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losbronces

losbronces
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  • Avago confirms Broadcom purchase [View news story]
    I read that the same way. Its cash or .4378 of a share in the combined company. You won't receive both. Also, there is this: "The shareholder election will be subject to a proration mechanism, which is anticipated to result in payment in the aggregate in the range of 50% cash and 50% equity in the transaction"

    You can elect cash or shares or some split, but in the end what you will receive will depend on the other BDCM shareholders.
    I hope that headline will be corrected. Some people may be buying BDCM based on what they read here. I suspected the "and" was wrong as that would be a huge discount that would make buying BDCM an easy decision.
    May 28, 2015. 12:09 PM | Likes Like |Link to Comment
  • Forest fires force shutdown of Cenovus, Canadian Natural projects in Alberta [View news story]
    Iran will not allow Southern Iraq to go to ISIL.
    May 25, 2015. 10:44 PM | Likes Like |Link to Comment
  • Forest fires force shutdown of Cenovus, Canadian Natural projects in Alberta [View news story]
    The impact is likely to be minimal. Only 215,000 bbls per day are impacted and it looks to be temporary:
    http://bit.ly/1dt1rSU
    May 25, 2015. 11:08 AM | 2 Likes Like |Link to Comment
  • Hercules Technology Growth Capital: What Comes Next? [View article]
    That is the reason BDCs have been excluded from the S&P and Russell indices; i.e., they are too complex to analyze. At least that is the reason given by those folks: http://bit.ly/1JLvOhx
    May 14, 2015. 04:20 PM | 1 Like Like |Link to Comment
  • Prospect Capital Has Become Absurdly Cheap [View article]
    Or unless you allow the rights to expire worthless. We will need to take some care with these.
    May 8, 2015. 10:35 AM | 1 Like Like |Link to Comment
  • Prospect Capital Has Become Absurdly Cheap [View article]
    PSEC is no longer under $8.

    PSEC should sell at a discount to book imo (for the many reasons already stated). What should the discount be though? Should it be 10%, 15% or 20%+ as the market is pricing the shares currently?
    May 7, 2015. 10:16 AM | 1 Like Like |Link to Comment
  • 9%+ Dividend Payer Linn Energy/LinnCo Missed By -$0.83, Or Did It? [View article]
    He got his info from Yahoo Finance. I have warned people about those sites (yes Google too has errors).

    My own brokerage still shows OHI's dividend as quarterly; although it went monthly beginning in April. There is so much bad information around that sometimes I wonder if its intentional.
    May 1, 2015. 08:51 AM | 3 Likes Like |Link to Comment
  • CVR Refining EPS of $0.32 [View news story]
    Distribution will be $0.76 per unit. Payable May 18 to unit holders of record as of May 11.
    Apr 30, 2015. 10:17 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Prepare For Week Of Central Bank Decisions [View article]
    I did notice last year that KO has a product for sale in Argentina called Coca Cola Life (that is the actual name on the label) that uses stevia combined with sugar (cane sugar only) to sweeten the drink. Its only in Chile and Argentina: http://bit.ly/1dkcr4N
    Apr 27, 2015. 09:29 AM | Likes Like |Link to Comment
  • Replace The 4% Retirement Rule With These 4% Dividend Stocks [View article]
    Sorry about duplicating your post; it wasn't there when I posted. It took a couple of minutes to find the index info & the ETF site.
    Apr 24, 2015. 10:05 AM | Likes Like |Link to Comment
  • Replace The 4% Retirement Rule With These 4% Dividend Stocks [View article]
    Here is a link to the index: http://bit.ly/UQiaDw

    Looking at their website, there is only one authorized ETF that uses the index (SDOG). Here is a link to the ETF website: http://bit.ly/1D2EnBc

    The site indicates that current dividends are right at 4%.
    Apr 23, 2015. 02:52 PM | 1 Like Like |Link to Comment
  • May To Be A Great Month For Rare Earth Prices [View article]
    I wouldn't count on government support as Molycorp is not TBTF. Also, look at their product mix; its not the best imo. The plant is there now; so someone else can pick it up if Molycorp goes broke. If the assets sell at a low enough price, then some profit can be expected.

    Think Robinson after BHP dumped it and then Quardra Mining had a nice run there. If you get the mine, plant and equipment for $0.20 on the dollar; it does make a difference.
    Apr 19, 2015. 11:40 AM | 3 Likes Like |Link to Comment
  • Mr. Market Discounts Petrobras 60%, New Developments Signal Time To Buy [View article]
    Maybe they are trying to be like GS, so they send out a sell rating while they are accumulating.
    Apr 15, 2015. 04:29 PM | Likes Like |Link to Comment
  • 11.25% Yankee Bonds From IAMGold, BB-/B1 Rated, Matures October 2020 [View article]
    Letwin is not even a miner: http://linkd.in/1CUxAr3. Most of his experience is with transportation and oil & gas. Not the same thing at all. It was a shocker when he was brought on and he has done nothing to justify his placement.

    The destruction of shareholder value continues under his watch. Especially when the BOD decided to retain him: http://bit.ly/1CUxD6h
    Apr 14, 2015. 09:13 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Nikkei Retreats From 15-Year High [View article]
    Or maybe the system is not quite good enough. My experience with insurance companies is that they are quite happy to have you spend money to decrease their risk. If they perceived that risk would be reduced; imo they would support the technology.
    Apr 10, 2015. 10:26 AM | 1 Like Like |Link to Comment
COMMENTS STATS
802 Comments
1,295 Likes