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mikeginn

mikeginn
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  • Coming To Terms With American Capital Agency [View article]
    I've owned AGNC for awhile. I like the reduced leverage and that they've taken a dividend cut to pay for it now rather than later. I'm rolling my dividends into more shares.
    Apr 29, 2015. 02:50 AM | 5 Likes Like |Link to Comment
  • American Capital Agency's Q1 2015 Income Statement Projection - Part 3 [View article]
    ok, holding tight and hoping for a relatively good BV report.
    thanks, as always.
    Apr 15, 2015. 07:44 PM | 2 Likes Like |Link to Comment
  • The Best ETF Of Our Time (AKA How To Become A Billionaire Without Really Trying) [View article]
    thus the strategy of betting on both.
    Apr 4, 2015. 01:53 PM | Likes Like |Link to Comment
  • mREITs: This Is Not The Time To Get Long [View article]
    William, Matthew, and other posters here,
    Thanks for the conversation, as it is adding to my understanding of mREITS.
    Current AGNC long, former MTGE, CMO, WMC. Will add back MTGE after a good reaction to the first interest rate hike.
    Mar 23, 2015. 08:49 PM | 1 Like Like |Link to Comment
  • As I Expected, Allied Nevada Files For Chapter 11 [View article]
    The expansion plans are costly and not likely to be funded in this PM market.
    Mar 16, 2015. 04:42 AM | 1 Like Like |Link to Comment
  • As I Expected, Allied Nevada Files For Chapter 11 [View article]
    The old ANV shares have been wiped out via a conversion to ANVGQ warrants which may give holders option to buy some of the new shares most of which are being awarded to bondholders in exchange for their debt. I personally would not exercise a warrant to buy the new equity shares at this point, so the warrants to me are worthless. Mine assets are not worth much if the mine cannot operate profitably at current PM prices, has a new slew of debt that has priority over new equity shares, and when the new equity shares have suffered dilution even from the bondholders price via new stock grants to lenders of a stopgap loan and management incentives. Bankruptcy documents are findable online and spell out the story of what is coming.
    Mar 12, 2015. 08:05 PM | Likes Like |Link to Comment
  • A Closer Look At Enterprise Products Partners' Distributable Cash Flow As Of 4Q 2014 [View article]
    You are answering questions that "keep me up at night' and do so for two of my four MLP's. Thanks.
    Mar 11, 2015. 03:58 PM | 1 Like Like |Link to Comment
  • ONEOK Reduces Dividend Guidance, How Bad Is It? [View article]
    thanks for your updated opinion on ONEOK
    Feb 25, 2015. 06:18 PM | 3 Likes Like |Link to Comment
  • It's Time To Buy The Oil Panic Of 2014 [View article]
    The ratio could also be solved by the price of gold dropping, I'm glad you don't think this will be the case.
    Dec 17, 2014. 03:20 PM | Likes Like |Link to Comment
  • A 'Yenning' For Gold [View article]
    If silver and gold prices continue at this level or lower, ANV will have trouble making money and is at risk of continual dilution to fund operations. And they are on the clock as most of their debt is due in a handful of years. As the author suggests, ANV is a bet on an immediate rise in silver and/or gold prices. I think the ANV price is appropriate here (sub 1.00) for the risks and reward. I am a past holder of ANV and have no immediate plans to buy back in.
    Dec 12, 2014. 01:09 PM | Likes Like |Link to Comment
  • Crude Oil: Where Do We Go From Here? [View article]
    Aricool,
    I'm trying to understand the difficulties which may occur if oil stays under 60 for a year or more -- which is possible. I am afraid of what you are saying, that most frackers will be unable to service their borrowings and go out of business; Richard agrees I think. I'm not looking to buy or short exposure to energy or junk bonds, but trying to guage impact of a large event such as a fundamental oil price shift would be to the larger market, the dollar, commodities, etc.
    Mike
    Dec 1, 2014. 03:08 PM | Likes Like |Link to Comment
  • Crude Oil: Where Do We Go From Here? [View article]
    David,
    So you seem unconcerned that the US shale producers will be able to scale down their operations and pay off their debt while waiting for the oil prices to come back to where they are profitable?
    Thanks for your article and answers to posts.
    Mike
    Dec 1, 2014. 01:58 PM | Likes Like |Link to Comment
  • The Crash Of Oil Prices Could Be The Opportunity Of The Decade [View article]
    ...the knife still has a way to fall. be patient.
    Nov 29, 2014. 11:10 PM | 4 Likes Like |Link to Comment
  • Contrary To What Most Market Participants Believe, Our Dollar Is Verging On Collapse [View article]
    Long term treasuries were way up during the crash. US dollar against other currencies but the yen was way up. Gold only a little bit.
    Nov 21, 2014. 11:32 AM | Likes Like |Link to Comment
  • S&P 500: Generational Opportunity In The Making [View article]
    perhaps current bubble blows are linked to the suppressed bong yields?
    Nov 19, 2014. 09:02 PM | Likes Like |Link to Comment
COMMENTS STATS
125 Comments
105 Likes