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kgerickson

kgerickson
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  • BreitBurn Energy Partners: Why A Distribution Of $0.50 Per Unit Appears More Sustainable [View article]
    You nailed it. Pat yourself on the back. Stock down 4% premarket.
    Mar 30, 2015. 08:31 AM | Likes Like |Link to Comment
  • The Future Of Seeking Alpha [View article]
    Those of us that have been around a while know the long term value of newsletters and other subscription services (poor). I read SA articles and comments to learn about companies I don't closely follow and pick up points of view I hadn't considered in securities I do follow. I'm happy to consider insights from value investors, growth investors, DGI investors and technicians.... no need for me to focus only on people who think like me. We can all read research reports from our brokers.... I come here because of the broad diversity of opinions and views. Sure... most of the articles and thoughts are lame... but thats usually quickly evident by scanning the comments. Good luck with the pay model, won't work for me.
    Mar 25, 2015. 01:42 PM | 27 Likes Like |Link to Comment
  • Fee-Based Income Creates Growth In The Face Of Low Prices [View article]
    Might be the right time to pickup these partnerships. DVN drop down, just hit high splits, ENLK down 9%ish on secondary, ENLC to benefit from 50/50 split, no real commodity exposure.
    Mar 25, 2015. 08:33 AM | Likes Like |Link to Comment
  • Refinery MLP Data: Good Odds For Higher Q1 Distribution Announcements Next Month [View article]
    Maybe its finally time. If your technically oriented... TLLP had candlestick Buy signal yesterday and the MACD is crossing today. The whole mlp space has been trading better over the last week.
    Mar 23, 2015. 03:59 PM | 2 Likes Like |Link to Comment
  • Refinery MLP Data: Good Odds For Higher Q1 Distribution Announcements Next Month [View article]
    Nice writeup, own CVRR and like the outlook. In the same general space.... there has been an interesting price performance divergence between TSO and its child TLLP and PBF and its child PBFX over the last 4-5 months. I've been buying TLLP as it's trading at its best valuation since going public and I suspect its getting lumped in with the mlp/energy selloff. Good Luck. Thanks for all your articles.
    Mar 23, 2015. 03:45 PM | Likes Like |Link to Comment
  • The Bear Claws My Dividend Growth Portfolio - Will I Cut And Run? [View article]
    Hopefully Beta will work much better in your 25% decline (I have a low beta portfolio also). Just pointing out that it doesn't always and I don't believe the theory differentiates between 10%, 25%, and 50% declines. Good Luck.
    Mar 23, 2015. 01:10 PM | Likes Like |Link to Comment
  • The Bear Claws My Dividend Growth Portfolio - Will I Cut And Run? [View article]
    I'd take the Beta method of calculation with a grain of salt. I took a quick look at how your first few stocks performed (relative to SPX) from 1/2008 to 3/2009 (last bear market data). SPX down around 50%. LNT down around 50%, T down around 45%, BBL down around 50%, CVX down around 40%, KO down around 38%. None of these really match up with your estimates and T, CVX, and KO beta's don't move around a lot.
    Mar 23, 2015. 10:56 AM | 9 Likes Like |Link to Comment
  • Mr. Valuation's Best Ideas For Retirement And Dividend Growth Portfolios: Emerson Electric [View article]
    Good company, ok valuation, really poor price action. Why not exercise a little patience and wait for some fundamental or technical (depending on your investment methodology) sign that some change is coming? Would be more interesting around 50 to me. Learned from your TUP article to follow my own methodology. Good Luck and a nice writeup for those interested in EMR.
    Mar 20, 2015. 04:14 PM | 12 Likes Like |Link to Comment
  • The Importance Of Total Return With Dividend Growth Investing [View article]
    Nice article to remind us all about the importance of total return in investing. I suspect most of us invest our assets in a number of different manners..... index our company 401k plans.... DGI some of our outside money... trade a little.. and index/mutual fund the rest of our outside money. If your serious about DGI investing I believe its important to at least know your return or risk adjusted return compared to the market. I suspect many don't.

    Most of us DGI because of our passion/interest in the markets. As you get older you may find that your spouse, kids, etc... don't have that passion or skill set to manage money in that manner. Good Luck.
    Mar 10, 2015. 03:17 PM | Likes Like |Link to Comment
  • Williams Companies: A Solid Dividend Growth General Partner, Now On Sale [View article]
    WMB HAS been a great dividend growth stock. My 3/2012 purchase $31 $1.035 div $3.4% yield. Curr div $2.32 yield on cost 7.5%. Added at 42 recently and looking for 55-60 again.

    Good management. 2014 ACMP merger was deal of the year (perfect timing). I'd tilt toward WMB not WPZ.... they will make more deals in the future and benefits flow to WMB. Good Luck
    Feb 20, 2015. 08:42 AM | 5 Likes Like |Link to Comment
  • Caterpillar says global machine sales tumbled 14% in January [View news story]
    Support is 80 and then 70. P&F target is $68. Watch for a retest of $80, if it breaks... no support until 70. 70 would be 4% yield to provide additional support. If your trying to time the entry, follow candlestick patterns. Good luck.
    Feb 19, 2015. 04:13 PM | 1 Like Like |Link to Comment
  • Delek Logistics Partners: A High Coverage Ratio, Undervalued Relative To Peers, And Set To Benefit From Low Gasoline Prices [View article]
    Thanks for the article. Like you I've been looking for some hidden opportunities that have gotten thrown out with the recent energy/metals/strong dollar moves. I also own PBFX (around 21). They just raised the div 10% this am (6% yield) and it hasn't had the recent move that DKL did.

    Other securities I've picked up or looked at.

    TLLP 55/50
    CM 70
    WBK 26.5
    WMB 43 range
    PSX 67/61
    WLKP 25+

    Some of them have bounced and I actually trimmed PSX some.... but with all this volatility... sure to be more opportunities in these names and others

    Good Luck
    Feb 12, 2015. 12:16 PM | Likes Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Oil Bottom Or Value Trap? [View article]
    George,

    I commented on your article 7 weeks ago noting that I didn't think securities like LNCO and BBEP should be in retirees portfolios for quality reasons and asking for a detailed description of your average down strategy. You responded by saying that mlp's should be in retirees portfolios (not my clearly stated reason) and that averaging down was a "accepted strategy" (not a description of your actual strategy). Dale asked you for a complete list of your purchases and your net return and you have also ignored his direct question. As far as "putting on my glasses", my glasses are on and I'm looking at everything your writing not a backward looking best case situation that you didn't actually call and ignoring what you actually did call.

    My final question to you.... Where's the Beef? Publish your actual average down strategy. Initial purchase size, additional purchase levels/size, total purchases, back tested results. Don't you think retirees deserve the details of your strategy before they risk their retirement money.

    PS... we all know you don't have an actual strategy, just wishful thinking and denial after you've recommended that retirees invest in stocks that have dropped 50 to 65%.

    Best to you also.
    Feb 11, 2015. 04:28 PM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Oil Bottom Or Value Trap? [View article]
    Dale,

    Thanks for picking up the gist of my post (I've been involved elsewhere). It's clear that george can't see (or admit) the obvious problems with his strategy. He's averaging down in two highly correlated (high risk) securities based on some magical average down theory. He's probably averaged down 25-30 times by now. Line is down another 17% and BBEP 16% over the last two days. This is the type of strategy that looks great after a 6 year bull market and a 200% market rally and will blowup a lot of portfolios when markets turn. His strategy is a DGI RETIREES worst nightmare.... fortunately most retirees have figured that out by the time they actually retire.
    Feb 11, 2015. 10:51 AM | 2 Likes Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Oil Bottom Or Value Trap? [View article]
    Wow.... talk about creative accounting.

    In your article from 7 weeks ago you listed the following entry points based on your strategy.

    LINE 18.25, 16.69, 17.05, 14.74,13.18, 12.06. Line fell an additional 33% from that level. LINE now 14.25

    BBEP 13.21, 10.8, 11,10.29, 9.08, 8.79, 7.77. BBEP fell an additional 44% from that level. BBEP now 8.36.

    Of course the stocks bounced nicely from the absolute lows. I hope this article isn't a tell that the energy rally is pretty much over.
    Feb 10, 2015. 09:27 AM | 3 Likes Like |Link to Comment
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