Seeking Alpha

GGjr

GGjr
Send Message
View as an RSS Feed
View GGjr's Comments BY TICKER:
Latest  |  Highest rated
  • CEFL September Dividend Projected To Bring Yield To 18.2% [View article]
    As long as the div's keep coming what "the market" values the shares at on any given day is not that important as you are not selling them to try and reap a gain to create a yield. It does make the reinvestment part of the equation a better deal for you however. :)

    and yes, I'm that old.

    SLVO reflects the price of SLV which reflects the price of silver. And PM's have been going sideways for a couple of years - perfect for an options strategy.
    Aug 19 09:50 AM | 1 Like Like |Link to Comment
  • CEFL September Dividend Projected To Bring Yield To 18.2% [View article]
    Hi User 125....

    Own them all (CEFL, MORL, BDCL, SLVO) and you will be pretty well diversified from an "income" generating standpoint.

    Depending on where you look for the info, the average yield on equal dollar amounts invested in all 4 is ~17.50%.

    Live on 10% and reinvest the other 7% for a continuously increasing passive income.

    Not too shabby for a fire and forget swinging in a hammock in the backyard portfolio.

    just one way to play it.

    YRMV
    Aug 19 12:01 AM | 1 Like Like |Link to Comment
  • Synaptics: Buy For Short-Term And Long-Term Gains [View article]
    Sold 110 CALL (NASDAQ:SYNA) SYNAPTICS INC SEP 20 14 $80 (100 SHS) (Margin) for $4.20.

    We'll see what September brings. While I'm waiting for September to arrive I'll use the $ to buy some AAPL

    YRMV.
    Aug 18 09:57 AM | 1 Like Like |Link to Comment
  • Western Asset Mortgage Capital Nails The Quarter - Cautious On 18% [View article]
    OK, and waking up tomorrow is not to be taken for granted either, :)

    that said, I've owned UPS for 30+ years, and the div was never cut. I was not increased a couple of times when the overall market tanked, but it was not cut.

    it was just a suggestion.
    Aug 13 04:12 PM | Likes Like |Link to Comment
  • Western Asset Mortgage Capital Nails The Quarter - Cautious On 18% [View article]
    You might look at UPS if you are looking for one that has not cut their dividend since going public and probably will not unless we have a depression..

    http://onforb.es/1vJ0Tzj

    Disclosure: I have some.
    Aug 13 03:50 PM | Likes Like |Link to Comment
  • Western Asset Mortgage Capital Nails The Quarter - Cautious On 18% [View article]
    All the more reason to sell those Jan 17 $12.50 calls before the price drops then.
    :)

    Disclosure: I sold the Jan 17 $15.00 calls
    Aug 13 10:50 AM | 1 Like Like |Link to Comment
  • Synaptics: Buy For Short-Term And Long-Term Gains [View article]
    When I sold the calls on July 21, I think SYNA was ~$82.

    With the stock price closing today at $79.84, (After Hours: $79.30 -$0.54 (-0.68%) I don't see it jumping up $6+ in the next 3 days.

    But it might, anything's possible in the current low volume environment.

    The current plan (since Septembers are usually a down month more often than not) is to sell the Sept 20 $80's for $4 or more next Monday.
    Aug 12 05:40 PM | 2 Likes Like |Link to Comment
  • Synaptics: Buy For Short-Term And Long-Term Gains [View article]
    I hope it does not got to $90 until 8/18 as I sold the (NASDAQ:SYNA) SYNAPTICS INC AUG 16 14 $85 CALL (100 SHS) (Margin) last month and am sitting on a fat profit.

    I'd hate to have to cover that.

    YRMV
    Aug 12 05:09 PM | Likes Like |Link to Comment
  • Western Asset Mortgage Capital Nails The Quarter - Cautious On 18% [View article]
    If you think the dividend will/should be cut and therefor the price will drop by 15% why not sell the Jan 17 $12.50 calls to hedge your position?

    currently bid at $2.35.

    Disclosure: I have a large position in WMC
    Aug 12 11:47 AM | 2 Likes Like |Link to Comment
  • CEFL August Dividend Projected To Bring Yield To 18.4% [View article]
    Given that 99% of financial "predictions" (if you don't like 99% pick another random number that makes you happy) - whether they are from "the street" or "consensus", or from paid sell or buy side analysts at various Big Name firms or from the talking heads on TV are incorrect - I'm curious as to why a few pennies or so either way make any real world difference to anyone here on SA?

    If the Professor doesn't nail it to 4 decimal places every time - so what?

    It's a rounding error in my account.

    YRMV.
    Aug 10 09:41 AM | 3 Likes Like |Link to Comment
  • CEFL August Dividend Projected To Bring Yield To 18.4% [View article]
    Hey Bert -

    if you think his methods are lacking - do it yourself and report back.

    YRMV.
    Aug 8 03:46 PM | Likes Like |Link to Comment
  • CEFL August Dividend Projected To Bring Yield To 18.4% [View article]
    @ jade mid -

    is your time horizon the every 15 seconds when your quote screen refreshes or 1-2-3-4-5 years from now after you have consistently reinvested the dividends?

    Stocks go up and stocks go down based more on our collective greed & fears than anything else (JMO of course), that's just what they do.

    If you thought CEFL was a good enough buy last week to get in then it must be a screaming fire sale bargain this week.

    No one knows where "the bottom is" in any stock before it happens or where the upper limit is in the proverbial sky either before we hit it.

    I've never seen so many worrywarts in my investing life as I have on SA.

    Never buy anything because someone else is (or sell for that matter).

    Do your own DD and then buy (or not) and then go for a drive, the air flow at 150+ clears the mind..

    YRMV

    Disclosure: I currently own SLVO, MORL, CEFL, BDCL, AAPL, UPS, AGQ, OLED, SYNA, WMC, in positions of varying sizes based on my mood.
    Aug 4 02:01 PM | 1 Like Like |Link to Comment
  • CEFL August Dividend Projected To Bring Yield To 18.4% [View article]
    @lampshade2

    Just as stable as the entire market is, ALL of which is only valued at whatever we agree it is on any given day. Take GPRO for example:

    http://bit.ly/WUIYXb

    Disclosure: I bought more shares of MORL & CEFL & SLVO on the dip, and all my calls I sold Monday July 28 expired worthless to the buyer Friday.

    All in all, a great week to be in the market.

    YRMV.
    Aug 3 01:56 PM | 1 Like Like |Link to Comment
  • Will United Parcel Top The Whisper Number This Quarter? [View article]
    "sell the news" seems to be the order of the day.

    Dammit - too bad I didn't sell the $101's. Oh well. there is always next week.
    Jul 29 08:54 AM | Likes Like |Link to Comment
  • Will United Parcel Top The Whisper Number This Quarter? [View article]
    I sold the $103 calls today for $1.

    whooweee! Roll them dice.
    Jul 28 11:01 PM | Likes Like |Link to Comment
COMMENTS STATS
231 Comments
174 Likes