NVDA looking fragile only up about 16 points

in two weeks with so many

revenue ties to SMCI...


so we watch...LJ

SMCI needs to file today before Florida

and Georgia folks see grid impacts...

ease some folk's pain...

so we watch...LJ

Hurricane Francine was a major rain event

from gulf coast up to Tennessee...

Hurricane Helene will be a major

wind event from gulf coast up thru

middle of Georgia based on the current

forecast track...

Heading could be shifted some with next

model runs on Wednesday...

Right side impacts to Florida with water

Surge looks problematic with up to 20

foot waves building off the coast...

Where they impact is important...

Local weather guidance is crucial now...

Weather is local...

And Helene appears headed to impact

large areas of local weather...

Helene taking a bend to west around

mid Georgia is odd for a tropical system...

And adds South Carolina for some impacts...


So we watch...LJ

Middle East unrest is more connected to oil

price if that gets tossed in the

frey with retaliation...

Geesh, after Israel killing so many innocent

people while romping around Gaza should

be notification enough to expect all hell

could break loose at anytime...

Russia/ Ukraine conflict is hardly even

noticed by many folks anymore,,,

folks will be monitoring the lil Joe connections

after it ever ends more closely though...

Gold price will react favorably to more world

deflation being created by all the wars,

and hold it's value as some other items

risk losing pricing power in a slow down...

which leads to more wanting gold then...

Oil producers in the Middle East can tighten

the oil supply very fast now,

U.S oil companies have ran very low drilling

rates for months in 2024, true record keeping

could start reflecting lower production, which

can fall fast at lower drilling rates in the shale

frackers which deplete faster at wells...

Oil floating in storage numbers are at very,

very low numbers leaving no room for any

production slowing and reducing supply...

World isn't ready for the potential...


so we watch...LJ

SMCI probably stays a limp noodle until

and if they file a 10K filing...

Then you have to wait for the interpretation

of a 10K filing by the control money

on SMCI directing the market makers...

SMCI was brought down by the control

players long before missed 10K filing...

Best to wait for a buy banner...


so we watch...LJ

$10/gallon gas possible before election if

Middle East really blows up...

Gold price might easily double just

off the money flow from betcoin to

a real safe haven...

U.S. Dollar has steadily lost value

since bad karma was crowned nominee

and without elections to back it...

interesting times...


so we watch...LJ

fully expect the gorilla to fall from this

perch If they release earnings...

potential 1st half losses might trap

more in the latest price pump up...

it just doesn't appear the right climate

yet for them to rebound yet...

have you ever seen them bother mentioning

any small contract amounts?...

VTLE might offer another low priced,

entry chance again...NOG dividend...

FSM is a much bigger producer than FTCO

and doesn't appear priced high with positive

EPS versus other listed gold companies...


so we watch...LJ

gurgle, gurgle,,, yes, trapped in dead Ai

sector based on SMCI pricing...

so we watch...LJ

NOG .42/share quarterly dividend soon,

goes ex-div on Friday, 27th...

NOG,20%, and VTLE,80%, closed

on their respective ownership in the

new, Point, deal that was pending...

NOG big acquisition in Unita Basin

is still pending closing...LJ

so we watch...

FSM added at 4.70 today on gold miner...

jinxed it by moving to top of

the accumulate list...

so we watch...LJ

Israel killed 40 more,,,shuts down foreign media...

https://apnews.com/article/israel-palestinians-al-jazeera-gaza-war-hamas-4abdb2969e39e7ad99dfbf9caa7bb32c

Innocence bleeds red in Gaza according

to most media coverage...

And no wikileaks anymore to disclose

private contacts in U.S. leadership...

so we watch...LJ

Had a stock suit pay less than 1%

of the original loss in past...

Attorneys made great money on it...

Best chance of restoring equity invested

is staying in and seeing a positive

outcome after the short attack...

Class action suits are chasing hearsay

of a stated short position player...

Which could be a tell for watchers...


So we watch...LJ

INTC, kinda like the old Sears store in

the end of local mall with an Amazon

liquidation store there now...

Things sure evolve over time...

QCOM is no slouch either, except

to the me me generation...


so we watch...LJ

I-hub has a lovely new pop up invading

viewer screens now...

getting exciting around here...

Have discerned that trying to figure out

why oil price goes up and oil price goes

down is a Total Waste of Time...

Control group over oil prices do what they

want to with it...

The current oil price rise isn't related to

better demand and China is still weak on

demand and that has to be remembered...

Saudis will have to put off raising exports

because wars are slowing world economy,

which could be doing better...




so we watch...LJ

So let's say they get an extension from

Nasdaq on the listing since they are

delinquent since Tuesday, 09/17/24...

Doesn't that halt the stock split until

they regain filing compliance?...

It definitely halts any share sales which

should include insider share sales under plans...

SMCI has a lot folks holding shares

under water now...

Needing to see that filing...

the heck with spell check,,, file IT!...

so we watch...LJ

wasting money on pr and can't file...

so we watch...LJ

FSM was doubled down at 480 at

the wee moments before the

close on Wednesday...

Already looked cheap with gold

and silver prices up high...

And the rate cut favors gold holders...

And these aren't peaceful times globally...

so we watch...LJ

EIA report covered up bad week last week

for the oil sector by all appearances

of using some type averaging...

The link isn't worth posting this week...

lol, Exports didn't plunge with port

closings and pipelines not flowing due

to the hurricane that hit Louisiana...

Gasoline demand was very low because

smart folks weren't driving in the heavy

rain storms spanning 6 to 8 states for 3

to 4 days...but EIA report didn't reflect it...

But there wasn't enough damage to help

spike any use for clean up...

Gonna be a surprise bad week at some time

when the averages get capitulated...

peon thesis, as always...

Yes, gains were taken on Wednesday...


so we watch...LJ

Israel leaders lost their minds long ago...

https://apnews.com/article/lebanon-israel-exploding-pagers-hezbollah-syria-ce6af3c2e6de0a0dddfae48634278288

Can you imagine next meeting of

drug lords that will make their plans

to hit Israel?...

Those are the folks with enough money

to pay for satellite service to shut down

and take down Israel defense...

Innocent folks killed by Israel isn't new,

they only expanded to another country...

Will Poland be next?...we better check

with bad karma on that...


so we watch...LJ

INTC has gap down from $29 on 08/02

open after the 08/01 close...

Around $28.9 for those looking closer...

It needs to fill to help the long

term holder's positions...

https://www.barchart.com/stocks/quotes/INTC/interactive-chart/new

Good traders can make .13/share daily

trading this so losing .13/share dividend

quarterly isn't the big hurdle...

Good for bear fodder chat though...

Added a little Wednesday after starter

nibble on Tuesday...

plenty to nibble for many...


so we watch...LJ

SMCI needs to fill gap down from 656

set on 08/02 open from the

08/01 low of the day below close...

https://www.barchart.com/stocks/quotes/SMCI/interactive-chart/new

Gap down needs to fill prior to

the forward split...

Price could move slower or differently

after a forward split from the current

lower float numbers...

Folks still under water like me need a

goal to look for first...

Which depends on SMCI doing their

10K filing Totally...


so we watch...LJ

INTC, gov't should give SMCI a billion grant

to cover building and opening new

Cal plants and adding jobs...

Some company has to help with the

hardware for all those new INTC

chips coming in the future...


So we watch...LJ

Outdoor network tech system video to watch to

pass time while waiting...

Canola oil had a big up day Tuesday,

up almost 5%...

This joint news in very interesting...

https://finance.yahoo.com/news/intel-aws-expand-strategic-collaboration-200100006.html

You can bet some competition found

it very catching of their attention...

SMCI diversifies services to both INTC

and AMD, and not to just NVDA...

which should help them in the long run...

Noticed that Ernst and Young has four offices

in the San Jose, Ca. area that may be why

SMCI changed auditors,,,

That is two biggies in the article link if

you don't forget to read it...


so we watch...LJ

SMCI, something needs to be done about hindenburg,

and the quick change attorneys that

follow the short attacks...

https://www.ielp.com/news-releases/news-release-details/icahn-enterprises-vindicated-dismissal-meritless-lawsuit

Best hope for SMCI shareholders is that.

of course the filings get done, but after

that there comes some disclosure of a private

nature, still under wraps, that would hopefully

reveal internal sexual misconduct being basis

for firing of employee that became a whistle

blower for hindengurg to swallow...

then the counter suits would be exciting...

We gotta cling to some hope now...


So we watch...LJ

Bad karma is in party that likes world

unrest to support economy...

The world can't support itself on old

school war spending like in the past...

Blacks have to consider whether they want

to risk seeing their young relatives sent

to war zones under another Dem control

period of four long years...

This long 3 1/2 years will seem like a cake

if Dems retain control of Senate and Oval

Office for another term...

Substantial number of new Army recruits

have gone thru training this summer...

Most likely the number was so high because

of low employment options elsewhere...

A large percentage of those will be black...

Black and white voting doesn't work...

Vote Trump for peace or Bad karma for

more world unrest...

Voting is key along with turning off the

media coverage...

Border security is favored by most

working hispanic citizens in the U.S...

Biden and Harris have done a poor

job of guarding fences that Trump had

built in his term...

so we watch...LJ

ok, will play along that line and gonna

wait for daily gap on HPE

to fill before entering again...

not sure how much t/a works with

SMCI in such dire straights now...

you might by weakness because you

like a certain number?...

so we watch...LJ

HPE was sold into upgrade pump strength...

INTC was added on big daily weakness

going into close with tired buyers...

Gov't pump on INTC has come as a

big surprise, don't ya know?...

It draws money flow from NVDA which

is propped up now on price for CEO

share sales like it is every month...


so we watch...LJ

VTLE and NOG were sold early in day

and way too cheap on VTLE sale...

NOG was added back before close

with dividend coming soon...

PR picked up as a laggard so far...

Inventory report shows that betters are

the ones driving up oil price...it shows

cushing sees draws in lower demand weeks...

https://oilprice.com/Latest-Energy-News/World-News/Crude-Oil-Product-Inventories-Climb-Pressuring-Rebounding-Prices.html

Betters may hold positions though with

lower rates possibly coming...

so we watch...LJ

SMCI, have read filings several times and

even before the short attack...

Still haven't grasped the straws that

the short attack is clinging to...

Many mega companies stay private

because there isn't anything wrong with

inter-family employees in a company...

Except in short attacks on Wall Street...

But they all seem well disclosed...

SMCI margins dipped two consecutive

quarters as they had to ramp up spending

to meet the higher contract flow coming in...

SMCI didn't seem to bloat any margin in

accounting for inventory build up...

And it impairs cash flow for short term...

Now it does puzzle me why such a closely

reviewed company was allowed to be

hammered down so hard by both the S&P

500 and Nasdaq 100 market makers...

Closer kin getting cheaper shares might

be in play with that...

Could be in play with the delay on the

filing from SMCI too...seems unneeded...


So we watch...LJ

could be a false rally in oil today...

betting on inventory report...

lower gulf production may have been matched

by lower refinery activity for Exxon/Mobil

in Baton Rouge area during storm...

rain impeded much auto gas use...

port exports were constrained to include the

big lng exports weekly...

peon thesis, of course...

so we watch...LJ

Bad karma can't pass a geography class

if it covers Defense forces...

Debate results are rigged by media...

https://apnews.com/article/poland-ukraine-war-us-election-trump-harris-eedfa6de06355a87ae4f04de40786899

U.S. has a lot of troops in Poland and

National Guard troops have been pushed

to go there instead of regular troops...

Civil attorney back grounding and real

world intellect of U.S. Defense and Border

Policy are worlds apart...

Voters know that Trump has more real

experience and had a stable world overall

under his tenure...And still has to abide by

his previous Oath of Office on what He

can and cannot divulge regarding Defense...

If Mr. Trump can just chill a let her keeping

putting her foot in her own mouth...


So we watch...LJ

GRRR should still be losing money on big

contract in Egypt...

Egypt contract was billed before the

EGP value dropped over 30%...

https://www.barchart.com/forex/quotes/%5EEGPUSD/interactive-chart

So, they get about 30% less revenue than the

original contract pr amount,,,

but the costs are in U.S. Dollar value for

much of them which computes to loss...

They have never mentioned another contract

big enough to bother revealing a number...

Those smaller contracts might bring over all

financial results above break even only???...

The pump pr is put out before actual results

May be released for 1st half results for 2024...

Allows some to escape before the release, if

they really put out a filing that soon...

A company that is Supposed to be a growth

company and already stated that they would

need more money to do another big contract

doesn't blow money on buying shares...

highly illogical to impair cash that may be

needed if they land another large contract...

GRRR showed impairing over 12 million of

accounts receivable at year end 2023...

For an IPO company starting in 2023...

https://www.otcmarkets.com/filing/html?id=17546343&guid=7lL-ka1smgrShoh

Four large investors holding about 35% of

stock are detailed in the filing...

And some want to get out...

GRRR showed about 46 million of cash at

year end 2023 and recently pr'd the 40 million

of cash as/at June 30, 2024...

which shows that they went basackwards...

or lost money in accounting terms...

They have that 40 million because most was

held in escrow after payment for further collateral

to guarantee completing Egypt contract...

And it was held in escrow as U.S. Dollars before

the EGP value plunged in early 2024...

Next filings will need to adjust values for the

Fixed Rate Egypt contract at the lower value

of the EGP if accounting is done properly...

Still need the EGP value to regain full value

of when Egypt contract was written for

GRRR to make some money on it most likely...

EGP value drop wasn't GRRR company's fault...

A pump pr to help some insiders off load shares

now is and was designed by the GRRR company...


Enjoy your rain on Tuesday night....


So we watch...LJ

You are due more rain than you may

expect as those bands roll out

on right side of the storm...

started to tell you to cover the tomatoe

plants if you don't want them wet, but

knew that you have local weather access...

Damdest thing that I've seen since 2010...

green yard and green pastures...

It is a nice sight to behold...

Yep, since 2010, lotta years of dry

weather in June thru August...

September is typically very dry,,,

we have to stock pile the 7 or 8 inches of

rain during past four days somehow...

ole oil price is rising again with the debate

in rear view mirror now...


so we watch...LJ

Grrr, investor in IPO which brought accounts receivables

in that had to be written off in a big

mass at year end 2023 also sold heavily

in fall of 2023 before earnings release...

It could be the alleged insider with so

many shares to allegedly buy back now...

A pr is just a pr...hard to verify any insider

share changes since it isn't done publicly

and probably doesn't change the public float...

Took heavy losses days ago and moving along...



So we watch...LJ

HPE had higher gross margin than DELL

in recent quarter,

and much higher than SMCI...

click on quarterly in each link...

https://www.otcmarkets.com/stock/HPE/financials

https://www.otcmarkets.com/stock/DELL/financials

https://www.otcmarkets.com/stock/SMCI/financials

Guess who didn't do a cut rate contract

with Tsla in that quarter?...

The short attack may also be designed to

push money flow toward DELL since it

keeps getting pumped with SMCI in the

Ai roll out reviews...SMCI price has now

been beaten down to lower margin look...

Longer term, the margins, may be higher

in the clouds...


So we watch...LJ

T.S. will lose some sales after going political...

Parents of Trump supporters may

or probably will deny funding to buy

her items for awhile...

Better to dodge the frey...

Nikkie is still available to save the

Republicans because Mr. Trump

will keep blabbing unneeded stuff...

focus on price of corn flakes...


so we watch...LJ

NIL money in college football has to make

you wonder about motivation

of players to do things...

so we watch...LJ

VTLE and NOG are partners in another deal,

which is higher oil weighted than last

big acquisition that VTLE did...

past deal was 50% weighted oil...

next deal is 64% weighted oil...

At $70/bbl for oil comparison break down...

past deal needed about 2.6 years for revenue

payback of purchase price...

next deal will need about 3.2 years for revenue

payback of purchase price...

estimates based only on oil revenue for the

payback estimate comparison...

estimates assume enough cap ex spending

to keep production stable which actually

increases the revenue payback period...

past VTLE deal got more land with it, but got

more gas production with it that must be

handled even if natural gas prices are weak...

VTLE will have WAHA natural gas hedged

in 2025 to offset handling costs when those

prices drift to zero or below...

Should have been doing that all along...

It is possible that readers of NOG pr may think

that VTLE is getting that lower production amount

which is based on 20% NOG buying into deal

which is much lower than VTLE percentage of

production will be,

which was in the VTLE pr on the deal...

that is my guess on the extra weakness of

VTLE and I'm sticking to it...

a rate drop will help debt load...

this artificial drop in oil and gasoline prices

framed for fall election purposes will change

when the New Year comes in after Christmas...

the ole Christmas gas price break always happens

to get suckers to over spend more...

A deal using debt instead of shares adds

EPS after deal completion...


so we watch...LJ

Refs stole a game from South Carolina,,,

a bad QB making a bad throw for

an interception is on defense as

soon as the ball is intercepted and

can be blocked, which is not a penalty...

REFS stole 6 points from South Carolina...

Georgia will lose to Ole Miss in November...

Georgia should also lose to Texas and

Tennessee if Alabama beats Georgia in

the game next weekend...

Kentucky QB could get hurt in SEC if he

keeps making decisions two foot steps

behind what the defenders are doing...

Ackward QB from Kentucky to watch...


Ohio State is week's big winner by being

IDLE for the weekend...


So we watch...LJ