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Destin

Destin
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  • Hydrogenics offering 1.5M shares at $15, shares -22% premarket [View news story]
    Great job by the BOD here, offering shares at a 25% discount to yesterday's close and an over 50% discount to where shares traded just two months ago. On the surface this offering looks to be very poorly handled. A buying opportunity maybe, but I would think they could have gotten quite a bit more and spared current longs much of the pain they're taking today.
    May 14 02:18 PM | 3 Likes Like |Link to Comment
  • Saying Goodbye To Coca-Cola, Time To Move On [View article]
    That is great news. I'm surprised more here have not been up in arms over this egregious compensation plan. Slowing revenue growth, stagnant share price, and the answer is wheelbarrows of money to "incentivize" senior management? If only it worked that way in my line of business. If I'm not growing the business my incentive to do so is simply keeping my job.

    At current rates, management is essentially taking the next three years of buybacks, money supposedly being "returned to shareholders", and putting it in their own pockets. The DGI crowd as a whole here (of which I generally am one BTW) it seems doesn't really care so long as they get that yearly increase. But don't think for a minute that dilution like this doesn't impact the growth rate moving forward.
    May 1 03:11 PM | Likes Like |Link to Comment
  • Saying Goodbye To Coca-Cola, Time To Move On [View article]
    Buffett stated flat-out on CNBC that he felt the plan was excessive. He abstained from voting but that is a de-facto yes.
    May 1 02:34 PM | Likes Like |Link to Comment
  • Is The Vanguard High Dividend Yield ETF Primed For Dividend Growth? [View article]
    Those looking for a dividend growth ETF should also check out Wisdom Tree's DGRW, which pays monthly. It's fairly new so comparisons with other ETF's aren't going to tell you much.

    A couple of others I like are Cambria's SYLD and FYLD which focus on companies that not only are growing their dividends, but are also buying back shares (specifically buybacks which meaningfully reduce the float) and have low debt. SYLD is American companies while FYLD is international.

    Long all three.
    Apr 29 09:50 AM | Likes Like |Link to Comment
  • Kinder Morgan Inc. Offers A 5% Yield And Double-Digit Dividend Growth [View article]
    Thanks Mr. Market for the early Xmas present. Starting a position today in KMI common to go along with my warrants and KMR.
    Dec 4 02:44 PM | 2 Likes Like |Link to Comment
  • Seagate For Great Income And Upside [View article]
    Let's not overlook the precipitous drop in FCF this past quarter and the massive slowdown in share buybacks the last two. Cloud storage will be supportive in the future but it's not making up for the decline in PC business, at least in the short term. STX has been one of my favorites for a few years but I've booked profits and gotten out for now. But I could be wrong and quite often am.
    Oct 1 11:28 AM | Likes Like |Link to Comment
  • Gold Fever Catches A Cold [View article]
    The labor force participation rate only includes people from age 16-64. The majority of these retiring baby boomers do not factor into the equation.
    Sep 18 11:36 AM | Likes Like |Link to Comment
  • Gold Fever Catches A Cold [View article]
    Generational lows in the labor force participation rate and falling incomes are not conspiracy theories, they are facts. Pointing out new highs in the stock market can't, and won't, refute them.
    Sep 17 04:22 PM | 4 Likes Like |Link to Comment
  • 5 Tobacco Stocks For Retirement Dividend Income [View article]
    Lucy you are, to coin a phrase, blowing smoke. I transplanted to the Pacific Northwest 6 months ago where the MJ is all legal, and good f'ing luck getting a job even bagging groceries if you can't pass a drug screen. Everybody tests out here, EVERYBODY. My wife works in pharmaceuticals and is not only subjected to random drug tests but random polygraphs as well. And she doesn't even handle them directly, she works in the corporate office dealing with insurance claims. Prohibition has never worked, and it never will. The only thing it ever accomplished was making some really bad men very, very rich.

    Long MO, PM
    Aug 26 01:06 PM | 2 Likes Like |Link to Comment
  • Update On The Negative GOFO: Gold Has Finally Bottomed [View article]
    A more agressive, and better play IMO is to short those leveraged ETF's. I even went one better than that and bought a deep OTM put on DUST. I'm nicely in the green and it could really explode if this rally continues.
    Aug 15 12:31 PM | Likes Like |Link to Comment
  • What You Don't Know About The Sandstorms, Part II [View article]
    WOW Thanks OAG I had not gotten around to the report yet. That is a stunning statement to make and with a comment like that it's a wonder that about half of today's opening drop has been recouped. Mine was thankfully not a large position but when a stock dives like this one has it doesn't have to be to make a big dent.
    Aug 13 03:07 PM | Likes Like |Link to Comment
  • Kinder Morgan Inc: A Dividend-Growth Stock In The Making [View article]
    Bought my full position in KMR recently just with warrant profits. The easy money's been made with those but there's still plenty left in the tank.
    Aug 13 02:57 PM | Likes Like |Link to Comment
  • Kinder Morgan Inc: A Dividend-Growth Stock In The Making [View article]
    Long KMR and KMI warrants, best two ways to play the company IMO.
    Aug 13 01:56 PM | Likes Like |Link to Comment
  • ECOtality: Simply A Great Investment [View article]
    Not to mention Hurlbut. With no experience whatsoever in actual value-adding, productive enterprise, what purpose was he there to serve other than to specifically PREVENT something like this from happening? But I'm sure all his fat paychecks have already cleared. Swine can get real fat feeding at the government trough, but a few will occasionally get slaughtered. Glad I steered clear of this one.
    Aug 13 01:30 PM | Likes Like |Link to Comment
  • NUGT: How To Prepare For Yet Another Reverse Split For The Leveraged Gold Miner ETF [View article]
    I just bought a single Sept 21 $50 with a few hundred in play money. It was pretty far down last week but I'm back in the green after the big move yesterday. The premiums are very high obviously but a nice week long rally or just another big day like yesterday can drive a triple legeraged ETF into the dirt in a real hurry. The put may expire worthless but at least I know my downside, unlike buying a decent sized position in a single mining stock where ANYTHING can happen overnight (see ANV).
    Aug 13 11:36 AM | Likes Like |Link to Comment
COMMENTS STATS
461 Comments
557 Likes