sethmcs

sethmcs
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  • Cliffs Natural Resources target cut to $1 at Deutsche Bank  [View news story]
    Good. Scare the bondholders witless and create a billion in equity for the shareholders.
    Feb 6, 2016. 12:43 AM | Likes Like |Link to Comment
  • China And Your Portfolio: What Now?  [View article]
    China is in a recession by any common sense definition. So is the rest of Asia for that matter.
    Jan 8, 2016. 08:49 AM | Likes Like |Link to Comment
  • What To Expect From Oil In 2016  [View article]
    Asia is in recession. Recessions do not last forever. As soon as the market gets a glimpse of any tightening in the supply of oil the price will rise as quick as it went down.
    Dec 30, 2015. 03:09 AM | 1 Like Like |Link to Comment
  • Warm Winter: How To Trade Weather Derivatives; Impact On Economy/Natural Gas  [View article]
    No weather expert but isn't it possible under present El Nino conditions which make things wetter in the south to have a few nasty Nor-esters in late January or February pound the East with snow?
    Nov 25, 2015. 12:15 AM | Likes Like |Link to Comment
  • Universal Insurance Holdings Inc. Issues Statement 
    One has to assume that everyone who wanted to sell has already done so. I expect a strong bounce tomorrow.
    Nov 17, 2015. 09:39 PM | Likes Like
  • Mr. Ackman's presentation fails to lift Valeant as Citron trolls  [View news story]
    Medical billing is extremely complicated with thousands of codes and rules. Possibly there isn't a medical practice in the country who hasn't had to rebill for a rejected claim. That said considering the cost of VRX drugs and the built in payer incentive to reject claims I am not surprised VRX would have a special group to process claims. Is that fraud? I suspect not. Will it be portrayed as fraud. Absolutely.
    Oct 31, 2015. 09:42 AM | 1 Like Like |Link to Comment
  • Universal Insurance beats by $0.17, beats on revenue  [View news story]
    Just a back of the envelope calculation. $.84 x 4 = $3.36. $3.36 x 12 = $ 40.32.

    May just hit that target by 2016.
    Oct 29, 2015. 11:51 PM | 2 Likes Like |Link to Comment
  • Major snapback rally for oil  [View news story]
    Relax oil is in a trading range $50 - $40. Wake me up when it breaks out of that range. Meanwhile I will continue to add to positions and fill my tank and my portfolio with cheap oil and oil equities.
    Oct 28, 2015. 09:31 PM | Likes Like |Link to Comment
  • Maintaining Balance In My Portfolio  [View article]
    Just a few observations:

    Why no Telecom? Rogers, AT&T or Verizon.

    Why no Tobacco? MO, RAI

    Why no sin stocks? TAP

    Why no utilities?
    Oct 28, 2015. 09:21 PM | 1 Like Like |Link to Comment
  • The Big Blue Canary In Armonk  [View article]
    IBM's problems can be sum up in one word ....Snowden.
    Oct 22, 2015. 04:05 PM | 3 Likes Like |Link to Comment
  • Wal-Mart Just Told You It's A Value Trap  [View article]
    What Walmart needs is exclusive deals for products no one else has.......
    Oct 14, 2015. 11:36 PM | Likes Like |Link to Comment
  • Goldman bullish on unemployment rate, bearish on labor force participation rate  [View news story]
    "Goldman economist David Mericle, even though 4.5% with lower labor force participation means a considerable amount of labor force slack, and continued softness in wage and price inflation."

    That is the stupidest comment I have ever heard. Lower labor force participation means less available job candidates and a bidding war to fill jobs with a smaller pool of labor.

    Oct 13, 2015. 09:47 PM | Likes Like |Link to Comment
  • Reuters: U.S. shale firms snap up $50 oil hedges, risking rally reversal  [View news story]
    This is ridiculous. Who is on the other side of the trade? Somebody has to buy the oil in order for the driller to hedge.
    Oct 12, 2015. 11:42 PM | Likes Like |Link to Comment
  • ZeroHedge Throws Austrian Economics Under The Bus  [View article]
    Alfred E Newman economics says raise interest rates and destroy all capital currently mal-invested in over capacity. Shink the supply side to match the demand side and start over.
    Oct 10, 2015. 06:17 PM | 8 Likes Like |Link to Comment
  • Petrobras likely lost more than $5B to corruption, Brazil prosecutor says  [View news story]
    They get 18 cents a gallon of gas for that.....
    Oct 10, 2015. 01:25 AM | 1 Like Like |Link to Comment
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