Posted by: beautifool July 10, 2013
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Its been a great summer. YRCW went up from 5 dollars to 35 dollars today. BNCC now at 13 dollars per share. Next stop will be a while. Hold the stock for a year and only pay 10 per cent tax instead of 30 per cent or more. Just giving the range. Hold your stock for 10 years and let it grow and only pay the tax 1 time.
My current holding.
BNCC
YRCW
BDCO
NCT
NCT- Recently added. Nothing new with this company other than its a spin off. Its a health care provider to baby boomers. Old people are becoming old faster than they thought. Read the investors presentation. Still a good price. July 31 is the time when I'll receive the so-called divident.
BDCO- Its a refinary in Texas. Few months ago I mentioned about oil boom in the US. Well now, you all know that. BDCO- belongs to a stanford university educated Mr Carroll. Its a refinary that he bought back in 2006 out of bankruptcy. Back in those days, fracking was not as popular as it is today. Hence, he bought this refinary in the obsecure Nixon area of texas. Now the neighborhood boy and girls don't have to pipe their oil to Baytown or other coastal refinary locations. BDCO has something like a "mill" of the neighborhood. They'll not go broke. A stanford guy in the heat of Texas makes you wanna buy. Remember, T Boone Pickens says, in the stock market of oil industry, if the CEO does not hold the majority of the company or the stock, he/she will treat their shareholders like some monkey in Nepal.
My current holding.
BNCC
YRCW
BDCO
NCT
NCT- Recently added. Nothing new with this company other than its a spin off. Its a health care provider to baby boomers. Old people are becoming old faster than they thought. Read the investors presentation. Still a good price. July 31 is the time when I'll receive the so-called divident.
BDCO- Its a refinary in Texas. Few months ago I mentioned about oil boom in the US. Well now, you all know that. BDCO- belongs to a stanford university educated Mr Carroll. Its a refinary that he bought back in 2006 out of bankruptcy. Back in those days, fracking was not as popular as it is today. Hence, he bought this refinary in the obsecure Nixon area of texas. Now the neighborhood boy and girls don't have to pipe their oil to Baytown or other coastal refinary locations. BDCO has something like a "mill" of the neighborhood. They'll not go broke. A stanford guy in the heat of Texas makes you wanna buy. Remember, T Boone Pickens says, in the stock market of oil industry, if the CEO does not hold the majority of the company or the stock, he/she will treat their shareholders like some monkey in Nepal.