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  • Continental Resources gains as Q1 loss is less than expected [View news story]
    Yes, as I commented in the initial new report, it's impressive accounting/bravado. What the heck, though, Continental is in survival mode, and Hamm knows it. You don't survive by being honest about your situation or options. Sometimes the best chance at survival is simply to assume that what you need to happen will happen, and act that way.
    May 7, 2015. 10:41 AM | Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Yes! There's a big difference between cost reductions that are simply due to lack of demand, and therefore reversible, and technology that actually improves the process. See my comment above.
    May 7, 2015. 10:35 AM | 1 Like Like |Link to Comment
  • InvenSense, By The Numbers [View article]
    I just published one, here:

    http://seekingalpha.co...

    You probably mean an article that is relevant to InvenSense, though. I've discussed it with editors. It will probably take a bit to put together, but definitely this month, rather than quarter. I think there are some very significant insights.
    May 7, 2015. 10:32 AM | Likes Like |Link to Comment
  • It's Time To Sell Oil: Don't Let The Decline In Inventories Fool You, Supply And Demand Remain Unbalanced [View article]
    The other takeaway of a new normal in oil prices, of course, will be that all oil is not equal. Expect to see wider spreads, for instance in WTI vs Brent. That spells trouble for Bakken producers.
    May 7, 2015. 09:45 AM | Likes Like |Link to Comment
  • It's Time To Sell Oil: Don't Let The Decline In Inventories Fool You, Supply And Demand Remain Unbalanced [View article]
    Yes, the argument here seems to be for correction and continued flat-line. As a result, I think the high risk/reward opportunity is in technology providers that can reduce production costs:

    http://seekingalpha.co...
    May 7, 2015. 09:19 AM | 1 Like Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Yes, current reports are sometimes masking just how bad things are. I think that's why this author thinks it would take a double dip back to $40 for Einhorn to be right. The math that looks right to me indicates that all that has to happen for him to profit is nothing: WTI will have to rise well above $70 or there will be a blood bath in 2016.

    The author does make some good points, though, particularly 2&4, which are mostly the same points. Technology will make incremental differences in production prices now that producers finally have incentive. See:

    http://seekingalpha.co...

    As for the others, the projections are too long-term, but the flip side is that oil bulls are flat out negligent to ignore pricing pressures from alternative energy, which is really coming into its own. We may never come close to inflation-adjusted $100 oil again for that reason alone.

    Similarly points 5-7 are misguided. Einhorn was criticizing an entire industry, so it's unreasonable to expect the same effect you would get on a single-stock powderpuff like HLF. I do agree that majors will eventually look to buy up shale acreage, but only when those producers have no choice but to sell, at a fraction of current prices. Many E&P balance sheets simply are not set up to wait this out.
    May 7, 2015. 09:09 AM | 2 Likes Like |Link to Comment
  • Update: Advanced Cell Technology Interim Results And Shelf Offerings [View article]
    For those who still think of Ocata's management as responsible, and the ever-increasing number of shares as a good investment option, compare the press releases and shelf offerings with those of this company:

    http://seekingalpha.co...
    May 7, 2015. 08:25 AM | Likes Like |Link to Comment
  • InvenSense, By The Numbers [View article]
    Yes, not nearly as bad as previous quarters, but still...
    May 6, 2015. 07:21 PM | Likes Like |Link to Comment
  • Continental Resources beats by $0.04, misses on revenue [View news story]
    Nice financial engineering! Terrible real world result. CLR investors better hope Hamm is right about oil price recovering in a BIG way, sooner rather than later. It's not like this company has the balance sheet to wait it out.
    May 6, 2015. 04:34 PM | Likes Like |Link to Comment
  • InvenSense, By The Numbers [View article]
    Barron's also got the earnings report wrong initially. SA is making a quarterly habit of it and still hasn't corrected their error.
    May 6, 2015. 01:58 PM | Likes Like |Link to Comment
  • Desalination: Addressing The Need For Clean, Fresh Water [View article]
    A very good update on the desalination market, but for most of the companies picked out, desal is a small slice of their business. That's good in that the desal market is very lumpy and unpredictable, but if and when it does take off, you'll see very little impact on say GE.

    Those who want to focus on desalination should look at Energy Recovery, which is also mentioned. It's proprietary technology is used in 90% of SWRO plants, and by most of the companies that are broken out here, including the top two, GE and Veolia. The technology has also been adapted to break into the much larger markets, such as oil & gas. See

    http://seekingalpha.co...

    and prior articles.
    May 5, 2015. 03:19 PM | 1 Like Like |Link to Comment
  • MicroVision -5.5%; $6M stock offering agreement announced [View news story]
    Dilution is never good, but I think this will only cause that if used. In other ATM facilities I've seen management controls the timing and amount of stock sales. It's good to have this option while ramping production.
    May 5, 2015. 03:13 PM | 1 Like Like |Link to Comment
  • InvenSense, By The Numbers [View article]
    Yes, being cautious turned out good for you, but I that's short-term and I think it has as much to do with broader market movement as it does with the report. I may publish a new article on that.

    In the meantime, yes, comparisons to GT Advanced are just disingenuous. See here:

    http://seekingalpha.co...

    INVN looks to be responding much as predicted to subscribers this morning, in part because of the short market dynamics, but there are plenty of other positive factors including very increased guidance, positive cash flow, etc.
    May 5, 2015. 10:35 AM | 1 Like Like |Link to Comment
  • Entries For Seeking Alpha's Contrarian Idea Contest [View article]
    Daniel,
    If you are using comments to help properly judge to what degree a thesis is contrarian, then I have one last suggestion. Authors might select Authors Picks to ease the Editors' task. Let us know.
    May 5, 2015. 10:29 AM | 1 Like Like |Link to Comment
  • Hess: Cost Cuts And Model Optimization [View article]
    Yeah, that price of the oil in the ground is a tricky one. Many don't seem to be properly accounting for the idea that which ground it's in make a big difference.
    May 4, 2015. 10:58 PM | Likes Like |Link to Comment
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