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mickelsson

mickelsson
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  • Western Asset Mortgage Capital Nails The Quarter - Cautious On 18% [View article]
    Jeez, @JHHAlpha, can you lighten up on the ad hominem attacks? Since your bio says you were a scientist, perhaps you could stick to evidence and skip innuendo about the author's motivation and phrases like "pea brain."
    Aug 14 12:30 PM | 2 Likes Like |Link to Comment
  • Why I've Sold Royal Dutch Shell PLC [View article]
    This analysis is mostly based on stock price. The fundamentals are considered only briefly, and then only cyclically adjusted earnings. RDS is a big, complex company in a changing industry. I understand why the author sold his shares, but as the comments by @chicagotim1 and @trailerparkjoe point out, there is not enough attention paid here to the company's prospects, which is the analysis most readers would benefit from.
    Aug 10 10:18 AM | 1 Like Like |Link to Comment
  • Bullish Case: Improving Or Deteriorating? [View article]
    A quick question, Chris. This article focuses on broad indexes (the NYSE composite rather than the S&P) and recommends broad investments (NYSEARCA:VTI) rather than (NYSEARCA:SPY). Does your research indicate that the occasional lack of correlation between narrower indexes is essentially just noise? Or for an index-based portfolio is it worth tracking separate indexes?
    Thanks again for the judicious approach of your articles.
    Jul 31 09:20 AM | Likes Like |Link to Comment
  • The Market Will Guide Us If We Are Willing To Listen [View article]
    Chris, I've come to really appreciate your evidence-based articles on the market. What especially impresses me is that you avoid over-simplification by recognizing that each market indicator is just an indicator, not a fire-bell. You've helped me to add a better awareness of market movement to my stock-picker approach.

    I recommend your weekly YouTube videos (such as the one linked in this article) to anyone who wants to effectively chart the S&P.
    Jul 28 07:04 PM | 7 Likes Like |Link to Comment
  • Market Outlook By Market-Making Pros, Aggregating 2500+ Stocks And ETFs [View article]
    Another enlightening article, Peter. If there's ever a MVP ballot at Seeking Alpha, you have my vote.
    Jul 26 04:05 PM | 2 Likes Like |Link to Comment
  • Market Outlook By Market-Making Pros, Aggregating 2500+ Stocks And ETFs [View article]
    An excellent summary, JALG.
    You've been following Peter's recommendations since 1987? I wish I'd had the good sense to do that.
    Jul 26 04:04 PM | 3 Likes Like |Link to Comment
  • 3 Canadian REITs That Look Promising, And 3 To Avoid [View article]
    Thanks for the update, Mark, and the link works fine. Some of the blues are confusingly similar, but the numbers clarify which blue is which. And good call on which CDN REITs seemed poised for more price appreciation.

    @dhunter3759: If you're out there, I'm still interested in hearing the reasons for your optimism about DRETF (or D.UN on the chart).
    Jul 26 10:21 AM | Likes Like |Link to Comment
  • 15 Clean Energy YieldCos, Created Unequal [View article]
    re: TERP
    from the Seeking Alpha feed this afternoon: "TerraForm's (Pending:TERP) IPO price is at the high end of an elevated $23-$25 range, and spells a $2.37B valuation. Shares begin trading tomorrow."
    Evidence of the growing market recognition of yieldco's, or just another overheated IPO? I guess we'll see.
    Thanks, as always, for your coverage of this sector, Tom. You're a voice in the frackin' wilderness.
    Jul 17 07:46 PM | 1 Like Like |Link to Comment
  • Newcastle Investment: Is Reward Enough To Justify Weak Financials? [View article]
    @Michael Bryant: "So far, only initial news about the possible spin-off has been announced and it is expected to be completed between the third and fourth quarter of 2014."
    Too late? No, since there has been no official announcement of the details.

    Disclosure: Long NCT and NEWM (spun-off from NCT in 2/2014).
    Jul 14 11:08 AM | Likes Like |Link to Comment
  • 4 Beaten-Down Dividend Stocks For 2014 [View article]
    I said I'd be back in July 2014, so . . . On July 1, 2014 the yield on the US Treasury 10-year note closed at [drum roll, please] 2.57%. That's 400 basis points BELOW where it was when @bg6638-2 made the "well past 15% before mid-2014" prediction. What a shock.
    Jul 5 02:55 AM | 2 Likes Like |Link to Comment
  • Prospect: Portfolio Debtor Files For Bankruptcy, Meet New Century Transportation [View article]
    @7716391: Yeah, except that Guardian3981 said the downward trend was "since 2010." Give yourself some credit, you just did an excellent job of cherry-picking dates.
    Jun 13 05:36 PM | 5 Likes Like |Link to Comment
  • Prospect: Portfolio Debtor Files For Bankruptcy, Meet New Century Transportation [View article]
    re: "PSEC stock price has been trending down since 2010."
    Not a very accurate reading of a stock chart, @Guardian3981, as anyone can tell who bothers to take a look. PSEC has bounced up and down within a range of ~$10 to ~$12 since early January 2012, with a few days above $12 and a few days below $10. That's 2 1/2 years of "sideways," imo, with the occasional low points presenting excellent buying opportunities. Even the double whammy of the recent SEC scare and New Century Transportation's chapter 7 haven't driven it below where it was at the beginning of 2012. At least not yet, although I'm sure Mr. Galler will keep trying.

    Was PSEC higher in 2010 than it is now? Yes, if you're careful to pick the right date in 2010. But you can't draw a straight line between those two numbers and call it a downward trend.

    Long PSEC (but not emotionally attached, and not looking for a "free lunch")
    Jun 13 04:15 PM | 9 Likes Like |Link to Comment
  • Hugoton Royalty Trust: Trust Wins Big In Arbitration [View article]
    @TFA--I absolutely agree with everything you say, although I'm not following you into shorting HGT. Sentiment began to play too big a role pushing HGT around, first the swoon from ~$20.00 to ~$6.00 in early 2012, and now up over 20% in a single session. I agree that the bounce was an opportunity to sell, which I did @ $9.92. This Trust still has some legs, and NG rates are rising, but I never felt I could get a bead on their true valuation, and XTO always seemed to have their own interests foremost. I'm glad to be out. I usually feel pretty good when I sell at a nice capital gain, but I only felt relief on this one.
    Apr 26 04:03 PM | 2 Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    I was the one who suggested UTG in the comment section to your earlier article. I gotta tell you, Henry, I'm not used to people taking my suggestions so seriously!

    Anyway, like some of the commenters above, I've been happy with UTG's returns, but I share the concerns that you and others expressed about the amount of UTG's leverage and somewhat unusual holdings for a utility fund. Because it's a CEF whose discount was shrinking, and it was at the top of its 52-week price range, I just sold most of my holding to capture ~ 18% capital gain, which gave me a total return of almost 25% in a little over a year. If UTG's discount to NAV again goes to over 9% (as it does periodically--the fund seems to have 7 to 12 month cycles in recent years), it might be a buy again, but right now I'm just continuing to hold preferreds of about 8 separate utilities.

    I appreciate your articles, Henry, and wish you the best in your investing.
    Apr 2 12:12 PM | 1 Like Like |Link to Comment
  • Ukraine Crisis: A Decision That May Have Sealed The Fate Of The EU [View article]
    @The People's Choice: Your mentioning of only one LNG facility in California is misleading. You're right that US facilities are not in a position to supply the EU's need next week, but there is a big infrastructure build-out going on. You might want to check this recent map from the API:
    http://bit.ly/1kIbXnO
    In addition, many of the comments don't mention the other LNG exporting nations, such as Qatar and Norway (which sold more NG to the EU than Gazprom did in 2012). Remember, too, there's a world market out there, so the US doesn't have to directly supply the EU to have an effect. Increased competition in the world market from US and Canadian LNG exports will drive other countries/corporations into attractive markets such as the EU.
    Mar 19 10:30 AM | 1 Like Like |Link to Comment
COMMENTS STATS
224 Comments
266 Likes