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Mark Gottlieb

 
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  • 2013 Delivers Higher Dividend Income At Lower Prices To Preferred Stock Investors [View article]
    Shawn, I sorted through the controversy on AFSI and MHLD. It sounded like someone trying to make money shorting AFSI. AFSI approved buying back its stock http://bit.ly/1dotCdS Insiders of AFSI have been buying a lot- http://yhoo.it/1eF8EOo MHNC was up 7% since I bought it. Lots of preferred stocks had a healthy new year's bounce after what I suspect was lots of year end tax selling. I'll see if their prices hold at these somewhat higher levels as trading gets back to normal this week. I think they should and think Maiden and AmTrust have more room to run. It's still best to be diversified with preferred stocks/fixed income and Doug knows the most about preferred stocks.
    Jan 5 10:25 PM | Likes Like |Link to Comment
  • 2013 Delivers Higher Dividend Income At Lower Prices To Preferred Stock Investors [View article]
    I personally like MHNC (Maiden Holdings) which is an exchange traded debt security rated BBB-by S&P. It was issued on 11/18/13 at 25 and trades at 20.69 for a 9.36% current yield http://bit.ly/UPACHN
    Jan 1 08:06 AM | Likes Like |Link to Comment
  • GeoInvesting Responds To Bronte Capital On AmTrust [View article]
    MHNC also is a great buy in my opinion- Maiden Holdings reinsures AFSI and dropped with AFSI.

    Investment grade exchange debt security- 11/18/13 IPO was at 25, currently 20.70 and 9.36%. I haven't seen anything this attractive in fixed income since I was scooping up investment grade European banking and telecom bonds last year in the 9-10% range. http://bit.ly/UPACHN
    Dec 29 09:10 PM | 1 Like Like |Link to Comment
  • Nearly 8% Yield On Maiden Holdings Investment-Grade Exchange-Traded Debt Security [View article]
    I picked up some more Maiden on Friday, 7 3/4s at 20.70 (symbol MHNC) which came out at 25 about 1 month ago. Nice deal, 9.3% for this investment grade security.
    Dec 25 10:34 PM | 1 Like Like |Link to Comment
  • GeoInvesting Responds To Bronte Capital On AmTrust [View article]
    Look at all the big recent insider buying at AFSI including - I wouldn't be surprised if a AFSI short squeeze takes place soon. http://yhoo.it/1eF8EOo
    Dec 25 07:51 PM | Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    MH_PA also looks good to me after today's drop.
    Dec 18 06:30 PM | Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    At current pricing I like MHNC better. MHNA bounced nicely off the day's lows, MHNC didn't bounce much.
    Dec 18 06:29 PM | Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    Another great buying opportunity for MHNA today.
    Dec 18 01:59 PM | 1 Like Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    The preferred shares of Maiden were a great deal before today and I suspect a much better deal now. Sounds like this was market manipulation to me.
    http://bloom.bg/1kE8m7O
    Dec 12 06:47 PM | 3 Likes Like |Link to Comment
  • AmTrust Financial Services: A House Of Cards? [View article]
    I wouldn't be surprised if AmTrust and Maiden bounce back a lot tomorrow.
    Dec 12 06:46 PM | 2 Likes Like |Link to Comment
  • Nearly 8% Yield On Maiden Holdings Investment-Grade Exchange-Traded Debt Security [View article]
    Sounds like market manipulation to me. I wouldn't be surprised if the Maiden preferred shares have a big bounce soon. http://bloom.bg/1kE8m7O
    Dec 12 06:29 PM | Likes Like |Link to Comment
  • Election Chaos May Have Driven Investment Grade Telecom Italia Note Yield To 7.27% [View article]
    Agreed- hopefully they'll have some changes which will help the bond. Part of the decline has been the rate uptrend but Telecom Italia has been underperforming. It probably is a decent buy at this level assuming rates don't spike a lot from here and assuming it doesn't get downgraded to junk.
    Sep 17 01:03 PM | Likes Like |Link to Comment
  • Some Preferred Shares That Offer 6% To 9% Dividends [View article]
    Nice articles. It seems the lower coupon preferred stocks are getting clobbered way more than the higher coupon ones (e.g. dlr.pg at 20.09 off from its 25 IPO) with all the fear of rising rates. I was lucky to shield the overall decline this year with higher coupon preferred stocks 7-10% (e.g. VLY_PA, MT_PA, MH_PA, MRH_PA, KFN.P, SAN_PE, AHL_PA). Most are investment grade or in the BB area with their bonds/notes rated investment grade. I picked up some more VLY_PA with what I perceive as little risk at pennies above par including its recent X Div (it had partial calls last year and earlier this year). I was lucky to pick up more MT_PA when it dropped to 24.96 earlier this year (8 1/2% coupon).
    Sep 5 05:52 PM | 2 Likes Like |Link to Comment
  • Bonds: Short-Term Risk, Long-Term Opportunity [View article]
    http://bit.ly/13LefZ1
    Morningstar good to see discounts for Closed End Funds in the and average discounts.
    Aug 6 08:33 PM | 1 Like Like |Link to Comment
  • Bonds: Short-Term Risk, Long-Term Opportunity [View article]
    Interesting article
    http://on.barrons.com/...
    Aug 6 08:10 PM | 1 Like Like |Link to Comment
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