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  • Hercules Offshore, Inc. Provides January Fleet Status Report [View article]
    Maybe I am not reading the report right but only 8 contracted rigs of total 24 rigs with 82 days on the contracts...yikes
    Jan 23, 2015. 07:23 AM | Likes Like |Link to Comment
  • Have IBM's Share Repurchases Created Value? [View article]
    Created value for stockholders and dividend receivers...that was about it.
    Jan 22, 2015. 04:38 PM | 1 Like Like |Link to Comment
  • Housing Starts [View news story]
    Both Housing starts and permits were at 2.1M in 2006, fell to 500k in 2008 and has only gotten back to 1M....which is probably a health and stable place to be but hard to see it going much higher without wage increases and a more stable global outlook...I would guess this year will drop under 1M on average.
    Jan 21, 2015. 01:25 PM | Likes Like |Link to Comment
  • National Bank Of Greece Is An Asymmetric Risk [View article]
    1. Greece can never pay back over $300b in "loans" and so banks in Europe eventually will have to eat losses

    2. Due to #1, Greece holds all the cards with the troika and would be foolish not to run this tab up over $500b with the hope that their competitiveness somehow miraculously moves closer to par with Northern Europe

    3. Greece is doing nothing to rework its competitiveness with Northern Europe and so when the default eventually happens, the burden will be cut back to 100% of GDP and this game will start again

    4. Banks in Greece will muddle along as anarchy would reign if they shut and Europe can't afford those videos which could be contagious.
    Jan 21, 2015. 09:01 AM | 5 Likes Like |Link to Comment
  • I'm Doubling Down On Gramercy Property Trust [View article]
    Fantastic stone unturned here...
    Jan 21, 2015. 07:40 AM | 1 Like Like |Link to Comment
  • Lending Is Starting To Catch Fire [View article]
    How much of this total lending is for subprime car loans and school loans? Back that out and you won't find much of anything else...
    Jan 15, 2015. 02:31 PM | 3 Likes Like |Link to Comment
  • A 2015 'Nuclear Renaissance' Should Fuel Solid Gains For Uranium Stocks [View article]
    Most of the juniors struggle to make money at $35/lb. and will struggle mightily to continue to get financed in what is looking like a very difficult 2015 commodity credit-wise.
    Jan 14, 2015. 12:48 PM | Likes Like |Link to Comment
  • Tesla China Problem - Elon Musk Admits Sales Are Down [View article]
    China sales are down as wealth Chinese don't want any non-liquid assets that can't be quickly pulled offshore, including cars.
    Jan 14, 2015. 08:59 AM | 1 Like Like |Link to Comment
  • Boom Goes The Dynamite: Oil's Price Crash Is Going To Rip The Global Economy To Shreds [View article]
    Lead time for permits , reinstating CAPEX (note how this started as 2015 budgets were being readied) means that by Mar-April, most of the damage will be done here and Saudi's will cut production quickly.
    Jan 13, 2015. 01:16 PM | 1 Like Like |Link to Comment
  • U.S. Oil Shales: Still Growing Fast [View article]
    Banks have to be shutting down financing, permitted wells won't be drilled and those that were in the 3rd year of life will likely be shut for economic reasons...the rig decline should be rather pronounced in the coming 4-6 months I think, heading into summer. Then the Saudi's announce a cut and the prices roars back to $75 in a couple months.
    Jan 12, 2015. 02:01 PM | 1 Like Like |Link to Comment
  • Energy banking boom is over [View news story]
    These banks remember the 80s, and won't get caught...guarantee you they have stopped investment on any new wells that aren't guaranteed gushers in areas with a chance at ROI at $50 oil which is probably 20% of the US.
    Jan 12, 2015. 12:26 PM | Likes Like |Link to Comment
  • Analyzing The Oil Patch: Dry Wells And Train Wrecks [View article]
    Would bet your green companies either have problems or lagging data with their statistics...hard to be anomolistically positive in this environment.
    Jan 12, 2015. 11:25 AM | Likes Like |Link to Comment
  • Natural gas -9.5% following mild weather forecast, bearish inventory views [View news story]
    Paper contracts, paper unwinds, paper losses. Nothing real about much in the markets these days.
    Jan 7, 2015. 01:21 PM | 1 Like Like |Link to Comment
  • Natural gas disappoints investors seeking oil refuge [View news story]
    And rig permits are down 40% and rigs themselves are down 100 and starting to fall off a cliff...Capex at these companies is being slashed and yest it will take time for it to flow through to output, but I am betting EOY 2015 to be phenomenal...
    Jan 6, 2015. 12:57 PM | 2 Likes Like |Link to Comment
  • Commodities Today: Natural Gas And Uranium Names Moving Higher [View article]
    Almost no premium for this deal which we will see more of...all the juniors can't survive in this environment much longer and either need to sell at cost or shut down.
    Jan 5, 2015. 03:27 PM | Likes Like |Link to Comment