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benitus

benitus
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  • Walter Energy: Is Bankruptcy Around The Corner? [View article]
    Ghost....I'm a gambler, a very successful day-trader with a private investment fund comprising of high-value members by invitation only, but most of my trading is done by two of my adult kids, so I engage in highly speculative transactions, and I tell people who know me well never to do what I do, instead do what I tell them to do, which is not often.

    I don't care whether will I incur significant loss with WLT because I've made significant profits trading WLT before it sank into the depths of hell, so I can afford to lose it all, even if it goes into bankruptcy. Being the betting man that I am, I'm playing with WLT for the fun of it. So far, I'm holding my own, making some significant trades every time it crossed $1.15 and buying back when it dips below $1.00, which gives me a decent profit (15% gross) since I trade in volume. If WLT survives 2015 with reduced losses, then the future augurs well for a recovery.

    I don't know what would you consider as "bashing"? Does the person you bash (which is quite often, judging by your posts) have to bleed before you consider it as bashing? In my books, when you join another person to add fuel to fire, you're bashing me, period. Maybe, my skin isn't as thick as yours and I do hurt btw when I'm bashed. To my mind, bashing is not simply disagreement, which is welcomed, but insult, vitriol, ridicule, rudeness, etc., etc. (I hope you get my drift) that will be met with push-back, which is my right of reply. It's not hip to attack anyone.

    I've never in my life condemned anyone but I often get condemned a lot for my sincere views, especially from lazy and opiniated liberals (I'm a redneck conservative and a veteran of many years), which I resist and fight back, as I've never run away from a fire-fight, except for tactical reasons. BTW, don't think that you're right when you call anything a "green pickle" because that would smack of arrogance.

    So, 'nuff said, now that you've said your piece and I've said mine, I would suggest we retreat to our own corners and lick our wounds because nobody wins in any dispute. If you choose to come at me again, which some had stupidly done so in the past, please know that I can give as much as I get, maybe more. Rather than bore everyone on this post to death, especially with childish remarks, we should be man enough to put this dispute behind us and enjoy what's left of our limited lives. My days are numbered, so I have no wish to waste any more of it on you.

    Have a wonderful and blessed day. May you prosper and live long. May your loved ones find fulfillment and success in all their endeavors.
    Feb 26, 2015. 08:55 AM | Likes Like |Link to Comment
  • First Solar: Well Positioned For The Future [View article]
    Thanks for the input and information. However, your article did nothing much to add to what is already known out there. Sounds more like a summary, rather than some significant research. Could've done better, so somewhat disappointed.
    Feb 25, 2015. 12:15 PM | 1 Like Like |Link to Comment
  • Walter Energy: Is Bankruptcy Around The Corner? [View article]
    Charbon....from all your past comments (in other posts), I had always regarded you as a fine gentleman, so I don't know what brought about that remark to brand my humble comments as "baloney", which is a very strong word in my vocabulary, as it suggests dishonesty and inaccuracy. Your denial of bashing me seems to be dishonest in that regard and yet, you continue your dislike of me by saying that I'm the one doing the bashing when all I did was to defend myself and to plead for civility, so you have shown yourself to be unable to admit that you went too far in your criticism of me and my humble remarks.

    Further, your continued reliance on WLT's statistics to make your case doesn't qualify you to be judge and jury of my contention that U.S. met coal is not as good as that of Vietnam's. You seem to be blowing the horn of WLT (I own boatloads of WLT btw, so I'm not a WLT-basher), rather than to do some research for some independent facts about met coal. I've made money trading coal, which you didn't. So, if you don't know what you're talking about, don't be too quick to condemn another person for his comments, and to make it worse, deny that you've done so.

    BTW, I've never said anything about WLT's coal. All I said is that, going by my experience of 25 years ago, U.S. met coal is low-quality, not the lowest. If my memory serves me correctly, the quotes that I received from U.S. coal producers at the time specified the calorific value to be less than 6,600 (as low as 5,400). I can't remember specifics about ash and sulfur content but I do believe that they are higher than other overseas suppliers at the time. Maybe, U.S. producers have improved their quality since that time but it doesn't matter.

    Anyway, rather than bore everyone else to death, you've said your piece and I've said mine, so let's put this matter to rest. Just remember that I can dish out as much as I get because I didn't get to be successful in my trading business by failing to stand my ground. I'm going to walk away from this dispute, so please don't come after me again. May you have a wonderful and blessed day.
    Feb 25, 2015. 12:04 PM | 1 Like Like |Link to Comment
  • First Solar +3.7%; BofA, Northland upgrade after earnings [View news story]
    I smell something fishy about this proposed Yieldco, which FSLR seeming to be the prime mover, so caution is logically necessary. Anyone care to elaborate?
    Feb 25, 2015. 10:07 AM | Likes Like |Link to Comment
  • First Solar (FSLR) Q4 2014 Results - Earnings Call Webcast [View article]
    If I get it correctly, Yieldco utilizes the excess solar generation assets of both partners to secure projects that each partner wouldn't be able to secure on their own, without having to invest in additional equipment, capacity, etc. Sounds like forming a partnership with limited liability without having to invest cash into the partnership. It would seem like bundling mortgages, which would be a swindle if no new projects are secured to grow the business. Please correct me if I'm wrong.
    Feb 25, 2015. 10:01 AM | Likes Like |Link to Comment
  • First Solar, Inc., SunPower Corporation To Form A Joint YieldCo Vehicle [View article]
    I suspect the author is tied to SA with umbilical cords.
    Feb 25, 2015. 09:47 AM | Likes Like |Link to Comment
  • Walter Energy: Is Bankruptcy Around The Corner? [View article]
    Charbon, Ghost,....I'm recalling from memory of 25 years ago. I'm in my twilight years and not seeking any quarrel with anyone, so I would greatly appreciate that you stop bashing me. What I do know is that, at the time, Vietnam's met coal had the lowest ash, lowest sulfur content and the highest calorific (9,200+) value, which is why it was the costliest and the most in demand. I had a permit from the Central Govt to import met coal into China, just as I had a permit to import 6million tons of oil annually, so I was actually trading in physical coal, not reading from statistics. (I was there during Tiananmen, I had been to Li-Peng's house and my trading partner is the Communist Party, which is why I had travelled to all 19 provinces of China because I was invited by local party officials to develop business for them). Please forgive me if you don't agree with me but kindly refrain from bashing me and using all kinds of slurs for sharing my thoughts, which I don't have to. Have a wonderful day.
    Feb 25, 2015. 08:21 AM | 1 Like Like |Link to Comment
  • First Solar guides light, but all eyes on YieldCo [View news story]
    Can't wait for the IPO to receive our allotment of shares. This will be the big deal for FSLR. It will be the catalyst for FSLR to recover to $70 and up.
    Feb 24, 2015. 06:29 PM | Likes Like |Link to Comment
  • First Solar, Inc., SunPower Corporation To Form A Joint YieldCo Vehicle [View article]
    This article is a waste of time. Nothing substantial and a pain to read.
    Feb 24, 2015. 02:01 PM | 2 Likes Like |Link to Comment
  • Walter Energy: Is Bankruptcy Around The Corner? [View article]
    Nope. Vietnam has the highest quality. I used to export met coal top China in the late 80s, so I know the calorific value of products from different countries. There are other specs concerned with the trade in met coal that determines the quality and the price.
    Feb 24, 2015. 01:56 PM | Likes Like |Link to Comment
  • Ignoring Solar Fundamentals: First Solar, Inc. [View article]
    venturabay....I suspect you may be short on FLR, so you may be shell-shocked. I've been advocating buying into FSLR for some time now, so those who did have reasons to rejoice. Starting a Yieldco with another company is a big deal indeed, which enhances their ability to compete or new business.
    Feb 24, 2015. 08:05 AM | 1 Like Like |Link to Comment
  • Walter Energy: Is Bankruptcy Around The Corner? [View article]
    Met coal will always be needed but low-quality U.S. met coal may not be in demand, when compared to those supplied by other countries. If WLT continue to cut costs and keep its margins low, they may survive this lean period, which I expect to last at least a year. If it survives 2015 without going deeper into the hole, it may finally turn the corner to begin recovery from its heavy debt-burden.
    Feb 24, 2015. 07:04 AM | Likes Like |Link to Comment
  • First Solar: Jumping Into The Promising Indian Markets [View article]
    FSLR can and should only penetrate India's market for infrastructure installations because the market for individual sales are very limited, largely due to the limited ability of individuals to afford such purchases, except for the newly-rich. Besides, India's power supply is heavily subsidized, so the common folk simply can't afford to install their own solar panels. Nonetheless, the vast potential of India's municipal authorities to get into solar energy will provide tremendous growth for solar companies, even if all of them jump into the action, but Indians are very good at playing off one another to get a better deal, which may reduce margins to make it unprofitable, so solar companies should be very cautious not to give too much away just to get the business. Such ventures may turn out to be landmines that will be very costly in the long-run.
    Feb 24, 2015. 06:53 AM | 2 Likes Like |Link to Comment
  • SolarCity - Why I'm Selling It And Buying First Solar [View article]
    runiter.....didn't you hear of today's run-up to $55.50 after-hours? It should touch $60 and higher tomorrow. The issue at hand is the potential of FSLR to recover and grow. I've been collecting this stock and now payday is here.
    Feb 23, 2015. 05:29 PM | Likes Like |Link to Comment
  • Walter Energy: Cash Balance Lower Than Expected In Q4, But 2015 Outlook Remains Unchanged [View article]
    They don't have enough cash for buybacks and stay in business, period. FYI, they've been losing money in recent years. Didn't you know that?That's how they got into debt in the first place, my friend. Peace.
    Feb 20, 2015. 08:38 AM | 1 Like Like |Link to Comment
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