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NeumansMom

04/23/16 1:44 PM

#727 RE: MovedOn #726

Haha Yes I am sure that on the outside you are probably thinking what the hell? Sure I do try to invest at the bottom and ride it out and then put those profits into ETFs.

GLBL I bought into because as it dropped to under 2$ I couldn't resist. More so I invest based on balance sheet/income statements. GLBL has contracts for the next 10 years and I was actually betting on SUNE being bankrupt. The good news is...GLBL is better on its own. And that's why it is now over 3$. I did sell my shares at 3.05$ :)

CPLP has a really fantastic balance sheet with a great dividend. The market came down hard on them for 1) being an MLP (however they are profitable and provide 1099s 2) charter vessels to Hyundai. Take a look at their income statement/balance sheet and dividend history. All fantastic. I rolled over some cash into them and I am averaged now at 2.98$. My biggest fear with them is they decide to go private. Check em out, I have no doubt they will break 4$ veryyy soon. They should meet/beat EPS this quarter as well.

I'll take a look at what you said, I just want to make sure it passes my DD. I like companies that have a big upside, strong balance sheet, and have have income almost guaranteed. This is why I liked DNR. Plus O & G is never going to stay at <40$ forever, and DNR was built to survive a downturn due to their management.