Comments on: Buy GulfMark Offshore (GLF)

By: DCBa

DCBa — Wed, 09 Dec 2009 13:10:55 +0000

With the recent decline in share price, should we consider adding to a position in this?

By: taiwanjo

taiwanjo — Tue, 22 Sep 2009 02:25:31 +0000

Hi Jim,
First of all, thanks for sharing your knowledge.
Just wanted to know what you did with your “picks to watch for a recovery” (Left Column in you MSN journal)..?
I kept some of them & wanted to know if it wouldn’t be nice to add them in your today’s portfolio or “stock to watch”…
One chinese play was CMED (China Medical). recently, they announced a share buyback..I bought on that day. I believe this stock could soar more if it holds the 50day MA…
What do you think?

By: lotteollie

lotteollie — Fri, 18 Sep 2009 19:28:42 +0000

Jim:

I love the information that you provide. GLF may not be alllowed to drill for PBR, which is one of the reasons that you cite for buying it. Below is info from seekingalpha which comments on that. Speaking of PBR, I sold it on your recommendation. Should I buy back in? I need energy stocks, but I’m not sold on GLF. Thanks for all you do. I missed you during the meltdown.

http://seekingalpha.com/article/161523-brazil-upsets-economists-with-decision-on-in-house-drilling-rigs?source=article_lb_author

By: viwi

viwi — Fri, 18 Sep 2009 15:03:24 +0000

Jim, I am always confused when you are trying to pick more than one company in the same sector. In a given example, I look at SLB and GLF and see that they are most 100% correlated over the past 5 years. It makes me think that there is no competitive advantage of one over the other, and even if you think there is it is not reflected in the stock prices.

By: wwweng

wwweng — Fri, 18 Sep 2009 14:34:31 +0000

Jim,

Just finished reading your book. It’s great.

From reading your article, you buy GLF because you already have RIG in the picks. If the rule of JubakPicks allows you to “double down” on a stock, would you put more into RIG, instead of buying GLF?