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  • Big Oil Under Serious Threat [View article]
    ["Stick to talking about something you actually understand."]

    I didn't make any climate science judgements, as it happens. I just note that nobody denies that CO2 is a greenhouse gas, that the levels in the atmosphere are at record highs, and that the overwhelming majority of climate scientists are of the opinion that it is very likely that human action is warming the planet.

    And you are a climate scientist?

    Consensus amongst scientist is considered science in any other field..
    May 9, 2014. 05:59 PM | 48 Likes Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    Well, actually, here we're not going again. I don't predict the demise of the euro. That would be rather silly.

    What I do instead is simply argue that it's not been a good idea. It's basically akin the gold standard in the 1930s and the sooner countries left, the sooner their economies recovered.
    Jan 2, 2014. 12:59 PM | 28 Likes Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    Let me try one more time:

    1) I'm not a climate scientist, so I DIDN'T make even a single scientific argument about climate change, I merely noted that the overwhelming majority of climate scientist seem to agree on the likelihood that climate change is real and human induced. That's all. No need to play climate scientist here.

    2) Most of us normally accept scientific consensus in most other fields..

    3) For those arguing against the near scientific consensus, they have only two avenues:
    A. either they make substantial scientific claims, but you then enter into a scientific debate. I see people doing that here ("temperatures haven't risen!" as if the scientist haven't considered that), almost certainly without having any relevant background. Why should we believe them over a near consensus existing of thousands of people who are experts and studied this all their life?

    B. If you can't argue the science, You must have some credible meta argument. For instance, I see people arguing that it's all a big scientific community conspiracy. Fine. Then I have a couple of questions for you:
    - Can they come up with even a single other scientific conspiracy?

    - What is the proof for such a phenomenal conspiracy. People usually cite some personal gain (keeping science jobs), but:

    - If you claim that thousands of scientists all over the world conspire to falsify data for private gain, why are you not open to the possibility that climate skeptics might be doing something similar? The stakes are much higher for them.

    - What is more likely, a worldwide scientific conspiracy or corporate interest conspiracy to blunt the argument. There is no single precedent of the first, whilst there are plenty for the latter (tobacco, etc.).
    May 9, 2014. 10:12 PM | 27 Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    Yea, I'm afraid there is little other explanation. If he's surprised why his article generated so much comment he just has to read the MW report, followed by the three Toro articles which show how the MW report doesn't have anything like a smoking gun, hasn't proved any fraud, and can only have been written in bad faith (the alternative is that they're incredibly incompetent, take your pick). Then you have all these other short articles which don't contain any smoking gun either (including Santos previous article), and how is all that not irritating for any NQ shareholder? None of this is rocket science and Paolo could have thought of it himself..

    But it's a great idea. I'll write an article arguing the cash in the Apple accounts might not be real (without even an inch of proof, only based on the fact that I know of another company where that happened, but hey, a guy's gotta make a living, right?), irritating a lot of people who react en mass in the comment section, then I can write another article feigning surprise at the reaction..

    So I'm also surprised. That this passed the SA editors.
    Nov 23, 2013. 07:51 AM | 26 Likes Like |Link to Comment
  • The Muddy Waters NQ Mobile Report Card [View article]
    The article should have an editors award:
    - On the ground analysis
    - Blowing apart a 'competing' view
    - Clearly presented with numerous facts and links
    - Very well written and humorous.

    But somehow I think you guys won't be too upset without one..
    Nov 11, 2013. 02:09 PM | 24 Likes Like |Link to Comment
  • Why We Are Keynesians [View article]
    If you have a degree in economics and Keynesianism is so "obviously" flawed, it should have been easy to point this flaw out. Apparently it's not, apart from some broadsides..
    Jan 24, 2014. 03:14 PM | 22 Likes Like |Link to Comment
  • Is The U.S. Bankrupt? [View article]
    Common sense is sometimes simply wrong. If you think spending is so disastrous, wait until we stop doing that, like the endless rounds of austerity in the eurozone periphery.

    And you might have missed it, but even the IMF is warning against that these days.
    Dec 20, 2013. 11:27 AM | 20 Likes Like |Link to Comment
  • NQ Mobile Paid Over $80 Million For A Copyright Violating Live Wallpaper Company? [View article]
    And now create your own SA article, using the words "seems" "appears" "might" "doubtful" "suspicious" as much as Goldbaum, who seem :) to have a sheer unbeatable track record at this..
    Apr 25, 2014. 04:01 PM | 19 Likes Like |Link to Comment
  • Why There's More Downside To Come For InterOil [View article]
    The four reports you base your conclusion that ["I've long believed that there was only a small - say, 20% - chance that PRL 15 would ever yield any economically producible gas"] are all the same echo chamber nonsense (speaking about anonymous trolls..).

    They contain geological nonsense long since dispelled after Antelope 1 proved the existence of a reef. I might put it to you that Ross Smith Energy Consultancy also initially produced these geological theories, but they waived the white flag after the Antelope1 well:

    The simple truth is that InterOil has no less than three independent appraisals:
    - GLJ the official one, for Canadian filing,
    - Knowledge Reservoir, after Antelope1
    - Gaffney Cline, after Antelope 1&2

    All three of these arrive at substantial amounts of gas. GLJ, since it contains all three of Antelope's wells, is the more complete and also the only one that's public (at least the 2009 version).

    We also know that all the well data are produced by reputable independent parties like Schlumberger and Weatherford, IOC doesn't do any of its own testing.

    You might also consider that even Gaffney Cline, before the stellar Ant3 well, arrived at 6.6Tcf P50 or a whopping 12Tcf P10.

    The fact that nobody discovered anything here before is because not that many parties actually looked, or used InterOils methods, and is otherwise completely irrelevant as InterOil did discover large finds, even a geologist hired by Barry Minkow and co argued as such years back:

    So I believe your conclusion that ["I've long believed that there was only a small - say, 20% - chance that PRL 15 would ever yield any economically producible gas"] is disingenuous at best.

    It's curious you lament violent anonymous trolls (which there are plenty on the short side), then go on to cite mostly anonymous research that has long been disproved, and completely ignore several resource assessments from independent reputable parties.
    Dec 10, 2013. 09:16 AM | 18 Likes Like |Link to Comment
  • NQ Mobile: Extremely Overhyped Even When Ignoring All Signs Of Fraud [View article]
    Goldbaum ""Research"" is simply a joke, and a very bad one. They now as much admit that their previous hit articles were wrong (and indeed they were, partners re-emerged, no crisis with the Apple platform, etc.), so onto the next line of attack.

    What do you expect from guys who write an article accusing NQ of defending itself against fraud allegations as a sign of being guilty.

    They simply throw anything they can at the company in the hope something, anything, will stick. This is thoroughly disgusting.
    Nov 26, 2013. 08:58 AM | 18 Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    ["One thing it would have been useful to include in your article is the annual estimate from the trustees of the social security system about the date when the assets in the social security fund are exhausted (yes, go to zero). From memory, from last April's reports, that date was about 2033."]

    I actually did mention this in the article..

    The trust fund is basically an accounting gimmick. The question is whether payroll tax is enough to cover social security. There is some shortfall, and that shortfall will get larger, but how serious is that problem? By the end of the 2030s, social security is topping out at 6% of GDP. The US can't pay for that in 2039 when it pays at least 4% of GDP today?? Pension age cannot be increased? Pensions cannot be mean-tested?

    This is simply silly..
    Mar 18, 2015. 12:02 PM | 17 Likes Like |Link to Comment
  • NQ Mobile: Many Suspicious Recent Acquisitions [View article]
    In the near future somebody's going to write an article titled Goldbaum's "Research" many suspicious articles...

    ["Enterprise mobile revenues increased 243% year-over-year and 90.6% sequentially to $50.3 million in the third quarter. NationSky became a Tier-1 distributor for Apple in the first quarter of this year and is currently ramping up its MDM business."]

    So they had to issue a few shares for that, terrible, terrible...

    Are you guys familiar with the concept of 'platform strategy'?
    Nov 18, 2013. 10:18 AM | 17 Likes Like |Link to Comment
  • Envy Has Got Nothing To Do With It [View article]
    ["People like Shareholders Unite think they have the moral high ground when they talk about how they care for the downtrodden, when they advocate robbing Peter to pay Paul."]

    You could start by reading the article, where did I say anything remotely resembling that?

    If you don't think that a state hasn't got anything to do with wealth creation, go to a country which has no state, see how that works out. Or read what they did in MedellĂ­n:
    Sep 6, 2014. 12:32 AM | 16 Likes Like |Link to Comment
  • NQ Mobile: The Risk Of Total Loss Is Very Real [View article]
    ["I'm sorry - I hate to pile on the short side of this one, but better some investors start to realize that the risk of total loss is becoming very real here."]

    No need to "remind" us, that risk was always there since MW's allegations. At these levels, there is also a risk of doubling, tripling your money if the audits come up clean. We just have to wait and see..
    May 19, 2014. 09:35 AM | 15 Likes Like |Link to Comment
  • What Exactly Is So Objectionable About Obamacare? [View article]
    ["What's so objectionable about Obamacare? It's another giant spike in the coffin of individual liberty."]

    So are traffic lights..
    Oct 11, 2013. 10:13 AM | 15 Likes Like |Link to Comment