whoguess

Is Oil Going to $80 a Barrel?

While the market price of a commodity is supposed to be determined by the basic fundamental of supply and demand, it may not hold true in a lot of cases, in particular in this rapidly changing stock market landscape, due to such factors as the increasingly large and influential presence of the huge and manipulative hedge funds, the army of sophisticated individual amateur investors, etc. For the short term, it looks like to me that global oil prices can go either way, depending on whether the short sellers or the long-term bulls win out. So far as I am concerned, even though, my oil stock porfolio has dropped more than 60% in value, a mistake of getting carried away during the oil bubble, I continue to hold onto them, being confident that a few years from now, I should be able to recover all my paper losses and may even make some money, instead of selling out at this inopportune time.

Thoughts on the Current Restructuring of Global Oil Demand

You have ignored a crucial factor, that is, the very real possibility that under the Obama administration, there will be massive conversion of vehicles from gasoline fuel to natural-gas fuel, given the recent huge discovery of shale gas reserves and the cheap extraction costs. This will substantially reduce U.S. and North American crude oil and gasoline consumption and produce a depressing effect on future crude oil prices from rising

BlackBerry Remains Leader in Smartphone Market

When I read comments on this blog recently, it gives me the feeling that AAPL has almost a cult-like following by some people who just worhip the AAPL iPhone products no matter what. These people put emotion ahead of their intellect, and one day, it's going to hurt their pocket. I call that hero worship, and the same kind of mentality can be said of those that enable a few radio hosts to get paid $ tens of millions a year and feel it's worth every penny!

Cramer's Stop Trading! Credit Cards Need Late Fees (4/24/09)

I received numerous persistent soliciting form letters from COF offering a very attractive rate for 6 months. Once the 6 month period passes, the normal very high interest rate sets in. Many people will never be able to pay off their debt at that kind of high interest. But the ads it plays on TV presents itself as if it charges a much lower rate compared with other credit card companies. It just leaves many people wondering and confused.

Cramer's Mad Money - Hitting Bottom (4/16/09)

I have great respect for Mr. Cramer, but I must say I lost quite a lot of money listening to his recommendations, such as the stocks of one large U.S. natural-gas rich company and a few small U.S. gas and oil exploration companies. They all fell more than 80% from their highs when these stocks were recommended, but to be fair, this is just one personal experience. I think a lot people have benefited from his recommendations as well.

Petrobank Energy Can Deliver, Even with Low Oil Prices

A very well researched article. Basically, at the current depressed oil environment, PBG is in general fully valued as many other small oil exploration companies in Alberta. It's light-oil assets may be attractive to some major oil companies. If that's the case, the company needs to be broken up, so that its oilsands properties are sold or kept by the current owner as a separate unit. If you believe oil prices will go up to $80 in a couple of years, this company will be a very good money- making machine and the stock price can double from here easily.

What Cramer Did Not Tell You About Research in Motion Stock

According to you, insider selling totaling $13M over the last 90 days and no insider selling since Feb.13th. To me, that's great good news. Do you know the huge amounts of shares insiders hold? In comparison, that $13M amounts to peanuts. In addition, RIMM is well known to be an extremely well managed company and I doubt its management will allow insiders access information that'll benefit its employees at the expense of shareholders. You're making a mountain out of a mole hill. Have you been shorting this stock?

$200 Oil Is Coming While We Waste a Perfectly Good Crisis (Part 3)

What I think is going to change the game completely is the recent discovery of huge recoverable shale gas resevoirs in both the U.S. and Canada, sending NG prices tumbling to $3.90 per standard unit. This, coupled with President Obama's push for alternative energy, will quickly force U.S. auto manufacturers to build cars that use NG instead of gasoline, which requires only very simple modifications to gasoline-engines. When this happens, which I expect to occur quite quickly, can push back the price of crude and have a considerable dampening effect on crude from spiking or rising in prices quickly.

Chesapeake Energy CEO in Questionable Compensation Deal

It's time that President Obama's common sense approach be applied to CEO compensations and the structure of boards of directors for American cooporations. These people have been robbing and stealing from shareholders of their profits for decades with impunity. Without any regulation in place or with so-called regulation currently in place, it will be business as usual for this greedy and unethical bunch. It's no different from asking foxes to look after your chicken coop.

Chesapeake Energy CEO in Questionable Compensation Deal

Only grassroots revolts and waking up to common sense by shareholders can this kind of wanton, flagrant, unlimited greed to the core by corporate CEOs, in the name of the ridiculous lame claim of retaining talent, be stopped.

Are Stocks and Oil Bottoming?

One crucial factor that needs to be considered is that since there is available huge, long-term supply of natural gas from shale in the U.S. As market forces work, there will be significant shift from gasoline to natural gas as fuel for automobiles in the future. That can quickly throw the medium or even long-term demand for oil off the forecasted track.

RIMM Taking Recession in Good Stride - RBC

Hayweed, so you're really beginning to get scared shorting RIMM? Your comments won't save your skin though. Good luck!


On Mar 13 12:35 PM Hayweed wrote:

> Pure speculation by this analyst. The storm is a flop, Rimm has too
> many models, too many new models have problems. Short this stock

Goldman Analyst Expecting 'Swift and Violent Rebound' in Crude Oil Prices

Obama now has the brightest staff to work under him to run the nation.
How much are they paid a year? A US president is paid in the neighbourhood of around $450,000, his cabinet ministers average around $200,000 each, and his oval office staff about $100,000 max. All these people are the brightest and shoulder the heaviest responsibilities.

Compare this with the astronomical tens of millions dollars that the CEOs of US investment banks and large corporations have been traditionally paid annually, you can see how much ordinary investors have been exploited and short changed. Unless there is a revolt at grassroots levels, this kind of insane and egregious ripoff will go on as business as usual once this financial meltdown is over.

Goldman Analyst Expecting 'Swift and Violent Rebound' in Crude Oil Prices

100% agreeeee. Can't be put better.


On Jan 20 03:31 PM Crossland wrote:

> Another self-serving “analyst” offers up some half-baked report in
> a lame attempt to boost prices in the short term, hoping to emulate
> what’s-his-name from Morgan Stanley, who sent prices soaring in June
> on speculation of a US$150-barrel by July 4.
>
> These guys are mere speculators who do not really “expect” a price
> rebound but, rather, are PRAYING for one to boost their pathetic
> bottom line. The financial collapse has completely discredited these
> morons. The big reason for the cataclysm is that the major players
> have been revealed for what they are: crooked, corrupt and INCOMPETENT
>
>
> Idiots!!

Goldman Analyst Expecting 'Swift and Violent Rebound' in Crude Oil Prices

100% agree. Can't be put better.


On Jan 20 03:31 PM Crossland wrote:

> Another self-serving “analyst” offers up some half-baked report in
> a lame attempt to boost prices in the short term, hoping to emulate
> what’s-his-name from Morgan Stanley, who sent prices soaring in June
> on speculation of a US$150-barrel by July 4.
>
> These guys are mere speculators who do not really “expect” a price
> rebound but, rather, are PRAYING for one to boost their pathetic
> bottom line. The financial collapse has completely discredited these
> morons. The big reason for the cataclysm is that the major players
> have been revealed for what they are: crooked, corrupt and INCOMPETENT
>
>
> Idiots!!