China Unicom will be selling iPhones in China starting 10/29. It will offer 32 GB 3Gs iPhone for approx. $1,000 (USD), without a contract. With a contract, the consumer will pay approx $3,000 (USD) over a two year period.
Another big issue – WiFi in China is turned off on the iPhones to comply with government regulations. If I can’t get on the web, why do I need an iPhone again?
For the short-term, CHU is a No-Go for me!
Potential Commodity Futures Trading Commission (CFTC) Rules May Force United States Natural Gas Fund (UNG) to Exit Futures Trading. CFTC’s goal is to limit speculative trading. I’m staying away from UNG right now.
I’m getting close to backup the truck with Bank of America. Load 'em up boys!
NAT @ 28.15 - 13.4% dividend; 12.6 PE;
Watch for earnings report on 11/09 to see how safe the dividend is.
MO @ 18.20 - 7.5% dividend; 11.9 PE;
Do your own homework. Let me know what you find as well ;)
KMP @ 54.45 - 7.4% divident; 49 PE;
PE is too high for me. Yet, Cramer likes it. It is also near 52 wk high, even though i see that as a good trend in this market. I'm iffy about KMP.
T @ 26.08 - 6.4% dividend; 12.7 PE;
IMO, good iPhone sales are saving AT&T. Verizon seem to be going the other way from Apple. As long as AT&T has the exclusive Apple contract, this stock is good. Not a pure "mobile internet tsunami" play though.
FRO @ 22.74 -5.26% divident; 7 PE
I'd try to get in around 21. I really like FRO.
