Stocks and Trading Thread - Channeling your inner Mono

[Admiral Yi]

Fun fact Mono, GE has been a component of the Dow Jones 100 since its inception.

Anyone else own Wally World?  They've been in a death spiral, starting approximately the time it was announced Amazon had a higher market valuation than they did.  I've given back all my gains since I bought in at the trough of the Greatest Recession Evah.

[Monoriu]

Fun fact Mono, GE has been a component of the Dow Jones 100 since its inception.

I've heard that it is the only company left 

[DGuller]

Fun fact Mono, GE has been a component of the Dow Jones 100 since its inception.

I've heard that it is the only company left 

It's very hard to track corporations like that.  They're not human beings that are either alive or dead, they mutate continuously.  A lot of the old companies have morphed one way or another into other entities.

[Richard Hakluyt]

A lot of oil companies are going very cheap right now, meanwhile Saudi Arabia looks shaky, I think that the oil majors are a good long term investment.

[Monoriu]

A lot of oil companies are going very cheap right now, meanwhile Saudi Arabia looks shaky, I think that the oil majors are a good long term investment.

Ok, Chevron then.  Will also double down on CNOOC in my main HK effort. 

[Richard Hakluyt]

My theory is that either the oil price will recover and oil shares will rise, or that the oil price will not recover leading to political turmoil in producer states and an increase in the oil price. Meanwhile the yields on Shell and BP are about 7%. A pity that cashflow is a bit weak in the Hakluyt household right now, though I did buy £10k of RDSB at £15-something with my personal cash a couple of weeks back 

[MadImmortalMan]

My theory is that either the oil price will recover and oil shares will rise, or that the oil price will not recover leading to political turmoil in producer states and an increase in the oil price. Meanwhile the yields on Shell and BP are about 7%. A pity that cashflow is a bit weak in the Hakluyt household right now, though I did buy £10k of RDSB at £15-something with my personal cash a couple of weeks back 

You forgot one thing. Leverage risk causing consolidation. Drillers and producers in heavy debt not making the cash flow anymore will keep going broke for a while, allowing their assets to be bought up by the survivors. That's going to mean better market share for those left standing, which will be the big guys with deep pockets. Exxon, Chevron, Shell, Total and BP aren't going to go bust. They are going to end up owning the assets of people like Wildcat Drilling Inc.

[Admiral Yi]

Shell just had to write off $7 billion (billion with a b) for Arctic drilling.

[Richard Hakluyt]

Shell just had to write off $7 billion (billion with a b) for Arctic drilling.

Yes, in a way it is perhaps surprising how well the share price holds up. But they are maintaining the dividend and have the "deep pockets" that MIM mentions.

[The Brain]

Fun fact Mono, GE has been a component of the Dow Jones 100 since its inception.

I've heard that it is the only company left 

It's very hard to track corporations like that.  They're not human beings that are either alive or dead, they mutate continuously.  A lot of the old companies have morphed one way or another into other entities.

Don't you have organization numbers in America?

[Hamilcar]

Ok, I have received the dividends and interests, and it is time to buy again.

I have Century Tel, General Electric, HCP, Mattel, Philip Morris, AT&T, Royal Dutch Shell, Mid Cap ETF and S&P500 ETF. 

Any recommendations?  I can pick three this time.

How about some highly speculative biotech or 3D printing startups?

[Admiral Yi]

How about some highly speculative biotech or 3D printing startups?

By the time they have an IPO they're no longer so speculative.

[MadImmortalMan]

Yeah, if you want to try putting some money in VC try AngelList.


Be very careful.

[Monoriu]

Ok, I have received the dividends and interests, and it is time to buy again.

I have Century Tel, General Electric, HCP, Mattel, Philip Morris, AT&T, Royal Dutch Shell, Mid Cap ETF and S&P500 ETF. 

Any recommendations?  I can pick three this time.

How about some highly speculative biotech or 3D printing startups?

Nah, I am not that type.  I am the AT&T, cash cow, blue chip, dividend queen, buy and forget type. 

[Admiral Yi]

I was thinking about AT&T and their monster dividend and decided it's basically a bet that no new technology will come along to make cell phones obsolete.