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losbronces

losbronces
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  • Skip Santander Consumer USA IPO And Go International Instead [View article]
    If you take the SCRIP option; then you avoid the Spanish income tax. That was 21% in May 2012 (I realize it may have changed), the last time I received a dividend from a Spanish payer. If you take the shares, you can always sell them later if you need income.
    Jan 23 09:41 AM | Likes Like |Link to Comment
  • Realty Income Vs. Gazit-Globe: Cult Stock Challenge [View article]
    15% isn't so bad. I pay that on Canadian shares, but I don't hold those in tax-deferred accounts.

    It would be good to know with certainty what the applicable tax rate is for GZT because it does make a difference.
    Jan 20 08:45 AM | Likes Like |Link to Comment
  • Realty Income Vs. Gazit-Globe: Cult Stock Challenge [View article]
    My last divi was 2012 as follows:

    3/14/2012 - TEVA TEVA PHARM IND ADR (ISRAEL) 25.0000% FOREIGN TAX $0.00 $0.00 ($46.02) No

    I guess Israel changed their internal rules since then as the treaty hasn't changed.
    Jan 19 05:28 PM | 1 Like Like |Link to Comment
  • BDC Rankings: January 2014 [View article]
    Thanks for the update.
    Jan 19 10:17 AM | 1 Like Like |Link to Comment
  • Realty Income Vs. Gazit-Globe: Cult Stock Challenge [View article]
    I have held (TEVA) before and there is a 25% tax withheld on the dividend by Israel. As stated in Articles 12 & 13, foreign tax credits MAY offset the impact--or not depending on your situation. If you get into AMT, there might be no benefit for your foreign tax credits.

    You don't want to be holding this in a tax-deferred account like a 401K, Roth IRA, PCRA trust, etc. as there is no way to offset the tax paid to Israel and that would take a big bite out of the returns on this one.

    I am only referring to citizens of the USA here.
    Jan 19 09:23 AM | 4 Likes Like |Link to Comment
  • TetraLogic Pharma rally attributed to cancer cure hopes [View news story]
    Getting slammed right back down into the close. Only up 2% now.
    Jan 15 03:29 PM | Likes Like |Link to Comment
  • Dummy's Case For Buying OPK [View instapost]
    I bought into OPK based on reading a presentation by Lakewood Capital, a fund shorting the shares. IMO, the presentation was so poorly done that I bought in after the attack was initiated. This has worked for me before and I expect it to work in this case as well. Of course, I did some additional DD prior to buying shares, but Lakewood's presentation piqued my interest.
    Jan 10 12:36 PM | 1 Like Like |Link to Comment
  • Why Lionsgate Will Be A Tiger Over The Long Term [View article]
    Good luck to them, but the last book of the "Divergent" series might just kill the films off before they really get started. "Allegiant" (the last book of the series) has been panned, even by Roth fans. Should be interesting to see how they handle a series consisting of two good books with a stinker of a book at the end. Of course they can always change the ending for the film series.

    Certainly the "Jason Bourne" series of films are not true to Ludlum's books (Bourne's wife in the books is killed off in the second film and his handler in the first film) and those have been successful.
    Jan 5 12:14 PM | Likes Like |Link to Comment
  • Vanguard Natural adds Wyoming gas and oil properties for $581M [View news story]
    The press release includes the magic words:

    "Immediately accretive to distributable cash flow at closing"
    Dec 30 10:46 AM | 3 Likes Like |Link to Comment
  • Sierra Metals Is Set To Double In 2014 [View article]
    No, you call your broker at Scottrade and tell the broker you want to buy Sierra Metals, symbol SMT on the Toronto exchange. They will provide a quote and then you can place your order. I would recommend a limit order.
    Dec 30 07:59 AM | Likes Like |Link to Comment
  • Sierra Metals Is Set To Double In 2014 [View article]
    You have to call your broker at Scottrade to make that trade. It does cost more to trade TSX stocks (that are not otherwise available in the US) due to the need to use the phone.
    Dec 29 06:35 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    (PSEC) is interesting in that it takes a dive at least once each year when you look at the charts; however the timing doesn't seem predictable. It doesn't really do secondary offerings now as they issue shares as needed. Here is a link to an SA article by a guy does a good job of covering BDCs (imo at least): http://seekingalpha.co.... He has a buy recommendation on it.

    I have PSEC in two accounts, and I am dripping in one of those. Otherwise, I wouldn't buy it over $11. YMMV
    Dec 20 08:46 AM | Likes Like |Link to Comment
  • Atlantic Power's Debt Burden Looms Large Over The Stock [View article]
    Thanks Alberto.
    Dec 14 11:44 AM | Likes Like |Link to Comment
  • Atlantic Power's Debt Burden Looms Large Over The Stock [View article]
    The preferreds sound interesting, but I couldn't find a listing for those. What is the symbol?
    Dec 14 10:55 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I know that some of them have been disappointing in terms of rapid declines. The issues may be location specific.

    As you point out, the US oil production rate is still increasing. I'm just not completely convinced though as the spending on wells has also been impressive.
    Dec 11 09:50 AM | 1 Like Like |Link to Comment
COMMENTS STATS
580 Comments
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