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  • Hydraulic fracturing does not pose a high risk for inducing earthquakes, but underground injection of wastewater from fracking and other energy technologies does increase the risk, a National Research Council report says. Carbon capture and storage, seen as a promising way to combat climate change, raises the potential for causing "significant" seismic activity.  [View news story]
    Always reminds me of the people who say they can smell natural gas from drilling nearby, then I tell them natural gas is odorless and that rotten egg smell the claim they can smell cannot be natural gas. That rotte egg smell is in fact a federally required additive during refinement/processing and does not occur naturally. They look dumbfounded when I use facts/research to completely show that they are just propaganda machines.

    Fact indeed, hydraulic fracturing going on since the 50's and not one documented case of contaminated ground water.

    Ironically enough, the states with the most oil and gas industry locations also have the lowest unemployment rates, i.e. TX, ND, OK, etc.....go ahead NY, make some more socially program bound.
    Jun 17 01:29 AM | 2 Likes Like |Link to Comment
  • Among giant U.S. IPOs of the last 10 years, Facebook (FB), which is now down 16% from its $38 offering price, has posted the worst performance, according to Bloomberg's data. Of course, many pre-IPO investors are also underwater: a SecondMarket chart shows Facebook reached current levels in Feb. '11, and largely remained above them until this week. Options trading begins on Tuesday, and could bring additional volatility.  [View news story]
    Unfortunately some correction already happened, and my broker limited the amout of shares I could short. FB, I'll use options to extract ever dime out of that over hyped clownshow that I can, esp with all of the recent lawsuits regarding the IPO and settlements being given out left and right from several brokers...I really dont see a bunch of good news coming out here.

    Plan for FB: Short via put-spread or iron condor/reverse iron condor based on potential large move
    May 26 01:41 PM | 2 Likes Like |Link to Comment
  • IMF head Lagarde tells The Guardian her agency has no intention of easing the terms of Greece's bailout package. Greeks need to help themselves by paying their taxes, she says, adding she has more sympathy for poor African children than Greek ones - interesting sentiments from one who was part of the regime that oversaw hundreds of billions transferred to financial institutions in the aftermath of the GFC.  [View news story]
    A society where people retire @ 55 vs. society where people don't live past 35 due to living conditions. I would rather help Africa hands down, the Greeks did this to themselves and had plenty of opportunity to fix themselves but chose not to. Instead of giving them a bailout, I would rather provide food aid, clean water, etc to Africa. Let Greece default, its the only way they will learn.
    May 26 01:38 PM | 2 Likes Like |Link to Comment
  • Former President Bill Clinton thinks the U.S. economy is already in a recession and urges Congress to extend all the tax cuts due to expire at the end of the year. "What I think we need to do is find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now," Clinton says, "Then deal with what's necessary in the long term debt-reduction plans as soon as they can, which presumably would be after the election."  [View news story]
    look people have to face it, we cant pay the benefits we once promised for Soc Sec/Medicare/Medicaid even regardless of the amount of taxes we raise. yes we need to raise some taxes, I agree, but the "Buffet Rule" wont solve anything and just polarizes people. Do things like phase out deductions, close loop holes. The social programs are fine for 55+ but for younger people like myself, adjust the age up based on life expectancy. I accept it. I recently had a AARP member lobby me (~30ish) telling me to fight to not raise the age for benefits by a day. I'm a moderate, but talking to someone like that makes me want to turn republican really bad. She told me unemployment/jobs numbers were lies, and that AARP would like me to job, send money to help produce jobs. These are the type of people that polarize moderates like myself. I liked Clinton, and think myself to be a southern democrat, but the people we have in charge have done a disservice to the party and the country. I'm a minority and glad we had a minority president, but its time to get the Clintons back in or I'll hold my nose for a republican. If you are a democrat and want to bash me for my views go ahead, and you will make my swing vote definitely be placed in the R column.
    Jun 5 09:00 PM | 1 Like Like |Link to Comment
  • There's a good chance exchange controls are imposed in Europe's strongest (Switzerland) and weakest (Greece) countries in less than 2 weeks, writes Bruce Krasting, who believes the Swiss will move first. If these two go, he says, other countries will have to follow. (see the [[wild ride]] in the franc last week).  [View news story]
    I love talking to all of these people who thing all of these QE measures wont cause inflation >2% in the future. Keep dreaming.
    May 28 10:43 PM | 1 Like Like |Link to Comment
  • Facebook: This Is The Bet You Are Making [View article]
    Major success putting in limit orders on first day trading, get in, get my 10% and out. Set the limits quick and down get greedy, and don't be in at the end of the day unless you;re prepared for some downside.

    Set the limit order and set the stops immediately if you decide to play...

    Good comment.
    May 17 08:26 AM | 1 Like Like |Link to Comment
  • How Much Money Does It Take To Make Money? [View article]
    I wouldn't consider covered calls to signify people's unmitigated greed, but could see how you can construe the other items to be.

    Some people even consider puts to function as insurance...not really a mark of unmitigated greed.

    I promote covered calls as additional income and downside protection just like most analysts do.
    May 16 12:41 PM | 1 Like Like |Link to Comment
  • How Much Money Does It Take To Make Money? [View article]
    Good points, great article.

    While they wont may you filthy rich, I'm a big fan of covered calls for additional income and some slight downside protection.

    I started delving into options via covered calls, and have progessed ever since, but for the retail investor starting into options, its not a bad place to start.
    May 16 11:43 AM | 1 Like Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    As producers adjust natural gas production, overall I think coal will see a recovery this fall, but may continue to trudge along lows during the early to mid summer.
    May 16 09:05 AM | 1 Like Like |Link to Comment
  • Considering coming out of cash and and wading back into the markets? Look at energy, says Real Money's Daniel Dicker, particularly offshore drilling companies. Offshore profitability is almost entirely based on crude oil pricing, and Dicker is convinced that crude oil prices will find a bottom well above $100/bbl. This will make the most challenging offshore operations, using the deep and ultra deep water rigs owned and leased by companies like SeaDrill (SDRL), Transocean (RIG), Ensco (ESV) and Rowan (RDC) increasingly profitable through 2012-13.  [View news story]
    Shorted RIG from $55 via puts. Short term weakness due to perceived lowering oil prices, but long term, these stocks are primed for large gains based on day rates and emerging middle class demand for oil/gasoline in China/India.

    Looking for Oil to find a bottom soon and will change back to long positions in SDRL, RIG via Jan 13/14 deep in the money calls
    May 26 01:44 PM | Likes Like |Link to Comment
  • Use This Pullback To Buy The Apple Brand [View article]
    I like AAPL long via deep in the money calls around Jan 13/Jan 14. If people are buying, the upcoming summer is a general time of weakness for the markets, and in-between iphone releases, next qtr sales may not be as spectacular as the last. deep in the money calls are a nice affordable stock substitute additionally if you can't go willy nilly and knock down a couple blocks of a 100 for the smaller retail investor. I see AAPL at least back at $600 by December, just a matter of having to patience to wait out the ups and downs and don't sell your long term call on these recent shenanigans.
    May 21 08:26 AM | Likes Like |Link to Comment
  • Is The Einhorn Phenomenon Getting Out Of Hand? [View article]
    The media frenzy is helping to move these stocks, but generally if you follow all of Einhorns bets, he's usually right more than he's wrong.
    May 17 08:29 AM | Likes Like |Link to Comment
  • Facebook: This Is The Bet You Are Making [View article]
    Can't wait for options to become available on FB. I've had major successes shorting most IPO's after 45 days, and enjoying a nice correction as the hype dies down.

    I may get 100 Shares in the IPO max, if not, just waiting for a play to the downside.
    May 17 08:25 AM | Likes Like |Link to Comment
  • Cramer's Mad Money - Oil's Not Well (5/16/12) [View article]
    Cramer pointed out temp weakness in MCD @100...nice ride down to $91 via puts.

    I think he's spot on, potential continued market weakness, if you can get it at a 4% yield grab it. Overall should have a great 2nd qtr due to reduced commodity costs.

    Value investing and fundamentals, its what he does and usually he's not far off.
    May 17 08:22 AM | Likes Like |Link to Comment
  • Crash Landing Or Poised For More Lift? [View article]
    I think if you are waiting until it finds support again, thats not the best time to get in. I usually wait until it breaks past a support to initiate a position, granted I may miss a little gain, but would hate to be set up with a spread for the wrong direction. Next test will be around 650, if it breaks through downward, I'll add to my short position and ride it down.

    Still nasty looking chart, and I wouldnt find a negative trend this hard unless you see institutional money coming in to prop it up, but looking at the past month and the 13-f's, a lot of institutionals and whales are looking for at least short term weakness in this stock and most of the techs in general.
    May 17 08:19 AM | Likes Like |Link to Comment