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  • Tesla Motors: Special Investment Rules? [View article]

    I have been in the bidding business for a while. I can tell you for sure that bidding against a woman is a bad plan.

    cparmerlee does not like TSLA. She believes the company will fail. She promotes that possibility endlessly. I don't know why.

    Tesla produces the best electric car on the planet. They are improving their product on a daily basis. Why criticize a company that is doing their dead level best to introduce usable electric cars to all of us?

    I am in the oil business. I make my living selling barrels of crude oil. But I see the future, and I am excited. And I am long TSLA.
    Nov 15, 2014. 01:57 AM | 1 Like Like |Link to Comment
  • Tesla Motors: Special Investment Rules? [View article]

    to make a profit they must increase their prices and lose their business.

    Pick up the pace solucky!!
    Nov 15, 2014. 01:22 AM | Likes Like |Link to Comment
  • Tesla Motors: Tackling The Manufacturing Issue [View article]
    Excellent point here. If I buy a widgit online I get bombarded with widgit ads.

    I follow TSLA like a hawk and have never had a TSLA ad show up on my screen.

    If Tesla spent $9 million for promotion last year it probably went for cocktail parties for their hands, it certainly did not get spent on internet advertising.

    Actually, I anxiously await my first Tesla advertisement!
    Nov 15, 2014. 01:10 AM | 9 Likes Like |Link to Comment
  • Dollar, Gold, Commodities, Stocks And Bonds Dance To The Same Tune [View article]
    "The dollar is rising because the U.S. has become a net exporter of fossil fuel".

    Not true, not even close to true.

    We still import about 6 million BOPD of crude oil. We have backed out about 4 million BOPD of imports due to our increased shale oil production.

    We are exporting about 2.6 million BPD of refined products but only because they can be sold at world price which is greater than domestic price.

    We are not exporting crude oil (illegal) or significant LNG (yet). Some NGLs are moving.
    Nov 15, 2014. 12:43 AM | Likes Like |Link to Comment
  • Ford: Finally Ready To Roll In 2015 [View article]
    Carbon buildup can be a problem in DI engines. Solution is to install a catch can oil separator in the PCV line. Sure, maybe Ford should have done it, but they didn't.

    BTW, 3.5 Ecoboost outperforms 5.0 AND gets better mileage.

    I am with you on the GT. I want one bad but they foolishly refused to make enough to satisfy demand so prices started high and went up from there. Mistake.

    P.S. I was in at $2.00.
    Nov 15, 2014. 12:11 AM | 1 Like Like |Link to Comment
  • Herbalife: Keeping Up Appearances [View article]
    Ackman is not trying to save the poor folks that get involved with HLF. He is trying to make money for his fund, and ultimately himself.

    He might stretch the truth here and there to accomplish that goal.

    BTW, my wife is an HLF distributer. She has made an actual profit the last two years selling products only, no recruitment.

    Does that make her a 1%er??
    Nov 9, 2014. 03:06 AM | 10 Likes Like |Link to Comment
  • Shale Oil Stocks: Do Not Count On A Major Slowdown In The U.S. Oil Production Growth [View article]
    Simple math here raj,

    IP 1000 BOPD, 50% decline, 365 day end rate 500 BOPD.

    1 year CUMO 365 days x 750 BOPD avg rate = 273,750 BO x $40 = $10,950,000.

    Subtract roughly 30% royalty, tax and opex of $3,285,000 leaves a paltry $7,665,000. Eighteen to 20 month payout. Not so bad.

    The reality is this, at $40/bbl we will stop drilling those crummy 1000 BOPD wells and will only drill the 2000 BOPD wells.

    Or we will pound on the service companies and drive 1000 BOPD well costs down to $6 million.

    We will drill.
    Nov 6, 2014. 11:34 PM | 4 Likes Like |Link to Comment
  • Shale Oil Stocks: Do Not Count On A Major Slowdown In The U.S. Oil Production Growth [View article]

    I understand the villain portrayal, I've been there. Most of my career I have had to explain why people cannot have $.99/gal gasoline. Honestly, that is what people really want.

    And now, when we are doing our dead level best to provide product at the lowest possible price, look at what we have to deal with.

    Fracing bans in Denton, TX, of all places, as well as Mendocino Co. and San Benito Co. in California. Not to mention the geniuses in New York.

    It is a strange dichotomy, the government and the people want cheap fuel. They just don't want us to produce it. Funny.

    If it wasn't for the fact that U.S. mineral owners want production on their property, nothing would be happening here.

    And that is why the shale revolution will be very slow to develop in the rest of the world.
    Nov 6, 2014. 10:20 PM | 5 Likes Like |Link to Comment
  • Shale Oil Stocks: Do Not Count On A Major Slowdown In The U.S. Oil Production Growth [View article]
    Can you imagine where we would be today had the shale revolution not materialized?

    1) 3+ million BOPD would have to be coming from somewhere, Saudis, Iran?? Price maybe $150/bbl.

    2) NGLs still at par with crude, how about propane at $5/gallon - every day.

    3) Nat gas - U.S. would be a net importer with LNG at $15/mcf.

    Not to mention that we perhaps would never have recovered from the Great Recession.

    The shale revolution is the best thing that has happened here since the internet. At $100/bbl all oilmen have been frantic in their efforts to increase production and have been successful.

    Oil at $100/bbl has allowed enough profit to be made that experiments in production technology could be tried. Many failed, but some worked. That is why now the newly implemented successful technologies are driving down development costs, and doing so to the point that $100/bbl is no longer required to continue increasing production.

    At $75/bbl perhaps the frantic pace of development will slow. U.S. production will still increase.

    If OPEC tries $50/bbl, things will really slow down here.

    But then 90% of the cartel goes bankrupt. How much self inflicted pain do you think they can stand?

    Remember, Obama said "We can't drill our way out of this problem."

    We did not ask his permission, and did it anyway.
    Nov 6, 2014. 09:18 PM | 18 Likes Like |Link to Comment
  • Tesla Sales Arguments, China Growth, And We Keep Our $210 Target [View article]
    solucky, FYI,

    Tesla will deliver THEIR (possessive) backlog in Q3. They may have to deliver THEIR backlog over THERE (location) in China, but I am sure that THEIR intentions are to deliver cars wherever THERE may be a demand.
    It could be HERE in the USA or THERE in China.

    I remember when I was in Germany I was amazed how many streets were named "Einbahnstrasse". I thought Einbahn must have been a great leader of some sort, like Martin Luther King.

    Keep up the comments!
    Nov 2, 2014. 10:21 PM | 2 Likes Like |Link to Comment
  • Can You Make A Case For Statoil? [View article]
    Where is Fitzsimmons when you need him?
    Oct 30, 2014. 08:53 PM | Likes Like |Link to Comment
  • ConocoPhillips: Eagle Ford Q3 Earnings Preview [View article]
    COP has high quality acreage in the Eagle Ford.

    They say that their D&D costs are in the $38/bbl range. Most other shale players that cannot match this number.

    Sell the others, do not sell COP. The low cost provider always prevails.
    Oct 27, 2014. 02:39 AM | Likes Like |Link to Comment
  • Reading The Bond Market Tea Leaves [View article]
    So my banker calls me up last week and says "We need to loan some money. You want some?"

    I said "What's the deal?"

    He says, "We will loan you 20% of what you have on deposit at 5% interest, but for you today - unsecured."

    So I say "You are paying me 0.1% on my deposits, but you are willing to loan my money back to me for 5%, unsecured?"

    Who needs security in this kind of situation?

    Thanks but no thanks.
    Oct 27, 2014. 01:59 AM | Likes Like |Link to Comment
  • Oil & Gas Correction Scorecard: The Dawn Of A Recovery? [View article]
    Remember when Obama said " We can't simply drill our way out of the problem."

    Well guess what, first we drilled our way to the poorhouse with nat gas.

    Now, we are doing the same thing with oil.

    Politicians have no clue that we in the oil business can do the supernatural, even if it ends up being no good for us.
    Oct 27, 2014. 01:17 AM | Likes Like |Link to Comment
  • Update: Earnings Decline For Ford But The Long-Term Prospects Remain Bright [View article]
    So on Friday at 3:24 PM I am staged to run the Texas Mile. My pure stock (delimited) 5.0 Mustang GT blows through the standing mile at 158.8 mph.

    I have owned a lot of cars. This Mustang has more performance per dollar than ANY car I have ever owned. It was a true bargain.

    So I get back to the trailer, check stocks, and find F is down 4%. Que paso?!?!

    Knowing that the new Mustang will be a better car in every way, more power, IRS, updated ergonomics and more worldwide sales, I do not understand.

    I think the new car will sell like hotcakes. I think it will add substantively to Ford's bottom line. So on Monday, I will get longer.
    Oct 27, 2014. 12:34 AM | Likes Like |Link to Comment