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Esekla  

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  • Energy Recovery: Fresh Water Is Being Taken For Granted [View article]
    Thanks for the new article, Michael. ERII can certainly use the coverage, since I now only do so for subscribers. As covered in this article,

    http://bit.ly/1za2lpQ

    I agree with you that the timing is looking better for oil & gas, and that buyout may be a possibility. You really should read the conference call transcript, though, as there are VERY important points that you've failed to mention.

    As just one minor example, there is no doubt at all about the cause of the tripled G&A expenses, and some of them are expected to spill into next quarter, as well, though they should decline. You're right, though, it's starting to look like that will be offset by a finally recovering desalination market.
    May 18, 2015. 11:39 AM | 1 Like Like |Link to Comment
  • Harold Hamm wanted scientists dismissed, dean's e-mail says [View news story]
    The quakes have not been major but are already damaging. Causation is difficult, but correlation has already been established in some areas. Correlation may be enough for a judge or jury, at which point it is property owners and governments that Hamm and others would need to be paying off. Trying to get professors dismissed was an attempt to nip that in the bud. Too late now, and the attempt is not going to help.
    May 16, 2015. 05:23 AM | Likes Like |Link to Comment
  • Harold Hamm wanted scientists dismissed, dean's e-mail says [View news story]
    Never let science get in the way of profits... except, these days, there are none... just a whole lot of debt.
    May 15, 2015. 07:03 PM | 9 Likes Like |Link to Comment
  • InvenSense, By The Numbers [View article]
    The "high-risk endeavor" in that comment was meant to apply to phone manufacturers attempting to implement their own algos, not InvenSense. I don't see Firefly as particularly high risk, it's just the next natural step of the company's execution. As I noted in more detail to subscribers yesterday, InvenSense is taking new steps to address both prongs of mobile strategy, and to expand into new markets as well.
    May 15, 2015. 01:26 PM | Likes Like |Link to Comment
  • Avon Products still a minefield [View news story]
    Yes, the maneuver was well-timed with options expiration, and what we're seeing today is simply the result of market dynamics associated with that. Nobody will be surprised to see AVP back down in the $6 range well before month end.
    May 15, 2015. 11:38 AM | Likes Like |Link to Comment
  • Camtek -13%; 4.3M-share stock offering launched [View news story]
    It's been over a year since I published my last article on the company

    http://bit.ly/1cW9Fvu

    amid a flurry of bullish articles here, and things haven't changed much since then, just as predicted. It was a wonderful short opportunity at the time, though.

    As for the current devleopment... some investors are inclined to ignore the effects of dilution. They should look to the history of, and my articles on OCAT for color on that.
    May 14, 2015. 11:47 AM | Likes Like |Link to Comment
  • Hess Corporation - Safe Investment With Huge Potential [View article]
    The most important of the many charts here are the debt and cash ones. I've had harsh words for Hess management, but I have to admit that the financial status makes the company best positioned to eventually profit from a new normal in oil. There is also good evidence Hess can operate fields better than competitors, but it was the balance sheet that kept me from shorting the company even when I had privately foreseen the downturn in oil.
    May 14, 2015. 11:41 AM | Likes Like |Link to Comment
  • Hamm: Saudi move to flood crude market could spark lifting U.S. export ban [View news story]
    Oil prices down to nothing? They've rebounded well over 20%.

    Washington may be dumb, but not politically so. With a presidential election coming up, the export ban has little chance of being lifted. This reeks of desperation from Hamm, who sold out his company's price hedges last year and has the highest debt of any major producer.

    Even if the ban was lifted, can someone point me to evidence on what effect that would have?
    May 14, 2015. 11:08 AM | 2 Likes Like |Link to Comment
  • Oil drilling could resume sooner than advertised, Susquehanna says [View news story]
    I guess Susquehanna thinks it knows the business better than management. Just last week, Hamm specifically cited $70 as the level where Continental would get back to drilling, and management is usually optimistic.
    May 13, 2015. 11:43 PM | 1 Like Like |Link to Comment
  • Google Fiber: A Crazy, But Very Possible Prediction [View article]
    A very interesting and plausible idea. Thanks for the article. I think it would be more compelling if you gave figures on Century Link's broadband coverage (households, infrastructure, etc), but I understand that a premium article is only worth so much effort.

    One thing I wonder about is whether or not a spin-off would really be necessary. I think you are failing to understand just how ripe for disruption for the U.S. telecommunications market actually is. See here for more color:

    http://bit.ly/1e236yP

    I think that it's entirely possible that Google could take the wireline business too, with eventual designs on bundling all communications together. It's a big gamble, but this is a game that isn't going to be won by the meek. Google Fi shows the interest, and the article above touches on the possibilities. Much more research would be necessary to pick winners, though. Your article is mistaken in its intro. Verizon was a formidable competitor in FTTH with FiOS before anyone else, and AT&T is not; it's a mess, actually.
    May 13, 2015. 04:17 PM | 1 Like Like |Link to Comment
  • InvenSense, By The Numbers [View article]
    InvenSense does microphones now, but it wouldn't have anything to do with the audio output. I agree on the OIS, though.

    I also note that Xiaomi has just begun selling phones through traditional stores, rather than internet sales.
    May 13, 2015. 01:48 PM | 2 Likes Like |Link to Comment
  • Continental Resources - Oil Needs To Go Much Higher Before Shares Offer Appeal [View article]
    Good article. So Continental is overvalued but can continue to hobble along with WTI at $60. I take it you agree that is based on existing development? If the current pricing environment persists, its prospects will diminish over time. If oil prices go up, so will Continental's costs, since so much of the current savings comes from squeezing service providers. The real question I have is, what are the chances of the credit lines being cut off if we see oil take a double dip as we exit the summer?
    May 13, 2015. 04:52 AM | 1 Like Like |Link to Comment
  • Ready For The Frack Counterattack? [View article]
    Ok, seems like we've already seen more than a 15% correction in prices, to go along with rig count stabilization. More importantly, in 2008 there was a simple drop in demand due to global economic uncertainty. Now the supply/demand equation has fundamentally changed.
    May 13, 2015. 04:42 AM | 1 Like Like |Link to Comment
  • Ready For The Frack Counterattack? [View article]
    Strange, my reading was different. EOG may be fine, but Continental is in a bind and will have to continue trying to subsist off what it has already developed unless and until WTI moves up another 20% or more. This is supported by Hamm's answers to Q&A in the recent conference call, as well as Casey's math. Furthermore, most of Continental's savings are from renegotiating services, so if oil did rebound its costs would go back up too.
    May 12, 2015. 10:05 AM | Likes Like |Link to Comment
  • InvenSense, By The Numbers [View article]
    First calling an A9 or SnapDragon an SoC is incorrect, those are relatively powerful and power hungry processors.

    The answers to your questions are yes, and yes. From a power usage standpoint, it wouldn't be viable at all to have the main processor always monitoring motion. Thus, even the current chips do some of what Firefly can, and the latest Android platforms actually mandate that processing like this be offloaded from the main processor.

    The numbers won't be the same, but the detailed discussions had a while back comparing InvenSense chips with the QuikLogic offerings that, AFAIK, never seem to have caught on may give useful color as well:

    http://seekingalpha.co...

    Unfortunately, the discussions are split across multiple articles, but that's as good a starting point as any.
    May 12, 2015. 09:25 AM | 1 Like Like |Link to Comment
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