jse17

Closed-End Funds: Hugging the Flat line

www.adams-express.com/...

Focus on (C)

The Compelling Case for Converting Adams Express into an Active ETF

www.adams-express.com/...

Focus on (C)


On Nov 13 11:35 AM HighTower wrote:

> This seems like a reasonable suggestion. What is ADX management response?
> Is there something this guy is missing?

The Compelling Case for Converting Adams Express into an Active ETF

Sigh, here we go AGAIN!

GE to Close Its Only U.S. Solar Panel Factory

Yes, eliminating Immelt et al’s salary and benefit package is an excellent modality for GE corporate cost and waste reduction. Of course this option is “out of the question!”


On Nov 09 04:32 PM Zenfar wrote:

> Just because GE can't do it, doesn't mean it can't be done. ASTI
> is doing it.

CEF Weekly Review: Ping Pong, Anyone?

Joe,

I appreciate your viewpoint and agree that reasonable discussion and divergent analysis promotes progress in all venues! Additionally, I readily accept that CEFs are not for all investors with premium/discount avoidance alternatives readily available e.g., OEFs and ETFs.

I enjoy your work creating a first read on my follow list.


On Nov 08 10:18 PM Joe Eqcome wrote:

> In the final analysis the shareholders own the companies in which
> they invest and should be operated for their benefit. For concerned
> shareholders not to agitate for a higher valuation is a dereliction
> of their rights. (Not everyone trades this stock on price variations.
> In fact, most of the shareholders are probably “buy and hold”.)<br/>
>
> Shareholders need to continue to legitimately challenge management
> to seek demonstrable ways of adding value, or outside influences
> (raiders) will bring to bear that challenge by removing management
> in favor of their own interest and that interest may not be aligned
> with the remaining shareholders’ interest.
>
> I believe not enough pressure is being placed on ADX’s management
> to close its persistent 12%-15% discount in a portfolio of highly-liquid
> large cap securities.
>
> Shareholders should seek a resolution for ADX for a trigger mechanism
> that after a certain time period if the discount remains at 10% (or
> another legitimate discount) ADX should institute a in-kind tender
> offer, much like Tri-Continental, so shareholders can at least realize
> some of the discount in the secondary markets.
>
> I believe a fear of a loss of management fees and potentially a loss
> of management's jobs would place a new urgency on focusing on getting
> the value up from this persistent, dismal discount. Let me also note
> there’s been paltry insider buying by management in ADX. So, apparently,
> they agree that the discount will persist in the future.
>
> This doesn’t have to necessarily end up in the liquidation of ADX;
> it could end up in higher valuation for the shareholders and ADX
> remaining a closed-end fund.
>
> That would make us all happy.
> On Nov 08 08:25 PM jse17 wrote:

Obamacare: Affordable Private Insurance Is Already Available

Put the bong down now Mark!!!!

My tab for my wife and my basic BC/BS coverage comes to an astounding $12,000/year with a $500 deductable and without pre-existing conditions. If this is affordable, then the author has received his healthcare far too long as state of Michigan employee.

Try working for a living Mark and then with good conscious state that $12,000/year for healthcare is AFFORDABLE!


On Nov 09 07:45 AM Tom Armistead wrote:

> Mark, I live in CT and am in my early 60's. The last time I had to
> look at individual health insurance premiums they were higher than
> what you quote, even with high deductibles. They further came with
> exhausitve questionaires and the cheapest premium company undertook
> to sell me a policy with a rider that took out coverage for my entire
> gatro-intestinal system.
>
> Even the numbers you quote look a little steep compared to average
> wage rates, and they are prohibitive when viewed in the context of
> the minimum wage.
>
> There is something wrong here and it needs to be fixed. Whether the
> current health-care reform legistlation will fix it is another question
> entirely.

CEF Weekly Review: Ping Pong, Anyone?

“Joe, Leave ADX Alone!”

As mentioned in response to your earlier “attack” on ADX, its P/D figures generally correspond to and are often better than similarly positioned CEFs. Additionally, as the previous poster mentions, the fund’s management is solid if not spectacular. Moreover, it does not require a finance Nobel Laureate to formulate a buy/sell protocol on this or any CEF.

In the end, all cancers commit volitional suicide by consuming their afflicted host! Opening all CEFs is analogous in character!

The Demise of Japan as an Economic Power?

www.trustnet.com/News/...

The Demise of Japan as an Economic Power?

If one were truly a contrarian in context of the abundance of bad news presented here and elsewhere, one would likely buy the Japanese ETFs and CEFs. Additionally, the Japanese indexes are the least expensive of any major market according to First Eagle Fund’s manager.

As the E*TRADE baby so eloquently states, do some analytics and basic research Shankopotamus …… !

Another Reason You Should Be on the Sidelines Now

I too enjoy PDP’s articles but …… If one uses “technicals” at all, comparing charts from 80 years in the distant past to the current market environment is much like evaluating the weather forecast from that era as a marker for tomorrow.

The wondrous and talented Sir John Templeton said, “I never knew an investor that consistently made money applying technical analysis. For those that respect and adhere to the technical school, I wish you the best but “C’mon man (or lady)” an 80 year gap in events is beyond a reasonable reach!


On Nov 01 04:49 AM TradingHelpDesk wrote:

> You articles continue to be a must read.
>
> I learn something everytime. Thanks.

Paul Tudor Jones: Gold's Undervalued and Bonds Are a Curve Flattener Play

Explosive up moves certainly brings the Guru class to the forefront including the recycled variants! Alternatively, as one of the current, popular investment advisors so eloquently states (the E*TRADE Baby) do a little analytics and research and make it happen on your own!

Nassim Taleb Confronts Critics

I would state to Dr. Taleb that legitimate educators attempt to enlighten, enrich, and inform while charlatans pontificate and confuse! Additionally, the brightest among us rarely require continuous reinforcement of their superior (emphasis added) intellect!

Grantham on the Markets: '860 Is Fair Value for S&P'

Bingo!

There is always a second component to these wild predictions even if unreported. Something on the order of but I will show you the way is casually implied. Jeremy has no more of a valid idea of what the market will price out in 7-years than the price of postage stamps assuming they continue to exist!

Clark Gable's famous quote from Gone With The Wind many years back remains valid and applicable even today, "Frankly, I do not give a damn!"


On Oct 27 01:23 PM CES wrote:

> No comment about predicting the market's value and going on out SEVEN
> years ahead-what a crystal ball !!!!

Stock Price Strength Notwithstanding, Economy and the Dollar Are Still on the Skids

A two-part question for inquisitive minds:

1-What is the most out of favor investment vehicle imaginable ATPIT?

2-What fool would possibly place USDs into a MMF?

(Hint) Everyone has a long term, independent, contra-oriented investment philosophy until times get difficult! Additionally, I believe we may all agree that times are currently difficult! The more difficult the investment environment, the more likely the return to the investment fetal position!

As Barton Biggs states, it indeed takes great courage to be a pig!

The Greatest Depression Is Coming

Ravi Batra as Lazarus before him has risen at least in form!