BJ's Wholesale Club Inc. (BJ)

All Comments on BJ

  • commenter
    Mmarrkk
    Aug 29 03:52 PM
    ConocoPhillips Is Latest Oil Major to Exit Low-Margin Retail Gas Stations [view article]
    Get real. The sum of all the untapped reserves in North America are huge, including Canadian Oil Sands and the Oil Shales in Utah/Colorado not to mention the oil deposits potentially off the coasts and in ANWR. Just the Oil Shales alone are enough for decades. REad the USGS reports.

    Now, long long term, I agree we must get off of gasoline but we are a long way away from Solar as our primary, let alone, only source. Natural Gas is a good transition fuel and will be needed for electricity generation as well as cars/trucks/buses.


    On Aug 29 02:59 PM Itsonlymoney wrote:

    > We can not drill our way out of this energy predicament. The sum
    > total of all untapped North American oil on and off shore if delivered
    > will power our present oil consumption for just months, not years.
    > Ultimately oil will be gone or too expensive to retrieve so the sooner
    > we wake up to the necessity for a renewable energy future the better
    > we will all be. Big oil is getting out of retail gasoline distribution
    > because they see that it is a fading industry. Service stations make
    > more money on soda's than gas. Oil will be too valuable to burn on
    > a trip to the store.
    >
    > The future for personal transportation is anything but gasoline powered.
    > Smart people may someday plug their vehicles into a home solar charger
    > and fuel up while they sleep from the days solar electrical storage.
    > Or we may be walking again if we blow this opportunity to restructure
    > into sustainable and renewable means for energy production.     Reply
  • commenter
    Itsonlymoney
    Aug 29 02:59 PM
    ConocoPhillips Is Latest Oil Major to Exit Low-Margin Retail Gas Stations [view article]
    We can not drill our way out of this energy predicament. The sum total of all untapped North American oil on and off shore if delivered will power our present oil consumption for just months, not years. Ultimately oil will be gone or too expensive to retrieve so the sooner we wake up to the necessity for a renewable energy future the better we will all be. Big oil is getting out of retail gasoline distribution because they see that it is a fading industry. Service stations make more money on soda's than gas. Oil will be too valuable to burn on a trip to the store.

    The future for personal transportation is anything but gasoline powered. Smart people may someday plug their vehicles into a home solar charger and fuel up while they sleep from the days solar electrical storage. Or we may be walking again if we blow this opportunity to restructure into sustainable and renewable means for energy production.     Reply
  • commenter
    Mmarrkk
    Aug 29 09:35 AM
    ConocoPhillips Is Latest Oil Major to Exit Low-Margin Retail Gas Stations [view article]
    Sorry, mispell...should be "the Chosen One" Reply
  • commenter
    Mmarrkk
    Aug 29 09:34 AM
    ConocoPhillips Is Latest Oil Major to Exit Low-Margin Retail Gas Stations [view article]
    The possibility of government control of gasoline is frightful...and I fear not too far of a leap should the Chose One be elected. McCain would make the odds a bit longer, but still a possibility that would have to be discussed. Just wish we had a true conservative in power the next few years but alas, our choices do not include one! Its either a Hugo Chavez wanna-be or a chameleon that you never know what he'll do to make a compromise. Given the choice, best to prepare for the worse. Probably take the chameleon...at least there's a chance he won't drive toward socialism. O-Chavez will definetly take us there in a really fast bus!

    Getting to a sane energy policy is not in the cards...Democrats in Congress don't want to consider anything...period...Re... won't allow anything that doesn't include more drilling (which I firmly and financially support!!)...and neither candidate will make a difference there. They are both completely awash in indecision there. The Fitz Plan has some good ideas...I say "do it all...and do it quickly". First step...disable the greenie weenies and the NIMBY's. Then let the country's best get to work. As much as I hate to say it, use tax incentives to conserve vis-a-vis credits for fuel effecient vehicles, tax incentives for domestic drilling and production, more nukes and aggressive coal-to-liquids. And then more long term research and development on the next fuel source.     Reply
  • commenter
    The Fitzman
    Aug 28 09:56 AM
    My Website
    ConocoPhillips Is Latest Oil Major to Exit Low-Margin Retail Gas Stations [view article]
    As you say, American oil majors are wise to exit the retail gasoline business. Too much effort for too little margin. Other reasons are the majors see a future in which gasoline prices will rise dramatically. The political and financial pressure on retail gasoline sales will be tremendous. Longer term, if the US does not adopt an energy policy:

    thefitzman.blogspot.co...

    it is quite possible the government/military will take control of gasoline distribution and rationing. this is the reality of a peak oil future where worldwide oil supply wont keep up with worldwide oil demand. for a country that uses 25% of worldwide oil production, has on 3% of worldwide oil reserves, imports 70% of its oil, and is fighting wars to get access to future oil, this is a very likely outcome. the ONLY solution is a comprehensive, long-term, strategic energy policy like the one outlined above. don't hold your breath.
    Reply
  • commenter
    investor88
    Aug 20 09:29 PM
    Wall Street Breakfast: Must-Know News [view article]
    Until the banking crisis shows clear signs of ending, the overall stock market is unlikely to improve anytime soon. Reply
  • commenter
    billp37
    Aug 20 08:14 PM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    "Wednesday August 20, 6:46 pm ET The banks are the three biggest players in the auction-rate securities market that have not already reached a settlement with Cuomo, who is seeking deals on behalf of regulators and state authorities. Five major Wall Street firms including Citigroup Inc. and Switzerland's UBS AG have agreed to $42 billion in settlements.

    For the next phase, Cuomo has directed staff to spend more time gathering facts and talking to the three banks about the sale of the risky securities, said a person inside the attorney general's office who asked not to be identified by name because he was not authorized to speak publicly."

    www.prosefights.org/th...


    [[t]he $330 billion auction-rate securities market ...]

    MSM [aka corp/media according to george Ure] may be playing games with this story.

    "The courts, in practice, can do anything they want for the reason their actions are invisible to the public. But citizens are generally powerless to do anything about it for the reason of the reason of unaccountability in this system.

    "Newspapers don't report the news, they shape the news." quipped Libertad co-founder John Gowan.

    Mark Twain expressed a similar sentiment when he wrote "Do not fear the enemy, for your enemy can only take your life. It is far better that you fear the media, for they will steal your HONOR. That awful power, the public opinion of a nation, is created in America by a horde of ignorant, self-complacent simpletons who failed at ditching and shoemaking and fetched up in journalism on their way to the poorhouse."

    www.prosefights.org/

    Reply
  • commenter
    Boulder
    Biker
    Aug 20 11:30 AM
    Wall Street Breakfast: Must-Know News [view article]
    Having been in Macau last month, I second the comment that the idea will disappear.

    The opposite has actually happened for tourist visits to Disney Hong Kong. Typically a migrant worker in one of the border towns would have to return home to apply for a Visa to go to Hong Kong. With revenue not meeting expectations, the Chinese government worked out a deal whereby tour groups could go directly to Disney, but no where else in Hong Kong. (The other tourist sites are complaining.) Thus, avoiding the migrant the issue of going home first, where they would most likely stay put.

    Money does talk!     Reply
  • commenter
    User 218405
    Aug 20 10:57 AM
    Wall Street Breakfast: Must-Know News [view article]
    LVS and WYNN and MGM will throw a few dollars to their Chinese contacts and I have a feeling that the idea to curtail visits to Macau from 6 visits a year to 2 visits a year will disapear. Money talks in China the same as Washington. Continue to buy low and sell high and the gaming stocks are way too low now, (a great buy to hold) I'll sign my name Daniel Kowkabany Reply
  • commenter
    Rick Konrad
    Aug 20 08:36 AM
    My Website
    Looking Inside the New Ben Graham ETN Baskets [view article]
    I do appreciate the commentary from everyone.

    Mr. Carson, I especially appreciate your commentary regarding some dividend paying ETNs. The unique features of some of these ETNs are certainly worth exploring. Thanks again!     Reply
  • commenter
    sumosama
    Aug 19 02:55 PM
    Looking Inside the New Ben Graham ETN Baskets [view article]
    GREAT article! Thank you, very informative!
    Reply
  • commenter
    america_f_ye
    ah
    Aug 19 01:35 PM
    My Website
    Looking Inside the New Ben Graham ETN Baskets [view article]
    Just buy the S&P 500, this ETN will do no better than the overall index in my opinion Reply
  • commenter
    Chance
    Carson
    Aug 18 09:21 PM
    My Website
    Looking Inside the New Ben Graham ETN Baskets [view article]
    Rick...Excellent article about ETNs!

    Just to clarify, however, there actually ARE 4 ETN's which currently do(or are planning to) pay dividends. (You had mentioned that "ETNs don't pay dividends, interest or capital gains")

    The four ETNs which pay dividends are GCE (Goldman Sacks-Claymore CEF Index Linked ETN), BSR (BearLinx Alerian MPL Select ETN) ,PGD (Barclays Asian and Gulf Currency Revaluation ETN) and JEM (Barclays GEMS Index ETN).

    GCE invests in a basket of 75 discounted Closed-End Funds following a CEF Index selected by Claymore Securities (claymoresecurities.com). GCE's distribution rate is variable with the past three quarterly dividends being $1.66, $0.28 and $0.64.

    BSR is an energy infrastructure play which invests in fifty Master Limited Partnerships (MLPs) which track the "Alerian MPL Select Index" (alerian.com). One unique feature of this ETN is its issuance of a 1099 at year end, rather than the K-1 Partnership tax reports normally associated with individual MLP holdings.

    Both PGD and JEM are currencies bundles pegged, to some extent, to the US Dollar, and were just recently brought to market by Barclays on June 18, 2008. PGD includes currencies of the Saudi Arabian riyal, Hong Kong dollar, United Arab Emirates dirham, Singaporean dollar and the Chinese yuan. The GEM bundle will include currency holdings from 15 Global Emerging Markets (hence the symbol, GEM) in Eastern Europe, the Middle East, Africa, Latin America an Asia. Both PGD and GEM will distribute interest earned on the locally earned currency deposits on a quarterly basis. The rates are yet to be determined. (ipathetn.com)     Reply
  • commenter
    schnickelfri
    tz
    Aug 08 03:20 PM
    Middle Class Retail Sales Point to Continued Weakness [view article]
    I agree with everything the author reports, but today the market doesn't hear a word. Reply
  • commenter
    trader_murf
    Aug 08 12:53 PM
    Middle Class Retail Sales Point to Continued Weakness [view article]
    Love your article as always. Just a personal and not particularly researched comment about unemployment. The Feds approved a 13 week extension in UIB for anyone whose benefits expired before May 2007 and is currently unemployed. It seems to require state by state approval. The extension was approved here in NYS by Gov. Patterson for the week of July 13th I think it was. I looked at an article about the most recent unemployment stats and Alaska and RI approved the extension for the week of July 19th (?). Anyway the point is I think there is far more unemployment out there that will gradually show up in the numbers. I don't know if these 13 week extensions are considered "new" or "ongoing" claims. A 13 week extension can be a lifesaver but no replacement for employment. In any event none of this looks good for retailers or the economy. Also it is laughable that there are still politicians and pundits debating if there will be a recession. Reply

Trading Center


Loading...
Symbols:
Authors:
Quick Links: