Quote:
Originally posted by Craig911
What is American's symbol?
|
AMR
as far as the insider stuff, prehaps it is an overstatement so I will withdraw that phrase.
I spend most of my time understanding the manufacturing and reliability profiles of various companies. When a company is buying up other ones or investing millions in measures to improve profitability when they are already kicking butt, I would say that they are looking at being the major, long term player. That is what I see happening with the FP co's mentioned. As far as the major oil companies - I compete with them all the time, and I spend a good portion of my time in their refineries doing the same sort of work that is done in the food processing sector - I also invest in them because I can calculate their operating margins and I know what their capacities are. They ain't goin away anytime soon.
But lets face it, the market is a casino without the free cocktails, just a bunch of cocks. I'm sure their are reputable brockers just like their are honest real estate agents - unless it is family, I'd rather deal with Vito, Tony and Joey-bag-o-donuts with my book.
And on a typical side note - Anyone who thinks that we are in a bad way with fuel is sadley mistaken - these prices are only a reflection of greed and profit taking, nothing else. Upside, I was told many states get a taxed percentage at the pump, the higher the price, the more the state makes for programs - just wish those programs were better managed, but thats another thread!