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GaltMachine

GaltMachine
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  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    Case in point one article out of thousands available:

    http://bit.ly/1JKhBDE
    "Former UN Lead Author: Global Warming Caused By ‘Natural Variations’ In Climate"
    Global temperature change observed over the last hundred years or so is well within the natural variability of the last 8,000 years, according to a new paper by a former Intergovernmental Panel On Climate Change (IPCC) lead author."
    May 23, 2015. 11:47 AM | 18 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    This is what happens when you deal with fanatics and accept the fanatics' premise - you end up sounding like a blooming idiot.
    May 23, 2015. 11:00 AM | 33 Likes Like |Link to Comment
  • Some health insurers request rate increases under Obamacare [View news story]
    This was so predictable. How can it be a surprise?

    Still waiting for my "average family" savings of $2500/yr on my insurance premiums (actually by now it would have to be closer to $6000 reduction after all the rate increases in the past few years), Mr. President.
    May 22, 2015. 11:28 AM | 8 Likes Like |Link to Comment
  • Tesla's Share Price Means That Everyone Else Is The Winner [View article]
    Yan,

    Thanks for the link.

    "Notably though, while Tesla insists on trying to generate the necessary cash flows internally, the company has said it may resort to raising funds through “traditional or alternative sources of financing” if it absolutely must.

    Given the uncertainty surrounding Tesla’s top line prospects in the latter half of the year, it is hard to say if Tesla will carry out an extensive financing wave yet again.

    Clearly, Tesla’s executives seem more concerned with a setting up a trouble-free Model X rollout which is critical to the company’s long term sales (and cash flow) prospects. BidnessEtc believes, Tesla raising extra capital this year to ensure a smooth Model X volume ramp should not raise many eyebrows."
    May 21, 2015. 03:20 PM | Likes Like |Link to Comment
  • Tesla's Share Price Means That Everyone Else Is The Winner [View article]
    DaveM,

    "You should look a little further back to 1997 when Apple was on the ropes and about ready to throw in the towel. Fortunately, Microsoft threw them a $150M life preserver."

    Does this mean you are expecting TSLA to go bankrupt/get rescued in the near future?

    The current stock price doesn't reflect this thinking.
    May 21, 2015. 03:18 PM | 1 Like Like |Link to Comment
  • Economic growth increased slightly in April [View news story]
    Philip,

    Thanks for the explanation!

    I love it when I learn something useful.
    May 21, 2015. 12:11 PM | Likes Like |Link to Comment
  • Economic growth increased slightly in April [View news story]
    "Economic growth increased slightly in April"

    Isn't that a confusing headline for this data? Am I reading this wrong?
    May 21, 2015. 09:43 AM | Likes Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    bbro,

    "Let ignorance reign.... "

    All I can say is wow. Now who's being cynical?

    Source data is always more accurate than adjusted data by definition.

    You are better than that.
    May 20, 2015. 05:11 PM | Likes Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    bbro,

    Surely you can at least admit that the idea of massaging numbers that the BEA has released to make them better is going to feed cynicism?

    If you can't trust them to be accurate who can you trust?

    They are supposed to be the final arbiters of the data and are not supposed to be subject to the complaints of: "a number of economists have complained about weak reported Q1 GDP growth (currently estimated at just 0.2% and likely to go negative as updated trade and other data get plugged in) not fitting in with their view of a far stronger economy."

    The point is why should anyone trust any seasonal adjustment if all of it is subject to revision?

    Just present the raw data and let everyone else do the adjusting themselves. We have the computing power and the talented people to do it - you being the perfect example!

    Let the market figure it out instead of leaving it to the government mandarins.

    It is the voodoo of ARIMA that makes this all less transparent rather than more transparent and frankly far less credible as a result.

    I am not forecasting anything.
    May 20, 2015. 04:59 PM | Likes Like |Link to Comment
  • Tesla's Share Price Means That Everyone Else Is The Winner [View article]
    The only question remaining is how large will the secondary equity or bond offering be and when will it happen?

    Will they wait too long?

    My bet is on the wait too long, Elon loves the drama!
    May 20, 2015. 04:46 PM | 5 Likes Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    "after a number of economists have complained about weak reported Q1 GDP growth"

    Was that Joe Lavorgna? I thought this was Onion Spoof or a ZeroHedge post at first. No such luck.

    And they wonder why some of us are so cynical? Is the Atlanta FED engaged in misleading forecasting when it nailed the 1st QTR and is tracking weak growth this quarter as well?
    May 20, 2015. 03:49 PM | 1 Like Like |Link to Comment
  • Tesla Analysts Now Expect 2015 Loss [View article]
    "We do know two more insiders unloaded virtually their entire positions this month, but that had nothing to do with the stock pumping, did it?"

    Don't these guys know that the stock is going to be worth $700 billion dollars in 10 years? Are they idiots?
    May 18, 2015. 11:23 PM | 4 Likes Like |Link to Comment
  • Tesla Analysts Now Expect 2015 Loss [View article]
    surfer,

    http://bit.ly/1S2mqM0
    "The auto industry is the single greatest engine of economic growth in the world.

    The global auto industry is a key sector of the economy for every major country in the world. The industry continues to grow, registering a 30 percent increase over the past decade (1995-2005).

    Autos create jobs, jobs, jobs.

    Building 60 million vehicles requires the employment of about 9 million people directly in making the vehicles and the parts that go into them. This is over 5 percent of the world’s total manufacturing employment. It is estimated that each direct auto job supports at least another 5 indirect jobs in the community, resulting in more than 50 million jobs owed to the auto industry. Many people are employed in related manufacturing and services. Autos are built using the goods of many industries, including steel, iron, aluminum, glass, plastics, glass, carpeting, textiles, computer chips, rubber and more."
    May 18, 2015. 03:21 PM | 2 Likes Like |Link to Comment
  • Tesla Analysts Now Expect 2015 Loss [View article]
    "who want to see american success"

    Really?

    How many times have we seen postings on this board about how this will be the death of ICE vehicles?

    Those ICE vehicles are mostly built by Americans and you guys want to put them out of work and you call that patriotic?

    You see how this works?

    Stick to the facts and skip the jingoism and in the long run you will make better investment decisions.
    May 18, 2015. 11:10 AM | 9 Likes Like |Link to Comment
  • Tesla Analysts Now Expect 2015 Loss [View article]
    I have no idea how all of you can be so nonchalant about this horrible financial performance.

    They will have to raise money soon or they will run of money. You can't run a company of this size without a lot of cash.

    Shooting the messenger smacks of delusion rather than rationality.

    As a bull on this stock you better hope they do raise cash soon or it will be a very interesting real-time case study for all of us.
    May 18, 2015. 11:07 AM | 12 Likes Like |Link to Comment
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