Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

A respectable dividend stock?\

The Death Spiral

Is Pioneer Natural Resources Doomed?

Pioneer Natural Resources (PXD) is growing. Pioneer will pay $6.4 billion to acquire DoublePoint Energy, The Houston Chronicle reports. The company will trade 27.2 million shares of its common stock, $1 billion in cash, and take on $900 million in debt to get 89% of DoublePoint.

Read More