Lineandinitial
Legio patria nostra
$.78 a share payable March 9th.
Davis is retiring....
Davis is retiring....
Oh Lord...? This means...
? This means...
hiOh Lord...
My check will be a little bigger this March.? This means...
I got shares. I'll take my $5 and wipe my ass with it when I get that paper!!!!!
I know I should reinvest it but I prefer to use it for a nice get away weekend every 3 months for the wife and I.Just re invest. You will never see it. Buy oil stocks. It can only go up.
Especially when you don't work everydayI know I should reinvest it but I prefer to use it for a nice get away weekend every 3 months for the wife and I.
Hope I can get out of the drive today...Especially when you don't work everyday
Never screwed til you sell...I thought about buying oil when it was $89 and was going to sky rocket over $100. Glad I didn't because I'd be screwed now.
Yeah that hurts. Years ago when i was young, in my 401k at a company i worked for, I was able to and did purchase stock of that company. They proceeded to go through bankruptcy and came out as a different company with a different name(there was no buyout, just it changed during the bankruptcy). When the name changed, my stock became null and void. Over 700 shares.Never screwed til you sell...
Or the company goes totally belly up.
If you are going to buy energy, buy infrastructure.Just re invest. You will never see it. Buy oil stocks. It can only go up.
If you are going to buy energy, buy infrastructure.
He can stand the risk ... most of us can't.Buffet just bought 6 million shares of Phillips (psx)
If you are going to buy energy, buy infrastructure.
http://money.cnn.com/2016/02/11/investing/oil-prices-bankruptcies-spike/index.html
Bankruptcy filings are flying in the American oil patch.
At least 67 U.S. oil and natural gas companies filed for bankruptcy in 2015, according to consulting firm Gavin/Solmonese.
That represents a 379% spike from the previous year when oil prices were substantially higher.
With oil prices crashing further in recent weeks, five more energy gas producers succumbed to bankruptcy in the first five weeks of this year, according to Houston law firm Haynes and Boone.
"It looks pretty bad. We fully anticipate it's only going to get worse," said Buddy Clark, a partner at Haynes and Boone and 33-year veteran in the energy finance space
He can stand the risk ... most of us can't.
Phillips, Exxon, BP are good buys that will be there after the shakeout.
The newcomers and smaller companies will be decimated and bought out by the older, bigger companies.
I like to buy established infrastructure stocks myself which are down right now but will rebound regardless of the winners.
Just my approach.