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  • Beware The Linn Energy Spike [View article]
    Desperate short.
    Nov 1 01:23 PM | 58 Likes Like |Link to Comment
  • Should $10 a Barrel Be the Real Price of Oil? [View article]
    If oil was 10$ a barrel they'd simply turn off the pumps. It costs most oil companies around 40$ to produce a barrel from reservoir to finished product. Oil is only traded in USD, a currency that is weakened by the 24/7/365 printing that's going on. In 1990 there were less then 1 million privately owned cars in China, today, they are the largest auto market with over 13 million vehicles sold in 2009. With such an explosive growth of vehicles in China and India, oil has/will be more expensive. With such an explosion in "new dollar" creation, oil will be more expensive.
    Sep 8 03:31 PM | 44 Likes Like |Link to Comment
  • Kinder Morgan: Rich Kinder Backs Up The Truck [View article]
    But, seeing that just about all of Richard Kinder's wealth is in Kinder Morgan shares does instill confidence.
    May 13 10:33 AM | 33 Likes Like |Link to Comment
  • Congressmen Weiner and Waxman Set Gold Hearing [View article]
    If someone foolishly purchases from a company advertising on TV, it's the consumers fault. Just like the same fools who send in their gold through similar TV-ad based companies.
    Sep 16 12:01 PM | 22 Likes Like |Link to Comment
  • The U.S. jobless rate could be as low as 6.8% instead of 9.5%, Robert Barro believes, if jobless benefits hadn't been extended to 99 weeks. Joe Weisenthal attacks that "thin" reasoning - the housing bubble alone means it's different this time, he says.  [View news story]
    9.5% is a made up figure anyway. Of course if benefits hadn't been extended, more unemployed workers wouldn't be counted towards to unemployment rate, but the figure would still be a mathematical illusion, just like it is right now.
    Aug 30 06:21 PM | 20 Likes Like |Link to Comment
  • Linn Energy Buys Berry; 10% Upside From Here [View article]
    The public will never hear when the SEC completes an informal inquiry, unless the SEC decide to open a formal inquiry.


    But I think it's a bit outlandish(in the vein of Hedgewho) that a first of it's kind acquisition(along with being an all stock deal) would be allowed to move forward with a company that has accounting issues. That makes no sense whatsoever.
    Dec 16 02:38 PM | 18 Likes Like |Link to Comment
  • J.C. Penney (JCP) confirms Ron Johnson is "stepping down and leaving the company." Mike Ullman, who was J.C. Penney's CEO until Nov. 2011, is replacing Johnson as CEO, and has also been elected to the company's board. Investors don't seem crazy about the choice, JCP now just +0.5% AH. (previous) Update (5:33): Shares are now down 4.4% AH. [View news story]
    uh...replacing a failing CEO with the failed CEO he replaced isn't exactly the formula for success.
    Apr 8 05:41 PM | 17 Likes Like |Link to Comment
  • Obama wants action to halt the rush of U.S. companies moving abroad [View news story]
    54% of citizens don't contribute to the tax base...
    Jul 16 08:02 PM | 16 Likes Like |Link to Comment
  • Why Apple Should Announce A $100 Billion Stock Buyback [View article]
    That's be the dumbest thing AAPL could do with it's war chest.
    Dec 23 04:52 PM | 16 Likes Like |Link to Comment
  • Margin compression at Apple (AAPL) is long-term strategy, not a sign the company is losing its competitive edge, writes Kopin Tan in a bullish front-page Barron's article giving the iPhone maker the nod in its battles with Samsung (SSNLF.PK). "Samsung is running ads spoofing the cult of Apple. Samsung knows what it's like to have an image problem." [View news story]
    Margin compression goes against everything Steve Jobs was about. Another bad sign from AAPL. Samsungs ads hit the spot, some of the best mobile ads I've ever seen, and I'm an AAPL shareholder.
    Nov 17 09:37 AM | 16 Likes Like |Link to Comment
  • The NYT tells the fascinating story of how frenetic bankers like Ralph Eads III raised way too much money to finance the shale gas production dreams of those like his frat brother Aubrey McClendon (CHK). "Quit drilling," pleaded T. Boone Pickens to his fellow EXCO (XCO) board members as gas prices plunged. It made sense, but there was a problem: The terms of the EXCO's financing and leasing agreements required the company to continue. [View news story]
    Green subsidies are at 1,000:1 compared to oil and gas. The main difference between the two? One industry can stand on it's own, the other can't.


    Green energy hasn't worked yet, and hasn't been able to stand on it's own after 30+ years of massive subsidies. Ask anyone in the industry, they'll tell you it'll fail without the gov't assistance.
    Oct 21 09:25 AM | 16 Likes Like |Link to Comment
  • The NYT tells the fascinating story of how frenetic bankers like Ralph Eads III raised way too much money to finance the shale gas production dreams of those like his frat brother Aubrey McClendon (CHK). "Quit drilling," pleaded T. Boone Pickens to his fellow EXCO (XCO) board members as gas prices plunged. It made sense, but there was a problem: The terms of the EXCO's financing and leasing agreements required the company to continue. [View news story]
    If only green energy was a stud, instead, it's a publicly funded dud.
    Oct 21 09:20 AM | 16 Likes Like |Link to Comment
  • "A Carbon Tax That America Could Live With" [View news story]
    That guys' got pudding for brains.
    Sep 1 09:02 AM | 15 Likes Like |Link to Comment
  • Memo To Intel Bulls: You People Are Dead Wrong [View article]
    Seems a little long for a memo.
    Sep 10 12:08 PM | 14 Likes Like |Link to Comment
  • Have The Short Sellers Taken Down Linn Energy? [View article]
    I own shares of LNCO, and am currently getting a bloody nose from it(figuratively speaking). That being said, the "problems" at Enron/Tyco/Linn aren't worth comparisons unless you're painting with a very broad brush.

    Remember, Barron's was bullish on Linn in 2008-2009. The accounting practices were the same as they are today, as is the hedging policy. So today they're bearish, on what they were bullish, based on the same policies? That, doesn't add up for me. I'm DRIP'ing my shares, and will continue to do so.
    Jul 2 10:25 AM | 14 Likes Like |Link to Comment
COMMENTS STATS
1,071 Comments
2,397 Likes