Factzplz

Is Sirius XM Positioned for Government Contracts?

this will never be a global operation as its satellites only operate within the United States, and it does not have the money to add satellites for global coverage. It sounds like a great idea but will never happen.

Chesapeake Energy CEO in Questionable Compensation Deal

I represent 44,000 shares of CHK and I approve the bonus, as McClendon has earned it, hands down.

CHK is the most undervalued company I have ever invested in my 46 years in the market. The value would never exist if it were not for McClendon's vision, ethics, and determination.

Rather than criticize this transaction, quit being so lazy and research what he accomplished, and what shareholders will reap in future years. I am confident that if you do your homework you will find a jewel among the gas stocks.

CHK is great only because of McClendon.

In Defense of CNBC (Sort Of)

Excellent analysis -- I agree 100% and have been saying it for years. This writer is another CNBC shill.



On Mar 14 05:09 AM Rick the Banker wrote:

> YOU HAVE TOTALLY MISSED THE POINT
>
> It is not that CNBC were bullish on some stocks that went down it
> is that they could not be bothered to do basic research before making
> their bullish projections. They weren't and still do not question
> the statements of any of their Corporate CEO guests. They have become
> nothing more than a cheerleader but sell themselves as professional
> analysts.
>
> Both Reuters and Bloomberg are guilty of the same thing. For example
> I had a conversation with the head of Reuter Europe in January of
> 2008 and asked him why they had not covered the foolish lending in
> the sub prime market before it was too late. First he said that nobody
> knew and further it was not their business. The conversation turned
> decidedly cold when I pointed out the many analysts were highlighting
> the problem two years earlier and they simply were refused access
> to the networks. It ended when I asked where or not Reuters had an
> obligation to report actual news or just spread corporate public
> relation statements.
>
> Stewart hit my belief spot on. If the financial networks advertised
> themselves as knowledgeable financial analysts they should do serious
> analysis. If they want to advertise themselves as just another public
> relations channel for corporate messages than they can continue as
> they are.
>
> Rick the Banker

The Case for Natural Gas

CHK owns 24,000 sq. miles of land or lease rights. No other company comes close to this much oil/gas land.

CHK has 30,000 sq. miles of 3-D seismic data, which is why when 3 other oil companies failed to find gas in Haynesville, CHK found the largest gas find in the history of the US and 5th largest in the world.

CHK has its own 100,000 sq. ft. compressor building operation.

So, the debt, is not high when you factor in what it owns. CHK on that land has an exstimated 168 trillion cf of gas -- half of the current proved reserves of North America.

CHK is the most undervalued gas company -- bar none. CHK has all this land and 12 tcf of gas + $2 billion of cash, and has a market value of $10 billion. Versus XTO with a $21 billion market cap but has 1/2 the cash at $1 billion, and 11 tcf of gas, but the unproved unreserved gas is not known.

On this alone CHK is 1/4 the value that it should be at.

In time, the value will be realized.

Subprime Skeletons Are Still In The Closet

This is more of "the worst is over" hype to pretend there are no more problems. Goldman Sachs' analyst expects $700 billion more in write downs, Merideth Whitney of Oppenhiemer expects $45 billion at Citi alone. The bulk of the adjustable mortgages are coming this summer, with 1.5 million delinquent loans resetting. The worst may be over -- but maybe it is still coming. Notice how the inflation number was just 0.1% today as gasoline was down, or the April jobs number showed only 20,000 lost jobs, but Barron's analysis showed 296,000 lost jobs. The government is cooking the books -- so just wait.