Comments on: “Only Company that can reach 1.3 Trillion Barrels of Oil”

By: StockGumshoe

StockGumshoe — Sun, 06 Jul 2008 22:27:58 +0000

Ah, the good old “I was early” excuse — not to disparate Mickey, since it may well be true in his case, but that is almost always what Wall Streeters say when they’re trying to claim a good track record in the face of evidence to the contrary. Much more face saving to say you were early than wrong, and it has the added benefit of allowing you to lather up some false modesty as well.

I’ll join the club … I have often been “too early” with my investments, too — and unfortunately, I’ve often both bought AND sold too early, thus safely getting out of a stock before the profit even began to be made. C’est la vie.

Thanks Myron.

By: Myron Martin

Myron Martin — Sun, 06 Jul 2008 22:00:19 +0000

Acergy was a good play for me, no time to go back and check exact figures, but i agree with an earlier comment, Mickey is usually a little EARLY with his picks, but his percentage of winners is pretty good! Myron

By: EYOUNG

EYOUNG — Fri, 04 Jul 2008 18:48:34 +0000

HEY! Thanks, J! THAT is EXACTLY what I have wanted to know! You are TOPS!
Have a Blessed Weekend, and know you have done someone(s) a real service! I am sure, that I am not the only one who has had this situation. Being the gutsy questioner I am, I pop off all the time, if I don’t understand. You helped.
Eugene

By: julykittykat

julykittykat — Fri, 04 Jul 2008 17:50:02 +0000

Eugene, you genius!!! Tks for the B’Day wish, and right back at you!! May all your fireworks be dazzling, EH??

By: J.

J. — Fri, 04 Jul 2008 15:08:17 +0000

EYOUNG – A couple tips for finding competitors: Yahoo does not have the link you’re looking for anymore, but if you look in the list of links to the left you’ll notice under the Company heading a link for Competitors, and it will give you a Direct Competitor Comparison table. Also, hop on Google Finance and type in the Symbol and you can scroll down to see Related Companies (oftentimes not direct competitors, but a good snapshot of like companies in a sector.) I also suggest doing intensive research into the overall sector trend, as it is more likely for companies to follow the overall trend than to break it. Sure, there are break-out stocks in all sectors at all times, but it’s safer to stick with the leaders of the pack in an up trend than fish out the “salmon” swimming against the stream in a down trend.