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  • QR Energy: Don't Buy The Hype About A Distribution Cut [View article]
    market cap of this LRTR is $25M (irrelevant)

    QRE just announced a 612:625 stock split (or similar numbers, I almost invented the 612) in order to align the stuff for a 1:1 to BBEP.
    Oct 24 04:34 PM | Likes Like |Link to Comment
  • QR Energy: Don't Buy The Hype About A Distribution Cut [View article]
    actually he is useful, when he says things like this, you know it is time to buy :)
    Oct 18 02:15 PM | Likes Like |Link to Comment
  • SandRidge Permian Trust: Distribution Is Safe; Could Return +55% Within 1 Year [View article]
    PER is separated from SD and SD creditors have no rights on PER (except the PER units that SD still owns, and that will be sold). The Court will find another administrator for the trust, and (seeing SDT and SDR - for now PER results are quite good) probably somebody different that SD can only improve the results from the trust wells.
    Oct 18 11:50 AM | Likes Like |Link to Comment
  • Tesla Motors calls out Michigan politicians [View news story]
    everyone should be allowed to sell directly. Are you in America or in a socialist Country?
    Oct 17 04:01 PM | 5 Likes Like |Link to Comment
  • Still Cautious, But Doing A Little Buying In My Income Portfolio [View article]
    you are lucky. In Europe they realized we can pay it $9 per gallon or more (1.8 Euro/liter is a common price, we have seen also more; 1 gallon = approx 4 liters)
    Oct 16 05:19 PM | 1 Like Like |Link to Comment
  • Latest Data Points On Offshore Drillers [View article]
    I'm puzzled by the move in HERO. It's pricing a bankrupt while there is no debt due until 2019. These are 2009 prices...
    Oct 14 05:09 PM | Likes Like |Link to Comment
  • Report: Saudi prepared to let oil prices stay low [View news story]
    "Until about three days ago, the absolute and total consensus in the market was the Saudis would cut" maybe on Mars, it is months that we see the oil price down. The good news (for unhedged upstream) is that there is a floor at $80.
    Oct 13 07:38 AM | Likes Like |Link to Comment
  • Chart Of The Day: The End Of QE? Not According To Break-Evens [View article]
    world population >6B and growing...
    modern money is paper (or bits) so the world "insolvent" has no meaning.
    Oct 12 12:57 PM | Likes Like |Link to Comment
  • Investors hit the bid on upstream MLPs [View news story]
    and QRE and most others are hedged...
    Oct 11 08:14 AM | Likes Like |Link to Comment
  • Midstates Petroleum: Speculative Buy With Major Upside [View article]
    What's going on Bret? Don't you think the current decline is exaggerated?
    Oct 9 02:14 PM | Likes Like |Link to Comment
  • Seadrill - There Is A Time To Sow, And A Time To Reap [View article]
    by the way in certain Countries , is used in place of . and viceversa - so it is usually better to write 2345 million (or 2'345 if you really must separate)
    Sep 23 06:41 PM | Likes Like |Link to Comment
  • Walter Energy: What The Stock And Bond Prices Are Telling Us [View article]
    yes but with russian show going on, problems in lybia, german nuclear plants being shut off, there are not many alternatives to coal. Not so much sun here in the winter...
    Sep 19 04:15 PM | Likes Like |Link to Comment
  • The Time For Caution Has Arrived [View article]
    how can you graph the iwm/spy?
    Sep 17 10:28 AM | Likes Like |Link to Comment
  • EU looks to line up billions of euros for investment [View news story]
    The countries you listed, except for Germany, Luxemburg (that's more like Cayman islands) and another insignificant one, are now back to recession or at 0. It's like you'd say Alaska and New York are doing fine so the US is fine. France Italy and Spain alone are more than 50% of the Eurozone population (and of course they need to improve their inept bureaucracy and corruption, but please don't think that Germany is not full of useless bureaucracy and there is no corruption, that would be a dream).

    And, again, the US federal government transfers money between States. A calculation has been done by economists and, should we do same as the US, the Germany should transfer each year 100-200B to the other Countries. They didn't, and, additionally they managed to exploit the Euro in order to have 200B of commercial advance (before the Euro, this was around 0), so they *suck* 200B instead of giving them away, and by the way this means 200B of less output for French Italian and Spanish industries, and this means unemployment.
    Additionally Germany managed to compress salaries, so its gain was not distributed to German people: German people got mini-jobs at 400/month and their government said it's 'cause the lazy pigs (while it has been done to be able to dump cheap gods to the piigs, like China)

    By the way remember there is no federal government in Europe, just a fake Parliament (w thousands of employees with real salaries :( ), while only the (unelected) Commission really rules. Its main feature, till now, has been to add useless bureaucracy and costs. Before the Euro and the austerity, their main damage was contained in laws for fixing the size of the beans and similar stupid things. Now we have a system that is vulnerable to shocks (that were previously dampened by the floating exchange) and that has upset people so much that we are apparently going to waste 50 years of peaceful union. Scotland, Catalogna, Veneto wants secession. There is war in Ucraina. Unemployment is at 13% (40% for young people). And with that deprecated money printing the US is at 6%.

    By the way I'm not a Krugman fan: Rudiger Dornbusch, Martin Feldstein, Dominick Salvatore, and several other well respected economists, anticipated the problems of the Euro. The UK commissioned multiple independent economic studies (you see here: ) that underscored the faults of the Euro and so they decided to keep the GBP (of course it was also a political decision, but it is supported by macro-economy and independent studies).

    That said, I believe there is really strong political support for the Euro (it seems politicians do not study macro-economy).
    Sep 15 06:48 AM | Likes Like |Link to Comment
  • EU looks to line up billions of euros for investment [View news story]
    the Euro is the problem. You can not give the same currency (and without any compensation measure) to a non uniform area, with different languages, laws, fiscal rules and administrations. Even the United States that is a quite uniform union preserve the Union with deep money transfers/grants.
    After the 2008 crisis, only the Countries with the Euro are still KO, except Germany, that had strong advantages from the Euro (if there was the Deutsche Mark, those "lazy pigs" wouldn't be able to buy all these BMW VW and Mercedes, with a debt/financing from German banks = double gain).
    Paul Krugman and several others advocated this in 2001 or before.

    As for the bitter medicine, Italy, France and Spain should exit from the Euro, so Germany will finally drink some of its great medicine.
    Sep 14 06:52 PM | Likes Like |Link to Comment