MashieNiblick's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/2514161/comments http://seekingalpha.com/article/1445941/comments?source=feed#comment-19032491 19032491
Can anyone explain the highly erratic dividends on SCCO? I haven't been following it long enough to figure this out, but the $2.75 paid in November really distorts my calculations.

Anybody know what's going on there?]]> Mon, 20 May 2013 12:42:12 -0400
Can anyone explain the highly erratic dividends on SCCO? I haven't been following it long enough to figure this out, but the $2.75 paid in November really distorts my calculations.

Anybody know what's going on there?]]> http://seekingalpha.com/article/1098011/comments?source=feed#comment-13462461 13462461 Tue, 08 Jan 2013 18:36:25 -0500 http://seekingalpha.com/article/1095681/comments?source=feed#comment-13323521 13323521
My knee-jerk reaction is to say, "Whoa, he's absolutely right, I'll sell tomorrow". Then I remember the rules of investing, and that I must always at least consider arguing that we're not really dealing with an investment here, simply a trading vehicle. As such, a rational analysis of the true value is less relevant financially than a qualitative analysis of the markets, the sector and the stock.

So, if the markets are off to a bang for 2013, as they are, and the stock is up 25+% since the beginning of Q4 2012, which it is ... naah. Makes me feel dirty just thinking about it (aggravated by the nature of the business itself).

By comparison I'll mention CHK, which had infinitely more supporters and believers than SWSH. When the weaknesses in its business plan and the questionable activities of its chairman were revealed in early 2012 the stock took a dive. There was considerable discourse over whether shady dealings meant that one should exit the stock, or whether it was a great opportunity to buy at distressed prices.

I sold my CHK stock then and never looked back, and will do the same with SWSH. I like to make money, but I like to sleep well at night and feel good about myself, too. ]]> Fri, 04 Jan 2013 18:34:56 -0500
My knee-jerk reaction is to say, "Whoa, he's absolutely right, I'll sell tomorrow". Then I remember the rules of investing, and that I must always at least consider arguing that we're not really dealing with an investment here, simply a trading vehicle. As such, a rational analysis of the true value is less relevant financially than a qualitative analysis of the markets, the sector and the stock.

So, if the markets are off to a bang for 2013, as they are, and the stock is up 25+% since the beginning of Q4 2012, which it is ... naah. Makes me feel dirty just thinking about it (aggravated by the nature of the business itself).

By comparison I'll mention CHK, which had infinitely more supporters and believers than SWSH. When the weaknesses in its business plan and the questionable activities of its chairman were revealed in early 2012 the stock took a dive. There was considerable discourse over whether shady dealings meant that one should exit the stock, or whether it was a great opportunity to buy at distressed prices.

I sold my CHK stock then and never looked back, and will do the same with SWSH. I like to make money, but I like to sleep well at night and feel good about myself, too. ]]> http://seekingalpha.com/article/1080661/comments?source=feed#comment-13038771 13038771
I do wonder where the SEC is. I submitted my complaint to them a few days after getting the first email. True, a government organization will never move quickly, especially over the holidays, but shouldn't they have the capacity to freeze trading pending an investigation? No one could have any doubt that this is a pump-and-dump, yet the stock continues to trade every day.

And what about the stock exchanges where it's available? Are they blind to the situation or do they have such strict laissez-faire policies that they don't mess with things like this?

Clearly I don't understand how a system as regulated and policed as the public markets can let something like this go on. I do know that anything we can do to expose the people involved is a good thing, whether it's the attorneys, the spammers or especially the USGT principals. It's far more than anyone else is doing.]]> Thu, 27 Dec 2012 16:02:50 -0500
I do wonder where the SEC is. I submitted my complaint to them a few days after getting the first email. True, a government organization will never move quickly, especially over the holidays, but shouldn't they have the capacity to freeze trading pending an investigation? No one could have any doubt that this is a pump-and-dump, yet the stock continues to trade every day.

And what about the stock exchanges where it's available? Are they blind to the situation or do they have such strict laissez-faire policies that they don't mess with things like this?

Clearly I don't understand how a system as regulated and policed as the public markets can let something like this go on. I do know that anything we can do to expose the people involved is a good thing, whether it's the attorneys, the spammers or especially the USGT principals. It's far more than anyone else is doing.]]> http://seekingalpha.com/article/1041821/comments?source=feed#comment-12692491 12692491 Mon, 17 Dec 2012 13:03:30 -0500 http://seekingalpha.com/article/1055451/comments?source=feed#comment-12575051 12575051
And Dr. Jan, with all due respect, G&A is so common in financial circles that it rarely needs explaining. In those cases where I stumble across an acronym that I don't know, I just look it up.]]> Thu, 13 Dec 2012 15:30:32 -0500
And Dr. Jan, with all due respect, G&A is so common in financial circles that it rarely needs explaining. In those cases where I stumble across an acronym that I don't know, I just look it up.]]> http://seekingalpha.com/article/1055451/comments?source=feed#comment-12500601 12500601 Tue, 11 Dec 2012 19:01:22 -0500 http://seekingalpha.com/currents/post/666341?source=feed#comment-11615081 11615081
Consensus is building that it's a combination of three significant factors: 1) Germany's weakening economy threatens all of Europe's solvency, 2) the election confirms that we'll spend the next four years minmizing our chances of economic recovery from this most-anti business administration, and 3) less than thrilling earnings reports. Germany and the earnings take out tech, earnings and the negative tax implications disrupt MLPs and REITs.

There will be pops when there is consensus on how to raise taxes ("if" was decided November 6th), and particularly if there's any agreement on managing entitlements. Increasing the federal debt limit and pushing back the fiscal cliff will help stabilize people's attitudes, but will it be enough? None of that will make Germany any stronger or improve next quarter's earnings reports, but at least settling one of the three factors should give us a fighting chance.

Until those things come to pass and the impact on the markets is clear, I agree with tampat - stay away for now, let this baby settle. It could be another 2-3 months of steady declines.]]> Wed, 14 Nov 2012 18:34:31 -0500
Consensus is building that it's a combination of three significant factors: 1) Germany's weakening economy threatens all of Europe's solvency, 2) the election confirms that we'll spend the next four years minmizing our chances of economic recovery from this most-anti business administration, and 3) less than thrilling earnings reports. Germany and the earnings take out tech, earnings and the negative tax implications disrupt MLPs and REITs.

There will be pops when there is consensus on how to raise taxes ("if" was decided November 6th), and particularly if there's any agreement on managing entitlements. Increasing the federal debt limit and pushing back the fiscal cliff will help stabilize people's attitudes, but will it be enough? None of that will make Germany any stronger or improve next quarter's earnings reports, but at least settling one of the three factors should give us a fighting chance.

Until those things come to pass and the impact on the markets is clear, I agree with tampat - stay away for now, let this baby settle. It could be another 2-3 months of steady declines.]]> http://seekingalpha.com/article/928891/comments?source=feed#comment-10637441 10637441 Wed, 17 Oct 2012 17:47:59 -0400 http://seekingalpha.com/article/928891/comments?source=feed#comment-10636711 10636711
This is the second article of yours I've read thoroughly, and I like your style of analysis - plenty I can use, and I've become a follower.

One question re PSEC: I use Schwab's StreetSmart.com and they compile analyst's ratings, as do others. The six analysts covering PSEC are distributed as 1 buy, 3 holds, 1 underperform and 1 sell. This is about as negative as I've seen since I started checking this page on StreetSmart a few months ago. Any idea why there should be such mixed opinions on one of your favorite stocks?]]> Wed, 17 Oct 2012 17:32:10 -0400
This is the second article of yours I've read thoroughly, and I like your style of analysis - plenty I can use, and I've become a follower.

One question re PSEC: I use Schwab's StreetSmart.com and they compile analyst's ratings, as do others. The six analysts covering PSEC are distributed as 1 buy, 3 holds, 1 underperform and 1 sell. This is about as negative as I've seen since I started checking this page on StreetSmart a few months ago. Any idea why there should be such mixed opinions on one of your favorite stocks?]]> http://seekingalpha.com/currents/post/555761?source=feed#comment-9855581 9855581 I can't believe I bought into this ugly pig way back at $2.50. Once again, the old Wall Street adage "Never try to catch a falling knife" holds to be so very, painfully true.
I will dump what I have and then watch every day to see what kinds of crooks these executives are. I will hope and pray that there's some major lawsuits and, in a just world, the guys who made this happen will be barred by the SEC from evey participating in a public company again. In a perfect world? Prison.]]> Tue, 25 Sep 2012 16:45:24 -0400 I can't believe I bought into this ugly pig way back at $2.50. Once again, the old Wall Street adage "Never try to catch a falling knife" holds to be so very, painfully true.
I will dump what I have and then watch every day to see what kinds of crooks these executives are. I will hope and pray that there's some major lawsuits and, in a just world, the guys who made this happen will be barred by the SEC from evey participating in a public company again. In a perfect world? Prison.]]> http://seekingalpha.com/article/804161/comments?source=feed#comment-8400591 8400591 Tue, 14 Aug 2012 16:42:21 -0400 http://seekingalpha.com/article/635261/comments?source=feed#comment-6132401 6132401 The backlog of XTO gas drilling and surfeit of gas production is surely one of the reasons why XOM is looking to export LNG. Now, XOM buying Cheniere, that makes more sense, although I wouldn't hold my breath on that either. XOM's standards for site selection and regulatory approval are second to none in the industry, and it's unlikely they would find everything that Cheniere's done to be up to "Exxon standards". No, I think XOM's got plenty of gas and gas potential, and is more than likely to make this move on their own. Of course, I could be completely wrong. Wouldn't be the first time.]]> Tue, 05 Jun 2012 13:50:12 -0400 The backlog of XTO gas drilling and surfeit of gas production is surely one of the reasons why XOM is looking to export LNG. Now, XOM buying Cheniere, that makes more sense, although I wouldn't hold my breath on that either. XOM's standards for site selection and regulatory approval are second to none in the industry, and it's unlikely they would find everything that Cheniere's done to be up to "Exxon standards". No, I think XOM's got plenty of gas and gas potential, and is more than likely to make this move on their own. Of course, I could be completely wrong. Wouldn't be the first time.]]> http://seekingalpha.com/currents/post/337191?source=feed#comment-5820931 5820931 GRH has wisely diversified into multiple resource plays, including the Bakken, Eagle Ford, Marcellus/Utica, and even a toe-hold in the Mississipian Lime in Oklahoma. They've wisely extended their service offerings to accomodate whatever kind of water management the customer needs. However, the basic money maker is so simple you just need a calculator: Every well drilled in any one of these plays must recycle or dispose of the water produced once it's put on line. Few producers have the time, expertise or incentive to manage their own water when a qualified alternative is knocking on their door. Check GHR's latest investor presentation - they're getting $7-10 per barrel to haul water in the Marcellus, and another $3/bbl to dispose of it. Holy crap! Even if gas prices force a minimum of gas drilling in those segments of the plays, you've still got $90 oil to support continued oil drilling, and the Marcellus, Utica, Eagle Ford, and Bakken all have substantial undrilled oil and/or wet gas potential.
This is really simple: if you believe in the future of oil and gas, then you can buy the producers, the services companies, or both. In this case a well-funded, well-conceived, well-run service company with huge upside is trading for less than $2/share and belongs in the $6-8 range. I'll take that risk.
[I am long GRH and intend to buy more when the impact of summer on natgas prices is known]]]> Fri, 25 May 2012 15:59:39 -0400 GRH has wisely diversified into multiple resource plays, including the Bakken, Eagle Ford, Marcellus/Utica, and even a toe-hold in the Mississipian Lime in Oklahoma. They've wisely extended their service offerings to accomodate whatever kind of water management the customer needs. However, the basic money maker is so simple you just need a calculator: Every well drilled in any one of these plays must recycle or dispose of the water produced once it's put on line. Few producers have the time, expertise or incentive to manage their own water when a qualified alternative is knocking on their door. Check GHR's latest investor presentation - they're getting $7-10 per barrel to haul water in the Marcellus, and another $3/bbl to dispose of it. Holy crap! Even if gas prices force a minimum of gas drilling in those segments of the plays, you've still got $90 oil to support continued oil drilling, and the Marcellus, Utica, Eagle Ford, and Bakken all have substantial undrilled oil and/or wet gas potential.
This is really simple: if you believe in the future of oil and gas, then you can buy the producers, the services companies, or both. In this case a well-funded, well-conceived, well-run service company with huge upside is trading for less than $2/share and belongs in the $6-8 range. I'll take that risk.
[I am long GRH and intend to buy more when the impact of summer on natgas prices is known]]]> http://seekingalpha.com/currents/post/330131?source=feed#comment-5705951 5705951 Just when I think I understand this stuff...]]> Tue, 22 May 2012 17:31:55 -0400 Just when I think I understand this stuff...]]> http://seekingalpha.com/article/563901/comments?source=feed#comment-5237711 5237711 Tue, 08 May 2012 19:16:51 -0400 http://seekingalpha.com/article/550311/comments?source=feed#comment-5043051 5043051 Thu, 03 May 2012 00:44:43 -0400