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On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote:
John H wrote: On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote: John H wrote: On 24 Mar 2005 05:18:41 -0800, "basskisser" wrote: John H wrote: On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message roups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H Have you ever heard of supply and demand? IF he raises the price of the tomatoes too high, no one will buy them, then the "stock" would go....DOWN..... You were the one who provided the example. I just corrected your reasoning. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H Waffling??? ANYBODY who would stand for an infinite rise in the price of ANYTHING would be just plain dumb. Would you? Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H "All decisions are the result of binary thinking." |
"John H" wrote in message ... On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote: Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H "All decisions are the result of binary thinking." INANE is asslicker's middle name. |
"JimH" wrote in message ... Oil now at $56/barrel with $2.20/gallon prices at the street pumps. http://tinyurl.com/3jzt2 How much will it be at the docks? A good year to be without a boat. I do feel your pain. ;-) Any updates on prices at the docks? We are paying $2.20 at the street. |
P.Fritz wrote: "John H" wrote in message ... On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote: Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H "All decisions are the result of binary thinking." INANE is asslicker's middle name. Speaking of inane, I see that you still don't have the mental capacity to post anything of any substance, and instead, resort to childish name calling. Quite typical of someone mentally unable to participate on topic. |
John H wrote: On 25 Mar 2005 09:43:36 -0800, "basskisser" wrote: John H wrote: On 25 Mar 2005 05:02:12 -0800, "basskisser" wrote: John H wrote: On 24 Mar 2005 05:18:41 -0800, "basskisser" wrote: John H wrote: On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message roups.com... Calif Bill wrote: Well, my Chevron stock has doubled in value and I also get a nice dividend. Helps with the fuel bills. Well, I'll ask again. Do you honestly think that if you pay MORE for gas, that that somehow equates to more money from oil stock? You DO know that stock value and the price at the pump have very little in common, don't you? Back to basskisser, EH? Lots of your side has been saying the price is run up to get more profit. Well, more profit, means more dividends and price of stock goes up. Simple. Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying that because you pay more at the pump, you'll MAKE money???? Here's a little simple point for you, Bill. Because the price at the pump goes up, doesn't mean a damned thing to the end profit. It's the price of CRUDE that's went up. Therefore, Chevron paid more for the crude, passed that to the pump. Profits did nothing. Let's simplify it. Say a grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents. His supplier starts charging 7 cents, he passes that to you, by charging you 12 cents. His profit hasn't changed. Wrong idea. The grocer has a profit margin of 100%. So, when the price goes to 7 cents, he raises the price to *14* cents. He's now making an additional two cents profit. -- John H Have you ever heard of supply and demand? IF he raises the price of the tomatoes too high, no one will buy them, then the "stock" would go....DOWN..... You were the one who provided the example. I just corrected your reasoning. You "corrected" nothing, John. You simply gave a different scenario, and it is flawed. The consumer won't stand for an infinite rise in prices. Waffling. That's what that's called. -- John H Waffling??? ANYBODY who would stand for an infinite rise in the price of ANYTHING would be just plain dumb. Would you? Good. You're back to your old self again. NO ONE could AFFORD an infinite rise in the price of ANYTHING! Therefore, the comment is INANE! -- John H Great, I'm glad that you realize your error. |
JimH wrote: "JimH" wrote in message ... Oil now at $56/barrel with $2.20/gallon prices at the street pumps. http://tinyurl.com/3jzt2 How much will it be at the docks? A good year to be without a boat. I do feel your pain. ;-) Any updates on prices at the docks? We are paying $2.20 at the street. $2.00 here. |
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