valcont
-
Posts
448 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Posts posted by valcont
-
-
Bri-Chem is such a gift here it is not even funny.
It trades at $0.35 or below its net-net of $0.57/share and business is starting to boom for these guys. When you see more rigs, it means more fluid use. And when times were tough, drillers agressively reduced their inventories which means that there is pent-up demand on top of the new demand created from the additional rigs.
They have cut costs massively during the downturn while retaining all their distribution capacity. And the best thing is that they did not issue a single share of stock to get out of their trouble as so many oil & gas services peers have done.
Cardboard
I saw this one earlier this year. That fulcrum debt looks ugly, $9m (almost their entire market cap) at 21%!! What gives you the confidence that they can pay up and grow in this oil market?
-
http://www.politico.com/story/2017/04/26/white-house-nafta-withdraw-trump-237632
Would love to buy a retirement home in Mexico though.
-
It's interesting how people who are willing to handle a lot of risk by investing in individual stocks that they hand-pick are so risk-averse in other aspects of their lives.
ie. It's fine putting your net worth in a dozen companies' stocks, but dog forbid you might have to cut back a bit on your three luxury vacations per year when you're old and wrinkly. So in the meantime you'll work a couple decades longer - years' you'll never get back - to make sure to avoid even the possibility of even having to cut back later on, sacrificing the present for some unknown future.
Expenses are not fixed. You can have as much fun taking a vacation close to home as on the other side of the planet. A normal car will get you around just as well as a luxury vehicle. Happiness doesn't come from spending money past a pretty low level, which might be counter-intuitive because so many have a vested interest in selling that idea, but it's the truth; happiness comes from having meaningful things to do, good relationships with friends, kids, and romantic partners, health, challenges, art, helping others, control over your time, low stress environments, learning new things, etc.
This video explains it well:
That's how I view things, anyway. Each had to find out for themselves, but I feel too many just follow the path well travelled without ever questioning if it's actually a good one.
+1
I think Liberty's posts are the most insightful on this topic. Years ago, I realized that I would fine tune my consulting business to the last penny but there was significant discretionary personal spending that I ignored since they were either too boring to address or required a new perspective.
Liberty,
It seems like you are walking the walk. You should share some snippets from your life experience. Its one thing to talk about numbers another to tell a real life story.
-
The top 5 lines on the chart right now express my sentiments toward the IRS exactly.
That's hilarious!!
-
I keep hearing about this guy but what are his historical returns?
http://lmgtfy.com/?q=Chou+funds+returns
incredible, internet wizard
Just curious what dyow means?
Do Your Own Work
I know what it means. I just find it ironic it was so hard to put 3 words into Google. It was easier to ask someone else the question and await an answer. Not doing your own work.
I was busy looking at a stock, an ugly one, hence the delay in replying.
For shhughes1116 and augustabound,
I will post my thesis for at least one of two stocks. I have two ideas that are each worth about 75% to 150% more than current price with near term catalysts (i have researched these stocks for very closely, months worth of full time research each, i over do it i know). I know i can make money for other board members.
But i won't post until either of you post a thesis and help other members. I don't think it is fair that i put that much work into researching while others on the forum add no value.
You implied i don't do my own work, which in turn implies you guys do your own work............let's go thesis for thesis. and we can let the board members decide who actually does work.
Come on guys, bring it on.I'll be the referee. I had posted one idea this year that would have been a multibagger had you shorted it. So no pressure.
-
we agree for once, Cardboard.
We probably disagree on the solution though; Obamacare is a government handout to the health care industry. It is the worst form of corporate welfare payment.
Moving to single payer, with the negotiating power of all becoming one, is probably the best way to lower prices substantially. The second or third order effects could be very interesting, however...
+1
Obama's biggest mistake was to gut the single payer idea. With the congressional majority he had , he could have given a middle finger to the repubs and force those blue dog losers to vote for the liberal agenda but he had no balls. Single payer works and has been successfully implemented in many developed countries. These conservatives have no problem accepting govt dole via medicare, supporting government funded military but hell breaks loose if we spend any money to cover the poor.
-
And then he does that and I wonder why didn't I vote for this guy? Maybe I need an evaluation.
-
What you should be worried is that the orange man is seeing things that simply don't exist. He thinks Obama wire tapped him, has "leakers" in the administration trying to bring him down, released vicious prisoners from Guantanamo. That calls for a psychiatric evaluation.
Of course Trump was wire-tapped (so is Obama btw). How are you even questioning this? Also believe in flat-Earth theory perhaps?
There you go. A typical Trumpanzee. I wrote "Obama wire tapped him" and he reads "Trump was wiretapped"
-
The problem is that the people are so fed up with run of the mill politicians that a nut job seems like a breath of fresh air. Take immigration for instance,
its a privilege NOT a right and this Canadian woman is crying wolf because she can't get across the border for her spa treatment. Big deal!! Maybe this agent is biased but why care about someone who is lowly paid and on a power trip because of his/her position. Ignore him just as you would if a bum on the street starts yelling at you. If it were institutional racism codified by the new admin , we would have heard a lot more stories than these random one off incidents.
What you should be worried is that the orange man is seeing things that simply don't exist. He thinks Obama wire tapped him, has "leakers" in the administration trying to bring him down, released vicious prisoners from Guantanamo. That calls for a psychiatric evaluation.
BTW that Khizr Khan story seems like a lot of bull too. That dude has gone radio silent since making his claims.
-
The best part is he wanted to BTFD, not short the stock.
I didn't realize that was his play!! Wish evolution would be as efficient as the market.
-
-
Nope. It says the moment anyone initiates violence you lose the right to civility and the aggrieved party can defend themselves. I think you misunderstand who the "you" is. I'm out.
Bingo.
In that case, I stand corrected and I apologize. Your last sentence threw me off. I thought you were saying that you don't want to engage in discussion since I am not a civilized human being.
-
You know it appears you went ballistic because you did not understand what was written. Please go back and re-read the exchange without the emotions. I am pretty sure this quote was sarcasm: "I don't agree with what you say, but I will fight to the death to protect your right to say it shut you up"
He took what true believers in freedom of speech often quote and believe and rephrased it based on how the protestors were acting to show that the protestors don't actually believe in freedom of speech. And he did not threaten violence, he said those who are attacked have a right to defend themselves.
You do realize that your merely stated opinion sounds striking similar to the kind of hate speech you condemn a few sentences later? Probably not.
Wished you had followed your own advice and re-read the exchange. Here is what he wrote. Do you see what I mean? Probably not inside that right wing bubble of denialism.
I disagree. Civility should be shown to all non-violent people. Were the people who were beat outside the event deserving of violence? How long before the left start murdering people? The moment you initiate violence you are no longer on the correct side, it is you who no longer deserves respect, and the victims of your aggression have every right to defend themselves, with deadly force if necessary, against you. There is nothing left for me to say to you, for you are not a civilized human being.
-
If you add the Black Lives Matter to the list then I will fully agree with you.
Moderation and truth has to come from every side. Not just one.
Cardboard
Ok this will set off another round of debate to nowhere, you better stick to updating the countdown and I'll stick to the Investment ideas.
-
Valcont,
Don't you think it is time for you to calm down?
If I read this thread, it is definitely more the left than the right that has a violence and discrimination problem. We are being called trolls, we should shut up, etc. I started this as a joke with the countdown and see where this is going.
Cardboard
My politics is somewhere in the middle so I could care less for left or right. I was merely stating my opinion about this alt-right scumbag. And this idiot pitched in accusing me of inciting violence(which I clearly didn't) and threatening violence in the same line.
I see this alt-right trash as no different than a radical Islamic preacher which right wingers like you accused Obama of catering to. We have already seen the results of this hate speech in Canada.
-
I disagree. Civility should be shown to all non-violent people. Were the people who were beat outside the event deserving of violence? How long before the left start murdering people? The moment you initiate violence you are no longer on the correct side, it is you who no longer deserves respect, and the victims of your aggression have every right to defend themselves, with deadly force if necessary, against you. There is nothing left for me to say to you, for you are not a civilized human being.
Yes go back to your firing range and join an urban militia to confront all these lefties who are threatening your shitty way of life. And don't lecture me on civility, learn how to be a decent human being first.
-
It is a public university. Do some research on the 14th amendment and the incorporation doctrine. But even without the first amendment if a group at Harvard law invited me to speak and another group lit fires and beat people up to stop me, whether that is a first amendment violation or not it isn't the way civilized human beings behave. If you do not want to hear someone speak don't attend.
"I don't agree with what you say, but I will fight to the death to protect your right to say it shut you up"
Civility should only be shown to a reasonable decent person. Scumbags like this guy should be treated with contempt and disgust. This is the bottom of the barrel trash who is not fit to speak in a street corner let alone at an institution of higher learning.Civilized societies always set up certain standards of decency.
BTW this piece of crap isn't even a US citizen. He is some greek trash imported from Britain. Why can't he be thrown out of this country? I really want to know what kind of visa this lowlife is on.
-
I may vote for him next time because I have never been entertained so much by a real life show. There is something to look forward to everyday.
-
I'll vote for blocking political discussions from this board. I wish I could block the discussions/category. I would block the "General Discussion" , an entirely useless thread related to investing.
There are some posters who only contribute to political discussions. Not sure how is that useful? I was guilty of that during elections but I have learned my lessons and moved on.
-
As usual the truth is somewhere in the middle. The Dems are overplaying their hands here . Trump has definitely erred by including the permanent residents who are already vetted but his executive order is not an overreach and definitely not a #muslimban. More muslims live in Indonesia and India than the Middle east so if he wanted less muslims in the country , he would have included those countries too. We know what a mess Europe is in after they admitted these refugees. They have experienced instances of rapes,stabbings & terrorism not too long back so it does no good to bury your head in the sand and pretend nothing will happen because it hasn't happened here so far. These countries are highly unstable and a hotbed of terrorism and should be treated as such. Merkel ,Obama et al don't have to think of that because they are guarded 24x7 but a citizen doesn't have that luxury. What he/she sees is these elites sacrificing the populace to achieve their higher ideals. I say f..off to that.
Now it would be another thing if Trump decides to police muslim citizens/permanent resident. Now we are getting into the gray zone of what is acceptable and fair. If that is acceptable , then it should be acceptable to monitor a young white male with right wing leanings. There have been numerous shooting in the religious places, schools ,malls by this segment to make an equally credible claim. Considering the company he keeps, I think he will make that mistake and not be fair. That would be a great time to come out and protest and not look like a cry wolf.
-
A great article written by a ahem.. Canadian..Oh and he is a republican too.
https://www.theatlantic.com/magazine/archive/2017/03/how-to-build-an-autocracy/513872/
-
What we lack in the US is the common sensical middle of the road party. What we have is bunch of bigots,jesus freaks and homophobes on the right and
communist, tree huggers,uber PC on the left sucking up all the political oxygen.
-
Excuse me. The idea that a bunch of adult men and women cannot moderate their own conversations is ridiculous; it is exactly this kind of nanny state bullshit that got America into this predicament in the first place with the Social Security and Medicare entitlements. It's why we're on the verge of America's first national bankruptcy and it's important to understand that so we never get into this situation again.
Now you want Parsad to take the same tactics that have ruined the greatest country on earth and apply them to his message board. If you think the message board has declined from what it used to be now, just wait until we all have to watch our tongues or risk public spankings from the administrator.
Give me a break. This kind of intervention does not work and it's important that we are all open and honest about it so that we can Make America Great Again.
Scott is one of my favorite posters here. His videos are so hilarious that I had a hard time breathing since I am laughing so hard. On the other hand, some of his investment thesis are rock solid.Unlike other posters, I just can't put him in a slot. Scott, you should consider poker.
-
I think you guys are missing the forest for the trees. How many of you look at the CEO/CFO's personal tax returns to make a judgement on a company? It is none of your business.Just because someone in the 1970s decided that this should be done doesn't make it a legal requirement.
And I am so glad we are finally moving away from this puritanical bullshi.. that these politicians go through and live a completely separate lives in private. I love it when he doesn't hug any children, doesn't think its necessary to go to some poor neighborhood for Martin Luther King's day, lay a wreath on memorial day, hold his wife's hands. Oh and about that tape in Russian's hands. Think about it for a moment. Only in a mainstream media bubble that this is the most damning evidence of his incompetence!! And I am thinking kudos to a seventy year old who can still enjoy the party once in a while. When in Russia, do the prostitutes.
There was a script that everyone needed to learn to run for the office. Trump disrupted that and we will all be better for it. Lets save the outrage when he actually does something horrible. So far he has done everything that he promised, a rarity in my opinion and his voters should be very pleased.
Multibagger speculative ideas
in General Discussion
Posted
Right. Principal deferred fee that has to be paid out on December,17 when the debt is due. So if you think they can refinance the debt , then the price will jump. Otherwise you have to have an opinion about drilling rig count and the spread between drilling cost and oil price to get an idea about their revenue.