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TimjBaker

TimjBaker
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  • New Strategy And Many New Catalysts Make CONSUL Energy A Buy [View article]
    Incorrect company spelling in title!
    Jul 17 04:04 PM | 1 Like Like |Link to Comment
  • What's The Magic That Moves ARCP? [View article]
    Completely agree. Tim
    Jun 5 11:24 AM | 1 Like Like |Link to Comment
  • Barrons Calls Out These High Yield Plays [View article]
    One more thing, I invest in MLPs, REITs including mReits, BDCs and a slice of income ETFs and CEFs so I don't get much of a chance to look outside those segments due to the sheer amount to review.
    Mar 12 03:02 PM | Likes Like |Link to Comment
  • Barrons Calls Out These High Yield Plays [View article]
    Analyst reports (Citi, JPM, Deutsche Bank, Credit Swiss, Merrill, Stifel, Jefferies, Morgan Stanley, Sterne Agee, BMO, UBS, RBC, Oppenhiemer, Barclays, etc.), Energy Prospectus Group, Value Forum and a selected few authors on Seeking Alfa (Bret being one). There are more, but these keep me busy.
    Mar 11 10:41 AM | Likes Like |Link to Comment
  • Barrons Calls Out These High Yield Plays [View article]
    Barron's has little to no credibility with me anymore, I have many more valuable and insightful reports I ready daily for investment ideas and updates.
    Mar 10 09:32 AM | 3 Likes Like |Link to Comment
  • Bank Of America's Q4 Earnings Were Based Upon Its Own Balance Transfers [View article]
    Loan loss reserves is a non-cash item. Lost me right away with your use of terminology and lack of understanding of how to really analyze changes to loan loss reserves and of loan quality. Banks income statements and, more importantly, balance sheets and off-balance sheet items require much more understanding than you are showing with this article. Trend analysis is also a key. Point in time analysis also does not work.
    Jan 16 12:32 PM | 4 Likes Like |Link to Comment
  • A 2014 Correction Survival Guide: 3 Trades To Make [View article]
    Chairman of AXA said there is a SHORTAGE of high quality, low risk longer duration bonds for those that look for them (insurance companies and pension funds) If we do not have significant productivity adjusted wage inflation (the biggest factor in inflation), I feel strongly that the 10 year will remain lower than most people believe even if the Fed continues its tapering.
    Jan 13 10:22 AM | Likes Like |Link to Comment
  • Why You Must Not Miss Abbott [View article]
    Write covered calls on any purchases and add another 10% or so annualized yield on your holdings.
    Oct 9 01:07 PM | Likes Like |Link to Comment
  • Rail Traffic Continues To Show Economic Expansion [View article]
    You have to wonder what the impact of oil shipments are since that is an increasing part of rail traffic. That would not have much to do with measuring increasing economic activity as much as coal and gain if not more. If anyone has access to this and can overlay that with the report, that may be helpful.
    Oct 5 12:55 PM | 1 Like Like |Link to Comment
  • More on Western Asset Management (WMC) Q3 earnings: Book value/share of $21.76 is below the Sept. 14 update of $22.68, but 7.9% higher than Q2. Net interest spread of 2% vs. 2.45% in Q2. CPR of 4.1% vs. 5.7% during Q2's final month. "In spite of the impact" of QE3, the company remains optimistic it can find places to invest and has taken advantage of lower volatility to increase leverage to 8.5X from 8.3X (some other mREITs are taking caution). (PR[View news story]
    I could agree more laterre. The BV decline they cite makes perfect sense in that they did a secondary just after making that announcement. That said, it was done at 22.20, so I will be looking for some walk through on BV at the earnings call. It should not have dropped below $22. I hope they consider moving more into non-agencies as well.
    Nov 9 09:09 AM | Likes Like |Link to Comment
  • Prospect Capital (PSEC) +1.6% premarket after reporting FQ4 net investment income of $0.51/share +66% Y/Y and vs. FQ4 distributions of $0.30. NAV of $10.83, +0.09% Q/Q, +4.5% Y/Y. FQ4 new portfolio investments of $573M, bringing total portfolio to $2.1B. Annualized current yield on investments of 13.6%. (PR[View news story]
    Solid results, waiting for more color today on the earnings call to track the quality of those earnings (sustainability vs 1x and status of non-accrual/non-perfor... loans).
    Aug 23 08:50 AM | Likes Like |Link to Comment
  • 3 Dividend Stocks To Buy, 2 To Avoid [View article]
    Been in GGN since November of last year and doing DRIPs. Total return -4.96%. Granted I see monthly DISTRIBUTIONS (vs dividends), but NAV destruction impacts market price, so it cannot be pushed aside in the discussion. Very little of the distributions are ROC, most is LTCG and dividends.

    Better total returns and dividend plays in mReits, BDCs and even MLPs IMO which can be enhanced with writing options, which cannot be done with GGN.
    Aug 5 08:50 PM | Likes Like |Link to Comment
  • Annaly: What Is Going On? [View article]
    One thing you can do is lower your weight in long shares and write (sell) more out-of-the-money puts. You gain the income from the puts if they expire worthless or you get assigned with a lower overall cost.
    Mar 13 08:53 AM | Likes Like |Link to Comment
  • Annaly: What Is Going On? [View article]
    Patrick I think you nailed it on the head. I would like to see their CPR come down for sure. I have been adding on dips and writing OTM puts until we see their next earnings report while adding hybrids MITT, MTGE (which I have rotated out of recently) and AMTG.
    Mar 9 02:16 PM | 1 Like Like |Link to Comment
  • ConocoPhillips Nears A Great Buying Opportunity [View article]
    Bret, thanks for providing updates, its appreciated.
    Dec 10 11:46 AM | 1 Like Like |Link to Comment
COMMENTS STATS
40 Comments
38 Likes