Seeking Alpha

tstreet

tstreet
Send Message
View as an RSS Feed
View tstreet's Comments BY TICKER:
Latest  |  Highest rated
  • Is Saudi Arabia Targeting U.S. Shales? [View article]
    I think this whole issue can be framed in a different way without getting into all of this political speculation about geopolitical motives. If I was Saudi Arabia, and I was a rational economic agent, how would I behave in the current situation? And what advantage would there be to the Saudis by reducing their output while everyone else is maintaining or increasing their output. They may have made a calculation that the short term decrease in revenues outweighs the total loss in revenues attributable to those barrels that are not produced. The fact is they can outlast the vast majority of shale oil producers based on their cost structure. Are they supposed to decrease their production to maintain the health of the U.S. oil industry?
    Dec 27, 2014. 11:54 AM | 3 Likes Like |Link to Comment
  • How Much Does It Cost To Produce One Barrel Of Oil? (Tight Oil, Part III) [View article]
    But is there anything wrong with this analysis?
    Dec 25, 2014. 02:57 PM | 1 Like Like |Link to Comment
  • ARMOUR Residential REIT: A 20% Dividend Cut Just In Time For The Holidays [View article]
    Got out today although I am still puzzled by the fact that ARR has not gone down that much since the dividend announcement.
    Dec 24, 2014. 06:06 PM | 1 Like Like |Link to Comment
  • Update: My Reaction To ARMOUR Residential REIT's Dividend Cut [View article]
    Ignore this comment. Not applicable.
    Dec 23, 2014. 02:07 PM | Likes Like |Link to Comment
  • Update: My Reaction To ARMOUR Residential REIT's Dividend Cut [View article]
    Interesting that the preferred A is up. Is it likely the preferred dividend will be cut as well?
    Dec 23, 2014. 01:33 PM | Likes Like |Link to Comment
  • Update: My Reaction To ARMOUR Residential REIT's Dividend Cut [View article]
    The good news is that this cut happened just as I was about to buy some more ARR. Actually, I am surprised it is down so little today all things considered, including the high GDP increase numbers.
    Dec 23, 2014. 01:07 PM | 1 Like Like |Link to Comment
  • 12% Dividend American Capital Agency Already Has A $0.20 Book Value Gain In Q4 2014 [View article]
    With all due respect, you said buying other companies was a bad move. So, there must have been some fact that led you to that opinion. Anyway, one can always find analysts on both sides of the whole rates issue, including right now. My opinion is that rates will be raised by late 2015 but intervening events could always change that. The truth is nobody knows.
    Dec 23, 2014. 12:50 PM | 1 Like Like |Link to Comment
  • 12% Dividend American Capital Agency Already Has A $0.20 Book Value Gain In Q4 2014 [View article]
    Hindsight, of course, is 20/20. Not sure that buying other companies was a bad move either. Evidence?
    Dec 23, 2014. 11:15 AM | Likes Like |Link to Comment
  • 12% Dividend American Capital Agency Already Has A $0.20 Book Value Gain In Q4 2014 [View article]
    Please tell me where I can get CD rates that high. I have some spare cash lying around that could use some love.
    Dec 22, 2014. 04:07 PM | Likes Like |Link to Comment
  • 12% Dividend American Capital Agency Already Has A $0.20 Book Value Gain In Q4 2014 [View article]
    David. Are you talking about long term, the Fed Funds rate or both?
    Dec 22, 2014. 11:47 AM | Likes Like |Link to Comment
  • 12% Dividend American Capital Agency Already Has A $0.20 Book Value Gain In Q4 2014 [View article]
    Short terms rates will go up some time in 2015 unless something very negative happens to the U.S. economy. I assume this will reduce spread income unless long term rates go up in the same amount or greater. This could happen but this would also reduce book value. So, it seems like we are between a rock and a hard place.

    It seems like you have been recommending a buy for months in part based upon the discount to book value, stating that this gives the stock upside. And yet the stock has been flat for the last three months and negative for the last six months. So, it doesn't appear that the discount to book value is having a positive effect. What is it about the future that would make on think this is going to change?

    Dec 22, 2014. 10:26 AM | Likes Like |Link to Comment
  • Update: My Reaction To Western Asset Mortgage's Dividend Announcement [View article]
    I appreciate your optimism about a payout but don't see anything in your article that would indicate that the funds are available to make such a payout. Further, the book value with latest dividend puts it well below the current stock price. Therefore, I do not understand your confidence going forward.
    Dec 22, 2014. 10:01 AM | Likes Like |Link to Comment
  • Western Asset Mortgage Capital: Dividend Coming From Best-In-Class mREIT [View article]
    Just declared 70 cents. No catch up. Or could that come later?
    Dec 18, 2014. 04:27 PM | 1 Like Like |Link to Comment
  • Oil: Why Do We Turn Good News Into Bad? [View article]
    I don't see these decreases in oil prices as good for solar even though there is not competition between the two. The feeling that there is abundance in fossil fuels for as long as the eye can see will give less impetus to seeking alternatives. Yes, that is focusing on the weather and not the climate but I think that is the way it is. This is also encouraging the sale of big trucks and SUVs.
    Dec 18, 2014. 02:19 PM | 2 Likes Like |Link to Comment
  • 19% Dividend Western Asset Mortgage Capital Is In Line For A Big Increase In Book Value In Q4 [View article]
    The decrease in the price of oil has raised havoc with the MREITs lately. While this may help rates stay low I am not sure whether or not that will prevent a decline in their stock value. You, I assume, are referring at least indirectly to MBS rates. However, if the Fed funds rate increases, then this will reduce the spread. Unless a drastic change occurs, we should see an increase by mid to late 2015.
    Dec 17, 2014. 10:17 PM | 1 Like Like |Link to Comment
COMMENTS STATS
746 Comments
943 Likes