The Evil Diaries: Pantheon, Petroceltic and The Big Short

The Iowa primaries put me in mind of the cancer patient in New York City who was told that he had just six months to live and advised to go to Iowa. He queried as to how being in Iowa could lengthen his life. “Oh it won’t. It’ll just feel like it.” Perhaps tonight’s outcome will break the rule.

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Pantheon (PANR) is oil price sensitive as regards its share price even if its economic prospects are surely determined by success with its drilling. This would make PANR a buy at under 150p.

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So also with Petroceltic (PCI) whose elevation this morning is surely down to the deal at Premier (PMO).

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The Big Short: if you do not know what a CDS or CDO is in practice, you will be pressed to understand what this film is about. Other than a socialist gabfest.

Finally, every few years, I remind readers to go see the work of Jim Meddick and his Monty on gocomics.com. This strip is uniquely funny and way way ahead of anything we have over here. Be careful not to Google Maddick where a quite different result might be achieved.