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re: I'm seeing a bargain with this stock, what am I missing?

Posted on 3/25/13 at 1:12 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69932 posts
Posted on 3/25/13 at 1:12 pm to
quote:

Knowing how shell operates, I'd probably buy amazon...


If that's a moral call, well OK. If it's an investing call, I'm gonna disagree, long term anyway.

Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 3/25/13 at 1:25 pm to
exactly vol...it sucks shell does business with Iran, but you know honestly if people really dig into it all LARGE companies do some shitty stuff

1.walmart puts small towns out of business, and makes workers get on government rolls to survive instead of paying up

2.starbucks said their piece the other day on marriage

3.shell deals with iran

4.coke makes products that kill you

but what the hell are you gonna do? You gotta buy these giants if you wanna take care of yourself and your family, their returns are undeniable......so shell at 7x earnings with a monster yield might be the best play on the market today as far as im concerned
Posted by C
Houston
Member since Dec 2007
27830 posts
Posted on 3/25/13 at 1:33 pm to
quote:

If it's an investing call, I'm gonna disagree, long term anyway.


When i look across the world, I see a lot of very big, new finds occuring with market prices above $80/bbl. I also see a lot of instability in places with a lot of oil. To me, it wouldn't take much for supplies to really increase and really put a pinch on the big players that are moving into $50-$70/bbl positions. Shell is also getting their feet put to fire by regulators and environmental activists for their activities in the arctic; much more than other IOCs.

I really don't know how to describe Amazon. They are big into servers. Big into retail. Big into technology. Big into publishing. Looking at their P/E isn't very telling. They are a growth company. I'm not a buyer at the price they are today, but i did enjoy the ride up and sold very recently. I want to see some of their ventures become profitable before I purchase again.
This post was edited on 3/25/13 at 1:36 pm
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 3/27/13 at 11:12 pm to
Own too much of it, aluminum prices being squeezed and not a big enough div to let you get paid to wait.
That being said I'm holding my shares, but I have no other choice
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