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  • Detroit pulls the plug and files for Chapter 9 bankruptcy after emergency manager Kevyn Orr fails to a cut a deal with creditors. The city becomes the largest in U.S. history to file for bankruptcy. A few stocks trading lower on the news: MBI -15%, RDN -0.2%, MTG -1%, F -0.7%, GM -0.7%, MUNI -0.3%, PZA -0.5%, ITM -0.3%, HYD -0.8%[View news story]
    I wondered when I would see a paid Obamacare commentator and how it would read. Now I know
    Jul 18, 2013. 11:18 PM | 3 Likes Like |Link to Comment
  • Durable Goods Orders For December Smash Expectations, But Core Goods Plunge [View article]
    Durable Goods Orders "SMASH" expection, oops, minus Defense & Transport that makes it negative 3.9%. Also BLS makes continuing and frequent adjustments to formulas, I don't trust anything frm BLS.
    Jan 28, 2013. 04:16 PM | 1 Like Like |Link to Comment
  • Why Electric Beats Natural Gas Vehicles: It's All About The Re-Fueling Network [View article]
    Are you kidding? A CNG tank can be re-filled in little more time than your BBQ tank.. I've owned 2 used, Propane, pick-up's back in the 70's. Bought frm Fleet Operators.
    How long does an EV take. Additionally, how often do you replace your car batt. ? An EV needs same in 3-5 yrs at $5 -$10,000 a pop.
    An Urban gasoline station could tap into a nearby pipe line and be up and running in 2 weeks. Rural would need large storage tanks, that would be filled by gasoline sized tanker trucks. Gee, that's what they do now.
    Do you have any idea of the number of fleet trucks being switched to CNG every day. How about the largest (huge) taxi fleet in L.A. that just switched to CNG as well as buses and trash collecting fleet.
    Nuke electric, Oh yea, in the 60's that was supposed to be so cheap they wouldn't even put meters on houses.
    Suggest you do some reading on CLNE & WPRT. I have no position in either stock.
    May 9, 2012. 01:21 AM | 1 Like Like |Link to Comment