Statoil: Shares To Remain Weak Short Term, May Interest Long-Term Buyers [View article]
Nice article. I appreciate your balanced approach and the fact that you followup your earlier work. I am long STO, have added in here at 22.50, and use the 25 calls as a way to generate additional income. I don't expect a move to 25 short term, but longer term I do believe this will be a good investment from a total return basis. In the meantime, the dividend plus an extra 50 cents/share or more a year, is attractive to me. Thanks again, Loonsong
Bakken Update: Top Eagle Ford Wells Of All Time Are Moving To The Bakken Part II [View article]
Thanks for another great piece of work. Where would you start a position in OAS? I have TPLM and KOG, and STO, but no OAS as yet. Have been selling puts under it, but never getting exercised. Loonsong
Rig Makeovers And Energy Demand Will Benefit National Oilwell [View article]
I believe you are correct and my money is on the line with this one. Looking out three years, I think the 95 to 100 target is achieveable if the world remains as it is or gets slightly better. The dividend may become more of a factor as it's increased too. Loonsong
Cummins' Engine Is Just Getting Warmed Up [View article]
Phil, nice job. i own the stock and sell puts frequently. take a look at the puts as a source of income and a low ball bid. even strikes 25% lower than the mkt price can be rewarding. Loonsong
How To Properly Think About Stock Prices In Today's Volatile Markets [View article]
Great article Chuck. Remember though, if it weren't for those who only know the price, the opportunity for those who know the value wouldn't materialize. Let's not educate the masses completely, Loonsong
Michael, nice work. i have owned STO in the past and sell the 22 1/2 puts in hope of catching it at a low point or getting some cash if not. the dividend isn't the issue imo. i have Daimler, ABB, and others that pay once a yr and it doesn't effect them. I think its partially the companies lack of self promotion. They really don't work the market selling their success story. Maybe thats a cultural difference issue. Others, like Daimler and Siemens, are tooting their horns more frequently and in the right circles. Just my opinion. I do plan to re-enter the stock though and I agree with your work on the name. Thanks for article, Loonsong
Webster Financial: Regional Bank Performs Well, Remains Undervalued [View article]
Tom, I agree, the NIM situation is going to be a problem for much longer than it has historically. There will be some loan loss reserve recovery in the interim, but the basic bread and butter spread business isn't coming back soon. Flat earnings is the outcome for awhile as cost reductions have been pretty fully exploited. The only other factor to consider is the trust/wealth mgmt biz. That type of consistent fee stream is a factor that will impact eps now and be a kicker later. I have no names to share at the present time. I have used NYCB as a covered write candidate when the naked puts have been put at 10 and 12.50. With the yield its been pretty good, but they are stuck in the sargasso sea of flatline eps too. They need to do a deal. Have a great week, Loonsong
Webster Financial: Regional Bank Performs Well, Remains Undervalued [View article]
Tom, Thanks for mentioning WBS. Years ago I owned almost nothing but small community banks and WBS was one of them. They have certainly grown in the last decade. I'll take a look. I think the way you are doing it makes a lot of sense. I had a fondness for some other N.England names and this brings back some good memories. Loonsong
Tom, you made my morning. what a nice piece to wake up to. brings back memories of hikes through the Pisgah National forest in the N.C. mountains...some of the best moments of my life. Have a great day, Loonsong
Statoil: Shares To Remain Weak Short Term, May Interest Long-Term Buyers [View article]
I am long STO, have added in here at 22.50, and use the
25 calls as a way to generate additional income. I don't
expect a move to 25 short term, but longer term I do believe
this will be a good investment from a total return basis. In the
meantime, the dividend plus an extra 50 cents/share or more a year, is attractive to me.
Thanks again,
Loonsong
Bakken Update: Top Eagle Ford Wells Of All Time Are Moving To The Bakken Part II [View article]
I may sell the puts to reach that point.
Loonsong
Bakken Update: Top Eagle Ford Wells Of All Time Are Moving To The Bakken Part II [View article]
Where would you start a position in OAS?
I have TPLM and KOG, and STO, but no OAS
as yet. Have been selling puts under it, but
never getting exercised.
Loonsong
Forget LNG - Exporting Gasoline Is Where The Action Is Now [View article]
Loonsong
Rig Makeovers And Energy Demand Will Benefit National Oilwell [View article]
Looking out three years, I think the 95 to 100 target is achieveable
if the world remains as it is or gets slightly better. The dividend may become more of a factor as it's increased too.
Loonsong
Dredging For Dollars: The Value Case For Orion Marine Group [View article]
I will follow-up with this name, having looked at GLDD
some time ago.
Excellent piece,
Thanks
Loonsong
EXCO Resources: Will This Dog Ever Have Its Day? [View article]
Loonsong
Cummins' Engine Is Just Getting Warmed Up [View article]
nice job. i own the stock and sell puts frequently.
take a look at the puts as a source of income and
a low ball bid. even strikes 25% lower than the mkt
price can be rewarding.
Loonsong
Chevron: The Best Integrated Oil Company In The World [View article]
Thank you very much,
Loonsong
How To Properly Think About Stock Prices In Today's Volatile Markets [View article]
if it weren't for those who only know the price,
the opportunity for those who know the value wouldn't
materialize. Let's not educate the masses completely,
Loonsong
Why Is Statoil Undervalued? [View article]
nice work. i have owned STO in the past and sell the 22 1/2 puts
in hope of catching it at a low point or getting some cash if not.
the dividend isn't the issue imo. i have Daimler, ABB, and others
that pay once a yr and it doesn't effect them. I think its partially the
companies lack of self promotion. They really don't work the market
selling their success story. Maybe thats a cultural difference issue.
Others, like Daimler and Siemens, are tooting their horns more frequently and in the right circles. Just my opinion. I do plan to re-enter the stock though and I agree with your work on the name. Thanks for article,
Loonsong
Bakken Update: Triangle Petroleum Is A 2013 Top Bakken Stock Pick [View article]
you do an incredible job and I really appreciate your work.
Loonsong
Webster Financial: Regional Bank Performs Well, Remains Undervalued [View article]
I agree, the NIM situation is going to be a problem for much longer than it has historically. There will be some loan loss reserve recovery in the interim, but the basic bread and butter spread business isn't coming back soon. Flat earnings is the outcome for awhile as cost reductions have been pretty fully exploited. The only other factor to consider is the trust/wealth mgmt biz. That type of consistent fee stream is a factor that will impact eps now and be a kicker later.
I have no names to share at the present time. I have used NYCB as a covered write candidate when the naked puts have been put at 10 and 12.50. With the yield its been pretty good, but they are stuck in the sargasso sea of flatline eps too. They need to do a deal.
Have a great week,
Loonsong
Webster Financial: Regional Bank Performs Well, Remains Undervalued [View article]
Thanks for mentioning WBS. Years ago I owned almost nothing but small community banks and WBS was one of them. They have certainly grown in the last decade. I'll take a look. I think the way you are doing it makes a lot of sense. I had a fondness for some other N.England names and this brings back some good memories.
Loonsong
The View From Bear Mountain [View instapost]
you made my morning. what a nice piece to wake up to.
brings back memories of hikes through the Pisgah National
forest in the N.C. mountains...some of the best moments of
my life.
Have a great day,
Loonsong