taxman100

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  • Report: President to propose $10/barrel tax on oil  [View news story]
    Not that I'm against unionization in the private sector - in many circumstances it helps even out the playing field, up to a point. However, there is market forces at play that limit the ability to ask for too much. Too bad our government in DC backs Big Business over workers and has messed up the balance there.

    It is in a monopoly like government that they are inherently a conflict of interest - even the socialist role model Franklin Roosevelt thought that was a bad idea.
    Feb 5, 2016. 11:39 AM | Likes Like |Link to Comment
  • Report: President to propose $10/barrel tax on oil  [View news story]
    He only cares about unionized government employees. The rest are just suckers that think their union leadership telling them how to votes is good for them too.
    Feb 4, 2016. 05:06 PM | Likes Like |Link to Comment
  • Northern Tier Energy declares $0.38 dividend  [View news story]
    I sold Jun @$26 covered calls for $1 a couple of weeks ago.

    Looks like I'll get to keep my shares until then or the merger, whichever comes first.
    Feb 3, 2016. 10:34 PM | 1 Like Like |Link to Comment
  • Calumet Specialty Products' Distribution Bucks The Down Market  [View article]
    I tried to write March covered calls on my shares yesterday, with the idea of buying back today.

    No one took my ask, but the reaction in the options doesn't look like much meat on that bone anyways.
    Jan 29, 2016. 12:21 PM | 1 Like Like |Link to Comment
  • Calumet Specialty Products' Distribution Bucks The Down Market  [View article]
    I've been doing that on SPY - however I got caught in the downdraft this week, but sold them on a bounce.
    Jan 21, 2016. 04:14 PM | 1 Like Like |Link to Comment
  • State of the Union address 2016  [View news story]
    I have not watched a State of the Union address since Reagan - they are meaningless campaign speeches. As I got older, I realized such, and decided organizing my sock drawer was a better use of time.

    I'm with Justices Scalia Alito and Thomas - why bother to show up? It is a complete waste of time.
    Jan 13, 2016. 12:58 PM | 4 Likes Like |Link to Comment
  • Finding A Sheltered 14% Yield Amidst Low Oil Prices In Calumet Specialty Products  [View article]
    No news is bad news, apparently.

    I suppose it has to be related to the concern over the elimination of the WTI/Brent crude spread.

    At this point, unless you are a trader, either turn off the computer and wait a quarter, or sell out. It seems a dividend cut of around 30 cents a quarter is being priced into the share.
    Jan 13, 2016. 12:51 PM | 1 Like Like |Link to Comment
  • 90-Day Dividend Investment Cycle Could Yield Near 20% For Calumet Specialty Products This Quarter  [View article]
    I do agree the fundamentals are somewhat different this time around, and perhaps the trade may only go to $22-$23.

    Assuming there is not a major event in the market, or the world, so yes, more risk.
    Jan 9, 2016. 06:22 PM | Likes Like |Link to Comment
  • 90-Day Dividend Investment Cycle Could Yield Near 20% For Calumet Specialty Products This Quarter  [View article]
    CLMT has been good to me for years. With the market so high, I've been trading it the past 6 months, combining the cycle with options if possible.

    Obviously taxes are not a big deal to me since getting a K-1 is old hat, so to speak.
    Jan 7, 2016. 02:04 PM | 2 Likes Like |Link to Comment
  • Russia files suit against Ukraine over default  [View news story]
    NATO wanted to annex all of Ukraine, and there is really no disagreement with the fact they started the "uprising". Right or wrong, only a fool would think Russia would have sat by and did nothing.

    More blow-back from having rank amateur college faculty ideologues running your foreign policy.
    Jan 7, 2016. 12:00 PM | Likes Like |Link to Comment
  • ISIS attacks endanger future of Libya’s oil industry  [View news story]
    I like what you are saying. It is 90% all about the U.S. dollar reserve status. Qaddafi in particular did a good job spending enough of his oil wealth to keep the people of Libya reasonably healthy and happy. Sure he was super rich, but look at the place now.....

    Without the U.S./NATO intervening, he would have easily won his "civil war", as the rebels were not popular with most of his countrymen.

    They were popular with our ruling class, so he had to go....
    Jan 6, 2016. 02:22 PM | 3 Likes Like |Link to Comment
  • ISIS attacks endanger future of Libya’s oil industry  [View news story]
    Ex-Marine here, and you are 100% correct. Albo227 comment below is spot on as to why we continue to make the same moves year after year.
    Jan 6, 2016. 02:19 PM | 1 Like Like |Link to Comment
  • ISIS attacks endanger future of Libya’s oil industry  [View news story]
    Another Hillary foreign policy success.
    Jan 6, 2016. 10:56 AM | 7 Likes Like |Link to Comment
  • Obama set to roll out gun control actions today  [View news story]
    I'm of the opinion that your Constitutional rights cannot be subjugated unless the State can prove a compelling case to do so. The system was established so that all three branches of the government is involved in any such decision. I would say the 2nd Amendment must have been considered pretty important, since it was not tacked on as the 11th Amendment, or such.

    The Bill of Rights, or "Constitutional Amendments", were put in place explicitly to limit the power of the State, and espouses God given rights that cannot be taken away by any Rule of Man.

    By ignoring such requirements, our "Legal Scholar" President doesn't sound very knowledgeable of such issues. Perhaps Sharia Law is more his specialty.
    Jan 5, 2016. 12:15 PM | 5 Likes Like |Link to Comment
  • Obama set to roll out gun control actions today  [View news story]
    Not that I would ever own something as scary as a firearm, but these laws are unenforceable.

    What this is all about is creating the means to selectively enforce laws created merely to harass/punish those who the State considers political opponents.

    That would be anyone who has a clue and can think for themselves.
    Jan 5, 2016. 09:02 AM | 9 Likes Like |Link to Comment
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