Everyone has opinions. They give you their two-cents worth. I'll give you more. One penny more. That's a cool 50% more than others. And that's wicked value.
The LIVEROCKET investment philosophy is that at any given time, there are amazing companies out there that are building better mousetraps and generating incredible sales. This is not a buy and hold philosophy. No company can maintain exceptional growth and momentum for long.
Monday, October 15, 2007
Better late than never - DRYS
Lets see if we can catch some of the DRYS momentum. I keep waiting for a pullback, but none is forthcoming. 100 shares @ 125.2
But you deliberately avoided buying in RIG-GSF merger? Cramer screams everyday buy buy buy . On merger there would be some handsome dividend pay off. So.. why not in a IRA A/c ?
RIG is not doing as well as ATW. I think that consolidation is possible and ATW is ripe for consolidation, especially given the cash the ythrow off.
GLNG and natural gas. Natural gas is something I like but I can't find the right investment. At the moment it is very, very regional. I mean that there is no real infrastructure for transporting natural gas on a global basis. Russia moves it to Europe. The US gets it from the Gulf of Mexico. In essence, there is no true global shipping. Yet. There is a lot of investment going on to address the issue: pipelines, structures to purify and liquify, and so on. The appeal continues to rise as oil prices rise.
I have mentioned before that the loss of extraction drilling in th eGulf of Mexico will deifnitely lead to a shortage of LNG in the next year. One harsh winter an dLNG prices will shoot up.
Andrew,
ReplyDeleteI like DRYS ..good pick.
But you deliberately avoided buying in RIG-GSF merger? Cramer screams everyday buy buy buy . On merger there would be some handsome dividend pay off. So.. why not in a IRA A/c ?
Any thoughts on GLNG which has a strong hold on transporting liquefied natural gas?
ReplyDeleteRIG is not doing as well as ATW. I think that consolidation is possible and ATW is ripe for consolidation, especially given the cash the ythrow off.
ReplyDeleteGLNG and natural gas. Natural gas is something I like but I can't find the right investment. At the moment it is very, very regional. I mean that there is no real infrastructure for transporting natural gas on a global basis. Russia moves it to Europe. The US gets it from the Gulf of Mexico. In essence, there is no true global shipping. Yet. There is a lot of investment going on to address the issue: pipelines, structures to purify and liquify, and so on. The appeal continues to rise as oil prices rise.
I have mentioned before that the loss of extraction drilling in th eGulf of Mexico will deifnitely lead to a shortage of LNG in the next year. One harsh winter an dLNG prices will shoot up.
But for now, I am on the sidelines.