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NYCTEXASBANKER

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  • Linn Energy, LinnCo suffer third straight day of double-digit losses [View news story]
    user 40906785

    I did buy a 1000 shares and have a paper loss between 6-7k. As I said to GW it was a spec then and I would have bought a 1000 yesterday but got filled on only 1 call. I believe the chicken littles have left and the price will slowly rise over time.
    I've been trading for over 50 years so if LNCO goes down the tube so be it.
    Every trade I make I assume I could lose it all.
    Aug 4, 2015. 06:50 PM | 3 Likes Like |Link to Comment
  • Reuters: Vote on Moynihan's BofA chairmanship coming this year [View news story]
    gwynfryn

    to answer your question
    I ask you, how does an executive merit bonuses, when the division he's in charge of is losing money?

    you need to look at UK business history as they have the most experience
    in running money losing companies for decades
    Aug 4, 2015. 06:28 PM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    People who have read my posts know a lot more, you say conjecture because you have not read half my post because you have never answered the questions I asked. I bought 100 shares yesterday with a jan 4 short call. total cost with Aug and Sept dividends will be 2.80 a share.
    Like I said you did well with your paper trades. Unless you give the margin details that all it means
    Aug 4, 2015. 04:17 PM | 1 Like Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    still paper trades without margin details
    Aug 4, 2015. 04:16 PM | 2 Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    still paper
    Aug 4, 2015. 04:16 PM | 2 Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    no logic unless you give margin details
    Aug 4, 2015. 04:16 PM | 1 Like Like |Link to Comment
  • Linn Energy, LinnCo suffer third straight day of double-digit losses [View news story]
    If you're looking for high speculation you should do a buy-write in LNCO
    yesterday I bought 100shares at 3.51 and sold the Jan 4 call
    total cost 300.72, I will receive the August and September dividends of $20.84
    my final spec cost will be 279.88 or 2.80 a share.
    Aug 4, 2015. 08:22 AM | 1 Like Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    mcgonicle

    It's not illegal, in certain accounts you are subject to the wash sale rule but you obviously do know the conditions as they apply. By the way if you have multiple accounts with different brokers but they are the same registration you ARE subject to the wash sale rules.
    Aug 2, 2015. 06:58 PM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    I love to trade my own dime. I've become wealthy beyond my wildest dreams. I came from the lower middle class to now I'm in the top 5%.
    I didn't get there on my own, many people mentored me.
    if you think I'm losing so be it.
    Jul 31, 2015. 09:50 AM | 2 Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    Your lack of telling us your margin exposure make me think no real trades were done. I have the time to wait for the commodities area to reverse.
    History teachers us cycles, if Line goes under I will lose .0001% of my portfolio. If in a few years they survive I'll make a few bucks. Either way I win because I love to trade. You however need to win. Time will tell us if your a good investor or just have a few wins.
    Jul 30, 2015. 05:36 PM | Likes Like |Link to Comment
  • Linn Energy: On The Way To New 52-Week Lows? [View article]
    GW

    Back from a great time in NYC saw you covered but like always not at the price you stated.
    Jul 29, 2015. 09:59 AM | Likes Like |Link to Comment
  • Linn Energy: 50/50 Odds Of Another Distribution Cut In My View [View article]
    gw

    Didn't read this till 7/29 like I said I was going to NYC. Just shows you got lucky but since you never responded to the margin questions I assume all your statements concerned paper trades.
    Jul 29, 2015. 09:57 AM | Likes Like |Link to Comment
  • Glut of gas heading south to narrow region's price premium, analysts say [View news story]
    RUFFDOG

    Nearly 1/3 of the homes on Long Island have no nat. gas because there are no gas lines near their houses.
    Jul 23, 2015. 11:31 AM | 2 Likes Like |Link to Comment
  • No Matter How Much One Complains, Bank Of America Is Tremendous Value [View article]
    moneybag8988

    I doubt the new compliance rules sit well with the Brokerage units. I do agree that mother Merrill could be a long term asset
    Jun 26, 2015. 06:49 PM | Likes Like |Link to Comment
  • No Matter How Much One Complains, Bank Of America Is Tremendous Value [View article]
    cogitor

    Most banks use mis match system. It basic list all loans and borrowings by maturity date. To this they ad historical data (example 70% of all CD's rollover therefore you plan for a possible redemption of the 30%.)
    I agree with gwynfryn that you should read Van Deventer comments on bank of America. I partially dis agree with his conclusions however I does give you a guide
    I hope this will get you to it
    http://seekingalpha.co...
    Jun 26, 2015. 01:33 PM | 1 Like Like |Link to Comment
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