Old National Bancorp (ONB)
Trading Center
Loading...
Symbols:
ONB Forum Topics
- All Comments on ONB
- General Discussion on ONB
- Options Trader: Monday Outlook [view article]
- S&P 1500 Regional Banks Index Down 33% YTD [view article]
- Prepare Yourself To Buy Financials [view article]
- Old National Bancorp Q1 2008 Earnings Call Transcript [view article]
- Merger Arbitrage Opportunity: Old National To Acquire St. Joseph Capital [view article]
- Jim Cramer's Mad Money Lightning Round Picks, 11/5/07: Superior is Inferior [view article]
- Jim Cramer's Mad Money Lightning Round Picks, 8/15/07 [view article]
loading ...Recent ONB Articles
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Options Trader: Monday Outlook [view article]
And the $1trillion questions is: who is that mysterious trader?Is it possible to agree with both Phil and Mmmark? Taxes should go where the oil is extracted, sounds logical. I don't mind stock buybacks because that money will flow where investments dictate and new energy will continue to be attractive at $100+oil. At the same time, oil companies are good at building large projects. As soon as one of them figures out that it is more profitable to invest in alternate energy generation then others will follow at increasing speed. I think the government can help by the proper carrot and stick tax policy that makes that stampede moment happen sooner. Reply
Options Trader: Monday Outlook [view article]
I tell you what BS, since anyone who read the last post where you turned out to be full of it yourself in the plays you claim I missed, why don't you try to explain how the AMZN or BIDU play are down big - I'm dying to see what line of BS you will need to come up with on those week-old butterfly spreads.As to AXP, the position was the Jan $45 calls with the Aug $40 calls sold against. It's called a bear call spread and AXP is supposed to go down, that's how we make the money. Perhaps first get a grasp of the basics before criticizing...
Reply
Options Trader: Monday Outlook [view article]
Phil's opines are more specific and to the point, David Fry is less an opinionator. Not to belittle the chart work cause it seems everyone enjoys it, but Phil is more open to attack cause you know exactly where he is. Quite refreshing, I might add. ReplyOptions Trader: Monday Outlook [view article]
Thanks for your acknowledgment Phil.Dave Reply
Options Trader: Monday Outlook [view article]
I read the article and found it to be complete crappola. Not worth my time commenting on anymore. I cut and pasted the comment above and sent it to the author.If XOM spent more on E&P they would be hammered by Wall Street for a lack of capital discipline. Believe me, I've been in the conference calls and heard the questions and reactions to responses. Plus, I really think the opportunities to spend more are very limited. So to ensure that a risk-based portfolio of investment yields good returns, XOM cannot ramp up extreme wildcat exploration a great deal. That leads to poor results and lots of wasted money. That's the reply to queen nancy and the chosen messiah-O to their cute little "Big Oil isn't drilling on the land they already have" dittie. The land the isn't being drilled is being worked at the science level to determine if there are prospects to be drilled and if the risk/reward equation makes sense.
Paying executives...pretty much think that's a problem across wall street and until Boards of Directors grow independent and with backbone, its not changing. But not a Big OIl exclusive! Reply
Options Trader: Monday Outlook [view article]
MMark - Those are good points but you do understand that that was a quote from the Conde Naste article, not a product of my own research. The article had many nasty points about XOM so I suggest you read it in its entirety and comment on their site. If you have and article with substantiated links, I would be happy to link to it. If you read me often you know that one thing I always tell people is "don't believe what you read" whether from the right or the left. Anyway, thanks for that, I do enjoy hearing contrary views!My main issue with XOM is they do spend more on stock buybacks, bonuses and dividends than they do on E&P. I don't think that's good for America or XOM in the long run.
LOL Win, you are getting your wish on weakness. We're scooping up GOOG at $480 today and the same old financials but overall, this is a nasty little drop. Maybe for show ahead of a turn around on Paulson at 2:30, we'll see.
Reply
Options Trader: Monday Outlook [view article]
Mmarrkk-you have it right. I get some lease money from an oil company and I see them putting out all kind of money in and aound our community. A huge amount! While congress is about it, why not put windfall taxes on Google, Microsoft, Coke and the movie industry, they make big money with not near the risk oil companies have to take every day. And don't forget Oprah. ReplyOptions Trader: Monday Outlook [view article]
Interesting stats on the NYMEX trader. As for the Exxon bashing, my thoughts echo Mmarrkk. ReplyOptions Trader: Monday Outlook [view article]
Phil,Briefing.com is expecting a BIG beat on GDP - they predict 2.8% and perhaps even 3%. I'm buying some calls on weakness this week. Reply
Options Trader: Monday Outlook [view article]
What's a Monday without a bash of Exxon, eh Phil?Why is it surprising that XOM pays more to foreign governments than in US taxes? An overwhelming amount of Exxon's work and reserves and production come from foreign countries, so why wouldn't an overwhelming percentage of the fees/taxes/confiscatio... go to those governments?? And why are you so darned interested in driving and Oil and Gas company toward alternatives? Why not have companies specializing in alternatives investing in alternatives and have oil and gas companies investing in oil and gas and returning profit to shareholders? As a shareholder of XOM, I like it when they give me dividiends and buy back stock. That gives me the flexibility to invest that money in alternatives.
To support the earlier figure, I give you stat's from JS Herolds on Exxon's "New Sources" of oil/gas in 2007-2015:
27% from Qatar
20% from West Africa
11% from Canada
10% from Norway
9% from U.S.
8% from Kazakstan
again, why shouldn't the majority of the fees/royalties and taxes go to other countries?
And, instead of just quoted US Fed Income Taxes and compare to all charges/fees to foreign governments, why not be a bit more CONSISTENT and compare total fees paid to US governments via state taxes and royalties to the federal government and the states?? That $5 billion number would grow substantially. And how about the royalties paid to private land/minerals owners? That's a big number too. In foreign countries, there are no payments to private owners as the countries own the minerals. And while you are at it, throww in the production/severance taxes. And make sure you throw in Alaska's 50% production tax that was just implemented (Alaska now has one of the world's highest government takes on oil/gas production!! Hello Hugo Chavez, meet Ms. Palin!).
Beat up Exxon all you want but at least have the intestinal fortitude to do a consistent, like-for-like comparison instead of cheap shotting and then parading the ridiculous "windfall" profits tax around. What next? Maximum wage allowances to go with Minimum wages? Oops, forgot, we have a presidential "messiah" who already thought of that and makes it part of his economic platform. Reply
S&P 1500 Regional Banks Index Down 33% YTD [view article]
Yes try KRE............ ReplyS&P 1500 Regional Banks Index Down 33% YTD [view article]
Is there a fund or ETF that covers this segment? The closest I have found it IAT. Thanks. ReplyS&P 1500 Regional Banks Index Down 33% YTD [view article]
Gentlemen - I think S.A. deleted my comment in which I said you look like geeks in suits. Anway, find better pictures than the ones above - pictures in which you look like "normal dudes." FYI. ReplyPrepare Yourself To Buy Financials [view article]
So which banks do you favor now? ReplyOld National Bancorp Q1 2008 Earnings Call Transcript [view article]
as for my investments, you look a lot better than my regions financial stock sam Reply