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sethmcs

sethmcs
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  • Greece's Referendum [View article]
    The solution for Greece is a military dictatorship followed by sever financial reforms. No way a democracy will work for what needs to be done.
    Jul 3, 2015. 11:15 PM | Likes Like |Link to Comment
  • What To Buy During The Coming Pullback [View article]
    Elliot,

    I follow you because you are a oil guy. No meaningful discussion on oil?
    Jul 1, 2015. 09:39 PM | 4 Likes Like |Link to Comment
  • The Supreme Court And Coal [View article]
    ANR and ACI will benefit most from the ruling. Why? Most of the plants slated for retirement are in the CAPP coal region. If a few of those plant remain open potentially millions of additional tons of coal may be needed. ANR and ACI are in the CAPP region CLD and BTU are not. The local imbalance may even lift prices.
    Jun 29, 2015. 10:16 PM | 1 Like Like |Link to Comment
  • Seadrill - Time To Get Out [View article]
    Got a sink bid in @$10 and will sell $10 puts for $1. Looking to double my position between $9 and $10.
    Jun 29, 2015. 04:05 PM | 13 Likes Like |Link to Comment
  • Cabinet: Greek banks to stay shut for six days; capital controls placed [View news story]
    This reminds me of a proxy fight over a failing company. My guess is the current government (management) is toast.
    Jun 28, 2015. 09:52 PM | 5 Likes Like |Link to Comment
  • Major stock futures, euro tumble in reaction to Greece news [View news story]
    12% cash with a buy list ready. Let's hope for some violent action to move the options premiums up. I love how people want to buy insurance after their house is on fire. Nevertheless I like to see those arrogant snobs who think they run the world twist in the wind. If no one has figured it out yet we have way too much government. Too much regulation and too much debt. Maybe this crisis will correct that problem.
    Jun 28, 2015. 09:49 PM | 2 Likes Like |Link to Comment
  • Cliffs Natural Resources: New Lows Ahead? [View article]
    "CLF forward EBITDA forecasts are quite dire, only $30-$50m per annum in 2016-2017."

    1st Qtr EBITDA was $384m and 1st Qtr is a bad weather quarter. Your forecast seems to be way off.
    Jun 28, 2015. 04:44 PM | 2 Likes Like |Link to Comment
  • Cliffs Natural Resources: New Lows Ahead? [View article]
    Methinks CLF biggest issue is North American steel industry running below 75% capacity. Yet on the other hand many competing North American iron mines and facilities have shut down. I expect 2nd quarter revenues to be down yoy but not as bad as the market thinks. None of this matters, however, because the market will look to China iron ore contracts spot price to value CLF.
    Jun 28, 2015. 10:47 AM | 4 Likes Like |Link to Comment
  • Coal Miners Under Pressure: Alpha Natural Resources Edition [View article]
    ANR should buy back as much debt as possible at pennies on the dollar. They would make more money than selling coal.
    Jun 26, 2015. 11:00 AM | 3 Likes Like |Link to Comment
  • F.N.B. Corporation Stress Test Results Validate Current Capital Management Strategies [View article]
    FNB weathered the financial crisis well and came out stronger and bigger on the other side. In spite of making some very bad loans in Florida which were cleaned up very early on. Paid back TARP early as well. Doubled my money on this one and holding for the long term.
    Jun 18, 2015. 10:16 PM | Likes Like |Link to Comment
  • Judge rebukes government in AIG case [View news story]
    I think that would be appropriate. Theft is theft.
    Jun 15, 2015. 04:37 PM | Likes Like |Link to Comment
  • The Ultimate 'Get Paid While You Wait' Investment Strategy For The Turnaround In The Coal Industry [View article]
    ACI paid the interest on these bonds today.
    Jun 15, 2015. 11:01 AM | 1 Like Like |Link to Comment
  • Global Energy Consumption Growth Back At Late-1990s Levels [View article]
    When will China admit they are in a recession?
    Jun 12, 2015. 12:54 AM | Likes Like |Link to Comment
  • IMF calls on Fed to hold off on rate hikes [View news story]
    I strongly dislike institutions like the IMF.
    Jun 4, 2015. 01:43 PM | 2 Likes Like |Link to Comment
  • Why General Motors Cannot Afford To Ignore Cadillac Anymore [View article]
    Methinks the value of the dollar verses the yen makes a big difference in the profitability of Toyota verses GM. Toyota could not do anything right when the yen was 80 to the dollar and now can't do anything wrong 120 yen to the dollar. Too bad there wasn't a regulatory requirement that all international companies report financials in dollars. The we would have apples to apples to compare.
    May 30, 2015. 02:26 AM | 7 Likes Like |Link to Comment
COMMENTS STATS
3,460 Comments
5,130 Likes