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Mktneutralhedger

Mktneutralhedger
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  • MVC Capital: A Deeply Undervalued BDC [View article]
    Yes I am.
    At the moment I own RFT, MVCB, MFO and NYMTO (absurd price for one of the better managed, more diversified and less leveraged mREITS).
    Sep 1, 2015. 12:30 PM | Likes Like |Link to Comment
  • MVC Capital: A Deeply Undervalued BDC [View article]
    Today another drop with higher than average volume. I can't see the reason why certain bonds with similar ratings/duration (see CLA) have barely moved while this one has come down so much.
    Aug 31, 2015. 04:48 PM | Likes Like |Link to Comment
  • New York Mortgage Trust: Are You Sure You Want Coverage? [View article]
    According to research published by Credit Suisse debt to equity is 1.2x
    Aug 31, 2015. 09:23 AM | Likes Like |Link to Comment
  • Tiffany: The Only Specialty Retailer You Can Hold For Life [View article]
    Signet is a much better run company
    Aug 28, 2015. 06:38 PM | 1 Like Like |Link to Comment
  • More gains for energy sector as oil continues to surge higher [View news story]
    Big rally due...but it's almost done...what next? I think we'll see the $30s
    Aug 28, 2015. 06:36 PM | 3 Likes Like |Link to Comment
  • Fiat Chrysler Is Still Precariously Perched Due To The Impending Ferrari IPO [View article]
    Autos (like basic materials) are not recommened for the long-term since you risk losing a lot of money when a recession looms. At the moment we are close to the top of the cycle so better be careful and adopt a trading approach.
    Aug 14, 2015. 12:55 PM | 1 Like Like |Link to Comment
  • Fiat Chrysler Is Still Precariously Perched Due To The Impending Ferrari IPO [View article]
    I think it's a buy since it will outperform peers until the IPO of Ferrari.
    Aug 14, 2015. 11:16 AM | 2 Likes Like |Link to Comment
  • SRV: Trading At 20%+ Discount To NAV Due To Supply/Demand Imbalance [View article]
    At a discount of 16% you can get a much better fund such as Salient Midstream & MLP which is more liquid and has one of the best track record in the sector. Since inception SMM has done better than the index as well with the nav up 7.91% vs a decline of 1.42% of the Alerian .
    Aug 14, 2015. 11:03 AM | 1 Like Like |Link to Comment
  • ASML: At Least 50% Upside Potential By 2020, But Stock A Bit Risky [View article]
    Today the future potential seems even larger since the stock has dropped substantially.
    ASML gave stronger-than-expected guidance for revenues in H2 2016, and with the stronger $ the affordability of ASML tools improves as they are priced in EUR.
    Intel will probably have to install all the multi-patterning equipment for 10nm in 2016 (Intel does upgrades all its factories at once), hence the mix of business from ASML to Intel might be more about immersion than EUV in 2016 (a positive for margins).
    The chart doesn't tell me to buy now (blame it on AMAT!) since we are breaking a major support. In this cases I am inclined to sell puts. Not a leveraged trade but just as a way to open up a possibility to enter the stock later at a lower price.
    The October strike $90 option can be sold today for $4.20. That means I could buy ASML for less than $86 before the end of October or earn the premium if the stocks rebounds. Not a bad trade for those seeing troubled waters in the short-term but great reward later on.
    Aug 14, 2015. 09:55 AM | 1 Like Like |Link to Comment
  • New York Mortgage Trust: Are You Sure You Want Coverage? [View article]
    This article suggests something but then negates it...it made even more confused than before reading it.
    Anyway the leverage of the company is much lower than peers so some bright mind should come up and explain me why NYMTO is trading at deeply distressed prices. The current yield of 9.51 is a premium of 100-150 basis points vs other mREITS with preferreds outstanding (much more leveraged, experiencing similar erosion of book value and with common equity at 2years-lows) such as AMTG, MITT, HTS, CYS, DX, MTGE.
    The common might go from premium to discount due to recent disappointment but nothing happened on the financial side to justify the de-rating of the preferreds. I am buying some every week putting my money where my mouth is.
    Aug 12, 2015. 04:10 PM | 1 Like Like |Link to Comment
  • Springleaf: A Dream For GARP Investors With 28% Margin Of Safety And Extreme Upside [View article]
    After today's drop there's a nice buying opportunity in the making.
    Aug 6, 2015. 11:58 AM | Likes Like |Link to Comment
  • A REIT That Could Return 50% Investing Alongside Fortress [View article]
    No more comments and the stock keeps dropping...
    Aug 5, 2015. 04:45 PM | 1 Like Like |Link to Comment
  • 13.6% Dividend REIT New York Mortgage Trust Is Banking On Credit Investments, Will That Work? [View article]
    I am missing the connection between home sales and NYMT...
    Aug 5, 2015. 03:17 PM | Likes Like |Link to Comment
  • Baxalta beats on revenue [View news story]
    a promising company that is starting off the market adventure on the wrong foot
    Jul 30, 2015. 09:56 AM | Likes Like |Link to Comment
  • 13.6% Dividend REIT New York Mortgage Trust Is Banking On Credit Investments, Will That Work? [View article]
    If you make a peer analysis common is expensive vs preferred stock whose downside @current levels is negligible.
    Jul 27, 2015. 05:30 PM | Likes Like |Link to Comment
COMMENTS STATS
1,245 Comments
523 Likes