Wow I just checked out Tibco's website... they are light-years ahead of DWCH in terms of driving online sales. Not entirely sure what a prosumer is and why they need big data analysis tools though. Makes me wonder... are all these data visualisation tools basically targeted at dummies who don't really know how to use Excel?
You can go to scrapyard and pick up a car for real cheap. Then you can spend money fix it up and sell it for a profit, or maybe you discover it's unfixable so it's actually worth nothing. Maybe YHOO ex-alibaba is just a piece of unfixable worthless junk.
Yeah ok I got it now. I assumed the Sept vs Jan increase in CAN prices in your table was due to FX since WTI prices were flat for those two specific months, but I checked and the USDCAN FX barely budged either so that's obviously incorrect.
Reason I checked the hedged production was to see if it was in CAN or USD (since locking in at USD would make it sensitive to FX). But it is locked in at CAN prices which makes more sense since as you indicated, accounting is in CAN.
So how is it that the prices you listed have moved up so much with basically flat USD oil prices and neutral FX? I know the WCS-WTI differential was tightening up but doesn't that only apply to the heavy oil grades?
PS: I mistakenly posted under my autofocus111 ID.
---the loans are backed by almost nothing----
Are you saying much of the debt issued by the three Russian banks was unsecured by any hard assets? I find that very hard to believe. I thought Igor pledged shares to make up for the loss in value of those hard assets.
---he took them back, leaving the loans unprotected. this why they suing him in court to seize his shares.---
I wonder how Igor managed to 'unpledge' his shares without approval from the debt holders? Did he break into a safe at the banks and take the share certificates?
Yes the whole sector is down so what? Yes MM are highly likely delta-neutral so what?
The traders taking the other side may or may not be hedged. No one knows that except those with the associated positions. And why is VALE glued to 12 today? You think that has nothing to do with the large put OI at 12 strike?
A pittance? 50K contracts corresponds to 5M shares which is roughly 25% of the ave traded volume. That's significant imo. What the strategies behind these options positions are no one except those who traded them knows.
Huh? It most certainly is quadruple witching date today and market action is factoring this in.
And I don't know about all the stuff the original poster claimed, but VALE price is evidently being pinned at 12 because of the large OI at this strike price on the put options expiring today.
Uh, seriously, how much met coal does Middle East and Africa use again? Like an upgrade over there matters in the big picture.
@@@@@Goldman Sachs analyst Neil Mehta and team don’t think coal prices are close to bottom yet. They believe met coal could fall to $120 a metric ton during the fourth quarter of 2014
I like how he bailed out as the ship slowly starts to sink. Perfect timing, unlike the CSCO CEO Chambers who still thinks he can get to harbour safely.
+1. Interesting also that there's been no significant rollover of this position. The only large open interest I see is in the 30 strike puts for Jan 2015 and 2016 expiry.
Are you nuts? We finally get some positive news and sustained upward price momentum and you want a pullback that could destroy it? You had many opportunities in the last few months to buy at that level or even much lower. If you did not have the conviction to add to your long position during that period that is your fault. Deal with it, and be happy that the stock has finally turned the corner. Sheesh!.
It's not always that simple. Debt may not be maturing, but a failure to meet covenants attached to the debts could trigger demands for early re-payment.