Merrill Lynch versus InterOil round 2
First battle legal battle is a draw of sorts. The supreme court doesn’t want to burn it’s fingers on this one, and stipulates arbitration as the way to solve the […]
More interest in PNG’s exploration and LNG prospects
There is more good news on possible partners for InterOil’s exploration potential and planned LNG facility..
Daily Distortions no.23. An accountant’s Bermuda triangle of wells..
The more nonsense they write and the more personal insults we and this website receives, the more we know we are on to something..
Broken stocks, companies alive and kicking
This market is a curious beast. There are companies, many companies in fact, that are in better shape than ever and yet they are battered into oblivion. We can come […]
That Baltic Dry Index (BDI)
Our most loyal readers might remember the good old days back in April-May, when this site just started, that we wondered about the strange disconnect between stock prices and economic […]
SBS mysterious figures solved, it turns out it indeed is very cheap.
The public data pertaining to SBS shares are somewhat confusing, and that’s putting it mildly. Even the 2002 prospectus introducing the American Depositary Shares (ADS, or ADR’s) did only add […]
TED offensive seems to have worked
A sign that some form of normality is turning back to credit markets. But it’s also stalling a bit..
Two new fronts open up in the crisis
More wise words from the recent Nobel laureate.
InterOil. Daily Distortions no.22
There is a new distortionist artist on the boards posting an unprecedented amount of nonsense in the most aggressive way. The fact that the shorts have to resort to these […]
Companhia de Saneamento Basico do Estado de Sao Paulo
It surely sound good! A Bossa Nova baby from Sao Paolo, not quite the girl from Ipanema, but we think it’s a very attractive stock nevertheless. Here is the chart, […]