Tricky's Comments Tricky's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/265323/comments Tesla's Ambitious SuperCharger Infrastructure Build Is SuperExpensive http://seekingalpha.com/article/1476221/comments?source=feed#comment-19548951 19548951 Mon, 03 Jun 2013 09:00:26 -0400 Tesla's First Red Flag http://seekingalpha.com/article/1443191/comments?source=feed#comment-19161451 19161451 Thu, 23 May 2013 10:21:48 -0400 Refining Canada’s oil sands produces petroleum coke, called "the dirtiest residue from the dirtiest oil on earth." It's piling up along the Detroit River, NYT reports, thanks to a Marathon Petroleum refinery that began refining Canadian oil sands in November. Detroit’s pile will not be the only one. Canada’s efforts to sell more products from oil sands to the U.S., which include transporting it through the proposed Keystone pipeline, are pulling more coking south to U.S. refineries, creating more waste product. http://seekingalpha.com/currents/post/1033921?source=feed#comment-18983581 18983581
Too bad the commenter didn't read the article before commenting on it.]]> Sat, 18 May 2013 12:50:52 -0400
Too bad the commenter didn't read the article before commenting on it.]]> Refining Canada’s oil sands produces petroleum coke, called "the dirtiest residue from the dirtiest oil on earth." It's piling up along the Detroit River, NYT reports, thanks to a Marathon Petroleum refinery that began refining Canadian oil sands in November. Detroit’s pile will not be the only one. Canada’s efforts to sell more products from oil sands to the U.S., which include transporting it through the proposed Keystone pipeline, are pulling more coking south to U.S. refineries, creating more waste product. http://seekingalpha.com/currents/post/1033921?source=feed#comment-18983401 18983401
I don't know enough about the topic to know how much their facts are skewed, incorrect or leave out important facts that don't support the angle that the article wants to push.

I'm not commenting on whether or not the article is biased -- it certainly does have a point of view that it is pushing. I'm laughing at all the comments that were clearly made without reading the article, because the article did anticipate some of these knee jerk rants and presented some facts to counter them.

So I'm just finding the whole thing entertaining.]]> Sat, 18 May 2013 12:44:27 -0400
I don't know enough about the topic to know how much their facts are skewed, incorrect or leave out important facts that don't support the angle that the article wants to push.

I'm not commenting on whether or not the article is biased -- it certainly does have a point of view that it is pushing. I'm laughing at all the comments that were clearly made without reading the article, because the article did anticipate some of these knee jerk rants and presented some facts to counter them.

So I'm just finding the whole thing entertaining.]]> Refining Canada’s oil sands produces petroleum coke, called "the dirtiest residue from the dirtiest oil on earth." It's piling up along the Detroit River, NYT reports, thanks to a Marathon Petroleum refinery that began refining Canadian oil sands in November. Detroit’s pile will not be the only one. Canada’s efforts to sell more products from oil sands to the U.S., which include transporting it through the proposed Keystone pipeline, are pulling more coking south to U.S. refineries, creating more waste product. http://seekingalpha.com/currents/post/1033921?source=feed#comment-18981421 18981421
"Coke, which is mainly carbon, is an essential ingredient in steelmaking as well as producing the electrical anodes used to make aluminum.

While there is high demand from both those industries, the small grains and high sulfur content of this petroleum coke make it largely unusable for those purposes, said Kerry Satterthwaite, a petroleum coke analyst at Roskill Information Services, a commodities analysis company based in London.

“It is worse than a byproduct,” Ms. Satterthwaite said.“It’s a waste byproduct that is costly and inconvenient to store, but effectively costs nothing to produce.” ]]> Sat, 18 May 2013 11:15:31 -0400
"Coke, which is mainly carbon, is an essential ingredient in steelmaking as well as producing the electrical anodes used to make aluminum.

While there is high demand from both those industries, the small grains and high sulfur content of this petroleum coke make it largely unusable for those purposes, said Kerry Satterthwaite, a petroleum coke analyst at Roskill Information Services, a commodities analysis company based in London.

“It is worse than a byproduct,” Ms. Satterthwaite said.“It’s a waste byproduct that is costly and inconvenient to store, but effectively costs nothing to produce.” ]]> Tesla's First Red Flag http://seekingalpha.com/article/1443191/comments?source=feed#comment-18969821 18969821 Fri, 17 May 2013 21:30:34 -0400 Tesla's First Red Flag http://seekingalpha.com/article/1443191/comments?source=feed#comment-18953191 18953191 Fri, 17 May 2013 13:46:52 -0400 How things can change in a week. Tesla Motors (TSLA) CEO Elon Musk's response during a conference call (transcript) on a question over a capital increase was pretty definitive that the automaker had spent "no time" on the concept and a secondary offering would only be to ensure against an "unexpected supply interruption" or "risk event."  To be fair, an exec being coy is nothing new and shares of Tesla were only in 3rd gear at the time - but the response is still intriguing. (h/t SA contributor George Kesarios) http://seekingalpha.com/currents/post/1032061?source=feed#comment-18951681 18951681
So would it make you feel better if TSLA didn't so the secondary? To what end? Have you ever run a company? Why would you NOT take advantage of this unbelievable manna that just fell out of the sky?

This whole conversation is beyond silly.]]> Fri, 17 May 2013 13:17:51 -0400
So would it make you feel better if TSLA didn't so the secondary? To what end? Have you ever run a company? Why would you NOT take advantage of this unbelievable manna that just fell out of the sky?

This whole conversation is beyond silly.]]> Tesla's First Red Flag http://seekingalpha.com/article/1443191/comments?source=feed#comment-18941601 18941601
I was saying they should have done it after it made its first 25% up move, post conference call. If anything, the move was a little bit overdue, IMHO. Cheers.]]> Fri, 17 May 2013 10:07:10 -0400
I was saying they should have done it after it made its first 25% up move, post conference call. If anything, the move was a little bit overdue, IMHO. Cheers.]]> Tesla's First Red Flag http://seekingalpha.com/article/1443191/comments?source=feed#comment-18938351 18938351
You're way too deep in some irrelevant weeds on this issue and missing the bigger picture.]]> Fri, 17 May 2013 09:05:21 -0400
You're way too deep in some irrelevant weeds on this issue and missing the bigger picture.]]> How things can change in a week. Tesla Motors (TSLA) CEO Elon Musk's response during a conference call (transcript) on a question over a capital increase was pretty definitive that the automaker had spent "no time" on the concept and a secondary offering would only be to ensure against an "unexpected supply interruption" or "risk event."  To be fair, an exec being coy is nothing new and shares of Tesla were only in 3rd gear at the time - but the response is still intriguing. (h/t SA contributor George Kesarios) http://seekingalpha.com/currents/post/1032061?source=feed#comment-18937841 18937841
Nothing to see here people, move along.]]> Fri, 17 May 2013 08:56:24 -0400
Nothing to see here people, move along.]]> How things can change in a week. Tesla Motors (TSLA) CEO Elon Musk's response during a conference call (transcript) on a question over a capital increase was pretty definitive that the automaker had spent "no time" on the concept and a secondary offering would only be to ensure against an "unexpected supply interruption" or "risk event."  To be fair, an exec being coy is nothing new and shares of Tesla were only in 3rd gear at the time - but the response is still intriguing. (h/t SA contributor George Kesarios) http://seekingalpha.com/currents/post/1032061?source=feed#comment-18937561 18937561 Fri, 17 May 2013 08:52:10 -0400 More on Tesla: The company announces it's offering 2.7M shares (current value of $244M) and $450M in convertible debt due 2018 in a public offering. Elon Musk plans to buy $100M worth of shares - $45M through the offering, $55M through a private placement. Tesla expects $830M in gross proceeds. TSLA now +6.8% AH. http://seekingalpha.com/currents/post/1028051?source=feed#comment-18937441 18937441 Fri, 17 May 2013 08:49:54 -0400 More on Tesla: The company announces it's offering 2.7M shares (current value of $244M) and $450M in convertible debt due 2018 in a public offering. Elon Musk plans to buy $100M worth of shares - $45M through the offering, $55M through a private placement. Tesla expects $830M in gross proceeds. TSLA now +6.8% AH. http://seekingalpha.com/currents/post/1028051?source=feed#comment-18925991 18925991
Future execution issues aside, of course. My point is that TSLA doesn't need to sell econoboxes to "deserve" a market cap on par with F. Cheers.]]> Thu, 16 May 2013 21:36:31 -0400
Future execution issues aside, of course. My point is that TSLA doesn't need to sell econoboxes to "deserve" a market cap on par with F. Cheers.]]> More on Tesla: The company announces it's offering 2.7M shares (current value of $244M) and $450M in convertible debt due 2018 in a public offering. Elon Musk plans to buy $100M worth of shares - $45M through the offering, $55M through a private placement. Tesla expects $830M in gross proceeds. TSLA now +6.8% AH. http://seekingalpha.com/currents/post/1028051?source=feed#comment-18897941 18897941 Thu, 16 May 2013 11:01:47 -0400 More on Tesla: The company announces it's offering 2.7M shares (current value of $244M) and $450M in convertible debt due 2018 in a public offering. Elon Musk plans to buy $100M worth of shares - $45M through the offering, $55M through a private placement. Tesla expects $830M in gross proceeds. TSLA now +6.8% AH. http://seekingalpha.com/currents/post/1028051?source=feed#comment-18870931 18870931 Wed, 15 May 2013 18:04:41 -0400 Tesla Motors (TSLA -0.4%) trades level with a tease from Elon Musk that an announcement is coming this week (Supercharger network next week) adding just a whiff of concern a secondary offering could be teed up. Also affecting sentiment, Deutsche Bank reiterates its Hold rating and raises its price target to $50, but considering the Tesla rally was missed by the investment firm and the new PT implies a 40% drop in share price, that may be one research note for File 13. http://seekingalpha.com/currents/post/1026801?source=feed#comment-18866391 18866391 Wed, 15 May 2013 16:26:42 -0400 Tesla Motors (TSLA -0.4%) trades level with a tease from Elon Musk that an announcement is coming this week (Supercharger network next week) adding just a whiff of concern a secondary offering could be teed up. Also affecting sentiment, Deutsche Bank reiterates its Hold rating and raises its price target to $50, but considering the Tesla rally was missed by the investment firm and the new PT implies a 40% drop in share price, that may be one research note for File 13. http://seekingalpha.com/currents/post/1026801?source=feed#comment-18866331 18866331
Very good move for the company]]> Wed, 15 May 2013 16:25:14 -0400
Very good move for the company]]> Don't look now but the hedgies are betting on Fannie FNMA.OB +6.6% and Freddie FMCC.OB +7%. WSJ says Paulson & Co. and Perry Capital (among others) are buying preferred shares on the off-chance Washington has a change of heart and decides to recapitalize the companies and sell taxpayers' stake on the open market. With the White House overwhelmingly in favor of winding down the two entities, anyone betting on profiting from a potential recap is "placing a political bet … that faces unimaginably long odds," former White House adviser Jim Parrott tells the Journal. http://seekingalpha.com/currents/post/1026531?source=feed#comment-18854781 18854781 Wed, 15 May 2013 12:36:23 -0400 Tesla Motors (TSLA -0.4%) trades level with a tease from Elon Musk that an announcement is coming this week (Supercharger network next week) adding just a whiff of concern a secondary offering could be teed up. Also affecting sentiment, Deutsche Bank reiterates its Hold rating and raises its price target to $50, but considering the Tesla rally was missed by the investment firm and the new PT implies a 40% drop in share price, that may be one research note for File 13. http://seekingalpha.com/currents/post/1026801?source=feed#comment-18854601 18854601 Wed, 15 May 2013 12:33:38 -0400 Tesla Motors (TSLA): Q1 EPS of $0.12 beats by $0.08. Revenue of $562M (+16% Y/Y) beats by $63M. Conference call scheduled for 5:30 PM EST. Shares +8.1% AH to $60.33. (PR) http://seekingalpha.com/currents/post/1010891?source=feed#comment-18597271 18597271 Wed, 08 May 2013 17:12:19 -0400 Sirius XM Reaches $3.39; Time To Take Profits? http://seekingalpha.com/article/1392761/comments?source=feed#comment-18354511 18354511
But that all supposes LMCA is even willing to sell -- they'll push a hard bargain.

In any event, it's all fun to watch.
Cheers.]]> Thu, 02 May 2013 10:21:45 -0400
But that all supposes LMCA is even willing to sell -- they'll push a hard bargain.

In any event, it's all fun to watch.
Cheers.]]> "There are less ways to cheat on a balance sheet than an income statement," says Bruce Berkowitz, explaining why he focuses on the one rather than the other (and why he'll probably never be a buyer of auto stocks). In this great 35-minute chat from late last year, he again makes his case for AIG and BAC - "it's the 90s all over again" - and SHLD - selling for the liquidation value of its merchandise; the brands and the real estate are free. http://seekingalpha.com/currents/post/976391?source=feed#comment-18188571 18188571 Sun, 28 Apr 2013 10:18:44 -0400 How And Why Zero Interest Rates Ended Last Time http://seekingalpha.com/article/1363091/comments?source=feed#comment-18010451 18010451 Tue, 23 Apr 2013 21:45:33 -0400 The fertilizer plant explosion in Texas could prove a long-term benefit to some companies in the sector, since it could slow the building up of new nitrogen fertilizer capacity in the U.S. and provide a competitive boost to entrenched producers such as CF Industries (CF +3%), Potash (POT +0.8%) and Agrium (AGU +1.1%), Citigroup says. http://seekingalpha.com/currents/post/952681?source=feed#comment-17810391 17810391 Thu, 18 Apr 2013 18:24:19 -0400 Regulators are investigating whether "a benchmark daily rate set by a group of banks" has been the subject of widespread manipulation. Sound familiar? The CFTC has issued multiple subpoenas in connection with its investigation into the possible manipulation of ISDAFIX, the rate referenced by $379T (that's "trillion") of interest-rate swaps which are used by "everyone from hedge funds to manufacturing companies … to protect against fluctuations in funding costs."  http://seekingalpha.com/currents/post/932111?source=feed#comment-17381781 17381781 Mon, 08 Apr 2013 21:31:50 -0400 The "widespread impression" is that "Texas is corrupt, callous, racist, theocratic, stupid, belligerent, and most of all, dangerous," writes Erica Greider in a new book. Greider sets out to counter this perception and explain why America should learn from the Lone Star State. The economy is thriving, helped by weak government, strict lending laws, Nafta, mass immigration and generous business incentives, not to mention lots of oil. http://seekingalpha.com/currents/post/929491?source=feed#comment-17330311 17330311 Sun, 07 Apr 2013 18:07:50 -0400 With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). http://seekingalpha.com/currents/post/929481?source=feed#comment-17329781 17329781
@ Geoff -- hmm. McDonalds vs. Soylent Green. Hmm. Ethical issues aside, I'm not sure which meal would taste nastier (I'll make an exception for Egg McMuffins but everything else at McD's is disgusting... well, fries are okay too).]]> Sun, 07 Apr 2013 17:30:49 -0400
@ Geoff -- hmm. McDonalds vs. Soylent Green. Hmm. Ethical issues aside, I'm not sure which meal would taste nastier (I'll make an exception for Egg McMuffins but everything else at McD's is disgusting... well, fries are okay too).]]> With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). http://seekingalpha.com/currents/post/929481?source=feed#comment-17321261 17321261
Time to fire up the soylent green program!]]> Sun, 07 Apr 2013 11:33:51 -0400
Time to fire up the soylent green program!]]> The "widespread impression" is that "Texas is corrupt, callous, racist, theocratic, stupid, belligerent, and most of all, dangerous," writes Erica Greider in a new book. Greider sets out to counter this perception and explain why America should learn from the Lone Star State. The economy is thriving, helped by weak government, strict lending laws, Nafta, mass immigration and generous business incentives, not to mention lots of oil. http://seekingalpha.com/currents/post/929491?source=feed#comment-17321211 17321211
Pros -- cheap, can-do, pro-business, hot women ;-)

Cons -- anti-science Christian fundamentalists nuts have taken over the school system. Any politician that's been in office for a long time (D or R) becomes corrupt and the Perry administration is no exception. Weather generally sucks. ]]> Sun, 07 Apr 2013 11:32:09 -0400
Pros -- cheap, can-do, pro-business, hot women ;-)

Cons -- anti-science Christian fundamentalists nuts have taken over the school system. Any politician that's been in office for a long time (D or R) becomes corrupt and the Perry administration is no exception. Weather generally sucks. ]]>