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Mad Mary

Mad Mary
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  • Investor's Remorse [View article]
    Excellent article as always. You might want to think about adding EMR to your list of stocks going X-dividend next week. It shows similar characteristics to DD with its recent dive. I don't know about the short term options, but the mid-term ones look pretty good.

    Aug 9 02:30 PM | Likes Like |Link to Comment
  • Beware The Hand Of Government [View article]
    Hi George,

    Enjoyed your column as always. Noted that you are thinking of HFC to take advantage of the drop in the refiners (unjustified in my opinion). Any thoughts on competitors VLO and MPC both with high betas and earnings due later in July? I don't follow the weeklies, but the 1 to 3 month range looks promising.

    Jun 29 02:51 PM | Likes Like |Link to Comment
  • Expect The Unexpected [View article]
    The virus has the almost unpronounceable name Chikungunya and as Pantherdoc has said its on the move. Its spread by a type of mosquito which is found in the US as far north as Missouri. Apparently its like flu on steroids - extreme fever, muscle ache and joint pain. In the poorer regions, in which it is currently found, it kills about 1 in 1,000. No immunization or other treatment is currently available.
    Apr 22 11:52 AM | Likes Like |Link to Comment
  • Volatility... It's Back [View article]
    Really enjoy your articles. The intro's are always entertianing as well as informative. Even though I prefer selling calls in the 2-4 month range, I frequently find that your recommendations work well for my time frame. Recently I've noticed that Seagate (STX) doesn't appear nearly as frequently as it once did in your recommended lists. I made a nice profit from combined options and capital gains when it was trading in the 30's and 40s's. Is there a reason why its fallen out of favor? 

    Apr 14 05:57 PM | Likes Like |Link to Comment
  • Main Street Capital Makes A Move [View article]
    "We've recently NAILED our 2014 proxy to our shareholders..."

    Apr 12 01:16 PM | Likes Like |Link to Comment
  • Requiem For Fallen Dividend Aristocrats [View article]
    Several posters have asked what happened to the dividends of those aristocrats that cut their dividends but eventually recovered price. Others have provided examples. Here's mine.

    In my regular IRA I bought 300 USB for $33/share in mid-2007. At that point it paid a dividend of $.40 per quarter. Shortly after it increased the dividend to $.425 where it stayed for several quarters. Then it, along with just about every other large bank, was dragged kicking and screaming its innocence to the TARP chopping block. At the Feds insistence, its dividend was reduced to $.05 where it stayed for two years. In early March 2009 the stock bottomed out and I transferred my shares to a Roth IRA at $9/share (and paid the taxes on the lower basis). Since then, the stock has climbed steadily and closed last Friday at $42.30 per share.

    Its dividend however has not fared as well. USB has slowly increased it under the Feds close supervision and is now at $.23 per quarter, a little more than half its pre-TARP high. I expect it will slowly increase from here but am doubtful it will reach its pre-TARP high anytime soon.
    Mar 31 11:55 AM | 2 Likes Like |Link to Comment
  • Is ConocoPhillips A Good Stock To Buy Over Devon Energy? [View article]
    Ernie Mac
    One of the great things about options is the wide variety of strategies and trades available to investors. One can find trades for the risk adverse to the outright gambler, durations from a week to years, and simple to very complex. Unfortunately my online brokerage only allows covered calls in IRA accounts (where I hold DVN) so my strategies are limited. So far I'm happy with a 10% annual yield from covered calls on top of dividends and capital gains. Hope your trade works - looks to be a bumpy summer.

    Mar 25 01:21 PM | 1 Like Like |Link to Comment
  • Is ConocoPhillips A Good Stock To Buy Over Devon Energy? [View article]
    Very interesting article. I own both COP and DVN and am pleased with both. This suggestion is not for all investors, but for those that are comfortable writing covered calls, Devon's 1.70 Beta offers better yield opportunities than Conoco's .85.
    Mar 24 01:03 PM | Likes Like |Link to Comment
  • Simple Rules That Work In BDC Investing [View article]
    Be Here Now and Factoids, Thanks for the informative answers to my taxation question. Have some available cash in my Roth and BDCs look to be a useful place to invest it for the next 5 years or so. Time to do more research.
    Jan 10 12:38 PM | Likes Like |Link to Comment
  • Simple Rules That Work In BDC Investing [View article]
    This was a very interesting article for someone new to BDC investing. Can anyone tell me the tax implications? Specifically do these generate K1s (like MLPs) or 1099s? Also if the investment is in an IRA (Roth or Regular) is it potentially subject to the UBTI tax like MLPs? Any insight would be greatly appreciated.
    Jan 9 11:53 AM | Likes Like |Link to Comment
  • Transitioned To A Dividend-Growth Portfolio [View article]
    Love your approach to investing. In looking at your portfolio and watch list, you seem to be a bit light on true industrials. CNI and TGH are 1-off industrial plays while F is as much consumer discretionary as industrial. Perhaps you should add a couple of quality heavy industrials such as Emerson (EMR) or Eaton (ETN) to your watch list. They are currently at the top of their ranges but tend to periodically go 'on sale' due to the normal business cycle. Also with your emphasis on the Canadian economy, I don't see any Ag plays. Potash (POT) might be an interesting addition.
    Jul 12 09:48 AM | Likes Like |Link to Comment
  • Beating A Dead Horse To Life [View article]
    George, always enjoy your columns and your perspective on options investments. With respect to Darden (DRI), they recently purchased a small restaurant chain called The Yard House. Its kind of an upscale beer pub with lots of regional beers on tap such as Kona Brewery in Hawaii. Since there are currently less than 50 locations, mostly in the W & SW part of the country, there's plenty of room for expansion to other regions. I've been to the one in Las Vegas several times and its always packed. If they can buy more small chains such as this and the Seasons 52 that you described I think they have a bright future.
    Jun 29 03:17 PM | 1 Like Like |Link to Comment
  • These Mining Stocks Are Too Cheap To Ignore [View article]
    Just a minor word of caution on GDX and GDXJ. Both pay annual dividends that are highly volatile. Based on Yahoo's dividend history feature, over the last 3 years GDXJ has paid $2.929 (2010), $1.212 (2011) and $.75 (2012). Over the same period GDX paid $.401, $.15, and $.462.
    Mar 12 08:29 AM | 1 Like Like |Link to Comment
  • Sequester This [View article]

    Craps is a really easy game if you approach it right. First buy some chips. Then put one down somewhere on the table felt. If you put it in the wrong place or have not put enough down, the dealer will yell at you. Keep moving the chips around or add more chips until he stops yelling. Then stand back and wait for something to happen. Eventually after much shouting cheering etc., the dealer will either put some chips next to yours or take yours away. Rinse and repeat until all your chips are gone. Then tell everyone how much fun you had!
    Mar 4 03:54 PM | 1 Like Like |Link to Comment
  • Utility ETFs Offer Intriguing Opportunity [View article]
    One thing to consider is that Exelon comprises over 5% of the holdings in both XLU and VPU. This stock has performed badly over the last few months and is reportedly thinking about cutting its dividend.
    Nov 29 03:08 PM | Likes Like |Link to Comment