Seeking Alpha

Financial Insights

View as an RSS Feed
View Financial Insights' Comments BY TICKER:
Latest  |  Highest rated
  • Complying with tighter fracking regulations on federal lands will cost $253,839 per well, says EOG Resources (EOG), Wyoming and Utah, citing a study from John Dunham & Associates. That's well above the $11,833 that the Bureau of Land Management estimates, and would cost natural gas producers a total of $1.5B-$1.62B a year. [View news story]
    DSR,
    Your comment is illogical and nonsensical. You have no idea what my views are, or how I think. The added costs aren't added specifically by the regulations, and no where did I say that more money spent by the nat gas industry would lead to more lives or money saved. Tighter restriction on fracking and disposal of the chemicals used does save lives and money, so if that costs a little extra for the nat gas companies, oh well. I wish they could guarantee everything 100% without spending more money, but it is the nature of business to do the least for the most profit. That is why government is there, to protect the common good.

    No one knows what the actual costs will be, and it would be prudent to wait and see what the total bill will come out to. More than likely this is just a ploy by the nat gas industry to try and get the regulations removed. To be honest, I wouldn't care if it took $100 million per well to make sure that the fracking was safe for the community in the vicinity of each well. It is bad for everybody when greed outweighs the common good.
    Sep 10 12:51 AM | Likes Like |Link to Comment
  • Complying with tighter fracking regulations on federal lands will cost $253,839 per well, says EOG Resources (EOG), Wyoming and Utah, citing a study from John Dunham & Associates. That's well above the $11,833 that the Bureau of Land Management estimates, and would cost natural gas producers a total of $1.5B-$1.62B a year. [View news story]
    What a narrow-sighted comment dsr. These tighter regulations will save billions in future healthcare costs to the country as a whole, and will save these companies from at least some future litigation. I would put the health of citizens over company profits any day.
    Sep 9 08:25 PM | 2 Likes Like |Link to Comment
  • Genworth Financial: The Opportunity Of A Lifetime [View article]
    Hammer,

    AOCI is where companies put unrealized gains and losses on certian types of securities and pension assets. It is a form of equity. They are selling 40% interest in australia MI. I think they are selling a minority stake to lower their risk to real estate, and to build up more cash and capital. I am really busy with work and school, but I will try to write an article pertaining to the suggestions in one of your earlier posts..
    Sep 2 01:22 PM | 1 Like Like |Link to Comment
  • Buying Opportunity In Genworth - And How To Play It [View article]
    Mortgage insurance companies are all volatile. Even though a tiny percentage of Genworth's assets are tied up in mortgage insurance, the market still treats it as if its primary business is MI.

    The high debt level is from the 2007-2009 financial crisis.

    As far as knowing exactly why the stock is so volatile, I have no answers. Why is Amazon trading on air? How did PCLN stay so high for so long? How has Sears returned 80% so far YTD? The market is not a creature of sense.

    How could Australia be at the beginning of a housing bust? Low unemployment and a growing economy are never signs of a housing bust.

    Genworth is a good buy at these levels, but I think the market is topping so I would wait to buy. I think SPY will test 1300 or lower before going up further.
    Aug 30 10:27 PM | Likes Like |Link to Comment
  • More Reasons To Buy Bank Of America Shares Now [View article]
    DP,

    Great comment! Substituting "willing" with "able" would have been prudent on my part. There was no disrespect or ill will intended by the comment, and I am glad that you took it that way.
    Aug 30 03:26 PM | 1 Like Like |Link to Comment
  • More Reasons To Buy Bank Of America Shares Now [View article]
    If you read the financial statements everything is there in black and white. All derivatives and valuation processes are explained for all securities. Getting through the 150+ pages is an effort, but it is worth it if actual knowledge is your goal. People have a tendency to stigmatize things that they don't understand, especially when they aren't willing to put the effort in to understand the "thing" in question.
    Aug 30 01:56 PM | 5 Likes Like |Link to Comment
  • More Reasons To Buy Bank Of America Shares Now [View article]
    RS,

    You should use tangible book value for your P/B ratio. BAC has 80 billion or so in goodwill on the books, which skews the standard ratio. Enjoyed the article, thanks.
    Aug 30 10:18 AM | Likes Like |Link to Comment
  • The Fed Putting America In A Hole [View article]
    James,
    Thanks for the informative article!

    Any thoughts on the $1.5 trillion in bank deposits at the Fed? Historically, this number has been a small fraction of the current number. IMO if the Fed wanted banks to start lending, it would stop paying interest on deposits and/or charge a fee for all deposits over a certain threshold. Interested to hear your thoughts.
    Aug 28 01:16 PM | 1 Like Like |Link to Comment
  • Jayna Cooke, Groupon's (GRPN) top 2011 salesperson in terms of billings, is leaving the company to join Eventup, a startup backed by Groupon chairman Eric Lefkofsky. Last week, just before Groupon's brutal Q2 report, the WSJ reported the company was seeing major sales defections, due to poor morale, difficulties in meeting commission goals, and pay changes. (earlier[View news story]
    That's what happens when you have a music major trying to wear the pants. I bet he is wishing he sold to Google right now.
    Aug 21 09:25 PM | 3 Likes Like |Link to Comment
  • Wait Until BP Drops Below $30 To Buy [View article]
    I was dead wrong on the near-term price movement of BP and the rest of the stock market. Did make some money on the puts I sold though. Congratulations on everyone's foresight!
    Aug 18 03:31 PM | Likes Like |Link to Comment
  • Shortcomings Of The Shiller PE10 Ratio: Why Stocks Aren't Overpriced [View article]
    Thanks for the article and research. Excellent analysis Thomas.
    Aug 11 11:58 AM | 1 Like Like |Link to Comment
  • "We monetize on mobile," says Zillow (Z) CEO Spencer Rascoff, suggesting this as the bull case on his stock. "It's about trying to create an ad unit that is a service to a user, not a nuisance," with the result being a user of Zillow on a cell phone is 3X more likely to contact an advertising agent than a user of Zillow on a desktop. (two highly-followed firms having trouble with mobile)  [View news story]
    How much of that "contact" is accidental? I accidentally click on ads several times a day on my phone.
    Aug 5 03:17 PM | Likes Like |Link to Comment
  • Genworth Financial: The Opportunity Of A Lifetime [View article]
    Macrotrader,

    Thank you for your comments, I really appreciate all the insight that you have to offer. Genworth was in the low to mid 9s during February and March, hardly a downtrend. I wasn't invested in Genworth at the time, but once GNW dropped below the 20 MA in mid-March a smart investor would have sold.
    Aug 2 10:35 AM | Likes Like |Link to Comment
  • Genworth Recommits To Shareholders By Destroying Their Long Term Care Product [View article]
    Certain states have allowed Genworth to raise LTC rates by 13-17%. If LTC is still around when I am older, I will most definitely want to pay it up in 10 years.
    Aug 1 05:11 PM | Likes Like |Link to Comment
  • Ultra-Low Interest Rates Indicate U.S. Stocks Are Expensive [View article]
    James,

    Thank you for the informative and logical article.

    Do you have any thoughts on the effects of the aging U.S. population on future equity market growth? It seems as if the vast majority of investors think the stock market will always go up, even though the next 50 years will be nothing like thhe last 50 years in terms of population demographics, wage growth etc.

    With all the boomers retiring (taking money out of market via retirement account and pension funds), low birth rates relative to the last 50 years, and stagnant wages it seems as if the U.S. stock market is in for a period of stagnation. Any thoughts?
    Jul 26 11:46 AM | 1 Like Like |Link to Comment
COMMENTS STATS
938 Comments
821 Likes