Intuitive Surgical Finds A New Opponent In The American Congress Of OB/GYN [View article]
I certainly agree. Cost is only one issue, and robotic surgery will enter far more types of procedures in the coming years than it has the potential to now exit, as it is cleared for so few at the moment. Moreover, it will not actually exit any of those fields, but only potentially get used less. Over the long term, surgery will undoubtedly continue to integrate technology, including robotic assistance.
Japan's Interest In Access To North American Natural Gas Should Further Recent Price Strength [View article]
Fracking will take a very long time in many places. There are two logistical issues to fracking that make it difficult globally:
(1) the fluid pumping that is involved in the standard fracking setup requires fluid. In the U.S., water is abundant in most places, and distribution costs of other materials are below the costs elsewhere due to cheaper energy. Also, having water near-by is good because worker's need to survive and transporting water can be expensive as it is dense stuff. For example, China has a huge amount of shale, but much of it is not located near water, creating logistical roadblocks. Other areas, like Russia, do not have this problem; and (2) the technical engineering that is involved in setting up tracking. Fracking is far more complex than traditional oil drilling. The engineering talent to set up fracking is largely contracted to frack domestically. This is very much like wanting to use that awesome contractor that is renovating your neighbor's kitchen, but you have to wait until he finishes that project as well as another one down the block.
Intuitive Surgical May Soon Face Headwinds Due To Non-Intuitive Data [View article]
Another issue that could affect medical device manufacturers going forward is that under the Affordable Care Act, there is a 2.3% excise tax on their total revenue. How that will make healthcare affordable is a whole other ball of wax.
American Capital Agency's Newest Secondary Lets Investors Bet On Kain Again [View article]
CIM is very different that AGNC. CIM buys all sorts of mortgage paper, and was primarily designed to buy non-agency RMBSs. AGNC buys only agency RMBSs. Both have some of the same risks, but the different asset types also have some very different risks. Having said all that, yes it is certainly true that agency mREITs are risky investments. Also, I believe that most investors do not understand the risks, including prepayment & reinvestment risk, as well as the risk associated with the relatively high use of leverage by agency mREITs.
Pengrowth Appears Poised To Rebound In 2013 [View article]
It is not just a question of which is cheaper. The other question us U.S. citizens must ask is to whom would we rather give our money and business. I believe that if the average American was asked whether they would rather buy oil from the Middle East, Venezuela, Russia or Canada, the vast majority would prefer to buy from Canada.
As Chimera Receives Its Final NYSE Extension, A Filing Or Buyout Better Come Soon [View article]
Well, I hadn't looked before and CIM made no press release, but I just went to the SEC website and I do see that they filed this on 3/1/2013: http://1.usa.gov/106YPRQ
I do not believe this is some new announcement, but instead a required technical filing that they made at the start of Q2, because they hadn't yet filed their 10-K (for example, they did the same thing last year on the same date). This filing, I believe, in no way deals with the NYSE listing issue...it is solely a SEC notice filing because there is no 10-K. Anyone else who reads this, please correct me if I'm wrong.
As Chimera Receives Its Final NYSE Extension, A Filing Or Buyout Better Come Soon [View article]
I am an attorney, and while my primary practice involves trust administration and related consulting, I think it is time to sue CIM and its management. If any large and long-term investors are interested in suing them, please contact me and I will happily bring the case on a contingency basis. They haven't ever returned my phone calls or emails, but they will have to answer when I depose them. And maybe, just maybe, I will be able to secure some of your losses.
American Capital Agency's Newest Secondary Lets Investors Bet On Kain Again [View article]
I did not write this title as it is and find it improper. I believe I had written the word Lets where Allows now is. This way, it should state Allows Investors To. Oh well.
You are correct. Also, I wish to add that though SD did sell a bunch of permian assets, as discussed in the article, that SD stated it "will retain all operations within the trust’s area of mutual interest and intends to meet its drilling obligation, and that any sale of SandRidge Energy’s Permian assets is not expected to have any impact on the operations and underlying assets of SandRidge Permian Trust."
Petronas Bid For LNG Shipper MISC Underscores Coming Global Demand Growth [View article]
I don't think they are down 20% since I last said they may have finally bottomed. They may have declined 20% recently, but that was after appreciating by about the same. Most bottomed last spring and appreciated over the summer, slightly. Some have revisited their lows, but that is what you would call a double or triple bottom. For example: ERF: http://yhoo.it/15kUJog BTE: http://yhoo.it/WmEHKJ
As for what interests me now...the one that did continue its decline since last spring, and at a horrific pace: PGH. That is the most interesting one to me right now because it went sub $4 this week for about a day, and it reports tomorrow. At such valuations, I am wondering if they should continue to pay out dividends or instead institute buybacks, but I do fear that an announcement like that would force out its income investor base before the value investors come on in.
Annaly's Continuing Metamorphosis [View article]
Intuitive Surgical Finds A New Opponent In The American Congress Of OB/GYN [View article]
Japan's Interest In Access To North American Natural Gas Should Further Recent Price Strength [View article]
(1) the fluid pumping that is involved in the standard fracking setup requires fluid. In the U.S., water is abundant in most places, and distribution costs of other materials are below the costs elsewhere due to cheaper energy. Also, having water near-by is good because worker's need to survive and transporting water can be expensive as it is dense stuff. For example, China has a huge amount of shale, but much of it is not located near water, creating logistical roadblocks. Other areas, like Russia, do not have this problem; and (2) the technical engineering that is involved in setting up tracking. Fracking is far more complex than traditional oil drilling. The engineering talent to set up fracking is largely contracted to frack domestically. This is very much like wanting to use that awesome contractor that is renovating your neighbor's kitchen, but you have to wait until he finishes that project as well as another one down the block.
Intuitive Surgical Finds A New Opponent In The American Congress Of OB/GYN [View article]
Intuitive Surgical May Soon Face Headwinds Due To Non-Intuitive Data [View article]
Intuitive Surgical May Soon Face Headwinds Due To Non-Intuitive Data [View article]
American Capital Agency's Newest Secondary Lets Investors Bet On Kain Again [View article]
Pengrowth Appears Poised To Rebound In 2013 [View article]
Pengrowth Appears Poised To Rebound In 2013 [View article]
As Chimera Receives Its Final NYSE Extension, A Filing Or Buyout Better Come Soon [View article]
I do not believe this is some new announcement, but instead a required technical filing that they made at the start of Q2, because they hadn't yet filed their 10-K (for example, they did the same thing last year on the same date). This filing, I believe, in no way deals with the NYSE listing issue...it is solely a SEC notice filing because there is no 10-K. Anyone else who reads this, please correct me if I'm wrong.
As Chimera Receives Its Final NYSE Extension, A Filing Or Buyout Better Come Soon [View article]
American Capital Agency's Newest Secondary Lets Investors Bet On Kain Again [View article]
SandRidge Beats Estimates, Reduces 2013 Guidance And Accelerates Mississippian Drilling [View article]
Petronas Bid For LNG Shipper MISC Underscores Coming Global Demand Growth [View article]
ERF: http://yhoo.it/15kUJog
BTE: http://yhoo.it/WmEHKJ
As for what interests me now...the one that did continue its decline since last spring, and at a horrific pace: PGH. That is the most interesting one to me right now because it went sub $4 this week for about a day, and it reports tomorrow. At such valuations, I am wondering if they should continue to pay out dividends or instead institute buybacks, but I do fear that an announcement like that would force out its income investor base before the value investors come on in.
Einhorn's Greenlight Wins Injunction Against Apple, Making A March Dividend Increase More Probable [View article]