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  • Halliburton Hit By Higher Than Expected Guar Gum Prices.  [View article]
    I have a very sizeable position at an average cost of $29.81. Today was an extremely good buying opportunity on a great company that is well positioned globally. I am holding until ~next Spring. I am thinking $50+ a share then.
    Jun 6, 2012. 11:45 PM | 1 Like Like |Link to Comment
  • More on Halliburton (HAL -0.3%): Lowers its forecast for North America margins in its operational update, citing higher costs for guar gum as a result of its expansion of oil and liquids-related activity in North America. Guar gum is an agricultural commodity used as a blending additive to its fluids utilized in hydraulic fracturing. Margins are expected to be impacted by an additional 300 basis points more than previous guidance of 200-250 basis points.   [View news story]
    Buying opportunity?
    Jun 6, 2012. 03:31 PM | Likes Like |Link to Comment
  • Michelle Obama backs the proposed ban in NYC on large-sized soda drinks before issuing a statement later on detailing that she didn't quite mean to enter the debate. At this point the uproar in the Big Apple has taken much of the steam out of any move to adopt any federal framework to limit soda sales, helping analysts keep forecasts in place for a beverage industry powered by the American consumer who drinks a whopping 43.5 gallons of soda a year on average.  [View news story]
    Anyone who annually drinks 43.5 gallons of acidified sugar water should be assessed a stupid tax that could be used to offset the expense of their diabetes treatment.
    Jun 6, 2012. 09:40 AM | 1 Like Like |Link to Comment
  • Bakken Update: Continental Resources' Well Results Are Getting Better  [View article]
    Agreed. I bit at 7.33 for KOG on Friday.
    Jun 2, 2012. 03:21 PM | Likes Like |Link to Comment
  • Amidst the commotion over what the sell-side told favored clients ahead of the Facebook IPO, Jeff Matthews points out the company's revenue growth (publicly available) has been sliding sharply for over a year. Maybe a bigger warning sign, Zynga - the equivalent of a hot-dog vendor in Yankee Stadium (FB is The Stadium) - is slowing at an even sharper rate. "People wanted to buy Facebook, no matter what."   [View news story]
    Boy howdy. You nailed present day America. Ninnies on the Left and Ted Nugent on the Right.
    May 23, 2012. 10:23 AM | Likes Like |Link to Comment
  • Roger Lowenstein pens an epic love letter to Ben Bernanke in The Atlantic. "The left hates him. The right hates him even more. But Ben Bernanke saved the economy - and has navigated masterfully through the most trying of times." Whatever one's opinion of the man thankfully not yet being called "The Maestro," stuff like this tends to come a lot closer to market tops than bottoms.   [View news story]
    Like it or not, Bernanke steered the economy away from the rocks.
    Mar 14, 2012. 10:55 AM | 4 Likes Like |Link to Comment
  • A few bulls switched over to the bearish side, according to the AAII sentiment survey for the week ended March 7. The percentage of bulls decreased by 2.1% to 42.4%, matched by an increase in the bears to 29%. Bullish sentiment remains well below the frothy 50%+ levels seen in early February.   [View news story]
    Sell in May and walk away until October.
    Mar 9, 2012. 02:55 PM | 1 Like Like |Link to Comment
  • Crude oil hits another multi-month high, with the U.S. benchmark WTI at $106.36, a price not seen since May. The world benchmark, Brent crude touches $124 - priced in euros, Brent has taken out its epic 2008 high.   [View news story]
    Exactly, Paris. Carp about gas all you want, if you don't understand investing oil isn't easy money over the next ~15 years, you shouldn't be investing.
    Feb 23, 2012. 11:25 AM | Likes Like |Link to Comment
  • Top Q4 Undervalued Buys And Sells Of David Tepper's Appaloosa Management  [View article]
    I suppose, I guess. Funny thing is that I am +14% on my shares of WNR.
    Feb 16, 2012. 08:50 AM | Likes Like |Link to Comment
  • On the hour: Dow -0.84%. 10-yr +0.14%. Euro -0.53% vs. dollar. Crude +1.04% to $102.14. Gold +0.59% to $1727.75.   [View news story]
    I'm in oil and LNG. I made a decent chunk today. Not the thousands per day I have been making this year, but certainly green
    Feb 15, 2012. 04:36 PM | Likes Like |Link to Comment
  • The Correction Cometh - And Everything You Need To Know About Why  [View article]
    I think you are grossly overstating things. 2012 is going to be classic, "Sell in May and walk away". Then, get back in in October.
    Feb 15, 2012. 01:56 PM | 2 Likes Like |Link to Comment
  • Why now? The loud cover of Barron's calls for Dow 15K in 2013. The corresponding article relies on data from Jeremy Siegel, whose Stocks for the Long Run came out while the 1990s run was still a wholesome bull market. His message eventually got twisted into an "all stocks, no matter the price" mantra, with others publishing Dow 36,000 to mark the epic top.   [View news story]
    Why?
    Feb 11, 2012. 01:54 PM | Likes Like |Link to Comment
  • Alan Greenspan puts up a spirited defense of free-market capitalism in an FT op-ed, noting that whatever "imperfections" capitalism may have, no other economic system "has succeeded in meeting the needs of its people."   [View news story]
    I don't think anyone is really debating the efficacy of capitalism. Rather, the version that is being practiced in America is being questioned, and rightfully so.
    Jan 26, 2012. 07:45 AM | 2 Likes Like |Link to Comment
  • The End of Growth In The United States  [View article]
    I certainly agree with this. The large corporations have all the power in the world to turn the US economy around, simply give people jobs. Spending will increase (as will demand), the housing market will stabilize and on and on.
    Dec 8, 2011. 09:48 AM | Likes Like |Link to Comment
  • After staying silent amid the all the furor surrounding MF Global's (MFGLQ.PK) collapse, Jon Corzine is due to appear today at a House committee hearing to speak about his role in the fiasco. He will apparently read a statement but it's otherwise unclear whether he will answer questions or invoke the Fifth Amendment.   [View news story]
    It would be hard for him to plead the 5th if the soles of his feet were being hit with a bamboo cane. Just saying is all.
    Dec 8, 2011. 06:15 AM | Likes Like |Link to Comment
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