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flumeride

flumeride
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  • My First Dividend From Apple [View article]
    I have to research this. I don't understand how this works. If I sold the last share of appl the day before ex-dividend the exchange cannot lower my selling price. It may report my sale as lower for the reported closing price, but on the day of ex-dividend, the first sale of appl will be based on asking vs bidding price unless the exchange wants to pay the difference between selling price and selling price minus dividend. It sounds to me if it is just a reporting mechanism then it really is a moot point. Very weird, thanks for the response.
    Nov 20 06:04 PM | Likes Like |Link to Comment
  • Decline In Oil Prices Unlikely To Affect Linn Energy's Distribution [View article]
    The Saudi's have increased production and this is the main force driving oil prices to the $70-$80 range. Prices were lower because of oversupply including US supplies, and Libya coming back online. The Saudi's are attempting to shake out the weaker players which are dependent on prices above $80 or $90. This will hurt Russian and Chinese production before others. What the Saudi's hope is that this will cause their competition to lower production or shut down.

    The Saudi's may keep prices low for a the next year, but not much longer as they have a huge entitlement program. I think Linn can survive 2015 with lower prices. If sub $80 oil continues into 2017 I will be very concerned, but I just don't see that to be the case.
    Nov 20 03:02 PM | 2 Likes Like |Link to Comment
  • My First Dividend From Apple [View article]
    What rule is this fkitz? and what are details of this rule? I know that stocks tend to drop at the ex-dividend date because the time to pay it is at its maximum point. Also the stock price has a tendency to rise leading into the ex-dividend because the time to pay out is short.

    However, I was not aware of any law or rule that states share price must drop by the amount of the dividend. In fact I have not observed that with any of my dividend bearing equities. To my knowledge the price is determined by supply and demand. The seller has an asking price and the buyer has a bidding price.
    Nov 19 03:23 PM | Likes Like |Link to Comment
  • My First Dividend From Apple [View article]
    One thing many of us have learned the hard way is that it is more important that you don't lose money on a stock vs making money. I've had some great winners only to hold too long and end up losing money. I've bought some high yielders that crashed. I like Ford an GE, because I think they have a relative small downside risk in the long run and bought have good chance of increasing dividends.
    Nov 18 04:23 PM | 1 Like Like |Link to Comment
  • My First Dividend From Apple [View article]
    Kodak and Xerox didn't adjust well to a digital world. I consider Kodak unique in that Kodak dominated film and when digital cameras and photo printing were still emerging technologies Kodak did not adapt quickly.

    Kodak was a "first of" and industry leader in film, but the technologies for digital photography were completely different. Yes Kodak could have adapted quicker, but it was almost a fish out of water scenario. Kodak did have lots of brilliant scientists and engineers, but not in the field of digital sensors or printers. When it was time to change they also had the wrong management in place. A very sad situation.

    Xerox is a little different and the company is still trying to adjust.

    Apple has lost it's visionary in Steve Jobs, but I'm not ready to claim that Tim Cook doesn't know what he is doing. I think Apple has sometime to run, but I will intently watch all the new moves. I like the IBM venture and I also like Apple Pay. I believe Mac market share will continue to increase and I do like the share buy back. At some point the US government will change it's policy regarding repatriation of off shore dollars. I think this all bodes well for the share price. I'm not convinced the iWatch is a big deal and I don't know what will happen with a TV. I don't think either will be an industry changer like the iPod, iPad or iPhone.
    Nov 18 04:19 PM | 2 Likes Like |Link to Comment
  • My First Dividend From Apple [View article]
    Interesting that some feel they have to criticize based on the size of your holdings. I've been investing since the 80's and didn't move to dividend investing until after the bubble popped in 2001. I've had a mix of growth and dividend stocks which is migrating into almost all dividend stocks. For me appl was a growth stock that became a dividend stock, as was qcom.

    Below are some of my other holdings. I'm not recommending these for everyone as we all have our own goals and risk levels. I have looked at trying to spread my dividends so that each month I get a distribution, but generally I always go with what I feel is going to give me the best return. However, I do have a few holdings that provide monthly distributions.

    I really like a stock that I feel will not drop over the long run, yet pays a decent dividend. If the dividend grows that is a plus, not a necessity. My dividend income grows because I keep adding to my portfolio.

    So here are a some of my holdings:

    cop, psx, cqp, ge, f, qcom, vz, pht, pbi, line
    Nov 18 12:09 PM | 2 Likes Like |Link to Comment
  • Apple Should Keep Cruising [View article]
    I'm not going to write Rite-Aid, CVS, or Walmart about the flaws and security problems with MCX because I think that will become all too clear very soon. For starters, MCX has already been hacked. If these retailers actually start using MCX it will not be long before customers get hacked and their entire bank account is wiped out. At this point the law suits will get ugly, and the costs will be massive. Customers will drop MCX and "said" retailers will have to consider other options.
    Nov 10 03:39 PM | 1 Like Like |Link to Comment
  • Apple Pay Hoopla Shows We Have Hit Peak Apple [View article]
    gpalermo64,

    You hit the nail on the head. You have a great point with your last paragraph. One of the smartest concepts about investing and mentioned in SA.

    "Another thing I have learned which is stop trying to figure out why people are not like you, just learn to capitalize off the things they do,"

    Brilliant!
    Oct 22 02:18 PM | Likes Like |Link to Comment
  • Linn Energy: Portfolio Upgrades Bring A Distribution Increase Closer To Reality [View article]
    I knew Saudi oil was cheap, but I had no idea it was that cheap!!
    Oct 15 12:36 PM | Likes Like |Link to Comment
  • Linn Energy: Portfolio Upgrades Bring A Distribution Increase Closer To Reality [View article]
    The Saudis do need a lot of cash to finance their entitlements. However, if they allow the current glut to continue they may not be the dominant player. The US already has surpassed Saudi production. If the Saudis raise production thus lowering the cost then other suppliers will cut back on production. However, to really squash competition the Saudis may have to drive the price down below $80 for 6 to 12 months.
    Oct 15 05:48 AM | Likes Like |Link to Comment
  • Linn Energy: Portfolio Upgrades Bring A Distribution Increase Closer To Reality [View article]
    Jed Fan,
    Oil prices have been dropping lately because of oversupply. Currently the US is the worlds number 1 producer. However, the cost of extracting shale oil in the US and tar sand oil in Canada is much higher than the cost for the Saudis.

    The Saudi oil fields are like a giant "swiss cheese" shaped rock, and the quality is great in that it doesn't contain large amounts of sulfur. So the Saudi oil flows easier and requires less refining. When the price of oil drops to around 80 it has a much greater impact on the profits of American, Canadian oil (as well as most oil producing areas outside the mideast).

    The Saudis know that if they step up production which will drop the price of oil, then the competition will cut back on production. This allows the Saudis to remain the dominant supplier.

    Do a little more research and you will find this to be true.
    Oct 15 05:40 AM | Likes Like |Link to Comment
  • The Linn Energy Upstream MLP Model May No Longer Be Working [View article]
    smurf -- Are you saying that Linn has no known earnings from operations? That Linn does not have any properties producing oil, gas, or gas liquids? That Linn is cash flow negative with hundreds of wells?
    Oct 6 04:36 AM | Likes Like |Link to Comment
  • The Linn Energy Upstream MLP Model May No Longer Be Working [View article]
    Thanks Chancer.
    Oct 5 09:19 PM | Likes Like |Link to Comment
  • It's Time To Consider ConocoPhillips Again [View article]
    I already own a nice pile of COP, but I could add more anywhere below $80. What I did was sell naked Oct 8/$74.50 puts at just over $1. I hope they get executed. If they don't get executed I just made $1 per share. I'm good with that too.
    Oct 3 06:18 PM | 1 Like Like |Link to Comment
  • The Linn Energy Upstream MLP Model May No Longer Be Working [View article]
    Bruce my understanding of a MLP is that the partnership is required to return the lions' share of profits to unit holders. Therefor Linn cannot stash significant cash for future purchases. To acquire new properties the MLP must issue new units or come up with some creative financing such as selling a property with low cash flow and then buy a property that better fits the needs of the partnership. The properties Linn has sold are generally undeveloped properties with high up front expenditures, but contain substantial reserves. Linn is in turn buying developed properties that are currently bringing is cash, that have low decline rates.

    It seems to me that E&P MLPs will constantly buy and sell property. The hedging was a very successful business model that guaranteed a base level income. Linn continues to hedge, but not to the degree or in the same manner that it has in the past. As long as the current properties continue to cover the DCF the distribution will remain steady.
    Oct 3 06:07 PM | 3 Likes Like |Link to Comment
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