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FlaYankee

FlaYankee
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  • A Few Reasons Why Investors Should Avoid Seadrill [View article]
    Very content to have added to my Seadrill position on their most recent pullback. Long SDRL and NADL>
    Aug 11 11:36 AM | 4 Likes Like |Link to Comment
  • A New 2x Leveraged ETN Tracks Non-Energy MLPs And Yields 14% [View article]
    Good read. I am a big fan of UBS double leveraged ETN's and own most of their 2X products; MORL, CEFL, DVHL, BDCL and LMLP. I recently sold MLPL as it had a great run and it was time to ring the register. As an aggressive income investor I am always looking for great income investments and with UBS I feel that their products are a great fit as long as you understand the risks and can stomach the volatility.
    Aug 10 12:05 PM | Likes Like |Link to Comment
  • Update: North Atlantic Drilling's Agreement With Rosneft Should Not Be Materially Impacted By Latest US Sanctions, But Headline Risk Remains [View article]
    Anytime you are dealing with Russian companies even during the best of times there is always a sense of caution that is recommended. NADL rigs were fully booked even before the announced Rosneft deal which will be delayed at most but is a game changer for NADL once consummated as this will give the company access to the very lucrative Russian offshore market and will fill its order book to the tune of 35 Rig years. So the recent pounding of NADL stock is in my opinion a buying opportunity but patience is key here as there is no telling when all will fall into place. Long SDRL and NADL.
    Jul 18 11:05 AM | 2 Likes Like |Link to Comment
  • Rosneft gains stakes in North Atlantic Drilling, Seadrill in major rig deal [View news story]
    This is a game changer for NADL which should bode well for the company going forward with numerous new drilling opportunities. For Seadrill a possible ready market for its many new builds provided they are upgraded over to harsh cold weather. These rigs could be dropped down to NADL for immediate deployment to Rosneft. Many possibilities all around. Long SDRL and NADL.
    May 27 12:39 PM | 2 Likes Like |Link to Comment
  • Transocean Ltd.: Complete Fleet Analysis Reveals A Surprising Good Outlook. [View article]
    Seems to me that all the bashing of the offshore drillers has already done enough damage as this sector has already experienced its own bear market but recent earnings report do not justify the severe downdraft in stock prices. I personally would prefer to invest in SDRL as a more aggressive play in the sector and am willing to ride out sector turbulence while collecting a very high dividend. RIG is weighed down by an older fleet but is looking to improve by adding new state of the art rigs and selling off its obsolete platforms but all this will take time. With Seadrill the most technologically advanced rigs are already on hand and with the youngest deep water fleet of any major offshore driller they should attract the most demand for what they bring to market. Long SDRL and NADL.
    May 3 09:11 AM | Likes Like |Link to Comment
  • Seadrill: Is This The Bottom? [View article]
    Points well made and great contrarian call as the doomsayers have depressed the entire sector into a mini-bear market of their own and now it looks like the bottom is in for the sector as recent earnings reports show that situation is not as dire as many have been predicting. Establishing or adding to a position as current depressed levels should bode well over the long term and it never hurts to be paid over an 11% dividend while you wait out present market weakness. Will look to add on any further sector pullback. Long SDRL and NADL.
    Apr 27 12:24 PM | 2 Likes Like |Link to Comment
  • Seadrill: Was That The Bottom? [View article]
    Points well made and I was lucky enough to establish a SDRL position over several accounts below $33 and will add to my positions if the stock pulls back again. In addition, recent earnings reports from fellow peers like Diamond Offshore and Noble have shown that the offshore market is not falling off a cliff and in fact, is doing much better then expected. As the market shifts from high growth momentum stocks into value this could provide a further boost to share prices of the drillers that have been beaten down into bear market territory and are probably the most hated group in the market. Picking up shares at such depressed levels sets one up well for the long term. Long SDRL and NADL.
    Apr 27 12:00 PM | 6 Likes Like |Link to Comment
  • Why The UBS-ETRACS 2X High-Income ETN Is A Poor Choice [View article]
    I still believe that it's huge yield is of value to income investors even if the dividends are taxed at the ordinary dividend rate. At the current double digit dividend rate DVHL makes a great holding inside of an IRA or tax advantaged account. Investors looking for qualified dividends should look elsewhere but for those looking for high dividend income through a convenient investment vehicle then DVHL should receive consideration. Long DVHL, CEFL and BDCL.
    Apr 23 03:43 PM | 2 Likes Like |Link to Comment
  • Seadrill: Now An Attractive 11% Yielder [View article]
    Looks like Seadrill is now close to an attractive 12 percent yielder. Offshore driller bashing is becoming the latest national craze and it seems everybody is jumping on that bandwagon. I like to play contrarian and go against the Herd and initiated a position below $33 and will add if the price dips further. Hoping that picking up shares so close to its 52 week low has wrung the downside risk significantly. Long NADL and SDRL.
    Apr 20 10:01 AM | 1 Like Like |Link to Comment
  • Seadrill sinks as Credit Suisse downgrades, cuts target to $30 from $40 [View news story]
    Never could understand a downgrade after a stock is already down well over 30% off its 52 week high. Seems much late to bash the drillers party as this sector is truly unloved, hated and now is probably a good time to invest with shares at or close to 52 week lows. Sector sentiment is absolutely horrible as doomsayers are coming out the woodwork as if the offshore sector will never recover and offshore oil is no longer worth drilling for! Patience is key here and dare to go against the herd and be brave enough to step up to make a purchase when everyone else is stampeding towards the exitSuccessful investing is about buying low and selling high.
    Apr 11 10:30 AM | 6 Likes Like |Link to Comment
  • Seadrill: Valuation Doesn't Make Sense If You Believe In The Stock [View article]
    Great article and follow on comment by dig4oil as the situation is very well laid out but as long as negativity plagues the sector with many analyst downgrades and articles detailing doom for the deepwater drillers the impacted companies are going to stay under pressure. Whenever negativity is this high and the stocks so heavily punished this makes a great opportunity to invest. Isn't the key to successful investing to buy low and sell high, so with so many of the drillers not too far off their 52 week lows this is as good a time as any to start to possibly initiate or add to an existing position. I will be looking to add to my Seadrill position and would even welcome a further sell off. Long term investing takes a great deal of patience and when you have a stock paying a better then 11% yield to wait for better times the having patience gets much easier. Long SDRL and NADL.
    Apr 10 12:44 PM | 3 Likes Like |Link to Comment
  • Seadrill: Now An Attractive 11% Yielder [View article]
    With all the issues surrounding Seadrill the stock should be considered a speculative investment, if the deep water drilling space continues to worsen then Seadrill with its high debt levels would suffer more then most but if the bottom is in then current price levels represent a great entry point and long term investment. Only time will tell how this all plays out.
    Apr 2 07:10 PM | 3 Likes Like |Link to Comment
  • Time To Buy Argent (And A 17% Yield) Before Earnings [View article]
    I give you credit for standing behind this stock and it goes to show how difficult it can be for any stock investor to continually come up with great stock picks no matter how much due diligence is involved; as we all have our share of clunkers that just never panned out. I did take a look at Argent based on your article but decided not to make a purchase as the company's debt levels were extremely high and earnings were no where near to justify such a high dividend which as it turns out is made up of mostly return of capital. Given the massive drop in the stock price prudent company management should take the opportunity to slash the dividend, pay off debt, eliminate dividend reinvestment, and focus on firming their balance sheet which should stabilize the stock price.
    Mar 28 11:15 AM | 3 Likes Like |Link to Comment
  • Horizon Technology Finance: The Pullback In This 11% Yielding Stock Is A Buying Opportunity [View article]
    Well said and very informative. Held the stock before and was considering back in but your points are well taken and made me take the stock off my radar. There are too many good companies out there to settle for one where management does not have the incentive to put shareholders first. Thanks!
    Mar 23 08:25 AM | Likes Like |Link to Comment
  • A Closer Look At North Atlantic Drilling's Opportunity In The Arctic [View article]
    I understand all the positive points about NADL but the stock itself has been a poor performer through its IPO until the current day. The current weak environment has little impact on the company as it is fully contracted out for 2014 and still the company is unloved on Wall Street despite sporting a better then 11 percent yield, what exactly am I missing that the street see's in keeping the shares depressed? Long NADL.
    Mar 22 07:38 PM | 1 Like Like |Link to Comment
COMMENTS STATS
113 Comments
193 Likes