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Semantics

Semantics
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  • In victory for oil industry, EPA proposes lower renewable fuel quotas [View news story]
    Someone questioned why the PEIX share price bumped up on this news, since they are primarily an ethanol producer. It happens that their shares have fallen big-time over the past few weeks (on rumors?). So perhaps having expected worse, the shares jumped on less-than-total elimination of the ethanol mandate. Just guessing.
    Nov 17, 2013. 01:02 AM | Likes Like |Link to Comment
  • In victory for oil industry, EPA proposes lower renewable fuel quotas [View news story]
    Yes, the PEIX share price bumped up on this news, since they are primarily an ethanol producer. It happens that their shares have fallen big-time over the past few weeks (on rumors?). So perhaps having expected worse, the shares jumped on less-than-total elimination of the ethanol mandate. Just guessing.
    Nov 17, 2013. 12:57 AM | 1 Like Like |Link to Comment
  • Baidu Maintains Tendency To Reverse Earnings-Driven After-Hours Trade In Next-Day Action [View article]
    18/26 + 8/26 = 26/26 = 100%, not 97%
    Apr 24, 2012. 02:57 PM | Likes Like |Link to Comment
  • BP - A Great Company At A Low Price [View article]
    I agree with your recommendation for BP long. However, your narrative on the price history of BP since the great spill needs some qualifier. Price did not plummet immediately from $60.48 after the rig fire started on April 20, 2010 since the full extent of the non-human part of the tragedy wasn't realized for a couple couple months. Price reached a nadir of $27.02 on June 25, 2010. Price has not "languished" around $27 since the spill at all, as it was recovering quite nicely even before the well-head was capped in late July of that year. Nor has the stock "underperformed XOM and CVX by 50% in that time span.". Rather, BP's price has gained 63% vs. XOM's 45% and CVX's 52% from the that low point. BP used to have a huge dividend, but was involuntarily forced to halt it for almost a year. Even now it's dividend betters XOM and CVX. Quite the human tragedy, regardless.
    Apr 5, 2012. 12:28 AM | 1 Like Like |Link to Comment
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