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Ron Reed  

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  • American Capital Agency Among The Worst mREITs [View article]
    I agree the title was well picked to gain attention, and the article is short on technical analysis and no facts to back up a "gut" feeling. As always when feelings are used to trade they are most often wrong.
    Jun 11, 2013. 07:43 AM | 5 Likes Like |Link to Comment
  • After trading lower this morning, Pandora (P +5.7%) has shot higher on a day that has seen the release of the company's May audience metrics, and an AllThingsD report about an iRadio licensing deal with Sony Music (the last major label to be signed). Pandora's May figures suggest its mobile listening cap continues to change user habits. Listener hours rose 22% Y/Y to 1.35B, but that growth rate is down slightly from April's 24%, and considerably from March's 40%. Also, Pandora's U.S. radio listening shared fell to 7.29% from 7.33% in April and 8.05% in March (it was 5.8% a year ago). Active listeners +1% M/M and +33% Y/Y to 70.8M. [View news story]
    Everyone just seeking for some hope of good news.
    Jun 7, 2013. 02:18 PM | Likes Like |Link to Comment
  • Federal prosecutors have indicted the operators of a Costa Rica-based digital currency exchange called Liberty Reserve (LR) for facilitating the laundering of over $6B in illicit cash. LR users were able to transfer money using Western Union (WU), MoneyGram (MGI), Visa (V), MasterCard (MA), American Express (AXP), and CitiBank (C). Given the crackdown on compliance policies at banks such as HSBC, questions now might be asked whether those companies have any culpability. [View news story]
    " cough, cough - bitcoin. "

    Don't even get me started there :)
    May 29, 2013. 09:34 AM | Likes Like |Link to Comment
  • Federal prosecutors have indicted the operators of a Costa Rica-based digital currency exchange called Liberty Reserve (LR) for facilitating the laundering of over $6B in illicit cash. LR users were able to transfer money using Western Union (WU), MoneyGram (MGI), Visa (V), MasterCard (MA), American Express (AXP), and CitiBank (C). Given the crackdown on compliance policies at banks such as HSBC, questions now might be asked whether those companies have any culpability. [View news story]
    Did anyone else catch the humor in the fact that just like gov't run ponzi schemes, it is illegal for the public to wash cash but it is perfectly legal to (and many economic theories based on) do so by the gov't. Early morning humor.
    May 29, 2013. 07:42 AM | 2 Likes Like |Link to Comment
  • A downgrade to Hold from Maxim's John Tinker leads Pandora (P -0.2%) to open lower, but shares have quickly bounced. Tinker cites valuation, noting Pandora trades near the $17 PT Maxim set back in Aug. '11. He's otherwise positive, noting improved mobile monetization and the fact Pandora support is now built into 95 car models. Piper raised its estimates yesterday. [View news story]
    And yet "Analyst Rob Sanderson of MKM Partners initiated coverage on Pandora Media (NYSE: P) Friday morning. Sanderson gave the company a Sell rating and set a price target of $10."

    Gee, who wants a good short?
    May 17, 2013. 10:17 AM | Likes Like |Link to Comment
  • Do Not Panic Out Of American Capital Agency [View article]
    The drawback to options on AGNC (or any other similar structure company) is missing on the dividends. I've thought of doing an article on it, this may be the push needed for the research and (uggh) writing.
    May 13, 2013. 02:10 PM | Likes Like |Link to Comment
  • Do Not Panic Out Of American Capital Agency [View article]
    We all do. Glad to see it really, I was concerned that the market did not react last week enough, tells me something might be afoot. Back to normal this week, glad I left my stops in place, accumulating now.
    May 13, 2013. 12:02 PM | Likes Like |Link to Comment
  • The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters[View news story]
    Interestingly enough, guns, good guns, build better value over time than gold or the Dow. If you don't care one iota about shooting, they do make nice investments.
    May 8, 2013. 04:29 PM | 1 Like Like |Link to Comment
  • The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters[View news story]
    Good for them! I'm glad they stood up for what they believe in and made a statement with it. I'm glad they choose to use their own funds to make a statement. Now, the BS laws they pass and impose on everyone else is crap. I totally disagree with the ideals they have, but good on them for exercising them. Bad investment choice, but to every trade there is an equal other side, I'll buy what they are selling.
    May 8, 2013. 02:30 PM | Likes Like |Link to Comment
  • Pandora (P -4.6%) slides after releasing April audience metrics that suggest its 40-hour mobile monthly listening cap is taking a toll. Listener hour growth of 24% Y/Y (to 1.31B) represents a sharp slowdown from March's 40%, and Pandora's share of U.S. radio listening fell to 7.33% from March's 8.05% (it's up from the year-ago period's 5.95%). Active listeners totaled 70.1M, up 35% Y/Y but only 1% M/M - that last figure suggests slowing U.S. smartphone market growth and/or competition from the likes of Spotify, TuneIn, and Songza might also be having an effect. FQ1 results arrive on May 23; shares are still up 53% YTD following a well-received FQ4 report[View news story]
    It is a catch-22, no one wants to listen to ads, so as ads increase to raise funds listening hours decrease, thus ads will need to increase to make up the gap. I stopped using P due to ads, the same reason I stopped watching regular TV as well as listening to regular radio. In this day and age there are plenty of other services that fit my needs without ads for the same cost.
    May 7, 2013. 03:08 PM | Likes Like |Link to Comment
  • Pandora Radio: Stuck In The Mud Until 2015's Catalyst [View article]
    Gee....you think a raise in ads has anything to do with it?
    May 7, 2013. 02:05 PM | Likes Like |Link to Comment
  • Banks eased lending standards in April and also experienced stronger demand across several loan categories, according to the Fed's Senior Loan Officer Survey. The biggest improvement is in business loans, with the household side more mixed - just prime loans seeing easier standards and greater demand. [View news story]
    sort of, for as long as the rates have been so low it had to happen at some point. More a sign of slightly more risk taking, but to no serious revival.
    May 6, 2013. 04:31 PM | Likes Like |Link to Comment
  • Do Not Panic Out Of American Capital Agency [View article]
    Please, please, please sell all your shares, I'd just love for this to tank on me while a gather up more shares! I have buy orders in for multiple drops and hope they all come in. At current levels you are looking at a 5 year payout and the rest is clear money plus the stock and continued dividends. Of course there is risk, but compared to its contemporaries AGNC takes the cake.
    May 6, 2013. 10:45 AM | 2 Likes Like |Link to Comment
  • Pandora: Poised For Profit? [View article]
    Beyond all the issues focused here, looming are also issues of competition with far larger pockets and larger influence than P has. Not a sure thing, but I'm on the short side of P.
    May 3, 2013. 03:23 PM | 1 Like Like |Link to Comment
  • American Capital Agency (AGNC): Q1 "comprehensive" EPS of -$1.57 may not be comparable to profit estimate of $1.08. Shares -1.8% AH. (PR[View news story]
    That noise is what a lot of us make money on, market slaughters the stock price, those who know will buy up the stock and hold until the markets either returns the stock to par value or higher. My orders are already in for the morning's expected drop.
    May 2, 2013. 04:39 PM | Likes Like |Link to Comment
COMMENTS STATS
299 Comments
226 Likes