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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (30368)	3/18/2008 10:16:34 AM
From: Madharry	Respond to of 78659

i purchased a little cfc yesterday and added a little more today. I think the BAC deal is going through as with the takeover of cfc the mortgage servicing industry will probably become a duopoly with nice and steady profits for bac as far as the eye can see.

To: Spekulatius who wrote (30368)	3/18/2008 7:45:22 PM
From: 8bits	Read Replies (1) \| Respond to of 78659

Followed your lead today in WMZ and just below $16. What's your take on the following US Energy related MLPs: VNR, CEP, LINE..? They've been taking a beating but I suspect if the plan to tax Canadian Royalty Trusts goes through they'll attract a bit more attention from US investors.

To: Spekulatius who wrote (30368)	3/18/2008 9:29:03 PM
From: Madharry	Read Replies (1) \| Respond to of 78659

could you elaborate on holding them in ira accounts please? i have steered clear of them because of this.

To: Spekulatius who wrote (30368)	4/9/2008 4:00:10 PM
From: E_K_S	Read Replies (1) \| Respond to of 78659

Hi Spekulatius- Added shares to my BP position. Last buy was 8/29/07 at around the same price. BP is selling at a forward PE of 8.8, pays a 5.5% dividend and is one of the most under valued in the group according to McDep Oil & Gas Investment Research (http://www.mcdep.com/mr80318.pdf ). The problem is that BP's management is not very good and has been held back with maintenance problems in their Alaskan pipeline which should now be behind them. My main motivation for adding shares was this announcement today; ** headline:" BP, ConocoPhillips Plan Gas Pipeline ..."(http://biz.yahoo.com/ap/080408/alaska_gas_pipeline.html?.v=3 ). They are finally going to start construction. Conoco's management should provide the expertise in seeing the project through. Both companies have a huge vested interested in getting the pipeline project completed on time and on budget. I now own equivalent amounts of BP and COP in the portfolio. Each company has made it into my top 10 holdings. With todays buy, BP represent a 2.5% position of the total. I have not paid too much attention to BP as it has significantly lagged my other oil holdings and has underperformed the S&P 500 by 10% over the last two years. finance.yahoo.com Perhaps its time to begin to accumulate more shares of BP at these levels or think about peeling off shares of CVX or XOM and buying more BP. For now I am satisfied with what I have and will wait and see if there is a steady improvement in management. This Conoco pipeline project will be a good test to see how well BP's group performs. EKS