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NYBOB: James Comer is a false alarm. Hunter, his uncle and his pop are going to get off Scot free.
It is sad that the Justice Department is an arm of the Democratic Party. If that weren't the case, the U.S. Attorney General would be going after the Bidens, and Hunter would be in jail.
NYBOB: James Comer is a false alarm. Hunter, his uncle and his pop are going to get off Scot free.
It is sad that the Justice Department is an arm of the Democratic Party. If that weren't the case, the U.S. Attorney General would be going after the Bidens, and Hunter would be in jail.
al44: Here is another victim of criminal illegals:
https://www.dailymail.co.uk/news/article-13134519/Illegal-immigrant-el-salvador-murder-boy-released-jail.html
DD: Independents will not flock to Biden. The only thing flocking to Biden are pigeons, who will poop on his head.
lj: NVDA
Today's price (Wednesday) should be interesting. Will it hit $50 or even go past $50?
lj: That article made no sense to this peon. The figures didn't add up.
lj: Yep. China nixed bitcoin right out of the gate.
lj: Macy's is closing a slew of stores. My guess is that there will be 4K-5K lost jobs, maybe more.
Looking ahead, AI won't hit a stride; it will gallop, then fly like the wind. When that happens, the job losses could devastate civilization. Computer programmers will be the first to go. Laborers will have jobs, but there will fewer laborers needed, as the middle class will no longer be spending like drunken sailors on home remodeling and anything else you can think of, except drugs.
Conspiracy theory: The Marxist Democrats will use AI to shrink the bourgeoisie, after expanding the proletariat class over the past 2 years with unlimited illegal immigration. To fulfill their plan/vision, they need a huge proletariat. With probably 20M or more illegals already here, no problem.
The middle class has always been in the way.
Not a peon's thesis.
Critical race theory, DEI, cancel culture--all Marxist tools. It is in your face. A classic example is the idea of slavery reparations. That, more than anything, could cause extreme racism and achieve the Marxist goal of dividing the country along lines of race. There aren't going to be reparations, but Africian Americans who expect it will be bitter. It is a win-win for the Marxists.
lj: VTLE
Up a bit today. I have some shares in my IRA purchased at $51. I am tempted to sell the March $15 $50 call, since getting rid of the position might not be a bad idea if we believe the next earnings report will stink to high heaven. But, given the weird investment world, if the earnings are bad, the stock might pop up $5. Outside of my IRA, I am sitting on that call, on the position that cost me roughly $65 a share.
lj The eps in the next 10Q should be interesting, given the increased share count and the decreased prices of ngas and oil.
lj: Okay, so now I figured it out. You live in coastal Bama. Jeff Sessions did get a raw deal, but he did cause Trump a major headache when he was Attorney General. Sessions has integrity and wanted to stay neutral, unlike Merrick Garland, who, imo, is disgusting.
We learn this week that Melania didn't want Ivanka and Jared in the White House. I agree wholeheartedly with that. Hiring them was very banana republic-esque.
Nikki Haley is not an acceptable candidate to MAGA people. So forget "bird brain".
Ron DeSantis is.
Did you go to Clemson?
And this late-breaking story--an alleged poll says Michelle is more popular than Gavin, Biden, and the Kacklin' Kamala.
Would THAT ever be a gift to Trump.
lj: Don't get what you mean by supporters being "kicked under the bus".
After Super Tuesday, Nikki Haley will be a far* in the wind.
Conservatives will never support Haley. If Trump weren't in the race, we'd try to draft someone other than Haley at the Republican convention. Ron DeSantis would do.
NYBob: Now you're talkin!
lj: That verdict will juice the migration to Florida. Guess we should buy real estate there. It will only go up.
lj: NVDA went really crazy in the first half hour, then came back down a bit. I have been too busy to watch the market.
Deer spent the entire day in my back yard yesterday, then munched on some parsley before leaving. Their muzzles were thick, like a moose's.
Planned to sell RCL puts on Wednesday, but had to go out and didn't do it. The stock popped up on Thursday.
Oh, well.
Your girl is going to get her comeuppance tomorrow, perhaps. She won't quit the campaign because the military industrial complex apparently is backing her.
littlejohn: NVDA Last December, I rolled ahead a January 2024 $300 call to a December 2025 $600. The farther out U go, the less likely the stock will be called earlier. But it does happen. And, if NVDA reaches $900 or more, I believe the $600 will be called.
VTLE: Thought. Even with the dilution, the PE will be ridiculously low. Or maybe not, given their ngas production being very underhedged.
lj: VTLE
And so we watch, literally.
NYBob: Good stuff, Bob. Keep up the good work!
lj: VTLE
That WAS clever. 6.5M additional shares with oil below $80 is not good for the eps. But, if oil were higher, they would be paying more for their acquisitions. I think there timing is fine, if you have a LT perspective.
r59: BOIL
Finally. But I am not jumping on board in anticipation of any big move up in ngas!
lj: NVDA is due to go into a hibernation. I'm thinking that if the earnings are not spectacular, down goes my lastest AI stock, PLTR. VLO got slapped today. $100 in a month or two?
DD: Calm down. Your gold Trump tennis shoes will arrive any day now.
SSKILLZ1: HALO
IMO, a much better pharma stock is BHVN (Biohaven). It is an amazing company. They developed the blockbuster migraine
drug Nurtec, then sold it to Pfizer for a lot of money that they can use to fund the research on all of their very interesting neurological drug candidates. However, the stock is expensive, imo. I would like to buy it in the low $30's, that that might be a pipe dream.
Nikki Haley is as at risk of dementia as Donald Trump. Probably more so for making such a stupid statement. Think she is desperate? Sorry to go "mean girl" on her, but I can understand why Trump labeled her "birdbrain"!
https://www.dailymail.co.uk/news/article-13105385/nikki-haley-trump-dementia-husband-michael-deployment.html
DD: Jim Jordan has the goods on the Bidens.
Zack's article on BELFB's imminent 10Q:
https://www.yahoo.com/finance/news/bel-fuse-belfb-report-q4-160500459.html
littlejohn: The judge is as crazy as a loon. Businesses will leave New York. Will the last individual with wealth please turn out the lights when they leave New York City.
Going west half-way across the country, State taxes are going to go up to pay for all of the illegals Gov. Abbott has been dumping on Chicago, and continues to do so. Chicago has a huge budget shortage now.
al44: I have as much confidence in EIA's forecasts as I do in Old White Joe's passing a cognitive test.
lj: This is interesting, I guess. Saw an article reporting that lithium mines are shutting down due to the drop in demand as America wakes up to what I have been saying for a couple of years--EV's are a joke. Gyptocurrencies and AI are going to suck up too much energy. Grid won't be able to handle EV's. Also, I was wondering. Do the 8M+ illegals use electricity, or do they sleep in tents in the woods? Hmmmm.
lj: WEN
That is the company to follow to see how many jobs they eliminate using AI. They are testing it in Ohio.
lj: "Terrible week to be on the wrong
side of the trade..." Good advice for Haley doners--the week after the S.C. primary!
lj: Nicki Haley is part of the Uniparty. She can be controlled, therefore no lawfare against her.
If you think the court cases against Trump are legitimate, I have a bridge I can sell you.
lj: oil
Exited my position in DBO, with a tiny profit.
Interesting to see XOM up. Should have sold a $99 put last week.
Snow in this region overnight--3-5". Temps will melt it off pretty quickly. Shouldn't affect driving much.
87 octane solidly at $3.30 here. Apparently, the State and Federal Government no longer care about price fixing.
But Old White Joe is after grocery stores for overcharging on snacks.
People calling for gun control after the K.C. tragedy are like people who cannot distinguish between legal and illegal immigration. They are going to try the punks as adults, by the way. 15-year-old adults. Yeah, right. They should arrest the adults who are responsible for them.
lj: Excellent point. Oil up today.
GRRR is sinking like a rock. I plan to buy more if it gets down to around .50, which was the low in January.
lj: Their timing is a disaster. Had they waited until this quarter to do the acquisition, they might have paid a lot less. Unless oil jumps to the mid $80's and stays there, earnings are going to be an unsightly mess, assuming they didn't entered into ngas hedges at higher prices.
lj: Stagflation is becoming the mantra of the talking heads. Stagflation is high unemployment and inflation.
There isn't high unemployment. Not yet. Let AI do the dirty, then the U.S. will have record high unemployment. That is maybe 5 years down the road.
littlejohn: oil
Please translate the post into English for us thick peons.
"Saudi Arabia has 20% to 25% of the record
U.S. oil production rate sitting idle now..."
VTLE: I sold the March $50 call, not caring if it is called. I sell calls on LT positions only when i am looking to unload a stock.
A guest on CNBC said we are in for a hard landing. His arguments seemed good. He mentioned credit card interest.
Oh, yeah. In the past 2 years, my electricity rates have gone up about 25 percent. Electric bills are hurting consumers.
I was thinking, "What happens when ngas prices are high during winter months." My gas and electric bill could be $600, $700 dollars. F the green-energy nut jobs, that is all I can say. F them. Should I say what I really think!
I need to unload DBO, that is for sure.
We might be able to pick up oil stocks at yard sale prices at some point.
If House MAGA Republicans cannot hold the line on spending, we are doomed. Doomed.
And the Attorney General of West Almost Heaven Virginia, a Republican believe it or not, is called for Kamala to invoke the 18th Amendment.
Maybe they should reinstate the Amendment that repealed slavery and make the illegals slaves. See how many would come here then! I am full of brilliant ideas, or full of something.
And the evil Yankee New York judges are going to reinstate the Stormy Daniels case and seize Trumps business assets this week. F the far-left Commie judges. Am I making myself clear, yet?