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dnpvd51

dnpvd51
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  • What's Wrong With The mREITs? - MORL Now Yields 29.4% [View article]
    Better to just leave rates at 5% and quit playing games with them. Are we supposed to believe that the Federal Reserve is anything but a mechanism for the banks to enrich themselves.

    Best to get rid of the Federal Reserve altogether.
    Jul 29, 2015. 08:42 PM | 1 Like Like |Link to Comment
  • Bakken Update: Mega-Fracs Are The Reason U.S. Oil Production Remains High In A Low-Price Environment [View article]
    $70 is wrong because the actual number is much higher.
    Jul 29, 2015. 08:01 PM | Likes Like |Link to Comment
  • Situation Critical: Everything's Starting To Crash [View article]
    Oil is well below the cost to produce by fracking, and the money is not pouring into the crackers like last time down.

    How does this suggest $32 oil?
    Jul 29, 2015. 04:52 PM | 2 Likes Like |Link to Comment
  • Cabot Oil & Gas Stock Might Struggle, But Keep This Top Marcellus Producer On Your Watch List [View article]
    The price of this stock should have gotten hammered.

    Natural gas is more expensive to produce per BTU than coal, and yet Peabody is at $1 and the price of Cabot is in the stratosphere. And the price of natural gas has been lousy for quite some time now, at least as long as coal.

    So just based on the fact that coal companies are falling into bankruptcy makes it hard to explain how this company can possibly be solvent.
    Jul 28, 2015. 11:40 PM | Likes Like |Link to Comment
  • Microsoft: The Windows 10 Hardware Argument [View article]
    "Of course, another key benefit of getting a new PC along with a new PC OS is the “clean slate, fresh start”. Most people tend to accumulate lots of “stuff” on their PCs over time—extra applications, files, desktop icons, etc.—and the ability to start over is often one of the nicest benefits of getting a new PC."

    Isn't this a good reason to avoid a Microsoft computer?
    Jul 28, 2015. 10:23 PM | 5 Likes Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4% [View article]
    The FED has played this game of keeping interest rates too low for too long before the last two crashes.

    And they bailed out the last crash by letting the wealthy and connected steal from the People to make up for their losses.

    Now the Federal Reserve has messed things up so badly with their machinations that raising interest rates will likely lead to a crash. But this is going to end badly any way, so the the Krugman's claim that raising interest rates would be a mistake is rather dubious logic.
    Jul 28, 2015. 09:38 PM | 1 Like Like |Link to Comment
  • Cabot Oil & Gas: How To Escape The Gas-On-Gas Competition? [View article]
    The Marcellus natural gas pricing is apparently even cheaper than coal per BTU.

    So to claim that COG is not losing their butts, one has to make the claim that natural gas is cheaper to produce than coal. Obviously the coal companies are getting hammered in this market.

    The only logical conclusion is that Cabot is losing extraordinarily large sums of money and the only thing keeping these natural gas E&PS afloat is that people keeping throwing money at them.

    These NG E&Ps are drilling mass quantities of other people's money into the ground and this money will never be seen again.
    Jul 28, 2015. 09:23 PM | Likes Like |Link to Comment
  • Bakken Update: Mega-Fracs Are The Reason U.S. Oil Production Remains High In A Low-Price Environment [View article]
    It strikes me as complete nonsense to make the assumption that we can use better technology to make poorer rock less expensive to produce oil.

    The better explanation is that these companies are drilling other people's money into the ground never to be seen again.

    The massive losses are only now becoming all too obvious.
    Jul 27, 2015. 07:10 PM | 5 Likes Like |Link to Comment
  • Range Resources: Primed For Natural Gas Rebound [View article]
    If they produce more at a losing price, this means the company is worth less by producing more.
    Jul 25, 2015. 08:47 AM | Likes Like |Link to Comment
  • Why I'm Starting A Short Position In Cabot Oil & Gas [View article]
    It is funny how Cabot's supposed cash costs for producing natural gas keep dropping as the price of natural gas keeps dropping.
    Jul 24, 2015. 09:36 PM | Likes Like |Link to Comment
  • Could U.S. Shale Oil Companies Be The Next Coal Companies In Time? [View article]
    five or more years????

    Try five or more weeks more likely. When sentiment turns it can turn with a vengeance, and these guys have been riding on way overoptimistic sentiment.

    And natural gas has stayed low for so long only because oil was so high for so long. And for some very strange reason people were pouring money into natural gas investments while the market was in the cellar and way oversupplied.

    It looks the game of drilling other people's money into the ground is over.
    Jul 24, 2015. 09:29 PM | Likes Like |Link to Comment
  • Could U.S. Shale Oil Companies Be The Next Coal Companies In Time? [View article]
    Shale Natural gas most be worse for the NG E&Ps than coal is for the coal miners.

    Natural gas is more expensive than coal per BTU than coal but they go for practically the same price per BTU.

    Compared to the coal companies the NG E&Ps have much farther to drop.
    Jul 24, 2015. 09:26 PM | Likes Like |Link to Comment
  • Why I'm Starting A Short Position In Cabot Oil & Gas [View article]
    I understand that, but it is kind of silly calling a company profitable when its value is plunging due to impairments.

    And I don't believe that COG really has profits. The price has been too low in the Marcellus. There are quite a few tricks these guys can use to inflate earnings.

    They only need to raise their EUR estimates a tick to go from negative to positive earnings.

    Also, how are you calculating that COG only has 20 million dollars in cash?
    Jul 23, 2015. 01:57 PM | Likes Like |Link to Comment
  • Why I'm Starting A Short Position In Cabot Oil & Gas [View article]
    Cabot is probably the most overpriced stock in probably the most overpriced sector, sure sounds like a good short to me. And market sentiment is finally turning against the sector and for good reason.

    I don't short stocks but I might have a go here.
    Jul 23, 2015. 12:25 AM | 1 Like Like |Link to Comment
  • Why I'm Starting A Short Position In Cabot Oil & Gas [View article]
    This company may have some good property. I see that it has most of the highest producing wells in the Marcellus.

    But how is ramping up production into such a lousy market good business? And how is building wells way beyond takeaway capacity suggest a well run company? And sellng so much product at such lousy prices is really a waste of the companies resources.

    And I don't believe that this company has really ever made profits recently even though they claim such. THey recently suffered a large impairment and each quarter they go way deeper in debt. Also Marcellus prices have been so low I doubt if any companies in the Marcellus are profitable.

    THey only need to play a bit with EURs and profits can be claimed where actually there are big losses.
    Jul 23, 2015. 12:16 AM | 1 Like Like |Link to Comment
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