mixter

T. Boone Pickens' Stocks Struggle

Poor 'ole T. Boon "Pickpocket"! I bought some of his Messa L.P. Preferred on the advice of a wealthy man who was knowledgeable as to the investments of Rice University's endowment fund. Due to poor performance, the shares took a reverse split, so I ended up with one share for every eight shares purchased. The $15 per share original stock price ended up netting $34 for every $1,500 invested. Of course, 'ole T still drew a big salary, big bonus's, and flew around in a corporate jet all the while, until he was kicked out of his job by the larger investors.

I am sure he is a "good old boy" (especially if you are and Okla. State University supporter). However, the bottom line is that he can, and does, make mistakes just like the rest of us. Where he is different is, he just likes to take bigger risks.

I also recall feeling sorry for some people who lost their jobs due to his corporate raiding ventures in the 70's.

Chesapeake Energy Called the Market's Bluff

A number of oil field service companies and suppliers will not do business with CHK because the are very slow pay and difficult to deal with. I will not invest in a company that makes its supplies wait for their money.

Implementing Pickens' Plan for Public Energy Policy

P.S., P.S. If we can't buy gasoline at filling stations, what are we going to do with our gas powered lawn mowers, weed eaters, blowers, etc. Also, I have a 1966 Ford pick up truck in mint condition. Am I supposed to pay to have all of these converted to LPG? And, who is going to pay for it. I'd just as soon dump them in Pelosi's front yard!

Implementing Pickens' Plan for Public Energy Policy

P.S. As for wind power, all we have to do is hook up wind mills on politicians mouths and rear ends. That way we can utilize the hot air coming out of both ends of the wind bags! Especially, that dunce Obama and his tire pump. He has never been more proud of his tire pump in all of his adult life!

Implementing Pickens' Plan for Public Energy Policy

Anyone who is for government regulations of our fuel consumption and wants cap and trade rules is a total idiot!!! Only fools buy into Al "Gork's" global warming hoax.

Also, in the early 1970's, I bought Mesa LP Preferred stock, which was a T. Boon Pickens company. For every 100 shares I purchased at $15 per share, I ended up with 8 shares worth $8 apiece, due to a reverse stock split. All the while, T. Boone was making a big salary, nice bonus money, and riding around in a corporate jet. Ever since, I have called him T. Boone "Pickpocket"!

Watch out for his promotions! By the way, he is wrong, we can drill our way out of energy problems. For you doubters, just how did we get dependent of oil if we didn't drill to produce it in the first place?

Pull your heads out!

Oil and Gas Sector Looking Stronger - CreditSights

Get rid of the "dim-wit-o-craps" and "RINO'S" who are opposing drilling in ANWAR and the outer continental shelf, plus deriving oil from shale on federal lands. Their opposition to nuclear and coal fired electric generation plants is stupid, but then fools are not known for their intellect! Global warming may be occurring but it is due to mother nature. Sun spots (hydrogen flares on the sun) are mainly responsible for the earth's temperature. Water vapor is the main "green house"gas. What can mere man do about this? Nothing, except to utilize pseudo science so snakes like Al Gork can get rich off preying on dumb people.