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Pinkrabbit

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  • Alon USA Partners +3% as Citigroup upgrades to Buy [View news story]
    They say total distributions will rise by .25-.45 in 2015. Terrific! Doesn't mean much if you do not know what 2014 will look like.
    Mar 17 05:32 PM | Likes Like |Link to Comment
  • Seadrill: Why This Stock Is Undervalued And Should Be Owned By Every Investor [View article]
    If the price keeps dropping, it will hit 12%. That's my buy in target but I'm content to wait to see where it bottoms out. The charts seem to suggest it may have. Looks like the support level is around 35.50. Bounced off that number about 3 times this month.
    Feb 20 09:06 AM | Likes Like |Link to Comment
  • Seadrill: Why This Stock Is Undervalued And Should Be Owned By Every Investor [View article]
    I'm hoping Turbo Tax knows what to do with K-1's. I wish I never heard of CVRR and ALDW. I'm a little happier with NTI. I got one K-1 around the first of April last year. I did not bother sending in a revised 1040. If there is a problem, I'm sure the IRS will let me know. Whatever happened to the good ole days when all tax documents had to be released by Jan 31st?
    Feb 19 11:52 AM | Likes Like |Link to Comment
  • Seadrill: Why This Stock Is Undervalued And Should Be Owned By Every Investor [View article]
    I'll be dead in 20 years so my planning horizon is a little shorter than yours. I see selecting a stocking and buying a stock two separate and distinct decisions. I let market consensus make my buying decision for me. Once SDRL bounces off the bottom a couple of times and crosses above the 8 day SMA I will jump in provided the dividends are still attractive (12% plus). I want to make sure, if they do cut dividends, as some have suggested, I am still getting a good return. Right now SDRL looks like a downhill run at the Olympics. They made nice bounce today (up 3.77%). Not sure what that indicates. Bottom prediction?
    Feb 19 11:44 AM | Likes Like |Link to Comment
  • Seadrill: Why This Stock Is Undervalued And Should Be Owned By Every Investor [View article]
    From the above, I seen most of you are far more knowledgeable than I will ever be in analyzing a stock but with all your abilities there is no consensus about SDRL. All investments are a crap shoot. No one can predict the future. If analysis could do that then we would all be rich. That is not to say that checking a couple of things will keep you from doing something stupid.

    Since SDRL's dividend history looks solid and substantial, which it is, then I say buy it and hang on to it until the dividends are no longer attractive and ignore the ups and downs of the stock price. I do not own SDRL now but it will be my next buy.

    This simple approach has served me well since 2007 when I converted my portfolio to focus on dividends. Using this simple approach, other than 2013, I have beaten the indexes handily every year with dividends averaging around 14%. 2014 is coming along nicely and I recovered most of my 2013 losses.

    Who knows what tomorrow will bring but it most likely will not be found on the Balance Sheet or Income Statement. Over the long haul companies generally act in their own best interest which is a good thing for us.
    Feb 18 11:11 AM | Likes Like |Link to Comment
  • Alon USA Partners: Performance And Spread Correlated, Offering 35% Return [View article]
    Most of my holdings were in REIT's last year so I thought moving into MLP's would provide much needed diversity. What a mistake. I bought them in June . CVRR, ALDW and NTI have been major disappointments. Strangely SRV has held its own. I should have put my money in Hybrid REITS instead. I've taken 30-40% hit. Holding CVRR and ALDW since I figure they can't go much lower. Every trading day they manage to do just that. I hope the author is right.
    Feb 8 09:53 AM | Likes Like |Link to Comment
  • Emerging Markets' Woes Are Putting A Spotlight Back On American Capital Agency Corp. [View article]
    Apparently the market this morning does not share your enthusiasm for AGNC in spite the better than expected earnings announcement from CMO. It is down .53%. While the day is young, even its sister MTGE is up .74%. All my other mReits are up as well. Anyone have an explanation?
    Jan 30 10:54 AM | Likes Like |Link to Comment
  • American Capital Agency: The Bottom Is Here And Risk Is To The Upside [View article]
    I have long held that investing in REIT's requires a different mindset than regular equities. It is not about share price and capital gains but about share accumulation and dividends as you have pointed out. The traditional thinking for those investing for retirement is to have your holdings grow in value then sell off 4-6% a year during retirement as a source of income. With REIT's, you do not sell your holdings but live off the dividend stream. The portfolio remains intact and transferred to your family upon your death. The mindset is not to sweat the ups and downs of both the stock price and the dividends. They will recover. I will hold onto AGNC and other REIT's until death do us part.

    Thanks for the nice article. Anyone that thinks like I do is obviously right.
    Jan 24 06:45 PM | 20 Likes Like |Link to Comment
  • Alon USA Partners: Performance And Spread Correlated, Offering 35% Return [View article]
    What is your view on their dividend status given that they paid nothing in the 4th qtr?
    Jan 23 11:30 AM | 2 Likes Like |Link to Comment
  • Examining The Bear Case For Diana Containerships [View article]
    I just recently started a small position in DCIX. I have it on my buy list for the end of the month. I look forward to any future analysis that discusses earnings. Dividends remain my biggest concern which goes hand in hand with the charter rates. Their current earnings forecast looks abysmal with a loss projected for 2014.
    Jan 13 09:54 AM | Likes Like |Link to Comment
  • American Capital Agency's Upcoming Q4 2013 Income Statement Projection (Part 1) [View article]
    Scott:

    WOW! Hard to believe this is just the first of a three part series. Nice job! I hope AGNC and MTGE read your analysis.
    Jan 9 09:04 AM | 5 Likes Like |Link to Comment
  • Ellington Financial book value gains in December [View news story]
    Yes and if I knew what I know now about about Netflix I would have bought it two years ago.

    Dumb comment about buying EFC four months ago.
    Jan 8 08:29 PM | Likes Like |Link to Comment
  • Will The Fed Tapering Help The mREITs? Well, It Depends [View article]
    The one positive side benefit of rising interest rates will be the decline of refinancing which has hurt REIT's in the past. Do you agree?
    Dec 16 12:44 PM | Likes Like |Link to Comment
  • Rising Worries For American Capital Agency [View article]
    Marsha:

    I think one positive aspect of rising interest rates on MBS REIT's is the potential reduction of refinancing of mortgages. Do you agree? I show AGNC's current spread is 1.2%. What is your number?
    Dec 11 02:28 PM | Likes Like |Link to Comment
  • Huge Dividend Payer Western Asset Mortgage Capital Looks Attractive [View article]
    One small benefit of interest rates going up for the REITs will be the reduction of the number of folks refinancing. I would think that would help the BV a little.
    Dec 11 11:26 AM | Likes Like |Link to Comment
COMMENTS STATS
171 Comments
154 Likes