Friday, August 14, 2015

OFF THE NET

There is so much to do, so much to write about, but unfortunately I have to leave the net for awhile. Not sure when I will be on -- but it will be later today.

The Director's Cut data has been posted; done in haste. A lot of things posted this morning were done in haste, and there will be factual and typographical errors. If this stuff is important to you, go to the source.

If your source is Hillary's hard drive, you may be out of luck. There are reports that it was "professionally" wiped clean.

Do not make any financial or investment decisions based on what you read here or think you may have read here.

By the way, $500 million for Tesla was not enough. The Wall Street Journal is now reporting (no link; I'm sure you can find the story "everywhere":  
Tesla boosted the size of its stock offering, unveiled just a day earlier, by more than $140 million.The electric-car maker said it now plans to sell about 2.69 million shares, up from the 2.1 million shares it said it would sell on Thursday. At the offering price of $242 a share, the sale would raise about $652 million.
*******************************
Swaps Are "In"

Reuters is reporting that  U.S. approves landmark crude oil export swaps with Mexico. I've talked about this for quite some time. Swaps make a lot more sense than ending the ban on crude oil exports. This looks like the foot in the door for swaps on a regular basis. Swaps make much more sense if done for the "right" reasons and not simply to be politically correct or to line the pockets of speculators.

This may be one of the top stories of the month. I have yet to read the story; just the headline.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.