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Frontline Ltd. Message Board

barbershores 115 posts  |  Last Activity: 7 hours ago Member since: Oct 15, 2005
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  • barbershores barbershores 7 hours ago Flag

    Dudes, the lot of you. Yeah, you.

    Youse guys are truly missing the big picture here. You keep focusing on money. It's not about the money. It's not about the taxes.

    Money is fictitious. Like the point score on a video game. Green backs are only valued so long as the government prints and accepts them. They have no intrinsic value But, most of what we call money is something else. Most all of what we call money exists as our perception of the value of our homes, the debt the bank has, the debt in the bonds we own, and what we believe to be the equity in our stock portfolios.

    Where does money come from? Most all of it comes from someone's debt liability. When the treasury sells securities, or a bank makes a loan. Someone has to accept the liability of making or taking a loan, and then the money is created to fill that acceptance.

    The money isn't all that important. What's important is that we have products and services wanted by people made available. It come down more to people working providing those products and services wanted by the citizens. Higher quality workers put out better stuff and better services than low quality workers, so they are more prized.

    One nuclear bomb going off in one major city would overnight kill most all of what we perceive to be money. People in droves would want to sell their stocks to have cash. People in droves would want to sell their bonds to build their cash. People with homes would attempt to sell their homes in droves to build cash. All these so called assets would overnight be worth a fraction of what we previously thought they were worth.

    Cash, sounds great. But, if in a bank, and that bomb goes off, the banks collapse too. The reason the banks collapse is because for every dollar in an account, there are 10 to 20 dollars worth of debt owed them. So, a drop of 5 to 10% of the value of their collateral, and the banks are insolvent, once again. sigh!

    Best of luck,


  • Finally reality is starting to become apparent.

    Pella Cooperative Electric sent out a notification on June 18 alerting customers that the “facilities fee,” which is the fixed part of the monthly bill, will triple from $27.50 per month to $85 per month – but only for customers with solar panels or another source of their own generation.

    Utilities and co-ops around the country are seeking to increase flat fees that are assessed on customers' bills, saying ratepayers who generate their own power aren't covering their share of the costs of maintaining the grid. Advocates say this approach fails to account for the full value of distributed solar.

    Pella's board of directors decided to hike the fee for distributed generators on its system after it did a “cost of service” study, something it does periodically “to make sure the cost-causer is the cost-payer,” according to John Smith, the co-op's chief executive officer.

    The study concluded that customers who generate some of their own energy – there are now 12 of them in Pella's territory – are not paying their share of the co-op's costs to maintain and operate assets such as poles and power lines and transformers.

    Best of luck,


  • barbershores barbershores Jul 21, 2015 2:54 PM Flag

    Hi Mr. Stocks,

    I just read an article that foreclosures are at a 10 year low. Which is it? 10 year low, or foreclosures exploding?


    U.S. foreclosure activity in first half of 2015 fell to 10-year low

    Best of luck,


  • barbershores barbershores Jul 21, 2015 2:44 PM Flag

    Hi Mr. Phule,

    I found your take on Mr. McCain to be sickening. I am not a McCain supporter, it is just that I found your comments to be hurtful beyond reason and beyond reality.

    However, I do not consider Mr. McCain to be a war hero. What he is, is a war victim. I do not know for what reason people will raise victimization to hero status. It happens with both the right and the left.

    I shall attempt to find how Mr. McCain qualifies as a hero using Webster's definition of Hero:

    1. a man of distinguished courage or ability, admired for his brave deeds and noble qualities.
    NO. All Mr. McCain did was survive being a prisoner of war.

    2. a person who, in the opinion of others, has heroic qualities or has performed a heroic act and is regarded as a model or ideal: He was a local hero when he saved the drowning child.
    NO. Mr. McCain did not do anything to help others putting himself in danger in any manner than any other member of the armed forces.

    3. the principal male character in a story, play, film, etc.
    Perhaps this is it. His life has become a story, and he is the principal male character.

    4. Classical Mythology. a.a being of godlike prowess and beneficence who often came to be honored as a divinity. b.(in the Homeric period) a warrior-chieftain of special strength, courage, or ability.
    c.(in later antiquity) an immortal being; demigod.
    5. hero sandwich.

    6. the bread or roll used in making a hero sandwich.
    To be continued with a test for victim


  • bloombergDOTKOM/news/articles/2015-07-19/saudi-arabia-crude-oil-exports-fell-to-6-94m-b-d-in-may?cmpid=yhoo

    Saudi Arabia’s crude oil exports slumped to a five-month low in May as local refineries used more supplies and some plants in China closed for maintenance.

    The world’s biggest oil exporter shipped 6.94 million barrels a day in May, down from 7.74 million in April and the lowest since December, according to data published Sunday on the website of the Joint Organizations Data Initiative, or JODI. The drop in exports is more than Qatar produces in one month. New refineries in Saudi Arabia are leaving less crude available for overseas at a time when the market is in surplus.

    Chinese refineries had almost 1 million barrels a day of capacity offline in May, almost twice the total in April, according to London-based Energy Aspects. Brent crude futures declined for the past two months as U.S. drillers added more rigs and OPEC production exceeded its monthly output target for more than a year.

    “It’s very clear that if China sneezes, Saudi oil exports will get a cold,” Mohammed Ramady, professor of economics at King Fahad University for Petroleum and Minerals at Dhahran, Saudi Arabia, said by phone on Sunday. “The fall in Saudi crude exports in May illustrates the tight rope of opportunities facing major oil exporters with their dependence on a single market like China for sustaining their growth.”

    Saudi refineries used 2.4 million barrels a day for their own operations in May, up from 2.2 million in April and the most since at least January 2002, according to JODI data. The nation is building refineries to diversify its economy and add more jobs. Refineries usually boost output in hotter summer months in the Middle East when air conditioning demand peaks.

    ‘Alarming Numbers’

    “The numbers are alarming knowing that we are still in May and the summer demand will keep rising until August,” Ramady said. “This means that less crude will be available for exportation.

  • Reply to

    importance of frontline 2012 merger

    by stotwx Jul 16, 2015 10:00 AM
    barbershores barbershores Jul 16, 2015 12:14 PM Flag

    Hi Mr. Brood,

    A response to 2 of your points:

    1. " This stoick is still garbage." Maybe you shouldn't be buying stoicks. The rest of us are buying stocks. This one? Only when the timing and position is right.

    2. "will not move above $4 in years." I expect you will be surprised when you are proven wrong. A lot of money can be made in this issue between the 200dsma and 3 bucks. Then, the 3 buck overhead resistance "WILL" fail. I have no clue why you chose FOUR. FIVE is the next major overhead resistance area. Wouldn't be surprised to see it bounce between 2.30 and 3 for a couple of quarters then trade between 3 and 5 for awhile.

    Still, From 2.47 to 4 is a 62% return. Get real dude.

    You come across as unrealistically pessimistic.

    My recommendation is for you to take off your brown colored glasses, and look at what is happening both technically and fundamentally to see the real numbers. FOUR is absolutely of no consequence.

    Any rosiness in this company, must be accompanied by spot rates remaining substantially above break even.

    Any benefit from the merger must be balanced with the dilution that comes with it.

    It's true that the operations have been hampered by excess capacity in the sector leading to low spot rates for an extended period of time. However, that is the old news. It ended 4th qrtr last year. Right now, spot rates are terrific. The question is for how long this condition shall remain. If things stay the way they are for 3 years plus, then this company will break above 5. Easily. I can make a case either way. But, I tend to be more bearish thinking that the current shortage will end either when Iran's fleet hits the seas once again, or, around the end of 2016. Until then, I trade long when the timing and position meets my criteria.

    This is absolutely the wrong time to be short in this company.

    Just my take after following/trading this company since 2004.

    Best of luck,


  • barbershores by barbershores Jul 12, 2015 10:06 PM Flag

    For those of you still thinking that medical conventional wisdom is 100% terrific and trust your doctor without second opinions or even a grains worth of skepticism.


    If you want to know for sure whether something works, you have to design a good test. Yet, every day, many studies are published that are so poorly designed, you shouldn't even wipe your table with them let alone use them to inform personal health or policy decisions.

    Still, that doesn't stop the media and policymakers from writing about and acting on shoddy research. This problem inspired a health researcher, physician, and journalist to team up to write a new guide on "study design for the perplexed." Published by the Centers for Disease Control and Prevention, their paper outlines five examples of the most common study biases around in order to leave readers with a sense of how to avoid being duped by bad studies.

  • barbershores barbershores Jul 12, 2015 9:40 PM Flag

    Here's the latest on Ms. Patrick.

    She was in an accident caused by another driver. A male. And boy is she #$%$.

    "Danica Patrick crashes after contact from Dale Earnhardt Jr."

    If it were a mediocre dude, would we have raised such a ruckus? No

    Would it have hit the news like when Ms. Patrick is plowed into? No

    Same with Ms. Clinton. In all of her endeavors she has been rather mediocre. The only reason anybody pays any attention to here at all is because she is a girl. A popular girl in a man's world. All she has to offer is a feminine perspective.

    Best of luck,


  • barbershores barbershores Jul 12, 2015 9:32 PM Flag

    Hi Mr. Rott,

    So, the fact that I think that black men in general are better at football and basketball makes me a racist?

    More an observation I think.

    There sure looks like some genetic predisposition to excel to me.

    So, does that makes me racist against whites? Sigh!!!!!!

    We can all sit in front of our TVs watching professional basketball, and say, look at all those neutral colored dudes running up and down the court, in an attempt to be politically correct, but the reality is that the vast majority of them have dark colored skin. I think it's genetic. One race superior than another in the "capacity" to play basketball.

    Best of luck,


  • Reply to

    FRO needs to announce a Divy for price to trade 3 +

    by rami36 Jul 11, 2015 1:43 PM
    barbershores barbershores Jul 12, 2015 12:19 PM Flag

    So, a run up to 3 is in the cards by January 2016. That would be a 25% gain. Without even paying a dividend or getting into an overheated area. In a world of 2% returns, 25% by January, 50% on an annualized rating since that's only 6 months away is awesome.

    Best of luck,


  • Reply to

    I salute the SC legislature

    by rogere1946 Jul 9, 2015 5:27 PM
    barbershores barbershores Jul 12, 2015 12:14 PM Flag

    How about destroying anything with an objectionable name or image. Then we would just name everybody and everything with just a single letter or number

    "In the aftermath of the demand by some to remove the Confederate battle flag from the South Carolina capitol grounds, more demands followed; from statues of Robert E. Lee and Jefferson Davis, to civil war memorials and names of U.S. military bases.

    Now, a tongue-in-cheek petition is making its rounds, calling on a popular restaurant chain to change its “offensive” name: Cracker Barrel. Or should I use the politically-correct C****er Barrel?

    The name should be changed to “Caucasian Barrel,” according to the petition’s author, Ryan Koch of Des Moines, Iowa:

    I say all of us European Americans start protesting C****er Barrel. It uses an offensive slur and it is deeply offensive and mocks our long and proud heritage.

    The name is offensive, their logo stereotypes European Americans as people who sit on chairs and lean against what appears to be a bourbon barrel, claiming we are all a bunch of alcoholics. Sure, they’ll SAY it’s a “cracker” barrel but everyone knows crackers don’t come in barrels, they come in bags and boxes!

    Change the name C****er Barrel to Caucasian Barrel. After all, white people should have something to be offended by, too!

    Obviously, White Castle should be the next target. "


  • barbershores barbershores Jul 11, 2015 9:38 PM Flag

    Here it comes.

    Earth heading for 'mini ice age' in just 15 years, scientists say.


    I wonder if 97% of the scientists agree on this one.

    LLANDUDNO, Wales, July 11 (UPI) -- Solar scientists, armed with the best data yet regarding the activities of the sun, say the Earth is headed for a "mini ice age" in just 15 years -- something that hasn't happened for three centuries.

    Professor Valentina Zharkova, of the University of Northumbria, presented the findings at the National Astronomy Meeting in Wales this week, Britain's Independent reported Saturday.

    Researchers, saying they understand solar cycles better than ever, predict that the sun's normal activity will decrease by 60 percent around 2030 -- triggering the "mini ice age" that could last for a decade. The last time the Earth was hit by such a lull in solar activity happened 300 years ago, during the Maunder Minimum, which lasted from 1645 to 1715.

    Scientists say there are magnetic waves in the sun's interior that fluctuate between the body's northern and southern hemispheres, resulting in various solar conditions over a period of 10 to 12 years. Based on that data, researchers say they are now better able to anticipate the sun's activity -- which has led to the Zharkova team's prediction.

    "Combining both [magnetic] waves together and comparing to real data for the current solar cycle, we found that our predictions showed an accuracy of 97 percent," Zharkova said.

    If the "mini ice age" does indeed arrive, scientists say it will be accompanied by bitter cold winters -- frigid enough to cause rivers, like the Thames in London, to freeze over.

  • barbershores barbershores Jul 10, 2015 8:29 PM Flag

    Hi Mr. Pete,

    There's the divided,

    the dividend,

    then there's the divident.

    The dividend would be from profit.

    The divident would be partially profit, and partially residual cash from the depreciation expense.

    Then there's the divided. Hmmm. I have no idea what the divided would be.

    Best of luck,


  • Reply to

    More Dependencycrat Libtard Logic from Lakeed

    by railsnstocks Jun 3, 2015 10:58 AM
    barbershores barbershores Jul 10, 2015 8:14 PM Flag

    Okay, Tiger is going to straighten this all out. He has been dating a transgender woman.


    No, they call him gay.

    "With the recent wins for marriage equality and praise for Caitlyn Jenner’s public transition, the social media responses indicate that transgender women are still othered and misunderstood. Calling Tyga gay mis-genders Isabella as a man and invalidates her identity as a woman.

    It’s also harmful to the men who want to pursue relationships with transgender women but might refrain from doing so for fear of a similar reaction. Laverne Cox recently stated she believes men who are attracted to transgender women are more stigmatized than transgender women.

    Tyga isn’t the first celebrity to receive negative attention for a reported relationship with a transgender woman. Eddie Murphy, Deejay Mr. Cee, Hank Baskett, and LL Cool J have all been linked to transgender women under headlines that question their sexuality."
    Nope. I'm still confused. Maybe it's the term "transgender women". Are they women or men? If they are women, just call them women. If they are men, call them men. The word "transgender" is just a term used by the liberals so they can keep track of the minority interests they think they own politically.

    Best of luck,


  • barbershores barbershores Jul 10, 2015 10:01 AM Flag

    The data may be good for this year, and possibly even next, but by the end of 2016 this bubble will probably have popped. That's saying that China continues to grow demand. If Chinese demand blows up, it can end sooner. Maybe much sooner. Oil prices falling is good for the sector if the price fall is from supply growth. If it's from a drop in demand, not so much.

    China may be on the edge.

    The projected profit for 2015 and 2016 is only enough to pay for 2 or maybe 3 tankers. So, though the profit numbers look big, it's not that big compared to capital costs.

    I think it unlikely to see much of a divident if any coming. Maybe one or two pennies just to push the share price up for a bit.

    Just my take.

    Best of luck,


    P.S. divident has been added to my dictionary. LOL

  • Seas could rise 6 meters even if governments curb warming: study
    Finally, a scientist with some math skills actually looked at the situation. It took long enough. Sigh!!!!! In order to "STOP" global warming, and to "STOP" the sea level from rising, we must first reduce our combustion of fossil fuels by something over 99.9%. But, that won't be enough, we would then need to cut back the other things man does that contributes to global warming to the levels before the year 1800, the start of the industrial revolution.


    OSLO (Reuters) - Sea levels could rise by at least six meters (20 feet) in the long term, swamping coasts from Florida to Bangladesh, even if governments achieve their goals for curbing global warming, according to a study published on Thursday.

    Tracts of ice in Greenland and Antarctica melted when temperatures were around or slightly higher than today in ancient thaws in the past three million years, a U.S.-led international team wrote in the journal Science.

    And the world may be headed for a repeat even if governments cut greenhouse gas emissions to limit global warming to a United Nations goal of 2 degrees Celsius (3.6 Fahrenheit) above pre-industrial times.

    "Present temperature targets may commit Earth to at least six meters sea level rise," the authors at the Past Global Changes project wrote. Some greenhouse gases can linger for centuries in the atmosphere.

    Such a thaw would threaten cities from Beijing to London, and swamp low-lying tropical island states.

    Lead author Andrea Dutton, of the University of Florida, said it could take many centuries for a six-meter rise, despite some ancient evidence that more rapid shifts were possible.

    "This is a long-term projection. It's not going to happen the day after tomorrow," she told Reuters.

  • Reply to

    losing steam seems like stock does not want to rally

    by rami36 Jul 9, 2015 10:40 AM
    barbershores barbershores Jul 10, 2015 5:11 AM Flag

    "don't make the heard mad".
    Probably reacting to the source of the voice in his head.

  • Reply to

    More Dependencycrat Libtard Logic from Lakeed

    by railsnstocks Jun 3, 2015 10:58 AM
    barbershores barbershores Jul 10, 2015 4:54 AM Flag

    Not sure if this is Ms. Jenner disclosing she is now a lesbian or not. If so, it was just 34 days. Who had 34 days in the pool?


    Is Caitlyn Jenner ‘Dating Transgender Actress Candis Cayne’?
    I find myself confused.

    Best of luck,


  • barbershores barbershores Jul 8, 2015 9:28 PM Flag

    Hi Mr. Rami,

    Repeating the title of your post: "Only one on this board has been correct calling this under three dollars"
    Nope. You're not the only one. I have been calling a pull back at least down to the 200dsma since the last earnings announcement.

    I remember being bearish, then switching to bullish in November of last year. You were still bearish calling for a break down at a buck and a quarter. In all the strength since then, you have been consistently bearish. The price is still up some 80% since your breakdown call back then. LOL

    You are only right when the price falls, and wrong all the rest of the time.

    Try not to get a stiff neck from patting yourself on the back. LOL

    Best of luck,


  • kare11DOTKOM/story/news/local/2015/06/29/sheerwind-designs-wind-turbine-of-the-future/29450105/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=kare/home

    Chaska company has some thoughts on the topic. I saw this a couple of years ago, it looks like they may have a commercial application soon to be commissioned.

    Couldn't cut and paste the text, so you would have to cut and paste the link into your browser and then switch out the DOTKOM.

    Best of luck,


3.09-0.08(-2.52%)Jul 31 4:01 PMEDT