Seeking Alpha

luke_mclachlan

luke_mclachlan
Send Message
View as an RSS Feed
View luke_mclachlan's Comments BY TICKER:
Latest  |  Highest rated
  • Walter Energy - A Massively Leveraged Option On A Recovery On Met Coal Prices [View article]
    he does see them coming back to $140 plus, that's the interesting part (thought no-one would ask)
    Jun 4 08:09 AM | 1 Like Like |Link to Comment
  • Walter Energy - A Massively Leveraged Option On A Recovery On Met Coal Prices [View article]
    i have a very experienced friend who specialized as market maker within iron ore. he finished three years ago for retirement. he sees iron ore bottoming at around 80 bucks.
    May 30 04:55 PM | 1 Like Like |Link to Comment
  • Will This Week's Releases Break Silver Free From Its $20 Price Range? [View article]
    i expect the opposite $eur, i.e i expect the $eurusd to weaken from 1.3850. question is, what impact the stronger dollar, or even a weaker dollar, will have to $gld and $slv. the dollar has taken a beating the past year and so have the prices of $gld and $slv, so your theory is completely wrong in that respect.

    silver needs instability and/or price extremes (support) to catch a bid. you could argue that $19 is that extreme, time will tell. good article though about post-FOMC reaction, very interesting.
    Apr 29 08:52 AM | 1 Like Like |Link to Comment
  • Cliffs Natural Resources: Proxy Battle Could Equal Massive Gains For Shareholders [View article]
    not one mention about iron ore prices makes this article very immature. this article should come with a very prominent disclaimer.
    Mar 11 08:12 AM | 2 Likes Like |Link to Comment
  • ModernGraham Annual Valuation Of Starbucks Corporation [View article]
    the one thing that struck me about this article is, "and the coffee is extremely good" ! The coffee is in fact extremely poor, I recommend that the author go visit a proper coffee shop :-)
    Feb 10 04:18 AM | Likes Like |Link to Comment
  • Wake Up And Smell The Balance Sheet At Starbucks [View article]
    sorry i didnt mean to have a dig at you, more joking :-) lots of my friends love starbucks but thats mainly because 1) its availability, i.e. it's pretty much anywhere, and 2) consistency of quality and not having to "chance it" elsewhere. but they ALL prefer my coffee at my place but i buy beans from a private roaster and use an expensive italian machine.
    Oct 18 10:46 AM | Likes Like |Link to Comment
  • Wake Up And Smell The Balance Sheet At Starbucks [View article]
    "As everyone knows by now, Starbucks is known for its high-quality coffee."...and there goes your credibility. the problem is that people have accustomed themselves to average quality coffee. average beans + average machines + low paid staff + high cost coffee = great business model = successful company :-)
    Oct 18 10:12 AM | 2 Likes Like |Link to Comment
  • Coffee prices (JO) could reverse after touching a 47-month low, according to Barron's. A coffee-rust disease in Central America and increased global demand could prompt a quick rally and eventually increase commodity costs for Starbucks (SBUX -2.1%), Green Mountain Coffee Roasters (GMCR -3.3%), J.M. Smucker (SJM -0.8%), Peet's Coffeee & Tea (PEET), Kraft Foods (KRFT -0.7%), Dunkin' Brands (DNKN -2.4%), and other sellers. [View news story]
    didn't they talk about this rust weeks ago? now look at the price! ample supply, don't be fooled !
    Jun 24 11:33 AM | Likes Like |Link to Comment
  • Commodities Today: Coal & Steel Looking More Bullish [View article]
    another article boldly stating that coal and steel prices have bottomed. Yet this is what the author uses to back up his thesis: "Yesterday FBR Capital came out and said that met coal prices were essentially bottoming out". This must be the worst article I've read ! Go on guys, fill your boots with $WLT...the smart money is on the other side of the trade until fundamentals change. Question is, will they ?
    Jun 17 04:42 PM | Likes Like |Link to Comment
  • Cliffs Natural Resources (CLF +2.4%) puts its $3.3B Ring of Fire chromite project in Ontario on hold due to unresolved land rights and unfinished agreements with the provincial government. BMO says the suspension is a positive for CLF since it frees up ~$3.4B of cash flow to reduce debt - "very big news that it not yet on people's radar... this can squeeze quite a bit on this," a trader says. [View news story]
    basing your long theory on anaemic volume isn't justification. $BTU has Icahn on its side and look where it is now! The bottom will be extreme on these stocks.
    Jun 13 08:44 AM | Likes Like |Link to Comment
  • Cliffs Natural Resources (CLF +2.4%) puts its $3.3B Ring of Fire chromite project in Ontario on hold due to unresolved land rights and unfinished agreements with the provincial government. BMO says the suspension is a positive for CLF since it frees up ~$3.4B of cash flow to reduce debt - "very big news that it not yet on people's radar... this can squeeze quite a bit on this," a trader says. [View news story]
    no squeeze yet ! we had a push post earnings in $CLF and this was sold off and then some, just like the news the other day out of $BTU. $WLT is being hit as well as $JOY and $RIO is tinkering with that weekly support ~ $42. The lesson is, don't touch these stocks until they've been dumped and then some !
    Time perspective to go long...maybe beginning 2014 ! I say this because we have FED tapering coming which could help extend their sell-off (along with the general market).
    Jun 12 02:33 PM | Likes Like |Link to Comment
  • Peabody's Q1 Results And Coal Outlook [View article]
    me too, on the short side ;-) coal is no replacement for nat gas, obama back in power, china is slowing, europe is broken, we may get relief rally in $BTU for example but just look at the share activity lately where its being sold HEAVILY (!) on every pop ! Pull up your 4-hour chart and you'll clearly see the levels to short !
    Apr 24 09:58 AM | 1 Like Like |Link to Comment
  • Gold, Silver And Bears Oh My: What Is Behind The Huge Sell-Off? [View article]
    people saying $GLD will drop sub $1000 are foolish, we have to remember that the cost of just getting this precious metal out of the ground is around $1150/ounce! But i do like the idea of short $GDL and long $SLV because of the bearish sentiment right now in $GLD, such a negative sentiment will cause many with long positions to close out on fear!
    Apr 14 06:23 PM | 2 Likes Like |Link to Comment
  • "You guys are soooo wrong," J.P. Morgan's Mike Gambardella scolds peers at Morgan Stanley and Goldman Sachs for recent downgrades of Cliffs Natural Resources (CLF), as he adds the stock to its Focus List and foresees $40 by year's end. Fears of an imminent collapse in seaborne iron ore prices are overblown, he says, and positive earnings revisions could bring a short-covering rally. CLF +2.6% premarket. [View news story]
    the other side to that equation is supply, and supply seems to be the key element here as to why $CLF and other iron ore players have nose-dived
    Apr 1 10:34 AM | Likes Like |Link to Comment
  • Whisper Number Impact: Earnings Preview For J.C. Penney [View article]
    thank god they were just whispering this number lol
    Feb 28 07:09 AM | Likes Like |Link to Comment
COMMENTS STATS
17 Comments
10 Likes