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Monthly Archives: March 2011

Violence in Syria (VIDEO)

These video were taken in the city of Daraa, Syria.

[youtube:http://www.youtube.com/watch?v=3bO7DWRLoGY&feature=youtu.be 616 500] [youtube:http://www.youtube.com/watch?v=7GoKA-9nlf4 616 500]

Apparently, Syrian forces indiscriminately killed up to 7 people, and injured scores more, at a mosque.

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Small Cap Energy Stocks Soaring

With oil prices on the rise, investors have been upping their appetite for risk, buying up shares of small cap energy stocks.

Here are some of today’s winners.

1 CHGS 62%
2 SHZ 29%
3 REE 25%
4 ROYL 20%
5 LEI 18%
6 MCP 17%
7 HNR 14%
8 RAME 13%
9 GMET 12%
10 PDO 12%
11 SYMX 11%
12 MXC 11%
13 DEJ 10%
14 FTK 9%
15 CXPO 9%
16 QBC 8%
17 LNG 8%
18 ICO 7%
19 CBEH 6%
20 FPP 6%

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Allies Playing Hot Potato With Libya

Sadly, this was predictable.

“Deep divisions between allied forces currently bombing Libya worsened today as the German military announced it was pulling forces out of NATO over continued disagreement on who will lead the campaign.”

Read the rest here.

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Update on Coalition of the Winning Progress in Libya

Via BBC:

0359: The Pentagon says that of Tuesday, the US military had flown 212 aerial missions over Libya, while 124 had been flown by other coalition forces. A total of 108 air strikes had been carried out and 162 Tomahawk missiles had been fired, it adds.

162 tomahawks at $569,000 per.

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Asian Markets Mixed

Japan -1.5%.
Hong Kong -.33%
Australia unch
Singapore +.4%
China +.4%

S&P futs -4

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Flash: Reports of Heavy Fire in Syrian City of Daraa

People reporting first hand accounts of Syrian troops indiscriminately firing on people in the city of Daraa.

UPDATE: It’s being reported that Syrian troops have opened fire on people inside the Omari mosque.

UPDATE II: It’s also being reported that opposition leader, Taher Masalmeh, was killed.

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Apollo Global Prepares for IPO

Joining other publicly traded private equity firms KKR, FIG and BX, Apollo Global intends on raising $417 million in an ipo, giving it a market cap of $7 billion.

Related: Carlyle Group may file for an ipo later this year.

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Maintaining Libyan No Fly Zone to Cost Upwards of $1 billion per month

Rough estimates to enforce the Libyan no fly zone are about a billy.

However, exogenous events, like $150 milly F-15’s falling from the sky, can put the price tag exponentially higher.

Related: the afghan war costs $9 billion per month, ballpark.

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Howard Stern Sues Sirius/XM

This is odd.

“When Sirius needed Stern, it promised him a share in any success that the company achieved,” according to the suit. “But now that Sirius has conquered its chief competitor and acquired more than 20 million subscribers, it has reneged on its commitment to Stern, unilaterally deciding that it has paid him enough.”

Full article

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