Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Chesapeake Energy

You Missed It

Natural Gas Prices Collapse

Nor was Chesapeake alone in growing revenues. EOG Resources (NYSE: EOG) reported a TTM revenue of $13.75 billion in September 2013 that grew to $17.14 billion in September 2014, another increase of nearly $4 billion. Devon Energy (NYSE: DVN) reported an even bigger increase. Its TTM revenue grew from $10.35 billion in September 2013 to $16.2 billion in September 2014, an increase of nearly $6 billion.

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My Thoughts

Stocks I Own

Bank of America Corp (NYSE: BAC) – I agree with Uncle Warren on this one. BAC is cheap, and it has a bright future. It’s also a bargain; when I see a company with a TTM revenue of $87.01 million that’s trading for less than $15 a share, I buy. If they can fix their problems, BOA’s share price could shoot up like a rocket.

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