02-11-26 pillz
| closed my short puts on EWY from yesterday , opened a short putas higher strike and longer maturity ... |
|
02-11-26 pillz
| if they need to do an airspace closure to test a laser, they are fare away of using it , in Israel they already use it without an airspace closure ... |
|
02-11-26 carib
WASHINGTON (AP) — The sudden and surprising airspace closure over El Paso, Texas, on Wednesday stemmed from the Pentagon’s plans to test a laser for use in shooting down drones used by Mexican drug cartels, according to three people familiar with the situation who were granted anonymity to share sensitive details.
That caused friction with the Federal Aviation Administration, which wanted to ensure commercial air safety and the two agencies sought to coordinate, according to two of the people.
Despite a meeting scheduled later this month to discuss the issue, the Pentagon wanted to go ahead and test the laser, prompting the FAA to shutter the airspace. It was not clear whether the laser was ultimately deployed. |
|
02-11-26 carib
Spal: they did. The previous owner was Alain Delon, the french actor, but the property is much improved now...
The idea is not making money, but actually using it.. |
|
02-11-26 carib
El economista y profesor universitario, Francisco Rodríguez, consideró que dolarizar la economía venezolana podría traer beneficios al país.
«Creo que Venezuela definitivamente debe considerar la dolarización, yo creo que sería una reforma que podría traer muchísimos beneficios al país, una dolarización plena, formal», acotó. |
|
02-11-26 pillz
|
02-11-26 spal
Spal: the VanEck family were owners of one of my houses a few decades ago..
===
Proves that they had good taste. |
|
02-11-26 spal
SCHW
CHARLES SCHWAB CORP
95.90-3.35 (-3.38%)
Schwab - still in the meat grinder. |
|
02-11-26 savo
| btc almost back to its 2021 high...65,500...when gold was 1,800. |
|
02-11-26 spal
| Susquehanna ... they are exceptionally aggressive in the crypto space. I see them always at the bleeding edge there. It is called bleeding for a reason. |
|
02-11-26 spal
Spal: the VanEck family were owners of one of my houses a few decades ago..
===
Carib - you have always been my favorite Italian Conte. I mean that in a friendly way. |
|
02-11-26 spal
SFL
SFL CORP LTD
10.26 (+12.43%)
Rerating up now ... plus short positions are closing
|
|
02-11-26 carib
Susquehanna-backed crypto lender BlockFills has halted withdrawals and restricted trading on its platform, underscoring the strength of the recent tremors that have shaken the digital asset market.
The Chicago-based company, which in 2025 handled $60bn in trading volumes, has suspended client deposits and withdrawals as the price of bitcoin and other crypto assets has swung in recent days. The suspension was put in place last week but remains in effect, BlockFills told the FT.
BlockFills acts as a liquidity provider and lender to about 2,000 institutional clients, including crypto-focused hedge funds and asset managers, according to its website. Its options products are only available to investors with digital currency holdings of $10mn or more.
|
|
02-11-26 carib
Spal: the VanEck family were owners of one of my houses a few decades ago..
|
|
02-11-26 spal
OIH
VanEck Oil Services ETF
380.85 (+3.38%)
Tracker |
|
02-11-26 spal
RIG
TRANSOCEAN LTD
5.82 (+6.98%)
|
|
02-11-26 spal
| Adding to oil services positions |
|
02-11-26 savo
carib.. no restructuring and no heavy oil investments until DT recognises Delcy as president of veni.
As long as the psycho is made to believe that she can be president shortly.. the whole recovery will be on hold waiting for her.
DT has a tough cookie here to sort out.
|
|
02-11-26 spal
02-11-26 savo
spal.. transocean 47 at 109... was at 73 in april 25
borr.. nabors... all up...
===
Yes drillship rates will go up.
BTW you picked a good market here. Keep me posted if when and as you rotate around sectors. From an equity perspective it is a truism that "the bonds know first" |
|
02-11-26 spal
$FECCF
New Sedar document including contract deal with Geopark
Conditions of a larger proposal:
Other businesses have until 5 business days before shareholder meeting most likely April 10th to submit a "superior proposal" but it could be pushed back if there are proposals most likely it would be in April though
Superior proposal conditions basically means larger then Geopark deal and not subject to financing.
There is also a $25 million dollar break fee that would need to be paid to Geopark.
In my opinion this is worth over 1 billion US minimum I expect proposals from Parex and Ecopetrol maybe even some majors like Chevron or Exxon given that they may want back in with government changes
===
Above was just posted on a BB.
I am adding to my position. |
|
02-11-26 victor
| savo, a few days ago it dropped to almost 60 before recovering to 70 |
|
02-11-26 savo
spal.. transocean 47 at 109... was at 73 in april 25
borr.. nabors... all up... |
|
02-11-26 spal
| Transocean/Valaris deal consolidates the offshore drillship/platform biz and will drive up day rates. Holding position in BORR. |
|
02-11-26 savo
btc...66K... gradual losing of bubble air.
victor...any comment? |
|
02-11-26 spal
|
02-11-26 pillz
|
02-11-26 spal
Chris Shipping 🚢🚢
@christankerfund
·
13m
My phone alerts for shipping new 52W highs is going crazy … |
|
02-11-26 spal
SFL
SFL CORP LTD
10.00 (+9.62%)
CC in a few mins ... maybe they announce that the Hercules (their hot stacked) Gen 5/6 drillship got a contract (finally as they were carrying it).
But shorts are closing now
|
|
02-11-26 spal
SFL ... short squeeze
Shipping rates and shipping co's outperforming. Might be advanced in the cycle now. |
|
02-11-26 spal
| FRO ... short position reducing ... might be squeezing up |
|
02-11-26 spal
The U.S. Federal Aviation Administration (FAA) issued a Notice to Airmen (NOTAM) Wednesday morning entirely closing the airspace over the Western Texas city of El Paso for the next ten days, citing “special security reasons,” while classifying a large area over both El Paso and the neighboring community of Santa Teresa, New Mexico as “national defense airspace” under the control of the Defense Department. All flights in and out of El Paso International Airport and nearby regional airports have been canceled or grounded, with even medical evacuation flights being restricted, as local authorities and military officials state that they have received no information regarding the NOTAM. Such an airspace closure over a major city in the United States is unprecedented, with the last time such a restriction like this was issued occurring after September 11, 2001.
Cartels |
|
02-11-26 carib
|
02-11-26 carib
Savo: bless you.
As for myself, I just watched the Senate committee hearing, heard the plan, and saw it followed by the caretakers of the protectorate, who are so far obedient..
All I care, personally, is getting an acceptable restructuring, and bail out..
I I was venezolano, my priorities would be different, obviously. |
|
02-11-26 savo
carib... did you talk to Marco Rubio?
no.. "we" do not need to talk... we are in the same wavelength...
|
|
02-11-26 spal
Spal, yes I suppose money will flow to the best robots.
===
Maybe, but my main point is that the AI algorithms are preprogrammed and will tilt (my view) the rapid ingestion of news and sentiment ... this will make them act quickly, but a bit fanatically (hence more volatility on news events). |
|
02-11-26 carib
|
02-11-26 carib
| Savo: did you talk to Marco Rubio? |
|
02-11-26 savo
victor... i understand you do not like to hear this.... but Rubio will delay elections in veni as much as necessary to make sure the economy recovers and Delcy is re-elected... according to the veni constitution elections in veni are not due until 2030. So plenty of time. If GOP is relected, Rubio will continue after Trump either as president himself or in Vance's cabinet.
Veni is too important to be left to fall into the hands of the same crooks that stole 300MM dollars from Citgo, Monomeros and USaid. |
|
02-11-26 victor
| pana, so, i hope rubio knows what he's doing.. delaying vz elections until after the midterms. |
|
02-11-26 victor
pana, let's hope so.
jaime b mentioned a theory that delcy & co will try to drag reforms as much as possible, till after the november midterms hoping the gop loses, and then flip the bird to a much weaker dt admin.. and go back to normal, refusing any further reforms. |
|
02-11-26 pillz
Another 'AI victim' on the stock market: Dassault Systèmes has its biggest price drop ever
The disappointing annual report of the French software group Dassault Systèmes feeds investor fears that generative AI will eat into the turnover of traditional software and data suppliers. However, bargain hunters are already popping up in the same sector on the London stock exchange, and not the least.
It's not a good day for the French software group Dassault Systèmes
DSY
-19,83%
. Due to a disappointing quarterly update and forecast, the share plummets to 22 percent on the Paris stock exchange (see chart). That is the biggest price drop ever. In particular, the fact that Dassault expects revenue growth of 'only' 3 to 5 percent for the 2026 financial year disappoints investors. JPMorgan analysts call that expectation "worse than the most negative scenarios."
The setback reinforces fears among investors that European software companies are vulnerable to disruption from AI tools that can write software themselves and would thus make the business model of a traditional software company irrelevant. At Dassault itself, they point to the reason for the weak forecast not to the competition from generative AI, but to the persistent weakness in the European automotive industry.
|
|
02-11-26 hann
https://www.reuters.com/business/energy/key-venezuela-creditor-group-set-appoint-houlihan-adviser-sources-say-2026-02-09/
LONDON/NEW YORK, Feb 9 (Reuters) - A key group of holders of Venezuela's defaulted sovereign bonds is poised to appoint Houlihan Lokey (HLI.N), opens new tab as financial adviser, two sources told Reuters on Monday.
Venezuela's government and state oil firm PDVSA defaulted in 2017 on bonds with a combined face value of around $60 billion, while the country's total external debt including other obligations, bilateral loans and arbitration awards is estimated at between $150 billion and $170 billion... |
|
02-11-26 carib
|
02-11-26 panasonic
| Vic, exposing how veni was sacked by socialists indiscriminately and with the blessing of media (while people was eating from garbage bins) seemed utopia two years ago, kudos Rubio!! Hope he doesn't stop. |
|
02-11-26 victor
El negocio de las hijas de Zapatero en Venezuela fue registrado por una empresa fantasma
El nombre del portal de videojuegos fue dado de alta por una sociedad que no figura en ningún registro ni en la red
'El Server' desapareció de internet el día de la detención de Maduro en Venezuela
Crece la incertidumbre sobre los vínculos empresariales de la familia de Zapatero en Venezuela. El negocio de las hijas del expresidente en el país iberoamericano fue registrado en internet por una empresa que no existe. 'El Server', la plataforma de videojuegos con la que tejió una alianza la agencia de comunicación de Laura y Alba Rodríguez Espinosa, 'Whathefav', fue dada de alta con el nombre de 'elserver.gg' en un registrador de dominios web alemán por una sociedad que no aparece en ningún registro.
Este periódico ha podido confirmar esta información accediendo a la base de datos de dominios web, 'Whois' (acreditada por la Corporación de Internet para la Asignación de Nombres y Números, ICANN), donde se revela que la dirección en internet de 'El Server' fue registrada por la empresa 'Nolaech', una sociedad que no aparece en ningún registro y cuyo rastro en la red es inexistente.
Este nuevo dato revelado por este diario, arroja más oscurantismo sobre la actividad comercial de la familia de Zapatero en el país iberoamericano. El registro del nombre de la plataforma de videojuegos en la red por parte de una sociedad inexistente, se suma a la circunstancia de que la página web de 'El Server' dejó de funcionar el pasado 3 de enero. El mismo día en que el Ejército de los Estados Unidos llevó a cabo una operación militar sobre la capital del país venezolano que desencadenó con la detención del presidente del país, Nicolás Maduro.
Además del nombre del registrador del portal de videojuegos en internet, en la base de datos consultada por este periódico se desvelan otros datos de 'El Server' que hasta ahora no se conocían. En primer lugar, aparece el nombre del sitio web donde fue dado de alta el nombre del negocio de las hijas de Zapatero. Dicho espacio web, conocido con el nombre de '1Api', se trata de un registrador de direcciones web especializado en la gestión técnica y automatización de dominios -con más de 3 millones de direcciones web gestionadas- y que tiene su sede legal en Alemania. |
|
02-11-26 panasonic
Spal, yes I suppose money will flow to the best robots, but the interesting part is that bigger is not better, when amount traded grows it becomes self destructive.
Not easy... |
|
02-11-26 panasonic
| Pilly, indeed it was discussed all day on Cnbc, the impact of Altruist in financial world, the only thing that will beat robots is trading on inside information imvho. |
|
02-11-26 spal
| Panas - it will be much enhanced volatilty and overshooting, caused by trend following. I am with Savo. |
|
02-11-26 panasonic
Savo, I'm trying to understand how it will evolve, millions robots in pursuit of a fraction of one penny!
Can't wait to see how the trading ecosystem will look in few years. |
|
02-11-26 pillz
Rising fears about artificial intelligence are affecting the shares of companies at risk of being disrupted by it, from small software companies to big wealth-management firms.
The latest selloff occurred when a tax-strategy tool rolled out by Altruist Corp. sent the shares of companies like Charles Schwab Corp. and LPL Financial Holdings Inc. down by 7% or more.
Investors are quickly trying to avoid getting caught owning any company with the slightest risk of being displaced by AI, with some experts saying it's still too early to predict the fallout and others believing the disruption will take longer than expected to play out. |
|
02-10-26 savo
pana... systematic trading will end up disappearing the moment AI takes over...
it will be back to the good old days of special situations discretionary trading... |
|
02-10-26 panasonic
| Spal, the ones that I've been offered trade futures on Ninja, would like something less soecific. |
|
02-10-26 spal
| Panas ... let me know what you end up doing there. |
|
02-10-26 spal
Added to FECCF position ... incredibly illiquid ... sometimes I make the market ... but my calculation of liquidation value is $12 ... I may trade out sooner ... but market for it is very spooky ... schpal stock only.
Calculation:
They have sold O&G biz to Geopark ... soon after this closes they will dividend USD 5.32. There is also a performance payment later (on acquired assets from Geopark of 35 cents.
Total so far $5.67.
They (Frontera) have an infrastructure biz remaining. It has 3 pieces. Port (100% owned) in Cartagena ... not the main port but one called Puerto Bahia. Bahia does 2 things ... 55% of all cars (roll on, roll off) and is in a venture with Gasco to do LNG.
These 2 things will earn it 25 million EBITDA per annum.
The other infrastructure thing they do is a pipeline JV with Ecopetrol to the oil fields. They collected 69.5 million in cash dividends from this in 2025.
They are spending on a couple of refinements to this infrastructure biz. I think it can throw off $75 million cash per year.
They have 69.5 million shares outstanding ... thus $1.07 per share per annum.
The infrastructure biz is all nice and tidy in sep. sub and packaged for sale.
Say 7 times earnings ... call it $7 dollars per share.
They also have a call in ownership of a drilling claim in Guyana. They sunk $400+ million into it, but ended up with a dispute with the crooks there. They would probably win when it goes to arbitration. I am not counting the value from this.
Thus my calc is $12.67 for each share. You can discount this for execution risk and the Colombian neighborhood and lag in execution etc.
Shares trade at $7.43 currently ... thanks to my bid ...
|
|
02-10-26 panasonic
Spal, I'm looking for a robot to do my trades, it will have better results than me for sure.
Really good ones are in hands of the big guys, but me need simple bot. |
|
02-10-26 spal
| Schrong counter trend now on Schwab ,,, but you have to move up schtops |
|
02-10-26 spal
| Stuff moving too quickly and violently ... algos in charge ... vs schpal |
|
02-10-26 spal
| Bought Schwab ... for the bounce ... trailing a schtops |
|
02-10-26 pillz
U.S. Secretary of Energy to travel to Venezuela to discuss future of PDVSA
Tue Feb 10 13:42:13 2026 EDT
US Energy Secretary Chris Wright announced that he plans to visit Venezuela soon to begin talks with officials about the future leadership and management of the country.
In an exclusive interview with Politico, Wright said that during his visit he hopes to meet with interim President Delcy Rodríguez and tour some oil fields. He noted that the Venezuelan oil company, which three decades ago was considered a highly professional and technically competent enterprise, has lost those capabilities over the years.
"PDVSA was a highly professional and technically competent oil and gas company 30 years ago, and it has not been so for quite some time," he said.
Oil management and political transition
The U.S. Secretary of Energy assured that the capture of Nicolás Maduro was not motivated by energy objectives, but rather by regional security considerations.
"This was a geopolitical problem of a country that posed a threat to all its neighbors, a threat to the Western Hemisphere," he said.
However, the official acknowledged that the recovery of the oil sector could become a key factor in stabilizing the Venezuelan economy and facilitating a democratic transition. Wright said there had been no change in Washington's plan to promote democratic elections in Venezuela and expressed his expectation that these elections could be held within 18 to 24 months.
He indicated that this process will require cooperation with the interim authorities and support from economic instruments, such as the reactivation of the energy sector.
Energy Secretary bets on foreign investment and legal changes
Wright explained that PDVSA's mismanagement has become an obstacle to attracting foreign investment, especially under the legal framework that requires international companies to partner with the Venezuelan state-owned company. He added that the Venezuelan state-owned company has been accused of corruption and administrative deficiencies.
The Energy Secretary highlighted that the interim authorities recently approved amendments to the oil law that allow foreign companies greater control over their operations and cash flow, which he described as a positive sign in the new relationship between the United States and Venezuela.
"I think the legislation that was passed fairly quickly is a gesture of improvement from the outset of this new relationship," he said.
However, he acknowledged that investors still demand additional guarantees, such as clear property rights and neutral mechanisms for dispute resolution.
The initiative has drawn criticism within the United States, both from oil and gas producers and Republican lawmakers, who believe that increasing Venezuelan supply could put further pressure on crude oil prices. Wright downplayed these objections, describing them as part of the workings of capitalism.
He argued that Trump's energy policy seeks to increase global production to reduce prices and benefit U.S. consumers, even if it creates more competition for companies in the sector.
SID(FNW5bc913d15c214f8c362a)
UE22-FRA USEG USEG-BQ USEG-CO
c13 ccat dvpcoz gcat gpir gpol i1 ifosfl iharco iioil ioilgas ioilin lamz namz ncat nfact nfcpex nfcpin nitv samz usa ven
Provided by INTERCONTINENTAL EXCHANGE INC
**M2Z-PR-ESCS-01 |
|
02-10-26 pillz
| sold a schmall put options on EWY , soo if it go down from today -1.1% , I will go more aggressively ,,, savo when one sell puts , the exchange rate is insignificant |
|
02-10-26 savo
FWIW.. it took 3.5 ounces of gold to buy one Kospi at the turn of the century...
it costs 1 ounce of gold today to buy one Kospi.
Loss in kospi when measured in real money 71%..
but needs to add another 20% for loss of Korean won vs US$. |
|
02-10-26 carib
Pill:
1) I bought Samsung Electronics years ago. it now tripled in value.
2) yes, it is a "small percentage" that can be taken care by specialised small boutiques, no need of large "wealth managers" there. |
|
02-10-26 pillz
But I would not trust AI to set up or manage a complex tax optimisation schemes that relies on discretionary arrangements with providers and competent authorities.
//
but this is a small percentage of this bizzz |
|
02-10-26 pillz
South Korean stocks have yet to close their long-held discount against peers even after a $1.7 trillion rally, with earnings growth making a case for the world-beating advance to continue, money managers say.
The still-cheap valuations are behind Wall Street’s bullish views on Kospi this year, with JPMorgan Chase & Co. projecting as much as 7,500 — a more than 41% rise from here.
Korean bulls expect the rally to extend as the push for corporate governance reforms gathers pace, with the next likely step a mandatory cancelation of treasury shares via the commercial act revision.
..//
I like this Korean discount, but it is already years so, but still I am tempted to take long the index , any suggestions ?? |
|
02-10-26 carib
| I guess most "bread and butter" advisory services could be put out of business by AI. But I would not trust AI to set up or manage a complex tax optimisation schemes that relies on discretionary arrangements with providers and competent authorities. |
|
02-10-26 spal
| Pilly - very interesting. |
|
02-10-26 pillz
legal services
//
I use them at chatgpt , it's very efficient ... |
|
02-10-26 pillz
Tax planning and wealth management stocks sank Tuesday after financial software provider Altruist Corp. launched an artificial intelligence tool for creating tax strategies, sparking concerns that traditional players could be at risk.
Shares of Charles Schwab Corp. fell as much as 8.1%, with other wealth management stocks also taking a hit. Raymond James Financial Inc. dropped 8.5%, LPL Financial Holdings Inc. slid 8.4% and Stifel Financial Corp. sank 7.2%.
Altruist’s new tool, unveiled on Tuesday, helps financial advisors personalize strategies for clients and create pay stubs, account statements and other documents, the company said in a statement.
“The selloff appears tied to broader concerns about AI disrupting the financial advice and wealth management model,” said Neil Sipes, an analyst with Bloomberg Intelligence. Investor focus today is “likely centering on concerns around efficiencies being competed away, fee compression long-term and potential market share shifts.”
Insurance brokers’ stocks had a similar meltdown Monday after Insurify’s new rate-comparison AI tool raised concerns about those companies’ businesses.
The threat to traditional business models across industries from the advent of new AI-powered applications has started spreading into many corners of the stock market, starting with the software firms. The jitters really struck investors last week after AI startup Anthropic released tools aimed at automating work tasks across areas ranging from legal services to financial research. |
|
02-10-26 spal
|
02-10-26 spal
| CRS - position closed for now. Stock is consolidating. |
|
02-10-26 spal
Chris Shipping 🚢🚢
@christankerfund
·
2h
India Coast Guard is getting on the action and seized 3 shadow tankers (OFAC sanctioned) involved in the Iranian oil trade. |
|
02-10-26 spal
Savo - bitcoin is portrayed as "purer" than a token. It is somehow the "Ur" code. You can tokenize against it ... and that is done already, but the purist view is that you have it "hard" in a cold wallet or you don't.
I think it will retain some value as long as the hardliners believe that it will and in some cases you will never be able to change that belief.
It is not subject to debasement as far as I can see.
It is subject to wrench attacks. |
|
02-10-26 carib
| Savo: no BTC lovers here, I guess. |
|
02-10-26 savo
victor.. we all know that by now... regarding gold the calculation is that around 220,000 tons exist above ground... and annual production is around 3,500 tons... ie 1.5% growth per annum... in line with world gdp and population growth... so flat as well.
the kind of comment I would like to hear is not about data that we know but why would anybody want tokenized nothing vs tokenized gold. |
|
02-10-26 carib
| Victor, at present, what is the cost of mining one BTC? |
|
02-10-26 victor
savo, any comment?
//
21 million max. full stop.
only 1 million left to mine. full stop.
|
|
02-10-26 savo
now that Tether gold exists...what is exactly the reason of BTC to exist?
tether is tokenized gold...what is BTC? tokenized nothing?
In the original days of cryto... BTC was ... let's say...tokenized scarcity... but with thousands of crytos... scarcity is not a concept anymore even if btc was the first one and that made it special... not anymore
If one can have tokenized gold... and at some point tokenized silver, copper, uranium...coffee... nickel...why have tokenized nothing?
If this argument is correct... btc will continue to desinflate... and eventually go to zero..
any comment? |
|
02-10-26 spal
| Yes they should dollarize. |
|
Board
