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noahlot

noahlot
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  • Investing in the Bakken (Part I): 8 Companies With a Market Cap Under $1B [View article]
    Michael- Thx for all of your work.I would ask you this with a private message but Alpha requires a picture? Is this match.com? Anyway- I have decided to make USEG my energy play. I wonder if you could hazard a guess on what kinf of earnings USEG might have in 2012 assuming a moderately successful drill program and $100 oil. They have less than 30 million shares out and was wondering if they could get to $1 EPS anytime soon. Thanks in advance and please ignore if it is just too much guesswork.
    Mar 10 12:43 PM | Likes Like |Link to Comment
  • Where Is the Silver? [View article]
    One would think out of all the hedge fund managers and those with large private wealth would have a little fun and make a play at silver. Just ONE of them. First you would buy up all of the Comex silver on the down expiration days- take that JPM, then buy up a lot of shares in the miners (and options), next- buy SLV puts- (just in case the silver isn't there) then the SLV out of the money calls. Finally you go in and buy up all of the SLV say to $25-$30, announce that you are a holder of greater than 5% and you are $25 bid for 100,000,000 ounces. SOME DAY! Are you listening Mr. Einhorn?
    Jul 20 09:23 PM | 4 Likes Like |Link to Comment
  • Silver Backwardation: Prices About to Soar [View article]
    Hl is currently my number 1 pick of the producers. Their backs are against the wall, yes they have debt, but the bet for me is that they can service the debt with silver around $13.

    The "subtle" story here is that zinc and lead are acting much better lately, in spite of there be no follow thru to the China stimulus story-

    It really is a perfect story- it has gold (non industrial) silver (monetary and industrial) and lead and zinc (industrial). If we fall off the cliff gold and silver should get us by, but if we hit inflation and zinc and lead start to move up- well it could be a buy of the century.

    As to nationalization: At this point, once the public sees thru the narcissism and pathology of Obama we will be talking about getting him out and WHO KNOWS? We could have a revolution BACK to free markets in 3 and a half years.

    If I am wrong and everyone in this country settles for the $800 a year check for Obama vote than I expect Palin to use her National Guard to circle Greens Creek and if that fails we will have militias protecting private property. I will be there- anyone else?

    Noah-
    Mar 7 11:42 AM | 3 Likes Like |Link to Comment
  • Memo to Warren: AmEx Preferred at 15%, Warrants at $12 [View article]
    A few weeks back I wrote an email to some friends after I realized that Buffett may be sitting on a house of cards with B/H. I would love feedback on what I wrote-mainly is Buffett "all in" i.e. with his own money with his own funds? Or when we talk about Buffett are we talking about 1 Buffett who has in own wealth and investments or another Buffett whose wealth is tied up in BH. If it is the latter he and is shareholders could end up holding a house of cards---

    "I always assumed that Berkkshire Hathaway stock has gone up exponentially over the years which is not the case. Look here from 1998 to today- from 8000 to 11,000 in change. I do not believe any dividends have been paid although I may be wrong. It is like having bought an $8 stock in 1998 and her 10 years later it is $11?? Where is the genius in that? That has to be less than a money market fund.

    finance.yahoo.com/echa...;range=my;indicator=vo...

    On top of that the balance sheet of B/H is strange. It is loaded with debt and when the baloney "goodwill" is taken out the net tangible assets are $85 billion while the market cap is $175 Billion. Investors are paying over 100% premium for this rather poorly run mutual fund?? That is quite a load fee.

    finance.yahoo.com/q/bs...

    I know he is one of the richest men in the world but he didn't get there from holding this dog. In fact I would say that any net worth he reports that is from his holdings in Berkshire "A" are 100% inflated due to the debt. Show me the beef Buffet. What happens if this company can't refinance it's debt in the future? RDG

    ps- Yes I know that the fund did incredibly from 82-98 but there is an old saying "never confuse brains with a bull market"


    Nov 18 08:35 PM | 2 Likes Like |Link to Comment
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