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  • L&L Energy's DaPuAn And SuTsong Mines Shut Down, Historical Production Called Into Question [View article]
    Wow! Look....another public service announcement.
    May 13, 2014. 03:52 PM | 3 Likes Like |Link to Comment
  • The Reality Of L&L Energy's Hong Xing And DaPuAn Coal Washing Facilities [View article]
    "In the Public Interest" should be stated as "In the Interest of our Short Position".
    Apr 30, 2014. 11:33 AM | 7 Likes Like |Link to Comment
  • Gray Fox Petroleum: A Promoted Stock At Risk For A Trading Halt [View article]
    Has anyone ever checked to see if Tobin Smith is really involved or did the advertiser just use his name and likeness? I received on of the emails and first thing I thought was that TS may not have anything to do with this and some hack was using his name and likeness.
    Mar 5, 2014. 02:12 PM | Likes Like |Link to Comment
  • Despite Attractive Projects, Cheniere Shares Not A Bargain [View article]
    Asking what the price will be at the end of 2015 leads me to ask another question. With US technology in gas fracturing getting ready to hit the ground big time in Europe, what will be the natural gas price in Europe in 2015. That will determine more than anything what the price of Cheniere Energy stock will be.
    Mar 4, 2014. 10:57 AM | 1 Like Like |Link to Comment
  • Despite Attractive Projects, Cheniere Shares Not A Bargain [View article]
    Well, I have to make a couple of assumptions here to come up with a number so bear with me. LNG received their approval from the DOE in May of 2011, so I would expect that if they were smart they did not start spending on the plan until they received approval.

    If we look at the 10-Q from the period ending March 31, 2011 we will see that on that report they listed 2.93 Billion dollars of long-term debt. So basically they had already racked up about 3 Billion in debt on their plans to import LNG before they changed directions to export LNG.
    Mar 4, 2014. 10:52 AM | 1 Like Like |Link to Comment
  • Despite Attractive Projects, Cheniere Shares Not A Bargain [View article]
    Thanks. I have never seen any ebitda calcs and now with knowing that their long term debt is 6.5 Billion dollars it is kind of no-brainer to stay away from IMHO.
    Feb 28, 2014. 10:54 AM | Likes Like |Link to Comment
  • Despite Attractive Projects, Cheniere Shares Not A Bargain [View article]
    Just take a look at their balance sheet. Long term debt is at 6.5 billion dollars. Total liabilities now at 9.5 Billion dollars.
    Feb 28, 2014. 10:48 AM | Likes Like |Link to Comment
  • Despite Attractive Projects, Cheniere Shares Not A Bargain [View article]
    I agree completely with your analysis. This company is carrying a pile of debt from their previous plans to import LNG. I believe they are carrying about 6 billion of debt and will take on about another billion of debt before the first trains are complete. The company most recently reported that the first two trains are only 56% complete and may still be two years away from exporting. Carrying that much debt and trading at a market capitalization of 11 billion dollars. Hard to believe they can be trading so high when they have not yet generated any revenue from operations. A lot of things could still go wrong before they ever start to export.

    I read an article yesterday that discussed the projections of US energy independence and how many wells had to be drilled in order to keep up the pace of expansion. It was an astonishing number and it is due to the fact the shale wells seem not to last as long as a more conventional type of well. Projections for our energy independence may be way off and this could affect natural gas prices if the expected abundance of natural gas is not there to export.

    LNG has been a great trade for many, but I would not have it in my portfolio as a long term investment.
    Feb 28, 2014. 07:22 AM | 2 Likes Like |Link to Comment
  • Value Investing In Volatile Times [View article]
    I highly doubt that Benjamin Graham would have ever considered a stock (Cheniere Energy, Inc: LNG) that carried 6 billion dollars of debt and has yet to generate any revenue from operations. They will have about anyother billion dollars of debt before exporting begins. I realize they seem to have a corner on LNG exporting, but their first two trains are still only 56% complete by the companies own reporting and could still be two years away from any exports at all. The next two trains will be two years out beyond that. How in the world can a company trade at a 10 billion dollar market cap? Can you say overpriced? This stock could as easily drop back down to $20 per share as well as go to $60 with the current technicals. I would never recommend it to traders or investors without the caveat that it is a very very high risk trade. There are a lot of things that could still go wrong before they ever export any LNG.
    Feb 26, 2014. 07:22 AM | Likes Like |Link to Comment
  • L&L Energy: Buy This Coal Stock Trading At Half Its Book Value [View article]
    Yes and if we believe that UNEMON1 just "wants to help other people" and this is not about money then I have a bridge that I would like to sell you. This clearly appears to me like the work of someone who either
    1) is short the stock and is trying to drive it or keep it down (or)
    2) is not short but is getting paid to bash the stock for some other entitity who is short the stock.
    Aug 12, 2013. 07:34 AM | 1 Like Like |Link to Comment
  • Arch Coal, Peabody Set To Surge 40% Or More [View article]
    You must have been watching TV and heard China's GDP projections are down...LOL Yah, down from 9% to 7%. 7% GDP growth is still huge growth compared to our anemic growth rate. Why do you think the Chinese government wants all the coal mines to increase production?
    Mar 8, 2012. 03:37 PM | 1 Like Like |Link to Comment
  • Evidence That Warren Buffett Manipulated The Silver Market In Late 1990s [View article]
    The thing that bothers me about Buffett is that now if he is asked about gold and silver his response is almost always the same...something to the effect of why would anyone want to own something that does nothing but just sits there. Well Mr. Buffett, you have done it in the past to the tune of over 100 million ounces so why was it good then but somehow now it is not. Did the entire episode scare him or does he think these old stories will keep coming back if we find out he is dabbling back into the silver market.
    Feb 22, 2012. 10:27 AM | 1 Like Like |Link to Comment
  • True Owner And Legal Representative Of The Ping Yi Mine Speaks Out To Expose L&L Energy Fraud [View instapost]
    Someone provided a preview of this story on Yahoo Finance message board yesterday with a link to the "Chinese government office" so we could see the SAIC filings.

    Small problem though after I checked the ISP. Here are the two checks that I did.

    Using that I found ISP to be:

    Then verified location from this website:

    Hmmm....."Chinese government office" uses an ecommerce company in Columbus, OH to host its website?

    How many of you actually believe that a Chinese government office would use an ecommerce company in the US let alone in Ohio.

    I am sure that is why today they did not provide any links. They were already found out to be a fake yesterday and only show pretty pictures.

    I have reported you to the SEC today as well.

    Oh and here are the links to the yahoo poster who should be tracked down but strangely the person's firt post was yesterday....imagine that.....did not want anyone to know who he was:

    How long with this one last on SA before this gets pulled.
    Feb 16, 2012. 07:57 PM | Likes Like |Link to Comment
  • The Great Transparency Wall of China Part I [View article]
    After your response I have a question back for you. If you truly feel that I don't understand the need for short selling and that it provides "essential roles that short sellers play in price stability, liquidity, integrity of markets"

    THEN, tell me if it is so essential, WHY when a stock gets an IPO there is no short selling allowed for several weeks? If it is so essential for there to be short selling in the market why is short selling not allowed during this period? Seems to me it is not that essential. Maybe essential to you if you want to you say...." finding edges to exploit" .....I would not consider myself an exploiter of the market but an investor.
    Jun 15, 2011. 07:43 PM | 1 Like Like |Link to Comment
  • The Great Transparency Wall of China Part I [View article]
    I'll have to say you did not do ANY due diligence or you would not have grouped LLEN as a Chinese stock. LLEN is a US company doing business in China. It is not a Chinese RTO. It did form from a reverse merger years ago but at least do us investors the respect of doing a little bit of research on a company other than just reading the other hit pieces and spewing out the same thing.
    LLEN: US company, US citizens, subject to US laws and lawsuits.
    The problem I have with short seller is they only make money when others lose money. All short selling should be abolished. If you want protection or to profit from a move down it should only be done through the options market and shorting shares should not be allowed. I believe that LLEN has also been on the naked short list for weeks. Lets see the SEC put and end to this.
    Jun 8, 2011. 07:54 PM | 4 Likes Like |Link to Comment