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misterchan
61 Comments
Ominous for the Globe but Good News for Oil Bulls [view article]
To quote George Gershwin, "Our love (Ifor oil) is here to stay." Aug 30 07:50 PMCal-Maine Foods: Ready to Cook [view article]
Great article, Faisal. I presently hold CALM and have previously traded it quite a few times. It is a star performer in my portfolio. Actually, it is the ONLY star performer in my portfolio. What a beautiful stock! I buy a lot of eggs, so if anyone sees them for $2.00 a dozen, let me know where. They are about $3.00 and up, except when they are a "leader" in a weekly supermarket ad. The bottom line is - I have made a substantial profit in CALM at a time when everything else I hold is suffering. And on a day like today when the market is falling apart, it's nice to be able to look at that symbol and stay calm. Aug 07 07:09 PMFive Stocks to Own Now that the Dow Has Bottomed [view article]
All of us who have read this excuse for an informative article have indeed reached the bottom as regards coherent, intelligent thinking. The ramblings of an idiot. Aug 04 08:07 PMOil and Gas: Perfect Investment Tsunami [view article]
Wonderful article. Thank you. Does your Tsunami strategy extend to coal? I look forward to a future article on this subject. As do many others. Jul 13 08:07 PMMelnyk's Actions Will Only 'Delay the Inevitable' at Biovail [view article]
I agree with above comment, but wouldn't it be interesting if someone came to the rescue with a flea collar. Stranger things have happened on Wall St. Jul 07 07:36 PMWhy the Discrepancy Between Oil and Gold? [view article]
To Gerrele, I have heard that LOVE of money is the root of all evil. And it seems more logical to conclude that LACK of money is really the root of all evil. Just try getting along without it for a few weeks. So, on that basis, the ideal condition would be the comfort of not having to worry about not having enough money to be reasonably comfortable. Jun 10 05:34 PMWhy the Discrepancy Between Oil and Gold? [view article]
The above was for Poet Sam. Jun 10 05:25 PMWhy the Discrepancy Between Oil and Gold? [view article]
Gold is basically worth a lot. For instance, you can eat it, burn it, build with it and even smoke it. How? Any country in the world is, and will be, happy to accept gold as payment for food, coal and other heating items, lumber and all necessary building materials, and cigarettes, cigars and pipe tobacco. And as the dollar keeps declining, the people who pay with gold will eat like kings and the people who buy their dinner with dollars will have only one benefit - they will never have to worry about losing weight. As for oil, it benefits the entire population via corporations. But if a truck drove up to your house and deposited 100 barrels of oil in your front yard, could you eat it or build with it or burn it or smoke it? No. Utilization would only be available if you sold it for dollars, leaving you in the same condition as you were before. As the dollar falls, it buys less and less. That is why some people like to hold gold. It holds its value over time and is accepted allover the world. Jun 10 05:20 PMHas Oil Production Reached a 'De Facto' Peak? [view article]
Jim, thanks for yet another great article. Jun 05 12:54 AMHas Oil Production Reached a 'De Facto' Peak? [view article]
What goes up? It would be a relief if STOCKACCUMULATOR would go up. Up, up and away! Above-mentioned person is probably a very NICE person, except for the fact that I have read his post re PBR 3 times tonite, to say nothing about yesterday. Possibly he owns PBR. I mention various financial vehicles, too, but not so often and not at such great length. Jun 05 12:51 AMIs There an Oil Crisis Looming? [view article]
Thanks for just about the best article I have ever read at SA. You have vast subject-knowledge combined with a great writing talent. I learned a lot about the oil situation. Jun 05 12:18 AMWho Benefits When the Fed Floods the System with Liquidity? [view article]
Speculator - Had you invested in thosecommodities, you probably would have benefited monetarily. I did. Jun 04 11:39 PMCal-Maine Foods: Eggs in One Basket [view article]
I buy a lot of eggs. As grocery price levels have increased, especially during the last year, the price of eggs has surpassed almost everything else. There are also many more "designer eggs" and some sell for as much as 5 or 6 dollars a dozen. The most economical way to buy them is to wait for a supermarket to offer them as a "leader". Also, CALM ships lots of eggs overseas, fresh and powdered. Regarding dividends, try them, you'll like them. I incorporate the use of both covered and naked calls when needed. As for CALM, I have already traded it very profitably and also got that fat dividend. At present, I am holding some shares with June 35 calls written. If they take it, I will have a respectable profit and if not, I will probably write some more. I also have written some Nov. 45 naked calls which are quite profitable now, but I'm not in a hurry to buy them back. Also wrote just a few far out 30 naked puts which are not profitable, but if I let them get exercised, I will be getting the stock at a bargain price. However, I do agree with you that you can be left with a weak stock. I have a couple of those, too. But what's perfect? Certainly not the stock market. Jun 03 12:53 AMEnergy Pause Is No Problem for Canadian Trusts [view article]
Whisper - I agree with you, except that I don't especially like PGH. It seems to be stuck at 20, and makes very minimal moves. One that I would like very muck to add is BTE, which I think has not been mentioned yet. That one looks very appealing re its earnings, etc., but I haven't been able to catch it pulling back even a little bit to an interesting buying point. I'm still watching and have written some naked puts on it and also on PWE. Bill d - You are smart. When was it ever not profitable to NOT get put with a naked put? You end up with a profit. What I do is go out a few months, sometimes to the max, and write a put which defines the price I would like to pay for the stock. Especially PWE. I wrote some recently, before the big move, and got about 3.00 for them. Jack Yetiv sounds like he does not appreciate the opportunity in carefully monitored naked puts. I also write covered calls and on other stocks, naked calls. But the real gem is those dividends. Any of you who wrote disparagingly about CanRoys should take a second look and re-read all the positive comments above. May 19 09:28 PM'Renting' Stocks For Dividend-Dividend Capture [view article]
Roger, Check it out. It was reported on the radio that for the next two years dividends will be excluded from taxes. Reliable source, just can't remember which one it was. Heard it on the radio. Also, someone called in and asked if they had heard it right and was reassured in the affirmative. Possible it was Bob Brinker, but I am not sure. I am writing in from Ca. Anyway, if it wasn't Brinker, it was someone with similar knowledge, as I don't believe everything I hear. Will be watching for some info from you. May 08 05:06 PM