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flumeride

flumeride
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  • Apple Pay Vs. Google Wallet: The Rematch [View article]
    @Tumbleweed --- read the comments. I switched when my contract was done. I'm not the only one. Apple Pay is by far the most secure option and the most user friendly. Those are 2 important factors for me.
    Feb 26, 2015. 01:54 PM | 1 Like Like |Link to Comment
  • Apple Pay Vs. Google Wallet: The Rematch [View article]
    I switched last week, from a Note 2 .... I switched in large part because of Apple Pay. I'm happy with the phone and with Apple Pay.
    Feb 26, 2015. 01:52 PM | Likes Like |Link to Comment
  • Apple Pay Vs. Google Wallet: The Rematch [View article]
    @2putt -- you're right, more and more retailers will adopt Apple pay. Some of the reluctant ones that are part of the MCX consortium will soon change their minds. It won't hold up against Apple pay. It will become a headache and I think the consortium will fall apart.

    Ease of use and security will be the key factors for consumers.

    In 4 years the number of retailers accepting Apple Pay will increase 100 fold.
    Feb 26, 2015. 05:27 AM | 2 Likes Like |Link to Comment
  • Apple Pay Vs. Google Wallet: The Rematch [View article]
    Well put Ratty.
    Feb 26, 2015. 05:10 AM | 2 Likes Like |Link to Comment
  • Oil majors failing to find reserves to counter falling output [View news story]
    This news alert makes no sense to me. As others have stated we currently have an over abundance of oil. Libya has come back online to near pre-war levels. (although that may change any day) Fracking and horizontal drilling in the US has produced massive amounts of oil. The Saudi's have not increased their production, they have just decided not to cut production and now we have more oil than anybody knows what to do with. (I know that's bad english)

    So everyone across the board is cutting back on capex for 2015 and most likely 2016. Once the weak hands are knocked out prices will begin to rise.

    There isn't a failure to find new reserves, there is no reason to find new reserves in this market.
    Feb 6, 2015. 12:37 AM | 1 Like Like |Link to Comment
  • Linn Energy says SEC closes inquiry into Berry Petroleum deal [View news story]
    You make some good points King, I never thought of it that way. I did, however, load up a couple of times during this episode.
    Feb 5, 2015. 10:08 PM | 2 Likes Like |Link to Comment
  • Linn Energy says SEC closes inquiry into Berry Petroleum deal [View news story]
    The right time would have been before the Berry deal closed at a 30% premium to the original deal. However, it is good news and now is a good time to find some bargins due to the currently depressed price of crude oil.
    Feb 5, 2015. 10:04 PM | 4 Likes Like |Link to Comment
  • SEC Closes Inquiry of LINN Energy [View article]
    Great news although some damage has been incurred, such as the hefty increase of cost for the Berry acquisition. However, Linn can now move forward and take advantage of fire sales to come during this time of cheap oil.
    Feb 5, 2015. 09:59 PM | Likes Like |Link to Comment
  • Linn Energy: The Important 'What If' Question [View article]
    It seems to me that now would be a bad time to strike.
    Feb 3, 2015. 04:17 PM | 5 Likes Like |Link to Comment
  • Spectra Energy to purchase BIG Pipeline from ConocoPhillips [View news story]
    Part of the reason to split up separate PSX from COP was to allow the two units to act independent of each other. They have no affiliation today. COP made the best deal for COP. PSXP is further removed from COP. So the question is Why PSXP?
    Jan 22, 2015. 09:11 PM | Likes Like |Link to Comment
  • What Major Changes In Ford's Management Mean [View article]
    Thank god the UAW doesn't have a lot of influence. Talk about a single interest group. Decisions should be based on the health of the company add a whole. Not just the union bosses.
    Jan 16, 2015. 05:22 PM | Likes Like |Link to Comment
  • What Major Changes In Ford's Management Mean [View article]
    As I recall it was Bill Ford of the Ford that made the decision to step down from the ceo position and to hire Mullally. That was a key move which enabled Ford to survive without declaring bankruptcy and accepting government money. I have not heard about the extended family whining about the dividend. As long as they payout ratio is under 60% I'm fine with dividend increases.
    Jan 16, 2015. 05:16 PM | 2 Likes Like |Link to Comment
  • Why I Just Loaded Up On Ford [View article]
    Bullet is one of my all time favorites! who was the bigger star? McQueen or the Mustang?
    Jan 14, 2015. 12:36 PM | 1 Like Like |Link to Comment
  • Update: Granite Wash Sale Is No Reason To Buy Linn Energy [View article]
    "Seeking Profits" ... does that mean you haven't found any profits?

    On a more serious note. It's pretty good to be able to pay off $1.9B of debt. Yes they have a lot more debt. However, there is nothing I can see that would indicate oil prices will remain depressed for 2 years. This is all controlled by the Saudis as they are the boys with massive reserves. They are just shaking out the weak hands. I believe the weak hands will be seen in Venezuela, Russia and China. With production cut backs in those areas the Saudis will lower production and watch prices rise. The global demand for petroleum products will continue to grow. So we have 6 months to 20 months for the market to cycle and we see prices back in the $85-95 range.
    Dec 17, 2014. 08:44 PM | Likes Like |Link to Comment
  • Here Is Why I Reluctantly Added To My Investment In Linn Energy [View article]
    I'm with you zig, but I think the Saudis might keep production levels high for up to one year. It's going to hit Russia, China, and Venezuela the hardest. We have to wait and see who cuts back production and how severely.There is also a chance of some production facilities being taken out in some type of military action. Facilities in Libya and Iraq could be damaged by one of many groups.
    Dec 11, 2014. 01:11 PM | Likes Like |Link to Comment
COMMENTS STATS
298 Comments
310 Likes