SubscribeTDI Podcast 63: OIL-OIL-Enron Loophole-OIL-OIL
June 29, 2008
Guests: Prof. Michael Greenberger and John C. Dvorak discuss the Enron Loophole, the London Loophole and the skyrocketing price of oil. We also find out how closing the loophole could bring the per barrel price of oil down 25%!
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Since July 2001, Michael Greenberger has been a professor at the University of Maryland School of Law, where he teaches a course entitled “Futures, Options and Derivatives.”
Professor Greenberger was a partner for more than 20 years in the Washington, D.C. law firm of Shea & Gardner, where he served as lead litigation counsel before courts of law nationwide, including the United States Supreme Court.
In 1997, Professor Greenberger left private practice to become the Director of the Division of Trading and Markets at the Commodity Futures Trading Commission (CFTC).
Professor Greenberger has frequently been asked to testify before Congressional committees on issues pertaining to dysfunctions within United States financial markets caused by complex and unregulated financial derivatives. He has also appeared both in the media and at academic gatherings to discuss this subject, including appearances on CNN, ABC’s “World News Tonight,” the CBS Evening News, NBC Evening News, CNBC, MSNBC, The Jim Lehrer News Hour, NPR’s “Fresh Air,” and C-SPAN, where he also commented on financial dislocations arising out of the Enron collapse, the subprime meltdown, and the manipulation of crude oil and natural gas prices by unregulated energy traders.
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Additional Reading and Info related to this discussion:
MSN Article - House Passes Bill to Reverse oil price increases
Write You Senator, Copngressman or President with your concerns about oil
HUGE Listing (with emails) of your elected officials
* * Fill-in Form on Site and will Auto-Send to your Officials (COOL!) **
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ZachZone Stocks: Central European Distribution (CEDC), Energy Recovery, Inc. (ERII), Galiot Capital Corp. (GTC)
Stocks to look at from this episode: ProShares UltraShort Oil & Gas (DUG), ProShares Ultra Oil & Gas (DIG)
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CLICK HERE for a Virtual Tour of The Disciplined Investor Managed Growth Strategy
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TDI Episode 61: A Technology Carol
June 15, 2008
Guests: Leo Laporte and John C. Dvorak discuss all things Tech. We have a friendly chat to discuss the Technology of past and present and future. The Yahoo! and Microsoft deal (or not) and the general take on Apple’s new iPhone.
LISTEN TO PODCAST | LISTEN @ ZUNE - @ iTUNES
We tried to get it scheduled but at the last second, it all fell apart. So, two guests…just not at the same time. First up is John C. Dvorak who gives us his outlook on iPhone versus the Blackberry. Then in a something that you will only hear on this episode, John shares with us the something special, the perfect wine selection for dentists. WiMAX is analyzed along with
Listen/Read John all over the place including: MarketWatch, No Agenda Podcast, Cranky Geeks…
Acronym Finder via Dvorak.org/home.htm
Next, Leo Laporte, TWIT.tv. Leo is an amazing host and has a vast range of technology that he uses and understands. Surface computing, AntiVirus and AntiSpyware and who are the players that may be hurt by Microsoft’s entry to the market. Amazon and the cloud.
Some terms and products dug up from the past: VisiCalc, Wordstar, Apple2, DOS, Next Computer, Dumb Terminal, Palm Pilot, PDA, Zoomer and more…
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CLICK HERE for Indications of Interest for
The Disciplined Investor Managed Growth Strategy
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This podcast is brought to you by Audible.com. Download a free audiobook of your choice today at HERE
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The ZachZone Stocks: (NOTE: ZachZone will not be heard on podcast this episode, though these are the stocks he is watching) Walter Industries, Inc. (WLT), Bristow Group Inc. (BRS), Verso Paper Corp. (VRS), American Water Works Co., Inc. (AWK)
Stocks Mentioned in this Episode: (IBM) (INTC) (AMD) (GOOG) (YHOO) (MSFT) (AAPL) (RIMM) (PALM) (S) (PRXM) (MFE) (AMZN) (VMW)
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Hey Yahoo! - Microsoft is now MaxiHARD
May 4, 2008
Is it over? Maybe not….Maybe this is part of a bigger plan…
Microsoft may be actually pulling the plug on the Yahoo! deal as a form of intimidation. It is a risky play, but perhaps it is a strategy that is sort of a “See what happens to your shares if we pull out” strategy by Balmer and Microsoft. Yahoo! shareholders are going to be angry, that is for sure. But, what if that is exactly what Balmer wants? What if this is the Maxihard-ball that we were expecting from Balmer and Friends?
It has been a weird few months of this already. After coming to Yahoo! (YHOO) with a surprise takeover offer, Microsoft’s Steve Balmer “patiently” waited for Jerry Yang to come to his senses. Who is Yang kidding anyway? While Yahoo! is the #1 trafficked site, the company has done a lousy job at creating shareholder value. Sure, the integration of the two companies was going to Read more
What is in store for Apple?
April 23, 2008
Excerpt from my recent post at AOL Finance/BloggingStocks for Apple Computer Inc:
Apple (AAPL)… The name is synonymous with high-tech and high touch. They have surely been on a roll…No need for me to tell you that. Tonight, is the real deal, the make it or break it. The question of whether the economic slowdown is going to have any real effect on Mac, iPhone and/or iPod sales.
The word is that iPod sales have been declining because of the continuing increase in iPhone sale. Why would anyone want a traditional iPod if they can have it all with the iPhone or iTouch anyway? This is no news to anyone that follows Apple. So, what do you say we discount that conversation entirely.
Macbook sales have been on fire. The latest update to this line has sent PC laptops to the junkyard as potential buyers who were on the fence have gladly jumped over, head first. (Disclosure: I am a happy jumper!) To the delight of most users, the most concerning aspect of the transition was painless. The fear of not having a Windows machine was put to rest as companies like VMWare (VMW) provided virtualization programs that allowed for a seamless experience within a dual operating environment.
CLICK HERE FOR COMPLETE ARTICLE ON AOL FINANCE
Research in Motion (RIMM): Pure Domination
April 2, 2008
Research in Motion (RIMM) has been the darling of the working crowd for some time. Nothing has yet to come close to their capabilities with email push-technology. Email has become the mainstay of corporate life along with text messaging and anyone who has used a Blackberry device is fully aware of its addictive nature.
Yet recently, in walks Apple (AAPL) with an announcement that along with the release of their SDK developmment kit, it will be looking to lock horns with RIMM as it will also be offering a form of push-technology in the next release of the iPhone. Microsoft (MSFT) has also been nipping at the heals of RIMM as they would like to produce a device that has all of the features of the Blackberry along with a suite of Microsoft products.
So, where does that leave RIMM? From the looks of the earnings, it does not seem to matter much what these other pesky companies say or do as their infiltration into the handset market is widespread and earnings are here to prove it. After hours today, the stock popped up in response to the good news, confirming that they are still firmly in the driver’s seat.
According to the Marketwire release:
Revenue for the fourth quarter of fiscal 2008 was $1.88 billion, up 102% from $930.4 million in the same quarter of last year. The revenue breakdown for the quarter was approximately 81% for handhelds, 14% for service, 3% for software and 2% for other revenue. Revenue for the fiscal year ended March 1, 2008 was $6.01 billion, up 98% from $3.04 billion last year. RIM shipped 4.4 million smartphones in the fourth quarter and approximately 14 million smartphones
during fiscal 2008.$6.01 billion, up 98% from $3.04 billion last year. RIM shipped 4.4 million smartphones in the fourth quarter and approximately 14 million smartphones during fiscal 2008. Approximately 2.18 million net new BlackBerry(R) subscriber accounts were added in the quarter. At the end of the quarter, the total BlackBerry subscriber account base was over 14 million.
Longer Term Outlook
The chart for RIMM shows a breakout that occurred just over $112. Even with the recent volatility, the stock has not seen a great deal of downdraft and the next level for a longer term invetment is $132, the level it reached last November. Downside towards $99 is now what will become the next floor if momentum does not continue, but it does seem more realistic that the $115 level will be support if an earnings based breakout cannot hold.
Downside? Until corporate America decides to switch to another service, (which is hard to imagine) Research in Motion should continue to dominate with over a 55% worldwide market share.
A word to Apple and Microsoft: Be careful here.. remember what happened to Palm?
Disclosure: Horowitz & Company clients do not hold position in security mentioned as of the publish date.
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