Seeking Alpha

NYCTEXASBANKER

NYCTEXASBANKER
Send Message
View as an RSS Feed
View NYCTEXASBANKER's Comments BY TICKER:
Latest  |  Highest rated
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    pappajoe79

    I don't know about Kirby but Gene Wiley has been caught being dishonest with his post. During the month of May 2,495,916 share of LINE were bought back by the shorts between 4/30/15 and 5/29/15.

    http://bit.ly/16KlWiM
    Jun 22, 2015. 04:19 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    rlp2451

    you might get a reasonable answer from someone if you could predict oil production over the amount tied to hedges
    Jun 22, 2015. 04:15 PM | Likes Like |Link to Comment
  • What Is General Electric's Industrial Moat? [View article]
    kdt34wqx

    You continue to make the same incorrect statements you have for years.
    Yes, giving up GE capital endangers the dividend. GE has the potential to increase it's profit by expanding it's industrial base. I am no fan of Immelt
    and voted against him since 2003. I don't know how much of GE capital will be kept to finance just the industrial side. Should it all go the $1.20 profit mentioned by Tim can not support the 92 cent dividend without some revamping.
    Jun 22, 2015. 01:03 PM | 2 Likes Like |Link to Comment
  • Bank Stock Prices And Higher Interest Rates: Lessons From Bank Of America 1974 [View article]
    INVESTING REVEALED

    Those are the stock prices based on stock splits so you need to calculate the number of shares since may of 86. I'll try to get that number tonight
    Jun 21, 2015. 03:59 PM | 1 Like Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    GW

    Go look at Nasdaq No report of any shorts made for LINE
    Jun 20, 2015. 09:19 PM | Likes Like |Link to Comment
  • Bank Stock Prices And Higher Interest Rates: Lessons From Bank Of America 1974 [View article]
    Donald R. van Deventer

    Thank you very much for the article and the graphs it brings back memories. Some of the calculations you might say were done by hand in the very old days.
    One of my problems is that the FED has never unwound such a large position. I also wonder about Bank of America, back in the early 70's. It was basically California bound and highly subject to oil & gas prices so the California economy
    took a big hit from the embargo of 1973.
    Jun 20, 2015. 04:56 PM | 3 Likes Like |Link to Comment
  • Rebuttal: Bank Of America Offers A Lot Of Value To Investors [View article]
    gary schurman

    When did the FED guarantee deposits?

    It's implied by the too big to fail rule

    and some deposits are covered by FDIC but I confused by your statement.
    Jun 20, 2015. 03:27 PM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    GW

    Yes, he exposed that you lied on several post.

    How does that look now? Like your still dishonest because you could answer the margin and tax question.
    Jun 20, 2015. 03:03 PM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    yes, you are funnier and I'm more disciplined and that's why they gave me the big bucks all those years.
    Jun 20, 2015. 02:05 PM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    If, I was asked to use one word to describe all of your postings. That would be the one I would use.
    Jun 20, 2015. 08:52 AM | 2 Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    GW

    You showed me nothing, what you showed me is a person who "claims" to have shorted securities after the fact but does not know anything about the margin requirements. Someday you will understand percentages and how to apply it when trading securities whether long or short. Not knowing your exposure to LINE partnership status and the tax consequence that you were required to file last April for any trade made before Dec 31,2014. Not knowing the constructive receipt rules of the IRS is also funny but that's not my problem
    Jun 19, 2015. 08:44 PM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    GW

    You dodge every question about margin therefore I assume you have not really shorted any security. you have been proven to be dishonest so that's the only logical assumption. You also don't understand percentages nor the v like mathematics that occurs when shorting a dividend paying stock.
    Maybe you should send a message to mc gonicle as he made a post that he couldn't back up. Everyone reading the post will know why giorgiolb showed your dishonesty
    Jun 19, 2015. 07:10 PM | 1 Like Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    You should re read my post, your cherry picking stocks to start and who cares about the 30 you could name
    You refuse to answer the margin questions . We can assume a normal short is only covered by 50 % margin so your short of 1000 shares would cause a
    smv of 10500 EQ by you 5250 and cr of 17750

    you double the smv to 21000 minus cr of 17750 equal debit balance of 3250
    at 8% margin rate . So your burn rate due to margin 21.67 a month

    So unless you put up more equity you need every month need to pay into the account $125 or increase the debit balance.

    The longer the stock stays within a small range time is not on your side.

    did you notice
    gw

    mc gonicle proved nothing as he has not responded to my questions

    so now you can answer what money did you put up against the short initially?

    try reading FRB reg T if you need a reference. 3 Jun, 04:01 PM
    Jun 19, 2015. 02:53 PM | 1 Like Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    Lets see every month you are short you lose 1% via dividend pay
    Every month I hold the stock I gain 2%
    1% from dividend and 1% from the short call premium.
    So if LNCO does not move very much by the end of the year
    I will make nearly 20% on my investment and you will have lost 10% on div pay out.
    Should the dividend cut come or prices of oil and gas continue to fall I could lose a nice chunk of change.
    If however prices stabilize or rise you loss increases exponentially.

    Another factor should I gain, all profits are tax free.
    Since you have never acknowledged you margin cost or what type of account
    for tax purposes it's in, plus a k1 is involved it's hard to calculate your p+l
    Jun 19, 2015. 02:12 PM | 1 Like Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    ok, small bio. Worked p/t after school for Chase while in High School. Drafted out of college. Trained to be Medic and later was volunteer EMT. Never returned to college because of family health reasons. Worked in International Banking until forced to retire because of malignant cancer. Several years later joined US Treasury and retired on 62 birthday. I volunteer to help families understand investing and using the tax code to keep more of their funds.
    Had great mentors over the years who taught me how to trade for my own account.
    Jun 19, 2015. 10:32 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
2,984 Comments
2,153 Likes