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losbronces

losbronces
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  • Cramer Dumps Linn, Should You? [View article]
    (KMP) was also flamed by various publications related to accounting for maintenance costs. So that seems to be an odd rotation for Cramer.
    Mar 12 12:07 PM | 14 Likes Like |Link to Comment
  • Tesla faces a roadblock in New Jersey [View news story]
    Shine a light on the roaches and they scurry away. I suspect if this gets enough attention, the legislation won't go through.

    It will be difficult to explain why only New Jersey needs dealerships for Tesla; especially since the governor seems to have ambitions for national office.
    Mar 11 08:59 AM | 5 Likes Like |Link to Comment
  • Salesforce.com Can't Tell You Where Its Revenues Come From [View article]
    Author stated: "Clearly Salesforce is a phenomenal success, and investors should remember that a quality business and quality financial reporting need not go hand in hand."

    Enron and Worldcom were also phenomenal successes for awhile. Enron even got favorable reviews from Alan Greenspan as an example of the "new economy." Caution is advised.
    Mar 6 05:35 PM | 10 Likes Like |Link to Comment
  • BDCs under pressure as leaders removed from S&P indices [View news story]
    They were the only ones I saw mentioned in the articles I read. The others may be very low percentages.
    Feb 28 10:14 AM | Likes Like |Link to Comment
  • Prospect Capital: This High-Yield Investment Is The Best In BDC, Part One [View article]
    PSEC & AINV may be under pressure for a short time due to S&P dropping BDCs from the S&P 600 small cap and the S&P 400 mid cap: http://seekingalpha.co....

    And of course, that action by S&P prompted additional speculation about what Russell might do with their indices: http://seekingalpha.co....

    IMO, it doesn't seem likely that Russell will follow S&P, but if it did their would be more impact. I added FSC & PSEC on the initial drops and FSC has risen significantly since then.
    Feb 28 07:53 AM | 3 Likes Like |Link to Comment
  • Prospect Capital: This High-Yield Investment Is The Best In BDC, Part One [View article]
    You may want to check out articles from this guy: http://seekingalpha.co...

    That is Part 1 of a six-part series. He is very thorough and specializes in BDCs.
    Feb 28 07:43 AM | 4 Likes Like |Link to Comment
  • BDCs under pressure as leaders removed from S&P indices [View news story]
    There are three BDCs that must be sold as a result of S&P's index change. There is no reason to sell the others. But people panic, just like with MLPs a bit of bad news for one often leads to an unwarranted sell-off for others.
    Feb 27 10:01 AM | 1 Like Like |Link to Comment
  • BDCs under pressure as leaders removed from S&P indices [View news story]
    Bought more PSEC & FSC. Really prefer PSEC under $11, but close enough to add a little.
    Feb 25 10:55 AM | 2 Likes Like |Link to Comment
  • How To Win Bigger Than The Bakken [View article]
    Here is where the Repsol settlement stands: http://on.ft.com/1k5lxQD

    So they are voting on whether to accept $US denominated Argentinean bonds in payment for their claims. Interesting with another default expected.
    Feb 24 03:01 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    That could actually work. Czechoslovakia split into the Czech Republic and Slovakia without a civil war.
    Feb 24 08:32 AM | 4 Likes Like |Link to Comment
  • How To Win Bigger Than The Bakken [View article]
    They did, you must have missed it.
    Feb 21 12:11 PM | Likes Like |Link to Comment
  • CEF Strategies: Forget 1929, Why 2014 Is More Like 2000 [View article]
    I don't disagree with you, I'm just pointing out that things are always a bit more complex than we'd like. Even the algos make mistakes. And that earnings matter eventually.

    And certainly some stimulus withdrawal (reduced liquidity) had/has been priced into REITs and other high-yield instruments. I include had as many REITs seem to have recovered recently. Even M-REITs have bounced off lows.
    Feb 21 11:56 AM | 1 Like Like |Link to Comment
  • CEF Strategies: Forget 1929, Why 2014 Is More Like 2000 [View article]
    I would add one more point and that is that due to SEC requirements to prepare for Y2K (remember the alarmists predicting global shutdown of power plants, etc.) significant buying of computer-related equipment was moved forward, perhaps close to three years of normal corporate buying were compressed. That led to tremendous sales & profits for high-tech companies. It was no wonder that demand was slack in 2000. That caused earnings to drop in the NASD and then things fed on themselves, aided by higher interest rates. The change in the demand cycle was certainly part of the problem imo at least.
    Feb 21 10:42 AM | 4 Likes Like |Link to Comment
  • End Of The Road For Boardwalk Pipeline Partners [View article]
    The value of those assets depends strongly on the potential for the assets to generate income. I would argue that the asset value has come down too as a result of the new contracts.

    I wouldn't be surprised if (L) starts shopping BWP; but finding a buyer might not be so easy as the contracts are in place and limit potential income.
    Feb 10 11:04 AM | 3 Likes Like |Link to Comment
  • End Of The Road For Boardwalk Pipeline Partners [View article]
    It needs to go lower than it is now, the 33% drop should not be enough to generate interest in BWP.

    At the current $0.40/year distribution rate, I think it has to go under $8. There are better opportunities for investing in this sector. (KMP) yields 6.8% as one example of a better bet in this sector.
    Feb 10 10:19 AM | 3 Likes Like |Link to Comment
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