Seeking Alpha

marpy

marpy
Send Message
View as an RSS Feed
View marpy's Comments BY TICKER:
Latest comments  |  Highest rated
  • ArcelorMittal: A Safe Way To Play A Long-Term Steel Rebound [View article]
    One can only wish for a dip to $6! I would quickly double my position if it did but I doubt we will see that price.
    Jul 3, 2015. 07:49 AM | Likes Like |Link to Comment
  • ArcelorMittal: A Safe Way To Play A Long-Term Steel Rebound [View article]
    MT is probably the best bet in the steel industry. Steel has always been a cyclical business and we are now at the bottom of the cycle. It also looks Like A Harshaw is doing something about imports, overcapacity and rationalizing the north American operations. Laying off 2200 in Mexico is not good for the workers but if the Mexican government is not going to do anything about dumping, they need to realize that their are consequences to their steel industry.
    The recently purchased Calvert facility is also a very new finishing plant which should do a lot to help improve American operations. They got this for 20% of what it cost to build.
    I suspect that Greece is having an overly negative impact on MT as well. Greece will be over soon and should not have much economic impact on the rest of Europe.

    Long MT - JMO
    Jul 3, 2015. 07:48 AM | Likes Like |Link to Comment
  • Varoufakis promises to quit if Greeks vote for austerity [View news story]
    tell him to take Tispras (or ever his name is ) with him!!!
    Jul 2, 2015. 12:10 PM | 1 Like Like |Link to Comment
  • ArcelorMittal Mexico announces massive layoffs [View news story]
    Andy is an excellent leader and will get the North American operation on track.
    Jul 2, 2015. 12:06 PM | Likes Like |Link to Comment
  • ArcelorMittal Mexico announces massive layoffs [View news story]
    You have to send governments a message some how so know lets see what the Mexican government does about this situation.
    Jul 2, 2015. 12:04 PM | 1 Like Like |Link to Comment
  • TransCanada touts carbon reduction programs in latest Keystone push [View news story]
    The issue for me is not one of dealing with CO2 or pollution as dealing with these things is positive as long as its done in a common sense way. Common sense tells you that this world will need oil for a long time and that you do not shoot yourself in the foot by turning against your friends and a secure source of suply that is focused on environmental improvement. Common sense seems be sadly lacking in the oval office!
    Jul 1, 2015. 01:18 PM | 4 Likes Like |Link to Comment
  • Natural Gas Exports Ramping Sooner Than Expected [View article]
    ECA has been shifting their focus to oil but still have a huge gas component to them. Biggest producer in Canada and one of the biggest in the US.
    Jul 1, 2015. 01:07 PM | Likes Like |Link to Comment
  • TransCanada touts carbon reduction programs in latest Keystone push [View news story]
    Obama and his administration are just led around by the green clowns and lefties that have highjacked the Democrats which means that regardless of what common sense may dictate, he will never pass Keystone XL. As such we wait till 2016 when he will be history. In the meantime the industry has found numerous other ways to get the product to the Texas refineries and elsewhere in America - every thing from rail to alternative pipelines.
    Reality is that Keystone XL is the safest and most efficient way to get this oil to market but Obama seems to care nothing about reality and everything about those who feed big money to the Democratic party.
    Jul 1, 2015. 11:21 AM | 7 Likes Like |Link to Comment
  • The Tragedy Of Puerto Rico, America's Very Own Greece [View article]
    The sufferings in Greece and Puerto Rico are self inflicted. You can make all sorts of excuses but at the end of the day, the local governments are the ones that made the decisions that got them into this mess.
    Jul 1, 2015. 08:03 AM | 5 Likes Like |Link to Comment
  • ArcelorMittal: Why Investors Should Not Rule Out A Turnaround [View article]
    Steel has always been a cyclical business and we are now at the bottom of the cycle. With MT, you have the biggest steel company in the world with a lot of geographic diversification. They have restructured European operations and are in the process of doing the same in North America. When the cycle turns, MT should do well. Long MT.
    Jul 1, 2015. 07:46 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greece On Verge Of Default [View article]
    With the exception of Greece and Puerto Rico, all the others are moving in the right direction. Greece and Puerto Rico both need a kick in the rear end so that all the other get a very clear message. With the Euro, regardless of which way Greece goes, it is in trouble and a major re work of the rules will be required. To easy on Greece and its over for the Euro as no one will want to hold it long term as there will be a line up of others looking for easy terms. Regardless, the current situation shows that their are major problems with the Euro and major structural reforms are required if it is to survive in the long run. Once Greece is over, the real work starts for them.
    Jun 30, 2015. 08:42 AM | 7 Likes Like |Link to Comment
  • Movement detected in Greece negotiations [View news story]
    Giving to much to Greece means Euro = toast. The events to date already mean that without a major rework of the rules Euro will be toast regardless if which way Greece goes.
    Jun 30, 2015. 08:22 AM | 1 Like Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    Just like the bar room drunk that got dragged to the door and tossed out any way!!
    Jun 29, 2015. 06:59 PM | Likes Like |Link to Comment
  • WSJ: Greece won't pay IMF tranche due tomorrow [View news story]
    It was priced in but the markets do over react and the traders just love volatility and so help the over reaction right along. Bargain time!
    Jun 29, 2015. 03:41 PM | 1 Like Like |Link to Comment
  • WSJ: Greece won't pay IMF tranche due tomorrow [View news story]
    They should have never been let into the Euro in the first place!!
    Jun 29, 2015. 03:40 PM | Likes Like |Link to Comment
COMMENTS STATS
1,207 Comments
2,462 Likes