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Monthly Archives: June 2008

Three babies and a man

Saturday, June 28, 2008

I came across these babies—ARD, BUCY and NOV.
Looking at the numbers, I feel they have potential to be good investments. However, I haven’t analyzed them deeper to peg a fair price or to buy them, yet.
These 3 stocks are all  in the Energy sector (Oil is what they all have in common). However, this isn’t [...]

Filed in General, Stocks, Watchlist | Comments (872)

And the latest news is…

Saturday, June 28, 2008

I sold ATW on Friday. Here’s a quick summary of the trade

Stock
Purchase Price
Date of Purchase
Sale Price
Date of Sale
% Gain

ATW
105.00
5/20
117.55
6/27
11.95%

Atwood Oceanic Inc. (ATW) is a drilling contractor and the speculation in the oil market and the desperate desire to increase production made it a good investment.

Speaking of oil, CNN’s report on ATW, highlights a couple of [...]

Filed in Portfolio, Sale, Stocks | Comments (1024)

It’s the Rule of 72 or is it?

Friday, June 27, 2008

The rule of 72 is often cited as a quick and handy way to analyze the potential of your investments. To quickly determine how many years or what annual rate-of-return you need to double your investments, use the following formula
Rate of Return =   72/ Number of years
In order to double your investment in 5 years [...]

Filed in Tips | Comments (1010)