- Q:
I have bought Visa at $89.50 and today it droped 5%, should I buy more?
Thanks, Persis -
Asked by Persis -
33 minutes ago -
1 answers -
19 views
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A: If you bought it for a quick trade, and your downside stop point has been exceeded..then
you should sell and hold to your plan. If you bought for a longer term investment, then
you shouldn't buy all at once anyway...you should be a buyer of the dips. If I was you, I
would buy in increments on the way down. You will eventually be rewarded. more - Post your own answer
- Q: New Question: Will the finanicals and tech begin to go back up next week ??
-
Asked by blitz373 -
40 minutes ago -
0 answers -
10 views
Bookmark this User - Bookmark this question - Report Abuse - Answer this question
- Q:
Top ten reasons why it’s a gamble to invest in refiners (not in any particular
order).
1. their raw material is an expensive commodity ( the guys who get the stuff out
of the ground are the real winners)
2. their products (gasoline, diesel, fuel oil, etc.) are expensive commodities
(demand is slowing)
3. it’s an energy intensive business and energy is expensive (they boil oil to
make products)
4. their biggest product (gasoline) is sold by retailers who display the price
up on big, visible signs on the street (is there any other commodity with such
visible pricing?).
5. to make money they have to be efficient, safe and reliable, which is not
cheap
6. scale is important, got to be big
7. compliance with environmental regs is costly (EPA, air pollution, gasoline
specs, etc)
8. with the dems are taking over, #7 and general business environment will only
get tougher
9. economic growth drives sales of your products: the country is in or near a
recession
10. maintenance, catalysts, people and chemicals are big cost drivers, and
aren’t getting any cheaper -
Asked by FFoot1945 -
1 hours ago -
3 answers -
17 views
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A: Transportation fuels are pretty much where most of the oil goes. Some goes into
petrochemicals too, plastics, etc.
I tried to list the pros and cons of an investment, got this far and gave up on these
guys. But my thesis could be wrong; any catalysts or factors I am missing? US refiners
do not export much (any) to Chindia... more - Post your own answer
- Q: what in the world is happening to Visa?!
-
Asked by Futuremillionaire -
2 hours ago -
1 answers -
26 views
Bookmark this User - Bookmark this question - Report Abuse - A: Some profit taking. more
- Post your own answer
- Q:
Oil goes up in price... so logically USO goes up as well... but DUG (the double
inverse) goes up as well?!?!
Can someone explain this to me? and it was on double average volume.
Thanks -
Asked by BullMilk -
3 hours ago -
4 answers -
55 views
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A: DUG is short the oil service stocks.
The market was down almost 1% today, it isn't surprising some of the energy names let out
some air. more - Post your own answer
- Q:
Shorting Oil.
I know I know dont short oil.
Can we expect the refiners (TSO/VLO) to go higher as the price of oil starts
coming down. Assuming oil starts coming down.
Cramer says oil is going to 150 so lets not jump on the wagon without
strategizing. -
Asked by blurpkin -
3 hours ago -
4 answers -
41 views
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A: I expect to start seeing some type of M&A activity.
I could also see someone come in and buyout (TSO) at these levels.
As far as value plays, I think TSO has $6 earnings power still. It might not be this year
but at some point some of the smart but slow money will step in and buy a stake.
Someone is putting big money down on TSO calls and has been for the last few weeks.
FD: Long TSO more - Post your own answer
- Q:
HPQ's got the mini-me laptop coming out
9 inch screen and light.
HPQ to 54 by December ? -
Asked by Bobby K -
4 hours ago -
2 answers -
28 views
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A: I hear that they have problems with the O/S of the mini laptop. AAPL new laptop I don't
like. It has nothing. You need to port and have USB hubs all around. I like the Lenovo
X300 it is more functional than the new AAPL laptop.
HPQ needs to address the O/S issues if this is to take off. If not it'll probably be like
Windows Me....LOLz, that was a joke and I think Vista will follow the path of Windows Me.
JMO. more - Post your own answer
- Q:
CNBC's headline says 'consumers stumble but market isn't worried...also says
market rally means wallstreet is able too look past 125 oil and a
recession...yet we pretty much have been correcting all week......somtimes these
headlines r just so stupid ,,remember back in january when ""this market could
be the next depression". -
Asked by patrick1 -
4 hours ago -
4 answers -
35 views
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A: I think they just run out of things to say after awhile.The Depression phrase should not
be tossed out too lightly.A lot has changed since the 30's. more - Post your own answer
- Q: Who's going for the CNBC Million Peso/$ Stock challenge?
-
Asked by Kartatr -
4 hours ago -
5 answers -
49 views
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A: I'm in.First time I played last year I saw James Altucher on the CNBC portfolio show.Saw
Stockpickr.com under his name and signed up soon after.Seems like only yesterday.Looking
forward to the return of Nancy Beaumont-Inventor of the multiple portfolios.A 5 portfolio
limit will cut down on some of the shenanigans that took place last year. Good Luck to
all! more - Post your own answer
- Q:
BRK.B
When things were cool, I bought a share at 3800. I bought another at 4900.
Things then went crazy. In hoping to reduce my holding. I tired scaling down.
I bought at 4500, and 4300. I do want to keep the original share and forget
about it, but how do I lessen the pain with the other shares? If I sell at a
loss the brokerage puts some of it back on the remaining share. Does scaling
down make sense or not? I know this isn’t the kind of stock to trade in and
out of, but it is what it is. Please help. -
Asked by Virgil Gump -
5 hours ago -
6 answers -
75 views
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A: Buy it on the way down. Look at your initial buy at the highest rate and the date that
will convert it from a "short" loss to a "long" long. I think "long" losses are bigger
tax writeoffs. So, at one point, you will be buying and selling at the same time, but
basically, you will be buying on the way down. When the market rebounds, you will get
gains on the ones you bought on the way down but you will also get a tax write off for the
ones you lost the most on. Does this make sense?
I try not to buy stocks that cost too much in dollars because then they are not as liquid
as stocks that cost between $5 and $100, but this is just me. I realize that Berkshire
Hathaway is a great investment, but you can get a huge double on something that costs much
less than $3800 per share. A double is a double, regardless.
Kathy in NJ more - Post your own answer
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