Well seeing all these potash companies getting crushed I decided to take a stake in POT and sold 10 Jan 28 2015 puts receiving a premium of $3.85. So worse case I buy this stock for $24.15 or I keep $3,850. I understand how there could be a pricing war which is why I went to 2015. Was eying UAN as well but I want to see its earnings report first.
You want to throw us into another recession then nominate Summers. He is arrogant. He is unpredictable. He will march to the beat of his OWN drummer. Maybe you like playing tennis with him but as for the Fed just nominate Yellin
About time a woman is appointed instead of another middle aged white guy. Also she is a dove which the country still needs since congress is hopeless.
Ok so now JPM is accused of manipulating power markets in California and the midwest. And guess what? We won't prosecute anyone we will just fine the bank instead, which means the shareholder. Nice that they are spinning off their warehouse business, but please get GS and MS to do the same. Kick their butts out of the commodity business already. I so want to see GS dwindled down because they chose to become a bank when the money was free and want to declassify because it will now limit their activities. [more]
The election is over. It is becoming tiresome hearing the same old Kudlowites making it sound like the Keystone project will be an economic boon to the US. If people actually listened to the Canadian corporations' plan for the oil they will realize the only ones that gain are those Canadian corporations and a few thousand permanent US jobs at the expense of this Country's environment and our own corporations. [more]
I suspect that coal is probably the most despised commodity at the moment. The President certainly hates it. But as I mentioned elsewhere, I suspect that once we start exporting nat gas in earnest nat gas prices will rise possibly considerably since it will be competing with much higher world prices hence making thermal coal actually cheaper to use. [more]
I tip my hat off to TMF. They let people post their opinions, provided, of course, that it isn't simple foul language or general cussing. SA I won't waste my time there anymore. And it is for a simple reason, the author of any article can arbitrarily delete whatever you say. So long, good bye. I won't waste time there knowing that whatever I blogged can be deleted by the publisher regardless of the validity of the blog. [more]
Well it looks like there might be some spill over from this whole short attack on LINN. Seems like they are throwing the baby out with the bath water. Here's your chance to buy in at lower prices. I made the case for BBEP here: [more]