Hiding Bear Posted November 28, 2004 Report Share Posted November 28, 2004 BHP is on a wave 3 rocket ride. I tried to buy on the open Friday, but missed it. Story below is not in US$: Buyback sparks a rush for BHP BHP's chief financial officer, Chris Lynch, says the buyback will benefit all shareholders. And Ausbil Dexias' Paul Xiradis agrees. "The buyback price is low, which is quite positive from an earnings per share point of view and the quantum is actually a lot larger than expected." he said. BHP bought 180.72 million shares, more than 50 per cent more than originally forecast, at $12.57. The buyback price will consist of a $2.10 capital component. The remainder will be paid as a fully franked dividend. The Australian Shareholders Association welcomed the result but says it would like to see the balance of the $US2 billion returned to shareholders via a special dividend. BHP shares ended the week at $15.50 and are currently yielding 1.6 per cent. http://www.heraldsun.news.com.au/common/st...255E664,00.html Link to comment Share on other sites More sharing options...
Brown Suguaro Posted November 28, 2004 Report Share Posted November 28, 2004 When good parents go bad you divorce them. Its what America did in 1776. It was called the Declaration of Independence I am sure the California probably feels like divorcing the rest of America right now. <{POST_SNAPBACK}> Well said, Jimbo, well said. And many countries divorcing Uncle Buck. That'll leave a mark. Link to comment Share on other sites More sharing options...
Brown Suguaro Posted November 28, 2004 Report Share Posted November 28, 2004 [quote=Drano <{POST_SNAPBACK}> What we really need is a screamer screener streamer. <{POST_SNAPBACK}> You can't say that three times fast, Drano, even when you're not breaking rule#5. Link to comment Share on other sites More sharing options...
Brown Suguaro Posted November 28, 2004 Report Share Posted November 28, 2004 Ha ha, the ads at the top of the page are now for Rocky and Bullwinkle products. Let's see if this can alter the ad mix: John Wayne, Gary Cooper <{POST_SNAPBACK}> Oh, Drano you make me laugh, but you've got to admire those Adbots. The other day I mentioned Hawaii, and then the banner ad was for flying off to Hawaii. So now we will be served Fajitas as we fly to Hawaii watching a John Wayne movie. Link to comment Share on other sites More sharing options...
FeedFool Posted November 28, 2004 Report Share Posted November 28, 2004 I don?t like chasing it, best to wait for the shake out. It was in correction mode for 18 years and started its moon landing mission in 1999. Any of you TA experts got time to take a look at MUR? Is it too late to get in -- wait for pullback? Or take the leap (actually, the LEAP) now? TIA. <{POST_SNAPBACK}> Link to comment Share on other sites More sharing options...
Bizarro-Greenspan Posted November 28, 2004 Report Share Posted November 28, 2004 Jimi,join Cascadia,babee. I'm literally too scared to cross the border now,I don't wanna go to G-Bay. I love Kali though,especially the North,Hwy #1,SF,the redwoods and Yosemite. I miss it so much. Link to comment Share on other sites More sharing options...
Drano Posted November 28, 2004 Report Share Posted November 28, 2004 Thank you, FeedFool. Link to comment Share on other sites More sharing options...
Jimi Posted November 29, 2004 Report Share Posted November 29, 2004 Jimi,join Cascadia,babee. I'm literally too scared to cross the border now,I don't wanna go to G-Bay. I love Kali though,especially the North,Hwy #1,SF,the redwoods and Yosemite. I miss it so much. <{POST_SNAPBACK}> It's still a beautiful wonderful place. Even as it becomes evermore crowded and its inhabitants become everless civil. I think The Great Economic Reckoning headed our way will especially hit the nouveau riche homeowners of LA & SF. Some will become Hip Cat's cornered animals, while others will just slink away with their tails between their legs. I think America is about to get a tough lesson in humility..... Link to comment Share on other sites More sharing options...
dozer Posted November 29, 2004 Report Share Posted November 29, 2004 Is anyone working the long side on STLD ? I have a small position, but didn't like the action past mid-session Friday. A jello-pushing day, sure, but it still looked a little weak to me....possible breakdown coming....or just some twitching before a leg up ? Link to comment Share on other sites More sharing options...
Drano Posted November 29, 2004 Report Share Posted November 29, 2004 I have a small position, but didn't like the action past mid-session Friday. <{POST_SNAPBACK}> Why not sell one share and keep the other? Link to comment Share on other sites More sharing options...
Slothrop Posted November 29, 2004 Report Share Posted November 29, 2004 Gold up, silver up. The game begins anew. Link to comment Share on other sites More sharing options...
mirac Posted November 29, 2004 Report Share Posted November 29, 2004 Stories begginning to come in about this weekends retail. Seems all over the map. One thing to remember is that is is not the sales figures that matter as much as the margins that the retailers get. "The Washington, D.C.-based National Retail Federation expects that total sales, excluding restaurant and auto sales, will rise 4.5 percent for the November-December period. That would be less than the 5.1 percent gain of a year earlier." http://biz.yahoo.com/ap/041128/holiday_shopping_4.html And it seems that Walmart didn't want to get involved in super discounting-like last year http://biz.yahoo.com/ap/041128/wal_mart_stock_1.html Link to comment Share on other sites More sharing options...
dozer Posted November 29, 2004 Report Share Posted November 29, 2004 I have a small position, but didn't like the action past mid-session Friday. <{POST_SNAPBACK}> Why not sell one share and keep the other? <{POST_SNAPBACK}> sloth: I'm showing gold DOWN, 1.50... Link to comment Share on other sites More sharing options...
GTNWORSE Posted November 29, 2004 Report Share Posted November 29, 2004 Evening Guys, Hope that everyone had a nice weekend with friends and family. I believe that we will get FeedFools correction this week. Will use it to exit my short position in the QQQ's. Just hope that it's a decent one. I am holding off on buying any gold stocks at this time. Believe that we are long overdue for one of those stomach churning dips to test the faith of the longs. Will be adding CBJ, of course, at that time. Still holding NXG and, regretably, PMU. Would not be at all surprised to see the energy sector fall out of bed at this point. Every butthole anal cyst on cheat street is overweight these stocks, and continues to pound the table on them. I'm not a technical guy, but those wonderful chart erections can turn into floppy noodles very quickly. Probably right when I buy in:) Link to comment Share on other sites More sharing options...
Private Skidmark Posted November 29, 2004 Report Share Posted November 29, 2004 In overnight trading on ebay, the US dollar reaches a new high of 1.727 Canadian dollars (including shipping): link. A clear sign a rebound in the dollar is imminent. Link to comment Share on other sites More sharing options...
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