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  • Ensco Still May Not Cover Dividend Internally [View article]
    I am in the same boat as trailerparkjoe and PHRED...invested in ESV as best in class driller with a long time horizon. My paper results right now are abysmal, but they don't matter much as I am a long term investor. Same with my NOV holdings. These are class acts in a tumultuous energy market.

    If you were fortunate enough to buy in at $17 or $15 or some other sub $20 ticket price, you should stand fast and book a nice investment win a few years hence.

    Regards, Moses
    Nov 24, 2015. 12:34 PM | 2 Likes Like |Link to Comment
  • 2007, Take Two? [View article]
    At my desk (urban planner), I have been watching what I have lovingly coined a 'modified hemline indicator'...the number of development requests for new public storage space. Dutiful American consumers here in the 'new west' must be running out of room in their garages and attics again (do houses even have attics anymore?). There has been a flurry of requests for this particular land use over the past six months, in the midst of the hottest real estate market in history (or so some industry wonks claim) here in the Denver CO metro. History rhymes, and the stanza appears to be repeating...

    Regards, Moses

    PS. Chris, keep the heat on the spousal unit in regards to the acquisition of said gatling gun. Maybe you could 'crowdsource up' some skrillaz to show her you are serious.
    Nov 20, 2015. 12:01 PM | 1 Like Like |Link to Comment
  • Caterpillar posts 35th straight monthly decline in global retail sales [View news story]
    Check 2009 timeframe on a chart...CAT did get that low (~$28)...but I would agree that anything sub $60 starts to turn my head. Regards, Moses
    Nov 19, 2015. 01:18 PM | 1 Like Like |Link to Comment
  • South 32: General Meeting Takeaways [View article]
    I feel the same...I will hold this spin-off until we have a bit more clarity on the commodities complex...but I have too much exposure already. Thanks for the update. Cheers, Moses
    Nov 19, 2015. 11:35 AM | Likes Like |Link to Comment
  • Peabody Energy: Understanding The Symbiotic Relationship Between Producers And Railroads [View article]
    Hey C&C, besides holding BTU common, I am also long UNP, as I still believe that in the long run, the US energy renaissance will propel well capitalized tier 1s to record operating margins based on all that capex going into track and tunnel re-work...the real margin gain will be on intermodal double stacked flat cars, but I am not a railroad industry guy. I like UNP most at this juncture, based on their pricing model, as you mentioned.

    C'mon polar vortex II!!!

    Regards, Moses
    Nov 18, 2015. 02:46 PM | Likes Like |Link to Comment
  • Peabody Energy: Understanding The Symbiotic Relationship Between Producers And Railroads [View article]
    I just need my full bag back. Cheers, Moses
    Nov 18, 2015. 02:39 PM | Likes Like |Link to Comment
  • Nucor Chairman Emeritus Daniel R. DiMicco Inducted into North Carolina Business Hall of Fame [View article]
    There's no worthier inductee, in my opinion. Regards, Moses
    Nov 18, 2015. 11:01 AM | Likes Like |Link to Comment
  • A $68 Million Ham Sandwich? [View article]
    Try CostCo's turkey pesto sammich. May save you a few bips in the long run, Chris! Ha!! Cheers, Moses
    Nov 16, 2015. 04:14 PM | 2 Likes Like |Link to Comment
  • A Dollar Melt Up? [View article]
    That was fun! I may need to watch Ghostbusters again, while ignoring how my investments will get pounded into dust. Regards, Moses
    Nov 12, 2015. 05:49 PM | 1 Like Like |Link to Comment
  • Peabody Energy: Rumors Of Coal's Demise Are Greatly Exaggerated [View article]
    bently1 - thank you for your words. Regarding coal as a sector...I know of many of the coal companies you are referring to...problem is, I can only invest in the public ones (ha!). Bigger issue: I feel that there has been a bit of political sabotage (another understatement) through the supposed 'greening' of our national energy priorities, and am sad that that may have ended up moving markets/changing markets.

    As an aside, I used to teach high school kids the atmospheric science behind "global warming"...when an Administration targets CO2 reduction (and coal in particular is cross-haired as the fat pitch to hit to achieve emissions reduction) but basically disregards/downplays/does not apply research on the more deleterious effects of methane released from thousands (now hundreds) of land based oil and gas drill rigs, it seems a bit suspect. NG is uber-cheap and is the feedstock of so many industrial processes, how come these industrial processors aren't investigated and chastised to the same level as coal burners? I could make several attempts at speculative answers but...

    I don't want to sidetrack any further; my choosing to invest in a coal company or two still has some merit longer term...the fact of the matter is coal will continue to make up +/- 30% of the US baseload energy production into the future. Global usage of coal will continue to rise, albeit more slowly than before due to increasing awareness of heavier polluting forms of fossil based fuels...however that does not mean that it will stop being used as a cheap abundant source of energy.

    These changes will come home to roost in our utility bills, if they haven't already...(I watch how the fuel mix of XEL changes through time...)

    Thank you again for your expression of kindness, bently1, and may you be blessed also.

    Cheers, Moses

    I do try to heed your advice and have done so in many other sectors...but in the end, there is no crying in investing. I did my due diligence, I placed the orders, I knew that risk was ever-present, considering the present administration in Washington. I will live with the results and move on. (My wife is fairly forgiving as these aren't huge sums of money compared to our overall investments - but I am harder on myself because Rule #1 is sacrosanct.)
    Nov 12, 2015. 05:35 PM | 1 Like Like |Link to Comment
  • Peabody Energy: Rumors Of Coal's Demise Are Greatly Exaggerated [View article]
    palsg, I have not done a deep enough dive to know...and I don't know how much more time I will commit to this particular name, considering work, raising a two year old, and the rest of life...investing is a small potion of my time. If I do some more HW and turn something up that is meaningful, I will share that info.

    Regards, Moses
    Nov 12, 2015. 05:05 PM | Likes Like |Link to Comment
  • Peabody Energy: Rumors Of Coal's Demise Are Greatly Exaggerated [View article]
    C&CI - thanks for another installment...interesting comment thread on this one.

    The BTU train ride has been a pretty painful journey for this particular long term equity investor. I TRADED ACI and BTU almost perfectly beginning in 2009-early 2012ish, growing my coal investment to almost 20% of my ROTH. The intent was to keep a portion of my money in coal via BTU with a 'hedge' or two in pollution control names. <I was pleased with myself>

    I forget exactly when, but I then executed my plan of dumping ACI in full, spreading those assets into energy related names. Again, I was relatively pleased with myself as I had bought in at lows and sold just before or just after peaks...and I thought 'diworseificating' into junior uranium miners, oil services, and offshore drilling while bulking my small BTU position would help protect against getting clobbered in one single name. Well it did!!!! - I got clobbered in all the names instead of just one!

    Needless to say, the 'conviction' part of my multi-year investment thesis in this portion of my equity holdings has now eroded my 'courage' a bit. Even with some background in energy and the environment, I could not foresee the extreme supply/demand fluctuations in all parts of the energy sphere...nor did I expect the war on coal to garner as much political support as it has...institutional groups - pension committees, endowments, etc. which may lean a tad left...(<--understa... of the decade) shedding fossil fuel holdings has not been helpful.

    All that being said, I am not selling out of any of the above mentioned positions. I am down BIG in most of them at this juncture, but they are still paper losses. I am resigned to not sell into a huge loss in BTU; if it goes BK well - I might as well lose the whole lot at this point.

    What I have learned is 1) to apply a bit more patience with cyclicals - and 2)thinking through and applying downside protection may not be the worst thing in the world.

    Hoping for a future with a more balanced and nuanced approach to energy provision, Moses
    Nov 12, 2015. 01:11 PM | 2 Likes Like |Link to Comment
  • Recent Spare Change Purchase: Archer Daniels Midland [View article]
    Nigel, it still seems a bit expensive to me, but everyone has a different threshold. Good luck! Regards, Moses
    Nov 4, 2015. 04:07 PM | 2 Likes Like |Link to Comment
  • 5 Reasons Why An Investment In Fuel Tech Could Hit A Home Run [View article]
    gizi..., I rebuilt my position (since my first post above)...and it has been nothing but ridiculous pain. I have not sold but am sitting on pretty large paper losses. I am biting my tongue and trying to remain patient...but the anti-coal sentiment has sunk this stock...let's watch what transpires. Cheers, Moses
    Nov 3, 2015. 07:03 PM | Likes Like |Link to Comment
  • The Fork In The Road [View article]
    that's a damn funny pic, I will go back and read. Regards, Moses
    Nov 2, 2015. 10:53 AM | 3 Likes Like |Link to Comment