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Flying

Flying
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  • Surveying The Stock Market Battle Lines [View article]
    Yes, a pretty smart short.

    According to this article, the Fed has not tapered QE, but has gone stealth with it: http://bit.ly/1lxUhcq

    The author raises a very interesting question: How does Belgium, a country with $480 billion GDP afford to purchase $200 billion in U.S. Treasuries since September 2013?

    It is hard to get rid of the sinking feeling that this is all going to end badly. All the money printing, debt building, communist trending U.S. government (from each according to his ability to each according to his needs) and broad relative decline in the military, economic, moral, psyco-social, and political strength of this country makes both stocks and bonds look like losing investments. Is it time to go broadly short almost everything? Can you continue to short TBT to the point that bonds go to the point you pay money to hold them?
    May 17 10:27 AM | 7 Likes Like |Link to Comment
  • Global Warming And Its Impact On Energy Stocks [View article]
    Well put!
    Feb 19 09:18 AM | 1 Like Like |Link to Comment
  • Who Gets Hit By A Vulnerable Housing Market? [View article]
    There you have it -- the results of hope and change. If you like what the hope and change delivered, you can keep your hope and change.
    Dec 14 08:36 AM | 1 Like Like |Link to Comment
  • Kapuni Sand May Hold Company Maker Liquids-Rich Gas For Tag Oil [View instapost]
    Thanks for the additional viewpoint. I've been invested since 23 cents and have left a lot of money on the table by not selling when it was trading at $10 to $11 -- bulls, bears, and hogs you know. I was a hog and still am. I believe the upside potential is huge, though as you say, far from certain...
    Nov 6 09:17 AM | Likes Like |Link to Comment
  • Kapuni Sand May Hold Company Maker Liquids-Rich Gas For Tag Oil [View instapost]
    At this price, I believe this company is not a risky speculation. There is no debt and there was $60 million prior to starting the Cardiff Drill. There is enough production out of the Cheal and Sidewinder to make a profit out of wells in production. There is very little downside risk even if there is a bust at Cardiff and the East Coast Well because the Taranaki basin is producing enough to cover the cash spent for exploration. The potential for success is huge. Tag has the best reward:risk ratio of any security I know of -- the up side has to be in the neighborhood of $100/share and the downside, other than temporary, very small.
    Nov 5 08:02 PM | Likes Like |Link to Comment
  • Large Inflows In The GDX ETF, What It Means For Miners [View article]
    Look at the 6 month chart of GLD vs. GDX:

    http://yhoo.it/19H1aap

    Miners continue to lose more than the metal...
    Aug 4 10:24 PM | Likes Like |Link to Comment
  • Bakken Update: Whiting's Tarpon Sweet Spot Has Produced The Best Bakken Wells Outside Parshall Field [View article]
    Thank you so much for answering my question!

    Flying
    Aug 3 09:26 AM | Likes Like |Link to Comment
  • Bakken Update: Whiting's Tarpon Sweet Spot Has Produced The Best Bakken Wells Outside Parshall Field [View article]
    Hello Michael,

    I've been reading your articles for some time and appreciate your work a lot. I have some land in eastern Mountrail Country (a few miles NE of Plaza, ND), just east of the yellow line labeled the "Bakken Maturity Limit". Can you tell me the definition of the line, how well known it is, and if east of the line means it is out of luck for production of Bakken Oil?

    Thanks,

    Flying
    Aug 1 09:28 AM | Likes Like |Link to Comment
  • Why The Housing Market Is An Accident Waiting To Happen: Part One [View article]
    Hi,

    How do you see Freddie Mac (FMCC) and Fannie Mae (FNMA) playing out -- recent big spike up and then back down with report of current profitability?

    Thanks,

    Gary
    Jun 21 01:20 PM | Likes Like |Link to Comment
  • Now Is The Best Time To Invest In Commodities Since March 2009 [View article]
    I think USO, OIL, and UNG are the poorest way to play the commodities long because of the way they have to keep renewing their futures contracts and the continuing damage caused by contango, the normal situation.
    Mar 12 12:54 PM | Likes Like |Link to Comment
  • Climate's Volatile Index Is Off The Charts: A Look At Commodities [View article]
    Hello Jim,

    I have a M.S. in Meteorology and worked in the weather business for 20 years in the USAF. Did some work in air-sea interaction and possible resulting atmospheric synoptic patterns. I always had an interest in long range weather prediction, but it still seems like a enigma inside a puzzle within a conundrum. I can't understand how you separate out cause and affect -- e.g. attributing resulting dry/cold/wet/hot future weather to La Nina or El Nino alone. I do understand that the structure of UNG results in a long range loser with ups and downs along the way down -- a relatively easy problem to diagnose compared to long-range weather prediction. You have provided fascinating reading -- thank you.

    Gary Heise
    Feb 1 09:10 AM | 3 Likes Like |Link to Comment
  • Poseidon Concepts: Fracking Liquids And Solid Dividends [View article]
    Dividend yield is 7.3% paid monthly. See @ http://bit.ly/RCRkt2
    Oct 17 12:35 PM | 2 Likes Like |Link to Comment
  • Tag Oil May Sit on 14 Billion Barrels of Oil, But I'm Watching Insiders [View article]
    Hi nocnurzfred. Looks like you are talking about Austral-Pacific which I played for a time too. Seemed like everything Austral touched turned to poop while everything Tag touches turns to black gold. Austral's first discovery, Goldie, was lost in a law suit to Greymouth, their joint venture partner, over burning off gas. They went deep on Kahili gas, developed the well and it ran out of gas within three weeks. They sunk a bunch of money into Cardiff, another deep gas play and encountered so much deep drilling difficulty they aborted the effort. Like Tag, they tried Canterbury in the south island and came up dry. Austral's conventional effort at the eastern side of the north island came up not commercially viable. Also, in Taranaki, there was not nearly as much gas handling infrastructure as there is now, so only an oil strike was valuable. Either the management of Tag is much more capable than Austral was or technology is much better or both -- 3D mapping and horizontal techniques. Tag has been as much a winner over the last two years as Austral was a loser over a decade. I hope the good times keep on rolling for Tag...
    Apr 6 11:37 AM | 1 Like Like |Link to Comment
  • Tag Oil May Sit on 14 Billion Barrels of Oil, But I'm Watching Insiders [View article]
    I don't think the $9 million in cash is not right -- see the $70 million in the article. I also believe the Cheal processing facility alone is worth well more than $9 million.
    Apr 5 07:08 PM | 1 Like Like |Link to Comment
  • Tag Oil May Sit on 14 Billion Barrels of Oil, But I'm Watching Insiders [View article]

    I think the reason for selling their optioned stock from last year is for the income and the fact that they have many more options awarded this year at $7.25/share. Pretty much their own ATM or money tree right now. On one hand issuing the options creates dilution, but on the other hand the management and board get rather low salaries so this is not much of a yearly expense. The only way management/board will make any money at the end of this year is if the company is successful and the price/share runs up as a result. Are they being overpaid? I don't know, do you? I'm thinking it is not a bad deal for shareholders. Perhaps the reason for not a bigger run-up today following the Sidewinder 3 discovery is that there was continued insider selling into the news. If we only knew what the future will bring... lol.

    The news release about Sidewinder 3 today had an interesting part -- Tag will have to build a larger hydrocarbon processing facility than planned after the discovery at Sidewinder 1. This seems very positive.
    Apr 5 06:36 PM | 2 Likes Like |Link to Comment
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