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dweebster

dweebster
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  • California Resources: Activist Investors Finding More Value In Oil Explorers [View article]
    I have been amused that for a long time CRC was followed on SA by a massive 11 people, as opposed to thousands for CVX, Oxy etc. Perhaps one of them was Blackrock, ha ha. Morningstar spotted the huge disconnect between the value of CRC in terms of oil in the ground and share price. Why would I not buy a company worth $16 per share for $3-$5? As an oil and gas guy it became clear to me, looking at the map and production, that CRC will be a key player in California oil and gas for many years - unless CA environmentalists would prefer to watch as majors build giant LNG terminals, or consent to long freight trains hauling crude oil into the state - or to giant pipelines etc etc. gouging across the countryside. The land position that Oxy accumulated for CRC is awesome. With any luck at all CRC will find a few more very large oil fields; yet the conventional fields will be producing for many years at any rate. CRC is a no-brainer, which one assumes is the reason why hedge funds seem to have devolved upon that company. I'm hoping, frankly, that the company survives these prima donna fund jerks. See you round the oil patch.
    Feb 7, 2015. 10:42 AM | Likes Like |Link to Comment
  • The Great PE Multiple Expansion Of 2011-2014: Why The Market Must Eventually Crater [View article]
    Well, I suppose that if you keep predicting the same thing long enough, you'll be right someday; like that famous stopped watch that is correct twice a day. The problem with your posture is the faint aura of right-wing politics (hidden agenda, the economy would be so much better if we did nothing except cut federal spending; if we did not bail out GM yadda yadda), and that the conclusion, whatever it is, is not really actionable. Shall we all sell our portfolios to cash?
    Feb 6, 2015. 08:36 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: RadioShack Declares Bankruptcy After Years Of Losses [View article]
    So long, Radio Shack. You will not be missed. Never, ever, experienced worse staff than at Radio Shack. Bye bye. Revenge is sweet.
    Feb 6, 2015. 08:24 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: RadioShack Declares Bankruptcy After Years Of Losses [View article]
    Might it possibly be that refining margins are up due to lower feedstock costs, thus, more profitable? Politically, yeah, dumb. But, hey, ya gotta buy food for the family, kids in college, etc.
    Feb 6, 2015. 08:22 AM | Likes Like |Link to Comment
  • Kroger Looks Like A Sell [View article]
    Kroger is yet another big box grocery store pig-in-lipstick. KR is a cosmetic make-over project, copying Whole Food's look without really understanding the sea-change in approach represented by WFM, and, truthfully, other small markets. Every adulteration scandal only drives another nail in the coffin of big-business food stores, that sell so many products - biased towards the highest markups without concern for health - that quality control goes out the window. No class. Little if any concern for the welfare of the customer. Safeway had a run with investors a few years back. Put in fancy lighting and tarted up the stores. Now it is swallowed up by Albertson's/private equity. And, it deserved to be swallowed up. Nothing much had really changed at Safeway, especially the switched-off staff sadly burdened by idiotic management practices. The whole methodology of these mega-stores is to sell piles of high-margin crap to uninformed customers. Tread carefully shoppers. World be changin'.
    Feb 6, 2015. 08:13 AM | 1 Like Like |Link to Comment
  • Nokia Corporation's (NOK) CEO Rajeev Suri on Q4 2014 Results - Earnings Call Transcript [View article]
    Poor Nokia. Stock goes up on corporate good news, falls down on Euro bad news. Management might try retiring some of the shares. Eventually, Nokia will be fine, but of course it's not in the glamorous part of the phone biz anymore. So, not much press coverage. But maybe, as they say in Blazing Saddles, "no noose is good noose".
    Feb 5, 2015. 05:03 AM | 1 Like Like |Link to Comment
  • Whole Foods - Don't Ignore This Metric [View article]
    Sorry, Gary. Doesn't work for everyone for various medical reasons that I don't care to take the time to spell out for nitwits. Nice try at a simple reaction for a difficult subject, though. Fox News does the same thing for it's "audience" of sycophants.
    Feb 5, 2015. 04:57 AM | Likes Like |Link to Comment
  • Whole Foods - Don't Ignore This Metric [View article]
    Folks,
    I suppose you have all figured out that I am a shareholder of WFM, and also a customer. Something has surfaced recently that might be of interest to you all. This is the scandal in adulteration of nutritional supplements at major stores around the country. See recent NY Times. Every time this happens, the rationale for Whole Foods grows stronger. It is highly unlikely that WFM would tolerate, or deal with companies that offer adulterated products. They carefully screen vendors. The emphasis on local supply, for example of bread, vegetables etc. and other products might well tend to exclude internationally provided, adulterated products from say, China, which is a constant offender. Increasingly, adulterated, and even dangerous foods are offered to a public obsessed with "discounts". Well, cheap is not always the best way if for example you get wheat in a gluten free dietary supplement; or for example peanut residue etc etc. for one who has an allergy. Another good reason to stick with WFM, that supplies as much as possible from local, trusted sources. All the best.
    Feb 4, 2015. 10:11 AM | Likes Like |Link to Comment
  • Whole Foods - Don't Ignore This Metric [View article]
    Don't know why some of the folks think you are negative. I think you are a sharp analyst, with very good grasp of what Whole Foods is about, it's value proposition. And, good suggestions for management to take aboard. All the best.
    Feb 4, 2015. 10:03 AM | Likes Like |Link to Comment
  • Whole Foods - Don't Ignore This Metric [View article]
    Thanks, Nick. You are a player. cheers
    Feb 4, 2015. 09:59 AM | Likes Like |Link to Comment
  • Believe In The Permian [View article]
    Sure, you bet, all our problems are solved! Gas for $1.80 is here to stay, long term. Yeah, if you believe that, then you will believe that I saw Elvis at a gas station in Tucson last night, filling the tank of his RV. Again, may I remind you all "be fearful when others are greedy, be greedy when others are fearful".
    Don't look forward, tomorrow, to warming Chicago with solar energy. All the best.
    Jan 23, 2015. 11:24 AM | 2 Likes Like |Link to Comment
  • Energy stocks brace for several ugly quarters to come [View news story]
    One thing nobody seems interested in discussing with respect to this "crisis" in oil is that there exists elasticity in demand as well as supply. Takes some time, but demand will respond to cheaper supply. Longer term, they aren't making any more oil as far as I know. As for "environment", nobody appreciates that more than people who have to find oil for a living. The best strategy perhaps: use less oil by creating more efficient gas or propane cars etc. Electrical cars, of course, simply shift carbon dioxide creation away from the point of use (the car). Electrical methods lose a lot of energy in the transformation into electricity from hydrocarbons, then in transmission to the charge point. Owning a Tesla or Volt might make one feel good, but does nothing for global CO2 unless the source of energy is non CO2 creating like wind or solar - but that's hard to pull off. Using electric cars nowadays does help with local pollution however, by moving pollution to unimportant places like northern Arizona.
    cheers
    Jan 14, 2015. 11:24 AM | 3 Likes Like |Link to Comment
  • The Crash In Oil Prices Offers The Opportunity Of A Lifetime - I Beg To Differ [View article]
    No one can predict the bottom of oil price, or stock price of oil companies. If the price of the company looks attractive now, buy some now. Then, if it looks better in a few weeks, buy a bit more. Trying to find the bottom is a fruitless exercise. I can assure readers, however, that the demise of the oil business is NOT at hand. Been in the oil biz a long time. cheers
    Jan 13, 2015. 05:05 PM | 8 Likes Like |Link to Comment
  • Starbucks named a top pick at Piper Jaffray [View news story]
    The biggest innovation lately, other than the single-source bland food, has been the drive through service (first introduced, about 1994 and escalated in 2012 ), now widely available at freestanding stores. I believe that about 60% of new locations will have this service). http://aol.it/1BhCgbw
    In our town, and around the area of Northern Colorado and SE Wyoming, these drive through lanes are often very busy. This has to be a factor in improving cash flow and margins in the US by leveraging the physical plant very effectively. About the food - not a big fan of stuff flown in from California to Wyoming. Aside from what must be an awful hydrocarbon footprint, it's not exciting stuff. But, it's consistent. Kinda like the food version of Stalin's rooms. The teas are a hit, however, based on our own in-store "shareholder visits". By the way, as Starbucks old-timers, we never use the drive in. But, times change. cheers
    Dec 28, 2014. 09:14 AM | Likes Like |Link to Comment
  • The Value In Organic Sprouts [View article]
    re: "name brand organic items". If sprouts is undercutting WFM on 148 items, can you let us know how many "name brand" organic items are for sale in the two stores, typically? Thanks.
    Dec 24, 2014. 10:25 AM | Likes Like |Link to Comment
COMMENTS STATS
362 Comments
622 Likes