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Everything posted by Jauronimo
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So is Jim Hackett. https://www.chron.com/business/energy/article/Bankrupt-Alta-Mesa-assets-sold-for-320M-15013022.php ok...Clearly I know what a blank check company is. What was your point that share price was "down to $10"?
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Par is $10. Its a special purpose acquisition company (SPAC). They formed a public company with the stated purpose of acquiring or merging with a company in the energy space. Pegs has 2 years to make a deal or return everyone's capital. Every SPAC initially trades at $10 and there is little share price movement until deal is rumored or definitive agreement is in place. Pegula made his billions buying oil and has producing acreage and developing this acreage. Raising capital, assessing investments, and closing deals is a different sport.
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Best Casino Buffets in the Area!
Jauronimo replied to Halloween Land's topic in Off the Wall Archives
Never been drunk, married, and spending your free time railing the buffet lines?!?! Sounds like you're doing your 20s all wrong. What do your 30s hold? Shuffleboard, high-waisted pants, and early bird specials? -
In Honor of National Chicken Wing Day - Drums or Flats?
Jauronimo replied to ChevyVanMiller's topic in Off the Wall Archives
This is the way. I like both but prefer drums since theres usually some loose flapping skin at the end of the drum which adds extra crunchy texture. The girl prefers flats and we always order too much so it works out perfectly. -
ESPN: The NFL's Best Offenses per Personnel Grouping
Jauronimo replied to DrDawkinstein's topic in The Stadium Wall Archives
I think he will be a solid fantasy contributor. He will catch more balls than Moss and rack up more yardage. Moss will take the goal line carries but Allen takes much of that work anyway. -
ESPN: The NFL's Best Offenses per Personnel Grouping
Jauronimo replied to DrDawkinstein's topic in The Stadium Wall Archives
I don't think there is a true starting job on this squad but I wouldnt be surprised if Moss is seeing 50% of the touches by week 4. -
I don't read the obits or waste time with local newspapers. Enjoy your print subscription to the Buffalo News.
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Whats up with the parentheses after certain names? Maxwell (Meghan) and Lewis (Mary). Is half of this woman's family transgendered?
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Is he deaf?
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Jim Kelly's late son.
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I'm sure any corporation would value the opportunity to credit check 60,000 people to make sure payments will be made on time as opposed to a single entity with meaningful cash flow generation. Kinda makes you wonder why naming rights aren't crowd sourced more often. I would love to watch games at Stadium McStadiumFace Field.
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NHL welcomes the Seattle ....Kraken!
Jauronimo replied to YoloinOhio's topic in Off the Wall Archives
I really thought the Rain City B@#$ Pigeons was going to be the choice. -
Fixed it for ya ?
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Charges against Ed Oliver dismissed
Jauronimo replied to FluffHead's topic in The Stadium Wall Archives
I don't think you need OJ's Dream Team to get you off when the blood results are negative for everything on a DWI charge.- 331 replies
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NFL will allow social justice decals on helmets
Jauronimo replied to Greg S's topic in The Stadium Wall Archives
A no knock warrant the primary target of which was already in police custody. As I understand it, no knock warrants are highly unusual for what were believed to be low level drug dealers by the Louisville police. But apparently they needed a no knock warrant to prevent Taylor from destroying drug evidence or records relating to drug sales. Kinda makes you wonder how they got those warrants especially since the post office concluded the packages the primary suspect had received at Breonna Taylor's home were not suspicious. They didn't find anything in her home so all is well that ends well. https://www.whas11.com/article/news/local/breonna-taylor-lawyers-police-lied-about-search-time-and-arrest-of-main-suspect-in-narcotics-investigation/417-3f4fa77a-c1c8-44fa-ab57-be187dc750c4 https://www.usatoday.com/story/news/factcheck/2020/06/30/fact-check-police-had-no-knock-warrant-breonna-taylor-apartment/3235029001/ -
https://www.bloomberg.com/news/articles/2019-04-10/permian-basin-is-flaring-more-gas-than-texas-residents-use-daily
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No clue as to the potential for commodity price increases. We flare enough natural gas in Texas everyday to power the whole state since the infrastructure doesnt exist to get the gas to market. There were negative spot prices in Waha not long ago. Yes, you understand that correctly, they would pay you to come take the stuff away from them after hitting flaring limits.
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Its a SPAC. https://www.renaissancecapital.com/IPO-Center/News/69269/Energy-SPAC-East-Resources-Acquisition-files-for-a-$300-million-IPO Shares will be available to the public at par value of $10. Pegs will have 2 years to make a deal or return everyone's money. SPACs are all the rage right now but they come with risk. The pressure to make a deal is high but if you make a bad deal, like Alta Mesa Energy, it can go up in flames. https://www.wsj.com/articles/investors-handed-an-oilman-a-blank-check-company-heres-how-it-turned-out-11555328147 https://www.desmogblog.com/2020/03/05/us-shale-fracking-boom-fraud-alta-mesa-enron $3.8 billion to bankrupt in 18 months.
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Tesla, Nikola, Daimler, a few others. Check out Hyliion which will likely be bought by the special purpose acquisition company or SPAC going by the ticker SHLL. https://www.hyliion.com/wp-content/uploads/2020/06/Hyliion-Tortoise-Overview-Presentation.pdf https://www.hyliion.com/ Natural gas powered generator powers an electric drive train. Hydrogen fuel cells and batteries have a long way to go to catch up on range, towing capacity, and cost. I'm sure the tech will get there but for now I like Hyliion's business plan and took a flier on some shares of SHLL.
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Just like coal?
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In order to be distressed you need to have debt and Pegula's energy businesses are debt free according to a number of interviews. A number of shale producers are distressed and will go under, but JKLM isn't likely to be one of them. Natural gas will have its place in the energy market for years to come even in a renewables based energy world. Its clean burning and suitable for satisfying surge demand for electricity which renewables cannot address. There is one startup company in the transportation space introducing natural gas powered drive trains for class 8 vehicles. But the biggest demand driver for natural gas will be the petrochem market. As it is pretty much all growth in demand for oil and gas has been from the petrochem market.
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Joe Marino on "Under the Radar" Superlative= Tackling
Jauronimo replied to JESSEFEFFER's topic in The Stadium Wall Archives
I pasted the data into excel for a better breakdown by position. The results were interesting on a missed tackle % basis by position group. See above for updated post.