Yes, I like both of these very much. I am just quietly laughing about the silly business happing with LINE and it really does present an opportunity to add. However, I am fully exposed in energy so I would need to sell something...maybe BP where I have a small gain.
Important point missed...GGN can be used as a market hedge that also pays a dividend while your waiting. It does not trade lock step with the stock market and this makes it a very obvious option to buy when the market is at an all time high like now...and gold is in the dumps. It will rise again.
Angola LNG Project: BP And Chevron About To Ship LNG To Europe And Asian Markets [View article]
So I am thinking about adding to my BP position now. I may sell out of SU and LINE to do this but I am not sure...Do you think the worst is over for BP?...CVX is a much more expensive stock.
Should General Electric Spin Off GE Capital? [View article]
Would you cut your leg off if you had a cramp? No, you would exercise it and make it stronger. GE Capital has made significant contributions to the overall health of GE. Very fooling to cut it loose, in my opinion.
AT&T: 14% Return Year To Date, Now What? [View article]
More to my concern...is T worth the designation of a legacy or core holding. It is my top holding right now by valuation and any stock that I have that does not have a legacy holding needs to be sold given a 30% profit. I am very hesitant to designate ANY telecom stock as core. If you just review the history...these companies have not treated their stock holders kindly over time and they are almost always sugar coated. I am just not sure but perhaps I may sell 50% and work off of the profits.
Ford: 4 Reasons Why This Stock Is A Strong Sell [View article]
I am buying back into F for these reasons and because of its strong showing in China. F is beginning to shed the old production quality problems and now seems to be poised to make a strong showing during the US recovery.
American Capital Agency Corp.'s Upcoming Q1 Income Statement Estimation [View article]
What I really take away from this is that if I own this stock, I had real better have faith in managements honesty as they could if they wish manipulate the price and we would never know. I do trust them now, but what about in a more challenging economy? To me,( and I am long in both this and ACAS) you have made the case for why I should never consider this stock as a legacy holding.
American Capital (ACAS +0.6%) has its price target lifted to $15 from $12 at UBS which reiterates its Hold on the stock. The company also gets a shout out from Todd Sullivan who implores AIG to copy American Capital's strategy of aggressively buying back shares as long as they're below book value. [View news story]
Lifting a target to $15 from $12 after the stock already hits $14 shows real guts doesen't it. Now how about $25?
How To Spin Gold Into Cash [View article]
How To Spin Gold Into Cash [View article]
Do Not Panic Out Of American Capital Agency [View article]
American Capital Agency Corp.'s Upcoming Q1 Income Statement Estimation [View article]
Angola LNG Project: BP And Chevron About To Ship LNG To Europe And Asian Markets [View article]
Should General Electric Spin Off GE Capital? [View article]
AT&T: 14% Return Year To Date, Now What? [View article]
Ford: 4 Reasons Why This Stock Is A Strong Sell [View article]
Ford: 4 Reasons Why This Stock Is A Strong Sell [View article]
Ford: 4 Reasons Why This Stock Is A Strong Sell [View article]
What's Wrong With Ford's Stock? [View article]
American Capital Agency Corp.'s Upcoming Q1 Income Statement Estimation [View article]
General Electric Shareholders Should Revolt [View article]
American Capital (ACAS +0.6%) has its price target lifted to $15 from $12 at UBS which reiterates its Hold on the stock. The company also gets a shout out from Todd Sullivan who implores AIG to copy American Capital's strategy of aggressively buying back shares as long as they're below book value. [View news story]
Real Price Of Gold: Things Are 'This' Far From Changing [View article]