Lets face it-- the market is in a big time bubble that is created by the FED pumping immense amounts of money into the financial system an non existent interest rates.This will end sometime this year.
Therefore, this is a bad time to invest long term, and a propitious time to get ready to line up short plays, or in the alternative, sell while the stock prices are at the present bubble highs.
Multiple stocks are double, and even triple and more, than their reasonable value--so when the down turn comes it will be sudden and there will be blood in the streets with hundreds of hedge funds going belly up.
Of course we could be wrong, buts that the way we see it.
Tis sort of hard to believe that the ETHISPHERE INSTITUTE exists .Surreal --check it out
looks like terrible timing-- no work because of oil price drop and three big expensive deep water rigs under construction with no work for them lined up.
If the banks and hedge funds want to play hard ball this is a belly up situation.
If Vale can survive the Wall Street Sharks and weather their debt problems Vale will be a super long term buy. Vale's iron ore mines in Brazil and nickel mines in Ontario are the best in the mining industry. We have personally seen them.
Vale seems to have gone crazy in piling up so much debt, which under present conditions is unpayable.
Usually the Wall street Sharks take over, and get control of these rich profitable mines at fire sale prices.
OBVIOUSLY, the banks want their loans repaid, and many banks are already selling oil loans at a 20 percent discount.THIS IS BAD NEWS .Once confidence is lost in FCX the stock price will fall off a cliff. Wethinks time to bale out --things will only get worse.
SLATE MAGAZINE reports that ETHISPHERE INSTITUTE accepts money from companies that it says is ethical. Now isn't that nice a cozy.? Obviously, we take with a grain of salt anything provide by this so called ethical institute.
Sadly this board lacks solid factual information that would help all of us make a dollar in a tough world.MOUTH OFFS BY THE DOZEN, IDIOTS BY THE SCORE.
Our opinion is that at the present price CAT is a dog, -- we expect to see a much lower price [ i.e 40 - $50 range ] as the great recession , low oil prices huge commodity over supply, and Asian equipment's lower prices really begin to take hold.
Of course we could be wrong but that's our honest opinion.
The salient facts are:
1 ] Over the past 2 years GVA has lost $11, 000,000.00 on revenues in excess of $4 billion dollars.
2 ] GVA accounting is suspect--deprecation of assets such as plant and equipment seems grossly understated.
3 ] The CFO suddenly quit.
4 ] GVA sells for about $33 a share and the price is supported by hedge fund wash trading
5 ] the is less than two percent of company ownership by management.
6 ] Huge losses are ongoing on the State of Washington road contract.
7 ] Grossly negligent bid on the Tappen Zee bridge -- the consortium left a billion dollars on the table in it's bid.
8 ] GVA is in a tough business where profits are small to none. GVA claims profits of one percent on volume.[ We don't think that is an accurate figure] and even if it is, one percent profit in such a high risk business is a negligent and stupid return.
9 ] Finally, there is no light at the end of the tunnel, GVA is locked into billions of dollars of essentially no profit work for years to come.
FCX stock ownership is held by multiple hedge funds operating on borrowed money. The are intrinsically weak stock owners in a down copper market. they sell and hide at the drop of a hat.Moreover management has very small percentage ownership of FCX.
SCCO, however, has strong management ownership,which has almost complete control of the voting shares.
Both companies operate in the same tough copper price environment. FCX is way, way, down in price, while SCCO is not far below it's high for the year, and did not get into the oil business
JUST GOES TO SHOW FCX IS CONTROLLED BY THE BANKS AND HEDGE FUNDS WHICH HAS BEEN DISASTROUS FOR THE SHAREHOLDERS WHO ARE NOT INSIDERS.
Responsible info on this company would be much appreciated. Thank you.
Wake up-- learn something about potash ore--the theft is the gem stone quality turquoise found in Potash ores.
No matter how you evaluate this company--the only thing that can sink it into belly up is the inability to service the $2.7B debt. Long term OAS is a fine investment, however, there is great fear that OAS and the many other shale oil plays might not have a long term life.
OAS is really in the hands of the hedge funds, banks and other financial sharks.Sadly for share holders it is often much more profitable to gut the company and then make a killing after getting the assets at fire sale prices.
Risky/dangerous to get involved at $13 a share.
Please keep your distance-- we don't want friendship with you.
We like it not-- the GREEN GRUESOME GROSS GRUNGE GROWING around PLASHADPOBEDY'S ingrown rectumus. Tis enough to make a saint to loses his faith in the ever after.
HFC lacks the vital requirement for big time price appreciation. Namely: profitable growth prospects. HFC has small out dated refineries, which to up grade will take billions of dollars.Also HFC's 5 small refineries are not located in growth areas of the U.S.Also, the really big time money in the oil business is the up stream activities which HFc lacks.
HFC has a P/E more than double that of Exxon and Chevron-- and the company is dominated by the hedge funds which presently keep the stock price at about twice it's reasonable value.
We [ our 8 person investment fund ] note that all posters are long-- none understands the rational for short investments. Therefore any information that HFC is over grossly over priced [ reasonable value is $17 - $22 ] is not well received.
Money can probably be made by quick in and out trades. However, the law of averages usually claims victims by ill timed trades.
Summarizing-- HFC is a risky investment whereby the chance of price upswings is greatly off set by sell offs by weak hedge fund holdings that produces panic selling.
Gva was accused or criminal conduct by the state of oregon pertaining to the highway 20 project.
to have these charges dropped and the contact terminated because of lack of performance gva paid the state of oregon $15,000,000.00.
gva claim via the ethisphere institute of again being one of the most ethical companies in the world flies in the face of the state of oregon's past charges of criminal gva conduct