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  • Bakken Update: Answers To Why U.S. Oil Production Remains High While Prices Tank  [View article]
    Thanks guys, that's what I expected. Basically the currently drilled wells are marginally profitable which will continue to pressure prices>>>>...

    Dubious. Else the oil companies would have been printing money at $100 oil and this was not quite the case.
    Aug 13, 2015. 04:55 PM | Likes Like |Link to Comment
  • Bakken Update: Answers To Why U.S. Oil Production Remains High While Prices Tank  [View article]
    Intuitively this is so much nonsense.

    At high prices companies are going to have far more incentive to produce in their best spots. It would be much more profitable then when prices are lower.

    Companies would not forego production on profitable sites to spend more on more speculative ventures.
    Aug 11, 2015. 12:57 AM | 1 Like Like |Link to Comment
  • Natural Gas - Mispriced, Overlooked, And Poised To Rally  [View article]
    Very dubious claims.

    Natural gas has been at $4.50 in recent history and no NG E&P companies were making money. The E&P companies were producing debt and drilling other people's money into the ground.

    Also we basically know that $45 shale oil is not profitable and the historical ratio between NG and oil has been 10-1. And the energy ratio is 6-1

    And also NG is now priced the same as coal per BTU but coal is much cheaper to produce than NG per BTU.

    Aug 11, 2015. 12:37 AM | 2 Likes Like |Link to Comment
  • Bakken Update: Answers To Why U.S. Oil Production Remains High While Prices Tank  [View article]
    You mean you have faith in the accountants that can find ways to lower accounting costs the lower the price of oil so these companies can continue drilling other people's money into the ground.
    Aug 10, 2015. 12:12 AM | Likes Like |Link to Comment
  • Bakken Update: Answers To Why U.S. Oil Production Remains High While Prices Tank  [View article]
    not so- they would aim for all spots they can which would generate their hurdle rate of return. with a higher price, more spots, including the less rich. with a lower price they have to drop back to the richer areas.>>>>...

    Yes so production should drop since with lower price the poorer spots are no longer producing.
    Aug 10, 2015. 12:10 AM | Likes Like |Link to Comment
  • Bakken Update: Answers To Why U.S. Oil Production Remains High While Prices Tank  [View article]
    Your thesis makes no sense. These drillers would be aiming for the best spots no matter the price.
    Aug 9, 2015. 03:44 PM | 4 Likes Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    Emergency Economic Stabilization Act of 2008 was an act of Congress
    Aug 8, 2015. 01:06 AM | 1 Like Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    They did get an act of Congress for the bailouts.
    Aug 7, 2015. 10:45 PM | 1 Like Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    The people that made the decisions were not smarter than you and I.

    But they were certainly much better connected and more powerful.

    The government could have just mailed every citizen a check for ten thousand dollars or whatever if liquidity and the system freezing up were actually a problem. This proves the bailouts and such were political made by powerful people for the benefit of powerful people.
    Aug 7, 2015. 08:42 PM | 1 Like Like |Link to Comment
  • These Below $8 Stocks Are My Top Turnaround Picks For 2015  [View article]
    Goldman Sachs and BOA needed government welfare. Warren Buffet lobbied hard for government help for these companies.

    Without the political connections these companies would be history.
    Aug 7, 2015. 06:17 PM | 16 Likes Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    Mr. Cat

    I actually agree with much of your history. It suggests that the bailouts were political as the nuts and bolts of the system was still solid. Large stupid greedy institutions should have been allowed to go bankrupt, and good riddance.
    Aug 7, 2015. 05:45 PM | 1 Like Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    The banks were/are basically insolvent so of course their earnings are lousy. And if interest rates go higher, their earnings will get even lousier since they have been lending to companies with sour balance sheets.

    We should raise interest rates and we should eliminate the FED altogether. And we should have let the banks go bust that deserved to go bust. Now it is likely the banks are going to go bust again as they can't even make it with interest rates so low.

    And let's not forget housing bubble 2 set to pop.
    Aug 7, 2015. 03:44 PM | Likes Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    Whatever NIM IS?

    But we bailed out the banks. Remember? And this was not done by raising rates.
    Aug 7, 2015. 01:18 PM | 1 Like Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    Right, banks want interest rates to rise so housing prices can drop and then the banks can become insolvent again if they are not already insolvent.

    It is just plain silly to think banks want higher interest rates.
    Aug 7, 2015. 01:03 AM | Likes Like |Link to Comment
  • What's Wrong With The mREITs? - MORL Now Yields 29.4%  [View article]
    Banks do not want interest rates to rise.

    Obviously the FED is run by banks and if the banks wanted higher rates, we would have higher rates.
    Aug 7, 2015. 01:00 AM | Likes Like |Link to Comment
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