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Ron Reed

 
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  • SandRidge trusts sink after sales volumes fall short of estimates [View news story]
    Lets see, warnings were issued in Nov-12, Dec-12, Feb-13, Mar-13, Arp-13, Sep-13 all stating that SD was having issues with the trusts and/or having to pull resources from other projects to fund the distributions. Oddly enough SD is attempting to operate like the Fed, it just cannot print its own money to back itself. @Douglas, I concur with your statement, however I wonder if they will ever be sustainable.
    Oct 26 06:21 AM | Likes Like |Link to Comment
  • SandRidge trusts sink after sales volumes fall short of estimates [View news story]
    From the inside looking out, SD and SD trusts are a sell until the issues inter company get resolved.
    Oct 25 10:33 AM | Likes Like |Link to Comment
  • GOP hopeful of debt-budget deal today [View news story]
    What I find is so inexplicable is that Congress is attempting to tell the Exec. branch that it cannot raise the debt limit to enforce the laws that Congress passed. So many people misunderstand that the debt limit only needs to be increased due to the laws that Congress has already passed and the Exec. branch is mandated to enforce. Don't get me wrong, I don't like this administration and I don't agree with its tactics or values, but the whole load a crap spewed by both sides on this is all misleading talking points to begin with. Then you have big weigh in from so called experts that express only opinion and no fact swinging to either the right or left political side, a public that doesn't have a clue, and a huge amount of fear mongering from all sides; I honestly wonder where the political machine gets these people in the first place. Most high school kids have a better grasp of civics and the constitution than Congress and the other elected bozo's. There is certainly no better country to live in, in my opinion, but I sure wish we could elect some folks in that care more about the people and less about themselves.
    Oct 11 05:51 AM | 11 Likes Like |Link to Comment
  • 5 Simple Reasons I'm Still Short Pandora [View article]
    What would tell me I (and the author) was wrong; is a solid proof of positive earnings and ways going forward to increase earnings and actually value the stock. Having a continual loss of capital and and increasing stock price is rather irrational in a market with competitors that do have positive earnings. The current price is based on pure speculation and only 1/4 based in truth at that.
    Oct 7 03:43 PM | 5 Likes Like |Link to Comment
  • Analysis: Tesla at $200 is coming, just not today [View news story]
    His point being that the analysts cannot even figure where this stock is going and simply change tune to what the stock sings. Up or down they follow suit but don't understand it any better than retail investors.
    Oct 3 08:32 AM | 1 Like Like |Link to Comment
  • Mortgage REITs reprice amid hefty dividend cuts [View news story]
    That is rather funny since CMO followed all the same dips but none of the raises. Holding in the same 25% price to price range and paying only a fraction of the dividend and a 1/10 of the net worth. Overall I think we can all agree that generally the stock price follows the BV. With that being the case CMO has a net of 1.2B and pays about 8% AGNC has 9.2B and pays about 15%. Yes, yes payout changes over time as does stock price but overall those numbers are close. We can sit here and pin prick pick specific data points to counter both, however overall AGNC does a much better job managing the money. The are much more efficient on profit production from capital as well as growth. Its not that CMO is a bad company, but they are nowhere near the team that makes up AGNC and its parent company.
    Sep 20 05:12 PM | Likes Like |Link to Comment
  • Mortgage REITs reprice amid hefty dividend cuts [View news story]
    you'll have to wait until I have time to write the article for that.
    Sep 20 05:03 PM | Likes Like |Link to Comment
  • Deutsche raises Tesla PT to $200 from $160, shares +1% AH [View news story]
    what tickles me is how all the "analysts" get to slap price targets anywhere they want, and when it makes a turn or never reaches that point there is no accountability for false targets. Good news comes out on "X" and they give it a PT of 100.00, bad news two weeks later and it drops to 50.00 all the while "X" remains at about 75.00. Price targets are useless unless they come from a respected source which are harder and harder to find these days.
    Sep 20 02:26 PM | Likes Like |Link to Comment
  • Mortgage REITs reprice amid hefty dividend cuts [View news story]
    It is the most well run agency MREIT out there, the management is well skilled and knows how to run company to profit regardless of the environment. Certainly they move up and down in BV and price, however they continue to profit well in excess of most other investments with lower risk.
    Sep 20 02:23 PM | 1 Like Like |Link to Comment
  • Mortgage REITs reprice amid hefty dividend cuts [View news story]
    I think it is more a question of how much of your total portfolio (%) is dedicated toward REIT's. Owning all of them is not my style as I prefer to dig a lot and select only a few top players by my metrics. Owning a slew can be seen as a failure to fully understand the companies, however it is a better hedge overall. Owning all of those prevents the failure of one from bringing down the house. You limit your return but also limit the risk. I would limit my holdings to 10% or less if you are unsure of the direction or risk averse and 25% if you are willing to take on more risk. 25% would be the top end of my recommendation for a total portfolio and that is only for those who have a deep understanding of both the REIT sector as well as the complex arena of mortgage finance.
    Sep 20 11:59 AM | Likes Like |Link to Comment
  • Mortgage REITs reprice amid hefty dividend cuts [View news story]
    They have a history of issuing new shares when they are 10%+ BV and then purchasing them at -10%+BV. AGNC is well run for this and many other reasons.
    Sep 20 11:24 AM | 1 Like Like |Link to Comment
  • Deutsche raises Tesla PT to $200 from $160, shares +1% AH [View news story]
    And the rising long term debt and cash burn.
    Sep 18 06:33 PM | Likes Like |Link to Comment
  • After-hours top gainers, as of 5:15 p.m [View news story]
    agnc trading at 23.15 still under the 25.51 NBV,
    Jul 29 05:49 PM | Likes Like |Link to Comment
  • Bernanke Humphrey Hawkins testimony: The path of the Fed's QE program is "by no means on a preset course," but it is currently anticipated asset purchases will begin being scaled back later this year and could be halted by mid-2014. The U.S. economy remains vulnerable to shocks, including the chance global growth comes in slower than forecast. [View news story]
    here go the Mreits...
    Jul 17 09:21 AM | Likes Like |Link to Comment
  • Pandora (P -7.1%) slumps for the second day in a row after releasing disappointing June audience metrics. A column from The Verge's Greg Sandoval discussing the PR struggles the Internet radio giant is facing in its efforts to lower royalties might also be contributing to the drop. Among other things, Sandoval observes the Internet Radio Fairness Act failed to draw much Congressional support, and that a Pandora petition asking artists to support its legislative efforts triggered a backlash. Shares -11% since Monday's close, but still +99% YTD. [View news story]
    I honestly think long term, without something new to sustain it, $P will fall to the wayside. That old economic equation about being the first and loosing everything, just clearing the jump
    Jul 11 09:31 AM | Likes Like |Link to Comment
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