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spinrbait

spinrbait
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  • What BP's Finances Will Look Like After The Settlement [View article]
    its about 2.25 in s.c.
    May 24, 2015. 09:25 AM | Likes Like |Link to Comment
  • Pipeline in California oil spill ordered shut down, tested [View news story]
    i don't think the spill is that bad. ppl spilled at most 500 barrels. valdez was 11 million barrels. macondo was 80 million barrels. the 500 barrels is about 105,000 gal. or the equivalent of 5 inground backyard swimming pools. and 500 barrels is a worst case scenario. i don't think it was that much.

    2 things are at play. one liberals and the media are going to try to sensationalize this. it fits their agendas. but they are counting hurt animals on 1 hand so far. don't get me wrong, i am an animal lover.
    and also, the spill really is bad. there should be better reaction times and computers shoud be able to shut these things down immediately. there really is just no excuse. but i think insurance will cover most of this for paa. i waited for the yield to get up to 6%, or 45.66. but it hasn't happened.
    i also think its kind of sad, that there has been no articles on seeking alpha, wsj, yahoo, cnbc that i have seen, that even discusses it from the business or stock perspective. so you know the hedge fund guys will be doing well on this. but small investors just have to shoot in the dark. this is all imo of course
    May 24, 2015. 09:21 AM | Likes Like |Link to Comment
  • Buy Chevron Now Before It Takes Off [View article]
    then people would just accuse the author of trying to pump up the stock because he owns it.
    i just read the articles on stocks i like, and then decide if i buy into the argument one way or the other.
    May 23, 2015. 06:36 PM | 9 Likes Like |Link to Comment
  • Pipeline in California oil spill ordered shut down, tested [View news story]
    the rupture was on land from what i have read.
    May 23, 2015. 08:27 AM | Likes Like |Link to Comment
  • Oil spills off California coast after pipeline owned by Plains All American ruptures [View news story]
    i bought some yesterday, but sold it 10 minutes later at a nice profit. then i bought some more in the aftermarket yesterday at 47.08. currently it is 46.88 in the pre market today.
    45.66 is the point where the yield is 6%. thats the point i will get serious about buying the stock. i do wonder if this spill could cause paa to suspend the dividend like bp did however.
    May 22, 2015. 09:03 AM | Likes Like |Link to Comment
  • BP Moves A Step Closer To Gulf Oil Spill Full Settlement [View article]
    cautiously,
    i would like to know if you are long bp also.
    May 22, 2015. 08:53 AM | Likes Like |Link to Comment
  • Oil spills off California coast after pipeline owned by Plains All American ruptures [View news story]
    you're the one with the spill. not texas.
    May 21, 2015. 08:43 AM | Likes Like |Link to Comment
  • Oil spills off California coast after pipeline owned by Plains All American ruptures [View news story]
    500 barrels is not that big of a spill. it should be cleaned up in a day. i would imagine californians pee more than 21 thousand gallons into the pacific ocean every day.
    May 20, 2015. 09:03 AM | 2 Likes Like |Link to Comment
  • ConocoPhillips: Wait For $60 [View article]
    just keep in mind with the august puts, that cop has a quirky way of having their dividend ex dates. if the present is like the past, the next ex date will be in july, instead of august. so you could miss the 3rd dividend.
    May 17, 2015. 09:05 AM | Likes Like |Link to Comment
  • ConocoPhillips: Wait For $60 [View article]
    fred, i like the idea of selling calls. a couple of points. i trade weekly calls mostly. sometimes i go out 2 weeks. what is the reason you go out a couple of months or so? is there something stratigic about that?
    also, i use scottrade. we have to own the shares, and sell covered calls. is that what you are doing?
    May 17, 2015. 08:59 AM | Likes Like |Link to Comment
  • Citi's five favorite big oil stocks: TOT, COP, VLO, MPC, PSX [View news story]
    if rds.b had weekly options and more volume, it would be my favorite stock
    May 14, 2015. 04:40 PM | 1 Like Like |Link to Comment
  • Wells Fargo CEO Stumpf discloses $19.5M purchase of Chevron stock [View news story]
    i don't understand everybody thinking all you have to do is write something off. if he sells at a loss, he can deduct his loss off his taxes. but that would only get him 20% of his money back. not 100%.
    May 13, 2015. 06:27 PM | 3 Likes Like |Link to Comment
  • Investors Advised To Consider Southern Company For Income Portfolios [View article]
    well as long as we are talking about checking account interest rates, i will tell you how to really win. get credit cards that pay you cash back on everything you buy. citi currently has one paying 2%. american express has one that pays 3% on groceries. put everything you buy on it. i don't care if it is one dollar. whip out that card. i do that, and write it down in my check book like i wrote a check. then when the bill comes, i cross check the bill with the check register. the money is already subtracted, and i pay the bill in full each month. i make around 1,000 a year in cash back doing this. have been doing this for more than 5 years. i even pay all of my bills with the credit card. some charge for doing so. when that happens just use bill pay. you can save 50.00 a year on stamps using bill pay.
    May 13, 2015. 09:12 AM | 3 Likes Like |Link to Comment
  • ConocoPhillips - Time To Go All In? [View article]
    if you don't mind me asking, what price did you get for those puts? and what was the price of the stock when you sold the puts? i'm sure you did pretty good if you just get the premiums from the puts.

    fwiw i sold 65 puts on cop yesterday. they expire friday. i'm hoping they won't get assigned however.
    thanks.
    May 13, 2015. 09:01 AM | Likes Like |Link to Comment
  • ConocoPhillips shareholders approve proxy access proposal [View news story]
    well it can't be too many people. 11 people owning 3% would own 1/3 of the stock.
    May 12, 2015. 07:53 PM | Likes Like |Link to Comment
COMMENTS STATS
498 Comments
390 Likes