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Thread: Birchtree's Account Talk

  1. #17833

    Join Date
    Aug 2008
    Location
    Pensacola, FL
    Posts
    6,312

    Default Re: Birchtree's Account Talk

    BT, what do you think the future holds for ANR (ANRZ)? Do you think they will pull through with a Chapter 11 or do you think it will belly up?

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  3. #17834

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Birchtree's Account Talk

    I'm prepared to take ANRZ as a tax loss carry forward if necessary - but I'm not giving up yet. I wish the Donald would go after the over reaching EPA for the serious damage they have created in the coal patch and the loss of all those jobs. You just can't run this country on wind mills and solar panels that are only 47 % effective. We should be able to export all the coal that is dugup. So I'll take my hits and move forward - this rally has many more years to run and having some tax loss carry forward is a small blessing. I'm still buying energy stocks even though I seem to be on the wrong side - but that's what contrarian investors do. I'm even buying gold and silver stocks for the wife's IRA primarily for the income stream. I'm debating about selling my SIG to raise more cash to continue buying all those cheap energy stocks - the frackers are really golden if one has the courage to step up.

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  5. #17835

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
    Posts
    2,994

    Default Re: Birchtree's Account Talk

    Hi Birch. Never mind the rest of what I was going to post about renewable energy. Wrong place, wrong time. Your thoughts are actually being vocalized in some government places.

    I am planning on retiring in a couple years. How long should I be strong about staying the course in equities? Like this week, the week my payroll contribution goes in to C fund. "Bought" some more C on Monday and lost the contribution plus some during the week.

    I have had discussion with the two kids so they know I will try but inheritance is not a priority. Probably why they don't email a lot?

    Keep on keeping on.

    PO

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  7. #17836

    Default Re: Birchtree's Account Talk

    You OK, Birchtree? You're usually here giving the nervous bulls some encouragement on weeks / days like this.

    Hope you're just having some fun this summer.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  9. #17837

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by Birchtree View Post
    They're saying to expect more pain in the energy patch - well I don't care, I'm buying everything I can if it smells like oil. The smell of superlative bull manure is wafting across the board today.
    Oil is tanking again today. u must be loney B 4 u get rich... : )
    I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.

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  11. #17838

    Default Re: Birchtree's Account Talk

    i read that mr. carter is in the hospital with cancer that has spread to his brain, maybe birch is taking some time off to visit his old buddy and ease his transition to whatever comes next?
    100g


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  13. #17839

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by burrocrat View Post
    i read that mr. carter is in the hospital with cancer that has spread to his brain, maybe birch is taking some time off to visit his old buddy and ease his transition to whatever comes next?
    Wow that was a pretty $h!tty thing to say.
    CURRENTLY 30% C, 20% S and 50% G (as of COB 04/11/2024) 1st April IFT

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  15. #17840

    Join Date
    Jan 2011
    Location
    El Paso Texas
    Posts
    11,592

    Default Re: Birchtree's Account Talk

    Car 54 where are you?
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

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  17. #17841

    Join Date
    Jul 2012
    Location
    Honolulu, Hawaii
    Posts
    1,823

    Default Re: Birchtree's Account Talk

    I know I'm not bailing, selling right after a correction is a great way to lock in losses

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  19. #17842

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by burrocrat View Post
    i read that mr. carter is in the hospital with cancer that has spread to his brain, maybe birch is taking some time off to visit his old buddy and ease his transition to whatever comes next?
    Is birch a personal acquaintance of Mr Peanut?

    I would not think their politics are compatible

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  21. #17843

    Join Date
    Jan 2011
    Location
    El Paso Texas
    Posts
    11,592

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by tsptalk View Post
    You OK, Birchtree? You're usually here giving the nervous bulls some encouragement on weeks / days like this.

    Hope you're just having some fun this summer.
    Any word yet?
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

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  23. #17844

    Default Re: Birchtree's Account Talk

    is the BT location still unknown?
    "Our Constitution was made only for a Moral and Religious people. It is wholly inadequate to the goverment of any other." John Adams 10/11/1798

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