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  • Here Is Why I'm Buying American Capital Mortgage Investment And Selling iShares 20+ Treasury Bond Fund [View article]
    Brilliant. Too god to be true? Credit risk covered by GSEs. Interest rate risk minimized by pairs trade. Prepayment risk already reduced by rising mortgage rates. Are ther other high paying MREITs sufficiently deleveraged to benefit from the same pairs strategy? BDCs? MLPs?
    Jun 12, 2015. 07:39 PM | Likes Like |Link to Comment
  • JPMorgan's 6% Preferred Stock Is Worth A Look [View article]
    What WD said. What caper said.
    Apr 14, 2015. 08:25 AM | 1 Like Like |Link to Comment
  • Break Up Bank Of America? Better The Devil You Know Than The One You Don't [View article]
    As a retired international banker, I can tell you absolutely, we need to break the global banking cartels.

    As anyone at all exposed to global financing will tell you, the absolute power of these megaliths corrupts absolutely.

    The incentives for abuse are just too irresistible.

    As for the SEC, the Fed Examiners, and the multiple, competing so-called regulatory authorities, they don't have sufficient staff or resources to montor these giants.

    We nee more, not less, competition in small business banking and consumer finance.

    Regulatory Capture is the order of the day.

    As to the economies of scale you attribute to the TBTF banks, they are achieved every day, through the syndicated lending pools that the TBTFs and smaller regional banks put together ever day.

    Just as the Lehman, Goldman. JPM and others packaged and sold off/syndicated the (knowingly fraudulent) residential mortgage backed securities, and booked handsome fee income for ding so -- so every day the same TBTFs sell off portions of their mega-million, multi-national corporate loans to smaller regional and foreign banks around the globe. Its called fee-based risk mitigation.

    Not only do these syndicated loans promote international development for the borrowers, the promote cooperative networks within the global banking community.

    These loans are funded in the euro-dollar market, to which every regional bank today has ready access.

    BofA should spin off its main street retail branch banking (which is becoming a loss leader anyway) and its retail brokerage, and still be a global presence at half the size.
    Jan 9, 2015. 08:09 AM | 4 Likes Like |Link to Comment
  • Demand For Sand Offers 25%+ Total Return Potential [View article]
    All your points are spot on.

    Anyone who listens to last week's conference call will know that.
    Aug 11, 2014. 11:44 AM | Likes Like |Link to Comment
  • When Will U.S. Energy Independence Day Come? [View article]
    SLCA) and Hi-Crush Partners (NYSE: through the roof in recent years. It has also led companies sucgh as Emerge Energy Services (NYSE: and Carbo Ceramics (NYSE: to rapidly ramp up production of fracking proppant to keep up with demand.

    The following slideshow is an overview of how the rapid increase in oil production has created a massive boom for proppant producers such as US Silica, Hi-Crush, and Carbo; what we can expect in the future for this fast-growing market; and how each company fits into the world of proppant producers. This will help you to parse out which one is best for your portfolio.
    Jul 15, 2014. 09:31 PM | Likes Like |Link to Comment
  • Seadrill: Cash Flow Doesn't Support Dividend [View article]
    FCU here. Fundamental Conceptual Misunderstanding.

    Divies are paid from cash flow. Capital expenditures are financed with LT debt.

    It costs $8,000 to belong to SA Pro, and you get bozos like this.
    May 28, 2014. 11:07 AM | 16 Likes Like |Link to Comment
  • Avoid Annaly Capital [View article]
    just bought 1,000 share for my sister's IRA. REITs will be here forever and these guys are smart. Take the money. Divvies as far as the eye can see.
    May 8, 2014. 11:31 AM | Likes Like |Link to Comment
  • Fracking Sand! [View article]
    If US is in fact the Saudi of nat gas, if ever to become energy independent, Frackers will need more & better sand. EMES & SLCA have best supply (rail) chain, face huge demand, constrained supply. Raising prices.
    May 4, 2014. 06:12 PM | 1 Like Like |Link to Comment
  • Legacy Reserves And Southcross Energy: 2 High-Yielders To Avoid [View article]
    How about finding another line of work.

    You say "My main interest is in finding long positions at a great value with a focus on stocks that provide solid dividends."

    You found two and you trashed them. Ignorance is no excuse. Go back to graduate school.
    Mar 28, 2014. 05:38 PM | 5 Likes Like |Link to Comment
  • Sell Wynn At These Highs [View article]
    Look at Thomas Kees's record here & you will see he is one of the most mindless pumper/dumpers.

    SA is a major platform for Interactive Brokers' news feed and we get crap like this -- as well as SOME very legitimate analyses.

    Too bad the SEC is too understaffed to put people like Kees out of business.

    Hope you're getting rich with your 895 followers, Mr. Kees.
    Dec 11, 2013. 03:21 PM | Likes Like |Link to Comment
  • The Mortgage REIT Business Doesn't Work ... [View article]
    This IS an "ambush piece," and anyone who knows anything about AmReits can see right through it.

    Pity is gets so many many clicks.
    Jun 14, 2013. 04:23 PM | 2 Likes Like |Link to Comment
  • The DoJ is suing KBR (KBR +1.7%) and a Kuwaiti subcontractor for false claims on $120M in contracts awarded to house American troops in Iraq. In its complaint, the government alleges that KBR agreed to pay a 60% surcharge to First Kuwaiti despite being aware that the company had inflated its crane and truck costs, among other items, and misrepresented the cause of its delays, then knowingly passed the cost on to the government. [View news story]
    1. KBR was at the time 2003 of course owned by Halliburton.
    2. Halliburton's CEO had been Richard Cheney.
    3. Mr. Cheney at the time 2003 was Vice President of the United States.
    4. Cheney and George Bush intitated massive privitazation of services such as KBR in Iraq.
    5. Did Cheney and Bush benefit personally from the KBR/Halliburton contracts.
    6. Did they use their influence to cause the government DOD contrcts to be let to KBR/Halliburton?

    7. Unfortunately, we will never know: the statuate of limitations has run out.
    Nov 19, 2012. 03:42 PM | Likes Like |Link to Comment
  • Many iPhone/iPad users aren't happy with Apple's (AAPL) new Maps app, which displaces Google Maps (GOOG) with today's iOS 6 launch. The loss of Street View and public transit data is frustrating many, as are the search results. Even Apple die-hard John Gruber is a critic. The discontent is unlikely to convince Apple to have a change of heart, but it could drive many users to opt for Google's home-grown iOS Maps release (likely to feature ads) when it arrives ... provided Apple doesn't block it. (iPhone 5 reviews[View news story]
    Who cares about Street View?

    Within a week there could be 8 million new users. How many need GV to find their way around Manhattan?

    I've used Google maps 100s of times & street view is totally useless.
    Sep 19, 2012. 09:00 PM | 2 Likes Like |Link to Comment
  • A Rotten Apple [View article]
    Grove City? Political "science"? Hahahahahahahahaha....

    What are you, crazy? Debases the entire site.

    SA, what are you thinking?
    Sep 12, 2012. 09:25 AM | 9 Likes Like |Link to Comment
  • Look out big business, it looks like the carbon-tax may be making its way back to the forefront during this years election cycle. An Op/Ed piece in the New York Times today talks about how much of a no-brainer the carbon tax would be to providing a solution to climate change. Forbes contributor Tim Worstall agrees , saying "Why tax good things when you can tax bad things, like emissions?"  [View news story]
    Stupid remark.

    But then, U.S. is STUCK on stupid, so what else is new?
    Jul 5, 2012. 02:27 PM | 1 Like Like |Link to Comment