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39 Comments
Electric Cars for 2010: Shift from Foreign Oil to Riding on Local Renewable Energy [view article]
Take a look at aptera.com. $30,000 - 3 wheel classified as motorcycle. Pre sold 1300 vehicles 2008 production available in CA only. Full electric has range of 120 on charge. Hybrid gets 300 mpg for first 120 miles until batteries are dis-charged. Thereafter, on gasoline gets 130 mpg. Secret is aerodynamic design with no air drag. It looks like a small airplane cockpit w/o wings and tail. From back, looks like flying saucer. If this engineer can do it, many others can. He was financially backed by Pimco's Bill Gross (his IdeaLab). I expect many more such vehicles within 5 years. When will the majors auto cos. get serious?By the way, they need to be working on zinc batteries. The world supply of lithium is not sufficient to supply high demand for battery operated vehicles. Jun 05 08:24 PM
Is Invading Venezuela a Good Way Out of an Oil Crisis? [view article]
Commenting that the whole world "hates us" because of the free speech comments of one columnist makes as much sense as the whole world hating Saudi Arabia because of the actions of Osama Bin Laden.Invading VZ is an interesting idea, but won't happen. The US policy toward Chavez should be to totally ignore him (he will have a hissy fit) unless he is acting against his neighbors, like Columbia.
Better to concentrate on oil alternatives and increasing mileage with hybrids.
I read yesterday about the 3 wheel aerodynamic $30K Aptera; 300 mpg for the hybrid; 120 miles on charge for the all electric. Look for more cars like this over next 5 years. May 27 02:06 PM
Kinder Morgan Energy Partners - Dividend Analysis [view article]
For those who don't need the cash, I prefer KMR which pays its dividends in more shares. Your cost basis goes down every quarter when you receive the stock dividend. You pay no taxes until you sell your shares. The biggest "problem" is fractional shares that most brokers pay in cash. A few brokers accumulate the fractional shares for more full shares. May 21 12:55 PMThe Risks of an Argentine Financial Crisis [view article]
I was in Argentina in 1982 when the peso was at 1 to 1 parity with dollar. Altho Argentines loved this, there was high anxiety that it would not last.Of course, they were right. Having lived in South America, periodic devaluations are to be expected. We always kept spare cash in dollars and significant savings outside the country.
Even dollar bank accounts that "guarantee" repayment in dollars can be retroactively changed to rerpay in local currency. May 20 12:53 PM
Kinder Morgan Suffers Mounting Oil Losses [view article]
Kurt Wulff never misses an opportunity to write something negative about Kinder Morgan. Unfortunately, he has done it so often, it is a bit like the "boy who cried: Wulff! Wulff!"If this were written by anyone else, it might have some credibility worth considering. May 20 12:16 PM
Central Sun Mining: When the Dust Settles, Juniors Will Shine [view article]
Any time a manager like Peter T. screws the old shareholders to give the bulk of the company's assets to investors with new money to pay for his mistakes, he has little incentive to perform.If Peter T. screws up again, he will do the same trick again and again.
The failure of Glencairn should have included Peter T. resigning or being fired by the board.
Plenty other places to risk your money. Not with a management that screwed the shareholders before. May 17 07:23 PM
Central Sun Mining: When the Dust Settles, Juniors Will Shine [view article]
In any stock, management is key. Peter Tagliamonte really screwed Glencairn shareholders with a reverse split for the benefit of himself and new investors and then changed the name to Central Sun Mining. IMO, Peter T's bad management got Glencairn into the mess they were in.Once management resorts to such blatant disregard for shareholders, I would NOT touch an investment with that management again.
There are many other juniors to risk your money in with potential just as good, if not better, that have not treated shareholders so badly. May 16 06:02 PM
Lost Cities: Mapping U.S. Airports Losing Air Service [view article]
How about combining new and old tech with a fleet of blimps to service the smaller airports where airlines don't want to go?Power the blimps with hybrid (electric/gas engines). Sure, they are slower and carry fewer passengers, but the lower cost and fuel efficiency should be a real improvement. You could also re-charge the batteries by plugging at the airport during all that wait time.
New tech from old tech, a new industry, and the smaller airports can still be served. May 15 12:25 PM
San Juan Basin Royalty Trust: Earnings Estimates Are Too Low [view article]
yank:I won't let the libs drive me out of the market into 2% CD's. Actually, history does not show that the market does bad under democrat admininistrations. The dems cannot change the tax code without congress.
Besides, most of my mutual funds are international, energy, and commodities. My individual stocks are mostly in mining.
The dems may hurt some but not all investments. May 13 12:35 PM
You Need Junior Miners in Your Portfolio. Period. [view article]
six:Your rants make no coherent sense.
I stand by my post and warning: Stay away from any miner that Peter Tagliamonte is involved in.
If you and others want to throw your money away backing Peter T, you have certainly been warned, and you can choose to lose.
You came here (as I believe I have seen you before) to pump Peter T's miners.
There are many other choices. Why gamble with Peter T.?
May 13 11:49 AM
You Need Junior Miners in Your Portfolio. Period. [view article]
six17:I would not invest 1 cent in any miner where Peter Tagliamonte in involved. Peter destroyed all shareholder value in Glencairn, predecessor to Central Sun Mining. It was Peter's horrible bad management that wiped out Glencairn. Peter is a walking disaster. Maybe, he is not dumb. Maybe, it was deliberate and profitable for him. But the shareholders lost big time. New investors in Central Sun got all the value when they changed the nane. Peter specializes in "pump and dump" mining companies. May 12 01:52 PM
Sell in May and Go Away? [view article]
Voice of Reason:The lack of sun spots is predicting unusual "cooling" in future.
Does that mean a "cold" market vs. a "hot" market?
Maybe, I should write a book about it, and get rich. Ha! May 02 04:39 PM
Jim Rogers' Picks and Pans - Barron's Interview [view article]
Remember guys that Rogers has an agenda here.He is tauting the investments that he makes to bring in more buyers so that his investments will go up more.
When he tells people to sell, he already sold. Then he will buy back in when everyone else is selling.
After all, his background is hedge funds. Apr 14 11:25 AM
Yamana: Stock Down on Concerns about Costs and Forecasts [view article]
Stay away from Central Sun Mining and anything with Peter Tagilamonte in it's management. Investors lost a ton of $ on it's predessor: Glencairn due to Peter T's management and that was Peter's failing management team.Rendon is just pumping here because he still owns a ton of the stock after the huge reverse split of Glencairn into Central Sun. Both companies were "pump and dump." Apr 07 04:45 PM
Sprint's Hesse Continues to Show Leadership but Doubts Remain [view article]
So, are you saying things are not well at Sprint? Mar 28 02:52 PM