mygoals

Total Rating:
0 / 0

4 Comments

    • Mon Jul 21st 12:23 PM | Rating: 0 0
      Commented on:
      What the New Interest in Saskatchewan Oil Sands Means For Oilsands Quest
      with an estimated 6.6 billion barrels at even a reduced $100/barrel divided by roughly 227million shares outstanding makes your $18-22 extremely conservative. my guess was double yours, and with this news of asian interest over nearby land puts the value at who-knows-where.
      my only concern is that BQI does not sell out for less than what they are worth in both land and oil commodities, and allow some big oil bully to dictate to them what they will or won't get.
      6.6 billion barrels should assure them that they are in the driver's seat, and that there are plenty of big oil players out there that can help with the refining and distribution process that would want a piece of that action.
      Position: LONG Bought at $3.68
      View article »
    • Sat Jun 28th 22:41 PM | Rating: 0 0
      Commented on:
      Adding to My GE Position
      just out of curiosity, if GE were to spin off some of its subsidiaries, would present stockholders get shares of the new company? i ask this question only because as a stockholder of mcdonalds i was and continue to be royally pissed off that i didn't receive a penny from the chipotle mexican grill spinoff. any thoughts out there?
      View article »
    • Tue Apr 15th 14:10 PM | Rating: 0 0
      Commented on:
      The Long Case on Meridian Bioscience
      I bought this stock back at around $11-12/share, and then revelled in the 3:2 split, and have been doing the "Snoopy" dance since researching how deep they are making their own pipeline. Management is sticking to what they know and do best, and are obviously quite adept at doing just that showing a true Midas touch. I also almost pulled the trigger to sell when the price reached $36.25 just 3/4 below their 52wk high. But after watching the stock's strength in the face of these market conditions, as well as knowing how they are not resting their R & D department, I just couldn't pull the trigger. Instead, I opted for a stop loss at $29. Why? If you look at a 6-month chart going back to the middle of November 2007, you will see that 5x this stock bounced sharply off the $29 mark. Specifically, it shot to around $33, $36, $33, $36, and $37 respectively each time it bounced off $29. Those, in and of themselves are not peanut trades. That's $30 worth of pickups in just 5 months time!
      Anyway, as with Bob this is definitely my most successful and largest holding of the last 18 months thanks to great management, and great products and pipeline. The dividend is just icing on the cake as it provides both growth and income (dividends are reinvested). I, too, am cautious and well aware about growth issues with regards to the stock price, but I'm not down at all on the company. I just feel that I've covered myself in that regard by setting that stop loss at a point I'm comfortable with - and believe me, should I get stopped out, I will have my eyes open for signs of stabilization in price and trading to look for a new entry point!

      Art
      View article »
    • Thu Mar 27th 22:30 PM | Rating: 0 0
      Commented on:
      Wells Fargo Seeking Fed Shotgun Marriage
      So, which is the better short-term play, WaMu or Wells Fargo?
      View article »
Contribute an Article Become a Seeking Alpha Contributor