Dr. George W. Barclay Jr.

Dr. George W. Barclay Jr.
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  • Wal-Mart: Market Leader Generating High Returns, Strong Cash Flows  [View article]
    I added WMT@51.95 to my position today. Merrill has it A-1-7 BUY P/E 11.5 12 mo target $65 Yield 2.8%. You can get PG $60.4 A-1-7 BUY P/E 16 target 12mo $74. Morningstar has PG BUY@ $61.60 I had this strange feeling of animal instinct and irrational exuberance today so I did the following: Sold UTEK and GTS @profit. Bought UTEK 12 and sold at 24 after 3years.

    Bought MU @$10.35 500 shares. Merrill has MU C-1-9 P/E 5.8 with 12 mo target of $15. MS HOLD and S&P BUY.

    Really feeling like a tiger (WOW!) I added the following purchases to my overbought positions in my IRRA. SCGLY 300sh @13.64; NOK 300sh@$8.36; SYK 50sh@ $61.95; WMT 50 sh @ $51.95; PG 50sh @$61.10; RBSPF 4000sh @ $0.6718; LYG 1000sh @$3.98. GM 50sh $30.6 ; AA 200 sh@$16.44; C 1000sh@$4.4 and lastly BRKB 25 sh @$85.06.

    NOBODY ever made a decision with their frontal lobes. It takes a kick from the limbic system which is strictly primitive and shared with all the animals, "go for it.".. Whether the decisions above are smart or not will only be determined by passage of "X" amount of time. It was what I thought was right at the time I did it. Therefore fault cannot be judged, retrospectively. Anyway, I sold $6000, and bought $40,000 in about 45 minutes from my broker's secretaary when he was out to lunch. He would have argued about every transaction and we'd never gotten anything done.

    Why am I writing all this and baring my soul to the world? I just want you to know that I will put my money where my mouth is. Cheers!
    Mar 22, 2011. 05:09 PM | 2 Likes Like |Link to Comment
  • Imperial Oil: King of the Wild Frontier  [View article]
    I am long XOM. It owns 80% of IMO stock and has lower P/E. I think IMO is overbought due to over exuberance. If it drops down to $30 we are in deep doo doo. I love the company, but the stock is overbought. Buy XOM at about 60-70. That's what I did. Cheers. Imperial was our affiliate when I was engineer for Humble back in the early 50's. GWBJ.
    Mar 22, 2011. 03:46 PM | 7 Likes Like |Link to Comment
  • 8 Commodity Powerhouses to Save Your Portfolio From Rapid Inflation  [View article]
    I agree XOM and CVX on pull backs. I'm worried at APC and CHK selling our on shore mineral rights to Korea and China. NOT IN MY BACK YARD. gwbj
    Mar 22, 2011. 06:46 AM | 1 Like Like |Link to Comment
  • 33 Telecommunication Stocks With the Highest Margins of Safety  [View article]
    WOW! I'm sitting here with big profits($10,000) in VOD, and Merrill has it a B-1-7. I think your calculations may be misleading. It pays a 4.5% too. Ben Graham and Joe Granville must have been buddies. I'm serious. I think you are spinning your wheels. Read up on the Complexity Theory. It and the Chaos theory are the new math for the 21st century.
    Mar 21, 2011. 10:58 PM | Likes Like |Link to Comment
  • David Tepper's Top Holdings: A Brief Analysis  [View article]
    I very seldom get any good ideas from any of these scholarly articles. I like academicians. Merrill hires marketing majors. They're like "bookies." I am going to follow Micron Technology. Both Merrill and Morningstar speaks favorably of it. S&P has a buy, but they stamped AAA on all the toxic real estate bonds. As of today: Merrill has MU 10.36 ^0.29 PE 5.8 12mo. target 15 C-1-9 BUY. Morningstar has HOLD and increased it's FMV to ,9. I am fascinated by the prospects of nanotechnology. I own Ultratech (UTEK) which has doubled (12--24) in value since I bought it 11/18/08. Merrill has it a C-2-9 and MS HOLD.
    Mar 21, 2011. 10:28 PM | 1 Like Like |Link to Comment
  • 10 S&P500 Stocks Turning Around to an Uptrend  [View article]
    I have a big load of MSFT and bought more Friday at $24.8 Merrill-Morningstar-S&... all have a BUY. GWBJ
    Mar 21, 2011. 09:27 PM | 1 Like Like |Link to Comment
  • JPMorgan's Extremely Bullish New Stock Picks  [View article]
    I own Barclay's (BCS), and that's the only one of their holdings above. I and Merrill and Morningstar all have BCS a BUY right now ($18-20).Cheers.
    Mar 21, 2011. 09:19 PM | Likes Like |Link to Comment
  • Cisco: We Must Be Near the Bottom  [View article]
    I own all three. They are good buys right now, and you can add MSFT and Barclay's BCS. They are bargain basement and worth more than cash for long term, buy and hold, value investor. PS Merrill and Morningstar have a BUY on all five plus NOK, STD, etc., etc.GWBJ.
    Mar 21, 2011. 02:03 PM | 2 Likes Like |Link to Comment
  • 8 Consumer Stocks Hedge Funds Are Extremely Bullish About  [View article]
    Believe both PG and WMT are acceptable for buy and hold and IRRA. WMT Merrill has A-1-7 @51.2 with P/E11.5 Y 2.5% and 12 mo target price $65. Morningstar has BUY @48 FMV 60. Thanks! GWBJ. I own both in IRRA. GWBJ.
    Mar 19, 2011. 12:44 PM | 1 Like Like |Link to Comment
  • Procter & Gamble: Evaluating Future Growth and Margins  [View article]
    I own PG in IRRA. Will probably buy more at current price or lower. Merrill has A-1-7 P60.3 P/E 16 12 mo target 74.Morningstar BUY at 61.60 FMV 77 S&P HOLD Y 3.05%. I believe PG has future. Thanks! GWBJ
    Mar 19, 2011. 12:21 PM | 3 Likes Like |Link to Comment
  • Epic Changes Coming for Electric Power, Transportation and Energy Storage  [View article]
    I got lost reading all . I vote for fossil fuels to generate electricity, mainly natural gas. I think the fear of global warming is way overblown, VP AlGore is Buffoon, and it would be nice to have inexpensive long lasting battery. Natural gas is plentiful and cheap, and compressed LNG can be used safely in automobiles and trucks. As they say down here,"it's all politics." Cheers! I'm just crazy old man. GWBJ.
    Mar 18, 2011. 09:44 AM | 10 Likes Like |Link to Comment
  • 20 Reasonably Priced Momentum Stocks  [View article]
    Merrill has Varco B-1-7 with target price 90. Morningstar has hold and buy at $50. Neither have an opinion on DDS, but S&P has hold. GWBJ. I've watched the market and not found anything "good" yet except CASH.
    Mar 17, 2011. 08:52 AM | Likes Like |Link to Comment
  • Short-Term, High Probability Mean Reversion Indicator: The EFA Trade  [View article]
    When I don't know what to do, and I have no control over external factors (i. e. the world's going to hell in a hand basket), I characteristically resort to Philosophy. I am reminded of the Geico Commercial of the man living under a rock. I was taught at the US Army Infantry school (OCS) when my platoon was dug in and defending a hill and a superior enemy force was over running our position, to jump in my fox hole and call friendly artillery fire in on my own position hoping the bursting shrapnel would kill most of the enemy, and we could lift the artillery, jump out of fox holes, and bayonet the rest. War is hell. Luckily, I never had to give the command, "fix bayonets." When it snowed, I'd lead my troops in bayonet practice in preparation for that day and hour when we'd have to take or defend a hill. When all the stocks go down, your portfolios shrink, and cash becomes precious. Keep your powder dry and don't fire until you see the whites of their eyes. Try to keep enough cash to live on and pay your bills. Cheers! GWBJ.
    Mar 17, 2011. 08:10 AM | 1 Like Like |Link to Comment
  • Spotlight Shines on Natural Gas, As Japan's Nuclear Fallout Continues  [View article]
    I own O&G stocks and don't see any real bargains right now. NG is 3.8, and we have surplus of gas and oil in US. If you wait for dips, you might find bargains. I've discussed this and these stocks elsewhere. Thanks! GWBJ.
    Mar 16, 2011. 12:00 PM | 3 Likes Like |Link to Comment
  • JPMorgan's Favorite Holdings  [View article]
    I have Merrill's best large cap and best Asian funds, and they have not done any better. I don't think investment house funds do as well as an individual investor who is gambling his own money and has to pay broker's commission. Paul said." faith, hope, and charity, and the greatest is charity." GWBJ.
    Mar 15, 2011. 11:55 PM | 3 Likes Like |Link to Comment