Andresrue's Comments Andresrue's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/1075557/comments Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date http://seekingalpha.com/article/1092561/comments?source=feed#comment-13605571 13605571
http://bit.ly/URU211

http://bit.ly/NTCRvp

If the company's videos are true, then it appears that the fraudsters and crooks are the short sellers, not the company. In any event, this episode warrants an SEC investigation, because someone perpetrated a fraud here, it is just not clear who - the company or the short sellers.]]> Fri, 11 Jan 2013 16:28:17 -0500
http://bit.ly/URU211

http://bit.ly/NTCRvp

If the company's videos are true, then it appears that the fraudsters and crooks are the short sellers, not the company. In any event, this episode warrants an SEC investigation, because someone perpetrated a fraud here, it is just not clear who - the company or the short sellers.]]> Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date http://seekingalpha.com/article/1092561/comments?source=feed#comment-13305541 13305541
In any event, the company needs to provide a meaty response, and fast.]]> Fri, 04 Jan 2013 12:03:53 -0500
In any event, the company needs to provide a meaty response, and fast.]]> Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date http://seekingalpha.com/article/1092561/comments?source=feed#comment-13285521 13285521 Thu, 03 Jan 2013 20:35:56 -0500 Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date http://seekingalpha.com/article/1092561/comments?source=feed#comment-13285461 13285461
http://bit.ly/RvBrsy

Are these receipts fake? Because these are value added taxes, you can calculate the company's revenues by working backwards. In fact, the auditor confirmed the tax information, and reconciled it with the company's financials.

I don't think GEO satisfactorily addresses the tax issue. Either the receipts are fake, or they are not. I doubt a company that is a fraud would pay taxes over phantom revenue.

Something fishy here, I'm just not sure who to believe... the short sellers or the company. In any event, tomorrow we'll have a press release from the company, which should shed light on the situation. It should be interesting.]]> Thu, 03 Jan 2013 20:32:11 -0500
http://bit.ly/RvBrsy

Are these receipts fake? Because these are value added taxes, you can calculate the company's revenues by working backwards. In fact, the auditor confirmed the tax information, and reconciled it with the company's financials.

I don't think GEO satisfactorily addresses the tax issue. Either the receipts are fake, or they are not. I doubt a company that is a fraud would pay taxes over phantom revenue.

Something fishy here, I'm just not sure who to believe... the short sellers or the company. In any event, tomorrow we'll have a press release from the company, which should shed light on the situation. It should be interesting.]]> The Fed owns about half or even a majority of Treasurys across several different maturities along the yield curve. If we toss in holdings by China, Japan, and banks borrowing for free from the Fed, are there any real-money investors still holding U.S. government debt? http://seekingalpha.com/currents/post/545611?source=feed#comment-9621711 9621711 Wed, 19 Sep 2012 11:49:05 -0400 Petroleum & Resources Commits To 6% Annual Dividend: Is It A Buy? http://seekingalpha.com/article/870851/comments?source=feed#comment-9542661 9542661
In any event, closed end funds that commit themselves to fixed distributions frequently trade at a premium. The dividend yield on PEO's positions will probably be insufficient to fund PEO's own dividend. Some positions may need to be liquidated, which could result in adverse tax consequences to PEO's investors given the likely built-in gains and pass through tax treatment to investors.]]> Mon, 17 Sep 2012 12:10:47 -0400
In any event, closed end funds that commit themselves to fixed distributions frequently trade at a premium. The dividend yield on PEO's positions will probably be insufficient to fund PEO's own dividend. Some positions may need to be liquidated, which could result in adverse tax consequences to PEO's investors given the likely built-in gains and pass through tax treatment to investors.]]> QE3: Ineffective Parachute for Fiscal Cliff http://seekingalpha.com/article/868761/comments?source=feed#comment-9475221 9475221 Fri, 14 Sep 2012 19:48:30 -0400 There's No Longer A Bernanke Put http://seekingalpha.com/article/867361/comments?source=feed#comment-9474391 9474391 Fri, 14 Sep 2012 19:12:24 -0400 More on Consumer Sentiment: Importantly, according to the report authors, the large gain was evenly split between the first and second halves of the month, suggesting continued gains into September. Panic hits the bond pits thanks to a combination of a Fed adding stimulus to an economy maybe not needing it. The long bond yield +13 bps to 3.06%. TLT -2.6%. http://seekingalpha.com/currents/post/539551?source=feed#comment-9454971 9454971 Fri, 14 Sep 2012 12:09:56 -0400 Monster Energy - The Momo Train Is Letting Off Passengers, Time To Short http://seekingalpha.com/article/865821/comments?source=feed#comment-9423951 9423951 Thu, 13 Sep 2012 17:31:18 -0400 Seriously, Can Hewlett-Packard Be This Cheap? http://seekingalpha.com/article/854761/comments?source=feed#comment-9227591 9227591 Sat, 08 Sep 2012 14:19:08 -0400 Seriously, Can Hewlett-Packard Be This Cheap? http://seekingalpha.com/article/854761/comments?source=feed#comment-9226821 9226821 Sat, 08 Sep 2012 13:44:08 -0400 Is The Outlook For YPF Growing More Positive? (Part 1) http://seekingalpha.com/article/854711/comments?source=feed#comment-9221471 9221471 Sat, 08 Sep 2012 10:49:03 -0400 Market Euphoria Continues As We Get Ready To Jump Off The Fiscal Cliff http://seekingalpha.com/article/852831/comments?source=feed#comment-9210791 9210791
If the Fed wants you to go long equities, you should go long. End of story. You don't want to end up a statistic - just another short seller who loses his shirt fighting the Fed.]]> Fri, 07 Sep 2012 20:12:06 -0400
If the Fed wants you to go long equities, you should go long. End of story. You don't want to end up a statistic - just another short seller who loses his shirt fighting the Fed.]]> Market Euphoria Continues As We Get Ready To Jump Off The Fiscal Cliff http://seekingalpha.com/article/852831/comments?source=feed#comment-9210621 9210621 Fri, 07 Sep 2012 20:04:18 -0400 Nokia (NOK -8.1%) dives as it unveils the Lumia 920 at an NYC event. As expected, the Windows Phone 8-based 920 has a 4.5" display, supports wireless charging, and (perhaps critically) contains a PureView camera less impressive than the one in the Symbian-based 808. Also included is an augmented reality app called City Lens. Will this be enough for Nokia to gain significant ground against the iPhone 5 and Samsung's high-end lineup? (live blog) http://seekingalpha.com/currents/post/522771?source=feed#comment-9116941 9116941 Wed, 05 Sep 2012 15:08:37 -0400 Zagg: 10 Times Earnings And The Shorts Are Sill Not Covering http://seekingalpha.com/article/843511/comments?source=feed#comment-9056731 9056731 Mon, 03 Sep 2012 16:54:29 -0400 Technician Louise Yamada urges clients to keep stops tight as she watches equities with growing unease. "You could call it a vacuum rally," she says, characterized by short-covering, low volume, and deteriorating new highs vs. new lows. The lagging Transport Index (IYT) has her attention as well, but following this indicator kept some out of the big summer rally. http://seekingalpha.com/currents/post/519081?source=feed#comment-9056241 9056241 Mon, 03 Sep 2012 16:31:30 -0400 QE3: No Details, But The Market Likes It Anyway http://seekingalpha.com/article/841701/comments?source=feed#comment-9033921 9033921 Sun, 02 Sep 2012 19:21:43 -0400 ECB Meeting: What To Expect And How To Position http://seekingalpha.com/article/841331/comments?source=feed#comment-9010441 9010441 Sat, 01 Sep 2012 12:56:41 -0400 Bernanke Doubles Down On Fed Put http://seekingalpha.com/article/840541/comments?source=feed#comment-9010101 9010101 Sat, 01 Sep 2012 12:38:07 -0400 ECB Meeting: What To Expect And How To Position http://seekingalpha.com/article/841331/comments?source=feed#comment-9008151 9008151 Sat, 01 Sep 2012 11:13:30 -0400 Bernanke Doubles Down On Fed Put http://seekingalpha.com/article/840541/comments?source=feed#comment-8986571 8986571 Fri, 31 Aug 2012 13:35:02 -0400 Revamping Your Bond Portfolio With A Simple Momentum Strategy http://seekingalpha.com/article/840031/comments?source=feed#comment-8979971 8979971 Fri, 31 Aug 2012 10:53:50 -0400 Long-Term Treasury ETFs: Ultimate QE3 Play? http://seekingalpha.com/article/838761/comments?source=feed#comment-8964671 8964671 Thu, 30 Aug 2012 21:00:24 -0400 Long-Term Treasury ETFs: Ultimate QE3 Play? http://seekingalpha.com/article/838761/comments?source=feed#comment-8963911 8963911 Thu, 30 Aug 2012 20:30:24 -0400 Vale: Don't Miss This Buy Opportunity http://seekingalpha.com/article/835361/comments?source=feed#comment-8900361 8900361 Wed, 29 Aug 2012 11:55:09 -0400 Good Dividend Payer BreitBurn Energy Partners Brightens Its Future With New Oil Asset Purchases http://seekingalpha.com/article/828141/comments?source=feed#comment-8795061 8795061 Sun, 26 Aug 2012 14:49:20 -0400 Good Dividend Payer BreitBurn Energy Partners Brightens Its Future With New Oil Asset Purchases http://seekingalpha.com/article/828141/comments?source=feed#comment-8794981 8794981 Sun, 26 Aug 2012 14:41:42 -0400 Treasurys extend a big 2-day rally following the FOMC minutes, the 10-year yield off 8 basis points to 1.71% (after nearing 1.9% yesterday). If the Fed is truly going to launch QE3, bond bulls (and bears) should take note because past QE episodes have sent Treasury prices lower. http://seekingalpha.com/currents/post/501861?source=feed#comment-8679191 8679191 Wed, 22 Aug 2012 23:04:47 -0400