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  • Wall Street Breakfast: Crude Surges On Yemen Tensions  [View article]
    Its actually quite logical. They (Shia, Sunnis and Kurds) just can't get along; so no reason to go with boundaries drawn by France and England.
    Mar 26, 2015. 07:11 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Crude Surges On Yemen Tensions  [View article]
    KSA attacking a Shia group supported by Iran in Yemen could also lead to a broadened conflict in the region. Ras Tanura is within easy striking distance of Iran and they could always use a surrogate, as they've done elsewhere. In fact it could just be Houthis in response to attacks made by KSA.
    Mar 26, 2015. 01:39 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Crude Surges On Yemen Tensions  [View article]
    Iran has wanted to carve out a "Shia Crescent" around the Persian Gulf for decades now. Kuwait and eastern KSA are inside that crescent. This "small conflict" could become very serious. With Yemen and now Iraq considering splitting into three countries (http://on.wsj.com/1NiJEs0), including a Shia state along the east of what is now Iraq, they are closer than ever to achieving that goal.

    Now imagine Iran with nuclear weapons.
    Mar 26, 2015. 07:35 AM | 15 Likes Like |Link to Comment
  • Oil Will Bottom In 3 Weeks: A Comprehensive Analysis Of Domestic Oil Production  [View article]
    Citigroup says WTIC is going to $20/bbl: http://bloom.bg/174IJxL-

    Its up to you who to believe. I read this article because I rarely see some call for timing for a bottom.
    Mar 23, 2015. 02:10 PM | 1 Like Like |Link to Comment
  • 'The U.S. Is Broke'  [View article]
    Actually, that line started in 2009, so its into its sixth year now.
    Mar 22, 2015. 09:03 PM | Likes Like |Link to Comment
  • EIA: Oil production falling at Eagle Ford, Bakken, Niobrara shale plays  [View news story]
    Well you are short one refinery (XOM) right now in California. That does have an impact on your local price.
    Mar 22, 2015. 10:51 AM | Likes Like |Link to Comment
  • Beware Of The Sucker Yield: Bumpy Roads Ahead For Wheeler REIT  [View article]
    I agree, WHLR value themselves at $2/share. Share price is higher, so...
    Mar 20, 2015. 06:12 PM | 1 Like Like |Link to Comment
  • Beware Of The Sucker Yield: Bumpy Roads Ahead For Wheeler REIT  [View article]
    The common isn't good and will be getting worse: http://bit.ly/1BBKKsa.

    So unless they pay off that Series C preferred by June; shareholders get diluted with $2 shares or the interest rate goes to 15%. I can't see how any good can come of that.
    Mar 20, 2015. 10:47 AM | Likes Like |Link to Comment
  • Buy The Dividend Company That Manages All The Real Estate  [View article]
    The special dividends push the yield to around 5%. They are conservative on their dividend policy, but don't allow too much cash to accumulate.
    Mar 15, 2015. 09:47 AM | Likes Like |Link to Comment
  • Mr. Market Discounts Petrobras 60%, New Developments Signal Time To Buy  [View article]
    I suspect there will not be a dividend payment this year.
    Mar 13, 2015. 11:12 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: South Korea Next To Jump On Easing Bandwagon  [View article]
    IMO, the main problems leading to antibiotic-resistant bacteria is the overuse and misuse of antibiotics by humans (they are available OTC without prescription in many countries) and the failure of many to complete the cycle prescribed (e.g., I am feeling good after four days, so I can save the other four pills for later). The OTC availability leads to people minimizing cost by taking the antibiotics for a shorter cycle than would be recommended by a physicianñ thus developing more resistant bacteria.
    Mar 12, 2015. 09:14 AM | 6 Likes Like |Link to Comment
  • Dune Energy files for Chapter 11  [View news story]
    It may take awhile, but those failures will start to hit some of the regional banks too.
    Mar 9, 2015. 11:17 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs  [View article]
    This is a good read regarding the pressure tactics being used by climate change advocates: http://on.wsj.com/1FkfxxG
    Mar 6, 2015. 10:05 AM | 2 Likes Like |Link to Comment
  • I'm Not Sitting Out This Dance: Host Hotels Is A Buy  [View article]
    You had your drop below $20; but it didn't last long.
    Mar 6, 2015. 09:45 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Australia Keeps Monetary Policy Steady  [View article]
    More money would end up with the shareholders without the fraud. There might even be more taxes paid. Brazil still owns 50%, so I believe their government would have had more income or other benefits (increased value of the company for example) without the fraud.

    This reminds me of PeMex in the 1970s in terms of the degree of the fraud, except that PBR has to open its books.
    Mar 3, 2015. 08:11 PM | 1 Like Like |Link to Comment