Seeking Alpha

Mark Bern, CFA

 
View as an RSS Feed
View Mark Bern, CFA's Comments BY TICKER:
Latest  |  Highest rated
  • Swine Flu, MERS, Ebola And Medical News Concentrator September October 18, 2014 To December 31, 2014 [View instapost]
    No options available - too bad!
    Dec 17, 2014. 11:22 AM | 2 Likes Like |Link to Comment
  • The Time To Hedge Is Now! December 2014 Update - Part II [View article]
    Dennis - Yes, thank you. Hurrying does not work well for me. I'll edit it right away!
    Dec 17, 2014. 11:10 AM | Likes Like |Link to Comment
  • The Time To Hedge Is Now! December 2014 Update - Part II [View article]
    DivyitUp - You are exactly right. This is Part II and I think that was included in Part I. If not, it is definitely emphasized in the first article of the series which I would hope everyone would read before trying to use the strategy.

    Thanks for pointing that out! I'll go back and verify the numbers again and make the edits where needed later this evening.
    Dec 16, 2014. 09:46 PM | Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    Another thought along these same lines is to look up Berkshire Hathaway annual reports and read Buffett's annual letter to stockholders. They were informative and entertaining at the same time, especially back in the 70's through the 90's. There was always something worth learning in each one and humor sprinkled in for good measure.
    Dec 16, 2014. 04:29 PM | 3 Likes Like |Link to Comment
  • The Time To Hedge Is Now! December 2014 Update - Part II [View article]
    IncomeYield - Thanks for the supportive comment. Decreasing fear and risk is exactly the idea of this strategy.
    Dec 16, 2014. 04:06 PM | Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    If what you hear is true this could be another mess needing taxpayer cleanup. And it could add some stress to financial institutions, but not so much unless they hold the junk (not likely). But the question is: could investors running for the doors to unload junk bonds and funds create a contagion that spreads to other corp bonds or equities? Not suggesting anything, just thinking in print.
    Dec 15, 2014. 10:29 PM | 5 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    jakurtz - I think I would like to know more about the maturity dates of debt tranches. $153.5 million in cash looks good until compared to the $593.3 million in LT debt. LT means anything over 1 year. SN has been burning through cash raised mainly through stock offerings until it borrowed the $569 million last year. It does look interesting but I'd want to know the terms of latest borrowing before going in too deep. Just saying...
    But on the flip side I would also want to know how much production is hedged and for how long.
    Good luck!
    Dec 15, 2014. 10:23 PM | 4 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    Still waiting patiently for CBI to bottom; I've been tempted before but am glad I waited. Great play on natgas exporting. Also looking to pick up some natgas companies when this "energy" sell off finds a level and stabilizes. It seems obvious that natgas will rise when exporting begins. Then U.S. will be competing on price with global markets to a certain extent. World prices may fall some, but U.S. prices should rise for the two to meet somewhere in the middle; higher than current U.S. prices.
    Dec 11, 2014. 04:39 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    The market is definitely not healthy! Thanks for the reminder, DG!
    Dec 10, 2014. 06:40 PM | 6 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    Maya - Condolences on your loss and for that of your friend. We speak of losses in this thread a lot, but the ones that cause the most pain are when we lose someone we love. People, unlike investments, are irreplaceable.
    Dec 10, 2014. 03:44 PM | 4 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    Here is a link for a news story about OPEC decision to continue to pump at current levels (est. 1.83 million bpd more than demand for the first half of 2015) with the goal to "combat the growth in U.S. shale oil, which needs relatively high prices to be economic..." If they continue to add to the global glut prices could continue lower for a while.

    http://yhoo.it/1z7lV9n
    Dec 10, 2014. 02:16 PM | 2 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    SHB - But that shouldn't add or subtract from the total demand, imo. It should only mean that those refined products need to come from somewhere else. The same amount of crude should still be used as demand remains the same? Locally in Iraq the price of refined products will likely rise, though.
    Dec 9, 2014. 05:59 PM | 2 Likes Like |Link to Comment
  • Swine Flu, MERS, Ebola And Medical News Concentrator September October 18, 2014 To December 31, 2014 [View instapost]
    I used to get flu shots every year and also got the flu every year. Then I stopped getting the flu shots and have rarely gotten sick from flu since. Obviously, I'm no longer a big believer in flu shots. But I also believe that we are all a little different and that some things that will work from most people won't work for some. Everything will be better for our grandchildren when doctors can identify the right treatment for someone based, not only on their symptoms but, on the genome and proteomic makeup of the individual.
    Dec 9, 2014. 03:54 PM | 4 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    More on global oil projections; EIA updated 2015 projection reducing average global demand expectation by 200,000 bbls/day and average price for WTI of $63 per bbl. That would mean prices could go lower and rebound later in the year or that prices may be leveling off and could stay there for the full year. I think it is more likely the first: lower, then rising later. Just my opinion.

    http://on.mktw.net/1z3...)
    Dec 9, 2014. 03:47 PM | 3 Likes Like |Link to Comment
  • QuickChat #276, November 27, 2014 [View instapost]
    Maya - Good news on membership, but total views per article are down about 60% on average for all articles since SA cut the links to Yahoo and others. The quality of readers seems to have improved, though.
    Dec 8, 2014. 08:53 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
4,946 Comments
13,706 Likes