Seeking Alpha
  • Ocean Man
    $EQM +4%. Free money.
    7/17/13
    Reply (10)
    • Albert Alfonso: I got way too greedy and was waiting for a pullback today to start a position. Should have bought in the AH when the pricing was announced..
      7/17/13
    • nclsamy: Nice call O.M. Unfortunately missed the train too...
      7/17/13
    • weed: As usual, the ones I don't follow have the quickest pay off.
      7/17/13
    • wheelz23: nice call...did you make this call based on your experience or did you re-valuate the merger?
      7/17/13
    • ennifar: Are you holding onto this one?
      7/17/13
    • Ocean Man: ennifar - just posted a partial sale. wheelz - most secondaries (on MLPs) drop 4-5%. When you see them accompanied by the words
      7/17/13
    • Ocean Man: "immediately accretive" and "distribution raise", they're almost a sure thing to bounce back. On mREITs, if the secondary is priced
      7/17/13
    • Ocean Man: above book value, it's usually a good bet to bounce back. On micro Rx stocks, if you hear the word secondary, run. Run far, far away.
      7/17/13
    • Ocean Man: Note: if a company "files" for a secondary, that means they could do one at any future time. "Announced a secondary" means happening now.
      7/17/13
    • wheelz23: i've noticed your success on secondaries...that's valuable info, thanks
      7/17/13