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    <title>Augustus's Comments</title>
    <description>Augustus's Comments RSS Syndication from SeekingAlpha.com</description>
    <link>http://seekingalpha.com/user/49660/comments</link>
    <item>
      <title>Why Arguments Against Exporting Natural Gas Don't Add Up</title>
      <link>http://seekingalpha.com/article/1423311/comments?source=feed#comment-18752351</link>
      <guid isPermaLink="false">18752351</guid>
      <content>
        <![CDATA[How is it possible to run NG through the turbines and export the heat to Europe?<br/><br/>Most of the world is buying NG and liquid LNG based upon BTU relationship to an oil basket with pricing determined primarily on a government to government negotiation.  The private producers and generators / processors in the US have not operated on any direct linkage basis.  Sure, competing energy resources have some influence on the prices of others,  But there has never been an absolute direct link.  The US is one of the few countries where the private individuals own the mineral rights.  Property rights in the US extend from the grass to the granite.  That subsurface is not the king's property. here as there has never been a king.]]>
      </content>
      <pubDate>Mon, 13 May 2013 04:04:14 -0400</pubDate>
      <description>
        <![CDATA[How is it possible to run NG through the turbines and export the heat to Europe?<br/><br/>Most of the world is buying NG and liquid LNG based upon BTU relationship to an oil basket with pricing determined primarily on a government to government negotiation.  The private producers and generators / processors in the US have not operated on any direct linkage basis.  Sure, competing energy resources have some influence on the prices of others,  But there has never been an absolute direct link.  The US is one of the few countries where the private individuals own the mineral rights.  Property rights in the US extend from the grass to the granite.  That subsurface is not the king's property. here as there has never been a king.]]>
      </description>
    </item>
    <item>
      <title>5 Highest Yielding, High Quality, Low Volatility, Consistent Dividend Growers</title>
      <link>http://seekingalpha.com/article/1410381/comments?source=feed#comment-18689021</link>
      <guid isPermaLink="false">18689021</guid>
      <content>
        <![CDATA[The article seemed to be trying to make a point about requiring a 4% yield when investing is possibly unrealistic or directs investment into low quality stocks.  <br/><br/>Now, suppose someone has been investing for 20 years, with the last 15 being directed toward dividend paying stocks with strong financial condition and reasonably well understood.  That investor may hae a fair general knowledge of maybe 50 or so tickers that they have owned, or own now, or would like to own if the price is right.  The determination of whether the &quot;price is right&quot; is determined by looking at dividend yield greater than 4%.<br/><br/>It seems to me, after looking at the good screening information provided, that the real problem is that the prices are Too Damn High, same as NY Rent.  My point is that the general idea of 4% is not necessarily a bad thing as it may be keeping that investor from getting involved in yield chasing.]]>
      </content>
      <pubDate>Fri, 10 May 2013 16:20:08 -0400</pubDate>
      <description>
        <![CDATA[The article seemed to be trying to make a point about requiring a 4% yield when investing is possibly unrealistic or directs investment into low quality stocks.  <br/><br/>Now, suppose someone has been investing for 20 years, with the last 15 being directed toward dividend paying stocks with strong financial condition and reasonably well understood.  That investor may hae a fair general knowledge of maybe 50 or so tickers that they have owned, or own now, or would like to own if the price is right.  The determination of whether the &quot;price is right&quot; is determined by looking at dividend yield greater than 4%.<br/><br/>It seems to me, after looking at the good screening information provided, that the real problem is that the prices are Too Damn High, same as NY Rent.  My point is that the general idea of 4% is not necessarily a bad thing as it may be keeping that investor from getting involved in yield chasing.]]>
      </description>
    </item>
    <item>
      <title>5 Highest Yielding, High Quality, Low Volatility, Consistent Dividend Growers</title>
      <link>http://seekingalpha.com/article/1410381/comments?source=feed#comment-18681621</link>
      <guid isPermaLink="false">18681621</guid>
      <content>
        <![CDATA[I was looking on Seeking Alpha. I pulled up the 1 yr chart, estimated the low price from the chart, then used the SA current dividend rate to do the calc.<br/><br/>WAG was below $30 and pays 1.10 - close enough.<br/>PEP was about $65 and pays 2.27 - I looked at Yield not Dividend<br/>PM appears to have been below $80 and pays 3.4<br/>Even JNJ was about $60 and pays 2.44<br/><br/>Without being too fined tuned about it, and I did not really try to run any stock screens, there were opportunities within the last year to have invested the cash and meet the 4% threshold. Those boats seem to have left port without any definite schedule so the next date of opportunity cannot be predicted.<br/><br/>My real point was simply to note that, with prices at these levels, it may be time to be cautious rather than to force the money into the market.  An investor holding the cash should not be forced to do any buying.]]>
      </content>
      <pubDate>Fri, 10 May 2013 13:12:19 -0400</pubDate>
      <description>
        <![CDATA[I was looking on Seeking Alpha. I pulled up the 1 yr chart, estimated the low price from the chart, then used the SA current dividend rate to do the calc.<br/><br/>WAG was below $30 and pays 1.10 - close enough.<br/>PEP was about $65 and pays 2.27 - I looked at Yield not Dividend<br/>PM appears to have been below $80 and pays 3.4<br/>Even JNJ was about $60 and pays 2.44<br/><br/>Without being too fined tuned about it, and I did not really try to run any stock screens, there were opportunities within the last year to have invested the cash and meet the 4% threshold. Those boats seem to have left port without any definite schedule so the next date of opportunity cannot be predicted.<br/><br/>My real point was simply to note that, with prices at these levels, it may be time to be cautious rather than to force the money into the market.  An investor holding the cash should not be forced to do any buying.]]>
      </description>
    </item>
    <item>
      <title>5 Highest Yielding, High Quality, Low Volatility, Consistent Dividend Growers</title>
      <link>http://seekingalpha.com/article/1410381/comments?source=feed#comment-18677701</link>
      <guid isPermaLink="false">18677701</guid>
      <content>
        <![CDATA[Not really trying to beat on a dead horse here, but if you look at the charts of the last year, WAG, PM, WMT and PEP were all available at 4% yields. After looking at the price runups since then, and almost everything of that type has participated, it might be wise to really consider holding the cash for a while rather than buying now if the amount is significant. <br/><br/>Whether today's price is overpriced or even cheap cannot be determined until we see the market price next year and the year after. I believe any meaningful increase in rates, less Fed Buying, will take some of the air out of the prices of the traditional higher yielding stocks. We cannot know if that will happen within any normal time frame though. Maybe the Fed is targeting the Japan interest rate model with rates low for the next 10 years.<br/><br/>Faded memories can create unusual responses to current situations.<br/>It really was not that long ago when a 3% yield would not have much influence on the investment decision.  Today's riddle is &quot;How can I earn 3%.&quot;]]>
      </content>
      <pubDate>Fri, 10 May 2013 12:05:59 -0400</pubDate>
      <description>
        <![CDATA[Not really trying to beat on a dead horse here, but if you look at the charts of the last year, WAG, PM, WMT and PEP were all available at 4% yields. After looking at the price runups since then, and almost everything of that type has participated, it might be wise to really consider holding the cash for a while rather than buying now if the amount is significant. <br/><br/>Whether today's price is overpriced or even cheap cannot be determined until we see the market price next year and the year after. I believe any meaningful increase in rates, less Fed Buying, will take some of the air out of the prices of the traditional higher yielding stocks. We cannot know if that will happen within any normal time frame though. Maybe the Fed is targeting the Japan interest rate model with rates low for the next 10 years.<br/><br/>Faded memories can create unusual responses to current situations.<br/>It really was not that long ago when a 3% yield would not have much influence on the investment decision.  Today's riddle is &quot;How can I earn 3%.&quot;]]>
      </description>
    </item>
    <item>
      <title>Why Arguments Against Exporting Natural Gas Don't Add Up</title>
      <link>http://seekingalpha.com/article/1423311/comments?source=feed#comment-18676321</link>
      <guid isPermaLink="false">18676321</guid>
      <content>
        <![CDATA[It was not very many years ago when the US House proposed to sue the countries in OPEC because they refused to increase output to export more oil.  John Kerry stated that the President should demand that Saudi Arabia greatly increase output when gasoline was at about $1.90 a gallon.  Now it seems that the US is refusing to develop and export.<br/><br/>As to the slightly increased costs for the low income families, consider the offset from the taxes on extraction, increase in jobs and taxes, royalties paid to private mineral owners with taxes payable, and probable lower oil prices as that commodity will have some backout if NG is cheaper around the world.  <br/><br/>I don't believe that it is possible to liquify, ship on special vessels, and then gassify again for a cost less than at least $3.  US manufacturers would have at least that much cost advantage.  It is pretty ironic of Liveris to bluster  over producers having access to export markets.  His scheme is to take the landlocked cheap gas, process it through his plants, and export the gas through his products.  Is there a real difference in export the gas or shipping fertilizer sourced from NG? <br/><br/>Once this gets going and the facilities are developed, expect to see a great deal more methanol used as motor fuel.  That could begin to break the OPEC strangle hold on the economy.  Currently identified NG reserves are sufficient for about 100 years supply.  More to come.<br/><br/>The idea that the energy companies don't own the developed resource is nonsense.  The gas has been there for several hundred million years.  It has been known that the reserves were there, just not an economic method of recovering them.  Now that the oil companies have created value for the asset, the Sierra Club claims to own it.  How much wilder can it get?]]>
      </content>
      <pubDate>Fri, 10 May 2013 11:39:41 -0400</pubDate>
      <description>
        <![CDATA[It was not very many years ago when the US House proposed to sue the countries in OPEC because they refused to increase output to export more oil.  John Kerry stated that the President should demand that Saudi Arabia greatly increase output when gasoline was at about $1.90 a gallon.  Now it seems that the US is refusing to develop and export.<br/><br/>As to the slightly increased costs for the low income families, consider the offset from the taxes on extraction, increase in jobs and taxes, royalties paid to private mineral owners with taxes payable, and probable lower oil prices as that commodity will have some backout if NG is cheaper around the world.  <br/><br/>I don't believe that it is possible to liquify, ship on special vessels, and then gassify again for a cost less than at least $3.  US manufacturers would have at least that much cost advantage.  It is pretty ironic of Liveris to bluster  over producers having access to export markets.  His scheme is to take the landlocked cheap gas, process it through his plants, and export the gas through his products.  Is there a real difference in export the gas or shipping fertilizer sourced from NG? <br/><br/>Once this gets going and the facilities are developed, expect to see a great deal more methanol used as motor fuel.  That could begin to break the OPEC strangle hold on the economy.  Currently identified NG reserves are sufficient for about 100 years supply.  More to come.<br/><br/>The idea that the energy companies don't own the developed resource is nonsense.  The gas has been there for several hundred million years.  It has been known that the reserves were there, just not an economic method of recovering them.  Now that the oil companies have created value for the asset, the Sierra Club claims to own it.  How much wilder can it get?]]>
      </description>
    </item>
    <item>
      <title>5 Highest Yielding, High Quality, Low Volatility, Consistent Dividend Growers</title>
      <link>http://seekingalpha.com/article/1410381/comments?source=feed#comment-18631501</link>
      <guid isPermaLink="false">18631501</guid>
      <content>
        <![CDATA[Mr. Shaw,<br/>It is possible that both you and the investor requiring the 4% yield could both have excellent and logical positions.  When I reflect upon your comments about the stocks that currently meet the hurdles are relatively unattractive, I've concluded that you have a good point.  However, your analysis is of the current market prices, after an extended run up in prices, and a great runup in prices of relatively stable companies with attractive dividend yields.<br/><br/>Maybe the take-away from the investor who requires something greater, from high quality companies, is that NOW is not the time to buy or add to positions.  When they tell you that they are earning 6% on their investments, that could be their Yield on Cost, so that they might not have added anything in the last 6 months or so.]]>
      </content>
      <pubDate>Thu, 09 May 2013 12:49:56 -0400</pubDate>
      <description>
        <![CDATA[Mr. Shaw,<br/>It is possible that both you and the investor requiring the 4% yield could both have excellent and logical positions.  When I reflect upon your comments about the stocks that currently meet the hurdles are relatively unattractive, I've concluded that you have a good point.  However, your analysis is of the current market prices, after an extended run up in prices, and a great runup in prices of relatively stable companies with attractive dividend yields.<br/><br/>Maybe the take-away from the investor who requires something greater, from high quality companies, is that NOW is not the time to buy or add to positions.  When they tell you that they are earning 6% on their investments, that could be their Yield on Cost, so that they might not have added anything in the last 6 months or so.]]>
      </description>
    </item>
    <item>
      <title>Tesla's Gift Box: Inefficiency Wrapped In Hype</title>
      <link>http://seekingalpha.com/article/633361/comments?source=feed#comment-18628441</link>
      <guid isPermaLink="false">18628441</guid>
      <content>
        <![CDATA[&quot;Highest Temperatures on Record&quot; is a term used to promote the AGW fraud. Considering that there are only records for about 200 years of so, the time frame is meaningless. You must know know nothing of what temperatures have been in the past and are certainly incapable of admitting that both CO2 levels and temperature levels have been higher than the present.<br/><br/>Last year is was increased tornado numbers that &quot;proved&quot; the Global Warming catastrophe was upon us. No mention this year of the very low number this year. Is it due to Global Cooling?<br/><br/>Last year it was high summer US temps that &quot;proved&quot; the Global Warming catastrophe was upon us. No mention of the extended winter in Europe this year. Or that this spring has been abnormally cold and extended. How about global Cooling for an explanation?<br/><br/>There is not enough information available to conclude that a rise in CO2 levels is a cause of temperature change. A computer model can be tortured to produce any result, torture it enough and it will produce the desired result for your political purposes. Contact Michael Mann if you need instructions on the methods.<br/><br/>Those of you who get your climate catastrophe information from Jurassic Park and an Algore movie have my sympathies. I can feel the trauma you are experiencing as a true worshiper of Mother Gaia. That religion causes you to ignore the statements from the British Meteoroligical Service which has stated that there has been no Global Warming for 15 years. It makes no difference to you because you just know that Tuvalu is sinking.<br/><br/>lIn any case, stomp, slobber, froth, spit and steam all you want.  This is my last post on the thread.  Someone else will  have to help you break free]]>
      </content>
      <pubDate>Thu, 09 May 2013 12:01:10 -0400</pubDate>
      <description>
        <![CDATA[&quot;Highest Temperatures on Record&quot; is a term used to promote the AGW fraud. Considering that there are only records for about 200 years of so, the time frame is meaningless. You must know know nothing of what temperatures have been in the past and are certainly incapable of admitting that both CO2 levels and temperature levels have been higher than the present.<br/><br/>Last year is was increased tornado numbers that &quot;proved&quot; the Global Warming catastrophe was upon us. No mention this year of the very low number this year. Is it due to Global Cooling?<br/><br/>Last year it was high summer US temps that &quot;proved&quot; the Global Warming catastrophe was upon us. No mention of the extended winter in Europe this year. Or that this spring has been abnormally cold and extended. How about global Cooling for an explanation?<br/><br/>There is not enough information available to conclude that a rise in CO2 levels is a cause of temperature change. A computer model can be tortured to produce any result, torture it enough and it will produce the desired result for your political purposes. Contact Michael Mann if you need instructions on the methods.<br/><br/>Those of you who get your climate catastrophe information from Jurassic Park and an Algore movie have my sympathies. I can feel the trauma you are experiencing as a true worshiper of Mother Gaia. That religion causes you to ignore the statements from the British Meteoroligical Service which has stated that there has been no Global Warming for 15 years. It makes no difference to you because you just know that Tuvalu is sinking.<br/><br/>lIn any case, stomp, slobber, froth, spit and steam all you want.  This is my last post on the thread.  Someone else will  have to help you break free]]>
      </description>
    </item>
    <item>
      <title>Tesla's Gift Box: Inefficiency Wrapped In Hype</title>
      <link>http://seekingalpha.com/article/633361/comments?source=feed#comment-18599011</link>
      <guid isPermaLink="false">18599011</guid>
      <content>
        <![CDATA[nogood,<br/>why would you write such nonsense.<br/>We know that there has been NO global warming for the last ten years, or more.<br/>We know that the IPCC report predicted temps to be higher than currently observed.<br/>Perhaps it is not CO2 which is the determining factor in world temperatures,  Walk outside and you might even be able to feel the sunshine on your skin.  Can you use that energy to cause a bulb in your dark brain matter to light?<br/><br/>As to changing the subject matter, it is you who have switched to some argument about what someone's models predict from elevated CO2.  My reference was to historic sea levels and to point out the sea levels have also varied over a wide range.  <br/><br/>In any case, Mr. Petersen has asked that you who worship Mother Gaia and revel in computer models of catastrophe find other spots to gather for support, rather than posting on his year old article.]]>
      </content>
      <pubDate>Wed, 08 May 2013 18:06:05 -0400</pubDate>
      <description>
        <![CDATA[nogood,<br/>why would you write such nonsense.<br/>We know that there has been NO global warming for the last ten years, or more.<br/>We know that the IPCC report predicted temps to be higher than currently observed.<br/>Perhaps it is not CO2 which is the determining factor in world temperatures,  Walk outside and you might even be able to feel the sunshine on your skin.  Can you use that energy to cause a bulb in your dark brain matter to light?<br/><br/>As to changing the subject matter, it is you who have switched to some argument about what someone's models predict from elevated CO2.  My reference was to historic sea levels and to point out the sea levels have also varied over a wide range.  <br/><br/>In any case, Mr. Petersen has asked that you who worship Mother Gaia and revel in computer models of catastrophe find other spots to gather for support, rather than posting on his year old article.]]>
      </description>
    </item>
    <item>
      <title>Tesla's Gift Box: Inefficiency Wrapped In Hype</title>
      <link>http://seekingalpha.com/article/633361/comments?source=feed#comment-18591811</link>
      <guid isPermaLink="false">18591811</guid>
      <content>
        <![CDATA[Doty,<br/>You are certainly getting closer to admitting the truth on the AGW nonsense.  Of course the IPCC report was a political document.  The models it was based upon are constructed for political purposes, as well as for purposes of fraud.  That is what has now been recognized by many of those who were once fooled into an acceptance of a nonsense catastrophe religion.]]>
      </content>
      <pubDate>Wed, 08 May 2013 15:28:28 -0400</pubDate>
      <description>
        <![CDATA[Doty,<br/>You are certainly getting closer to admitting the truth on the AGW nonsense.  Of course the IPCC report was a political document.  The models it was based upon are constructed for political purposes, as well as for purposes of fraud.  That is what has now been recognized by many of those who were once fooled into an acceptance of a nonsense catastrophe religion.]]>
      </description>
    </item>
    <item>
      <title>Tesla's Gift Box: Inefficiency Wrapped In Hype</title>
      <link>http://seekingalpha.com/article/633361/comments?source=feed#comment-18585051</link>
      <guid isPermaLink="false">18585051</guid>
      <content>
        <![CDATA[Idiots with little knowledge continue to lead the charge to control all human activeties.  They make wild claims and hurl insults.<br/><br/>If you believe that sea level changes have been only 10 meters, why don't you an experiment that even a simpleton can understand.  those White Cliffs of Dover are deposits which were below sea level.  What is the height today above sea level? <br/><br/>The Great Barrier Reef offshore Australia was once a dry basin.  How high has the sea level risen since then?<br/><br/>It is natural for levels to rise and fall.  It required no human activety in the past to initiate the changes.  It is nowhere claimed by anyone I know of on the right that the actual changes over millenia will be insignificant.  What is claimed is that the policies proscribed to change the inevitable will reduce living standards to neanderthal levels and accomplish approximately nothing with regards to forestalling climate change.  Those policies will simply make it more difficult to adapt.]]>
      </content>
      <pubDate>Wed, 08 May 2013 12:59:12 -0400</pubDate>
      <description>
        <![CDATA[Idiots with little knowledge continue to lead the charge to control all human activeties.  They make wild claims and hurl insults.<br/><br/>If you believe that sea level changes have been only 10 meters, why don't you an experiment that even a simpleton can understand.  those White Cliffs of Dover are deposits which were below sea level.  What is the height today above sea level? <br/><br/>The Great Barrier Reef offshore Australia was once a dry basin.  How high has the sea level risen since then?<br/><br/>It is natural for levels to rise and fall.  It required no human activety in the past to initiate the changes.  It is nowhere claimed by anyone I know of on the right that the actual changes over millenia will be insignificant.  What is claimed is that the policies proscribed to change the inevitable will reduce living standards to neanderthal levels and accomplish approximately nothing with regards to forestalling climate change.  Those policies will simply make it more difficult to adapt.]]>
      </description>
    </item>
    <item>
      <title>Tesla's Gift Box: Inefficiency Wrapped In Hype</title>
      <link>http://seekingalpha.com/article/633361/comments?source=feed#comment-18584331</link>
      <guid isPermaLink="false">18584331</guid>
      <content>
        <![CDATA[You fail to understand what the report was claiming.  <br/>The prediction was that temperatures would rise under all scenarios.  Restricting the CO2 output would lower the increase by 0.2 degrees.  <br/>don't let yourself be misled by the overlords with the anti-human agenda.]]>
      </content>
      <pubDate>Wed, 08 May 2013 12:45:49 -0400</pubDate>
      <description>
        <![CDATA[You fail to understand what the report was claiming.  <br/>The prediction was that temperatures would rise under all scenarios.  Restricting the CO2 output would lower the increase by 0.2 degrees.  <br/>don't let yourself be misled by the overlords with the anti-human agenda.]]>
      </description>
    </item>
    <item>
      <title>Tesla's Gift Box: Inefficiency Wrapped In Hype</title>
      <link>http://seekingalpha.com/article/633361/comments?source=feed#comment-18558461</link>
      <guid isPermaLink="false">18558461</guid>
      <content>
        <![CDATA[Sea levels have risen several hundred feet since the current warming period started and the cooling of the last ice age ended.  the suggestion is that modern humans will be forced to adjust to changing climate as have all species.  The variability of the sun's energy output will certainly continue, in spite of the promises of Algore and Obama to control the weather.<br/><br/>Now, if you want to believe in AGW and do the most that any human can do to reduce energy useage, I can suggest some jumping spots for you.  The report of the IPCC projected that a large reduction in CO2 emissions would reduce the worldwide temperature by about 0.2 degrees C in 80 years.  Quite a difference there.]]>
      </content>
      <pubDate>Tue, 07 May 2013 19:56:03 -0400</pubDate>
      <description>
        <![CDATA[Sea levels have risen several hundred feet since the current warming period started and the cooling of the last ice age ended.  the suggestion is that modern humans will be forced to adjust to changing climate as have all species.  The variability of the sun's energy output will certainly continue, in spite of the promises of Algore and Obama to control the weather.<br/><br/>Now, if you want to believe in AGW and do the most that any human can do to reduce energy useage, I can suggest some jumping spots for you.  The report of the IPCC projected that a large reduction in CO2 emissions would reduce the worldwide temperature by about 0.2 degrees C in 80 years.  Quite a difference there.]]>
      </description>
    </item>
    <item>
      <title>Is It Worth Holding Cash And Being Patient?</title>
      <link>http://seekingalpha.com/article/1408541/comments?source=feed#comment-18535731</link>
      <guid isPermaLink="false">18535731</guid>
      <content>
        <![CDATA[That $200 difference in Gain that you are analizing is really going to be immaterial in the total scheme of things if you simply held and reinvested the dividends for 20 years.  It is fun to imagine that you can make timing decisions, but it really is hard to do in real life.<br/><br/>Perhaps you select the &quot;Great Campanies&quot; you want to hold for the long term.  Let the dividends accumulate.  Buy when price is below the 200 da ma.  It might improve total return, as long as the pullback is great enough.  Look at WAG for something to cogitate over using that approach.]]>
      </content>
      <pubDate>Tue, 07 May 2013 11:06:18 -0400</pubDate>
      <description>
        <![CDATA[That $200 difference in Gain that you are analizing is really going to be immaterial in the total scheme of things if you simply held and reinvested the dividends for 20 years.  It is fun to imagine that you can make timing decisions, but it really is hard to do in real life.<br/><br/>Perhaps you select the &quot;Great Campanies&quot; you want to hold for the long term.  Let the dividends accumulate.  Buy when price is below the 200 da ma.  It might improve total return, as long as the pullback is great enough.  Look at WAG for something to cogitate over using that approach.]]>
      </description>
    </item>
    <item>
      <title>Five Risks Of MLP Investing</title>
      <link>http://seekingalpha.com/article/1240161/comments?source=feed#comment-18499201</link>
      <guid isPermaLink="false">18499201</guid>
      <content>
        <![CDATA[A further consideration along the same line of financing alternatives, the MLPs are not relying upon the banks for funding to the extent that they did in the early 2000's.  The real cause of the meltdown in the unit prices had nothing to do with the operating earnings or revenues.  the banks which had enjoyed the interest income from the safe investments were not going to roll over the short term debt.  Since that time the MLPs have used bond issues to lock in rates for some fairly long periods, maybe with higher costs that bank financing.  It results in a safer capital structure.]]>
      </content>
      <pubDate>Mon, 06 May 2013 13:29:44 -0400</pubDate>
      <description>
        <![CDATA[A further consideration along the same line of financing alternatives, the MLPs are not relying upon the banks for funding to the extent that they did in the early 2000's.  The real cause of the meltdown in the unit prices had nothing to do with the operating earnings or revenues.  the banks which had enjoyed the interest income from the safe investments were not going to roll over the short term debt.  Since that time the MLPs have used bond issues to lock in rates for some fairly long periods, maybe with higher costs that bank financing.  It results in a safer capital structure.]]>
      </description>
    </item>
    <item>
      <title>Are ECA Marcellus Trust Holders About To Get WHXed?</title>
      <link>http://seekingalpha.com/article/1285931/comments?source=feed#comment-18495381</link>
      <guid isPermaLink="false">18495381</guid>
      <content>
        <![CDATA[marketquant,<br/>I believe I mentioned above that it seemed that they were able to maintain total producetion volumes by connecting more wells as they were 1) drilled and 2) connected as pipes were available.  there could have also have been some weather delays during the fall related to both of those.<br/><br/>Since they announced that everything is drilled, completed, connected last quarter, there is no more magic to mask the decline rates.  We certainly don't know exactly what they are so it will be interesting to find out when they give the quarterly info.]]>
      </content>
      <pubDate>Mon, 06 May 2013 11:59:51 -0400</pubDate>
      <description>
        <![CDATA[marketquant,<br/>I believe I mentioned above that it seemed that they were able to maintain total producetion volumes by connecting more wells as they were 1) drilled and 2) connected as pipes were available.  there could have also have been some weather delays during the fall related to both of those.<br/><br/>Since they announced that everything is drilled, completed, connected last quarter, there is no more magic to mask the decline rates.  We certainly don't know exactly what they are so it will be interesting to find out when they give the quarterly info.]]>
      </description>
    </item>
    <item>
      <title>Are ECA Marcellus Trust Holders About To Get WHXed?</title>
      <link>http://seekingalpha.com/article/1285931/comments?source=feed#comment-18443101</link>
      <guid isPermaLink="false">18443101</guid>
      <content>
        <![CDATA[Zeus,<br/><br/>I would normally not be reluctant to provide information on brokers.  However, since you tell me it is on the Hard to Borrow list, I believe I should just let this one ride without advertisement.  I guess I just got lucky.  And this specific firm is difficult to deal with on the Forced to Cover notices for shares unavailable.<br/><br/>Hope the 12.50 Puts work out for you.  Considering the high cash distributions on this one, all of the options just seemed expensive to me.  That could indicate that there is a great deal of skepticism about the results to be reported soon.]]>
      </content>
      <pubDate>Sat, 04 May 2013 12:51:51 -0400</pubDate>
      <description>
        <![CDATA[Zeus,<br/><br/>I would normally not be reluctant to provide information on brokers.  However, since you tell me it is on the Hard to Borrow list, I believe I should just let this one ride without advertisement.  I guess I just got lucky.  And this specific firm is difficult to deal with on the Forced to Cover notices for shares unavailable.<br/><br/>Hope the 12.50 Puts work out for you.  Considering the high cash distributions on this one, all of the options just seemed expensive to me.  That could indicate that there is a great deal of skepticism about the results to be reported soon.]]>
      </description>
    </item>
    <item>
      <title>Are ECA Marcellus Trust Holders About To Get WHXed?</title>
      <link>http://seekingalpha.com/article/1285931/comments?source=feed#comment-18443021</link>
      <guid isPermaLink="false">18443021</guid>
      <content>
        <![CDATA[marketquant,<br/>No, I did not listen.]]>
      </content>
      <pubDate>Sat, 04 May 2013 12:45:16 -0400</pubDate>
      <description>
        <![CDATA[marketquant,<br/>No, I did not listen.]]>
      </description>
    </item>
    <item>
      <title>Are ECA Marcellus Trust Holders About To Get WHXed?</title>
      <link>http://seekingalpha.com/article/1285931/comments?source=feed#comment-18441091</link>
      <guid isPermaLink="false">18441091</guid>
      <content>
        <![CDATA[Which one are you referring to as the &quot;final conference call&quot;?]]>
      </content>
      <pubDate>Sat, 04 May 2013 11:26:50 -0400</pubDate>
      <description>
        <![CDATA[Which one are you referring to as the &quot;final conference call&quot;?]]>
      </description>
    </item>
    <item>
      <title>Running The Kinder Morgan Tax Obstacle Course</title>
      <link>http://seekingalpha.com/article/1402541/comments?source=feed#comment-18441051</link>
      <guid isPermaLink="false">18441051</guid>
      <content>
        <![CDATA[I have not really kept current on the tax accounting for Passive Losses and Passive Gains.  I do recall that when the limitations on Passive Loss deductions was first instituted there was a rush to try try to find Passive Income Generators (PIGS) as, at that time Passive Losses cound be used to offset Passive Gains from other partnerships, somewhat sidestepping the limits on deductibility.]]>
      </content>
      <pubDate>Sat, 04 May 2013 11:24:39 -0400</pubDate>
      <description>
        <![CDATA[I have not really kept current on the tax accounting for Passive Losses and Passive Gains.  I do recall that when the limitations on Passive Loss deductions was first instituted there was a rush to try try to find Passive Income Generators (PIGS) as, at that time Passive Losses cound be used to offset Passive Gains from other partnerships, somewhat sidestepping the limits on deductibility.]]>
      </description>
    </item>
    <item>
      <title>Want To Retire Before 60? Here Is What You Need To Know</title>
      <link>http://seekingalpha.com/article/1388981/comments?source=feed#comment-18440811</link>
      <guid isPermaLink="false">18440811</guid>
      <content>
        <![CDATA[noobie107,<br/>Look at Folioinvesting as a possible broker for the Roth IRA.   Folioinvesting is not necessarily as full featured as several other brokers in the offering of investment options.  However, market orders are only $3, they will let you own partial shares, and will Drip the dividends for no cost.  Since this is a IRA account the investment options are limited anyway because of the account type.  <br/><br/>The disadvantage of the Roth style account for many people is that there is no immediate deduction from income for tax purposes.  You will not be paying any taxes anyway so that disadvantage does not matter to you.  The ultimate real advantage to the Roth is the tax free withdrawal, with no mandatory withdrawal at any time.  It is hard to look 30 years into the future, while dealing with the immediate and real costs of today.  What you have is an opportunity to begin funding a great form of retirement plan,  If you don't take advantage of the limited amount of annual contribution you lose that opportunity for the current year forever.<br/><br/>You seem to have a pretty good handle on budgeting.  A possible solution to the problem of accessing the dividend cash is to just reduce the initial contribution to the Roth and keep the money available in checking.  It won't really make all that much difference if you do not contribute three or four hundred dollars.  Getting some of the money socked away, to compound tax free untouched by the tax man is a good idea, whether it is $3,000 or $4,000 or $5,000 that you start with.]]>
      </content>
      <pubDate>Sat, 04 May 2013 11:14:20 -0400</pubDate>
      <description>
        <![CDATA[noobie107,<br/>Look at Folioinvesting as a possible broker for the Roth IRA.   Folioinvesting is not necessarily as full featured as several other brokers in the offering of investment options.  However, market orders are only $3, they will let you own partial shares, and will Drip the dividends for no cost.  Since this is a IRA account the investment options are limited anyway because of the account type.  <br/><br/>The disadvantage of the Roth style account for many people is that there is no immediate deduction from income for tax purposes.  You will not be paying any taxes anyway so that disadvantage does not matter to you.  The ultimate real advantage to the Roth is the tax free withdrawal, with no mandatory withdrawal at any time.  It is hard to look 30 years into the future, while dealing with the immediate and real costs of today.  What you have is an opportunity to begin funding a great form of retirement plan,  If you don't take advantage of the limited amount of annual contribution you lose that opportunity for the current year forever.<br/><br/>You seem to have a pretty good handle on budgeting.  A possible solution to the problem of accessing the dividend cash is to just reduce the initial contribution to the Roth and keep the money available in checking.  It won't really make all that much difference if you do not contribute three or four hundred dollars.  Getting some of the money socked away, to compound tax free untouched by the tax man is a good idea, whether it is $3,000 or $4,000 or $5,000 that you start with.]]>
      </description>
    </item>
    <item>
      <title>Are ECA Marcellus Trust Holders About To Get WHXed?</title>
      <link>http://seekingalpha.com/article/1285931/comments?source=feed#comment-18440291</link>
      <guid isPermaLink="false">18440291</guid>
      <content>
        <![CDATA[I just put through an order to short and it executed.  Nothing market moving in size.  Buying some Puts seemed to be a good idea but the spreads and premiums seemed excessive, IIRC,  I maybe should have looked at trying to do a vertical Put spread but the strikes were pretty wide so it was difficult to get it balanced right for me.  Low priced stocks have their own problems with the strike price intervals.]]>
      </content>
      <pubDate>Sat, 04 May 2013 10:51:07 -0400</pubDate>
      <description>
        <![CDATA[I just put through an order to short and it executed.  Nothing market moving in size.  Buying some Puts seemed to be a good idea but the spreads and premiums seemed excessive, IIRC,  I maybe should have looked at trying to do a vertical Put spread but the strikes were pretty wide so it was difficult to get it balanced right for me.  Low priced stocks have their own problems with the strike price intervals.]]>
      </description>
    </item>
    <item>
      <title>Are ECA Marcellus Trust Holders About To Get WHXed?</title>
      <link>http://seekingalpha.com/article/1285931/comments?source=feed#comment-18403431</link>
      <guid isPermaLink="false">18403431</guid>
      <content>
        <![CDATA[I could not stand it and got short again at 13.60 a week or so ago.  This is not a Go to Zero investment, at least not any time soon,  It is just so darned overpriced that It has to be a short that will payoff.  Every mcf delivered at today's price is one that cannot be sold on any gas price increase two years from now, if it does really increase.  So I look at any cash I have to pay in dividends as insurance that the price cannot go up as the assets are shrinking.  NG supply continues to increase because of liquids development.<br/><br/>This has been the longest stretch I can remember without a trip to the liquor store.  It is still in my mind.  I apologize for missing the contribution to your Derby party.  Hope you have a ticket on a winner there, too.]]>
      </content>
      <pubDate>Fri, 03 May 2013 10:49:41 -0400</pubDate>
      <description>
        <![CDATA[I could not stand it and got short again at 13.60 a week or so ago.  This is not a Go to Zero investment, at least not any time soon,  It is just so darned overpriced that It has to be a short that will payoff.  Every mcf delivered at today's price is one that cannot be sold on any gas price increase two years from now, if it does really increase.  So I look at any cash I have to pay in dividends as insurance that the price cannot go up as the assets are shrinking.  NG supply continues to increase because of liquids development.<br/><br/>This has been the longest stretch I can remember without a trip to the liquor store.  It is still in my mind.  I apologize for missing the contribution to your Derby party.  Hope you have a ticket on a winner there, too.]]>
      </description>
    </item>
    <item>
      <title>Want To Retire Before 60? Here Is What You Need To Know</title>
      <link>http://seekingalpha.com/article/1388981/comments?source=feed#comment-18334711</link>
      <guid isPermaLink="false">18334711</guid>
      <content>
        <![CDATA[noobie 107,<br/>Yes, open the Roth IRA account.  If worse comes to worse and you absolutely have to have the cash, you can withdraw the initial deposits without any penalty.  Penalties and taxes only apply to withdrawal of gains.  The real penalty of withdrawal is that you cannot put it back and are still covered by the annual contribution limits.<br/><br/>Find something which pays a moderate dividend and let it compound.  After several years of contributions you should have enough to try some more adventurous strategies.  Just don't let that initial grub stake get whacked out on you.]]>
      </content>
      <pubDate>Wed, 01 May 2013 18:02:41 -0400</pubDate>
      <description>
        <![CDATA[noobie 107,<br/>Yes, open the Roth IRA account.  If worse comes to worse and you absolutely have to have the cash, you can withdraw the initial deposits without any penalty.  Penalties and taxes only apply to withdrawal of gains.  The real penalty of withdrawal is that you cannot put it back and are still covered by the annual contribution limits.<br/><br/>Find something which pays a moderate dividend and let it compound.  After several years of contributions you should have enough to try some more adventurous strategies.  Just don't let that initial grub stake get whacked out on you.]]>
      </description>
    </item>
    <item>
      <title>Linn Energy - A Stock To Buy With REIT Dividends</title>
      <link>http://seekingalpha.com/article/1327261/comments?source=feed#comment-17432111</link>
      <guid isPermaLink="false">17432111</guid>
      <content>
        <![CDATA[Pickin,<br/>that is a problem with Scottrade.  That brokerage firm will not do an automatic div reinvestment for no charge.  and they will not allow partial shares, as Ameritrade will.  An interesting alternative is Foliofn / Folio Investing.]]>
      </content>
      <pubDate>Tue, 09 Apr 2013 23:06:31 -0400</pubDate>
      <description>
        <![CDATA[Pickin,<br/>that is a problem with Scottrade.  That brokerage firm will not do an automatic div reinvestment for no charge.  and they will not allow partial shares, as Ameritrade will.  An interesting alternative is Foliofn / Folio Investing.]]>
      </description>
    </item>
    <item>
      <title>Building A Simple Trading System To Diversify Your Portfolio: Part 3</title>
      <link>http://seekingalpha.com/article/1329931/comments?source=feed#comment-17428231</link>
      <guid isPermaLink="false">17428231</guid>
      <content>
        <![CDATA[This system thing is now built into something interesting.  thanks for providing the information.]]>
      </content>
      <pubDate>Tue, 09 Apr 2013 20:57:12 -0400</pubDate>
      <description>
        <![CDATA[This system thing is now built into something interesting.  thanks for providing the information.]]>
      </description>
    </item>
    <item>
      <title>Are ECA Marcellus Trust Holders About To Get WHXed?</title>
      <link>http://seekingalpha.com/article/1285931/comments?source=feed#comment-17405471</link>
      <guid isPermaLink="false">17405471</guid>
      <content>
        <![CDATA[The investor can choose their own required return.  That required return should be greater than their cost of capital.  Using the required return to discount cash flows and achieve a value estimate for the asset is useful to compare to the present market value of the asset.  Invest in ontly those with market values less than the value calculated using the required return discount rate.<br/><br/>An alternative method of comparing investment alternatives is to compute the XIRR for the estimated cash flows.  Assume the returned cash flows are reinvested at the required return rate, not the calculated IRR for the particular investment.<br/><br/>All financial valuations are based upon discounting cash flows.  It should not be a surprise to suddenly discover that.]]>
      </content>
      <pubDate>Tue, 09 Apr 2013 12:16:12 -0400</pubDate>
      <description>
        <![CDATA[The investor can choose their own required return.  That required return should be greater than their cost of capital.  Using the required return to discount cash flows and achieve a value estimate for the asset is useful to compare to the present market value of the asset.  Invest in ontly those with market values less than the value calculated using the required return discount rate.<br/><br/>An alternative method of comparing investment alternatives is to compute the XIRR for the estimated cash flows.  Assume the returned cash flows are reinvested at the required return rate, not the calculated IRR for the particular investment.<br/><br/>All financial valuations are based upon discounting cash flows.  It should not be a surprise to suddenly discover that.]]>
      </description>
    </item>
    <item>
      <title>Using Percent Above Average Yield For Reinvesting Dividends</title>
      <link>http://seekingalpha.com/article/1316201/comments?source=feed#comment-17186761</link>
      <guid isPermaLink="false">17186761</guid>
      <content>
        <![CDATA[One factor that you might consider adding to the reinvestment evaluation is a low yield cutoff.  It would become Percentage Above Average Yield and greater than 3.5%.  No matter how fast the dividend grows, it will be difficult to have large dividend income if the initial yield is very low.<br/><br/>Congratulations on the nice portfolio gains.  It seems that your method is able to identify undervalued companies.  If you can successfully evaluate whether there is any real longterm imparement causing the temporary higher yield, you can continue to be successful with it.  In some respects it is not far removed from looking at Percentage Below Normal P/E Ratio, particularly when looking at the low yielding selections.]]>
      </content>
      <pubDate>Wed, 03 Apr 2013 17:34:04 -0400</pubDate>
      <description>
        <![CDATA[One factor that you might consider adding to the reinvestment evaluation is a low yield cutoff.  It would become Percentage Above Average Yield and greater than 3.5%.  No matter how fast the dividend grows, it will be difficult to have large dividend income if the initial yield is very low.<br/><br/>Congratulations on the nice portfolio gains.  It seems that your method is able to identify undervalued companies.  If you can successfully evaluate whether there is any real longterm imparement causing the temporary higher yield, you can continue to be successful with it.  In some respects it is not far removed from looking at Percentage Below Normal P/E Ratio, particularly when looking at the low yielding selections.]]>
      </description>
    </item>
    <item>
      <title>Don't Fight The Japanese Fed; How A Japanese ETF Beat The Dow Jones Industrials</title>
      <link>http://seekingalpha.com/article/1308801/comments?source=feed#comment-17004671</link>
      <guid isPermaLink="false">17004671</guid>
      <content>
        <![CDATA[History is history and DXJ has certainly been a winner over the past few months.  However I would remain cautious on Japan.   Industrial production dropped 11% year over year.  Unemployment just went up a bit.  And, even with the money printing, the anticipated inflation rate was not met since prices actually ticked down.<br/><br/>Once they get the desired inflation from the money printing, it could easily get out of control.  Any modest uptick in Japanese interest rates will give the budget a bad case of the loose bowel syndrome.]]>
      </content>
      <pubDate>Sat, 30 Mar 2013 00:47:54 -0400</pubDate>
      <description>
        <![CDATA[History is history and DXJ has certainly been a winner over the past few months.  However I would remain cautious on Japan.   Industrial production dropped 11% year over year.  Unemployment just went up a bit.  And, even with the money printing, the anticipated inflation rate was not met since prices actually ticked down.<br/><br/>Once they get the desired inflation from the money printing, it could easily get out of control.  Any modest uptick in Japanese interest rates will give the budget a bad case of the loose bowel syndrome.]]>
      </description>
    </item>
    <item>
      <title>An Interesting Trade In Tesla</title>
      <link>http://seekingalpha.com/article/1309171/comments?source=feed#comment-16996071</link>
      <guid isPermaLink="false">16996071</guid>
      <content>
        <![CDATA[Perhaps the car should be referred to as having &quot;little utility&quot; since it cannot be used to travel out of the county.<br/><br/>How long would it take to drive one of the TSLA vehicles from Chicago to New Orleans?  Wouldn't it be better to get it a train ticket?]]>
      </content>
      <pubDate>Fri, 29 Mar 2013 17:39:11 -0400</pubDate>
      <description>
        <![CDATA[Perhaps the car should be referred to as having &quot;little utility&quot; since it cannot be used to travel out of the county.<br/><br/>How long would it take to drive one of the TSLA vehicles from Chicago to New Orleans?  Wouldn't it be better to get it a train ticket?]]>
      </description>
    </item>
    <item>
      <title>An Interesting Trade In Tesla</title>
      <link>http://seekingalpha.com/article/1309171/comments?source=feed#comment-16992351</link>
      <guid isPermaLink="false">16992351</guid>
      <content>
        <![CDATA[I suppose it is possible that TSLA can keep the hype underway for several more quarters.  Eventually there will be a reckoning with those who paid a lot of cash for an underperforming auto.]]>
      </content>
      <pubDate>Fri, 29 Mar 2013 15:31:25 -0400</pubDate>
      <description>
        <![CDATA[I suppose it is possible that TSLA can keep the hype underway for several more quarters.  Eventually there will be a reckoning with those who paid a lot of cash for an underperforming auto.]]>
      </description>
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