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Ruk

Ruk
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  • The REIT Bloodbath: Game Plan For 2nd Half [View article]
    Dane,

    Well written informative piece, what is your current position on international REITS , such as VNQI , thanks.

    Be well,
    RUK
    Jul 7, 2015. 08:48 AM | Likes Like |Link to Comment
  • Profit From The Pharma Craze: Sell Gilead, Buy Taro [View article]
    Ian,

    Excellent piece on Taro , you make some extremely valid arguments for owning Taro. I am very long Gilead, which I believe has some upside at this point . I have no way of knowing how much and neither does anyone else.

    If I might suggest not selling Gilead at this point , but still begin to scale into Taro. You should protect the downside on both positions through trailing stops. Taro could just as easily fall with all the other biotech stocks , in many cases it has nothing to do with the company performance as much as the overall market.


    Again thanks for your excellent work on Taro.

    Be well,
    Ruk
    Jun 24, 2015. 11:25 AM | Likes Like |Link to Comment
  • CVR Partners: A High Yield Fertilizer Play Now On Sale [View article]
    Albert,

    I think you are dead right, I have been "very long" UAN for a significant time and have just added a little bit more to my significant position.

    They enjoy a very high level of comparative advantage over other producers. In addition they currently pay a very nice dividend.

    I , like you , believe the concerns are way overblown and certainly do not justify the recent drop in the share price. The US demand for nitrogen based fertilizer , still exceeds the supply, that is why we are still net importers.

    This comment is not based on some "confirmation bias " on my part . My wife comes from a long line of farmers , who very much understand the use and supply / demand issues regarding fertilizer.

    Thanks for your always good work on UAN and other stocks you cover.

    Be well,
    Ruk
    Jun 18, 2015. 02:00 PM | 5 Likes Like |Link to Comment
  • 6 Ways To Control My Emotions [View article]
    Chris,

    Outstanding piece, one of the best and most useful I have ever read on SA.

    I am a former CEO , now old guy adjunct prof. with degrees in both psychology and business.

    Investor psychology / behavior is probably the ultimate contributor to success or failure in investing.

    It certainly has been my biggest nemesis.

    Be well,
    Ruk
    May 13, 2015. 02:44 PM | 7 Likes Like |Link to Comment
  • Business Climate: Germany And Euro Area Q1 2015 [View article]
    Professor,

    You should look the LEI ( Leading Economic Indicator ) for the Euro Zone / Germany.

    In my opinion it is a much more comprehensive and accurate predictor of economic trends than anything else out there.

    I am currently long Germany & Ireland .
    Apr 25, 2015. 09:21 AM | Likes Like |Link to Comment
  • American Realty Capital: In Case You Forgot About The Lingering Risks [View article]
    Reuben,

    Thanks for your honest comment , I understand your position. I do believe you are correct about the value of the assets , which is why I did not sell my position when all this happened.

    As I have said in other comments , I have lost trust and faith that the current board will do what is in the best interest of it's shareholders. Which by the way is why the new large investors wanted 90% of the old Nick/ board gone. They failed in their governance / fiduciary responsibilities.

    If it is the case that the fraudulent reporting by senior management was intentional, they should be prosecuted to the full extent of the law.

    This will not do much for the current, stockholders like me who got very burned , but might make other company officers think twice before lying to shareholders. Company ethics / honesty is very important .

    Be well,
    Ruk
    Apr 23, 2015. 08:28 PM | Likes Like |Link to Comment
  • American Realty Capital: In Case You Forgot About The Lingering Risks [View article]
    Maybe if you actually read what I wrote , I was not advocating the prosecution of the new CEO , but the individuals who committed the fraudulent reporting , which is a crime .

    This has nothing to do with not paying the dividend. If in fact the level of the fraud had no real material impact on the companies ability to pay the dividend then they should commence paying it immediately, they have had ample time to determine if that is the case.

    By the way I really don't appreciate your sarcastic comments , that really contribute nothing to the discussion. If you don't agree with a opinion just say so and leave out the sarcasm.
    Apr 23, 2015. 11:07 AM | Likes Like |Link to Comment
  • American Realty Capital: In Case You Forgot About The Lingering Risks [View article]
    Reuben,

    Since you are currently long ARCP, as I am. Given the obviously negative tone of your article, do you plan on exiting your position soon ?

    I am seriously contemplating exiting my significant position , not because I do not understand the risk or panic based on some SA article.

    I have lost complete faith in the board and the current management to look out for the best interest of shareholders. I do not see this changing going forward . They should have reinstated the dividend or done a special dividend immediately.

    The management who knowingly committed this fraud should be criminally prosecuted , the board members who failed in their governance responsibility all should be off the board immediately.
    Apr 21, 2015. 05:53 PM | Likes Like |Link to Comment
  • The Perfect Portfolio For Retirement Is An Illusion [View article]
    All this debate over whether or not it is better to invest in established DG stocks or growth stocks that pay no dividend is moot.

    It really does not matter , if you are young or an old codger like me , what you need to find & invest in is stocks , bonds , whatever assets that provide the best "Total Return" . Where that total return comes from, dividends, interest or capital appreciation is irrelevant.

    I am almost 64 years old I have been in the markets since I was 18 and in college . What is important is to really understand the risk in what ever asset class you are investing in and try to mange that risk as well as possible, minimize your losses and try to maximize your gains.
    Apr 18, 2015. 01:25 PM | 2 Likes Like |Link to Comment
  • JPMorgan: Growth, Yield And Value In One Package [View article]
    Bret,

    I believe your analysis is very solid. I have not owned any big banks since losing significant money in a fee based managed account that took a big position in C.

    I have initiated a small position in JPM , with the intent of building it up over the next several months to a very significant position.

    JPM is now probably the cleanest bank out there having been "investigated to death " and significantly fined by the regulators.

    Do you have a opinion on GS ? Thanks

    Be well,
    Ruk
    Apr 16, 2015. 05:17 PM | Likes Like |Link to Comment
  • GAMCO Global Gold, Natural Resources & Income Trust: Only So Much It Can Do [View article]
    Mike in Idaho,

    I would not beat yourself up to much. I am not any wiser than you the average cost on my total position is close to 8.

    No one can call the bottom of any stock or market , I have grabbed quite a few falling knives in my day in almost 50 years of investing in every type of market you can think of.

    That is why you need to have confidence in your reason for investing and be patient. Don't listen to all the talking TV heads and so called experts.
    They do not know any more than you do , just look at their track records.

    I can only tell you I have lost more money listening to advisers, reading newsletters , money mangers, investment theories, than I ever have following my own instincts and practical sense.
    Mar 18, 2015. 04:47 PM | 5 Likes Like |Link to Comment
  • GAMCO Global Gold, Natural Resources & Income Trust: Only So Much It Can Do [View article]
    I believe it was Jesse Livermore a very famous investor in the early 1900s who said " Buy when there is blood in the streets" . That statement certainly characterizes the precious metals and energy markets.

    IMO, it would be a mistake to panic and unload your position GGN at this point.
    I in-fact did the opposite and added to mine when the price dropped below 7.

    Good luck to all of us that own GGN. I believe our patience and lack of panic will ultimately be rewarded.
    Mar 18, 2015. 12:38 PM | 4 Likes Like |Link to Comment
  • Kinder Morgan: Trees Don't Grow To The Sky [View article]
    David,

    I am not sure where you statement about KMI trading near all time highs is coming from not to long ago KMI was over 43 it's now over 39.

    In my opinion there is no better place in the energy space to be than KMI at this point. That is why it has not crashed and trades at a premium. Oil and natural gas have to move no matter what the price and pipelines are the most cost effective safest way to do that. They are the 800 lb gorilla in the pipeline space.

    The sale of Euro denominated bonds was a very smart move on KMI's part. It exploits the incredibly low cost of borrowing in Europe that now exist.

    I am currently long a significant position in KMI at an average cost of about 38.75 . I added some yesterday under 40 and will add more if KMI falls.

    I have no idea where KMI might bottom and neither does anyone else. I do believe that a patient investor will be very well rewarded and can collect 5% while they wait. If you are very nervous about KMI falling from this point you can always hedge your position with a covered call.

    Be well,
    RUK
    Mar 12, 2015. 12:17 PM | 3 Likes Like |Link to Comment
  • The War On Savers, Part 1: A Deteriorating Landscape For Long-Term, Fixed Income Investors [View article]
    Owl,

    Well written & well thought out article , I believe your analysis is dead on. Several months ago I sold my complete very significant position in NYS Municipal bonds , my last fixed position of any type.

    The fixed income market is a very dangerous place to be now, the fixed market will overreact to even the slightest 25 basis point increase , which is ridiculous in my opinion, but the unfortunate reality.

    I also like bank preferred stocks as a substitute , I am looking at starting a position in PFF

    Be well,
    RUK
    Mar 11, 2015. 04:20 PM | 2 Likes Like |Link to Comment
  • CVR Partners: 2015 Is Looking Bright For This Fertilizer Play With Up To 60% Upside [View article]
    Albert,

    Good analysis and well written piece. I have been substantially long this stock for some time. I originally bought it as an agriculture play and because of the solid dividend.

    Thanks for the good work.
    Feb 26, 2015. 11:44 AM | 1 Like Like |Link to Comment
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