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bgold1955

bgold1955
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  • Betting On Texas [View article]
    Tad..... Be sure to understand property taxes in Texas before relocating. Although we have no income tax, annual property tax rate is 2.5% of assessed property value. That assessed value is dependent mostly on the quality of schools in the area. My assessed property value is about what I could get if I sold (full value). My taxes are more than my mortgage payment.

    Also, if you are not on Medicare (I'm not yet) understand the cost of health insurance as, unlike Arkansas, Texas does not have a state based exchange & insurance is high.

    My 2 largest expenses are 1) individual healthcare insurance for two, 2) property taxes. The cost of my property taxes is more than what it would cost to send a person to a state university (on an annual basis).
    Jul 22 11:32 AM | 1 Like Like |Link to Comment
  • Betting On Texas [View article]
    Mobyss.... Lengthy reply. Read 1st paragraph & stopped as I have no interest in your stereotypical way of thinking which I respectively disagree with. That's why there are elections.

    BTW, pro growth & responsible fracking. Long COP, PXD, CXO, NOV, DNOW, HAL, HK. FCX in the mining business.
    Jul 21 05:20 PM | 1 Like Like |Link to Comment
  • Betting On Texas [View article]
    Frank... As a Texan, let me assure you that the EPA is NOT disrupting the Permian, Eagle Ford, Barnett Shale, East Texas fields as there is more drilling activity since the Vietnam War. PA's issue is with local & state regs.

    Bret.... There have been no regulations that have been passed/approved via State Government that would prevent another West Texas type blowup. In fact, it is now, not a requirement to post what is stored in buildings within a town/city (unless city regs) can however, go to the facility and ask them to mail you a list of any and all materials stored but there are no regs that prevent another disaster.

    Also since you love to throw politics in, did you know Dallas, San Antonio, Austin & Houston (in 2008) are blue cities? Times are a changing.
    Jul 21 04:22 PM | 8 Likes Like |Link to Comment
  • Increased Discounting Of Upscale Products Is A Prompt To Sell Michael Kors Now [View article]
    They report in 2 weeks & that I believe falls under extreme scrutiny during the "quite period" and attorneys would not risk SEC undue attention if their statement could in anyway be deemed misleading.
    Jul 21 03:17 PM | 1 Like Like |Link to Comment
  • Increased Discounting Of Upscale Products Is A Prompt To Sell Michael Kors Now [View article]
    http://bit.ly/1yRo0Ww

    Re: Greenberg & KORS attorneys.

    KORS attorney indicates "false and unfounded"
    Jul 21 03:05 PM | 1 Like Like |Link to Comment
  • AbbVie Gets Its 'Tax Break' In Shire [View article]
    JRF77...... Very interesting comment. Was unaware or didn't consider the revalue of basis. Thanks for sharing.

    Suman....Thanks for sharing your article.
    Jul 21 11:30 AM | Likes Like |Link to Comment
  • Increased Discounting Of Upscale Products Is A Prompt To Sell Michael Kors Now [View article]
    Your article was about selling KORS NOW, not about your COH position, supposedly. So, yes, we will see August 4 or 5 when KORS reports.

    It's July for heaven's sake, spring accessories are always ON SALE this time of year. Good retailers have made their money & are simply clearing out inventory channels for the fall line and the beat goes on.
    Jul 21 10:45 AM | 2 Likes Like |Link to Comment
  • Increased Discounting Of Upscale Products Is A Prompt To Sell Michael Kors Now [View article]
    KORS has a 25 p/e with, as of last quarter, > 50% rev & > 56% eps year over year growth. That is not a high p/e IMO. KORS may go down but betting COH over KORS will require perfect timing or luck. We shall see the 1st week of August.

    BTW, as an ex owner of retail stores, which including selling various top of the line handbags, I have found that July-August buying of retail stocks has been profitable holding through Feb-March reporting. All about entry & exit price.
    Jul 21 10:14 AM | 2 Likes Like |Link to Comment
  • The Implosion Is Near: Signs Of The Bubble's Last Days [View article]
    When Santelli does his daily scream, my mini-Schnauzer goes to his cage in another room.
    Jul 20 05:20 PM | Likes Like |Link to Comment
  • Apple's Stock May Be Ripe For The Picking [View article]
    Nicely written article. Thanks for sharing.
    Jul 16 01:31 PM | 1 Like Like |Link to Comment
  • Stocks To Watch: Codexis, Michael Kors, Valero... [View article]
    KORS situation is puzzling as, other than WSJ column (which I haven't read), there is no negative news recently that has been generally available via media. A simple article suggesting that "don't do it COH's way" created a slight stampede yesterday & today in pre-market in the stock?

    With yoy rev growth of > 51% & eps growth > 62% (last annualized report from 3-2014) makes me a bit more cautious on the reason for the weakness. A lot of other retailers have announced disappointing comments/results. I am long and staying long as I would be very surprised if KORS, all of sudden, reports soft sales based on historical performance.
    Jul 15 08:34 AM | 1 Like Like |Link to Comment
  • GreenHunter Resources Could Rise 150% [View article]
    Very nicely researched & presented article. Thanks for sharing.
    Jul 15 08:08 AM | 2 Likes Like |Link to Comment
  • Column: Jeff Immelt is the American Canada needs to lead oil sands clean-up [View news story]
    "Don't know about affordable. Gallon of gas was $1.14 in 2000, $1.48 during Bush years vs $ today. Don't think energy independence did much on that front."

    Why do you guys keep forgetting about $4.15 (in Texas, more most other places) a gallon in July 2008 during Bush years? Politics? Most folks on SA remember the facts.
    Jul 13 01:10 PM | 2 Likes Like |Link to Comment
  • Freeport-McMoRan: A Great Buying Opportunity In A Good-Yielding Stock [View article]
    Another good call Arie. Doubled my position recently when price pierced $38. If it goes past $40, technically it's off to the races. I believe the oil side of the business is the ace in the hole. FCX's purchase of McMoran & Plains were, IMO, excellent purchases at the right time. Stock is getting a lot of attention lately.

    Good luck & thanks for sharing your article.
    Jul 13 12:31 PM | 1 Like Like |Link to Comment
  • Intel: On-Processor Chip Memory - It Can Be Done At High Margins [View article]
    Long INTC & MU. INTC supports a higher p/e than historical norm. Needs to show better growth, IMO, this qtr.
    Jul 11 05:56 PM | 1 Like Like |Link to Comment
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