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  • Sharks Are Closing-In On Clean Energy Fuels [View article]
    Not only will it reduce fuel cost but engine life too. Personally I can't wait for the data to come in on engine life with both CNG and LNG compared to diesel. Down time and cost for major overhauls is a major factor IMHO.
    Feb 6, 2014. 09:09 PM | 1 Like Like |Link to Comment
  • Beaten-down American Capital Mortgage (MTGE) sees a big buy, with Pine River Capital (they run TWO Harbors) reporting the addition of nearly 4.4M shares to its previous 1M share stake. The stock's off nearly 40% since an ugly Q1 earnings report in early May (along with sister-company AGNC) was compounded by the fast rise in interest rates since. [View news story]
    Pine River bought 6/26 so a guesstimate at 22.50+
    Jul 10, 2013. 05:16 PM | Likes Like |Link to Comment
  • Is American Capital Agency Really This Cheap? [View article]
    The bears are rampaging the bond market. The banks and REITs are loaded up with long term US debt. The losses are not isolated to AGNC. Think of the hit the FED has taken. Think of the hit the banks have taken. Think of the hit the US government with $17 trillion in debt is taking. This is a lot bigger than AGNC. The feral hogs Fisher spoke of are charging. The true question is will the Fed clean their clocks or will the Fed lose the battle.
    http://bit.ly/1bgT6ff

    http://bit.ly/1bgT6fg
    Jul 7, 2013. 04:52 PM | Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Bondholders in the United States alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the Bank for International Settlements said on Sunday.

    The BIS said in its annual report that a rise in bond yields of 3 percentage points across the maturity spectrum would inflict losses on U.S. bond investors - excluding the Federal Reserve - of more than $1 trillion, or 8 percent of U.S. gross domestic product.

    The BIS acknowledged that bond yields were unlikely to rise 3 percentage points overnight. But it noted that big moves can happen quickly: in 1994 yields in many advanced economies rose by about 2 percentage points in the course of a year.

    Defense of Austerity

    Brushing aside the contention that austerity is counterproductive, the BIS said countries must redouble their efforts to make their debt manageable because growth alone will not do the job.
    "Over indebtedness is one of the major barriers on the path to growth after a financial crisis. Borrowing more year after year is not the cure," the report said.

    http://bit.ly/14qNgDi

    With all of the stimulus I think it will be worse IMHO.
    Jun 23, 2013. 04:13 PM | 1 Like Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    $17 trillion in debt is insane too, plus another $642 deficit and the recent interest rate increases have pushed that to another plus or minus $170 billion on that. A $ trillion buyer is going to pull out of the market and who is going to take his place and soak up all those bonds to be bought? Mutual and hedge funds are at best sitting on the sideline and at worst shorting treasuries. Its insane to say inflation is 1.2% when every thing is going up food, gas, electric, property tax, health insurance (14% per year) water&sewer, you name it its up close to 10%. The Fed said they are going to INTENTIONALLY push inflation up. So they may be able to pee on your leg and tell you it raining but not mine. Bond investors expect a real rate of return above and beyond inflation and taxes. The certifiably insane in DC believe 1.5% for debt service is reality. I think they are about to meet some sane adults.
    Jun 22, 2013. 06:35 PM | Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Well I thought the AGNC dividend was rolling in on 5 million shares or more. That is a nice chunk of change. Correction would have been a nice chunk of change.

    It is a nice gain. They have been pretty good investors over all. I was sad to see them go into ECAS. I hope they can get even and out of Europe.
    Jun 22, 2013. 05:46 PM | 1 Like Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Wow! thanks for the info. Clearly I'm getting spread too thin. Those were wild and crazy times when they sold and I just missed it. ACAS was grabbed by the ankles and had their pockets shaken out at that time due to " technical" covenant defaults.

    I hope they get back in, I like chefs who eat their own cooking.
    Jun 21, 2013. 04:15 PM | 1 Like Like |Link to Comment
  • Is American Capital Agency Really This Cheap? [View article]
    FYI

    http://onforb.es/1083ZLQ
    Jun 21, 2013. 03:03 PM | Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Yield went high and stayed high. I didn't say they rose until 86, it was only then that 1,2,3, year ARMs started things up again with rates under 10%.

    Wow what did you make of such a flat yield curve 14% for less than 2 year money and 15.2% for 30 year money?

    I was a carpenter in 79 and mortgage rates went to 22% and they wouldn't lend if you were crazy enough to want a loan. People walked away from new homes being built 3/4 finished. Money was super tight. I didn't watch the rates I felt the rates as builders couldn't pay me and all new construction stopped dead in its tracks.

    I also never heard an economist with just one hand.
    Jun 21, 2013. 02:40 PM | Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Sounds like you weren't alive in late 1979. Check the interest rates from 1979 to 1986. 14 1/2% to 20%. Money markets were paying 16%.
    Jun 21, 2013. 10:37 AM | Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Do you have the link to those sales?
    Jun 21, 2013. 10:29 AM | Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    I had a ton of CMGI I bought it around 97 at $15 sold it about 12/31/ 99 just before the 72 point day. I bought SFE with the proceeds and it spun out ICGE and a few others split a couple times and went to $300. I had so much in it I drove from Tacoma WA to Phily for the annual meeting and arranged a tour of Sanchez computer and ICGE. ICGE had a market cap twice Ford's. It was the size of a 711 with cubicles. I asked the CFO wheres the rest? He said this is it. Lucky for me I sold all my internet stocks and bought Lucent, GE, Enron, Comdisco, big blue chippers and look how that turned out. LOL Its only money.
    Jun 20, 2013. 11:25 PM | 1 Like Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Great job Scott, thanks. Each 100 basis points cost the federal government $170 billion in additional interest. They are currently running a $642 billion (very optimistic) deficit on $17 trillion already in debt. Our clueless President and Congress have had plenty of time to get their s--t together and start balancing the budget and prioritizing cuts. The bond bears have been sharpening their teeth since QE1 and 0%. Bill Gross already got burned once shorting too early. "If the ten year cracks 2.5% its a jailbreak" Art Cashin's words not mine but I agree 100%. The Fed only controls short term rates, IMHO next stop is 6% maybe more. Which would add $765 billion in interest alone to the budget. The weeping and moaning over sequestration, a cut in growth, is nothing compared to $765 B being ripped out of the federal government spending $3.6 T. Major mandatory cuts will occur in pretty much everything. The danger the Fed ignored when they went to zero was interest rates could only go up from there. Lots of people are chomping at the bit to short Federal debt. We shall see how this all plays out.
    Jun 20, 2013. 11:02 PM | 2 Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Welcome to the machine
    Jun 20, 2013. 08:55 PM | Likes Like |Link to Comment
  • American Capital Agency's Q2 2013 Dividend Compared To Its Peers [View article]
    Your precision is correct. I wonder what a conversation sounds like between AGNC's chairman and CEO and ACAS's Chairman and CEO. I'll bet its pretty silent. I don't think Malon Wilkus talks to himself.
    Our Manager is a majority-owned subsidiary of a wholly-owned portfolio company of American Capital, Ltd. (Nasdaq: ACAS).
    http://bit.ly/N6qg3p

    I never heard ACAS sold their original AGNC shares? Did they reinvest dividends? If you have the info of the sale of these shares I'd like to see it.

    American Capital Strategies, Ltd. (NASDAQ: ACAS) has a subsidiary called American Capital Agency Management, LLC, and it will manage the new operations. This new IPO will trade under the ticker "AGNC" on NASDAQ. American Capital Strategies will also purchase $50 million of the common stock offering in a private placement. Read more: IPO FILING: American Capital Agency Corp. (AGNC, ACAS) - 24/7 Wall St. http://bit.ly/11BVFBO
    Jun 20, 2013. 08:46 PM | 1 Like Like |Link to Comment
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