Send Message
View as an RSS Feed
  • Transocean - Time To Buy This Beaten-Down Driller  [View article]
    Sam, I look at the historic price action, and it could get cheaper. But, in the long run, it will get more expensive. If you're market watching all day long, you could nail the bottom pretty well as it performs predictably. At these prices, I'm nibbling. I don't know the absolute bottom, but where ever it is, the stock will move up from there. We agree on that?
    Jun 30, 2015. 12:48 AM | 2 Likes Like |Link to Comment
  • Crude Oil: Demand Destruction Keeps Oil On The Selling Block  [View article]
    When my cars run out of gas, I can't put anything else in it besides gasoline of a certain grade whether that price is 2.00 or 2.10 or 2.50 or whatever. I'm not likely to suddenly hitch a ride, carpool, curtail my motoring activities (except pulling out that RV for a spin around the country), go on public transportation, etc. I'm going to buy gas, and if I'm the Walmart target audience, I'm filling only $20, but I'm still filling it up.

    In my observation, the fluctuations on the price of gasoline has made consumers price insensitive. It costs me at the peak of prices around $110 to fill the Cayenne. At the trough, it was about $75. Now, anywhere from $85 to $90. Is the price difference so great I'm spending more or less. No. It doesn't matter as I need the stuff. Guess that's what heroin addicts say about what they use in their veins.

    I think there are other forces at work in this market that have a bigger impact on prices--how about speculation or market manipulation or trading gyrations from various reasons or political moves? Market price of gasoline---not likely to be seen as an impact in the short or medium term!
    Jun 18, 2015. 10:28 AM | 10 Likes Like |Link to Comment
  • Noble And Transocean: A Tale Of Two Drillers  [View article]
    The Jury hasn't voted yet. Let's look at the verdict in two years. Bookmark this article and see how the vote was.
    Jun 3, 2015. 12:13 PM | Likes Like |Link to Comment
  • Short interest in Zynga tumbles in early May  [View news story]
    Somethings going on.
    May 30, 2015. 09:39 AM | 1 Like Like |Link to Comment
  • Zynga up 3% as it launches new match-3 game  [View news story]
    Here's my take on ZNGA. It's gonna lock up those compulsive gambling types that are called "whales" for online gaming. I'm playing the Empires and Allies game and it's very much a gaming addiction game. I spent $99 for the gold to see how far it goes, and I'm constantly spending gold to speed up my results. Way to go ZNGA!
    May 28, 2015. 05:18 PM | 3 Likes Like |Link to Comment
  • Ensco: Bottoming Oil Prices Have Changed The Risk/Reward Ratio For Offshore Drillers  [View article]
    EnergyPoint Research Inc award. How meaningful is this anyway when negotiating multimillion dollar contracts over multi-years? Is this the Yelp of the oil world? Does ESV pay a little much like "10 Best Doctors" awards cost a little bit of change for the glossy picture? It is always touted by writers when commenting on ESV, but how relevant is this award anyway? (Maybe it's like the Academy Awards of Oil?) I don't know, but it sure looks like shuck.
    May 5, 2015. 04:42 PM | Likes Like |Link to Comment
  • The Last Two Oil Crashes Show Peak Oil Is Real  [View article]
    Good point of view, Author. Thanks. I concur with your thesis. Seems a lot of people reading it have hedgehogs in their brains and can't quite grasp what's been written.
    Apr 25, 2015. 09:24 AM | 2 Likes Like |Link to Comment
  • Apple Could And Should Diversify To The Renewable Energy Business  [View article]
    Diversify? Forget it. They need to get rid of that guy in charge of their software, fix all those annoying small bugs in it, and focus on their core products. Apple cannot do everything! It needs to do what it's known for absolutely perfect.

    Their new Photos that got rid of Aperture is a joke, and those bugs keeps me on the phone w/ Apple techs more hours than I care to spend.
    Apr 21, 2015. 10:07 AM | Likes Like |Link to Comment
  • Why Apple TV Is Fighting For Survival  [View article]
    I own a small suites hotel that is stuck with Comcast for the last 11 years. I've got fiber w/ 1Gbps, but I can't cut the cable as there are too many guests that watch HBO and ESPN on cable. We have to "program" the boxes as there are many defective ones or we install new equipment or a guest switches the one of two remotes running "tv" and the thing goes haywire.

    I am postponing a decision to switch to Dish as soon as I heard Apple was getting their TV act together. I am imagining something very straightforward. Am I expecting too much?
    Mar 24, 2015. 01:22 PM | 6 Likes Like |Link to Comment
  • Why I Am Finally Bullish On Zynga  [View article]
    Totally agree Simple, ZNGA is the leader in mobile gaming with a CEO that's looking at the future, not the quarter's results. They will get it right eventually. It is a lot of hard work. Long and strong.
    Mar 18, 2015. 10:00 AM | 2 Likes Like |Link to Comment
  • Unwinding The Mother Of All Carry Trades?  [View article]
    Thanks for the explanation of the carry trade. It helps to review the subject matter as it's very esoteric to me.
    Mar 17, 2015. 09:28 AM | 1 Like Like |Link to Comment
  • Why I Am Finally Bullish On Zynga  [View article]
    You were thinking, "ZNGAs gonna GAPP up after I put this article out."
    Mar 17, 2015. 08:40 AM | 3 Likes Like |Link to Comment
  • More on Apple's Web TV: What about NBC, basic pay TV channels?  [View news story]
    So why watch CNBC?

    Is it giving you good money making advice? Or is it just entertaining talking heads distracting you from your business? There is more "fluff, distraction and wasted time" on CNBC too, but it's the "fluff, distraction and wasted time" you must enjoy to not notice how much BS is on that show.

    Cut the cable completely and be more focused!
    Mar 17, 2015. 08:27 AM | 4 Likes Like |Link to Comment
  • Apple launches very thin/light 12" retina MacBook  [View news story]
    The transformer heats up pretty well too. I think I could cook an egg on it, just need to figure how to turn an egg on an Apple.
    Mar 9, 2015. 03:07 PM | 2 Likes Like |Link to Comment
  • Zillow's Data Does Not Bode Well For Future Case-Shiller Releases  [View article]
    apberustdisvet, the housing bust of the 2000s was a speculative frenzy driven by cheap money and the greed of all participants, banks and borrowers. What is a normal market does not include "everyone" as housing is not the best purchase for "all" people. That was political reasoning justifying loose lending.

    In one of the most expensive markets in the nation, Orange County, CA, housing recovered because there is a local economy that can support it. True with every other recovered markets. Real estate is local.

    If presumed first time buyers are overburdened, then maybe they should pay down their current debt before buying a house that could create a bigger burden when they decide to move. The middle class should not be defined by home ownership.

    And short away on the builders, because they understand the market better than you or I, and have survived one of the biggest RE busts in their lifetimes.
    Feb 28, 2015. 02:51 PM | 1 Like Like |Link to Comment