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#1
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![]() "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.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. Asslicker shoots and misses once again........that makes him about 0 for 10,000 -- John H "All decisions are the result of binary thinking." |
#2
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![]() P.Fritz wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.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. Asslicker shoots and misses once again........that makes him about 0 for 10,000 I see you still aren't smart enough to debate a subject without childish name calling. Now, please, go read Nasdaq's headlines for yesterday. Number one: Oil stocks down after news of rising crude prices. Do you have an intelligent comment to that, or just more childish drivel? |
#3
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![]() P.Fritz wrote: "John H" wrote in message ... On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote: Calif Bill wrote: "basskisser" wrote in message oups.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. Asslicker shoots and misses once again........that makes him about 0 for 10,000 Really? Read this, from today's Washington Post: An index of energy companies fell 1.7 percent, for the steepest decline among the S&P 500's industry groups. Exxon Mobil, the world's largest publicly traded oil company, fell 81 cents, to $60.09. ChevronTexaco, the second-biggest U.S. oil company, dropped 75 cents, to $58.42. ConocoPhillips, the No. 1 U.S. oil refiner, slid $1.93, to $105.10. They were among the biggest drags on the S&P 500. |
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