I had a subscriber make my day yesterday…make my year in fact.
He called me to say he was finally covering his bearish natgas trade from March and April—and made $122,614.40 in profits. He put almost $290,000 into that trade, making it a 42.45% return in just four months. The...
I don’t think I’ve read a more unbelievable statistic.
Can Bloomberg really only use FOUR people to generate one of the most watched oil estimates in the world—a number that moves billions of dollars each week?
A report from Canadian brokerage firm RBC Dominion two weeks ago suggests that that is...
The EIA’s Weekly Crude Oil Inventory Data
A New Source (and era) of Volatility
Rightly or wrongly, the EIA’s crude oil inventory reports move global markets: Right before the EIA #s came out three Wednesdays ago, WTI crude oil was trading slightly higher—then plunged $1.61/barrel in just two minutes after the...
The Largest "Ethical" Cobalt Explorer in the World is Created
The #1 cobalt explorer in the world is being formed now with a proposal for a 3 way merger that would unite one of the leading cobalt camps outside the Congo.
This is what institutional buyers have been waiting for to...
LITHIUM PRICES TO STAY HIGH THRU 2024--UBS
85 page report suggests industry will remain highly profitable
Lithium prices will remain well above historical levels thru 2024, UBS Securities said on Thursday June 15, as electric car batteries reach cost parity with ICE—Internal Combustion Engines—in mid 2018. They suggest that will spark...
Kinder Morgan Canada – Is This Now A Sucker’s Bet?
If the Trans Mountain pipeline expansion from Alberta down through B.C to Vancouver goes ahead as planned, then Kinder Morgan Canada (KML-TSX) will probably be a decent investment at current prices. I run through some math with "one-foot-planted-firmly-in-the-air" below and...
Dan Loeb's Bearish View on Frac Sand Stocks
Earlier this week, I showed you how the share prices of frac sand suppliers have crashed since February and have generated a lot of pain for shareholders.
Here is the not so pretty picture:
Ticker
Company
2017 Share Price Peak
Current Share Price
Decline
% Decline
SLCA
U.S. Silica
$61.49
$37.39
$24.10
39%
EMES
Emerge Energy
$24.45
$11.19
$13.26
54%
HCLP
Hi-Crush
$23.30
$13.37
$9.93
43%
FMSA
Fairmount Santrol
$13.12
$5.00
$8.12
62%
Shareholders...
It has been a rough couple of months for the shareholders of the big four frac sand suppliers.
At the start of 2017 everyone--including me--was buying into the bullish story for these companies based on the industry trend of sand, sand and more sand. Sand has been the #1 efficiency...
