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  • Anatomy Of A Market Bubble [View article]
    I was sure there was a bubble until I saw no less than three articles about bubbles on SA today. One is from an author who is probably the best contrarian indicator on all of SA (er, except perhaps myself).

    So if there's a bubble it may have a ways to go.
    Sep 20 11:36 AM | 4 Likes Like |Link to Comment
  • Time To Buy Argent (And A 17% Yield) Before Earnings [View article]
    It's interesting to track the $/flowing barrel statistics on these stocks. Because Argent's debt is so huge relative to its equity, a 20% decline in the share price doesn't actually lower the $/BOE price much. The equity is noise compared to the debt these days.

    By contrast, a 20% decline in Eagle Energy Trust's (EGL.UN.TO) price means a 20%+ reduction in the $/BOE valuation, because the company has 0 debt and $55 million CAD net cash.
    Sep 15 11:24 PM | 1 Like Like |Link to Comment
  • Obama Outperforms Reagan On Jobs, Growth And Investing [View article]
    Actually, the highest return, by far was under the Whig party.

    Bring back the Whigs!!
    Sep 14 02:08 PM | 1 Like Like |Link to Comment
  • Obama Outperforms Reagan On Jobs, Growth And Investing [View article]
    A remarkable piece of agitprop. Forget headline unemployment and spurious job creation stats based on birth-death models. The employment ratio is what matters. Here it is under Reagan:

    http://bit.ly/X8L8lq

    And here it is under Obama:

    http://bit.ly/1qOKGVD

    You can claim this is about demographic shifts, but the reality is the graphs for the 18-55 cohort are nearly identical.

    The numbers don't lie.
    Sep 12 04:17 PM | 3 Likes Like |Link to Comment
  • BP Rated As Juicy: Ignore The Plant Explosion And Russia Noise, We'd Buy Here [View article]
    It's not just the number of accidents, it's the culture. That was clear from the big refinery fire before Macondo and is now confirmed in today's court ruling.
    Sep 4 07:06 PM | 1 Like Like |Link to Comment
  • BP Rated As Juicy: Ignore The Plant Explosion And Russia Noise, We'd Buy Here [View article]
    "We're not concerned about overnight news of an explosion at BP's Indiana plant; par for the course when you're dealing with oil."

    Correction: it's par for the course when you're dealing with BP. If you Google "BP explosion" you get about 25 million results. But if you Google "Chevron explosion" or "Conoco explosion" you only get 400,000 and 87,000, respectively. Not exactly scientific, but the 50:1 (or 280:1) ratio speaks volumes.

    Why own a company that had an abysmal safety record before the Deepwater Horizon and apparently hasn't changed its stripes much since then?
    Aug 29 02:17 AM | 5 Likes Like |Link to Comment
  • These 3 Things Will Keep Stocks Moving Higher...Which May Surprise You [View article]
    Good article. But could someone please make those tiny little charts clickable, so we can see them?
    Aug 26 03:48 PM | 4 Likes Like |Link to Comment
  • European airliners on watch as Iceland volcano begins erupting [View news story]
    or the .... Bjorkman ..... ;-)
    Aug 23 10:59 PM | 1 Like Like |Link to Comment
  • 25 Dividend Champion Investment Opportunities: Something For Every Retired Investor, Part 1 [View article]
    Yes!! Well put. This is a very important point, which I've had to argue endlessly with some very smart people. This is particularly the issue when it comes to very high dividend stocks.

    If your analysis doesn't re-invest dividends, it's not comparing a stock's return to to the market's, it's comparing the return of the stock and cash to the market-- which is a silly thing to do.
    Aug 23 10:07 AM | Likes Like |Link to Comment
  • Chipotle Mexican Grill Shorts Are Gluttons For Punishment [View article]

    "it's not a fad, without a doubt. Chipotle is here to stay."
    "Not a fad. Burritos are a basic food choice instead of burgers or other American standard fast/semi fast food. Plus, someday they'll fine tune Shophouse and expand..."

    Agreed, _Burritos_ are not a fad. But Chipotle may be. I would be very careful about presuming that the competition will just twiddle their thumbs while CMG charges premium prices. That's the mistake people made with Crocs, Krispy Kreme, et al. Carls jr., Mcd, and the other big guys will certainly make moves in this market.
    Aug 21 01:13 PM | 1 Like Like |Link to Comment
  • Chipotle Mexican Grill Shorts Are Gluttons For Punishment [View article]
    I just went to a Chipotle in Portland. The burritos are over-priced and inferior, IMO. But the reality was the line was about 40 people long. Just like I've seen in a half-dozen or so Bay Area locations.

    You do have to wonder if they won't go the way of Krispy Kreme, cupcakes and all the other latest fads. In the meantime, you can't argue with lines that sometimes go all the way out the doors. Someday, I'm sure CMG will fall. But I'm not going to bet on it.
    Aug 21 11:08 AM | 1 Like Like |Link to Comment
  • Twin Butte Energy: Actions Speak Louder Than Words [View article]
    Nice work. I think you nailed it. This is one of the very few Canadian dividend paying E&Ps that has historically covered its dividends. I would regard any recent shortfall as temporary. This company can execute
    Aug 12 04:00 PM | 3 Likes Like |Link to Comment
  • Here's The Alarming Table Kinder Morgan Doesn't Want You To See [View article]
    Anent your short position:

    http://bit.ly/1sNSK7k
    Aug 12 12:46 PM | 4 Likes Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    136 comments and nobody has mentioned Hedgeye........
    Aug 12 01:02 AM | 2 Likes Like |Link to Comment
  • More Signs A Market Bottom Is Forming [View article]
    Very funny. The S&P500 is off its all-time high by a whopping 3%! And you're talking about a bottom?

    Articles like this and talk by CNBC pundits about "the correction nearly being over" is reason to suspect the market is still over-inflated.
    Aug 6 07:21 PM | 37 Likes Like |Link to Comment
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