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Aristofanis Papadatos

 
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  • Why The Greek Stock Market Could Have 50%-60% Upside In The Next 12 Months [View article]
    Abhay,
    Just two years ago happened exactly what you say. I believe we will experience the same pattern again.
    Thank you for your comment.
    Jan 21, 2015. 11:01 AM | Likes Like |Link to Comment
  • Why The Greek Stock Market Could Have 50%-60% Upside In The Next 12 Months [View article]
    Seng Hong Teoh,
    I agree with you. Thank you for your comment.
    Jan 21, 2015. 09:06 AM | Likes Like |Link to Comment
  • Similarities And Differences Between The Last 2 Oil Bear Markets [View article]
    Builder,
    It is too difficult and complicated to calculate the correct price of oil based on all fundamentals. The top experts of Goldman Sachs forecast a price of $200 in 2008 but six months later oil was trading at $35.
    You should also keep in mind that the oil-producing countries want to sell their reserves at the highest possible price and that oil had been trading between $85 and $105 for 4 years.
    In any case, thank you for your comment
    Jan 16, 2015. 01:35 AM | 3 Likes Like |Link to Comment
  • Similarities And Differences Between The Last 2 Oil Bear Markets [View article]
    Hhmiles,
    Indeed the oil production figures will soon start to reflect the current oil price, it just takes a few months for the effect to become apparent.
    Thank you for your comment.
    Jan 15, 2015. 04:51 PM | 1 Like Like |Link to Comment
  • Similarities And Differences Between The Last 2 Oil Bear Markets [View article]
    Bast,
    It depends on your risk/reward profile.
    I have mentioned the alternatives in a previous article:
    http://seekingalpha.co...

    As XOM and CVX have not been severely beaten, I would choose ESV (my first choice) and NOV.
    Thank you for your comment
    Jan 15, 2015. 04:49 PM | 1 Like Like |Link to Comment
  • Similarities And Differences Between The Last 2 Oil Bear Markets [View article]
    Rseye,
    There is a lag of some months between the low oil prices and the reduced oil production, which will lead to higher prices.
    In the last bear market (2008), the prices were:
    July-2008: $147
    December-2008: $35
    June-2009: $70

    I expect oil to return to $60 within 2015.
    Thank you for your comment.
    Jan 15, 2015. 04:20 PM | 2 Likes Like |Link to Comment
  • Which Phase Of The Oil Bear Market Are We In? [View article]
    Rmaricle,
    I agree with you that it takes some months for the low prices to have an effect on production.
    Thank you for your comment.
    Jan 15, 2015. 01:41 AM | Likes Like |Link to Comment
  • Which Phase Of The Oil Bear Market Are We In? [View article]
    George,
    Thanks to fundamentals, I believe $45 is not a sustainable level.
    I believe oil will soon return to the $60-$80 range.
    Thank you for your comment.
    Jan 15, 2015. 01:39 AM | Likes Like |Link to Comment
  • Which Phase Of The Oil Bear Market Are We In? [View article]
    DougE6,
    I remind you that the relentless bear market of oil in 2008, when oil plunged from $147 to $35, lasted for only 6 months.
    Bear markets are much shorter than bull markets.
    Thank you for your comment.
    Jan 15, 2015. 01:37 AM | 4 Likes Like |Link to Comment
  • Which Phase Of The Oil Bear Market Are We In? [View article]
    T_K2014,
    The data is from below link:
    http://reut.rs/1wepE2L
    Jan 15, 2015. 01:36 AM | Likes Like |Link to Comment
  • Which Phase Of The Oil Bear Market Are We In? [View article]
    Hoopono,
    Thank you for your comment.
    I believe we will soon see the bottom of oil and it is a great long-term opportunity.
    Jan 14, 2015. 04:29 PM | Likes Like |Link to Comment
  • Which Phase Of The Oil Bear Market Are We In? [View article]
    Noreaster,
    As Isaid in a previous comment, there is some lag between prices and oil production. Of course they will not shut down all wells.
    I am long oil stocks: BP, CVX, ESV, NOV
    Jan 14, 2015. 03:06 PM | Likes Like |Link to Comment
  • Which Phase Of The Oil Bear Market Are We In? [View article]
    Expat,
    Yes, there is a lag of at least a few months until the results of low oil prices eventually show up in production figures.
    Thank you for your comment.
    Jan 14, 2015. 12:06 PM | Likes Like |Link to Comment
  • Why Grexit Is Beneficial To Greece But Will Not Happen [View article]
    Sleek,
    I could not agree more with your comment. Indeed the debt was 120% of GDP before Greece was "rescued" 4 years ago and it has now escalated to 175% of GDP even though the austerity measures have been record-high and the country has reached a budget surplus of 2.5% in 2013 and 3.5% in 2014. It is more than evident that the country cannot service its debt without an optimal haircut, in the way you described it.
    I am just disappointed that the recent Greek governments chose to impose horizontal tax raises without any real reform measures. In brief terms, although the government parties were "liberal" in the name, they actually chose horizontal, excessive taxes, just like the ones of communist nations.
    Thank you for your comment.
    Jan 13, 2015. 01:29 AM | Likes Like |Link to Comment
  • Why Grexit Is Beneficial To Greece But Will Not Happen [View article]
    Kefia,
    Thank you for your insightful comment.
    You obviously know very well the inefficiencies of the structure of the Greek economy. What you should keep in mind is that those inefficiencies existed for the last 30 years (albeit at a smaller scale) and the remedy was only one: devaluation of the local currency every now and then in order to boost exports and reduce imports.
    Unfortunately Greece now does not have this option. However, as nothing has really improved in the structure of the economy (due to unwillingness of the governments), Greece should not have abandoned its only remedy (the weak currency).
    Jan 12, 2015. 02:56 PM | Likes Like |Link to Comment
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555 Comments
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