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  • What's Next For BP Following The $18.7 Billion Settlement? [View article]
    the way bp went up thursday, i think alot of people who were short bp covered.
    Jul 3, 2015. 01:46 PM | Likes Like |Link to Comment
  • Report: California oil spill gushed like "hose without a nozzle" [View news story]
    i don't blame you for being angry. but i don't think how far the oil traveled has to do with paa oversight. remember, the time frame the gov't is contesting with paa is hours, not days, not weeks. about 3 hours.
    the amount of oil that leaked out of the pipe is about 5 swimming pools worth. the pipe was shut down in hours.
    so i don't think its oversight. now management of the spill might be a problem. i'm no expert, but i thought they could scoop up all the oil that was floating down from the spill site. and it seems to me like there has been plenty of time to do it.
    is the oil actually on the beach at your home?, or are they just letting it float on out to the middle of the ocean where nature will dissolve it?
    Jun 29, 2015. 08:24 AM | Likes Like |Link to Comment
  • Leaner ConocoPhillips Poised To Capture Oil Recovery And Is Trading At 38% Discount [View article]
    i hope you are right. i'd be happy if cop would just go back to 70
    Jun 27, 2015. 11:56 AM | 6 Likes Like |Link to Comment
  • Report: California oil spill gushed like "hose without a nozzle" [View news story]
    that was funny.
    Jun 27, 2015. 08:02 AM | Likes Like |Link to Comment
  • ConocoPhillips: Wait For $60 [View article]
    ive been selling weeklys on cop for a long time. but here lately premiums are getting so low as to not be worth it. but i may just go out to the july standard date. one thing to remember, cop has a quirky dividend ex date schedule. if things go like in the past, they should have their next ex date near the last week of july instead of in august.
    Jun 24, 2015. 08:56 AM | Likes Like |Link to Comment
  • BP downgraded, Shell upgraded at RBC [View news story]
    i agree but i like boosting returns with covered calls. as bad as the premiums are with bp, they are virtually non existent with rds.b
    Jun 24, 2015. 08:51 AM | 1 Like Like |Link to Comment
  • ConocoPhillips: Wait For $60 [View article]
    when you say shorting, you mean you are selling 62.00 strike puts?
    Jun 23, 2015. 09:16 AM | Likes Like |Link to Comment
  • Plains All American Pipeline Q1 earnings, revenues fall sharply [View news story]
    you make a great case for a lawyer etf fund.
    Jun 19, 2015. 08:44 AM | Likes Like |Link to Comment
  • There Are 4 Reasons AT&T Is Creating Separation From Verizon [View article]
    also vz didn't fall until jpm lowered the rating to a hold and elevated T to a buy.
    but i do think the author makes some very good points.
    i changed my entry to T from 32.62 to 33.62.
    Jun 19, 2015. 08:33 AM | Likes Like |Link to Comment
  • BP's Business Economic Loss Claims - Time Is Up [View article]
    i'm glad you came back and admitted you were wrong. i give you props for that
    Jun 15, 2015. 06:36 PM | 7 Likes Like |Link to Comment
  • Chevron: A SWOT Analysis [View article]
    i was underwater on cvx. i actually bought it in november at 117.00 a share. selling covered calls like a commenter above, i lowered my cost all the way down to 111.83. but then this last 10% nosedive in the last 3 weeks caused me to capitulate. i finally threw in the towel and sold friday at 100.02. i immediately bought cop. i wanted to be in energy stock just in case it goes up. but i am staying out of cvx for 31 days to get the loss for tax purposes. i may buy cvx back after the 31 days.
    Jun 14, 2015. 09:07 PM | Likes Like |Link to Comment
  • Petrobras Debacle Ensnares National Oilwell Varco; $3B Contracts To Be Cut By 60% [View article]
    i had just bought the stock at 48.92. the stock fell to 48.10 or so in an hour or two. i could not figure out why. it very well may be because of your information. however on wednesday, the stock powered back up to 49.24. and that is from 47.66 because the dividend had been taken out. today nov is back down 1.24% to 48.59. but hal is down 1.35%. slb is down a little over 1% as well. so i am not sure nov is going to fall like you believe. plus the dividend is the best of the drilling equipment companies.
    Jun 11, 2015. 04:34 PM | Likes Like |Link to Comment
  • Plains All American is defended by some portfolio managers, analysts [View news story]
    just pay the fine, and add a surcharge to every gal of oil, pumped in california as a surcharge for added risk. hopefully they've already been doing it.

    what would be interesting would be to see if calpers has added any paa to their pension fund during this down turn in share price. california could actually run a fear monger scam, calpers buy the stock on the cheap, and get our of californias true quagmire of poorly funded pensions. nobody would ever know, and nobody would ever even ask.
    Jun 11, 2015. 08:48 AM | 1 Like Like |Link to Comment
  • Plains All American said California oil spill was "extremely unlikely" [View news story]
    or they could buy general liability insurance. this way they could afford to insure 1000 times the amount that they could purchase a bond for.
    Jun 11, 2015. 08:40 AM | 1 Like Like |Link to Comment
  • Plains All American said California oil spill was "extremely unlikely" [View news story]
    it hasn't been cleaned up yet? there was not that much oil. 100,000 gallons, not barrels. and most of that was out in the ocean. it should have been scooped up before it ever got to shore, if it ever would. i'm surprised its not 100% cleaned up. your observation makes it sound like nothing has been cleaned.
    Jun 8, 2015. 02:34 PM | 1 Like Like |Link to Comment