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My Stock Blog Redux ~ DOW, DNN, SD, HERO, MPEL

     Kind Readers,

     No, we are not dead.  We are still dealing with the mysteries of the PC and why we can no longer load photos on here the way we are supposed to, as well as other matters of universal importance.

     After our last stock blog, you probably thought us to be insane.  All the stocks we listed went down.  Well, if you look further, you will see that the whole market went down and not just in the USA but all around the world.  What this does is to create a ‘buying opportunity’.  When quality stocks get low in price, you do not sell them, you buy them from idiots who think they are not good, based on their perception of performance.

     The market has turned from Bear to Bull today and a rising tide lifts all ships.  That is an expression Mark Haines used to use a lot.  He was a morning commentator on CNBC and died yesterday at age 65.  CNBC tells you what they want you to hear but Haines was a regular guy and went for the cheap jokes a lot. We will miss him.

     So let us take a look at the damages.  The first stock we mentioned was Dow Chemical (DOW), which was around $40 a share when we told you about it.  At the moment, it is up .95 cents at $36.05, digging its way back up from the correction.  DOW is the least of our worries and we almost wish it would stay low until the end of June, so that we get more shares when the quarterly dividend is paid out.  Watch for it to keep climbing, though.  Now India has drought that threatens to make cotton even more expensive and DOW has the answer to drought.

     Hercules Offshore Drilling (HERO) was $6.10 a share when we told you to buy it.  It took a dive but always held above that six dollar mark, like a winner.  Since then, Obama has turned around on American oil and natural gas, so expect these oil service companies to thrive.  At the moment, it is at $6.43 a share, up almost 5% for the day.  It will keep going up but even if you had only bought a thousand shares and sold them now, after three weeks, it would still get you a $330 profit…but that is small potatoes as you will see in days to come.

     Similarly, Sandridge Energy (SD) is up to $10.88, also showing around a 5% gain today.  We did not tell you about this one yet but now is the time to buy.  We own it.

     The casino group Melco Crown Entertainment (MPEL) took a dive, too, but is up almost 7% today on active trading. It is at $10.64 and it was $10.63 when we told you about it so, if nothing else, it held firm while many stocks floundered and continue to do so.  This one is going to really take off later in the year.  Their most recent yearly report, issued last week, shows that MPEL has swung to a profit, after posting losses for a number of reporting terms.  It was not much of a profit, a penny a share, but it repressents the swing from losing money to making money, which is what it is all about.  They crossed the threshold and are ready to rock.

     Speaking of rocks, look at Denison Mines (DNN).  It is holding its own, considering the badmouthing and backsassing that uranium mines are getting these days.  It is at $2.12, down .07 cents from when we told you about it but this is a long term play and an entry level of $2-something is excellent.  Uranium and other raw materials will be needed to help build the new world intrastructure, no matter how dangerous people think nuclear power is this month.  The fact is that nuclear energy is never going away, so invest in it while it is cheap and get some oil stocks to carry you until we are past the use of fossil fuels.

     Added May, 26, 2011 3:13pm EST

     We are adding this note to point out the significance of Sandridge Energy (SD). At this time, the price per share is $11.97usd.  If you had bought it yesterday, when we said it was up to $10.88, and sold it today (at today’s high of $12.13) you could have shown a profit of $1250.00 in 24 hours on a $1,088.00 investment.  That is about a 13% gain overnight…try making that percentage on a CD!!!



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Thanks, Obama! Who Needs American Oil? We Depend on Foreign Oil!!!!

     Informed Intellects, One and All,

     We actually break the focus on the murder of John Winston Lennon to give a tip’o’the hat to our hypocrit Commander and Thief, Baccarat Obama.

      Thanks to his childish display of emotion, directed at the lunkheads who voted for the chump, hahahahaha, er, ha, he has so universally alienated himself that we at CFYOSA no longer need to insult him…for the moment.

     This past week, he admonished the people who elected him. He was angry and you could see it. Good for him. The crowd should have thrown eggs but it was just the press corps. If he spoke to a live audience the way he addressed the American People yesterday, he would have been diving the flying shoe like Bush had to.

     It is sad to see him self-immolate…then, again, nah…he deserves it. He has been lying, cutting deals, smoking pot in the Oval Office and buggering the maturing White House pooches he bought for his daughters.

     Another good move by this jackass has been his deliberate shut-off of opportunity to the wounded unfortunates in the Gulf of Mexico – on the American side…the Mexicans are making billions of dollars in marijuana revenue. Our Fearless (with our money) Leader, in the days after the BP oil fountain became the biggest aquatic attraction since Gov. Cartman, Chris Christie (R-NJ) got his fat ass caught in the gubernatorial bathtub and had to be evacuated by being saturated in butter and pried out with a couple of lifeboat oars that were handily available. He decided to shut down all oil production by American companies in the Gulf.

     It is bad enough that Katrina decimated the whole society in the region, practically, but to shut down a major source of cashflow to the victimized areas is an inexcusable sin. Does anybody take ito consideration that children in certain areas of this country (USA) go hungry as a direct result of the actions of this ‘First Father’. Obama appears to be our most abusive First Father, promising us the love but never coming though. Besides the oil industry being shutdown, along with them go the hotels, grocery stores, hardware, sustainables, beer, K2, beer, sustainables, etc…a whole infrastructure of industry is left in limbo thanks to the December 1 decision to continue a moratorium on Gulf drilling by US oil companies. So far, heating oil is up about 18% over last year, according to my bills. Obama will be sure to drive the prices higher. It is calculated when you consider the drill moratorium and the Marcellus Shale free for all, which Pennsylvania Governor Elect Tom (Coronary-Bait) Corbett sold ‘transition team’ tickets to at the price of $1,500,000 per ducat.

     When the BP well leaked and spewed oil in all directions, what did Obama do? He declared that all wells in the Gulf be shut down, pronto. So, instead of having a bunch of American companies catching the oil at the rigs and putting it conveniently into barrels, the US-owned wells were shut down. Think of the dynamics involved here. You have a bunch of wells and one breaks, spewing oil. Shut down all the others and what is the result? D-uhhhh. Ever hear of pressure? Like that gauge on your car – oil pressure? Like when you flush the toilet while somebody is in the shower? By shutting down the US rigs, Obama effectively allowed seismic pressure build and force the oil into the ocean, as opposed to the handy barrels which would have made a profit for American oil companies, taken a little pressure off the economy, kept thousands of oilmen and realted-industry-workers off of unemployment and BEEN THE RIGHT THING TO DO.

      Osama Olama Obama, the spirits are about to speak and they are saying that you suck, bigtime. It is one distinction to be the first black president. Why not be the first suicidal president? It may be messy but it would set an example for a lot of would-bes who are in that position due to your policy fumblings. If you are reading this Mr. Obama, as a substance abuser, you owe us one for the pot trick you pulled. Bow out and allow a real President to take over and get something done. You are worthless.

     No wonder South Korea thinks they are Number One!

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