Seeking Alpha

ATrautmann

ATrautmann
Send Message
View as an RSS Feed
View ATrautmann's Comments BY TICKER:
Latest  |  Highest rated
  • Linn Energy: Something's Got To Give [View article]
    I would rather they cut sooner rather than later . It's inevitable and baked in so let's get it over with . I sold 1/2 position at $24 and took a huge bath . But have enough fresh cash to buy it back at $5 which is where Linn is headed in a hurry ! Merry Christmas
    Dec 19, 2014. 12:19 PM | Likes Like |Link to Comment
  • Calumet Specialty Products Partners LP And Anchor Drilling Fluids, The Acquisition That Will Drag Earnings Lower [View article]
    Selling down here makes no sense . The next 4 quarters will show incrimental DCF irregardless of WTI. You are throwing the baby out with the bath water . I have owned this MLP since 2006 and management is rather nimble and keeps the cash coming in the front door . Buying more in January .
    Dec 18, 2014. 02:04 PM | 1 Like Like |Link to Comment
  • Himax Technologies: Respectable Company, But Too Pricey [View article]
    Overvalued by 23% ? I was thinking more like 22% ...Merry Christmas
    Dec 17, 2014. 10:39 PM | 1 Like Like |Link to Comment
  • Why Is Plains All American Pipeline Down So Much? [View article]
    Plains has a GP. Otherwise its "blue chip" all the way with excellent management.
    Ever since Rich Kinder folded up his MLP's Plains has been taken down in the market. Now that Occidental has sold out its position in PAGP i would not be surprised to see PAGP go away. If it does PAA will move back to $60. I own both PAA and PAGP , they are both great investments for slightly different reasons . Either way they are core MLP property
    Dec 16, 2014. 05:34 PM | 2 Likes Like |Link to Comment
  • Frontline: Why The Shorts May Be Getting Nervous [View article]
    All you folks like me burned on Frontline might want to reconsider with $50 oil . I kept doubling up at $1.85 and the stock considers to soar as crude collapses . The rational is they are giant floating storage tanks . Day rates are rising too . I am only down 30% on my FRO now whereas last month I was down 70% . Just sayin
    Dec 15, 2014. 08:40 PM | Likes Like |Link to Comment
  • Linn Energy Suffers Another Blow [View article]
    tax loss selling has started in Linn. Alerian has dropped Linn from the index. Oil continues to slide and energy related junk bonds have begun to soar in yield. It's a "perfect storm" for disaster in Linn shares . Another oil loser observation folks : There is an almost bankrupt oil tanker firm named "Frontline" that I started buying into under $2 share last week. The company was left for dead months ago . It's shares are up 65% in 10 days . If Linn gives investors an accurate financial picture in its guidance in q4 which is usually its worst DCFq I will look to add more in 2015 . Imagine $5 is realitic
    Dec 15, 2014. 10:56 AM | Likes Like |Link to Comment
  • Linn Energy Suffers Another Blow [View article]
    Linn is toast ! I had limit orders buying all the way down to $10 . Big mistake . If Raymond James suspends coverage or reduces rating to sell , which is what I expect then Linn will be heading to $5 . Ouch !
    Dec 14, 2014. 11:41 AM | 8 Likes Like |Link to Comment
  • Linn Energy - Strong Cash Flow For Years [View article]
    I Assume a distribution cut of 50% and Linn still looks like an exceptional opportunity.
    I will not buy more until crude stabilizes. The market sees Linn bond debt as toxic.
    There will be lots of defaults in the E&P space . Debt is going to crush a lot of the oil patch . I expect Linn to survive 1 year . If crude rebounds to $80 then Linn will be fine. Hedging only lasts for a very defined period
    Dec 12, 2014. 11:15 AM | 1 Like Like |Link to Comment
  • Kinder Morgan: Buy The Dip, It Will Not Last [View article]
    OPEC is history . That's what killing the oil patch . Fortunately , the U.S. can rely on its own cheap oil and gas . The Canadian prices for crude are already headed to $50 and N Dakota is close behind . At $50 lots more oill is going to have to get to market or the drilling will slow immensely . I believe that's what the market is now sorting out now . What does $50 oil do for the next 10 years ? Oil pipelines and logistics firms will either benefit from more throughput or loose customers needing their services . The small debt layden MLP midstream firms will not survive . KMI will be there to pick over the bones . So will Exxon and Chevron in the E&P patch . It's all about balance sheets and access to capital ...the big guys will do just fine
    Dec 12, 2014. 12:28 AM | 1 Like Like |Link to Comment
  • Financial Guidance For 2015 Makes Kinder Morgan A 'Must Own' Energy Company [View article]
    I have a boatload of KMI warrants that were given to El Paso share holders that were worth around $2 . A lot of El Paso unit holders dumped the warrants right away . I hang onto mine and they are up about 90%. . I wonder if I should hang on since they are good until 2017 ...any thoughts . Long KMI
    Dec 9, 2014. 08:28 PM | Likes Like |Link to Comment
  • Why Is Plains All American Pipeline Down So Much? [View article]
    Pipes are 30% cheaper for crude and refined product transport . But will most likely never be built out in ND and Alberta . $65 WTI changes the economics of the whole N American energy future . Texas and the Gulf will be the focus not N Dakota or Alberta
    Dec 9, 2014. 08:28 AM | 4 Likes Like |Link to Comment
  • Linn Energy Keeps Distribution Intact, But My Confidence Is Not Fully Restored Yet [View article]
    $50 oil is more likely than $90 . I bailed on Linn finally after 3 years of angst at $26 . On to greener pastures .
    Dec 3, 2014. 10:47 PM | 1 Like Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    Expect consolidation in the offshore drillers . I stared long positions in Trans Ocean and SeaDrill . Imagine if those two merged . Be greedy when others are fearful I believe the saying goes . I agree . Happy Thanksgiving
    Nov 27, 2014. 12:36 PM | Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    Expect consolidation in the offshore world . Trans Ocean combined with SeaDrill would be compelling indeed. I started a long position Friday in both . How does the saying go ? Be greedy when others are fearful ...some guy named Buffet I think said that one ...happy thanksgiving !
    Nov 27, 2014. 12:33 PM | Likes Like |Link to Comment
  • Linn Energy And Navios Maritime Partners: 2 High-Yielders Worth Buying [View article]
    Glad I waited . LINN is under $22 and NMM is under $13 . I think I would buy LINCO anyway the yield is better and it will be $18 by Christmas . Hedge the position with DTO which I have held for 2 years now .
    Nov 17, 2014. 11:47 AM | Likes Like |Link to Comment
COMMENTS STATS
497 Comments
556 Likes