pprimo

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  • S&P 500 and Oil
    diversification nightmare? ummmm, you mean perhaps divergence?
    Oct 14 20:48 pm |Rating: 0 0 |Link to Comment |View article
  • Game Changer in Solar Energy: PG&E Inks Deal
    doing mega solar projects makes a much sense as putting a mini-refinery in each household. Solar lends it self to site based installation, not megaplants subject to huge transmission losses. This is a step forward ONLY in that it may help lower the cost of the cells to the tipping point of grid parity. Then again, driving up demand for solar may keep prices high and prevent the decentralization of power generation that the power companies fear is coming. Disintermediation in power production, could be slowed by utilities hoarding solar production.
    Aug 16 13:18 pm |Rating: 0 0 |Link to Comment |View article
  • Altria: Spin Details
    This would seem to infer that at today's prices. and the announced 1-1 split. 73/2=36.50 each price on the split date.
    MO would fall 17.00 but PM would rise 17.00. or so.

    You can bet that mo has something up their sleeves besides buybacks. UST will suffer as MO's moist tobacco gains share, and when the price comes down, that will be the right timing for an acquisition. UST cannot compete against that much lower pricing by MO longer term. Watch UST's reported margins as the respond to the MO challenge.

    Feb 08 17:09 pm |Rating: 0 0 |Link to Comment |View article
  • Countrywide's Angelo Mozilo: A Portrait of Suspicious Insider Selling
    P.S. to above post. It was after this new contract that he suddenly got "diarrea of the mouth" calling this worst RE market since the depression yada yada yada. So compenstation tied to price=smooth talking "im an old man, time to sell some stock" to they sky is falling.

    Hang him high for all to see.
    Feb 03 10:46 am |Rating: 0 0 |Link to Comment |View article
  • Countrywide's Angelo Mozilo: A Portrait of Suspicious Insider Selling
    Angelo could use the time in jail to break his "suntan" habit. Seriously, the man makes enron look like boyscouts. I believe in the end, Angelo will be the new poster child for all that is wrong with wall street.

    Interesting that he renegotiated his contract, removing stock price, equation giving him incentive to drive the price DOWN so he could buy back in cheaper.
    Feb 03 10:43 am |Rating: 0 0 |Link to Comment |View article
  • LDK Found Error-Free, Rises 30%: Where is the Solar Rally?
    I see now reason why a laggard catching up should create a euphoria rally in the entire sector. I'm always amazed at some of the stuff I see here with tenuous links or hypothesis at best.
    Dec 19 13:04 pm |Rating: 0 0 |Link to Comment |View article
  • MEMC Getting Ahead of Itself?
    Correction, on my statement above, reviewing the 3Q conference call, on additional capacity, "A good question, Steve. We still have capacity out of our expansion to be able to do one other deal, about the size of the original or the combined Gintech deal."

    That deal combined is $3-$4 billion in revenue to MEMC through 2017.
    Dec 15 12:46 pm |Rating: 0 0 |Link to Comment |View article
  • MEMC Getting Ahead of Itself?
    Interesting. Wonder why SP (notably conservative) raised their price target from 82.00 to 101.00 a few days ago. 65.00 price target must be ancient. I smell a short smear job here. WFR still has yet to announce the other half of their new plant capacity sales. They can handle another deal of the size of the recent 8billion dollar Conergy deal.
    Dec 13 15:22 pm |Rating: 0 0 |Link to Comment |View article
  • American Eagle Outfitters Is Cheap Relative to Its Peers
    I made 40% on AEO last year when it was this low. Have loaded up. But, I wonder why everyone thinks they should be in the underwear business. That does concern me a bit that a teen retailer sees their future in underwear. Have not really looked hard at exactly what they are doing in that regard.
    Dec 13 08:23 am |Rating: 0 0 |Link to Comment |View article
  • Bolt a Buy, Noble Grows Profit and Margins
    Nice, overlay of charts shows the gap with GSF/RIG closing quickly.

    up 6% in one day. Now, just waiting for buybacks to kickin. Maybe that was a contributor to today's action.
    Nov 06 18:36 pm |Rating: 0 0 |Link to Comment |View article
  • IEZ: Schlumberger's Weak Earnings Call Sector Valuation Into Question
    your talking about GOM weakness? But the drillers are saying they are "pleasantly surprised" by the upturn in GOM business. GOM has been lagging badly for some time. The fact is, GOM is world class field that has not receive the attention it deserves. The recent highly successful lease auction shows there is intense interest in this proven lower risk play.

    I'm in the camp of GOM's weakness is an opportunity in a big way at 100.00 oil. And international companies will be the main players. Think about buying rigs and services with the US dollar in the toilet. GREAT ROI, risk/reward.

    Nov 06 18:34 pm |Rating: 0 0 |Link to Comment |View article
  • Bolt a Buy, Noble Grows Profit and Margins
    Look for Noble to establish a new upleg in price after a long consolidation. One catalyst for this will be the resumption of share buybacks due to start around the time of the release of the 10-Q as stated by Bill Sears in the conference call.

    My target for this next upleg should bring the price to 63-67. The questions surrounding the CEO's abrupt departure have been addressed. That was holding the stock down, creating a divergence with RIG/GSF that I expect to close. The drillers have held up well in a tough tape even increasing several points during several hundred point drops. I like what I see.

    Oil collapsing is the most worriesome aspect here. Although the market is increasing realizing that these long terms contracts are not dependent on the price of oil. The costing of the drilling projects by the customers are done on 43.00 oil.

    With the Major Oil companies production declining, they are expected to more aggressive in the drilling programs to help replace the increasing losses of access to NOC's reserves.

    Nov 04 09:49 am |Rating: 0 0 |Link to Comment |View article
  • Comparing Bubbles: China vs. Nasdaq and Homebuilders
    looks like the grandaddy of them all. for sure. any chance you could overlay gold and oil on these charts (and the baltic dry index).

    Looking for a trading pair that may help.
    Nov 03 19:14 pm |Rating: 0 0 |Link to Comment |View article
  • Transocean Tops Estimates on Increased Rig Rental Rates
    pretty impressive overall. but, GSF just announced after the close, they did nearly the same amount of earnings on or 2.06 on 50% less revenue. Frankly I was disappointed by the merger because both companies have lagged since it was announced. What is clear, is that the combined earnings for both companies will be considerably higher than most models are showing with GSF outperforming. GSF is certainly shaping up to be a bargain. Also, from the Rig conference call, note the optimism on jackups in Gulf of Mexico following favorable lease auctions.

    The other highlight from the transocean call was the increasing aggressivness on the part of the Large oil companies towards their drilling programs. currently the most agressiveness is being shown by the NOC's or nationally owned oil companies.

    DO's valuation target was recently raised to 178.00/shr, expect the rest of this elite group to follow.
    Oct 31 20:36 pm |Rating: 0 0 |Link to Comment |View article
  • No Reason For National Oilwell Varco's Stagnant Stock
    you are kidding right?
    Oct 29 13:38 pm |Rating: 0 0 |Link to Comment |View article

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