purline

Think of These as Short-Term Troubles

Warren Buffet says that he would love to get in on the action as long as the $700B would be used to purchase assets at current market prices. Call me cynical, but I just don't see it rolling out that way.

If You Think the Dow Did Well Today, You're Wrong

"This article was not well thought out...just noise..."

Maybe so, but a comment like this doesn't add much value, either.

Interactive Brokers: There's Still Money in Financials

I agree, peaktrade. Love the interface and pricing; I've been a customer for many years. It's a good thing that IB thinks of themselves as a tech company because that is exactly the level of customer service that they offer - contradictory answers and stubborn representatives.

Evaluating a Negative View on American Capital Strategies

Davy,

Thank you for the article. I too found some value in the Yulico article (and especially the PIK income,) but not enough to offset the reasons that I'm long ACAS. Interesting that Yulico points to a 45% institutional ownership in the company as a reason to avoid but this is actually an increase from the institutional investment of 30% according to Bernard Condon's article in Forbes on April 23, 2007.

I would love to hear what you and others think about the viability of ACAS at the current dividend rate. Unless the stock price can find support I think that slashing 2009 yield is going to prove unavoidable.