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Anonymous 2

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  • The BDC Portion Of My Portfolio [View article]
    Re the earlier comment exchanges
    (3/16 1:54pm to 9:52pm) relative to the total returns of PSEC and other investments such as JNJ going back to 7/27/04.

    JNJ "wins" both with and without DRIP based on
    $10,000 with DRIP
    PSEC= $19,296 vs JNJ=$22,123
    $10,000 without DRIP
    PSEC = $15,254 vs JNJ=$20,038

    The calculator allows this to be compared based on whatever start and end dates
    Mar 17, 2014. 11:51 AM | 1 Like Like |Link to Comment
  • The BDC Portion Of My Portfolio [View article]
    The web site I attempted to provide in the above comments was supposed to provide the
    I am Not sure why it showed as
    Mar 16, 2014. 11:30 AM | 1 Like Like |Link to Comment
  • The BDC Portion Of My Portfolio [View article]
    I use the following to help compare the results of using DRIP in my holdings of BDCs in my IRA and not having to worry about the growing portfolio of a who bunch of odd lot holdings due to the DRIP. Since these odd lots of holdings do not need to be accounted for - for tax preparation reporting purposes if held in an IRA, I like the result of adding more on dips and this site's computer analysis demonstrates the comparative wisdom of such a strategy.

    Thus readers might consider some of the formulas and values used in this site to create a spreadsheet which you - or they - could update once a month which could be sortable using a few of the column headings enabling the user to rank by various criteria.
    Obviously the spreadsheet enables a user to compare various criteria
    of importance to the investor relative to other positions in his portfolio.

    One of the columns in the spreadsheet could provide a measurement of the consistency and/or growth of the 12 month rolling average past dividend payouts, the growth of past NAVs from equity capital gains vs income stream from interest earned by the underlying financings of the companies, comparison of average monthly change in NAV vs similar changes in other total return equity sectors such as:


    These are among my income generating securities. Most of my "growth" consist of (admittedly) the higher and more volatile BioMedPharmaTech sector.

    I recognize that this strategy of using a DRIP in IRAS has been discussed before but just a thought to consider since I use this DRIP calculator to compare total returns ASSUMING DRIP since ideally I'd like to use DRIP in my IRA since - as mentioned above - it does not result or require me to have to calculate or differentiate gains from distributions of income or short vs long term capital gain payouts and thus reduce the amount of trading when I find a specific BDCs which i can hold and actually take advantage of the up and down price volatility (adding more shares when stock price is down).
    Mar 16, 2014. 11:26 AM | Likes Like |Link to Comment
  • Digging Through Finjan's Current Litigation [View article]
    I own a piece of this - bought it back when it was commented on in January - immediately following the seeking alpha publication two big up days and the rest of the volume since then seems to have been the buyers who bought were selling
    and now back to before all the hoop la NO ONE who bought it in those two days has a profit at current price of 6.50.
    I guess it is time for another tout - I'll take it - The market makers will like it -
    In the meantime are there any value added pearls of wisdom to add to the fundamental reason to add more to this cyber play? Compare with FEYE


    or ISCI ??
    Mar 13, 2014. 11:31 AM | Likes Like |Link to Comment
  • BDC Rankings: February 2014 [View article]
    Re HRZN
    what with a 15 % decline in the past month - and back to the 3 year 11 to the low 12 levels - maybe time to take advantage of babies being thrown out with the dirty water?
    Not sure if "missing by a penny" is good for a 15% discount from recent highs.
    or is there something else amiss?
    Mar 12, 2014. 03:36 PM | Likes Like |Link to Comment
  • Outside The Box Yield Plays [View article]
    Re HRZN
    anything new other than they missed by a penny??
    Mar 12, 2014. 03:26 PM | Likes Like |Link to Comment
  • Absurd Bubble Talk [View article]
    Perhaps some more time needs to be devoted to the examination/analysis of the past two or three decades of "peak to peak" periods - the statistical measurements of various absolute and relative valuation data leading up to the "peak". What with the growing use and speed of the internet, the time periods leading to the "fully discounted" valuations has decreased over the years.
    Feb 28, 2014. 11:19 AM | Likes Like |Link to Comment
  • Day 3 Of The Juniper Vs. Palo Alto Patent Trial [View article]
    Have you looked at ENZO ?
    Based on all the public press releases YTD since 2014 and published schedules of a number of expected different trials and settlement negotiations it too has a bunch of "about to be settled" litigations which could provide some pretty good "revenue". Based on recent price action, it appears that investors are expecting some good news for ENZ.
    Feb 28, 2014. 04:15 AM | Likes Like |Link to Comment
  • Total Return BDCs: Q1 2014 Final [View article]
    It might be "of interest' to learn the "why" ("criteria?" "Methodology?" "ELIGIBILITY"?) behind the decision to no longer include BDCs in U.S. INDICIES.
    Feb 25, 2014. 11:38 AM | 3 Likes Like |Link to Comment
  • Total Return BDCs: Q1 2014 Final [View article]
    Might be "of interest" to provide a listing bof indexes which as of yesterday had "x" shares or any of the BDcs in their index and thus provide an estimated total number of shares which need to find a new home. Looks like we have a 30 days of potential weakness and a "one time" opportunity to establish some "buy the dip" positions.
    List in order of current number of shares in total indexes and average daily volume might be helpful too.
    Again,many thanks for you great work. Tal
    Feb 25, 2014. 10:59 AM | 2 Likes Like |Link to Comment
  • Growth In Cyber Security Spending Looks Positive For Security Stocks [View article]
    During these past two years, have you met with or do you otherwise know the new members of corporate leadership, investment banking relationships and resulting steps taken during these past two years to clean up the balance sheet and refocus their R&D efforts to produce global revenues and profits from cyber products and services at ISC8?
    Feb 15, 2014. 09:39 AM | Likes Like |Link to Comment
  • What A 118-Foot Superyacht Can Teach Us About Investing [View article]
    You referenced NOBL at the top of your article - a recent ETF offering which appears to be an alternative investment in a portfolio of the SP500 Aristocrat companies and thus a new competitor for investor dollars seeking "risk adjusted" total returns over a period of years which match or exceed the net after fees the total returns of SDY, VIG, DVY and others with similar objectives. ("Risk adjusted" defined as less standard deviation of the rolling 12 month yields - assuming the reinvestment of dividend payouts - of the alternative ETF funds.

    I am sure there are others but I use the following to compare past Total Returns of dividend paying securities which include an option to show effect of an investor using a DRIP plan (best to use in an IRA) which is an efficient way to compound the dividends paid by the investment. This calculator also provides an option to compare the various outcome over periods of time with either an index or another alternative security:

    NOBL looks like it will offer competitive "total returns for an investor using a dividend reinvestment plan, but at what expected estimated current rate - and to what extent do you expect their trailing 12 month rate of payout will reflect a similar "growing" dollar payout (as do the individual Aristocrat Dividend paying underlying companies) it is attempting to replicate?
    There are very few ETFs which provide such a "growing dividend payout record since inception.
    Of the current alternatives, which have a multi year track record, which show the best (1) Consistency and (2) an actual "growing" dollar dividend payout) (3) better risk adjusted (the same or better with less standard deviation) returns?
    Feb 13, 2014. 12:26 PM | Likes Like |Link to Comment
  • Gary Kain Is Buying Mortgage REITs At A Discount. Should You Follow His Expert Advice? [View article]
    David:Thanks for your 11:43 am reply re my comments about the Yahoo Finance charts
    From what i gather, the Yahoo Finance charts do not show the effect of dividends - only price change for the periods of time.
    Obviously, it would be "of interest" to at least me to know the names and website of any charting service(s) which DOES take into consideration the dividend payouts (including capital gain payouts) of companies and or mutual fund or ETFs - assuming any and all payments by the companies to shareholders are reinvested in company (or MutualFund or ETF) shares at the time of payment.
    Thanks again
    Feb 8, 2014. 10:49 AM | Likes Like |Link to Comment
  • Gary Kain Is Buying Mortgage REITs At A Discount. Should You Follow His Expert Advice? [View article]
    I used Yahoo finance comparative charts to compare AGNC, SDY and SPY performance since the inception of AGNC through the date of November 13 2013 (Not sure why the author did not use comparison to include these past three months). But this chart shows thatv AGNC underperformed both the SPY and SDY. The Author's chart shows "Total Return".
    Perhaps the Yahoo Finance charts only show price - not adjusted for dividends. To me - I must be missing something important - all charts should include an option(s) - one showing only the price change (not adjusted for dividends) - or better yet dividends included and assumed reinvested using a DRIP.
    I would appreciate feedback as to what I am obviously missing.
    Feb 6, 2014. 11:36 AM | Likes Like |Link to Comment
  • Palo Alto Networks: 3 Different Insiders Have Sold Shares This Year [View article]
    TSRE - a nice call
    Within a day it hit the DOWN trending
    obviously a close above this would be nice
    but the steepness of the longer term negative momentum indicates it will require a lot of volume to confirm the turnaround in fundamentals.
    Feb 1, 2014. 07:29 PM | Likes Like |Link to Comment