"if you sat on GLBL for the last year you missed out" ???
re:
<<GLBL - don't get me wrong on this one. I've said they've been a dog in the past compared to others in the industry which is quite true - you can compare them to damn near anybody in the service companies and see they have lagged. They are a late cycle play that will get going when lots of new offshore developments go in and need pipelines. They have a bright future, but if you've been sitting on them for the last year or so you've missed out on a lot.
Sharp>>
Sharp; not trying to make this a long drawn out affair; but where have you been & what the hell you smokin ?
GLBL has literally been one of the best performing , fastest breakout movers of all the service co's & one of the most profitable trading, or buy & hold stocks this cycle - especially if you used "any" degree of good money management - ie: trading stop limits, or sold & trimmed into the huge breakouts...
The hell with this recent pullback - this is OPPORTUNITY ! - if you'd been here for a while; many, many, many posters trimmed into the May-June Oilpatch strength & have been pounding the table on selling the breakout movers & taking the profits & rotating to laggards; raising cash for just this pullback and above all - at this stage of the cycle; using tight, tight trailing stops.
GLBL in the early stage of this cycle up untill the last 8 weeks was one the highest return stocks in all of OS. It has also been one of this threads great plays; ask Bullsky if he remembers the old $5 to $8-$10 days ? And when the "BIG" money was made during this cycle Sharp (where were you ?) GLBL ran "non-stop" from $5/$6 in Nov 1999 to $20 this June - a literal non-stop 3.5 to 4 bagger !?!?!? and you say "this" about GLBL !?!?!
<< but if you've been sitting on them for the last year or so you've missed out on a lot.>>
- WRONG ! if you sat on GLBL for the last year and used any degree of profit taking/trading ability , or merely used common sense money management & used stops; you probably outperformed literally 90% of all the OSX stocks, vastly outperformed the index and should have tripled your money ; let alone during the moderate risk "leveragable" days of Feb to May - when the "smart money" here was leveraged - you would have made so much money on "holding GLBL over the last year" - that you too probably could have walked away from this summers market whipsaw - smelled some roses, done your part in keeping the economy going with a little "cap ex" spending of your own & not worried & been happy....(VBG), maybe bought some Gold Stocks - because you could and then patiently slowly walked down that hill here (just like the Old BULL vs. the Young Bull) and cherry picked the pullback here as well... especially GLBL and now get to ride that "out-perform" GLBL train yet again !
Here is a 1 year chart comparing the OSX to GLBL - take out the last month,or so & GLBL "VASTLY" outperformed the OSX during this entire recent OSX move right thru July.
siliconinvestor.com
.... GLBL has been very, very good to me & bank on it; it will be again; load thy boat son. GLBL right here, right now - is as good of a risk vs reward play as we've seen in the service/drillers since Feb-March; it's as close to "free money" as you're going to get and its one of the few stocks I would "leverage" into any & all weakness here.
... just my .02 cents.
PS - remember; watch what the Saudi's do - not what they say; they owe the elder Bush & the Arabs will do whatever it takes to keep Lieberman out of the White House for obvious reason... Bush is an Oil guy & the son of the Gulf War President - this isn't a tough call either.
All the Saudi's have to do is "talk" and not deliver... 2 more months will NOT hurt OPEC, or throw the World into a crisis; but it will pad the Saudi's Vaults & it will guarantee Bush the election... so what do you think the Saudi's & OPEC and the entire Arab world is going to do facing the choice of Gore/Lieberman, or Bush ? |
