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It is hard to say because that moratorium in the Gulf is an absolute killer. Lost production = lost revenue.

That was a pretty substantial loss. Worse, they have suspended all drilling in the Gulf until 2011 because of the uncertainty of the moratorium. I suspect many companies are doing this. These rigs are like floating cities. You can't just put one in place and initiate production on a whim.

Q2 was one thing, but because of the poor guidance going forward, it could make new 52 week lows....:cool:

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I take their forward-looking statements with a grain of salt b/c they have no market history being a privately owned company until April... I was initially thinking that IBM/Oracle/Microsoft, etc., might throw a huge pile of cash at them and try to absorb them, but the longer that doesn't happen, the more I think they're going to become a household name themselves. Their product is that good.

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I'm leery of auto manufacturers. Inflation is running rampant. Oil is up $7 in two days. Industrial metals are making new all-time highs.

IMO, this will have two effects:

1) push up input costs and squeeze the heck out of margins.

2) reduce consumer spending due to their own squeeze between food prices, pump prices, and utilities spiking.

If you're daytrading, then maybe play the bounce. If you're looking to hold these equities, seems the factors above should at least be considered. IMO, the fed may be forced to put a wet blanket on the global inflation that is running rampant- if they raise rates, the market could get squashed, so this is another x factor.

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Good call. Verily, I just want to trade the bounce. I'm an opportunist. I feel the downward pressure is mostly from profit-takers who had been along for the ride. Also, the market overpenalized for taking a big charge on debt repayment. They could have posted record profits; instead, they do the right hting and they get hammered.

I see that expensive oil and metal is a problem. In fact, there is a wet blanket over almost everything re: manufacturing except for the electrical design; nonetheless, I think people the world over will continue to buy new cars.

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Yeah, my sentiments exactly. However, that argument is too non-technical and it's oversimplified. There are other factors at play. Look at Ford's book value and everything looks great. Manufacturing costs are always there, but that's a problem for every auto company. I don't worry a whole lot about that. Slimmer profit margins ultimately still consist of a profit and people will still buy cars.

I'm smart enough to know that Mr. Market knows everything in that article already and a whole lot more and he still priced them down nearly 20% from their high last week. Ford is well behind in China relative to GM and Toyota. I'd guess the dip may have to do with that real and perceived competitive weakness in what will soon be the world's largest economy. To have the kind of selling volume to move a stock that large by that much, there has to be some fundamental analysis. On the other hand, short-term market moves are often irrational. And, on the third hand, see my signature.

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Commodity inflation will be the talk of the town in 2011.

Just this morning Whirlpool and Hershey both missed EPS projections because commodity prices are spiking and the consumer lacks the ability to absorb price increases on finished goods. This is just the beginning.

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I still love my QLIK, but I had to sell half today and lock in solid gains. Another 10% uptick and P/E nearing 160.

The good news is that now I'm playing with house money with the rest of my shares as I got back my whole initial investment. I REALLY believe in the company, but feeling a bit like a bubble.

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*Bump  (always liked this thread)*

 

I've been holding PRNHX and PREMX  from T. Rowe Price as a long-term buy and hold for a few years now.   ( Emerging Markets Stock and Bond funds)    good diversification because they have a lot of international holdings, and PREMX has been paying good cash dividends anywhere from 7% to the 5.5% they are currently paying.

 

I still like them even with all the unrest in Turkey, Brazil, etc., and other so called emerging markets.

 

In day-trading account I still hold most of my QLIK that I bought right after IPO.    I like PNC long-term.   Wanted to buy them in the 50's... didn't pull the trigger.   Don't love them as much at today's price

 

 

 

And who said dollar cost averaging wasn't effective? 401k, 529, 403b and brokerage account all at all-time highs. ;-) This roller coaster has been a real wealth builder for those with a plan.

I did a little buying this morning in the brokerage account. A bit more conservative picks after riding the recent wave.

BNI (Burlington Northern)
VZ (Verizon, >6% dividend + growth)
HCBK (Hudson City Bank, 4.5% dividend & conservative lending)
CHNG (China Natural Gas, Chinese infrastructure growth play)

 

 

3/4 aint bad...   kinda funny that you had them listed by the ranked order of their performance.

BNI absorbed by BNSF at a premium to shareholders.

VZ almost doubled in value and paid a nice dividend and still does.

HCBK stayed flat, but continues to pay an albeit much smaller dividend.

CHNG collapsed.and faces bankruptcy  xLoserx

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Kind of funny to see this...when I bought this house in October 2009 I dumped most of what I had in order to put down 25%.  I can't (and won't) buy individual stocks in a 401k.  I then sold most everything else in October 2010 when I refinanced the rental property from 6.375% 30yr to 3.75% 15yr.   The monthly payment is actually less and I knocked12 years off the loan.   They did require about 30% down- hence I sold anything left and wrote a small check at the closing table in order to boost equity.

 

I am looking at APPL now though.  I could see this making its way to $1000/sh.   When you back out the $146,000,000,000 of cash on its books, this cash machine is selling at such a low PE it makes no sense.  But market looks fairly priced, maybe a bit frothy now...a monkey throwing a dart back in 2009 should be up 100% now!    Hope people loaded up!!!

 

Love these old posts!!!

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