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  • Equity CEFs: When The Bottom Falls Out  [View article]
    cem1976: You have asked a very very very intelligent question and I doubt that you will get an answer.
    Jan 19, 2016. 10:32 AM | 3 Likes Like |Link to Comment
  • Gladstone Capital Bonds Now Yield 10.5% Even With 2.8x Asset Coverage  [View article]
    Long GLADO
    Jan 16, 2016. 04:35 AM | Likes Like |Link to Comment
  • Container Shipping Market Macro Outlook For 2016  [View article]
    James: Thank you for a great article and I am going to ''follow' you. I would like to suggest to you that you acknowledge the entire capital structure of the companies that you write about because many of us get all of the ''alpha'' we can stand from the debt or the preferred equity. For example, both SSW and CMRE have some high risk/reward securities available to the retail investor that can provide an excellent hedge against a good night's sleep.
    Jan 12, 2016. 04:30 PM | 1 Like Like |Link to Comment
  • Bluerock Residential - I'll Take 8% Rather Than 10%  [View article]
    Long BRG preferred A.
    Dec 30, 2015. 11:01 AM | 1 Like Like |Link to Comment
  • Arbitrage Opportunity In Seaspan Corporation 6.375% Senior Notes  [View article]
    Let's get back to actual investing. First of all, decide whether or not you want to invest in the business called Seaspan Corp. If you like Seaspan then you can pick the spot in the capital structure where you feel ''value'' exists, either the common or the preferreds or the senior note. I happen to be long SSWN and SSW-E. They have 77 ships leased out on long term leases and their underlying business looks solid to me, even boring.
    Dec 15, 2015. 04:17 AM | 4 Likes Like |Link to Comment
  • NorthStar Realty - An 11% Yield From The Preferred Stock Is Worth A Look  [View article]
    I also own the preferred series B of NRF and some other similar ''high yield'' securities, including many limited term preferreds and limited term baby bonds and the price action just looks like absolute panic to me.
    Dec 15, 2015. 03:59 AM | 3 Likes Like |Link to Comment
  • Oxford Lane Capital (OXLC) Smart To Declare Its Dividend For The Next Six Months  [View instapost]
    Also, they announced that they would be making open market purchases of their two preferred stock issues. As with the dividend announcement on the common shares, this sends the message that they have abundant cash and liquidity.
    Dec 13, 2015. 05:00 AM | Likes Like |Link to Comment
  • Ashford Hospitality Trust: Deep Value, But Deep Risk  [View article]
    I also own the preferred.
    Nov 6, 2015. 05:39 AM | 1 Like Like |Link to Comment
  • NorthStar: Is A 9% Yield Better Than A 13% Yield?  [View article]
    I own one of the NRF preferred issues even though I hate to buy any perpetual of any company.
    Sep 30, 2015. 02:30 PM | Likes Like |Link to Comment
  • Vanguard Dividend Growth Fund: A Solid Core Holding  [View article]
    The last time I checked Donald Kilbride had about $1.5 million of his own money in this fund that he manages, which can only make an investor feel better about his investment.
    Sep 16, 2015. 04:18 PM | 1 Like Like |Link to Comment
  • Consider These 3 Preferred Issues For Good Retirement Income  [View article]
    Grabbed GBLIZ Tuesday at $24.32, I think. I have been studying Colony Capital recently with the idea of buying the preferred C issue that you discussed. I think that each of these issues offer an attractive risk/reward proposition, but you are absolutely right in saying not to buy too much of any one issue.
    Sep 9, 2015. 04:37 PM | Likes Like |Link to Comment
  • Fool's Gold And The 10% Dividend Yield  [View article]
    Look, I have been a follower of Rubicon since he first appeared on Seeking Alpha, and I can tell you that there is integrity in his articles, and my respect for him his sincere. I read each article and usually take no action on anything he discusses, but I always feel ''richer'' because he makes me ''think''. Stanford Chemist, above, nailed when he said ''food for thought''.
    Sep 3, 2015. 11:24 AM | Likes Like |Link to Comment
  • "Blood In The Streets" Equals Opportunity (Re-Invest Quarterly Dividends At Bargain Prices)  [View instapost]
    Steve, I am a long time follower, and I think you are correct and I added to some holdings today, and I got back into FOF. There is not enough space here to get into the details, but anyone who liked this security, and owned it, last Friday must be salivating at the opportunity to buy this thing around $12.
    Jun 29, 2015. 02:54 PM | Likes Like |Link to Comment
  • Diana Shipping Offers Stability For Drybulk Speculators  [View article]
    Fantastic article. After weighing all of the ''pros and cons'' on DSX, I believe I would feel better buying the recently issued exchange traded senior note with the trading symbol DSXN. These notes have an 8.5% coupon, mature in May 2020, are callable in May 2017, make whole call and change of control protection. So if they don't default, and you say they have a ''pristine balance sheet'', then I make north of 8% annually whether DSXN is called or not. Sounds too good to be true to me. Why does it cost DSX so much to borrow money and would you recommend DSXN?
    Jun 15, 2015. 12:43 PM | Likes Like |Link to Comment
  • JPMorgan: Government bond rout worst in 30 years  [View news story]
    Good point, Manus. This is common.
    Jun 8, 2015. 04:48 PM | Likes Like |Link to Comment