7.19% Dividend Payer Rentech Nitrogen Partners Is Breaking Out [View article]
Technically, I considered it to be a Fibonacci retracement with the expectation that it now breaks into the low 50's.
The div was announced and is $0.75.
I never got out of any of my shares basically because it did not continue its hyperbolic climb and did the Fib retrace.
For 2013, I look at a company with expanded production at a previously existing facility, the addition of a new facility and a foray into the nonAg arena with its diesel enhancer.
And, if, there are no plant outages with Corn retaining most of its price appreciation, I believe RNF will have a banner year.
That being said, it never hurts to take some profit.
And I have a place in mind to put the proceeds, having made an initial purchase of CVRR at $28.50 yesterday based on a Barrons Online article.
7.19% Dividend Payer Rentech Nitrogen Partners Is Breaking Out [View article]
very good assesment of both current and future prospects for this company.
I purchased on the open market the day after the IPO, again when it dropped below $20 and as it moved around in the mid-20's. The last purchase came when it broke above $40 decisively.
My average cost combined is around $25. So yes, I too am looking to take something off the table hereabouts, maybe 1/3rd to 1/2 with the expectation of a pullback to the $40 level where I want to buy it all back.
I follow Joe Bastardi of AccuWeather.com who predicts that last year was the start of multi-year dryness in the Mid-West reminicent of the Dust Bowl years.
Prospect Capital - Record Year, Bullish Indicators, But Wait [View article]
The Div. increase was not 2.8% nor was the div hike from .107.
The div was around .1016 when hiked to .11 or an increase north of 8%.
As far as the increase in the number of shares, you may look at it negatively but I take into account that Institutional Investors like Mutual Funds are loath to buy shares of companies where the number of shares outstanding are so limited that moving 10+ k shares around can cause inordinate price swings.
I am looking for greater interest in PSEC as investors hunt for higher payouts to offset the tax increases already passed.
Whose Interests Were Put First In Freeport McMoRan's Acquisition Of McMoRan? [View article]
MMR has liquidity problems, of course.
But in the past FCX has always come in to finance them. Need to put bids on adjacent acres, MMR goes to FCX.
But one of the bigger pies in MMR's locker is the ability to build an LNG terminal on an island in the Gulf. The storage capability is already in place. I don't know its current status other than it was permitted and then blocked by politicians.
For me, it was a long term hold, now who knows.
Meanwhile FCX has a major problem which is the Govt of Indonesia. They want a "piece" of FCX's copper and gold mine there. (the world's largest) FCX wants to give them 9.6%. The Govt. wants 51%.
Axion Power: A Battery Manufacturer Charging Forward [View article]
In other words, you don't know.
You are making Speculations and treating them as if they were Facts.
I'll give you a few of facts from your dissertation:
The DOE denied a a grant where GM was a co-applicant as late as last year. Stellar results from a major competitor, BMW, over 3 years but GM didn't align itself with Axion anyway.
Axion's management said that they expected to begin testing in heavy trucks, they did not say they had a partner did they? You are making an assumption that there is one.
"I don't know who the undisclosed parties are that Axion has signed NDAs with, but I know the relationships exist. Therefore I know that stock purchases by directors and officers would be illegal under Federal law."
You are violating existing Federal Law by your very knowledge of something which is Material to the company but has not been made Public.
" but I know the relationships exist."
Thank you for finally admitting it.
A guess here, a speculation there, shoot down anyone digging too deeply, Insider Knowledge and a "Buy, Buy, Buy".
Axion Power: A Battery Manufacturer Charging Forward [View article]
2 excerpts of yours from previous comments:
"It's your choice. Would you rather have one share of a stock that's likely to lose at least half of its value over the next year or 135 shares a stock that could easily be a 5, 10 or even 20 bagger in the same time frame."
"I have explained to you that it's a civil and potentially criminal violation of the Exchange Act for an officer or director of a public company to buy stock when he's in possession of material non-public information such as the identity of testing partners who have not been publicly identified because of NDAs.
Why you think careful compliance with the requirements of Federal law is a bad thing is absolutely beyond me."
I believe in Compliance, do you?
You make the claim that there is no Insider buying because of the existence of NDAs which have not been made public.
You also expect that Axion's shares will go up anywhere between 500 to 2,000% in the next year.
For the Record, Mr. Peterson is not only a "former" director of Axion but was also the former Chief Financial Officer whose original investment in the "startup" gave him 20 + Million shares.
Since the existence of Any NDAs, let alone a multiple, have not been made Public, and you have extravagant price goals for Axion over the next year, what do you know that I don't?
The web page for Axion as found in a couple of their Public Press Releases is axionpower.com . Try it.
Wall Street Breakfast: Must-Know News [View article]
Got tired of getting abused by a charlatan who professes not only to see the future but to have material Insider Info.
So came to Breakfast because I used to just come and read but saw the vein and tossed in my 2 bits.
I grew up in the Chicago area where you can find Politics at its nastiest, a large welfare environment and a gimmee, gimmee mindset. Generations of exposure to union power and Jesse Jackson and ilk. (around 60 yrs worth)
I never thought the rest of the country would decline to Chicago standards.
Wall Street Breakfast: Must-Know News [View article]
Once upon a time, it was come to America "the Land of Opportunity".
I don't have a clue as to what all of you think this meant but to me it meant the Chance to get Rich relative to what one had before.
Even the poor here are wealthier than a vast majority of those in Undeveloped countries who are lucky to have a tent as a hospital or are able to survive a draught.
If you don't have to work, you won't because you are cared for from birth to grave by some sort of Gov. program. When you get more from the Gov. than you would if you were employed at some "menial" job, you no longer have an incentive to work.
The "poor"? Define the poor. They get Food Stamps but walk around with cell phones. Are these the Poor?
Its all relative, America's poor are rich relative to Vietnam's, Iran's, India's, etc. They have everything they need to live and they live better than many elsewhere.
But they want more without the work involved, I am truly sorry for what this country has become.
Axion Power: A Battery Manufacturer Charging Forward [View article]
You live in a world of your own making John.
Insider Trading services abound. From Barron's and Forbes to Microsoft and Yahoo. My own particular Favorite is J3SG.com.
They cover the gamut from penny stocks to Berkshire Class A. And all of them consider Insider Trading Buying/Selling as indicators of what the future holds for a particular company.
Spin, spin, spin away but go back more than 3 years and you will find that Axion had Insider Buying.
Far Oversold, 8.3% Dividend Payer Rentech Nitrogen Partners May Rally On Financing News [View article]
Judging by the moves by all of them to date, apparently a Lot.
7.19% Dividend Payer Rentech Nitrogen Partners Is Breaking Out [View article]
The div was announced and is $0.75.
I never got out of any of my shares basically because it did not continue its hyperbolic climb and did the Fib retrace.
For 2013, I look at a company with expanded production at a previously existing facility, the addition of a new facility and a foray into the nonAg arena with its diesel enhancer.
And, if, there are no plant outages with Corn retaining most of its price appreciation, I believe RNF will have a banner year.
That being said, it never hurts to take some profit.
And I have a place in mind to put the proceeds, having made an initial purchase of CVRR at $28.50 yesterday based on a Barrons Online article.
Good fortune all.
7.19% Dividend Payer Rentech Nitrogen Partners Is Breaking Out [View article]
I purchased on the open market the day after the IPO, again when it dropped below $20 and as it moved around in the mid-20's. The last purchase came when it broke above $40 decisively.
My average cost combined is around $25. So yes, I too am looking to take something off the table hereabouts, maybe 1/3rd to 1/2 with the expectation of a pullback to the $40 level where I want to buy it all back.
I follow Joe Bastardi of AccuWeather.com who predicts that last year was the start of multi-year dryness in the Mid-West reminicent of the Dust Bowl years.
RNF is ideally poised to take advantage of this.
Keep up the good work.
Prospect Capital - Record Year, Bullish Indicators, But Wait [View article]
The div was around .1016 when hiked to .11 or an increase north of 8%.
As far as the increase in the number of shares, you may look at it negatively but I take into account that Institutional Investors like Mutual Funds are loath to buy shares of companies where the number of shares outstanding are so limited that moving 10+ k shares around can cause inordinate price swings.
I am looking for greater interest in PSEC as investors hunt for higher payouts to offset the tax increases already passed.
IMO
Whose Interests Were Put First In Freeport McMoRan's Acquisition Of McMoRan? [View article]
But in the past FCX has always come in to finance them. Need to put bids on adjacent acres, MMR goes to FCX.
But one of the bigger pies in MMR's locker is the ability to build an LNG terminal on an island in the Gulf. The storage capability is already in place. I don't know its current status other than it was permitted and then blocked by politicians.
For me, it was a long term hold, now who knows.
Meanwhile FCX has a major problem which is the Govt of Indonesia. They want a "piece" of FCX's copper and gold mine there. (the world's largest) FCX wants to give them 9.6%. The Govt. wants 51%.
FCX had to do something and fast.
IMO, MMR is it.
Axion Power: A Battery Manufacturer Charging Forward [View article]
You are making Speculations and treating them as if they were Facts.
I'll give you a few of facts from your dissertation:
The DOE denied a a grant where GM was a co-applicant as late as last year. Stellar results from a major competitor, BMW, over 3 years but GM didn't align itself with Axion anyway.
Axion's management said that they expected to begin testing in heavy trucks, they did not say they had a partner did they? You are making an assumption that there is one.
"I don't know who the undisclosed parties are that Axion has signed NDAs with, but I know the relationships exist. Therefore I know that stock purchases by directors and officers would be illegal under Federal law."
You are violating existing Federal Law by your very knowledge of something which is Material to the company but has not been made Public.
" but I know the relationships exist."
Thank you for finally admitting it.
A guess here, a speculation there, shoot down anyone digging too deeply, Insider Knowledge and a "Buy, Buy, Buy".
Axion Power: A Battery Manufacturer Charging Forward [View article]
"It's your choice. Would you rather have one share of a stock that's likely to lose at least half of its value over the next year or 135 shares a stock that could easily be a 5, 10 or even 20 bagger in the same time frame."
"I have explained to you that it's a civil and potentially criminal violation of the Exchange Act for an officer or director of a public company to buy stock when he's in possession of material non-public information such as the identity of testing partners who have not been publicly identified because of NDAs.
Why you think careful compliance with the requirements of Federal law is a bad thing is absolutely beyond me."
I believe in Compliance, do you?
You make the claim that there is no Insider buying because of the existence of NDAs which have not been made public.
You also expect that Axion's shares will go up anywhere between 500 to 2,000% in the next year.
For the Record, Mr. Peterson is not only a "former" director of Axion but was also the former Chief Financial Officer whose original investment in the "startup" gave him 20 + Million shares.
Since the existence of Any NDAs, let alone a multiple, have not been made Public, and you have extravagant price goals for Axion over the next year, what do you know that I don't?
The web page for Axion as found in a couple of their Public Press Releases is axionpower.com . Try it.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
So came to Breakfast because I used to just come and read but saw the vein and tossed in my 2 bits.
I grew up in the Chicago area where you can find Politics at its nastiest, a large welfare environment and a gimmee, gimmee mindset. Generations of exposure to union power and Jesse Jackson and ilk. (around 60 yrs worth)
I never thought the rest of the country would decline to Chicago standards.
Wall Street Breakfast: Must-Know News [View article]
Ignore the fact that they got there through Talent and hard work to improve those talents.
The Fact that they are Better at what they do than most is irrelevant. They have to pay their Fair Share.
Exactly why?
Wall Street Breakfast: Must-Know News [View article]
Educate the children so that they can have better lives. Better than whom exactly?
So we educate them, they get good jobs, make more money And become the "Rich". Now we can Tax the hell out of them.
Why bother with an education? The Gov. will take what you earn anyway and Give it to the "Middle/Poor" classes so that everyone gets their Fair Share.
Sounds like a Welfare State to me.
Wall Street Breakfast: Must-Know News [View article]
I don't have a clue as to what all of you think this meant but to me it meant the Chance to get Rich relative to what one had before.
Even the poor here are wealthier than a vast majority of those in Undeveloped countries who are lucky to have a tent as a hospital or are able to survive a draught.
If you don't have to work, you won't because you are cared for from birth to grave by some sort of Gov. program. When you get more from the Gov. than you would if you were employed at some "menial" job, you no longer have an incentive to work.
The "poor"? Define the poor. They get Food Stamps but walk around with cell phones. Are these the Poor?
Its all relative, America's poor are rich relative to Vietnam's, Iran's, India's, etc. They have everything they need to live and they live better than many elsewhere.
But they want more without the work involved, I am truly sorry for what this country has become.
Axion Power: A Battery Manufacturer Charging Forward [View article]
Price range past 12 months $0.98 to $ 0.175.
Investor Hell.
Insiders have picked up over 6 Million shares in same time frame.
Too bad they don't have a clue as to what they Can't do because of their size or what they are privy to.
I don't own it, won't until the Chart improves but at least, I know that They Believe in their company.
Axion Power: A Battery Manufacturer Charging Forward [View article]
Insider Trading services abound. From Barron's and Forbes to Microsoft and Yahoo. My own particular Favorite is J3SG.com.
They cover the gamut from penny stocks to Berkshire Class A. And all of them consider Insider Trading Buying/Selling as indicators of what the future holds for a particular company.
Spin, spin, spin away but go back more than 3 years and you will find that Axion had Insider Buying.
Axion Power: A Battery Manufacturer Charging Forward [View article]
"if it sounds too good to be true, it isn't"
Caveat Emptor
Get a Technical Analyst to review the Chart.