sharksm

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39 Comments

    • Sun Sep 7th 09:51 AM
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      Halliburton at a Discount - Despite Continuously Meeting Expectations
      HAL is a great company and I own a lot of it. Lousy P.R., but a good business!
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    • Fri Sep 5th 08:57 AM
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      Why Buy MLPs?
      A very good article . I have held MLP's for several years, including KMP, EEP, TPP, MWE, OKS and a coal MLP, NRP. All have regularly raised the distributions and I really consider these as Income vehicles in lieu of bonds. The yield is superior to bond yields, distributions increase on a regular basis and some capital gain potential exists. Let's face it, $10,000 in Bonds that mature in ten years will pay 4 1/2% for ten years and then pay the holder the $10,000 as the bond matures. $10,000 in KMP (I own 6500 shares) has more than doubled in value in ten years and the distributions have also more than doubled. It is obvious which is a better investment.
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    • Fri Aug 29th 14:22 PM
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      Will You Look Back on Today as Your Greatest Missed Opportunity?
      Excellent article. I've been investing for over 35 years and have always stressed dividends as a requirement in my decisions. To prove the point, I currently hold 20,000 shares of MO, 20,000 shares of PM and 10,000 shares of KFT, which as of today's dividend increase pays me $80,000 a year. My point is that my cost basis for ALL is $35,000.00! I also am a long time holder of JNJ, PG, XOM and many other Blue Chip, dividend paying stocks.
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    • Thu Aug 21st 08:59 AM
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      Chesapeake Energy: Earnings and Shale Drama
      Good analysis. CHK's hedging policy pays off with weak gas prices and has been the backbone of their success over the years. I am a long time holder of CHK (27,000 shares) and also own XTO, COP, XOM, CVX and a load of oil service & drilling companies. I have heavy exposure to the pipelines through KMP, OKS, MWE, EEP & TPP, all of whom have recently raised their dividends. Of all my investments, the fact that McClendon has been a huge buyer of the company's stock in the open market puts his interest along side that of the rest of the stockholders. As far as XTO is concerned, Bob Simpson is the largest stockholder and not a buddy of Aubrey. He has watched CHK grow faster than his own company in terms of production and cash flow, and I suppose jealousy is an issue.
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    • Thu Aug 21st 08:48 AM
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      Support for Crude at $111?
      Having been an energy investor since the 1990's, I have found technical analysis almost useless. Oil is a demand story, and China's lowered demand are solely the result of Bejing slowing down it's industries and driving for the Olympics. China growth is still over 10% and while I don't expect $150 oil, I do expect oil to averaqe over $120 for late 2008 and 2009. My oil investments, including integrated, e&p and service companies made plenty of money on $65.00 oil, let alone $100 plus. Since this present correction, insider buying has increased which indicates to me that the guys who know the business best are still bullish. The biggest threat to the oil companies is Obama, who if elected will be a pawn for Harry Reid & Nancy Pelosi and try and tax the companies out of business. Check out E, the Spanish integrated oil company that yields over 6% and would be immune from American Tax policy. Also Petrobas would be a good choice if the American people are dumb enough to elect Obama. At 74, nothing would surprise me!
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    • Sun Aug 10th 10:20 AM
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      Young Jeezy's 'The Recession': I Think We’ve Bottomed Out
      I have been investing for 40 years, have held stocks through bull and bear markets and have found that trying to time the market and trade on a daily, weekly or monthly basis is a fools game. I have owned MO for almost 30 years and my original 1,000 shares is now 20,000 MO, 20,000 PM and 10,000 KFT (I sold about 3,200 shares). I now receive over $70,000 a year in dividends on an original investment of about $35,000! I have held JNJ, PFE, GE and many others from 12 to 20 years and while I no longer reinvest dividends (I am 74) I certainly don't have to depend on social security! About 9 years ago, I went heavily into energy, when oil was $12 a barrel, and while energy portfolio has taken quite a hit, I am still well ahead. I own RIG which is down about 20%, however my cost is about $7.00 a share as I had bought Global Marine, which merged and then was bought by RIG. The point I am trying to make is when stocks like PFE, BAC, GE and other blue chips are out of favor and cheap is when to buy. I am too old to invest any more but for younger investors, this is a time where an opportunity to buy the best of the blue chips at a bargain price. With PFE yielding over 6 1/2%, GE and BAC a lot more than a 10 year bond, the upside over the long term is infinite. I have never heard of anyone complaining that their favorite restaurant has lowered their prices, so why complain when a stock you want gets cheaper?
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    • Sun Aug 10th 10:08 AM
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      Obama vs. McCain: Which Candidate is Better for Ethanol and Equipment Companies?
      On balance, McCain is the best (of the worst) candidates for the stock market in general. Obama's talk is that of a socialist and while McCain is no great shakes, as in the past we are given the usual choice. Who is the least likely to do damage? It is unfortunate, but Politics isn't a choice for people with talent. We get the dregs of society. A look at the vermin we have running the Congress, in both parties should be convincing enough. That a martinet like Harry Reid and a douche bag like Nancy Pelosi running the House convinces me that not a member of congress could run a business and turn a profit. When Reid announces to the world that "oil and coal make you sick!" and they refuse to allow drilling for oil inn spite of $4.00 gasoline, it shows how far from reality these people are.
      They live cloistered lives, are driven around in S.U.V.'s and Limo's, fly in private jets and then tell the rest of us how to live our lives. If the American people had any brains, they would toss out ALL the bums, of both parties and start over.

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    • Wed Aug 6th 12:28 PM
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      Obama Wants to 'Robin Hood' Exxon
      AS a combat veteran of the Korean war, I remember elections back to Eisenhower vs Truman. In all those elections I have been put in the position of voting for the least worse of the candidates. This time it's easy. Obama is a Socialist, wants to take money from those who earn it and give it to Rev. Wright and those who don't earn it. While he's giving away Exxon's money, how about his supporters at Berkshire Hathaway, where they have a higher return on capital than any oil company? Or Google? This guy is the most dangerous candidate ever to run for President. He's just a sophisticated version of Al Sharpton.
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    • Thu Jul 24th 12:14 PM
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      Dividend Paying Stocks: Don't Discount Them Just Yet
      I invested $10,000 in MO over 25 years ago. With re-invested dividends and splits, I now own 20,000 shares of MO, 20,000 shares of PM and 10,000 shares of KFT (I sold about 3,000) My current income from these stocks is over $70,000 a year. Owning a stock that pays no dividend is like owning a business and not being paid a portion of the profits. Only a moron would do that.
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    • Thu Jul 24th 12:09 PM
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      Can Cities Create "Foreclosure Sanctuaries?" [Housing Tracker]
      Unfortunately for the "lefties", a contract is a contract. Only to Clinton is there a question of what is, is. The simple answer to the question asked is NO. These lawsuits are merely another waste of taxpayers money and more boondoggles for the shysters that call themselves "lawyers"
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    • Thu Jul 24th 12:07 PM
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      Beware the Big Financials' Dividend Trap
      This report is too idiotic to comment on.....
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    • Fri Jul 18th 09:07 AM
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      Wall Street Breakfast: Must-Know News
      How come foreigners can keep assets here and not be taxed on interest, capital gains, estates etc., but American's who do the same overseas are criminals? I guess we are against illegal immigration unless they are rich!
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    • Tue Jul 15th 11:29 AM
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      Investing in Dividend Paying Companies
      One comment worth considering. I purchased 1,000 shares of MO over 28 years ago and re-invested the dividends for over 20 years until I had amassed 20,000 shares (including splits). At the current time, I hold 20,000 MO, 20,000 PM and 10,000 KFT (I sold about 3,000). My current income from this original investment is over $70,000 a year, twice what I paid for the original Investment. I also have long time positions in other blue chip companies that have multiplied many times from my original investment.
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    • Fri Jul 11th 11:28 AM
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      Not Calling Crude Oil Prices a Bubble For Now
      We don't need wind energy. Just harness all the hot air coming out of the Politicians and our energy problem is solved. Until that happens, I will be long CHK, XTO, COP, XOM, EP, WMB, HAL, SLB, NE, NBR, PDC, PDS, etc. etc
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    • Thu Jul 10th 09:05 AM
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      The Brightest Stars in the Commodities Boom, Part Two
      I love Monday morning quarterbacks. AFTER a huge hit to commodities, our "expert" posts the news to sell coal, etc. Commodities including coal are in a long term uptrend and this sharp correction will be followed with furrther upward momentum. I have been overweight in energy since 1999, and have seen these pullbacks before. While I am most bullish on natural gas ,oil is going to continue to go up in price as long as the rest of the world sucks it up. Asia is adding cars every day and hasn't the natural resources to fuel them. Disclosure: I own 27,000 shares of CHK and have large positions in COP, XTO, EP, WMB, XOM, OXY and numerous oil services as well as pipelines OKS, MWE, KMP, EEP & TPP and coal as well through BHP & NRP.
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