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re: Stock plays in Response to Market Mediocrity

Posted on 6/4/12 at 6:56 pm to
Posted by LSUTigers00884
Lafayette
Member since Oct 2011
1160 posts
Posted on 6/4/12 at 6:56 pm to
ich1ban

been re-reading some of your stuff. I like your NKO.TO call because it is at 27.6 or something like that atm.

I'm a college kid looking to make some short term gains and put the money back into the market for the next 3 years. (just started all of this). Don't have much but enough to make some gains and reinvest. This is my way of saving for marriage.

Still hold out for Niko until 21? It is pretty much at an all time low right now which makes me interested because there is more room for gain.

I like BP at 33 with that 5.2% yield.

Lastly, JPM-- still don't like it? I'm getting antsy for JPM; feel like I want to buy

thanks man. good video btw.
Posted by LSUTigers00884
Lafayette
Member since Oct 2011
1160 posts
Posted on 6/4/12 at 6:56 pm to
Also, any way to Private message on TD?
Posted by ich1baN
Member since Dec 2010
1812 posts
Posted on 6/7/12 at 2:13 am to
Hi Tiger,

Sorry I have been away.

If you really want to play the oils and do not have much cash generation at the moment then I highly suggest Calumet (CLMT). It is a master limited partnership which has to pay out 90% of its earnings in order to 'earn' its tax free status. They yield currently north of 10% in dividends.

This would be a perfect play for someone like you that is in college and does not have much to invest with. I have owned them since they were single digits and they have yielded a nice return ever since they were created.

The reason I put a lower buy rating on NKO is b/c of market turmoil and the fact they don't yield anything. There could be a big shift from investors and big money institutionals towards higher yielding equities (there already is to a degree) compared to the atrocious 10 year treas yield.

I like BP anything under 35, and think you might be able to pick it up at 33 as long as oil takes a dive after Bernanke doesn't announce QE tre tomorrow. I think he will hint at it but I don't think the market will like his response. Most likely the market's will be up huge in the hours leading up to his speech.... so from 9:30 am to 10 expect triple digits and then for it calm a bit as the market hangs on his every word and anything that sounds like a dove.

In summary, look at CLMT, it will yield you a nice return and you can reinvest your divs into it automatically.

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