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  • Is Ares Capital A Buy At $17?  [View article]
    I just missed adding to my position when it was close to $16.50, or on the ex-div date, when it also got below $17.
    Jun 16, 2014. 03:42 PM | 2 Likes Like |Link to Comment
  • Pot getting more potent  [View news story]
    There is no new danger from stronger pot. There were always different qualities and strengths, and you just smoke more or less depending on the quality. You can tell right away what you're dealing with, and if you're way high, you stop! If you're not, you take another hit. Better quality actually means less consumed, which is a good thing for any of the damages due to combustion products.
    May 22, 2014. 01:53 PM | 5 Likes Like |Link to Comment
  • Evaluating AT&T Through The Eyes Of New Money  [View article]
    Since the stock has just made a move of over 10% up, I could see where it might now be closer to fairly valued. This analysis a month ago would have been more interesting. What would the score have been when ATT was at $32?
    Apr 3, 2014. 09:29 AM | 6 Likes Like |Link to Comment
  • Undervalued Deere Earns A Spot In The Incomers Portfolio  [View article]
    Added to my position at just under $82 on the recent dip, but of course, didn't add nearly enough as it turns out! I'm wrestling with whether to trim a bit here, as I agree with wizjinx, that the momentum seems tough to maintain. I may put a stop in for some @ $90, to at least book that level of profit if it does go down, and if keeps going up instead, that's all good!
    Dec 26, 2013. 04:33 PM | Likes Like |Link to Comment
  • How AT&T Can Safely Yield 10% Or More  [View article]
    I believe the options profits ($125 in the example) are taxed as short term, but the stock profits, if held for 12 months, are long term, which for my bracket = 0% tax!
    Sep 16, 2013. 09:12 AM | Likes Like |Link to Comment
  • Southern Co: Controversy Breeds Opportunity  [View article]
    I've got 2k shares at about $2 below the current price. Barring something unforeseen, I'll be holding onto those, and watching the dividends roll in!
    Aug 7, 2013. 08:00 AM | Likes Like |Link to Comment
  • Linn Energy (LINE -8.3%) and LinnCo (LNCO -10.8%) are off to another terrible start; shares have dropped ~38% and ~36% respectively since Tuesday's SEC inquiry announcement. The impact on Berry Petroleum (BRY -1.5%) has been less severe - shares have dropped ~7% - as some say its chances of getting another takeover offer are high if things don't work out with Linn.  [View news story]
    Every day I keep thinking the bloodbath will be over. I keep holding on, rather than taking the loss, thinking that some kind of bounce is coming next. I had a 5% position in LNCO, so if I've lost 40% of 5%, that's a quick 2% of my total portfolio lost on one stock in just a few days!
    Jul 5, 2013. 10:22 AM | 1 Like Like |Link to Comment
  • Jim Cramer explains his quick turnaround on Linn Energy (LINE -14.1%) after yesterday's rout: "I did like the company, but they're being examined... you can't have even examinations of accounting irregularities... accounting irregularities equals sell." As recently as June 19, Cramer had passionately defended the stock. LNCO -11%[View news story]
    I hope this in indeed an opportunity but I'm so far under on this one (LNCO) now, that I can't convince myself to buy any more. Even if I believe that one day it will return to my ~$36 basis, I already have about a 5% position in this one, and that's all the bigger I'm going!
    Jul 3, 2013. 12:44 PM | 4 Likes Like |Link to Comment
  • BP Is Having A Panic Attack Over Business Economic Loss Claims  [View article]
    I agree that it's about time BP started pushing back a bit. There is no doubt that plenty of inflated, or truly false claims have been made. I spent a week on the Gulf coast last winter, and the TV ads from lawyers were sickening! "Even if you don't think your business suffered any losses, call us anyway, we may still be able to get you money."
    You can't play dead forever, and let the vultures feast. At some point you need to defend yourself.
    Jun 28, 2013. 08:32 AM | 7 Likes Like |Link to Comment
  • Southern Company: 4.49% Yield With Growth Potential  [View article]
    I reduced my position @ $47.50 and am watching carefully for a spot to get back in. Already $2 down from my sell point, so I'm happy with that decision, whether I ever ad any back or not.
    May 27, 2013. 08:48 PM | Likes Like |Link to Comment
  • Buy Bristol-Myers Squibb On The Pullback  [View article]
    I am a holder of BMY, and agree it's a great stock, but I have a hard time calling this a pullback. It's spent most of the last year between 30 and 35, had a quick run to 41, and now that it's at 40.7 (at this moment) this is a pullback? It's like 1% from it's peak! I like the stock, but no way I'm adding more here.
    Apr 8, 2013. 02:47 PM | 2 Likes Like |Link to Comment
  • Analysts at Simmons say the scale of BP's (BP +2.4%) $8B buyback, at more than 6% of BP’s market value, is larger than it had expected by ~$1B. But not everyone thinks it's money well spent: $8B spread over BP’s outstanding shares could pay a one-time dividend of ~$2.50/share, and there's little doubt what most shareholders would choose if they could.  [View news story]
    Picked some up last week @ $40.50
    Obviously wish I'd picked up a whole lot more!
    I'd take the dividend too, but if the stock price goes up the same $2.50 AND you still get the current dividend, that doesn't sound so bad either. I think this is still a decent spot to get in if you can get it near $40.
    Mar 22, 2013. 05:23 PM | 2 Likes Like |Link to Comment
  • Is LinnCo LLC The Perfect Income Stock?  [View article]
    It seems to have a pretty clear pattern, trading down to ~36, then up to ~40, and back again. Going on that, I just lightened up a bit, and will either ride up what I've got, or add to it if we get another dip.
    Mar 14, 2013. 04:12 PM | 2 Likes Like |Link to Comment
  • Cheniere Energy Partners (CQP) -4.8% premarket after announcing a direct offering of 17.6M common units to investors affiliated with Asia-focused PE fund RRJ Capital and Blackstone (BX) unit GSO Capital. CQP intends to use ~$372M in net proceeds toward the liquefaction project being developed adjacent to the existing Sabine Pass LNG terminal and for general business purposes.  [View news story]
    It happens every time one of these MLPs offers more shares. The price goes down, I buy some more, and then it goes back up. It's all good!
    Feb 25, 2013. 09:14 AM | 1 Like Like |Link to Comment
  • Linn Energy's Acquisition Will Mean Dividend Growth For Investors  [View article]
    Go for LNCO instead, and save the K-1 headaches. Still get the same 8% yield.
    Feb 22, 2013. 11:52 AM | 2 Likes Like |Link to Comment