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Cliffs Natural Resources Inc. Message Board

garp001 919 posts  |  Last Activity: 8 minutes ago Member since: Jun 17, 2011
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  • Reply to

    The Real and Obvious Question is ...

    by gbpete357 1 hour 23 minutes ago

    Recovery of incentive compensation related to accounting misstatement is an odd thing for the board to focus on if there were not a problem. I have been suspicious that their revenue recognition is aggressive. The most obvious example was the miraculous 8.4mw module sale they announced after the 4q quarter closed. I thought they might have pre dated the order, and or may have not had the modules completed by the end of the fiscal year. Sooooooooo we have smoke, the only question is how big is the fire. Time will tell. As for the resignation, Many of us have been concerned with the lack of Domestic sales. Look like a buying opp is coming next week. LOL

  • Reply to

    Shanty, Regarding the Bashers handbook....

    by gbpete357 1 hour 16 minutes ago
    garp001 garp001 34 minutes ago Flag

    Arbor Boy Eustace, all FoolCell Bagholders are beating a dead horse. LOL

  • We won't hear from him until the annual meeting. I guess it wasn't deals he had in his hand. Only one week left on that nonexistent MW European Deal. Did Chippy lie to you AGAIN? Don't hold your breath. LOL

  • Reply to

    Shanty.....

    by gbpete357 Dec 23, 2014 12:36 PM
    garp001 garp001 Dec 23, 2014 12:53 PM Flag

    Good move for you Arbor Boy Eustace. You couldn't defend FoolCell to anyone with a modicum of intelligence. Go count your trees. LOL

  • Reply to

    fcel will go down with the oil

    by iitht7858 Dec 23, 2014 11:01 AM
    garp001 garp001 Dec 23, 2014 12:50 PM Flag

    Toad doesn't know. He calls it a profit margin when they have never made profit, ever. He is just a stuck amateur bagholder trying to play charts. He understands nothing about financial statements and less about valuation. LOL

  • garp001 garp001 Dec 23, 2014 8:32 AM Flag

    Nope Chippy wrote the words. He normally spins very positively, so when he doesn't on something as important as this, it means something. Only the foolish would deny that. My track record speaks for itself. Enjoy dragging your bag into the new year. LOL

  • After pumping without reservation the LIPA "multiple" proposals FoolCell submitted for the LIPA Renewaable RFP, the very next day Chippy along with Arbor Boy Eustace is forced to eat crow (BTW Arbor boy chose Hunts to go with his crow because he doesn't want to support John Kerry). But rather than continue to pump LIPA as a high probability pipeline prospect, Chippy distances FoolCell from further participating in furture LIPA RFP's in the 8K:

    "FuelCell will review any subsequent RFP issued by LIPA for New, On-Island, Renewable Capacity and Energy and competitively bid where the fuel cell value proposition is aligned with the requirements of the RFP."

    Soooooooo Chippy seems to be preparing bagholders for the very real possibility that FoolCell may not bid in a subsequent RFP because the fool cell value proposition may not be aligned with the requirements of the RFP. Why is he concerned about that? Is it because he has been told that fool cell proposals that do not meet the renewable requirement of the RFP need not apply? Is it because his pricing proposal was sooooooo inferior to LIPA fav Solar and Resident Fav Wind that he doesn't think it is even worth the effort to apply? My guess is it is both. Too Little, Too Late, Too Sad, Sooooooo Bad. Still a week left to take that tax loss, or enjoy dragging your bag into the new year. LOL

  • Reply to

    For Crying out loud

    by chriseperry Dec 22, 2014 1:13 PM
    garp001 garp001 Dec 22, 2014 2:14 PM Flag

    Chrissy, you can't blame Panties onpphire on me. You invited him back to the board last week. Just to prove that it is not me, Go to Forrest's FB page, He claims to post there as well. Forrest only let's pumpers in so you know it is not me. Enjoy your new dog. LOL

  • Reply to

    All LIPA has agreed upon....

    by gbpete357 Dec 22, 2014 9:25 AM
    garp001 garp001 Dec 22, 2014 9:52 AM Flag

    Arbor boy Eustace, sounds like Sour Grapes to me. Of course they have to negotiate the terms of the Power Purchase Agreements. Final bids included a markup of the LIPA proposed agreement and there will be terms that LIPA will want to negotiate, but pricing shouldn't be one of them. The Solar will get done. Also that isn't exactly what Chippy said, he said "we’re not fully dependent on that for revenue in 2015" So it will have an impact and since Chippy always spins things as positive as possible without going to jail, my guess is that it will blow a major whole in the 2015 guidance. LOL

  • Reply to

    I have

    by shantydreams Dec 22, 2014 9:14 AM
    garp001 garp001 Dec 22, 2014 9:30 AM Flag

    TruckerSuckerShanty, how many rods did you polish on the night shift at the truck stop? Keep your helmet on Donkey, more punches coming. LOL

  • garp001 garp001 Dec 21, 2014 9:21 PM Flag

    If you listened one of the speakers was raising climate change as a reason to support wind. We all know that CO2 is considered an important greenhouse gas that contributes to climate change and we all know that fool cell using natural gas as fuel puke out CO2, so yes it was mentioned. It is clear that Solar and Wind are going to win the lions share of any future renewable RFP because they are truly renewable and do not contribute to greenhouse gas emissions. Yes they both are intermittent and require peaking power support, which sadly is something a dirty inefficient expensive natural gas gulping CO2 puking molten carbonate fool cell just can't provide. All a FOOLCELL unit is able to do is provide base load power which has to compete with the lowest cost alternatives and just can't come close. I certainly can see why fool cells won't be the next best choice and can certainly see that they have no support among the public. You are simply blinded by the weight of your waterlogged bag to the simple truth, no one wants a fool cell and LIPA just proved it. LOL

  • garp001 garp001 Dec 21, 2014 5:06 PM Flag

    Cheddar head, I have told you many times that I have never recommended nor have I ever owned CPST. If you can find a post where I did, please show it now or forever hold your peace. Natural gas CCGT and Combustion Turbines do rule the world of new power generation in the US, although Wind and Solar are catching up fast. Sadly Fool Cells do even rate a mention. Read it an weep dope. LOL
    cleantechnicaDOTcom/2014/11/02/renewable-energy-68-new-electricity-capacity-september/
    marketrealistDOTcom/2014/12/new-electricity-generation-capacity-additions-mean/

  • garp001 garp001 Dec 19, 2014 8:24 PM Flag

    I'll take this as your admission that you do not know more about public procurement than I do. I won and you lost, AGAIN! LOL

  • garp001 garp001 Dec 19, 2014 6:56 PM Flag

    You are soooooo funny. LIPA is a public utility and will be responsive to the residents. You can clearly see the residents want wind. No one said a word about wanting Fool Cells. You think you know more than I do about public procurement? Prove it Back door boy, I am the one who is finding the information, correctly interpreting it and bringing it to the board. The only way it makes sense to put in an offshore wind farm is to put in a lot of it. The proposed Long Island wind farm can accommodate 200mw. So if and when the next LIPA RFP comes out, Wind will be in the cat bird seat to take it all. Nothing will be left for Fool Cells which as we all know based their proposals on natural gas that apparently does not meet the RFP renewable requirement pukes out CO2 and will never pass muster with the vocal environmentalists. Facts are Facts, Chippy's Fool Cells have no chance. You are just another one of Chippy's stuck bagholder Howler monkeys throwing your feces. LOL

  • At the Long Island Power Authority board meeting in Uniondale on Dec. 17, 2014, East End residents and Suffolk County environmentalists faulted LIPA for rejecting an offshore wind farm project and for failing to make good on its plan to issue 280 megawatts of green energy. (Credit: Barry Sloan)

    We want Wind! We want Wind! We want Wind! LOL

    articleDOTwnDOTcom/view/2014/12/17/LIPA_urged_to_start_using_wind_energy/

  • garp001 garp001 Dec 19, 2014 4:08 PM Flag

    Based on What? Hope based on your waterlogged bag is not going to sway LIPA. Wind seem to be the one the public wants. Haven't heard anyone but bagholders crying for fool cells. LOL

  • Reply to

    Down again!!!! Go figure!!!!!!!!!

    by gaypete357 Dec 19, 2014 3:56 PM
    garp001 garp001 Dec 19, 2014 4:04 PM Flag

    Time to be bold Chippy Bagholders will swallow anything!

  • The low level of real world financial understanding on this board is indeed staggering low. First Fool Cell has zero ability to borrow at reasonable rates. Why? Because they have never been profitable or cash flow positive, and their fundamental business is totally dependent on POSCO which is going away in 6 months. Second their product is totally dependent on Government subsidies which can be pulled at anytime. No Bank will lend to them and in fact they have to put up cash just to get letters of credit. As you heard in the conference call they have been forced to put up cash in order to sell units to customers because of the technology risk inherent in their product leaves customers concerned that they will not be around for the next 20 years to provide the replacement stacks and other maintenance the units will require over their economic life. Third there is substantial excess manufacturing capacity for molten carbonate fool cells. FoolCell is struggling to maintain a 70mw production rate so there is 30% idle capacity now and that will grow substantially when the 100mw POSCO facility comes on line. With no market traction anywhere outside Korea, Chippy will not even hazard a guess as to when if ever the phase II manufacturing expansion will be needed. Finally, With the loss of the LIPA contracts Chippy has nothing that is anywhere close to being closed. His claimed $1.5 Billion pipeline is a complete joke. With the continuous lies that Chippy has told this year starting with the annual meeting and culminating with the LIPA debacle, Chippy has lost all credibility and the board will be under considerable pressure to replace him prior to the annual meeting. Mean time expect the share price to grind lower as long time frustrated bagholders throw in the towel and Shorts press their advantage.

  • Reply to

    LIKE I HAVE ALWAYS SAID......

    by bsimpson888 Dec 19, 2014 9:43 AM
    garp001 garp001 Dec 19, 2014 9:53 AM Flag

    Well they got $2.39 per share from NRG. Looking pretty smart right now. Why don't you ask Chippy to use the cash they received to do a buy back to shrink the float? They could get 1.5 shares back for each one they issued to NRG. Never happen, Chippy wants to make sure his paycheck clears. LOL

  • Reply to

    Back..

    by chriseperry Dec 19, 2014 8:11 AM
    garp001 garp001 Dec 19, 2014 9:06 AM Flag

    Got it bookmarked. What game are you playing in 2015? Give away checkers? LOL

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