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Factzplz

Factzplz
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  • What's InterCloud's Fair Value? [View article]
    Joe Trader 69 sure is trying to protect his short position with idiotic statements that IBM and HP are in this business. His uninformed ramblings show he does not understand IBM, HP, or ICLD - a perfect trifecta.
    May 16, 2015. 01:14 AM | Likes Like |Link to Comment
  • Chesapeake Energy - Leverage And Poor Realizations Continue To Pose Risks [View article]
    "...while debt continues to be very high despite asset sales" and "...the debt load remains dangerously high."

    What are you talking about? Have you compared CHK to other like companies? CHK's debt is either inline or lower than competitors. And did you look at the maturities that are extended years out which makes the debt anything BUT "dangerous."

    Please do a factual analysis and then come back with a non-FOX "fair & balanced" report.
    May 12, 2015. 12:59 PM | 6 Likes Like |Link to Comment
  • $5B Write-Down By Chesapeake Spooks Investors, But Is It Much Ado About Nothing? [View article]
    To dnpvd51 - CHK did the right thing, upfront, and transparently. This is an accounting requirement - for all companies. Yes - it can have operating earnings, as those earnings come from non-accounting entry activities.

    The other companies will have to take the charges, but are delaying in the hope oil/gas will go up in price so they avoid the write off. If prices do go up then CHK reverses the accounting entry. CHK was being more honest than the other drillers.

    If you want to blow your mind as to a valuation discrepancy compare CHK's output, cash expended, net worth, etc. to XEC or COP and CHK should, based on their metrics, be at a minimum 4x higher - or they should be 75% lower.
    May 8, 2015. 11:26 PM | 3 Likes Like |Link to Comment
  • BreitBurn Energy Partners - Is The Worst Over? [View article]
    Engage brain...

    The US is the largest oil producer.
    Saudi Arabia is #2
    How fast could the US double production? or Saudi?

    Another common sense thought...
    Saudi produces 10% of the world's oil - and cannot produce more. If Saudi wants to sell oil for $50 bbl, let them. There is no reason the producers of the other 90% have to cut their price - but they have. Stupid but they do it.

    Stupider yet, the US 7th Fleet is protecting Saudi's oil exports. How about we charge Saudi for being the Sherriff. After all, the 9-11 attackers came from Saudi (not Iraq).
    May 6, 2015. 10:13 PM | 2 Likes Like |Link to Comment
  • SolarCity: One More Step Towards Energy Domination [View article]
    Florida, Oklahoma, and Arizona have either outlawed or instituted prohibitive fees for residential solar power.

    These are three of the sunniest, most logical states to benefit from solar power.

    These states also have Republican governors and legislatures who are free market, pro consumer, and environmental supporters.
    Oooops - I forgot to insert the word "not" in the previous sentence.

    Good luck Musk - 3 states down, 28 more anti-solar legislations to be signed into law.
    May 2, 2015. 12:20 PM | 4 Likes Like |Link to Comment
  • Trinity Industries Could Be A Home Run [View article]
    Off topic - to your point of DoJ "(think banks)" - as a former bank president what "bankers" did to their "customers" was unconscionable. If I had been head of DoJ I would have put 10,000 bankers in jail.

    A 20 year old black guy robs a bank by giving a teller a note and gets 20 years in jail. Lying, thieving, stealing "Bankers" fraudulently produce loan documents, bankrupting their believing customers, and creating the worst financial crisis since 1929 - they get billions in bonuses. The days of the honest, Christian, community banker that worked to improve the lives of his customers and community are long gone (think George Bailey, It' a Wonderful Life).

    I pray there is a God and Heaven - there will be few bankers to chat with for Eternity.
    May 2, 2015. 10:00 AM | 3 Likes Like |Link to Comment
  • The Chinese $2.16 Trillion Easing Impetus For GLD [View article]
    Thank YOU for the good work.

    I believe GLD is eerily similar to the 1963 Salad Oil Scandal (Google it) when the amount of salad oil (gold?) held by one company (GLD?) was more than all the salad oil in the US (GLD?) which should have sent up alarms, but not until someone opened the valve on the bottom of the tank (E.Rifer) the scam was exposed.

    What I have not figured out yet is WHEN salad-oil-gold is discovered, what happens to the price of the metal gold?

    A $28 billion fund (GLD) blows up, the investors/hedgers crash and burn - so does gold drop $400 because of all the fictitious inventory that was fake demand that evaporated, or does gold rally $400 because there is not the supply the world thought existed?

    Then you have all the hypesters (Ron Paul & Son, Stansberry), and reports talking about all the gold that China is buying by the shipload (really? shiploads?). Of course the reports of the fraudulent gold that were gold coated lead bars that China got scammed. Those reports were quickly hushed by China. How many more purchases of gold did China buy that were not solid gold bars? Does anyone believe in the honesty and integrity of/in China?

    Thank you E.Rifer for shedding light on one of the most secretive, scam probable investments. But will the whole truth ever be exposed about GLD and China?
    May 2, 2015. 09:11 AM | 1 Like Like |Link to Comment
  • The Mother Of All Margin Calls [View article]
    The currency loss/gain was 30% - but it did NOT happen in 5 minutes that would cause an instantaneous $3 trillion loss - it occurred over months. Firms, traders use stops, and corporations hedging sales eat the losses as part of risk strategy. And of course, there were $3 trillion of profits. Today I lost $100, tomorrow I make $100, so net I am even, yet my loss and gain are all part of your $3 trillion made or lost.

    Your chart is the first FRED chart I have ever seen without a header. How do we know what your chart represents or if it is even FRED produced. Photoshop is remarkable.

    And to say Gold has no counter party risk -- anybody taking bets that someday there will be an ETF that "blows up" when it's discovered the gold mysteriously disappeared?

    The chart appears to be a humungous amount - but look at the scale, and its relation to the US stock market, as one comparison, is only 1.3%. Hardly a reason to panic. Then again, for some reason, the scale is missing. Hmmmmm.
    Apr 21, 2015. 09:59 PM | Likes Like |Link to Comment
  • American Realty Capital: In Case You Forgot About The Lingering Risks [View article]
    9-1-1 - what is the problem?
    Send the police immediately to arrest these guys.
    What guys?
    The new CEO who has been on the job for one week.
    Sir, what is the crime?
    He didn't pay me a dividend.
    How much of a dividend were you supposed to get?
    I don't know, I just want some money - now!
    Sir, this is 9-1-1, please call the Psychic Hotline.
    Click.

    Not paying a dividend is NOT fraud and not a crime.

    ----------------------...
    And to the author - are absolutely certain there is no E&O insurance that will cover the cost of legal fees and losses? You could not make the claims and assertions in this article unless you knew, absolutely, there was no insurance.

    Please write another informative ARCP article showing how you know there is no E&O insurance. And, how you know there is no claw back.

    Enquiring minds want to know.

    And what happens if by the time this "goes to trial" which is usually years, and the stock price is higher than it was when "the loss" was incurred, then what? Ooooops! Sorry, your honor. Case dismissed.
    Apr 21, 2015. 06:39 PM | 11 Likes Like |Link to Comment
  • The CFPB Just Made World Acceptance A Zero [View article]
    As a former bank president/director, and prior for several years with a finance company, it has been my belief that payday, title, and similar lenders should be put out of business. They are blood suckers on the poor. Your article clearly and quite eloquently supports my view, and that of anyone with Christian values.

    A finance company like WRLD can be, as we were, very profitable without deceptive practices. Our finance company rates were 18-22%, switched to simple interest, and the Wisconsin credit insurance rule was 80% of premiums had to be paid in claims, or the following year the rate was adjusted up/down depending on the loss ratio.

    Most of these offices are in the South were the words Consumer & Protection are never used in the same sentence. Since 28 offices are in Wisconsin being totally corrupt is not a criteria for success.

    And those horrible rules that are cried about - they are common sense that we used forever ago - and had less loan losses, and higher profitability. And actually, if they had been applied to mortgage lending in 2005-2007 the financial thievery would never have occurred nor the pain of the Great Recession.

    Honest people can make money.
    Look at it this way, would you want you daughter to go to a payday or title lender? Right, I didn't think so. So why should anybody?

    And about WRLD - it will survive, be a bit more ethical, and still be profitable - unlike the 96% of shares short that will have to cover.

    Maybe there is a God.
    Apr 18, 2015. 09:55 PM | Likes Like |Link to Comment
  • China Removes Some Hot Money From Stock Market, Encourages Short Selling [View article]
    Allowing short selling of select stocks is not even remotely "encourages short selling."

    Definitely a sensational headline - but factually inaccurate.
    Plus your conclusions and interpretations read like Stansberry hype.

    I will NOT be following you.
    Apr 18, 2015. 10:00 AM | 2 Likes Like |Link to Comment
  • Chesapeake Should Cut Its CAPEX ... Again [View article]
    I am always amazed a people who have never run a company, much less one with $18 billion of (grossly understated) equity and 10,000 employees, pontificating of how to run a company. Paper does not refuse ink, and a click of a mouse publishes anything.

    If all things remain the same production will remain flat, yet CHK will end the year with 14-19 rigs, down from 64 in 2014, and 162 in 2012 - and we are to believe this is bad?

    CHK has $4 billion of cash, the largest reserves in the nation, will be cash flow neutral, and somehow it is "...proactive in the destruction of its balance sheet..." Really?

    I wish CHK would repurchase $3 billion of stock to get rid of the stock renters and whiners, and get the stock price up. Heck if CHK traded at just book value it would double. And we know how undervalued CHK's assets are, as last year it sold 3% of its NON-core land area for 50% of CHK's market value.
    Apr 14, 2015. 05:05 PM | 14 Likes Like |Link to Comment
  • Breitburn Energy Gets A White Knight, But Again Slashes Distribution Rate [View article]
    What gives you ANY inclination that BBEP is going shopping for acquisitions?

    Those two statements are akin to visiting a patient who just came out of surgery for a double leg amputations, and saying to him, "Well, it looks like you're ready to enter the Boston Marathon!"

    Shareholder, myself included, just want BBEP to sit still, get healthy, get back to its previous financial healthy condition, and just pay dividends into the sunset. Crawl, walk, walk, walk, walk... Forget running.
    Mar 30, 2015. 11:16 AM | 2 Likes Like |Link to Comment
  • Carl Icahn Using Chesapeake As A Bet On Oil Prices [View article]
    How did "...but then you're faced with possibly having to issue equity and dilute shareholders." ever cross your mind, or warrant being written?

    CHK has never diluted shareholders thru the difficult times you mentioned. If you are AT ALL familiar with CHK then you know it is BUYING BACK 10% of its shares.

    Somehow you also did not read that it has $4 billion of cash, has a low industry debt/capitalization ratio, and will be cash flow neutral in this low oil/gas pricing market. And if you look at the debt maturity schedule little is due until 2017, and that is easily rolled out another 10 years.

    You also forgot to mention CHK's amazing efficiency, that by yearend, market conditions remaining as today, production will be up 1-3%, BUT it will end 2015 with just 19 drilling rigs, versus 64 in 2014, and 162 in 2012.
    Mar 30, 2015. 10:42 AM | 9 Likes Like |Link to Comment
  • It's Time To Get Serious And Double Down On Chesapeake Energy [View article]
    Actually, prior to XOM buying XTO, CHK was by far the #1 gas producer, XOM was #4, and XTO #5. The combination of XOM & XTO put CHK in the #2 position.

    What is also missed in all this discussion is CHK's roughly 20,000 sq. miles of oil/gas leases is by far the largest reserve area in the US, but which under the SEC rule these undrilled mega regions cannot be counted in reserves.

    Then compare Cimarex Energy (XEC) to CHK...
    XEC $10 billion market cap, $4 billion net worth, same debt/capitalization ratio, nominal lease area, $500 million of cash

    CHK $9.5 billion market cap, $18 billion net worth, 29% debt/capitalization ratio, largest reserves, $4 billion of cash

    If CHK traded at XEC's valuation it would be $67 per share. Something is truly whacky with either XEC (have you read any reports on XEC's over valuation?), or CHK ridiculously low valuation
    Mar 26, 2015. 12:37 PM | 7 Likes Like |Link to Comment
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