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  • Linn Energy: The Distribution Could Be Heading Lower [View article]
    Ritered one I like you am retired. I do not short trade. Never have. It was my honest considered opinion. Looks Like LINE decided to exploit their hedges and prop up their shares. But please read the Oil Guru's again today they are all Predicting Oil to slide back down, the glut to continue with Iran a likely player soon. As of the writing of my comments I held no position and had no intention of initiating one. I still don't as I see Oil sector as still very volatile and the Middle East as a dangerous place to be or to be invested in at this time.

    I would revise my statements only to the degree that I would say this sector is to be Traded not invested in at this time. Since you can afford 16000 shares I would suggest you buy on the Dips and Sell at a predetermined mark-up with a tight stop-loss in place. But that is your call to make. As for me, as much as I'd like to play I'm going to stay on the sidelines for the time being. I do agree that Oil will rise to never $65 by EOY it's just how much aggravation do I have to put up with in the meantime. I can make the same returns with less Volatility elsewhere and I will.

    Personally I was and will continue to be looking to make a Good Long Term Investment in a quality MLP as prices fluctuate to the downside.

    LNCO and LINE both Lost Money and had weak Qtr's
    Net loss of approximately $339 million, or $1.03 per unit, for the first quarter 2015 -lnco and this after utilizing their hedges to save their backsides. The tensions in the ME are the cause for increased Prices be careful out there.
    LINE 07:07 AM EDT, 04/29/2015 (MT Newswires) -- Linn Energy ( LINE) , an oil & gas exploration and production company, reported a quarterly loss per share that was wider than the same period a year ago and wider than expected by analysts.

    overall analysts opinions continue to be very bearish.
    Lastly still having a heck of a time finding their current BV and how it compares to the EOY 14. Must be a reason why its so difficult to find/determine.
    May 1, 2015. 01:48 PM | Likes Like |Link to Comment
  • Annaly - Portfolio Rehab, Step 1: Don't Chase Yield (Sorry Wellington, It's Over Between Us) [View article]
    I think most if not all here can sympathize with you. We've all made some Bad Choices (since hindsight is always 20/20) over the years. Sometimes the reasons were all good but an unforeseeable surprise rears its ugly head and Bam! We are knocked down for an 8 count. sometimes we just Fail to Bail on an investment and have to take the hit.. Don't beat yourself up too badly though. It happens to all of us. One has to discover his/her level of risk tolerance as well as developing a feel for the particular sector. Education doesn't come cheap, esp. in the Market.

    Luckily for you your have a longer time horizon than many of us. So hopefully you can and will recoup.
    May 1, 2015. 01:35 PM | 3 Likes Like |Link to Comment
  • A Shocking Dividend Cut At American Capital Agency [View article]
    Let's be Honest Folks 2015 has been a rough year so far to any and all interest sensitive stocks and bonds. FED keeps playing games and the Big Players just crush us little guys. Look for those BDCs and MLPs to take some Hits in the near term also.
    Apr 28, 2015. 12:32 PM | 1 Like Like |Link to Comment
  • Assessing American Capital Agency's Results For Q1 2015 [View article]
    TY Scott. another great performance prediction for you.
    I was wondering if you have any thoughts on NYMT which I'm Long and holding.
    Apr 28, 2015. 12:26 PM | 3 Likes Like |Link to Comment
  • Linn Energy: The Distribution Could Be Heading Lower [View article]
    Yup RIP, a lot of MLPs will be revising earnings and NAV down on Earnings Day. Dividend reductions will be right behind that.
    Apr 28, 2015. 10:57 AM | Likes Like |Link to Comment
  • Making Sense Of First Niagara [View article]
    Sell and take your profits. Look to buy back around $8 or less. Management is still clueless and inept. There are better places to park your cash and get better ROR too. Even T and Vn will do more for you than FNFG will. I have and will continue to "Trade" FNFG. I would not be a long term holder. 2015 is going to be a rough year all around.
    Apr 28, 2015. 10:54 AM | Likes Like |Link to Comment
  • October 15th Bond Market Crash Explained [View article]
    So which Big Bank/Institution Traders were responsible for Oct 14 and Apr 15?
    I tried finding out from my Broker and from the effected Companies themselves. They all Plead the 5th and said they didn't know anything. Yet these financial trades are all a matter of record. The SEC has done nothing and continues to ignore complaints from Bond Holders. I guess I'd like to know who is attempting to manipulate the mkts and why.
    Apr 27, 2015. 01:09 PM | Likes Like |Link to Comment
  • First Niagara Financial: Q1 Calls Into Question The Turnaround Story [View article]
    I have to agree with "linkdon" above. Management has been ineffective at righting the Ship the past couple years. I also agree with the author as this is a Stock that needs to be Managed actively. I would look to sell (if I was currently Holding) and but back under $8. That is how I have traded this stock the past two years and I've made over 20% on my money during that time. FNFG still has a long ways to go to be a big-time player and they aren't going to do it with this leadership team. The Institutional Investors may be able to make their clients happy with this ROR but I suspect another Qtr like this and the Dividend will face some severe downward pressure. That is when the stock will tumble into the $7 dollar range and once again be a Buy.
    Apr 27, 2015. 11:30 AM | Likes Like |Link to Comment
  • Prospect Capital's Fiscal Q3 2015 NII And NAV Projection [View article]
    TY Scott for your thoughtful reflections and observations and predictions regarding PSEC (& PYLD). Still Long, just collected another Divy ck this week. Holding for now. I expect that their Oil Holdings/interests will appear to be doing a little better but Oil is still Volatile, It would seem that the Oil Holdings may have seen the worst of it but the MLP sector has yet to report and those results wouldn't show up in PSECs 3rd Q statements. long PSEC Holding. Regards
    Apr 24, 2015. 10:53 AM | 3 Likes Like |Link to Comment
  • Prospect Capital Corp.'s Dividend And NAV Sustainability Analysis (Post Fiscal Q2 2015 Earnings) - Part 1 [View article]
    As always, just another reason to be glad that we have you on the Job looking out for us Scott. ;)
    Apr 23, 2015. 11:07 AM | 3 Likes Like |Link to Comment
  • Social Security And Portfolio Withdrawals: It's Complicated [View article]
    One might be wise to actually look at or run their own actuarial tables on your life expectancy. Amongst some Blacks life expectancy is low so taking it early should be a given. I ran mine (based on my own personal Health background and current issues and found that the "Break even Point" was right about the time I'm expected to die. Most of 'Our' Retirement Funds are in IRAs with some in a roth and regular accounts. Thus for me to take the money Early and ensure that my Wife has a basis upon which she can collect from me while delaying her Retirement Draw down date makes good sense.

    Anytime you have outstanding debt at retirement it will be a burden upon you. so if you can pay down or off your debt, just a personal observation. Seriously Folks, Rates are at all time lows, refi and lock in these lower rates while you still can. We just did. Next. Have a Will, a good Executor and if you have a significant amount of money and assets perhaps a trust or two. Seek out a good Lawyer and a good advisor, BUT you make the choices after doing your own due diligence.

    Lastly cultivate good Family Relations between you and the Kids and between the kids themselves. Nothing is worth more than the Love of your Family. You owe your Children nothing. You gave them Life, supported, taught and helped them throughout their lives. Hopefully, you managed to inculcate in them that same sense of self-worth and love that you have. If you have they don't need your Money nor do they likely want it.So do with it whatever your Head and heart tells you to do. Afterall it truly is your Money and you do have the right to determine how and where, etc. it goes oris spent after you pass-away.
    Apr 22, 2015. 04:02 PM | 2 Likes Like |Link to Comment
  • 3 Ways For Prospect Capital To Create Value For Shareholders, Instantly [View article]
    The Best thing that PSEC Management good do to boost Stock Price and likely NAV is to take a good size reduction in their management fees. That would send a Very Strong Message to shareholders and prospective shareholders that Management had heard their concerns and is willing to do something positive to address them. Lower Overhead costs would go a long way to making this stock look good again. Couple that with one or two of the suggestions above and you're looking at a Real Winner again.
    Apr 15, 2015. 09:03 AM | 12 Likes Like |Link to Comment
  • American Capital Agency's Q1 2015 Income Statement Projection - Part 2 [View article]
    what a busy beaver you've been. a real in-depth and comprehensive job.
    Apr 13, 2015. 12:37 PM | 4 Likes Like |Link to Comment
  • AT&T Tests Pricing Tiers, Avoids Buying Content [View article]
    Dana I've been in the tele/datacom industry for over 45 years. I think I know a little more about T and the industry in general than you. I know about T's Union issues, its Pension Funding issues, the costs of trying to get there Presence in Latin America up to the next level. They face several years of flat-line, narrow range trading. I've dealt with the issues before on T and will not rehash all their issues again. If you want to hold a decent Bond like stock for the next 5+ years that's fine. the 5+% divy is fine. But if you are expecting any Growth then you're deluding yourself. Now show me where anything I've stated is in error.
    T does need to Finance it's recent spectrum purchases and the Build-outs that will be required to bring them on-line not to mention the costs of the Latin America Strategy. Such Financing will impact the bottom-line and eat into earnings esp. in the near to mid term.
    Apr 8, 2015. 12:22 PM | 1 Like Like |Link to Comment
  • AT&T Tests Pricing Tiers, Avoids Buying Content [View article]
    T needs Money. I have been saying this for some time now. They have Debt and those Build-outs aren't cheap. T will continue to ph-over their customer base and push for higher charges and more restrictive usage plans.
    Apr 7, 2015. 12:22 PM | Likes Like |Link to Comment