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Roger Newman  

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  • JCP: Ullman's Buy Is Very Meaningful [View article]
    Ummm, you're happy about a $5 price target? Survival does not make a bull case. It is just that, survival, not leadership or out-performance. At best, I think JCP is dead money for longs.
    Nov 26, 2013. 05:36 PM | Likes Like |Link to Comment
  • Improving A Simple SPY Trading Model [View article]
    Curve fitting is very dangerous. That is exactly what you have done. There is absolutely no evidence that curve fitting the past will produce any better returns in the future. Cutting your analysis to the best single day (i.e. 79th) is a disservice to SA readers. If you ran this analysis one year ago you may have come up with the 99th day. That wouldn't have been optimized going forward as you proved. Computational power can be very dangerous in investing if in the wrong hands.
    Nov 26, 2013. 11:55 AM | 2 Likes Like |Link to Comment
  • Total Return Pricing For BDCs [View article]
    If you were a holder of HTGC would you consider selling to buy MAIN which, based on your work, seems to have better valuation and potential going forward?
    Nov 20, 2013. 10:38 AM | 2 Likes Like |Link to Comment
  • BDC Returns For Q3 2013: Part 1 [View article]
    Buzz, thanks as always for your insight. I am thinking that HTGC is getting pricey here and wonder what your suggested replacement would be for total return?

    Nov 14, 2013. 09:13 AM | Likes Like |Link to Comment
  • Ranking ETFs For Portfolio Update [View instapost]
    I find this type of analysis to be quite interesting. Do you have any back tested information as to its performance under different market conditions?
    Nov 11, 2013. 03:42 PM | Likes Like |Link to Comment
  • BDCs With The Highest Growth Potential [View article]
    Thanks for all of your hard work in this area, it is appreciated. I have recently read a few of your articles and seem to remember you calling HTGC one of the best BDC's out there but also calling it overvalued at the current price. Do you consider this a cash the chips opportunity?

    Oct 25, 2013. 12:42 PM | Likes Like |Link to Comment
  • The Obama REIT: A Secure 7% Yield [View article]
    I have been out of this name for some time due to the issues surrounding the managers.
    Oct 19, 2013. 11:45 AM | Likes Like |Link to Comment
  • Tanzanian Royalty Exploration Is An Excellent Short Candidate [View article]
    Um, take a look at the date of my post. The stock was trading in the mid 3's. That looks like it was a pretty good short to me since the stock is in the low 2's now. Who says you have to hold until it hits zero? Would you rather have been long or short since my post? The proof is in the price action. It has been down or unchanged for 19 of the past 20 days. Yeah, I'd love to be holding long here...
    Oct 17, 2013. 09:17 AM | Likes Like |Link to Comment
  • Tax Loss Selling Opportunity In Busted Closed-End Fund IPOs- Part I [View article]
    How has this idea worked in years past?
    Oct 9, 2013. 10:38 AM | Likes Like |Link to Comment
  • Tanzanian Royalty Exploration Is An Excellent Short Candidate [View article]
    Look at the volume chart; they hit at the close
    Sep 21, 2013. 11:18 AM | Likes Like |Link to Comment
  • Tanzanian Royalty Exploration Is An Excellent Short Candidate [View article]
    Let's see what happens at the close on the 20th. That is the date TRX is removed from the index and funds tracking the index must divest over 7 million shares. Perhaps it will have no effect but that is a lot of shares for the market to absorb when the largest holder I could find owns 4 million shares...
    Sep 17, 2013. 05:31 PM | Likes Like |Link to Comment
  • Tanzanian Royalty Exploration Is An Excellent Short Candidate [View article]
    Who is going to absorb over 7 million shares other than shorts covering? Any of you longs out there ready to spend $24 million on those shares? Depending on short covering to protect your long is a very risky proposition!
    Sep 12, 2013. 11:02 AM | Likes Like |Link to Comment
  • Reshuffling The (Historical Return) Deck [View article]
    James, I'm a great believer in broad asset allocation and your articles/updates on the GMI are appreciated. Please keep it up!
    Aug 27, 2013. 02:36 PM | Likes Like |Link to Comment
  • Annaly Capital gets new CFO [View news story]
    eltito, don't make the mistake of looking at your purchase price when making a decision. The correct decision (in addition to taking tax issues into account) is whether you would want to buy NLY at this price or is there a better place for your money. I am not giving an opinion but forward performance is the only thing that matters, not how much you may be behind...
    Aug 19, 2013. 05:24 PM | 4 Likes Like |Link to Comment
  • Think Before You Leap Into Muni Closed-End Funds [View article]
    We are certainly closer to a bottom than a top!
    Aug 16, 2013. 12:51 PM | 1 Like Like |Link to Comment