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BillJK

BillJK
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  • Warren Resources: Hidden Value Of Coal-Bed Methane Assets Will Cause Shares To Double By 2015 [View article]
    Take notice of DBLE, name changed to ESCR, Escalera Resources, a micro cap. Have the assets, needed new management. Finally have gotten it. This also may be a sleeper.

    Bill K
    Apr 8 12:55 PM | Likes Like |Link to Comment
  • Did The Fiscal Stimulus From 2009 Work? [View article]
    As stated above, much of the stimulus was wasted on tax cuts for the wealthy. Shovel ready funding could not get past the conservatives.
    Feb 22 05:29 PM | Likes Like |Link to Comment
  • Double Eagle Petroleum's CEO Discusses Q2 2013 Results - Earnings Call Transcript [View article]
    I find the overall tone positive. Problems have occurred but have been resolved. The Nobarra well is still somewhat of a mystery to the stockholders. DBLE mgt has always been terrible at communications. The M & A issue is positive. Assets have never been reflected in market valuation - mgt communication issue. The asset play is why I've owned this company, certainly not for the mgt.

    Bill K
    Aug 10 12:55 PM | Likes Like |Link to Comment
  • Home Prices - Is The Boom Back? [View article]
    The middle class is becoming a low wage middle class. This will moderate rises in real estate prices.
    Feb 9 04:05 PM | Likes Like |Link to Comment
  • Eliminating The Debt Ceiling Wouldn't Cause Interest Rates To Surge [View article]
    The Fed debt will never be repaid completely. However, it should be brought down to 40% to 50% of GDP. Most corporations have outstanding debt to finance future benefits.The government also incurrs debt for future benefits, such as infastructure and defense installations. Think of the government budget as two parts, an operations budget and a captial budget. The objective is to match current revenue (taxes) with current operations and issue debt for longer term items. Two unfunded wars, the Bush tax cuts and the economic collapse has caused the current budget imbalance.
    Also the debt allows the Federal Reserve flexibility to vary the money supply to stablize the economy.
    Dec 12 12:03 PM | Likes Like |Link to Comment
  • Will Natural Gas Change Direction And Fall? [View article]
    I noticed three major "ifs" in the last paragraph. The "ifs" could have been oppositely stated to forecast an increase demand for NG.
    Some one has said that predictions are very difficult, especially about the future.
    Nov 5 01:45 PM | 1 Like Like |Link to Comment
  • Natural Gas: Movements Into Storage Suggest Glut Will Soon Disappear [View article]
    Good article Mr. Wallace, because it agrees with my opinion (just had to say that). I have been tracking the NG glut from beginning of April to latest numbers. Glut has decreased from 60% to 19% in 14 weeks. That is an average decline of 2.93% per week. IF THAT TREND continues, in 7 weeks we will be even with the 5 yr avg.
    Jul 18 06:34 PM | Likes Like |Link to Comment
  • On Leaving Goldman Sachs... [View article]
    "Where are the clients yachts?"
    Mar 15 02:16 PM | 1 Like Like |Link to Comment
  • Double Eagle Petroleum Co. Updates 2011 Exploration and Development Projects [View article]
    DBLE is a great value play. I'm a fundamentalist, have been long in this stock for a while. NAV is about $15.00/share and that excludes Christmass Meadows - currently being evaluated by a large partner for the past year- and excludes the Niobrara acreage that is currently being tested. It's a micro cap and is a roller coaster ride. Unfortunately, communications skill is not a mgt attribute.
    Jan 9 01:51 PM | Likes Like |Link to Comment
  • Still No Recession On The Horizon [View article]
    Housing as evryone knows is the real drag on the economy. Refinancing at today's lower rates would certainly give us a boost. More money in consumers pockets.However LTV stymies the refinancing. Fanny & Freddie own or insure about half of existing mortgages. If existing mortgages remaining balance could be refinanced at lower rates regardless of LTV, everyone would benefit. Balance sheets would not change, foreclosures would decrease and property values would tend to stabalize. Of course we would still be stuck with over valued properties but time would be on our side to wallow through.
    Dec 22 12:43 PM | Likes Like |Link to Comment
  • Myth Or Reality: Household Balance Sheets Are As Healthy As 2006 [View article]
    Household income and debt servicing is decreasing consumer purchasing ability. We need to increase household purchasing ability - more cash in their pocket. Many mortgage holders are "under water" and cannot take advantage of refinancing at a lower rate.
    Fanny and Freddie could allow their clients to refinance at a lower rate regardless of LTV ratios. The loan value on the books would not change, default rates would improve, real estate values would tend to stablize - less foreclosures, less houses on the market.
    Thus far other schemes to aid the housing market and lighten household debt burden have not worked.
    Oct 12 12:21 PM | 2 Likes Like |Link to Comment
  • Chesapeake, Encana And Sandridge Signal Improving Natural Gas Prices [View article]
    Macthe floorguy, I absolutely agree with your comments. Another low cost producer is (DBLE) Double Eagle Petroleum. Like Peyto it is under valued. However management communications with investors need some improvement.
    Sep 15 05:12 PM | 1 Like Like |Link to Comment
  • Making Sense Of The Philly Fed 'Doomsday Reading' [View article]
    A friend works for a company (Kennametal) that produces the cutting tools for machine tools (lathes, etc). They are doing a robust business which confirms the rise in the industrial production index. Unfortunately, our media "now more than ever", emphasizes "If it bleeds, it leads"
    Aug 25 06:08 PM | Likes Like |Link to Comment
  • The Lithium-Ion Battery Glut Will Be Massive [View article]
    I appreciate your analysises Mr. Petersen. You are a realist. In the past week I'm sure the annoucement of GM to sell a Chevrolet Cruz equipted with a diesel engine, 50 mpg, has not gotten by you. That should certainly cause consumers to question hybrid technology. This will obviously affect battery demand.I'm waiting for Chrysler/Fiat to market a cng. By the way Tesla closed there show room in Boulder, CO
    Jul 15 04:03 PM | 1 Like Like |Link to Comment
  • Who Should an Investor Believe: The Natural Gas Industry or The New York Times? [View article]
    Shale gas is not economical to produce at tday's prices ($4 - $5). Production to date has been for lease holding and exploration. prices at $6 - $8) will make it viable. There are some sweet spots that can compete at current prices but the industry needs the higher price to contnue. It's still less than oil equivalent. It's the cleanest fossil fuel and will be the bridge to future fuels.
    Jul 8 05:13 PM | 1 Like Like |Link to Comment
COMMENTS STATS
31 Comments
23 Likes