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Deltascared

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  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    No they were let off.

    From Wiki:

    The Department of Justice later narrowed the charges against Minister King Shabazz and dismissed the charges against the New Black Panther Party and Jerry Jackson. The decision to dismiss the charges has led to accusations that the Department of Justice under the Obama administration is biased against white victims and unwilling to prosecute minorities for civil rights violations. These charges have been most notably made by J. Christian Adams, who in May 2010 resigned his post in the Department of Justice in protest over the Obama Administration's perceived mishandling of the case, and by his former supervisor Christopher Coates.
    Sep 16, 2012. 01:47 AM | 4 Likes Like |Link to Comment
  • Chesapeake Energy: $3.3 Billion Permian Asset Sale Disappoints [View article]
    The important thing is paying the debts. I don't think they got top dollar for the assets they sold. But, knowing Aubrey, I don't think the buyers got the silverware from Pops and Thunder tickets, too.
    Sep 15, 2012. 05:59 PM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Where are you getting info on PZG?

    My bud-analyst who chases many crazy things said I would have to get a house next door to the factory and be in the bar every evening and talking to learn about them. That would only go so far as I refuse to dress like a girl.

    Looking macro, however, any miner is going to rise the question is how far. The Mideast is a raft of trouble. We keep running to QE solutions for everything.

    On the other hand, the election is looming and Ben may not be the mad printer very long, The folks who may win think spending and tax cuts, as our POTUS said, "are the cure for everything.". Of course, you should consider that Europe is discovering the limits of social spending and the BRIC gang is taking a long, cold shower this year.

    Nonetheless, I am high on gold and silver and I am wondering where the guy is who predicted a slam down to "$1,400 and soon!" on these pages a month or two ago. Some people have too much emotion.

    With no info about the corps you mentioned and CHK looking settled at $20, I may throw money more on CHK for next year. Most CHK options look far off at $23 and $25 but my buddy says wait till Dec..
    Sep 14, 2012. 12:29 PM | Likes Like |Link to Comment
  • 4 Stocks Saved By Apple's iPhone 5 Announcement [View article]
    You mean $1,000 by Feb of 2014.

    I am just riding calls. $725 in Jan of 14!

    Thanks to Rocco and Beacon. I will sell shortly then buy on plateaus or dips.
    Sep 13, 2012. 04:29 PM | 1 Like Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    He could probably answer you better than I. But I will offer what I know.

    As to your question, naturally, the book value will decline because you sold assets. I tend to worry about share price and book is an interesting detail.

    CHK needed to sell assets. They did so. Then CHK went down in share price.

    The problem is that the investors apparently are not as enamored of the price paid as they could be. Several of the Aubrey haters predicted that the sales were just part of a downward spiral and no player in gas was going to pay well (excuse the pun) for property or leases at this time. Of course, you had the real negative folks who thought that NOTHING would be sold and Chap 11 was in the offing.

    The sales were good news. However, I don't think that Chevron is in the habit of overpaying the competition.

    The worry for reasonable investors and analysts could be that the firm is shrinking and the future income is going to suffer due to the loss of potentially high performing assets. They probably realize that the firm still has good properties and is making a sound move into oil. If they listen to the company they would understand what is going on. Given the small stock decline, that is probably the case.

    Things will get better quickly if energy prices, esp. Nat Gas, continue to rise.

    I think that Aubrey should produce a movie of what is going on with the firm. Just having an informed audience would probably run the stock up 60% or so. And people might like him more.
    Sep 13, 2012. 01:21 PM | 1 Like Like |Link to Comment
  • Chesapeake Energy: Buy Or Sell? [View article]
    I got in when the firm really looked like "No Sympathy"'s description. At this point, this firm has had such extensive physicals that the compilation of facts from auditors and consultants would likely put to shame most any blue chip with the possible exception of our banks.

    The strange thing is how the rap against CHK resembles the political talking points we are all hearing in consisting of a collection of negative comments with little real research or facts behind them.

    An analyst I respect has followed them and told me to get in if I trusted Aubrey some time ago. My instinct said go with the guy although the extent of the board's shortcomings were unknown to me.

    The same analyst thinks that $45 a share is low by year end and the headline and rumor mill has poured tar on this firm to such an extent that CNBC and even Fox Business can't mention anything positive without looking really stupid for the knocks and cautions of the past year. So the price may sit at $16 to $20 until the black remarks are forgotten and that may take some time.

    Unless Nat Gas goes back to $1 I don't think it will take that long at all.
    Sep 12, 2012. 03:35 AM | 1 Like Like |Link to Comment
  • Now Is The Time To Sell Apple [View article]
    I think A is high for several reasons, too. But you agree that Apple is doing around $40 B a quarter in revenue now and then you make some other assumptions for the future that easily justify a $700 - $800 share price? Then you start talking about slowing growth and a price bubble.

    You and I agree. Except for one thing:

    I read this same sort of analysis about McDonalds. Forty plus years ago.

    Well, the bulls see AAPL as similar to the former position of the auto makers or McDonalds. And have you looked at the other major firms in our economy? It is not exactly China here.

    Then you mentioned the housing bubble. Well...I am going to check and see if Fannie and Freddie and Frank and Dodd were getting into giving away iphones to achieve some social goal.

    You are probably right but there is not going to be a massive crash of AAPL for the reasons you gave. No way. Maybe a competitor catching on or WWIII or our entitlements causing a major economic catastrophe can sink the stock.

    I can't see the sales picture doing it.
    Sep 11, 2012. 12:34 AM | 1 Like Like |Link to Comment
  • Chesapeake Energy: Dividend Yield, Debt Reduction, Asset Sales Make It Best Natural Gas Stock [View article]
    Bob de'Long -- I have read your stuff and find you direct and very smart.

    Just to add to your comment about "irrational sales" though, I have had some connection to debtor firms when the banks and other lenders show their fangs.

    You do as they say. Most of the time their program makes some sense. Sometimes it makes NO sense since they are not hired management and will not realize the returns from the real investment and risk operations of the business. In every case, it is aimed for their benefit, NOT the max in shareholder returns!

    CHK may come roaring back. I only hope that the long term loyalists are rewarded.
    Sep 10, 2012. 04:43 PM | 2 Likes Like |Link to Comment
  • Chesapeake Could Slip To $13 Lows By 2013 [View article]
    Aubrey? In the Bahamas? The only one I know is Aubrey Aquino. She is based up here in DC but was at the Reef.

    She can take my 3% anytime and the board can just stay out of my bed!

    Google the lovely lady. And NO CRACKS ABOUT GUSHERS!
    Sep 5, 2012. 08:38 PM | Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    I did say bad registrations. Do you know what a bad politician for the poor is? There is one in the WH.

    Back to the subject, anyone who can't get a photo ID shouldn't vote. They are free. If it wasn't chasing something away, there would not be this noise. Chicago is notorious for some things. Like the dead voting. And young people dead in the street or crack houses!

    I don't hate ACORN.

    I pity them. They are being used. The WH has done less than W for really poor folks or minorities. I hang with them so I know. They are about winning elections or maybe our POTUS would have stopped in Chicago to get something started to STOP the bloodshed!

    He only had about 105 golf dates and a million fundraisers!

    I don't think Giv. Romney is a bargain, either. But the Dems are an economic disaster and they are not going to help anyone. We have debt like a family living with a sub-prime mortgage in 2006 or 2007. Only this time it is the whole country. .

    Go look at our Messiah again. Is it clearer now?
    Sep 4, 2012. 12:16 PM | 8 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    MWinMD--Tea partiers want to take the right to vote away from someone?

    LOL!

    Oh we have no voter fraud. Just about 10,000 bad registrations just found in Carolina! Did I say 10K? How about 30K?

    http://bit.ly/UofPNk
    Sep 3, 2012. 11:00 PM | 3 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    I love to hear Dems hating former President Bush!

    I can see sooo much difference between the big spending, big government hawk on foreign policy W. And our dear O.

    Except W didn't hand out machine guns to Mexican drug dealers. And had 5% unemployment.

    He should have thought of giving WMD's to Saddam so we could bust him!
    Sep 2, 2012. 09:01 AM | 6 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    Showmesomeonewithabrai...

    Showmethejealouslyabou...
    Sep 2, 2012. 08:56 AM | Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    Pretty stupid conclusions. For one thing, bad mortgages had a lot to do with the 2008 meltdown. Like.... they caused it.

    All the animals on Wall Street did was roll them and sell them.

    A California S & L sunk Wachovia with about 24 Billion in bad loans. The couple in control were/are major Dem contributors.

    And let's see, does anyone remember the Community Reinvestment Act? And check out the Senator from Illinois who supported it.

    Protestors attacking bankers at home for affordable mortgages? Somehow, I don't think they were Republicans.

    Billions of bad mortgage loans sunk the economy. Deregulation was not a help to be sure but the desertion of sound lending policies created the poison.

    Then we had Dodd-Frank. Well, that is working out real well. Banks are afraid to lend.

    As far as regulation goes, when are the regulators going to stop theft like PFG Best and MF Global? .And is Jon Corzine a Republican? There is a whopping $1.6 Billion missing there and all you hear is crickets and the sound of investors getting crushed.
    Sep 2, 2012. 08:52 AM | 10 Likes Like |Link to Comment
  • Now Is The Time To Sell Apple [View article]
    Ha Ha I guess you are not selling Apple to buy RIMM, either.
    Sep 1, 2012. 11:37 AM | Likes Like |Link to Comment
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