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losbronces

losbronces
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  • Here's The Best Way To Invest In Gold, And It's Not What Investors Might Expect [View article]
    I play it into the dividend, and then only if it sets up right. I'm currently in, but I will out by November. This will be the second time this year. Last time I sold at 38.82 on July 22. I didn't trade it at all in 2012, and I see on 4/22/2010 I sold at 79.30 (its less than half of that four years later). So I agree, not a long-term hold.
    Oct 9, 2014. 10:28 AM | Likes Like |Link to Comment
  • Here's The Best Way To Invest In Gold, And It's Not What Investors Might Expect [View article]
    I've always considered it more of a copper play, but that was before the oil & gas "good old boys" deal for McMoran Exploration. Read about it here: http://onforb.es/TIvMje.
    Its a mixed-bag of resources now, Cu, Au, Co, oil and gas, but less diversified than BHP or RTZ.
    Oct 8, 2014. 04:36 PM | 1 Like Like |Link to Comment
  • Oil & Gas Stocks: How Far Are We In This Correction? [View article]
    Here is the definition: http://bit.ly/1saViyv
    Oct 8, 2014. 09:37 AM | 1 Like Like |Link to Comment
  • CEFL October Monthly Dividend Will Be Sharply Lower, But Don't Be Alarmed [View article]
    I come up with a current annualized yield of just 12.6% for LMLP, based on the distributions shown here: http://bit.ly/1qaqYhV. Take the last three distributions, multiply by 4 and then divided by the current share price. From the UBS fact sheet:

    Fargo® MLP Ex-Energy ETN
    Profile
    Issuer UBS AG
    Issuer Credit Rating1
    A2 (Moody's); A (S&P); A (Fitch)
    CUSIP 90273A207
    Primary exchange NYSE Arca
    Initial trade date 06/24/2014
    Maturity date 06/24/2044
    Leverage 2x
    Annual Tracking Rate 0.85%, accrued on a daily basis
    2x Index Yield2 15.24%
    Underlying Index Well Fargo Master Limited Partnership Ex-Energy Index

    So they are showing a higher yield than I calculate. Maybe some of those make large EOY distributions.
    Oct 7, 2014. 11:31 AM | Likes Like |Link to Comment
  • CEFL October Monthly Dividend Will Be Sharply Lower, But Don't Be Alarmed [View article]
    Thanks for the update. Your estimate was very close to the actual.
    Oct 7, 2014. 10:04 AM | Likes Like |Link to Comment
  • GT Advanced halted with news pending [View news story]
    No, they don't plan to go out of business. But when is the last time you saw the shareholders get anything after a Chapter 11 reorganization?
    Oct 6, 2014. 10:33 AM | Likes Like |Link to Comment
  • GT Advanced halted with news pending [View news story]
    I don't see how this can be good. News postponed until this week, not done in the pre-market or after hours, and now halted.
    Oct 6, 2014. 10:09 AM | Likes Like |Link to Comment
  • GoPro -10.2%; founders' organization released from lockup [View news story]
    Just about anyone who was paying attention.
    Oct 2, 2014. 01:37 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Billions Withdrawn From Pimco Following Gross's Departure [View article]
    Crowd funding with IndieGoGo and Kickstarter...
    Sep 29, 2014. 10:14 AM | 1 Like Like |Link to Comment
  • CEFL October Monthly Dividend Will Be Sharply Lower, But Don't Be Alarmed [View article]
    I don't know that they can do that as GGN is still one of the largest CEFs. Also, over 50% of that fund is in the oil and oil services sector (a sector that is not doing well at this time): http://bit.ly/QmjnNK. Its not just a gold fund and their objective is to provide high income through the use of leverage.
    Sep 23, 2014. 10:46 AM | Likes Like |Link to Comment
  • So Undervalued, They're Golden [View article]
    Actually, Argentines (as opposed to their government) have been buying gold (and real estate when they have sufficient funds). Most have no confidence in the banks or their own currency and that lack of confidence is justified based just on the last 20 years of experience imo. Buying $US would also have worked although (not kept in a bank though), but those with $US (and willing to trade on the black market that is actually tolerated) would be ahead of those who bought gold. However, those who bought gold are better off than those who kept their money in Argentinean Pesos in a bank.
    Sep 20, 2014. 12:29 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Alibaba Becomes Largest U.S. IPO In History [View article]
    The betting was 80% on the No vote. The people making book know best the probable outcome.
    Sep 19, 2014. 09:36 AM | 6 Likes Like |Link to Comment
  • So Undervalued, They're Golden [View article]
    You do need to recover the capital investment at some point, including a profit on said investment. Cost of a particle accelerator and all of the licensing and permitting would be quite high. And the Hg isn't free either. And Hg is shipped as HazMat, so those costs are higher. I don't believe $2,200 is anywhere in the ballpark.

    But then again, maybe the EC can use CERN to make gold to help with their on-going financial problems.
    Sep 18, 2014. 11:09 AM | 1 Like Like |Link to Comment
  • El Pollo Loco: How Overvalued Is LOCO Compared To Its Industry Peers? [View article]
    I'll wait for it. I'm looking at doing it like I did (TWTR), maybe a week prior to lockup expiration. Options provide a big gain for a small risk and you know exactly how much you stand to lose if it doesn't work out.
    Sep 15, 2014. 12:07 PM | 1 Like Like |Link to Comment
  • El Pollo Loco: How Overvalued Is LOCO Compared To Its Industry Peers? [View article]
    StockGuy: I am surprised that you make this statement: "I don't think anyone has mentioned LOCO being the next CMG except you. No one believes that."

    Henry is not the first, and imo he will not be the last to make that comparison. And as for "true believers", you only have to look at the comments sections under other LOCO articles to find them.

    Anyway, I look forward to this running up much further so I can short it via puts as the lockup expires. The only way that doesn't work is if it gets crushed prior to lockup expiry.
    Sep 14, 2014. 12:01 PM | 1 Like Like |Link to Comment
COMMENTS STATS
740 Comments
1,195 Likes