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  • Linn Energy Debt Is Oversold: Long Senior Unsecured Because It Is Likely Below Recovery Value  [View article]
    22023171,

    The hole is dug deeper by the easy money. I wonder if the parties happily initialed the crossed out loan covenants?
    Oct 19, 2015. 09:21 PM | Likes Like |Link to Comment
  • Crude Oil Prospects  [View article]
    Syria today, Saudi Arabia tomorrow?
    Oct 19, 2015. 06:07 PM | 1 Like Like |Link to Comment
  • Crude Oil Prospects  [View article]
    BJA-2,

    Look at DUG as an option also.
    Oct 19, 2015. 05:59 PM | Likes Like |Link to Comment
  • Eight Nuveen muni CEFs to merge into two  [View news story]
    Ted626,

    Chasing yield here will be painful as yields continue to decline. Staying on the sidelines for new issuance muni bond yields to rise, A grade and above. This means the Fed has to start raising rates.
    Oct 19, 2015. 05:23 PM | Likes Like |Link to Comment
  • Oil borrowing bases cut just 2% so far, Jefferies says  [View news story]
    Sounds like DC&E CapX will be cut further and the Borrowing Base saved for Cherry Picking acquisitions, for pennies on the dollar. Put another way, obligatory only drilling to support Acquisitions.

    So who sells for pennies on the dollar? Buyer's Market!
    Oct 19, 2015. 05:17 PM | Likes Like |Link to Comment
  • Crude Oil Prospects  [View article]
    The folks in trouble are those electing to hold the Upstream. The insult to that energy is their election to buy more of the falling knife. What would those same folks have lost just holding their cash? Stop practicing mistakes folks.
    Oct 19, 2015. 03:32 PM | Likes Like |Link to Comment
  • Linn Energy Debt Is Oversold: Long Senior Unsecured Because It Is Likely Below Recovery Value  [View article]
    Where is the upside to keep this company from liquidating?
    Oct 19, 2015. 03:27 PM | 1 Like Like |Link to Comment
  • Spectra Energy to acquire Spectra Partners' stakes in two NGL pipelines  [View news story]
    This is further indication P66 and SE are fully committed to DPM.

    Long DPM.
    Oct 19, 2015. 09:41 AM | Likes Like |Link to Comment
  • Crude Oil Prospects  [View article]
    Put your cash on 6 and 8 at the crap table for a less risky bet. Maybe not bet at all to preserve your cash? A bet on oil rising above $50 in 2015 is too risky, Stay Cash!
    Oct 19, 2015. 06:35 AM | 3 Likes Like |Link to Comment
  • Oil Is Going Higher - You Should Position Yourself Now  [View article]
    This is not the time to be buying Upstream Producers, IMO. Maybe sometime in 2016 for the speculated turnaround in 2017.
    Oct 19, 2015. 05:31 AM | 1 Like Like |Link to Comment
  • Encana - Time To Buy  [View article]
    Marpv,

    I agree there are pluses. My eternal optimism as a Mom & Pop Producer. The move to Obligatory Only is the wisest practice for survival until such time the light can be seen at the end of the tunnel.

    How long is the tunnel?
    Oct 18, 2015. 02:14 PM | 1 Like Like |Link to Comment
  • Don't Buy Chesapeake Energy Just Yet  [View article]
    The Domestic Upstream is on the edge a cliff with Q4 impairments due to be disclosed. Those of us dealing with the SEC outside auditor's report know well where the cliff is and when we take the dive. The Shareholders may be the last to know, then it is too late for them. Selling is a real option now. Devastation occurs in Q4 IMO. Maybe the time to buy this beat down sector will be in 2016, when the beating is about over? Private Equity groups are already paying pennies on the dollar for scrambling Upstreamers trying to satisfy their Lenders. Again, heck with the Shareholders.

    The Mid and Downstreamers remain a Hold.
    Oct 18, 2015. 11:32 AM | Likes Like |Link to Comment
  • Weighing The Week Ahead: Can Strong Housing Data Signal 'All Clear' For The U.S. Economy?  [View article]
    Domestic Upstream may be worthy of buying in 2016? The coup de grĂ¢ce is expected Q4 with the impairment disclosures. Looking for survivors post capitulation, so in 2016. This most beat down sector may offer the best opportunity once the Q4 impairment devastation passes.

    The Mid and Downstreamers remain a Hold.
    Oct 18, 2015. 08:43 AM | Likes Like |Link to Comment
  • Encana - Time To Buy  [View article]
    745,

    Q4 may give us the WORST impairments since overproduction became a practice. Lower share prices expected in the Upstreamers. Bottom may be found in 2016?
    Oct 18, 2015. 07:13 AM | 2 Likes Like |Link to Comment
  • Nuveen Municipal Market Opportunity Fund: Safe ~6% Yield, Mostly Tax Free  [View article]
    Well said Yonakit!
    Oct 17, 2015. 02:33 PM | Likes Like |Link to Comment
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