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Akaralph

 
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  • The Right Time For DoubleLine [View article]
    Wow, a fund run by an ex druggie and porn addict. Bet he gets a lot accomplished every day.
    Dec 12, 2013. 08:23 AM | Likes Like |Link to Comment
  • Hugoton Royalty Trust - A Pure Play Long Natural Gas With A 12% Cash Royalty And $9 NPV [View article]
    HGT at today's price of $7.40 and last month's distribution of $.062 annualizes to 10.05% yield, not 12%.
    Dec 11, 2013. 11:02 AM | 1 Like Like |Link to Comment
  • Hugoton Royalty Trust - A Pure Play Long Natural Gas With A 12% Cash Royalty And $9 NPV [View article]
    Only seven points.
    Dec 11, 2013. 11:00 AM | 2 Likes Like |Link to Comment
  • Seadrill's Financials Speak Of A Very Risky Enterprise [View article]
    Your terms: "lackluster", "much to be desired", "acutely felt", "running wild", "frightening", "fraught with" are amusing. Perhaps you should be writing for the New York Times.

    You mention that you "adapted" items from their press release. Perhaps you should have quoted from their CC directly. I don't think you listened to it (or read it) very closely.

    SDRL follows a somewhat different type of business model, and I and many others are thankful that theirs is an investor-friendly company. I have owned it from the low $20's and would use any dip into the mid-$30's to add to my position.

    Perhaps the phrases that you have placed in bold type will have the desired effect for you - which it appears would be to short the stock.
    Dec 8, 2013. 03:40 PM | 16 Likes Like |Link to Comment
  • Pacific Coast Oil Trust: A Forecast Of Future Distributions [View article]
    None of these are MLP's.
    Dec 8, 2013. 03:23 PM | 2 Likes Like |Link to Comment
  • Is Annaly A Wise Investment At 52-Week Low? [View article]
    Both NLY and AGNC will go lower and will make further cuts to their dividends.
    Dec 6, 2013. 04:09 PM | 4 Likes Like |Link to Comment
  • American Capital Agency: What The Heck Is Going On Here? [View article]
    If you read what GS said about NLY and AGNC today, you can envision what is in store!
    Dec 5, 2013. 12:44 PM | Likes Like |Link to Comment
  • Assessing Covered Call Closed-End Funds To Enhance Retirement Income [View article]
    John -

    I looked at the price change for ETW, ETY and NFJ over the period of the bear market (10/9/07 - 3/9/09) and here is what happened to each.

    ETW went from 18.52 to 7.84
    ETY went from 18.15 - 8.14
    NFJ went from 24.33 to 9.41

    None of the three has even come close to their 10/9/07 price during the recovery.
    Dec 4, 2013. 08:29 AM | 2 Likes Like |Link to Comment
  • United-Guardian: A Recession-proof Income Stock [View article]
    So with a potential price target of $30 and a yield of close to 4%, why do you not already own it?
    Dec 3, 2013. 10:30 AM | 6 Likes Like |Link to Comment
  • Here Is Why I Sold Annaly And American Capital To Purchase A Contender [View article]
    As I have commented before Chris - I hope that you are someday able to recover your mREIT losses. I don't like seeing anyone get beaten up by stocks.

    I took a hit in 2008-2009, but got out with limited losses before the collapse, so I can speak from experience.
    Dec 2, 2013. 04:12 PM | 1 Like Like |Link to Comment
  • Here Is Why I Sold Annaly And American Capital To Purchase A Contender [View article]
    JMI's BV continues to drop, GAAP losses for Q3 were $2.76/share and they ate $49 million in realized losses.

    Just guessing their earnings are not covering the dividend.

    Some people never learn.
    Dec 2, 2013. 04:00 PM | 2 Likes Like |Link to Comment
  • Oxford Lane Capital's Holiday Surprise: 9% Dividend Increase Plus Bonus Payment [View article]
    TICC's NII has not covered the quarterly dividend for the past four quarters.
    Dec 1, 2013. 05:10 PM | 1 Like Like |Link to Comment
  • Oxford Lane Capital's Holiday Surprise: 9% Dividend Increase Plus Bonus Payment [View article]
    OXLC is certainly an interesting CEF.

    However, it is presently trading at a 7% premium to NAV, as you mentioned. It has traded between a premium of 11% and a discount of 15% over the past year. It is better to purchase CEF's when trading closer to the higher discount level. Would you pay $1.07 for a quart of milk that normally sells for $1.00?

    The kicker with OXLC is their fees. Annual fees are presently 2.19% and other expenses are 4.00% for a total of 6.19%.

    So even with the high yield, one is effectively (approximation) losing about 13% of NAV when you purchase OXLC.
    Nov 29, 2013. 09:13 AM | 3 Likes Like |Link to Comment
  • Seadrill - Investors Should Not Applaud The Recent Dividend Hike [View article]
    You don't seem to discuss their backlog in the article.

    SDRL is arguably the best positioned deep water driller in the world and with forthcoming projects in Mexico I believe things will only get better.

    I would stick with investor-friendly John Fredriksen before listening to The Value Investor.
    Nov 27, 2013. 10:19 AM | 15 Likes Like |Link to Comment
  • Protected Principal Retirement Strategy: Is There A Mortgage REIT That Can't Be Beat? [View article]
    If you go back to the initial articles that I wrote you would see that the 8% portfolio yield is for those folks that do not have the oft mentioned "million dollar retirement portfolio". Rather, it is geared to individuals that I call "Mid-Rangers" - those with $400 - $600K to invest.
    Nov 26, 2013. 09:07 AM | 1 Like Like |Link to Comment
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