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Chancer
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  • Meet The Shale Oil Play Where Producers Are Receiving $67.50 Per Barrel  [View article]
    I have suggested that the US government take similar action to protect the US oil industry by setting the internal US price at something like $60.
    Feb 13, 2016. 09:12 AM | Likes Like |Link to Comment
  • Bank Of America: Putting In A Limit Buy Order At $10  [View article]
    Achilles:

    I own enough of BAC at $14.17 and was planning to just sit tight. However, if it drops below $10, I might add 50% more.
    Feb 12, 2016. 10:00 AM | 2 Likes Like |Link to Comment
  • Seadrill: Betting On A Comeback  [View article]
    I believe that JF has also purchased a lot of the debt at a discount.

    It is possible in the future that he may use his considerable muscle to convert that debt into stock thereby diluting shareholders.

    But at least the shareholders probably will not get wiped out in a bankruptcy.
    Feb 11, 2016. 09:05 PM | 2 Likes Like |Link to Comment
  • S&P downgrades junk ratings on 25 oil and gas producers  [View news story]
    IMO, what the Feds should do- but not possible under Obama- is to set a price for US oil within the US- like $60 for sale and US use- keeping exports out as long as US oil was available at $60. That would save US E&P at a reasonable gas price. US oil could export their excess to compete at lower world prices.

    If we even announced such a policy, the Saudi's might stop, because they could not sink US E&P.

    This would also stabilize the stock market which is being rocked by lower oil prices.

    Free marketers will not like this as price controls. My view is we need to respond to a foreign government (Saudi Arabia) that attacks our industry.
    Feb 10, 2016. 10:42 AM | 2 Likes Like |Link to Comment
  • Fortunes of several pipeline giants are intertwined with Chesapeake's woes  [View news story]
    This is over blown to manipulate share prices.

    They have to ship in bankruptcy and they have to ship after bankruptcy by the new management. If the price is too low, the pipeline can refuse to ship. Why should pipeline be forced to do business at a loss when they are not the one in bankruptcy.
    Feb 9, 2016. 07:52 PM | 23 Likes Like |Link to Comment
  • Treatment benefit of Cytori's lead product candidate unclear in mid-stage study in arthritis of the knee  [View news story]
    Ray of hope for a failing biotech.

    Better than nothing.
    Feb 8, 2016. 10:55 AM | Likes Like |Link to Comment
  • Russia Calls Saudi Arabia's Oil Supply Cut Bluff - Saudis Fold  [View article]
    There is now ample evidence that the current problems in the very volatile and depressed stock market are at least partly caused by the very low oil prices.

    The US government should take steps to protect our oil industry from the price war attacks by a foreign government- Saudi Arabia. We should set a (flexible) price (for example $60) for purchasing US domestic oil and require refineries to use that oil for US consumption as long as that supply is available before accepting outside cheaper imported oil. US oil could also export their excess oil at cheaper world prices. This would make Saudi policy ineffective against US E&P, and might cause them to stop this policy. In fact, if the US just stated a plan to do this, the Saudi's might stop.
    Feb 6, 2016. 11:17 AM | 1 Like Like |Link to Comment
  • Is Linn Energy Going Under?  [View article]
    Adios. So long. NOT good to know ya.
    Feb 5, 2016. 09:20 AM | 4 Likes Like |Link to Comment
  • Statoil to fund spending with scrip dividend  [View news story]
    Probably good deal to STO shareholders as share prices are so cheap.
    Feb 4, 2016. 12:46 PM | Likes Like |Link to Comment
  • Trans Mountain pipeline risks are manageable, oil companies tell NEB  [View news story]
    This is what I said. Canadian oil companies should SELL this to the Canadian government- not KMI.
    Feb 3, 2016. 08:02 PM | 7 Likes Like |Link to Comment
  • How Could Tesla Offer The Model 3 For Only $9,500?  [View article]
    The author sure used a lot of baloney to fabricate a fake price of $9,500.

    What's the price of lithium batteries failing in a blizzard, or catching your car and perhaps you yourself on fire?

    In 2013, I bought a new Jeep Patriot for $16,738. I think I will stick with that.
    Feb 1, 2016. 10:12 AM | Likes Like |Link to Comment
  • Northstar Realty Finance And The Simple Story  [View article]
    NRF has been recommended as under valued.

    It is an under valued mess.

    Maybe it gets fixed.

    Or maybe it gets even worse.
    Jan 29, 2016. 09:06 PM | Likes Like |Link to Comment
  • Why Ford Is More Than Just A Great Income Stock  [View article]
    Ford has traded in a small range of $11 to $15 for years.

    Hold for dividend as likely to NEVER breakout higher- unless they build a car that goes to Mars.
    Jan 29, 2016. 10:10 AM | 1 Like Like |Link to Comment
  • Kinder Morgan upgraded at Credit Suisse, which sees 40% upside  [View news story]
    Storage lasts as long as there are empty tankers to store it in.
    Jan 28, 2016. 06:16 PM | Likes Like |Link to Comment
  • Kinder Morgan upgraded at Credit Suisse, which sees 40% upside  [View news story]
    How can you say "NEVER." I have successfully averaged down many times- but not all the time.

    And if you think this "gambling" is so bad, why do you still do it?

    I plan to average down on most of my energy stocks, when I feel they are near bottom. I believe they will recover at least somewhat, but not to where I originally purchased for a long time if ever. If I average down and they recover by 1/2, I can sell at or near breakeven and reduce my loss.
    Jan 28, 2016. 06:11 PM | Likes Like |Link to Comment
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