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

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Posted by ThaBigFella

baton rouge

Member since Apr 2006

2043 posts

Posted on 3/25/13 at 1:36 pm to C

Have you not seen the documentary on Walmart being evil?

It basically documents a small hardware store and all the surrounding businesses in the town basically being put out of business due to a new walmart opening. The whole town ends up working at walmart when one moves into small towns and the small mom and pops are screwed and cant compete.

It also detailed how walmart basically put a company on forbes most admired list out of business bc the company needed to raise the cost of the trash cans it produced bc costs went up but walmart refused to pay a higher price and it wiped out another town where that company was

Forgot the name, but great documentary....look I love walmart stock, hate the company, but as an investor I don't care......hell my biggest holding is phillip morris and it kills more people than you can imagine, but that doesnt keep altria + phillip morris from being the best performing stock of all time.....Im just here to make money

as for shell,exxon,conoco,and chevron....buy and hold them for the rest of your lives...just remember every day there is less oil on planet earth than there was when the day started.......and o ya we need it for just about everything and more and more people are driving in emerging countries like india and china.....honestly my favorite oil play besides shell is SINOPEC in china

This post was edited on 3/25/13 at 1:39 pm

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