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  • Bank Of America: Clearance Sale - 30% Off [View article]
    The title of this article is misleading because the book value that the author refers to includes over $75 billion in goodwill and intangible assets. Those are worthless.
    Oct 4, 2015. 03:43 PM | Likes Like |Link to Comment
  • Memorial Production Partners Can Be Bought Right Here [View article]
    George, it's October according to Forbes:

    "October is the time these banks redetermine RBL (Reserve Based Lending) borrowing bases, which establish available debt."

    I can't say specifically what will happen to each company, but the Haynes and Boone law firm said that about 80% of producers will see their credit lines cut by an average of 39%.
    Sep 30, 2015. 03:24 PM | Likes Like |Link to Comment
  • Baytex Energy - Will Its Dividend Cut Make It Viable? [View article]
    Do you they have any currency hedges in place to neutralize the movements of the USD/CAD rate for their US denominated debt?
    Sep 27, 2015. 02:05 PM | 1 Like Like |Link to Comment
  • Continental Gold Could Be A Long-Term Winner For The Patient Investor [View article]

    Sorry for the late reply. I have some catch up work to do on this stock.

    Looks like it's an issue with the environmental permit application. According to the CEO, the company "missed completion guidance for the EIA permitting".

    You can also contact the CEO and CFO directly if you have some questions. Most executives at small companies are accessible and willing to communicate with shareholders.
    Sep 24, 2015. 03:09 PM | Likes Like |Link to Comment
  • Xinyuan Real Estate: An Interview With Management [View article]
    Regarding #1, there have been dozens of Chinese companies listed on U.S. exchanges that have falsified financial information: Sino-Forest, Longtop Financial, Rino International, China-Biotics, Puda Coal, China MediaExpress, Sino Clean Energy ... Barron's even implied that Alibaba was cooking the books.

    Dozens more have gone "dark" (meaning they no longer report financials and no longer communicate with shareholders): Shengkai Innovations, Weikang Bio-Tech, ...
    Sep 23, 2015. 03:29 PM | 2 Likes Like |Link to Comment
  • 3 Thoughts As BlackBerry Earnings Approach [View article]
    Investors should celebrate if the shares are diluted by the convertible because that means that the stock price is at least $10.
    Sep 22, 2015. 03:17 PM | 3 Likes Like |Link to Comment
  • Is A New Bull Market In Uranium Upon Us? [View article]
    The safest way is Uranium Participation (URPTF) which is trading at a double-digit discount to net asset value.
    Sep 9, 2015. 12:33 AM | 1 Like Like |Link to Comment
  • Hated Russia And Gazprom A Great Value Play [View article]
    What about the debt? Is it denominated in rubles or dollars? That seems like an important piece of info that is missing.
    Sep 5, 2015. 08:40 PM | Likes Like |Link to Comment
  • Memorial Production Partners Can Be Bought Right Here [View article]
    The hedges are the best in the industry. Are you referring to counter-party risks?
    Aug 24, 2015. 10:14 AM | 1 Like Like |Link to Comment
  • Should All Upstream MLPs Suspend Distribution Payments? [View article]
    Yes, you can. I did it with PWE and CEF last year.
    Aug 23, 2015. 01:25 PM | 1 Like Like |Link to Comment
  • The Simple Math Behind Atlas Resource Partners [View article]
    And their oil production this year is 100% hedged so the price doesn't matter at all.
    Aug 20, 2015. 05:25 PM | Likes Like |Link to Comment
  • Crude Oil: The Divergence Of Rig Count, Oil Price And Production Explained [View article]
    Yes, they were. From 2008-2014, Oct and Nov were the 2 worst months for WTI crude oil. Not every year, but on average.
    Aug 18, 2015. 11:22 AM | Likes Like |Link to Comment
  • The Bottom Is In For Atlas Resource Partners [View article]
    I'd rather own ARP instead of ATLS. Get the dividends every month with ARP instead of waiting for ATLS to distribute it whenever they feel like it.

    ARP is also simpler. ATLS comes with Lightfoot Capital and Arc Logistics, which I'm not familiar with. I just mentioned ATLS in the article as an alternative.
    Aug 17, 2015. 02:22 PM | 1 Like Like |Link to Comment
  • Crude Oil: The Divergence Of Rig Count, Oil Price And Production Explained [View article]
    This is a great article. Unfortunately, due to the shoulder season, October and November are the two worst months for oil historically. Many refineries go offline during this time which reduces oil demand.
    Aug 17, 2015. 12:54 PM | Likes Like |Link to Comment
  • Buy Cameco To Profit From Uranium's Resurgence [View article]
    How many lbs of uranium does each nuclear reactor consume per year?
    Aug 16, 2015. 01:44 PM | Likes Like |Link to Comment