Seeking Alpha


Send Message
View as an RSS Feed
View Scooter-Pop's Comments BY TICKER:
Latest  |  Highest rated
  • U.S. rig count plunges another 90 units in ninth straight weekly loss [View news story]

    Yes, yes, yes, but that requires an Energy Policy. The Dems and Republicans both embrace the Saudi lead Cartel instead. Be careful who you vote for!
    Feb 1, 2015. 06:00 AM | Likes Like |Link to Comment
  • Risk Versus Reward For High Income, Preferred Stock Funds [View article]
    Mr. Downed,

    I found many of these Preferred buckets worthy of investment over the years in my taxable and tax free/deferred accounts. In my later years I have been forced to overlay an After Tax test on the earnings/growth potential of my investing. The Tax Avoidance of ever increasing federal taxation have me in the Muni Bond Space.

    If I were starting to invest for the first time I would definitely have some of these Preferred CEFs in the portfolio!
    Feb 1, 2015. 05:56 AM | Likes Like |Link to Comment
  • Oil Price Drop Will Have Varying Impacts On Municipals; Local Governments Appear Most At Risk [View article]

    Public Non-Profit Community Colleges have Taxing Districts relying in differing magnitudes on Property Tax as one component of their revenue. The greater tax revenue is from state allocation. Your article points to imminent revenue shortfalls in tax revenue no matter where it is derived. I agree! Trouble coming could be an understatement? The beloved overhead and operational expense rarely are pegged to the periods in time of declining tax revenue. Business acumen is not taught in Higher Ed, instead the real world of capitalism provides the acumen.

    I have found those entities reliant on the Tax Payer have little Business Acumen in cutting expense. The growing socialism in our United States finds it too easy raising tax rates first. Maybe the issuance of new bonds to pay for the previous bonds and precious expense will be offered to the Bond Buyers? Another socialistic death spiral practiced by too many!

    The Oblivious, Rubber Stamping, Governing Boards share greatly in the Socialism.
    Jan 31, 2015. 09:17 PM | Likes Like |Link to Comment
  • ISIS attacks oil-rich Kirkuk [View news story]

    WTI heads south again and hopefully finds a bottom in the 30's. If the Currency War pushes the Dollar down then WTI may stabilize? Watching interest rates through our 10 year bond. If it continues declining then I expect WTI searches for bottom. So many moving parts inclusive of the Futures Speculators impacting price.

    The Wildcard is Iran and Russia may be collaborating for some dirty, dirty tricks on Saudi production?
    Jan 31, 2015. 11:30 AM | 5 Likes Like |Link to Comment
  • Proof That Cash Is A Position Too [View article]
    A Texas perspective, in the negative:

    Better buy the Muni Bond Funds while Gasoline finds a bottom? Muni Bond Funds up about 3% in January. Looks like Oil's decline represented more to the DOW than cheaper gasoline? 2015 saw its high in the DOW? If the Dollar is topping then sitting in cash could hurt? Retirement Accounts are devastated, again? Deflation about to attack Real Property Values? Oil & Gas Minerals and Royalties have already lost about 50% of their value. It could be a Buyer's Market in Land and Homes in 2016? Unemployment Claims and Violent Crime will rise into 2016 and impact the Presidential Race! Texas has to consider a State Income Tax to make up declining Sales and Ad Val Tax Revenues? Texas Republican Political leaders continue deficit spending while telling Texans it is not their fault.

    Or, will the FED pull another rabbit out the hat? Democrats should hold the White House if they can continue to buoy the DOW?
    Jan 31, 2015. 06:29 AM | Likes Like |Link to Comment
  • Sorry Big Mac, It's Going To Take Plenty More To Change This Company [View article]
    I made my way to eat lunch at McDonald's in Longview, Texas near I-20 yesterday, Friday, about noon. The n-store service was slow and the store ambiance Horrid. The order taker appeared a middle aged lady in uniform and she was unhappy about something. Never saw a smile on any ones face behind the counter. The food made my stomach hurt. The unsweetened tea tasted like a soured cleaning rag. The store was filthy and the serving trey paper was stuck to the trey on something sticky. The napkins and straw were acceptable. The store was about a fifth occupied with most folks waiting on service and food. The vehicular orders were brisk being so near the Interstate.

    Yes, plenty of room for improvement if Ronald McDonald stock wants to rise. No, I am not interested in buying any shares today.

    The best bet is to Acquire Popeyes Chicken?
    Jan 31, 2015. 05:37 AM | Likes Like |Link to Comment
  • Chevron stresses dividend priority as it ends 2015 share buybacks [View news story]
    Chevron is about to go shopping and their shares aren't on the Acquisition List.
    Jan 30, 2015. 11:43 PM | 3 Likes Like |Link to Comment
  • The Media Is Dead Wrong About Oil Supply And Demand [View article]

    If I bet on red and the marble finds black, who gets the bet? There is always a winner!
    Jan 30, 2015. 08:38 PM | 1 Like Like |Link to Comment
  • Taxing The Wealthy And The Selling Of Muni Bond ETFs [View article]

    Have you canvassed the average Joe's? The benefit to any purchaser of Municipal Debt is tax avoidance, thus the low cupon interest rate. Put another way, the average Municipality is not hurt by this, otherwise the cupon rate would need to be greatly increased. Why buy Tax FREE municipal debt if you allow some purchasers to be taxed? Those you propose to be taxed may be the majority purchasers of municipal debt.

    Tax FREE must remain so or the Debt can't be adequately peddled.

    Taxing Church's and other bonafide Tax Free entities should remain Tax FREE!
    Jan 30, 2015. 07:48 PM | Likes Like |Link to Comment
  • Oil Markets: Sentiment And Lame Thinking Are Currently In The Driver's Seat [View article]

    Extraneous influences are instigating and exacerbating the decline in crude price. It is just too risky to fight the trend! Timing is everything, but just too elusive to go all in on Oil for me.
    Jan 30, 2015. 05:34 PM | Likes Like |Link to Comment
  • The World's Largest Net Lease REIT Is Ripe For A Takeover [View article]

    The Bunny Rich environment is in the Domestic and Canadian Oilpatch! And here comes Mexico opening up their Resource Rich Frontier to the Lions.

    What is a gorging Lion to do in such a packed Bunny Pen?
    Jan 30, 2015. 05:23 PM | Likes Like |Link to Comment
  • Kinder Morgan Is Primed For Acquisitions In 2016 [View article]
    KMR & Clayton,

    CapX expended on Buildouts/Backlog should be transferred to the Acquisition side. M&A in the Midstream Space is much more interesting than M&A in the Upstream and Service Sector. Midstream Canadian Assets are certainly on the radar too!

    Keep Rich Kinder in the building, keep him off the beach!
    Jan 30, 2015. 05:17 PM | Likes Like |Link to Comment
  • 3 ETF Investing Themes For A Wobbly U.S. Bull [View article]
    HYD and PZA barbelled with MLPL. It's already been quite a ride in January, whew!
    Jan 30, 2015. 05:10 PM | Likes Like |Link to Comment
  • U.S. rig count plunges another 90 units in ninth straight weekly loss [View news story]
    My FEAR is Putin instigating WWIII!!!!!! Putin and Iran are embraced for a reason.

    Who gets hit with Iran's first nuclear strike, Jewish Land of Saudi Oil Production?
    Jan 30, 2015. 05:04 PM | 1 Like Like |Link to Comment
  • Closed-End Funds: What IS A Sustainable Yield? [View article]

    I have found M* has their on Weighting Valuation on Bonds held by the various Bond Funds. It certainly is a more critical view. CEF Connect is a great starting place! If one desires to reduce risk by buying the highest rated Bond Portfolios then M* offers that datum/litmus test.
    Jan 30, 2015. 04:57 PM | Likes Like |Link to Comment