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bakermre

bakermre
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  • Exxon steps up lobbying over Iran sanctions [View news story]
    Please tell me in simple terms, what does XOM hope to achieve with its lobbying efforts? Does XOM want in or out of Iran?
    May 21, 2015. 02:57 PM | 1 Like Like |Link to Comment
  • Why Herbalife Is Like Chuck E. Cheese [View article]
    I don't own any HLF shares. Neither am I short any shares. Some of the most profitable and high return stocks available, with fat dividends and loyal followers, sell tobacco and cigarettes. Selling cigarettes to adults is legal in every state and around the world. Does that make this murderous tobacco trade, that kills and injures millions of people, a desirable investment? You can call HLF what you like, legal, friendly, etc. I call it a SCAM = FRAUD. There is plenty of evidence that it is s scam. It deprives millions of people of any hope for income and rips off 90+% of those who try to enter this trade as a "business opportunity", year after year. If scamming unfortunate people to enrich yourself, all you HLF lovers, is your thing, go ahead. When it blows up, deny you were never aware what a SHAM and scam it is; but after all the rhetoric and blogs on HLF do not claim you have been uninformed, unaware or cheated and defeated by unscrupulous promoters of HLF. I'll avoid this one like I avoid cigarettes. Huff & Puff on that.
    May 21, 2015. 02:44 PM | 7 Likes Like |Link to Comment
  • Natural Gas And The 2015 Hurricane Season: Banking On Death And Destruction Is A Losing Bet [View article]
    Nobody has bothered to mention that the nuclear power plant building boom in Asia and elsewhere is going to have an impact on both Natural Gas consumption and CO2 emissions in the years ahead. Climate change is for sure. Causes many, often little understood over the centuries. The dubious simplicity of "only one cause (human activity) fits all reasons" is illogical and unscientific. Problem is that factors to ameliorate it are very complex, intractible by Central Government fiat, alone.
    People turn to governments and totalitarian policies when all hope or reason to understand what is truly going on is abandoned. The "Final Solution" usually is a fruitless Government dictate to limit life, liberty and human pursuit of happiness.
    May 14, 2015. 01:56 PM | 2 Likes Like |Link to Comment
  • Natural Gas And The 2015 Hurricane Season: Banking On Death And Destruction Is A Losing Bet [View article]
    Oh, 1 child policies, as in China, I presume? Where has that gone in 2015? Why is the rapid, (humans are sole cause of) climate change argument and its solution always offered as more government control, even totalitarian strictures like the Chinese Communist Party foments? Even the Chinese have recognized there are reasonable limits to this "solution" as public policy. It seems to me Malthus doom ahead scenarios, neo-Ludite 1970's Sierra Club "Limits to Growth" thinking, are very much alive and well in the 21st century.
    May 14, 2015. 01:30 PM | Likes Like |Link to Comment
  • Apple Profits As The Android Commodity Strategy Backfires In China [View article]
    Look closely at the original high tech trade, now at least 400 years old: Diamonds
    May 13, 2015. 11:44 AM | 3 Likes Like |Link to Comment
  • Why Apple 'Gets Away With It' In China [View article]
    Brilliant analysis! The "Ugly American" is, alas, still alive and well; but Apple has figured out how to avoid that affectation in China. Did you notice that Apple has, quietly, become one of the true multinational companies in its style and form? It operates all over the world now, is poly-centered, with key production and financial assets in several countries beyond the reach of the long arm of Uncle Sam's IRS, (like in Ireland, China, EU). A good parallel model, seldom understood but absolutely vital to understanding how this works, is the Diamond Trade in Antwerp, Jerusalem, South Africa and sometimes New York. Since the 17th Century, 75+% of the world's talented, highly skilled diamond cutters reside in Antwerp, Amsterdam and Jerusalem. Belgium, wisely, extracts a mutually agreed 1% turn-over tax on this trade, nurturing it by friendly attitudes of Kings and Parliaments, with loving care. Gentle little men with black beards in black suits, hats to match, walk the streets of Antwerp with suitcases full of diamonds.
    Sometimes an air traveler will meet them on flights from Amsterdam and Brussels, headed for Tel Aviv or New York. They are safe; nobody dares bother them as they go about their business! That is how good trade should always work: in Peace, protected by wise governments, to the benefit of all.
    May 13, 2015. 11:25 AM | 8 Likes Like |Link to Comment
  • Dear FTC: There's Never Been A Better Time To Deal With Herbalife [View article]
    bakermre

    I urge you to think carefully what you seek and wish for as you allocate your enormous fortunes to perpetuating HLF practices. Listen to some of the core complaints by frail voices calling for justice and fair play on this most curious HLF merry-go-round. Its annual kaleidoscopic flood of new "supervisors"; the revolving door of dealers and distributors down line, who buy HLF products and never seem able to earn anything for their efforts and lost meager savings, eventually being flung off this misanthropic centrifuge, broke and broken. You say "trust me". How can I when you know this is truly how HLF really works: Millions join-in, millions drop out, only a handful can gain; the rest crawl away in silent, embarrassed pain!
    How can the owners and managers of HLF comfortably wax fatter and richer on the backs of such fruitless toil, with any joy or comfort? Where is your sense of compassion? Of natural benevolence? Of humanity?

    That is the very cruel human arithmetic of the whole HLF ethos. There are some investors, quite a few, who carefully consider where they put their capital and in what type of listed corporation they deign to buy shares.
    Some refuse to buy tobacco shares, for example. Others refuse to buy into firms that exploit people in less developed lands, or where they foul the environment to produce products or services in ways anathema to all.
    Exploitation of people may be legal; or may pass the SEC, FTC & DOJ tests; the law is often imperfect. Does all this selfish "legally it's O.K." exploitation of weak, nearly defenseless victims make it right, fair, and beneficial to ALL concerned? That should be the real criterion for 15 uber-rich HLF longs out there seeking a short squeeze retribution and tireless ridicule of those who don't like the HLF model. I'm neither short nor long HLF because it's wrong to nurture such a scheme with my savings. In our heart of hearts we should all feel the same pangs of conscience!
    Cruel exploitation of weak people for private gain is an ugly business. That's the true HLF case which the court of public opinion and human decency perceives. We should all condemn it, repent and shut it down, now.
    May 7, 2015. 11:34 PM | 4 Likes Like |Link to Comment
  • Dear FTC: There's Never Been A Better Time To Deal With Herbalife [View article]
    I suspect a great many Latinos in the USA who sign up for HLF "opportunities" are undocumented, poorly educated, unschooled in English legal contract terms or USA laws and desperate for some way to earn a little income in an ostensibly honest way. These folks make ideal scam targets and eventual victims, thinking their "bad luck" in not prospering by selling HLF products is entirely their own fault. Most are already insecure, unsure of themselves and taciturn when asked to explain their nearly universal lack of success in this scheme. They make extremely hesitant witnesses in any legal case. That is the very cruel human arithmetic of the whole HLF ethos. There are some investors, quite a few, who carefully consider where they put their capital and in what type of listed corporation they deign to buy shares. Some refuse to buy tobacco shares, for example. Others refuse to buy into firms that exploit people in less developed lands where they foul the environment to produce products/services illegal in G-7 lands. Exploitation of people may be legal or may pass the SEC, FTC & DOJ tests; the law is often imperfect. Does all this selfish "legally O.K." exploitation of weak, nearly defenseless victims make it right, fair, and beneficial to ALL concerned? That should be the real test for uber-rich longs out there seeking short squeeze retribution and tireless ridicule of those who don't like the HLF model. True, short selling is a dubious practice; so is cruel exploitation of weak people for private gain an ugly business. That's the true HLF case which the court of public opinion and human decency should condemn to shut down, now.
    May 7, 2015. 03:50 PM | 2 Likes Like |Link to Comment
  • Crude: One Good Sign, Two Bad Ones [View article]
    Industrial and business demand for oil/oil products is not very buoyant, yet. It will take another 4 to 6 weeks before these trends smooth out as summer begins. Russia has no intention of cutting back on its production, nor does Saudi. The wild card seems to be Iran and to a lesser extent Iraq, which could add more production over the second half of 2015. Altogether we look like a side-wise price pattern in the $55 to $75 range; maybe only $65 to $50 over the next 4 to 6 months. Very hard to believe in a fresh price spike to old levels before 4th quarter 2015.
    May 6, 2015. 04:49 PM | 1 Like Like |Link to Comment
  • The Dividend Growth Wide Moat 7 From Canada [View article]
    Dale, many thanks! This article is exactly what I asked you to do yesterday. Talk about quick service; well done! I am long on Pembina (PPL) with huge gains over 5 years. I think it might be wise to spread some of these funds into Trans Canada.
    Question is does TRP offer a good DRIP benefit like PPL? Same for RY?
    May 6, 2015. 02:09 PM | Likes Like |Link to Comment
  • Dale's Super 7 Dividend Aristocrat And Achievers Portfolio Core [View article]
    Dale, a general remark is that I am Canadian, but perhaps older (79) and retired, in good health, but 10 years is about my maximum time horizon!! Right now I am finding the CAD value of my US portfolio gradually dropping in value as the CAD vs. US $ recovers. While AAPL and these 7 Dividend aristocrats gain in US$, net is eroded on exchange losses and lost 15% taxes on US $ dividends. We need a good study on Canadian dividend aristocrats for some of us stick-in-the-mud Canadians who prefer TSX listed aristocrats, and who hold these shares, like BCE with DRIPS, in our marvelously generous TFSA. BCE and Pembina (PPL) with the DRIP feature compounding tax-free, have given us huge returns in the past 5 years. Please give us an article focused on these wealth building scenarios?
    May 5, 2015. 03:26 PM | Likes Like |Link to Comment
  • Dale's Super 7 Dividend Aristocrat And Achievers Portfolio Core [View article]
    Dale it is very interesting that BRK/Buffett got rid of all the large XOM and COP oil exposure in 2014, keeping some PSX and recently adding an entry into SU, at a relatively more modest exposure of 22.4 Million shares at about $ 33. SU is now at $31.75 US or $38.30 CAD. Considering SU is one of Canada's largest oil sands and refining/marketing oil companies, with a decent dividend, it appears your mentor Buffett is on to something interesting. PSX is also more retail focused with Phillips 66 products. With WTI oil and oil sands crude increasing in price since February, I'd expect this BRK bet to do quite a lot better than XOM or COP later in 2015. What is your opinion?
    May 5, 2015. 03:03 PM | Likes Like |Link to Comment
  • Suncor Energy declares $0.28 dividend [View news story]
    Since April 2014, Buffett has added 9,354,294 shares of SU to his BRK holdings, reaching a reported total of 22,354,294 this month; that's an additional $300 million bet on the recovery of SU, since he first bought SU shares in Sept. 2013. Interestingly, Buffett sold all (41,129,643) shares of his XOM holdings; and all his COP (24,123,911) shares since 3/31/2013. As recently as April 28, 2014 BRK had 4% of its total stock investment portfolio in XOM; now it is 0.00%. He also cut his shares of Phillips 66 (PSX) by 75%, reducing a $2.1 Billion stake in 2013 to about $532 million now. He has also trimmed back his NOV holdings by 40%, from 8,800,000 shares to 5,258,385, over the same time frame. So, when Buffett bets on oil, it would appear that SU is the only vehicle of choice attracting more of his stock investment capital. Pretty good endorsement in my view!
    Apr 30, 2015. 01:27 PM | Likes Like |Link to Comment
  • Cameco's (CCJ) CEO Tim Gitzel on Q1 2015 Results - Earnings Call Transcript [View article]
    Who ever took these notes did not have them properly edited by an executive who was present at the conference. I find them grammatically and content-wise mostly unintelligible. Please have some-one in authority at Cameco read them, edit them into clear English, and re-issue them!
    Apr 29, 2015. 11:14 PM | Likes Like |Link to Comment
  • The Politics Behind Herbalife [View article]
    The case of the Market vs. HLF shall determine the final result. To trust the blind, self-aggrandizing government to lead the way is very risky. It is usually the government that sets up the foul conditions that allow these sorts of MLM schemes, that harm 95% of participants, to flourish. The government is very loath to undo their structures or past "achievements". The Banksters were given a free hand when the government repealed Glass-Steagall in 1999, and until these kinds of laws come back with vigorous enforcement, calumnies shall continue on Wall Street or elsewwhere in Uncle Sam's sphere of influence. The HLF business model is fundamentally flawed; if that can be clearly exposed, this sorry "business opportunity" will falter and fail. Until then it will stagger on as a short vs. long political football which no sensible investor should touch, except as a sporting bet for amusement, never as a profitible trade. O.K. to buy a couple of Puts or Calls, which will expire at modest losses if you are wrong, and enjoy the horse race run by the various parties; as for going short or long with real serious money? I prefer visiting Pimlico for the day! Maybe you'll meet some of the famous Washington Players in the HLF saga there, as well, since it's a favourite hang-out for D. C. Federal punters.
    Apr 27, 2015. 11:10 AM | 4 Likes Like |Link to Comment
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