lhuppcap

Forget $100 a Barrel - Oil Will Plummet to $30

Kudos to Mr. Schwarz for making the $30 - $50 oil call. When I first read this post I thought he was overshooting the downside. I thought $60 oil was possible at the worst.

So to those who called him a goofball and other names and stated this is the type of article that makes Seeking Alpha a low quality site; maybe you should not be allowed to make comments on here anymore and not be allowed onto the site.

As for Mathman; nice try in trying to save face.

Coal is the Next Fertilizer

I don't know what effect the Presidental candidates will have on coal stocks. I read somewhere McCain and Obama (assuming he officially becomes the democrat leader) are against coal and more for clean energy so maybe any comments they make will cause a short term blip since the demand is not just in the US.

No doubt coal stocks have had a great run. I think they can still run. The only problem I have is they have gone up alot in such a short period. GCE and WTN in Canada are 9x and 4x baggers since mid January. ANR and WLT are triples since mid January. Like any mania there has to be a short term correction ie. profit taking. I just don't want to get in and see these stocks go down 30%. I rather buy them down 30%. I have been burned too many times buying high. Of course I thought GCE in March was high after having tripled in 2 months and since March it has tripled again. But I have to believe GCE won't triple or even double again until it has a correction. It just seems too crazy now to buy into these stocks in the short term.

Ship Finance: A Fine Q1 with Good News for the Future

Here is an interesting weekly write-up from John Mauldin discussing ships and oil.

www.frontlinethoughts....

Coal is Just Amazing

GCE and WTN have already been huge multi-baggers. GCN is a 8 bagger adn WTN a 4-bagger since middle of January. I have been waiting for some profit taking to drive these stocks down a bit but it has been frustrating watching them continue to go up. I have to think these will come down in the short-term.