Enzo Investors Have To Be In It For The Long Haul [View article]
Your 3/19 comments were timely. Now that the market has significantly revalued the shares almost 40% cheaper than they were only 2-3 months ago, and based on Friday's close and the fact that management will undoubtably be conducting multiple coast "one-on-one" meetings and multiple conference calls with concerned "institutional investors" due to these past few days of "no buyers", it will be interesting to watch the market for signs as to how management has guided sell side analysts toward valuing current price with current and future expectations relating to potential growth in the company business and important longer term product revenue trends.
Bill Gross PIMCO ETF Hits Lifetime High As Bond 'Great Rotation' Debunked [View article]
Risk adjusted total returns assuming reinvestment of dividend payouts vs Risk adjusted total returns without reinvestment of payouts
BOND was significantly less volatile than TLT starting at inception of BOND
TLT dropped 11 % from its 129.7 high to last months low of 113.37. During the same time the biggest drawdown for BOND was less than 2% and it hit it's all time high this week while TLT is still 6% below its 2012 high.
A Winning Combination Of ETFs: Low Volatility, Dividend Growth, And Momentum [View article]
Curiosity: Big Louie - above - suggested using SPHD as an additional source of finding a common holding. If so, it might help unearth some individual issues with higher yield. Or just use SPHD and PDP plus appropriate filters to seek greater yield with good technical momentum. Have you come up with any additional common holdings when using the 7 ETFs you currently have? Is there a service which helps one compare ETF portfolios? I like Dividend ETF Channel but not sure if it can do such a search.
PennantPark Floating Rate Capital: The Good, The Bad And The Maybe? Part 21 [View article]
I am new to PFLT. It appears that they offered 3 mm shares at 14 but on the same day it "sold" down to 13.65 on about 1.75 mm shares - opening at 68 and closing at 13.81 - less than the 14/sh offer. Since then, there seems to be a glass ceiling at 14. Am I missing soething? or did the 3mm share offering at 14 not get placed in (at least relatively) strong hands?
since inception of SPHB , it appears that SPLV has outperformed on an absolute and risk adjusted basis. It appears that it has also outperformed SPY on a risk adjusted basis - From the bottom of any market,one would expect that theETF with the highest beta will out perform Since inception of sphb in may 2011 splv is up 10% Spy is up about 18% for unknown (to me) sphb is down 1% ???
The Best REIT And Private Equity Dividends This Week [View article]
An end of week update ? - the question: using hindsight as well as using hindsight - does either REM or MORT provide a better "risk adjusted" return during the past 18 plus months that they have been holding a portfolio of this sector - the CYS volatility is only a case in point. The reason "risk adjusted"is used is due to the fact that many of the income seekers are retired and need to consider the extra inherent price/time volatility as it relates to portfolios unable to rely on unlimited new cash contributions from earned income.
21 BDCs - The Good, The Bad And The Maybe? Part 17: Gladstone Capital [View article]
The above observation shows you it is important to consider fundamentals and personal knowledge before considering an investment. From a technical "momentum" trend analysis using current and past price action, the only TWO BDCs which are currently trading above (bullish) Both of their 50 and 200 day Moving average lines AND are showing strength (up) for today are FDUS and GAIN. === on another subject - a thought relative to BDC BUZZ'S worksheet which is really helpful might be to modify the current PAYOUT column to include an evaluation of (A) past payout based on analysis of management's ability to generate a consistent stream of past payouts based on the mix of their BDC investments and (B) Projected future ability of management to maintain or improve payouts during the next 12 months.
Just a thought
I note that TCPC declared and paid a dividend of 40 cents on 3/13. At a price of $15.62 with $1.49 training 12 month payouts, the current yield is 9.5%. The above proposed column B would provide an observation as to the potential that the current mix of BDC holdings will enable management to maintain or generate future growth of dividend payout. In the caae of BDCl, shows a trailing 12 month payout of about 12 %. But the 7 past payouts have not been consistent .Thus Column B would provide an assessment as to the expectations of maintaining? or increasing or decreasing the next 4 payments. The above are just some thoughts - I am a newcomer to the BDC investment club. I look forward to learning.
Cyber-Terrorism: Working The Zombie Apocalypse And Bank Heists Into A Portfolio [View article]
You missed one - ISC8 - SYMBOL ISCI - WEB SITE :http://bit.ly/1057ke9 I have accumulated a long term investment position since almost 2 years ago - April 2011. I have bought when weak and have not taken profits on strength. The lack of liquidity of the shares is NOT friendly to traders. The Cyber Division of ISC8 is dedicated to providing leading edge cybersecurity solutions that aid in the detection, investigation and protection of global enterprises, telecom operators, mobile operators and government agencies against the world’s most sophisticated threats. ISC8 technology enables detection of next-generation malware and Advanced Persistent Threats. With its recent acquisition of Bivio Networks’ NetFalcon and NetControl solutions, ISC8’s Cyber Division is poised to provide its customers with unprecedented visibility into their networks by combining powerful Big Data analytics, unmatched security intelligence, awareness, and control which will analyze, detect, and alert to the most advanced cybersecurity threats. The management of the company, board of directors and board of advisors have undergone a strategic makeover during these past few years. I believe it will grow to become a well known FOCUSED CYBER investment unlike many larger and better known companies which are involved with many other technologies and services. The quote page for Yahoo includes 15 different press releases during these past 6 months.
Sector Relative Strength By Market Cap [View article]
I imagine a service like ETFREPLAY.com might help investors put this valuable and value added information to practical use using indicators generated by relative strength created by the individual using their own specific input of emphasis and selection of sector ETFs. I have no connection with ETFREPLAY - but I am reasonably able to see numerous articles and have reviewed their site to come to these conclusions. Anyone using Seeking Alpha knows to do their own DD. So all I am attempting to do is to remind those who read this value added and informative discussion of relative strength measurements to determine potential changes in relative strength trends and capture /avoid the wrong side of the waves… and that ETFREPLY is available to check out.
Calling All Tax Geeks: Calculating The Cost Of New Tax Increases [View article]
Curiosity: I am retired with only IRA investments - about 80% Traditional and 20% recently converted to Roth. I do not have any personal "taxable" portfolios of investments. Thus, like many in my position, I do not "care" about income vs capital appreciation within my IRAs. But I do tend to focus on the income component of the total return potential of investments within both of my traditional and Roth IRAs. It seems that you have spent a lot of time in senior sales positions with writings which emphasize Tax issues. To what extent do you have a formal tax/accounting education. I plan on sending your items to my CPA who does my tax prep work and thus I am sure she will ask me this. Perhaps this would be of interest to others who "follow" you as I do. Thanks for your interesting articles. Tal Fletcher 415-454-3777
Global Events Are Pointing To A Market Pullback Very Soon [View article]
It will be interesting to learn of Jim Chanos's views on the steps China government is taking on the multitude of residential real estate buildings in a multitude of cities throughout China - recently (in past five years) completed but still totally vacant and the fact that they are continuing to be built - and not attracting residents - despite literally HUNDREDS of empty buildings. "who"is financing these buildings and total cities of buildongs with no one paying rent for inhabiting them? Jim Chanos might have some "informed" answers. Perhaps he should visit China along with our new Secretary of State. China's future health is an important "assumption" to the global economic well being.
Dividend Aristocrats Vs. Select Dividend Index [View article]
Next,perhaps a comparison with DOD and SDOG actual - since inception - and theoretical using computers and other "what if" comparative data.
Another confusion point for many - at least me - to what extent do charts (Like StockCharts.com) include the effects of dividends? and assuming I am correct and they do not, are there services which can provide this without having to add up the monthly or quarterly income and cap gain payout distributions? For example many high yield stocks and all the aristocrat dividend paying stocks show the typical chart - say the low price is 10. And 3 years or 10 years later it shows a price of 30. It appears it it up 200% but such charts do not show the real return which should show a totalreturn including an assumption of dividend reinvestment Is their a charting service which shows both and or one which acknowledges that the stock price is up 200% but in addition the company paid $ x dollars of cap gain and income along the way?
Thomas: I hope you stay with providing well written research comments on stock of interest to you. I note some of your followers own the stock, own the preferreds and some own both. Of the preferreds, with different stated rates of payments, are there any specific items with regard to each of the three which make one more attractive than the other - other than the "Yield to call/maturity" vs "Current yield" and or the years to maturity?
Company-specific risk for tech stocks is at its highest level in 5 years, claims Morgan Stanley's Adam Parker. He thinks this "typically this bodes well for alpha generation in the technology sector," and suggests investors focus on individual equities rather than sector/thematic plays. Meanwhile, Bespoke observes 28 out of 70 S&P 500 tech stocks (40%) now yield more than 2%, giving them a payout above that of 10-year Treasurys. STX tops the list at 4.9%, followed by INTC at 4.35%. [View news story]
Would be interested in seeing a list of Hi Tech companies traded on the NYSE and or available to U.S. Investors which are known global leaders in the various hi Tech sectors which have been consistent dividend payers over the past few years. Obviously an ETF which focuses on such attributes would be of interest to those seeking some diversification.
Enzo Investors Have To Be In It For The Long Haul [View article]
Now that the market has significantly revalued the shares almost 40% cheaper than they were only 2-3 months ago, and based on Friday's close and the fact that management will undoubtably be conducting multiple coast "one-on-one" meetings and multiple conference calls with concerned "institutional investors" due to these past few days of "no buyers", it will be interesting to watch the market for signs as to how management has guided sell side analysts toward valuing current price with current and future expectations relating to potential growth in the company business and important longer term product revenue trends.
Bill Gross PIMCO ETF Hits Lifetime High As Bond 'Great Rotation' Debunked [View article]
vs
Risk adjusted total returns without reinvestment of payouts
BOND was significantly less volatile than TLT starting at inception of BOND
TLT dropped 11 % from its 129.7 high to last months low of 113.37.
During the same time the biggest drawdown for BOND was less than 2% and it hit it's all time high this week while TLT is still 6% below its 2012 high.
Gastar Exploration - Huge Well, Stock Buyback, New Resource Play, Litigation Resolved [View article]
A Winning Combination Of ETFs: Low Volatility, Dividend Growth, And Momentum [View article]
source of finding a common holding.
If so, it might help unearth some individual issues with higher yield.
Or just use SPHD and PDP plus appropriate filters to seek greater yield with good technical momentum.
Have you come up with any additional common holdings when using the 7 ETFs you currently have?
Is there a service which helps one compare ETF portfolios?
I like Dividend ETF Channel but not sure if it can do such a search.
PennantPark Floating Rate Capital: The Good, The Bad And The Maybe? Part 21 [View article]
Since then, there seems to be a glass ceiling at 14.
Am I missing soething? or did the 3mm share offering at 14 not get placed in (at least relatively) strong hands?
High-Beta Or Low-Volatility ETFs? [View article]
it appears that SPLV has outperformed on an absolute and risk adjusted basis.
It appears that it has also outperformed SPY on a risk adjusted basis -
From the bottom of any market,one would expect that theETF with the highest beta will out perform
Since inception of sphb in may 2011
splv is up 10%
Spy is up about 18%
for unknown (to me) sphb is down 1% ???
The Best REIT And Private Equity Dividends This Week [View article]
21 BDCs - The Good, The Bad And The Maybe? Part 17: Gladstone Capital [View article]
===
on another subject - a thought relative to BDC BUZZ'S worksheet which is really helpful might be to modify the current PAYOUT column to include an evaluation of
(A) past payout based on analysis of management's ability to generate a consistent stream of past payouts based on the mix of their BDC investments
and
(B) Projected future ability of management to maintain or improve payouts during the next 12 months.
Just a thought
I note that TCPC declared and paid a dividend of 40 cents on 3/13. At a price of $15.62 with $1.49 training 12 month payouts, the current yield is 9.5%. The above proposed column B would provide an observation as to the potential that the current mix of BDC holdings will enable management to maintain or generate future growth of dividend payout.
In the caae of BDCl, shows a trailing 12 month payout of about
12 %. But the 7 past payouts have not been consistent .Thus Column B would provide an assessment as to the expectations of maintaining? or increasing or decreasing the next 4 payments.
The above are just some thoughts - I am a newcomer to the BDC investment club. I look forward to learning.
Cyber-Terrorism: Working The Zombie Apocalypse And Bank Heists Into A Portfolio [View article]
WEB SITE :http://bit.ly/1057ke9
I have accumulated a long term investment position since almost 2 years ago - April 2011. I have bought when weak and have not taken profits on strength. The lack of liquidity of the shares is NOT friendly to traders.
The Cyber Division of ISC8 is dedicated to providing leading edge cybersecurity solutions that aid in the detection, investigation and protection of global enterprises, telecom operators, mobile operators and government agencies against the world’s most sophisticated threats. ISC8 technology enables detection of next-generation malware and Advanced Persistent Threats. With its recent acquisition of Bivio Networks’ NetFalcon and NetControl solutions, ISC8’s Cyber Division is poised to provide its customers with unprecedented visibility into their networks by combining powerful Big Data analytics, unmatched security intelligence, awareness, and control which will analyze, detect, and alert to the most advanced cybersecurity threats.
The management of the company, board of directors and board of advisors have undergone a strategic makeover during these past few years. I believe it will grow to become a well known FOCUSED CYBER investment unlike many larger and better known companies which are involved with many other technologies and services. The quote page for Yahoo includes 15 different press releases during these past 6 months.
Sector Relative Strength By Market Cap [View article]
I have no connection with ETFREPLAY - but I am reasonably able to see numerous articles and have reviewed their site to come to these conclusions.
Anyone using Seeking Alpha knows to do their own DD.
So all I am attempting to do is to remind those who read this value added and informative discussion of relative strength measurements to determine potential changes in relative strength trends and capture /avoid the wrong side of the waves…
and that ETFREPLY is available to check out.
Calling All Tax Geeks: Calculating The Cost Of New Tax Increases [View article]
I am retired with only IRA investments - about 80% Traditional and 20% recently converted to Roth. I do not have any personal "taxable" portfolios of investments. Thus, like many in my position, I do not "care" about income vs capital appreciation within my IRAs. But I do tend to focus on the income component of the total return potential of investments within both of my traditional and Roth IRAs.
It seems that you have spent a lot of time in senior sales positions with writings which emphasize Tax issues.
To what extent do you have a formal tax/accounting education.
I plan on sending your items to my CPA who does my tax prep work and thus I am sure she will ask me this. Perhaps this would be of interest to others who "follow" you as I do.
Thanks for your interesting articles.
Tal Fletcher
415-454-3777
Global Events Are Pointing To A Market Pullback Very Soon [View article]
Jim Chanos might have some "informed" answers. Perhaps he should visit China along with our new Secretary of State. China's future health is an important "assumption" to the global economic well being.
Dividend Aristocrats Vs. Select Dividend Index [View article]
Another confusion point for many - at least me -
to what extent do charts (Like StockCharts.com) include the effects of dividends? and assuming I am correct and they do not, are there services which can provide this without having to add up the monthly or quarterly income and cap gain payout distributions?
For example
many high yield stocks and all the aristocrat dividend paying stocks show the typical chart - say the low price is 10. And 3 years or 10 years later it shows a price of 30. It appears it it up 200% but such charts do not show the real return which should show a totalreturn including an assumption of dividend reinvestment Is their a charting service which shows both and or one which acknowledges that the stock price is up 200% but in addition the company paid $ x dollars of cap gain and income along the way?
RAIT's Turnaround Gains Momentum [View article]
I note some of your followers own the stock, own the preferreds and some own both.
Of the preferreds, with different stated rates of payments, are there any specific items with regard to each of the three which make one more attractive than the other - other than the "Yield to call/maturity" vs "Current yield" and or the years to maturity?
Company-specific risk for tech stocks is at its highest level in 5 years, claims Morgan Stanley's Adam Parker. He thinks this "typically this bodes well for alpha generation in the technology sector," and suggests investors focus on individual equities rather than sector/thematic plays. Meanwhile, Bespoke observes 28 out of 70 S&P 500 tech stocks (40%) now yield more than 2%, giving them a payout above that of 10-year Treasurys. STX tops the list at 4.9%, followed by INTC at 4.35%. [View news story]