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  • J.C. Penney: Is The End Near? [View article]
    None of the directors have any experience selling fashion or running dept stores, directors are clueless. Take a look at the director's resumes. Selling radio Shack junk or tooth paste is not the same as selling cloth or run retail stores. Unless they change the board, there is no hope, and board will not fire themselves.

    Johnson did well elsewhere because he was part of Target team and Steve Jobs, he carried out the bosses' wishes well, but he was not the brain. Not to mention he had no dept. stores or fashion experience.
    Apr 10, 2013. 01:44 PM | Likes Like |Link to Comment
  • J.C. Penney's Desperate Decision [View article]
    JCP is mainly a clothing retailer, there is no one on the board with any clothing retail experience, a highly specialized trade. Selling tooth paste is not the same. There is no one on the board with any experience selling fashion or running dept stores.

    Johnson may did well elsewhere, maybe the reason was Steve Jobs, or the Target bosses or team, Johnson was part of a team there, he carried out the boss's wishes and team's plan, he was not the brain. They did not know that, we all know that now. My company has done great in our trade, but if you take my general manager away to run a competitor's company, result would not be the same, guaranteed.
    Apr 10, 2013. 01:39 PM | 1 Like Like |Link to Comment
  • J.C. Penney's Desperate Decision [View article]
    Maybe the board should fire themselves too, they were the cause for the problems.
    Apr 9, 2013. 02:57 AM | 5 Likes Like |Link to Comment
  • The 'De-Bestbuyification' Of Consumer Electronics [View article]
    I have 2 sons, early 20s, one is a young Marine Corp officer, our gadget boy who always have the latest gadgets, electronics or guns, neither of them have been to Best Buy for years, phones and laptops, they buy in Apple store or online, Best Buy does not have anything they "want."

    My current laptop, 8th laptoop for me, I bought online. I did visit BBY, nothing special or unique regardless of price.
    Apr 7, 2013. 04:32 PM | Likes Like |Link to Comment
  • The 'De-Bestbuyification' Of Consumer Electronics [View article]
    I cannot predict future, I am just an average person going along the flow. I found out AFTERWARD whatever NEW THINGS I have been doing, everybody else have been doing the same NEW things.

    I bought my sons sports cars when they reached 16, felt guilty, but I later read in Newsweek, the baby boomers did the same for their kids. I switched to CEFs 10 years ago, I found out later many investors did the same about the same time frame. I think there is no electronic toys to buy, I read in Business Week that is the problem for all electronic makers, no significant new toys.

    Baby boomers reach varies stages in their lives, change what they do, new ways, new concepts and new ideas, it turned out everybody do the same. I am just one in tens of millions of baby boomers.
    Apr 7, 2013. 03:59 PM | Likes Like |Link to Comment
  • The 'De-Bestbuyification' Of Consumer Electronics [View article]
    Maybe the problem is people don't buy as many of these gadgets anymore, TVs are cheaper and last forever, how many do you need? with cable, each additional TV costs monthly fees, so you can't have 7 TVs around the house anymore. laptops from Lenova or HP etc. are selling less and less, you buy phones from phone carriers. I always look at Sunday BBY ads, but there is nothing new, nothing to buy and nothing I need. I have money to buy and I want to buy but nothing new to buy.

    I am the trend, everything I do, I later read in national press or magazines that is what everybody else is doing.
    Apr 4, 2013. 06:40 PM | Likes Like |Link to Comment
  • 3 Low-Risk, High Dividend Stocks To Buy Now [View article]
    I have CIK since Dec 2011, it has a stable price with a modest price gain, no big surprise. It has consistently paid 7%-8% div. A comfortable free range cow that produces milk.

    ARR is a different story, it turned out to be a highly volatile stock, with a repeated reduced div and downward prices. The high div % is all eaten away by the price drop. This is not a carefree free range stock, this one is a diva or a Fiat that needs constant attention with a lean that feels like it is falling off a cliff. There is no shortage of praises for ARR on SA, which unfortunately were all wrong.
    Mar 26, 2013. 08:12 PM | Likes Like |Link to Comment
  • Undervalued, 13.2% Dividend Payer Armour Residential REIT May Be Due For A Rebound [View article]
    Companies cut div when they have no choice, they know the consequence, in this case, stock price drops. When they repeatedly cut div. and price drops again, again because they have no choice. Sometimes people say it is good when a company cuts div, that shows the management is being responsible, and from now on it will be good. I don't agree, when the cut is done repeatedly, the company is sliding down the hill.
    Mar 21, 2013. 03:02 AM | Likes Like |Link to Comment
  • Undervalued, 13.2% Dividend Payer Armour Residential REIT May Be Due For A Rebound [View article]
    If someone inside is holding $11.2mm of stock, that does not mean he paid what we paid, and there must be many other insider compensations, so the math is very different.

    It may mean the company is not going under, but then again, Enron insiders held a lot of the stocks too, as well as Pan Am insiders did. It used to give me some comfort, if he has it, that means it is okay; NO, I don't care if he loses his shirts and pants or $50 million, I only worry about my tiny pot, that is all I care.
    Mar 19, 2013. 10:34 PM | Likes Like |Link to Comment
  • Undervalued, 13.2% Dividend Payer Armour Residential REIT May Be Due For A Rebound [View article]
    $280K is not a significant CEO insider position by any measure, that is like $280 for a retail investor.
    Mar 17, 2013. 03:14 PM | Likes Like |Link to Comment
  • Undervalued, 13.2% Dividend Payer Armour Residential REIT May Be Due For A Rebound [View article]
    If ARR holds at current price for 3 months, with 11,700 shares, I'll get $819 a month of div. in 3 months, that will cover my losses, this happened a few times ever since ARR started to cut div. I hold for long term, don't mind the dips, but what worrisome is ARR's consistent div cut, whch will only translate continue price drops. If ARR cuts to 6 cents 3 months later, price will drop to $5 range, that is when the pain sets in. I have a feeling ARR will drop div again 3 months later.

    There are many better choices, RSO, NYMT, TWO, etc...I have them, I will get my div for 2-3 months to cover losses, then move to others.
    Mar 17, 2013. 01:04 PM | Likes Like |Link to Comment
  • Avoid Armour Residential [View article]
    52 weeks low is $5.70, so it was and can get that low. Your cost is important, I have 11,700 shares, bought at varies point, ave cost is above $7. Despite the $6,000 div received, I have a $3K+ net loss. that can be covered by 3-4 months of div, only if the current price holds. I try to hold maximum $100K in each position, so I still have $20K max in ARR to play, it drops to $5.50-$5.70, but I may not have the nerve to add more if it gets that low.

    I don't trade, but I noticed ARR is a good trading stock, buy low sell high, it has good movements to make money.
    Mar 15, 2013. 06:57 PM | Likes Like |Link to Comment
  • Avoid Armour Residential [View article]
    I will be watching ARR to sell my 11,700 shares. Received $6,500 div, but lost $8,900 on price. The high div % is an illusion. There are many other more reliable mREITs with high div %.
    Mar 14, 2013. 12:10 PM | 3 Likes Like |Link to Comment
  • J.C. Penney: Is The End Near? [View article]
    Dreamworld, thanks for your insider info/review, there is no need to talk big strategies when there is no execution or management. To a businessman, it is scary to read your report, worst nightmare for any business, JCP is doomed. You helped me to decide not to invest in JCP.
    Mar 14, 2013. 03:33 AM | 1 Like Like |Link to Comment
  • Which Financial Dividends Are Best This Week? [View article]
    What is the difference between KFN and KKR?
    KFN=KKR Financial Holdings LLC
    KKR=KKR & Co. L.P. Kohlberg Kravis Roberts, this is the famous one, is there any relationship between these 2? Is KKR parent of KFN? what differences?
    Mar 11, 2013. 11:29 AM | Likes Like |Link to Comment
COMMENTS STATS
139 Comments
142 Likes