Sun, Jan 25, 2015, 11:35 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Yahoo! Inc. (YHOO) Message Board

cash.mccall 549 posts  |  Last Activity: Jan 16, 2015 11:23 AM Member since: May 18, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • cash.mccall cash.mccall Jan 16, 2015 11:23 AM Flag

    Aussie transportation cost are also reduced and they are much closer to China. VALE gave away all its VALEMAX ships for free tot he Chinese and set up 20 year lease arrangements made when Oil was twice as high. Vale as usual is not going to benefit from these clumbsy sluggish moves by its Marxist management.

    Sentiment: Strong Sell

  • The Swiss essentially devalued the EURO against all currencies. But this will reverse when Dragi starts QE and drives down the value of the euro. Who do you thanks for all this curency chaos? The US Dollar reserve currency being used as a political weapon by your illustrious blackman occupying public housing in Washing DC. The dollar bubble has wrecked havoc with global currencies and the move by the Swiss was a defensive play. When the euro devalues with QE, UP goes the REAL which shuts off Brazil exports. That will mean that Brazil will have to devalue yet again with its current 8% inflation. So this looks like Argentina.

    Brazil is in big trouble. Take this opportunity to get out of VALE and all Brazil stocks. The Obama Peso will invert because US exports are now flat, unemployment claims are rising, industrial output showing.

    China appears to be in very good shape with over 4 trillion in currency reserves though about a trillion of that is in euros so they took a huge hit off the franc. Obama proves each and every day how unfit he is to occupy the white house.

    Sentiment: Strong Sell

  • Reply to

    Drop in oil helps

    by ewnobody Jan 12, 2015 4:20 PM
    cash.mccall cash.mccall Jan 16, 2015 11:04 AM Flag

    Abreu e Lima is the first Petrobras refinery in 30 years and mired down in corruption. Those other so called refineries are akin to the Syrian drug lord refineries. They don't make anything but crack drugs.

    Sentiment: Strong Sell

  • Reply to

    VALE

    by beav2007 Jan 8, 2015 7:10 PM
    cash.mccall cash.mccall Jan 14, 2015 9:00 PM Flag

    Yawn. don't hold your breath. Consensus is wrong at least 60% of the time. VALE has headwinds in every direction from the dollar bubble, to its lack of automation, to the marxist gov of Brazil which is both corrupt and in control of VALE. Vale has no liquidity and must now sell down assets just to cut its enormous overhead which acts as a sinking fund. It is simply a bad investment at this time. Brazil and Russia are in trouble. Bill O;neil said they should be removed from the BRIC nations as far as investment is concerned. He's fair minded. I get labeled as negative but the fact is everyone got burned on VALE and some tried to wonder why and others just keep up the old cheerleading but they are getting destroyed.

    I told everyone to buy TLM, over and over. Some idiot named Tyler turdon kept slamming my posts, he even followed me like an idiot to the TLM board and started up with his negative stupidity... Well TLM was bought out and the stock basically doubled. Shorts were demolished. This idiot turdon announced he had sold all his shares two days before the the deal was announced. Even then he denied that the whole company would be purchased. He just didn't know what he was talking about and he and Golfshoes led a lot of naive investors into VALE.

    Rather than VALE I recommend the refiners that are dropping with oil but their margins are fat. If you like ore then RIO is your best bet because Glencore under Ivan Glasenberg will bag the elephant. I It is a perfect deal for him, Glencore is a commodity trader. He is moving every day on it and accumulating proxy votes. Plus, China will have to stimulate but the Aussies are trading ore in Yuan not US dollars like VALE. VALE costs can't break even at 67 a ton due to overhead of its non core businesses. So it is not going anywhere. Meanwhile both BHP and RIO are pushing even with VALE production. VALE was one the largest ore producer but they have falling to these two aggressive competitors. Do the work.

    Sentiment: Strong Sell

  • Reply to

    LOW CLASS POSTERS ON THIS BOARD

    by kblab2 Jan 14, 2015 6:11 PM
    cash.mccall cash.mccall Jan 14, 2015 8:21 PM Flag

    Thanks for the stupidest and most useless post ever written on this stupid useless board. You are on ignroe because I can't stand stupid and Texas while a fine state doesn't need an idiot claiming its inheritance of wisdom. As they say in Texas... here's a nice warm cup of shutup.

  • Reply to

    Drop in oil helps

    by ewnobody Jan 12, 2015 4:20 PM
    cash.mccall cash.mccall Jan 14, 2015 8:18 PM Flag

    Think about what you just said. Ore in Brazil is traded in US Dollars not REAL. So if the REAL goes down.. and the dollar goes up, how does an exchange from REAL into dollars benefit VALE? It Doesn't.

    Australian ore is traded in YUAN when sold to China. That is a huge margin advantage to the Australians who don't have to convert to US dollars. This is the globe now in all US dollar traded commodities. Until this dollar bubble bursts, VALE will be a losing bet. And there are many other reasons why VALE is at risk and you cheerleaders always gloss over it and you always get your backs broken and rebroken on this stock. It is simply mindless and astonishing. You cheerleader act like a bunch of abused children always coming back for more punishment. Don't any of you question your own assumptions? Vale simply has stacks and stacks of downside risk. It is just a bad investment. I have covered the risks over and over starting with Brazil, the marxist gov, the REAL, the lack of automation, the lousy rail lines, the Brazil Steel business cancer, VALE's requirement to supply electricity to the Gov of Brazil at no cost. This mess just grows like a cancer. I can't fathom what you cheerleaders are thinking.

    Sentiment: Strong Sell

  • Reply to

    Saudi Prince: Oil will never return to $100

    by angelomoscca Jan 12, 2015 2:27 PM
    cash.mccall cash.mccall Jan 14, 2015 4:51 PM Flag

    Oh yes it will the very moment that Saudi funded terrorism turns on Saudi and takes out one well or one Saudi refiner. Just watch the second hand on your watch. BTW how is the old king of Saud doing... last heard sleeping comfortably on a ventilator. When he dies that ought to be good for a a 20% jump in oil.

    Sentiment: Strong Buy

  • Reply to

    All The ANALysts Will Upgrade at $13-$14.

    by longballsd Jan 13, 2015 12:31 PM
    cash.mccall cash.mccall Jan 14, 2015 4:43 PM Flag

    Another fool cheerleader has spoken. Instead why not question your in air assumption and say what if this is not the bottom. IF the dollar continues to rise, VALE will go no place. Ask Tyler Turden... ask him how he likes the dollar reserve being used as a political weapon by obama. He learned the hard way by having his teeth ripped out by the tonsils on TLM and VALE at the same time. He is now back from electroshock therapy. Don't assume that because the teeter totter is loaded on one end, the fat kid can't get heavier. He most assuredly can get heavier.

    Sentiment: Strong Sell

  • Reply to

    Drop in oil helps

    by ewnobody Jan 12, 2015 4:20 PM
    cash.mccall cash.mccall Jan 14, 2015 4:37 PM Flag

    AS long as the US dollar reserve currency continues to move up like a dot com, the worst is not over. For your information, Australian ore now trades in YUAN not dollars saving the Australians 8% on currency transactions. VALE ore is traded in Dollars because REAL is so unstable. Be a realist and quit being a cheerleader. Cheerleaders never make money. You must question your assumptions. No matter how good a trader you are, assumptions are wrong 60% of the time. Want to make money read the fine print. Invest in refiners and selective domestic oil. Here is my list for you.. I have markers in each... ROSE, OAS, FANG, Magnum Hunter. They are takeover targets. Also the Refiners will be good because in spite of big write downs in the futures markets their margins are fat and exploding.

    I love REO too. Glencore will move on it after the six month moratorium is over. Ivan Glasenberg is working to bag this elephant. Plus Glassenberg is the perfect owner since Glencore is a commodity trader. Its a perfect hedge and a perfect way to feel the pulse of commodities.

    There will be a whiplash in commodities as soon as the dollar bubble breaks. When I don't know but soon. The consumer is not buying, US exports are flat, so it will break soon. Also I look for heightened terrorism and eventually the overthrow of Saudi. VALE has too many problems due to its close ties with Marxist Brazil dictator Dilma. Question your assumptions.

    Sentiment: Strong Sell

  • Reply to

    Drop in oil helps

    by ewnobody Jan 12, 2015 4:20 PM
    cash.mccall cash.mccall Jan 14, 2015 4:25 PM Flag

    Absolutely false. BRAZIL doesn't have a single refinery. They have corruption at petrobras and 20 billion sunk into two refineries that don't exist. They must send out ALL oil out of the country to be refined. So their costs are sky high. Further nobody has a lower price production than RIO that is fully automated with driverless trucks, driverless trains, automatic port blending and ports that can load at both low and high tides. VALE has none of this because of Brazil marxist policies preventing automation. Their ports are lousy, their trains are fifty years behind the technology and they have to blend manually and they can only load at high tide. Worse, VALE gave away their VALEMAX ships for nothing. VALE is a mess.

    Sentiment: Strong Sell

  • Reply to

    Potential buyer for Vale nickel

    by blackoutbuzz Jan 13, 2015 10:42 PM
    cash.mccall cash.mccall Jan 14, 2015 4:18 PM Flag

    Even golfshoes tells the bloody truth once in a while. VALE has 20 billion tied into canada and the mine is underwater. But VALE has no choice, it has no liquidity and has to sell these assets. I guess the offer for all of VALE's nickel will be four billion creating a write down three x that of CLF which it discovered they were too late to sell off their worthless Canadian assets. Plus the contract with this mine and canada make it very unprofitable forever. VALE should cut and run.

    Golfshoes... you really know how to get stuck with a loser.

    May I suggest you consider the refiners. Though they will take a write down of their futures hedge positions, their margins are fatter than ever and the markets have taken them down with oil. They are attractive takeover targets by integrated oil. What could be better than a hedge for big oil than owning a refinery? Domestic oil producers should consider this as well. Make some money for once golfshoes or you won't be able to afford greens fees except at the local pitch and put.

    Sentiment: Strong Sell

  • Reply to

    Jeffries thinks Vale's production is limited

    by ewnobody Jan 9, 2015 1:28 PM
    cash.mccall cash.mccall Jan 14, 2015 3:40 PM Flag

    Why must you cheerleaders always take the bullish side instead of being realistic? VALE lacks liquidity, they have a cash crunch and must sell assets in order to get liquidity for production. They have been the slowest to sell off assets. This must be because of Dilma. Vale is stuck in the Brazil steel business and providing electricity for half of Brazil at a loss. It is an entangled mess. Every deal must go through Dilma. Even Jim O'Niel said that B and maybe even R in BRIC needs to be removed from investment potentials. I agree, China and India are in good shape. B and R are not.

    You might want to try to make money instead of always being in denial over VALE. If VALE were an Australian company, it would be free to make deals and sell off assets. VALE can't even automate in Brazil. They don't have driverless trucks. The trains are even worse and the ports in Brazil are lousy and all very labor intensive. Brazil has a Marxist policy of full employment. Get with it and look at VALE without the rose rimmed glasses.

    I recommend petrol refiners, cyclical chemicals, Though they both will take a hit in their oil futures write downs, their margins are the highest in years. Refiners look ripe for take overs. I have always thought that the best hedge a large integrated oil company could have was a refinery of its own. BTW... Brazil doesn't have a single refinery. They have to send all their oil out. Due to corruption from DILMA an the PT party in Brazil, two refineries for Brazil, have cost over 20 billion and construction has been stopped cold. Of course Petrobras has enough money to upgrade a port in Cuba. My God, Brazil is a mess.

    Sentiment: Strong Sell

  • Reply to

    Calling for $40 a barrel here I'm short

    by livijoe Jan 6, 2015 11:08 AM
    cash.mccall cash.mccall Jan 6, 2015 2:03 PM Flag

    First off, tell us exactly when you take a short, don't report that two down days after the so-called fact. Nobody believes you. Secondly I think your bet is stupid. Oasis is hedged 53% through 2015.

  • Reply to

    $35 / Ton Iron Ore

    by jwharrodjr Dec 24, 2014 11:42 AM
    cash.mccall cash.mccall Jan 6, 2015 8:37 AM Flag

    what an ignorant post. You know exactly nothing about ore and less about RIO. You are on ignore.

    Sentiment: Strong Buy

  • There is little doubt in my mind that Ivan Glasenberg is moving on buying RIO. British Hedge funds have been accumulating the stock. as year end tax sellers have been selling off all ore holdings. But let's remember that ore is not oil.

    There is no such thing as a glut in ore insofar as demand always exceeds production by the majors allowing smaller players with geographic advantages to sell there higher priced ore. That said, RIO is the best of all in that it has the lowest cost production at under $20 a ton, lower than BHP and VALE. VALE is not even in the running because its overall corporation overhead increases their "actual" break even point at ore being $70 a ton. Further VALE has very little automation. RIO on the other hand had the most automation, driverless trucks and trains and in port blending. Plus RIO has the only ports that can be loaded during both high and low tides. It has the best books. BHP is still trying to unload non-core and VALE is three years behind the curve on this. VALE is a horribly managed operation that has its fate attached to the banana republic of Brazil and its Marxist Dilma Chavez.. Dilma btw appointed the current CEOs of both VALE and PBS. What a nightmare. Bottom line, Ivan Glazenberg gets what he wants. The January and Feb effect will see RIO rise 25%. Glazenberg will buy RIO.

    Sentiment: Strong Buy

  • cash.mccall cash.mccall Dec 18, 2014 9:10 AM Flag

    No. VALE is still very unsettled. I don't see it making a move under the Dilma flag. After every steep downturn you get some deadcat bounce but the internal problems of Brazil are just insurmountable. I like RIO because I believe the dollar bubble is about to unwind and commodities will rise. RIO is the most efficient and it s a mega buy out prospect.

    Lots of details by comparison to VALE. RIO has massive automation from driverless trucks to automated dock blending systems. RIO has the best ports of all ore companies and can load at low tide, nobody else can. VALE gave away its shipping business to china and got nothing for it. RIO ships external into a shipping glut so its cheaper. VALE can't automate because of Brazil marxist policies of full employment. VALE can't borrow money and has terrible overhead and can't split off the not core without mega writedowns.

    Out here you have a lot of VALE cheerleaders but the goal here is to make money. Look at CLF, that thing is in big trouble. And CLF makes money but its writedowns are 6 billion which evaporates the market cap to a value of $1. VALE is in a similar mess with massive expansion at just the wrong time. RIO didn't make the same mistakes that's why it has the highest fitch rating, div is secure, and it makes money.

  • Glencore and BHP may both make a move at RIO... meanwhile, Raul Castro said he wouldn't mind if VALE moved their headquarters to Cuba for a box of cigars.

  • That should help VALE, Brazil is practically communist so they love Cuba. Vale could sell iron ore to Cuba which could be piled up and used as living room furniture.

  • Reply to

    Normalizing Relations With Cuba

    by w999surf Dec 17, 2014 10:49 AM
    cash.mccall cash.mccall Dec 17, 2014 3:15 PM Flag

    Quit drinking that obama koolaide,

  • Reply to

    At what point is CLF a takeover candidate.

    by cash.mccall Dec 17, 2014 1:47 PM
    cash.mccall cash.mccall Dec 17, 2014 2:03 PM Flag

    True but they are spawned from conditions of desperation. We are not there yet with CLF.

YHOO
48.95+0.0600(+0.12%)Jan 23 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.