We have been one of the few discussing how low these are going, but you are a good bit off your rocker if you think that what we wrote implies we are waiting for the market makers to give us a false signal upwards. We said to wait until they "give a clear sign that they are moving higher as an industry," with the they referring to the plays, not the market makers. There is no need to get in at the bottom, but it is necessary to wait to enter once the bottom has been put in, That is something no one can argue with, especially with the present risks in the industry.
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Give me certain parameters to invest within and I say fair game. Take those away and inject tremendous uncertainty into the investing equation and you better believe I will demand some sort of stimulus to get me to invest my hard earned capital and risk it with the backdrop that the politicians have created. I am a realist, and all those going around trying to claim they are on the high ground by doing away with 'easy' money or other economic stimuli simply do not get it. They would cut off their nose to spite their face, or worse kill the patient for the moral high ground.
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Not what I was saying at all, I was using a totally different analogy than the previous poster. The economy needs some stimulus and inflation as the government and politicians have thrown too much doubt into the equation.
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
I threw out the disclaimer that personally my conviction is not real high on this, thus no position. But when you factor in Europe and what that could do to the market, who knows what will happen down the road let alone tomorrow (read : this weekend). Yes, we think it is a base to move higher, but pointing out all the possibilities. So far we have been pretty accurate in our analysis on SIRI going back a few months. It is what it is...
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Well aware of this fact and the reason we had been bullish of this stock earlier, however regional banks do tend to trade with their larger counterparts and get regulated along with their larger counterparts when the larger of the two get into trouble. That is the point to take away here.
Going to start something new and try to do it on a weekly basis. If you have a stock you want our opinion on send a message via the inbox function, our email or even twitter. We will try to cover the 5 most interesting stocks you give us, but please be sure to ask about ones with $500 million mkt caps and a decent # of shares traded (at least around the 1 million mark). Anxious to see what you all come up with!
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
That is anything but bashing. We have been bringing it to investors' attention for some time now and looking at the risk/reward there might be a better way to play the drug approval. Nothing wrong with stating that. Just the facts.
Many did not understand our interest in uranium or oil when we were interested in those in the late 90s and 2005ish. It is a fuel source used around the world, and the stocks are battered. There is a trade here and money to be made eventually. Remember it was only a half century ago that many thought we were heading for an ice age because of these pollutants (the smoke was going to prevent sunlight from warming the Earth). We have no horses in this currently, but are watching and waiting.
Investing In A Coal Rebound: 5 Stocks To Watch [View article]
Certainly not the type of demand one would like to see...having to sell cargo you already thought was spoken for at cheaper prices because you are held hostage by the fact you already shipped the stuff over there...yuck.
Playing The Rebound In Coal: 5 Stocks To Lead The Way [View article]
I'd recommend you reading more closely. The article stated we were long-term bullish short-term bearish...that has been the case for some time now. PCX was a possible trade for those with a higher risk tolerance than us as it may have put in its low with the huge drop on bankruptcy worries - but like it was stated at the time it was too risky for us to want to risk money on one of the worst coal plays in the sector.
When we bought the shares of GPOR and EVEP it was a long time ago, not the past month. Yes we have losses now on both positions, but we were up a minimum of 10% on all shares held in EVEP not long ago and roughly 35% GPOR around the same time. Now we are underwater, but it has been a horrible commodity market as of late and everyone has lost money. We could have locked in profits but are invested in these for the Utica news and that should begin trickling out this year and into next, so obviously these are long-term positions.
We attempted to switch GPOR from stock to options, but there are no LEAPs out there, so we had to leave all of our capital on the table - but we did do the LEAP play with EVEP rather than add shares.
The track record of finding intriguing sectors to invest in with outsized gains speaks for itself. Most would argue we buy extremely low to ride to nose bleed high. Uranium, Potash, Rare Earths and until recently some E&P plays.
Please don't try to muddy the water and confuse people.
Playing A Rebound In Oil And Gas: 5 Stocks To Focus On [View article]
Oh interesting. I missed this news from yesterday. Makes one wonder if the situation is that bad or if the board is making Aubrey scale down to appease the big investors...
But yes JW is one of the top minds in the field and I do appreciate his thinking on the industry as well. He tells it like it is and does not sugar coat it. From the conference calls though, EVEP has held the distribution steady lately and stated they aim to keep it at its current level moving forward...talk is cheap, but they do have a good balance sheet and did recently raise some cash after purchasing a nat gas field (poor timing).
Playing A Rebound In Oil And Gas: 5 Stocks To Focus On [View article]
I think it is fair to say that the Utica is not for sale regarding Chesapeake. I think they would keep this property along with the Eagle Ford and sell the Miss Lime first. However when one must sell to raise cash any offer on any asset must be assessed.
Regarding the nat gas situation I think the company gets wet real soon, with oil and or wet gas - and most likely oil - assets being traded for their Utica acreage or JV there.
Also, EVEP thinks $15k is a base, and they plan to monetize higher than that...I see your point, but they aim to really prove this asset is first class and CHK issues will not quench all of the demand for Utica exposure if a fire sale did occur.
Investing In A Coal Rebound: 5 Stocks To Watch [View article]
I read your article, and if the statistics are true that is interesting however the issue about China building another steel plant - that is absurd. They are already OVERCAPACITY as it is in regards to their production capacity and are telling suppliers of iron ore that they will not be needing delivery of shipments. That is real and it is out there, why they want to construct a steel mill right now is nonsense and beyond me.
One thing about your numbers though, China has only recently gotten worse. You can extrapolate data to show what you want when you want. So up 90% YoY, yes quite possible but one also has to look at what is behind that. Growth in China has only recently slowed dramatically, with some saying it could actually be flat and not what the country is actually reporting. Just look at electricity usage, which is flat - that probably indicates very little growth (think efficiencies here as plants are updated, etc.) and we know steel mills are delaying shipments of iron ore.
For those who follow the commodity sectors they know that China is doing an overhaul of nearly every commodity they produce and shutting down small producers to get the assets into the hands of big players to run more efficiently. This is the case with rare earths and guess what else on a major scale? Yes, COAL! So in both sectors we have seen mines closed to be updated as ownership changes hands and smaller mines closed altogether.
That would require more imports as there is less production within China. But how long will these imports be required as those coal mines reopen and ramp up production - plus they are opening new mines in the future (news we hear from those in the industry). The demand you speak of is not new demand created with growth, but demand to replace production lost (not in totality, but partially). Just something I thought I would point out...because those numbers are inflated. (I get that it is business the NA coal companies did not have before, but pointing out why your numbers are inflated).
Have numbers on Month over month growth in demand? Or month over month growth in total coal consumption? Those would be valuable numbers...
5 Commodity Stocks Moving On News [View article]
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
5 Commodity Stocks Moving On News [View article]
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
5 Commodity Stocks Moving On News [View article]
Many did not understand our interest in uranium or oil when we were interested in those in the late 90s and 2005ish. It is a fuel source used around the world, and the stocks are battered. There is a trade here and money to be made eventually. Remember it was only a half century ago that many thought we were heading for an ice age because of these pollutants (the smoke was going to prevent sunlight from warming the Earth). We have no horses in this currently, but are watching and waiting.
Playing A Rebound In Oil And Gas: 5 Stocks To Focus On [View article]
Investing In A Coal Rebound: 5 Stocks To Watch [View article]
Playing The Rebound In Coal: 5 Stocks To Lead The Way [View article]
When we bought the shares of GPOR and EVEP it was a long time ago, not the past month. Yes we have losses now on both positions, but we were up a minimum of 10% on all shares held in EVEP not long ago and roughly 35% GPOR around the same time. Now we are underwater, but it has been a horrible commodity market as of late and everyone has lost money. We could have locked in profits but are invested in these for the Utica news and that should begin trickling out this year and into next, so obviously these are long-term positions.
We attempted to switch GPOR from stock to options, but there are no LEAPs out there, so we had to leave all of our capital on the table - but we did do the LEAP play with EVEP rather than add shares.
The track record of finding intriguing sectors to invest in with outsized gains speaks for itself. Most would argue we buy extremely low to ride to nose bleed high. Uranium, Potash, Rare Earths and until recently some E&P plays.
Please don't try to muddy the water and confuse people.
Playing A Rebound In Oil And Gas: 5 Stocks To Focus On [View article]
But yes JW is one of the top minds in the field and I do appreciate his thinking on the industry as well. He tells it like it is and does not sugar coat it. From the conference calls though, EVEP has held the distribution steady lately and stated they aim to keep it at its current level moving forward...talk is cheap, but they do have a good balance sheet and did recently raise some cash after purchasing a nat gas field (poor timing).
Playing A Rebound In Oil And Gas: 5 Stocks To Focus On [View article]
Regarding the nat gas situation I think the company gets wet real soon, with oil and or wet gas - and most likely oil - assets being traded for their Utica acreage or JV there.
Also, EVEP thinks $15k is a base, and they plan to monetize higher than that...I see your point, but they aim to really prove this asset is first class and CHK issues will not quench all of the demand for Utica exposure if a fire sale did occur.
Investing In A Coal Rebound: 5 Stocks To Watch [View article]
One thing about your numbers though, China has only recently gotten worse. You can extrapolate data to show what you want when you want. So up 90% YoY, yes quite possible but one also has to look at what is behind that. Growth in China has only recently slowed dramatically, with some saying it could actually be flat and not what the country is actually reporting. Just look at electricity usage, which is flat - that probably indicates very little growth (think efficiencies here as plants are updated, etc.) and we know steel mills are delaying shipments of iron ore.
For those who follow the commodity sectors they know that China is doing an overhaul of nearly every commodity they produce and shutting down small producers to get the assets into the hands of big players to run more efficiently. This is the case with rare earths and guess what else on a major scale? Yes, COAL! So in both sectors we have seen mines closed to be updated as ownership changes hands and smaller mines closed altogether.
That would require more imports as there is less production within China. But how long will these imports be required as those coal mines reopen and ramp up production - plus they are opening new mines in the future (news we hear from those in the industry). The demand you speak of is not new demand created with growth, but demand to replace production lost (not in totality, but partially). Just something I thought I would point out...because those numbers are inflated. (I get that it is business the NA coal companies did not have before, but pointing out why your numbers are inflated).
Have numbers on Month over month growth in demand? Or month over month growth in total coal consumption? Those would be valuable numbers...