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Carl Martin  

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  • Einhorn's Fracking Concerns Are Nothing New - Part 3: More Opportunities For Profit [View article]
    WR,

    As if you are not already getting enough flak for your three articles. LOL

    But, I'm still stuck way back there in your first article which is heavily anti shale.

    Fair enough, if you want to just echo the positions of a few (in)famous others, but don't you realize, that all these people are true believers in Peak Oil? While they are pretending the subject is the economic disaster of the shale revolution, what's really bugging all these people is the vast volumes of shale oil and gas getting produced, and even worse for them, what this industry is promising/threatening to produce in the coming future. It is extremely difficult to grasp exactly when this relatively new phenomenon is going to reach it's peak production, because entirely new (at least to me) shale plays are showing up all the time.

    Quite honestly, if Art Berman is a Geologist of some repute, wouldn't it make more sense for him to write about all the "geological fallacies" the industry is foisting on the general public, rather than all the alleged "economic fallacies" the industry is foisting on the general public?

    And by the way, EXACTLY what is YOUR concern about these alleged economic fallacies, if you don't even invest in shale? Do you seriously expect the rest of us to believe, that you are greatly concerned about the economic well being of investors in shale? How about fessing up to the fact, that your concerns are your own offshore oil investments, which are getting pressured by shale production in a fight to the bitter end to determine which sub sector is the most fit to survive?

    I have asked you TWICE before to please reveal what % of your famed portfolio is invested in non shale O&G related investments? You have TWICE studiously avoided answering this rather inconvenient and all revealing question.

    By the way, did you happen to know, that I have spent about 1000 hours researching PO, and the PO movement? That might just qualify me as an authority on the subject. Who else can claim such?

    But, did you happen to know, that a common characteristic trait of this group is that they are mostly Atheists? But they have a God they worship. Their God is a God of scarcity. It's not just PO with them. It's peak everything. They all live on a planet of scarcity, not the planet of abundance, that Christians claim to live on, and you, spelled Y-O-U claim to be a faith orientated Christian. How do you justify your faith in PO, and your faith in it's false prophets, and it's false prophecies?

    You have stated before, that you used to once have faith in all the ordinary things of life, but now you don't. Now you only have faith in Jesus. Me thinks, you are trying to serve two masters at the same time. So which one is it for you? Jesus, or EinHorn? It looks to be EinHorn. Any comment?
    May 23, 2015. 03:58 PM | Likes Like |Link to Comment
  • Cabot Oil & Gas - Why The Recent Rally Will Continue [View article]
    Moshe,

    I just don't get what you are saying here. Please explain.

    "and hedging by shorting their own product."

    How does a company hedge by shorting their own product?
    May 23, 2015. 03:06 PM | Likes Like |Link to Comment
  • Cabot Oil & Gas - Why The Recent Rally Will Continue [View article]
    Thanks, Gus.

    Great website!
    May 23, 2015. 03:03 PM | Likes Like |Link to Comment
  • Cabot Oil & Gas - Why The Recent Rally Will Continue [View article]
    Moshe,

    Volatile stocks are actually the best stocks to trade.......provided one knows what one is doing. But, I only invest in the companies with very solid assets, anyway. Investing is a knowledge game. I just happen to know more about shale stocks, than the average Joe, simply because I have been involved with them for so long. That just means, that I am very likely to win in the end. That said, mistakes are still being made........
    May 23, 2015. 02:48 PM | Likes Like |Link to Comment
  • Einhorn's Fracking Concerns Are Nothing New - Part 2: Opportunities For Profit [View article]
    Bryce_in_TX,

    1.) The Bible is NOT some kind of authority for that which is true. That is why it is a matter of faith, if you believe what is written in the Bible, or not. Christianity is a faith based religion! It is NOT knowledge based. Sorry, but you can't both have your cake and eat it too.

    2.) This quote is easily seen through, because it implies that, that which is infinite and unlimited can in fact be limited to the finite confines of the human body. As this is inherently illogical, it is known to be false. But, matters of true and false do not concern you, as you are a true believer, right?

    Meanwhile matters of true and false are all that matter to me, as I have no belief in belief, and no faith in faith. Therefore, those two troublesome items never get in my way in my search for truth. But, as I can transcend the four barriers anytime I want just by closing my eyes, words have nothing to do with the Holy Spirit I have free access to. This is because, I have tread along the same general path as Jesus, and because He never followed the teachings of the New Testament, I don't either.

    I think you need to consider why it is considered wrong to worship God in form. It is not because this is sinful, or something. It is rather because it is impossible to do. This is because, GOD IS NOT IN FORM, not in the form of your body, not in the form of your emotions, not in form of your thoughts, and not in the form of your ego, either. It is those four barriers of form, that you are worshipping, not God. The fifth barrier of form, that you also worship, is the Bible. Sorry, but God is not in the form of the Bible, either.

    You do not know the difference between that which is in form, and that which is not. Not knowing is your ignorance. You are still chained up in Plato's Cave and looking at the shadows on the cave wall cast by the words written in your Bible, and making all the wrong conclusions about them, because your mind is steeped in ignorance. http://bit.ly/1xnaIPv
    May 23, 2015. 02:40 PM | Likes Like |Link to Comment
  • Einhorn's Fracking Concerns Are Nothing New - Part 2: Opportunities For Profit [View article]
    Bryce_in_TX ,

    Where do you get your insane idea, that I have "never searched for God"?

    You asked above, if I had ever "sought the presence of God". There is a difference, you know?

    I have NEVER said that I know exactly what you have experienced! So you can take that lie, (you are Christian, right?) and shove it right back up your ass where it came from.

    Sorry, but that which is infinite and eternal cannot be experienced through the five senses, your feelings, your thoughts, or your ego. The highest one can obtain while still in bodily form is when your Spirit, not your ego or your soul, merges with the Holy Spirit. In order to accomplish this, you have to know how to transcend the four barriers, that separate your Spirit from the Holy spirit. They are your body, your feelings, your thoughts, and your ego. This you do not know how to do. Your not knowing is your ignorance.

    Everything you have said about your grand experience simply reveals that it all took place within the confines of your four barriers. That said, I do not wish to take anything away from your experience. But, you clearly do not know what you are even talking about. Do you really think that the power of God is so puny, that you can stand up to it and experience it like that? YIKES! It is a very common beginner's mistake to assume that anything out of the ordinary, must be God. That is all you are doing here.

    The fact is..... You do not know for sure, that this was a God experience, and you cannot prove to another that it was. But, you choose to believe that it was, which simply means, that it's all based upon your belief, not knowledge. FYI.... NO ONE can ever KNOW God. That is a fact because, we of finite mind cannot comprehend one of infinite mind.

    The "knowing" (gnosis) comes from TRANSCENDING the mind, not using the mind. That is what you don't yet realize.

    And finally,.....That which can be described is not the TAO!

    By describing your experience, (it is the ego that is the experiencer) you have revealed, that it was NOT a God experience, because any experience of God would not be possible to describe, simply by definition.

    "It is by faith," Yes, faith and faith alone. It is not the result of knowledge. All your faith is based upon ignorance. Ignorance is not knowing. Get it?
    May 23, 2015. 02:15 PM | Likes Like |Link to Comment
  • Einhorn's Fracking Concerns Are Nothing New - Part 2: Opportunities For Profit [View article]
    dpt4,

    Do you have anything besides faith to back your assertion up?

    Evidence is that which proves whether that which you have faith in was correct, or incorrect.

    Conclusions are what are based upon reasonable evidence.

    But, your conclusions may turn out to be wrong, if conflicting evidence should arise.
    May 22, 2015. 03:48 PM | Likes Like |Link to Comment
  • Einhorn's Fracking Concerns Are Nothing New - Part 2: Opportunities For Profit [View article]
    WR,

    You are still all caught up in feelings, and what your ego experiences through the five senses of the body. If you wish to have contact to The Holy Spirit (You can't have contact to God, while in bodily form) then you will have to first accept that this contact cannot be made through either the workings of your ego, or the five senses of the body, or your feelings, or your intellect (knowledge).

    To make this contact you must know how to transcend your body, your feelings, your thoughts, and finally your ego. How do you (your ego) transcend yourself? The answer is you (your ego) simply doesn't, because it can't. Only the "Spark" can transcend the ego. When it does, it becomes one with the Holy Spirit. But, you don't know how to do this, do you.

    The reason is..... YOU DO NOT KNOW THE WAY!

    Not knowing is ignorance.

    http://bit.ly/1xnaIPv
    May 22, 2015. 03:41 PM | Likes Like |Link to Comment
  • Einhorn's Fracking Concerns Are Nothing New - Part 2: Opportunities For Profit [View article]
    Bryce_in_TX,

    Sorry, for the delay, but I have been quite busy lately, and I do not have an Internet connection at home, so to access the Internet, it is a four mile round trip on foot.

    "Have you ever sought the presence of God?" No.

    "You speak of what you assume does not exist." Nope, You are assuming that I assume God does not exist. You don't know what I am all about, as yet. Your not knowing is ignorance.

    The experience of the presence of God is not recognized as possible, while still in bodily form. What you are speaking of, is some kind of sublime, and very moving experience, that you once had, but it is the ego, that is the experiencer. The ego cannot experience God, because God is simply not an experience.

    "You speak without knowledge of what you are talking about." Nope. It is you, who speak without knowledge of what you are talking about, which is the state of ignorance.

    Yes, according to the Bible, Paul's ego had the same experience...... on the road to Damascus. Actually many people speak of such experiences. That's wonderful. But, it is only their ego's that are experiencing something, that their minds don't yet grasp. They don't know what actually happened to them, that has changed them so. They then become true believers, and their true belief is based upon their not knowing what has happened to them. Not knowing what happened to them is called ignorance.

    The problem is that you are confusing the workings of the Holy Spirit with God, himself, if even that.

    The set up is like this: First God. Then out of God emanates the Holy Spirit. Out of the Holy Spirit emanates "Sparks of the Holy Spirit", to which each all people have one given to them at birth. Around this "spark", which is really more like a link, (like an Internet link), is the ego. The ego, the experiencer, is the sense of identity, which sees itself as separate from God, The Holy Spirit, and it's own link. Instead it identifies with the three lowest levels of a person. On the next level is the intellect, where all knowledge is located. Further down are the feelings. And lastly there is the body. All human problems come from the ego's identification with the lower three levels, and are based upon the ego's natural ignorance. The Soul is NOT the same as the Spirit. The Soul is merely the receptacle for the karma, that results from the ego's incorrect identification with the lower three levels, and it's contents determine the future for it's owner, the ego.

    Evidence does NOT come with faith. It comes from knowledge.

    Evidence is the available body of facts or information indicating whether a belief or proposition is true or valid.

    Try educating yourself on what ignorance really is. It is the original sin. And, you will be suffering greatly from it, unless you have left Plato's Cave. It doesn't seem to me that you have.

    http://bit.ly/1xnaIPv
    May 22, 2015. 03:27 PM | 1 Like Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Dave,

    Six months was only pay back time for the very best of wells, back when oil was $100. Once the pay back time gets to be more than a few years, then there eventually is no pay back time, especially if oil is at $60, because of the very high decline rates.

    You are interpreting the data incorrectly. Oil companies do not actually drill wells in order to lose money, as the nay sayers commonly believe. As most shale wells are infill wells, dusters are extremely rare. The lack of positive cash flow can be attributed to the difficulties of financing ever increasing production...... back then, and just plain low oil prices, now.

    What you are really investing in with shale O&G is the future economic value of the hard assets in the ground. The promise of higher oil prices, moving up the learning curve, advances in technology, plus improvements in efficiency, and general lowering of costs, and last but maybe not least, greater fools, is what drives the stock prices upwards.

    But, the real fools are those who couldn't see all this coming, and never bothered to find out what really is going on with shale. Your overly cautious mentality will not cause you to lose money in shale, but you won't gain any either. The whole sector has been on a fire sale since mid December, but you are a bit late to the party, already.

    But, to start with, don't listen to anyone like EinHorn, Art Berman, or David Hughes as their minds have been poisoned with Peak Oil fallacies. You have to go to the company websites to get the correct information. CLR is a good place to begin. They put out the best and easiest to understand flow of information.

    But, that was not a buy recommendation. Good luck!
    May 22, 2015. 02:21 PM | 1 Like Like |Link to Comment
  • Antero Resources: Strong Defenses Against Low Natural Gas Prices [View article]
    Brian,

    All the recent noise out there is all about Peak Oil, and nothing else. As I have spent over 1000 hours researching PO, and the mentality of the people behind it, I am qualified to speak with some authority on the subject. It is just a rather loose and diverse group of people, who want to end the oil age for a number of reasons. With them, it's not merely PO, it's actually peak everything.

    I find it noteworthy, that a common characteristic of the group is Atheism, as opposed to Agnosticism. They "know" with great certainty, that there is no God, rather than be honest and just admit, that they don't really know......because NO ONE really "knows". After all, God, if there is one, is unknowable just by definition. They all have considerable anxiety about the future, because the future is unknown, and also largely uncontrollable. They desperately need a world where everything is controlled and limited, so they have created the condition of PO to satisfy that psychological need.
    May 19, 2015. 03:23 PM | Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Dave,

    Just curious, but do you happen to have ANY idea of what you are talking about?

    "One of the side effects seems to be increasing depletion or forward movement of overall production to the first 3 years. Some wells are seeing depletion of 70% in the first year alone. This hope of increased efficiency going forward is not a great investment thesis IMO."

    Depletion refers to depletion (removal of oil) of the OOIP.

    Some wells are seeing a DECLINE, not depletion, of 70% in the first year alone.

    You are mixing up two entirely different concepts here.

    In theory, increased efficiency can be gotten by having extremely high 24 hour IP's, followed by enormous decline rates, as efficiency in shale oil is based upon how quickly and cheaply an oil well can produce a very high % of the designated and targeted OOIP for that well. Back in the days of $100 oil, very good wells could pay for themselves in less than six months. Don't know why you have such a problem over oil wells that have such a front loaded pay back time. But, it sure doesn't sound like you invest in shale oil.

    Shall the blind now be leading those who can see?

    YIKES!
    May 19, 2015. 03:06 PM | 1 Like Like |Link to Comment
  • Rice Energy: Dry Utica - From Optimism To Confidence [View article]
    Richard,

    All the evidence presented suggests they are using coiled tubing. That's exactly what that kind of technology can do to basic fracking.
    May 15, 2015. 02:29 PM | Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]



    AlphaBetaWorks,

    EinHorn's presentation clearly revealed his almost total ignorance of this sector. But, as he can easily move markets, he doesn't actually even have to know anything, as long as enough people have faith in him. Good links!
    May 15, 2015. 02:25 PM | Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    dnpvd51,

    Good question. I honestly can't think of one right now. But it is usually much larger companies, that have other income sources. NBL recent buying of ROSE might be a good example of a "shale" type company, that is adequately funded.
    May 15, 2015. 02:21 PM | Likes Like |Link to Comment
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