonder why you put it on your list. Are you arbitrarily only doing stock screening to meet your bottom fishing criteria? They are consistently losing money, ventured out on a new costly plant construction and the balance sheet is in terrible shape. I've read BB comments saying the dividend is about to be cut and there is hardly any stockholder equity left. They also are under competition from some better capitalized larger companies and may have difficulty raising prices in the face of increased commodity costs.

    Stock screening is a good way to start looking at stocks that fit a criteria that you feel could possibly beat the market but you have to look at the man behind the curtain.
    Feb 15, 2011. 11:37 AM | Likes Like |Link to Comment
  • 18 Stocks on the 52 Week Low List Ready to Pop? [View article]
    TSTY - Bottom fishing can be very painful. I am only familiar with one company on the list TSTY. I used to buy their cup cakes when I was a kid for a nickel for a package of 3. They are probably down on the fear of commodity price increases but they have an excellent history of increasing their prices. I haven't bought any lately but I assume the same package is probably 10-15 times more.

    As a prices paid statistician for USDA when we used to price household goods, I noticed that packaged bakery goods did an excellent job in keeping up with inflation. Catching TSTY in a down cycle may be a very good catch. I have to investigate it some more before I make a decision to go after this fish.
    Feb 14, 2011. 07:00 AM | Likes Like |Link to Comment
  • 18 Stocks on the 52 Week Low List Ready to Pop? [View article]
    I've been in WGO several years ago and got out before the big decline. Much going against it - mainly high gas prices and the poor economy. Also the proposed finance of second homes where the big ones qualify for tax write-offs - if that gets killed along with rising interest rates it can have a tough time to rebound. But I'll take a second look at it.
    Feb 14, 2011. 06:46 AM | Likes Like |Link to Comment
  • Why True Diversification Is Important [View article]
    I comment frequently on MSB, have been trading it for over 2 years now and this attracted me to your post. I do not have this as my "largest" US position. Its simply not investment grade enough to warrant too much exposure.

    You have done well in selling some at 56 - I did make a sale slightly lower but in a strategy to limits my risk exposure and protective of the profits already gained.

    Could you share your trading strategy on it?

    Mine is to currently to maintain a constant dollar value position - this has required me to make 3 purchases on the way down. My next buy point is 30. Sell point 37.50.

    Originally my intent was to keep it as a good dividend earner and an inflation hedge with iron ore prices being bid up.
    Feb 13, 2011. 05:38 PM | Likes Like |Link to Comment
  • The Impending Collapse of the 30% Premium for EGPT [View article]
    That's almost impossible to do, figure out the value of the underlying securities and also take into consideration the foreign exchange difference of a variable portfolio, LOL. The people managing the fund have all the cards in their hand, the buyer of the ETF is completely blind.

    But I guess Egypt is a good stable growing economy to invest in, LOL. They are apt to overthrow the next government as well. Good trustworthy people to invest with, LOL. Hey kid wana buy shares in my pyramid amusement park.
    Feb 13, 2011. 07:55 AM | 1 Like Like |Link to Comment