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PabloTC

PabloTC
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  • SeaWorld - As Blackstone Continues To Sell, Stay Out Of This Overvalued Offering [View article]
    Watch the movie Blackfish
    Nov 7 09:05 AM | Likes Like |Link to Comment
  • Sense And Nonsense About Climate Change. What Do Investors Need To Know? [View article]
    Let's keep the science and the finance separate. Global warming deniers are by and large in the same intellectual class as those who believe that the President was born in Kenya, that the U.N. is organizing concentration camps, and that black helicopters are zipping around keeping an eye on everybody. These fools are impervious to fact and reason. But people who are a little brighter--like folks in the insurance industry and our military planners--take the threat of global warming VERY seriously.
    Jan 9 06:51 AM | 7 Likes Like |Link to Comment
  • The Next 10 Years: Much More Misery [View article]
    If this qualifies as an Editor's Choice I am obviously on the wrong website.
    Oct 20 09:22 AM | 12 Likes Like |Link to Comment
  • Two Michigan state legislators call on state officials to step up investigations into possible collusion between Chesapeake (CHK) and Encana (ECA). Emails appeared to show top execs discussing how to avoid bidding against each other in a 2010 public land auction in Michigan and in prospective land deals involving at least nine private landowners in the state.  [View news story]
    OK. AM's wife is Upton's first cousin, but they are thick as thieves. When you come across references to Whirlpool in CHK filings, that's why. Rep. Upton is also Chair of a key energy committee and a CHK investor in the past.

    http://bit.ly/N1OcDQ
    Jul 25 07:03 AM | Likes Like |Link to Comment
  • Two Michigan state legislators call on state officials to step up investigations into possible collusion between Chesapeake (CHK) and Encana (ECA). Emails appeared to show top execs discussing how to avoid bidding against each other in a 2010 public land auction in Michigan and in prospective land deals involving at least nine private landowners in the state.  [View news story]
    Agree completely. In addition to party affiliation, AM is married into the powerful Upton (Whirlpool) family. I would have to double check, but I believe his brother-in-law is U.S. Representative red Upton.
    Jul 25 06:56 AM | Likes Like |Link to Comment
  • Steve Forbes: How To Bring Back America [View article]
    Better get used to Obama. Odds are very good he will win. Romney, unlike his father, lacks personal dignity and honor. (When will he release his tax returns?). And he is a terrible candidate whom people instinctively dislike. On the whole, an Obama victory would be a very good thing.
    Jul 9 09:25 AM | 3 Likes Like |Link to Comment
  • Steve Forbes: How To Bring Back America [View article]
    Not very bright are you Bruce? In any event, you don't read carefully. Lawrence is talking about Forbes absurd use of hyperbole. Both 9/11 and the Holocaust qualify as abominations. The Affordable Care Act, the core of which was first proposed by Nixon, is just a policy approach you don't like. Fifty-million people without health insurance. Health care outcomes that are at best mediocre for a developed country. Health care costs that are double those of Japan and 50 percent higher than in Canada (both of which have better outcomes). If these facts are not abominable, they are at least outrageous.

    Forbes? He is yesterday's broken record. There might be 10 people in America who care what he says anymore.
    Jul 6 09:40 AM | 18 Likes Like |Link to Comment
  • With Chesapeake's McClendon, It's Not Just Personal [View article]
    Well, Coolfoolgod you should see what this guy is doing in Michigan. I wish people would stop trying to defend the indefensible.
    Jun 27 06:09 AM | 4 Likes Like |Link to Comment
  • Why Chesapeake Needs To Dump CEO Aubrey McClendon [View article]
    Good piece. When a CEO demonstrates over and over that he lacks character as well as judgment, what choice do you have but to sack him?
    Jun 26 05:47 AM | 4 Likes Like |Link to Comment
  • Chesapeake: A Lucrative Buy At $18 [View article]
    Pretty questionable behavior, I'd say: http://bit.ly/NdU00R
    Jun 19 08:28 AM | 2 Likes Like |Link to Comment
  • Opko Health: Shorting Is The Best Diagnosis [View article]
    yup. such is the world of biotech
    Jun 12 05:24 PM | Likes Like |Link to Comment
  • Opko Health: Shorting Is The Best Diagnosis [View article]
    I think suggesting he is not a good investor is kind of silly. You are clearly ignoring the big winners. When you invest as he does you are going to have losers. He seems to ditch those pretty quickly and really nurture his winners.
    Jun 12 04:13 PM | Likes Like |Link to Comment
  • Opko Health: Shorting Is The Best Diagnosis [View article]
    I have not gotten into this stock for the very reasons you offer. But shorting it? Man, I don't know. I agree that it is hard to see the value proposition just now, but it has to be there. It is hard for me to believe that the smart people who are buying are just merrily pitching money into Biscayne Bay. The institutional investors look like savvy types too. I made good money on Ladenburg and will watch this stock closely. Frost and his Miami cabal have something going on. I am just not sure what it is.
    Jun 12 07:24 AM | Likes Like |Link to Comment
  • After a sweeping rebuke representing "total collapse of investor confidence" in Chesapeake's (CHK +3%) board - shareholders rejected two directors up for re-election and only 20% approved CEO compensation - is Aubrey McClendon's ouster next? Two-thirds of CHK’s board could be new appointees by July 1, and McClendon won’t have hand-picked any of them.  [View news story]
    I have followed McClendon's various antics here in Michigan and they are really quite disgraceful. The man appears to be an eight-cylinder jackass. His ways, however distasteful, might have worked when he was building the company. But they don't work now. He needs to go.
    Jun 8 05:37 PM | Likes Like |Link to Comment
  • Chesapeake And An 'I Told You So' Moment [View article]
    I have made good money off this stock in the past and have a small position now. But the more I find out about AM, the more I dislike about him and the company. He is more arrogant and reckless than anyone has a right to be. I have spent some time studying his antics here in Michigan where he is involved in an epic zoning and land use battle. Basically, he took a fancy to some land knowing that the long term plan for the township called for zoning that would limit its development potential. Before, he finalized the deal--when he could still have walked away--the land was in fact rezoned. His response was to buy it anyway and then sue everyone in sight. He sued the township officials who changed the zoning code. He sued local non profits. He sued private citizens who opposed him. Everyone. It was classic scorched earth litigation, designed to win--not because your position is legally meritorious--but because you have so damned much money that you can bankrupt and destroy everyone who opposes you. Among other things he sought subpoenas to rummage through the private computers, smart phones, and phone records of all his opponents. His attorney admitted it was a massive fishing expedition undertaken because he had no real evidence that anything wrong had been done. These scorched earth subpoenas were ultimately without merit and were properly quashed but by then the tiny township was basically broke and local officials were basically beaten down. Thankfully, a skilled public interest law firm is now involved and it is not clear that AM will prevail. We'll see. But if you study the situation here you can see a lot of the recklessness and disregard for others that got CHK in trouble. I am glad to see that, in Icahn, AM may have a ferocious tiger on his own tail. This is entirely fitting and just. Payback is tough.
    May 26 07:00 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
23 Comments
56 Likes