Guardian3981

Guardian3981
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  • Free Money Friday- Japan Goes Negative And 'Saves' Asia (For Now)  [View article]
    Banks are not lending because of the plethora of regulations aimed to supposedly protect borrowers. What it has caused is banks are weary of lending to anyone because of all the regulatory burden involved with doing so.
    Jan 29, 2016. 11:56 AM | Likes Like |Link to Comment
  • Is This A Buying Opportunity For Business Development Companies?  [View article]
    Bought 100 more of MAIN at 27.30 today.
    Jan 14, 2016. 02:21 PM | 1 Like Like |Link to Comment
  • Is This A Buying Opportunity For Business Development Companies?  [View article]
    Props to BDC buzz for making it to a SA headline!

    http://seekingalpha.co...
    Jan 14, 2016. 12:50 PM | 4 Likes Like |Link to Comment
  • Is This A Buying Opportunity For Business Development Companies?  [View article]
    I think folks need to keep in mind that while MAIN gets a lot of positive coverage and for good reason, it nonetheless sells at a large premium to NAV, the highest premium in the industry. This will leave it vulnerable to potential short term large dips as happened today (down 5%) at one time.

    I also think a recession is unlikely at this point. Most conditions that lead to the last recession are not happening right now. I would say we are a good 2-3 years away at least.
    Jan 14, 2016. 11:34 AM | Likes Like |Link to Comment
  • Is This A Buying Opportunity For Business Development Companies?  [View article]
    Thanks Buzz.

    I share your sentiment. I am looking to add to main hopefully in the 27ish range.
    Jan 14, 2016. 08:42 AM | Likes Like |Link to Comment
  • Oil And Debt And Little Or No Inflation  [View article]
    I need to correct my original post I was in a hurry at work.

    Ford raised wages to reduce turnover.

    Your quote sounds nice, however I see little relevance for anything going on today. Shake shack is one of the fastest growing businesses, it sells fast food. Obviously people must have enough "leisure" time for this to happen.
    Jan 13, 2016. 04:30 PM | Likes Like |Link to Comment
  • Oil And Debt And Little Or No Inflation  [View article]
    Ahh, the famous Ford rhetoric where people naively think he raised wages so people could "buy the products they were producing."

    Ford raised wages to reduce productivity, its that simple. People use him as some kind of figurehead for higher min wages and every other socialist policy.
    Jan 13, 2016. 02:33 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Europe And U.S. Markets Look To Decouple From China  [View article]
    If the Saudia state oil company becomes private shouldn't that put upward pressure on oil prices? A private company would be more concerned with producing for profits then producing to destroy Iran.

    deercreekvols

    I really hope Cuomo gets thrown out this year, he is literally turning this state into a socialist breeding ground.
    Jan 11, 2016. 08:44 AM | 4 Likes Like |Link to Comment
  • Chipotle lowers Q4 expectations, discloses federal subpoena  [View news story]
    "the federal investigation should focus on $700.00/share for a company making burritos "

    Naïve comment, share price also is influenced by share count.

    The actual price of a stock really is meaningless in and of itself, you have to take into account earnings, shares outstanding, etc.
    Jan 6, 2016. 11:37 AM | 2 Likes Like |Link to Comment
  • Stocking Stuffers: Discounted Business Development Companies?  [View article]
    The general belief in the investment community has always been something along the lines "while insiders may sell for a variety of reasons they generally only buy for one, being they have confidence in the future of the company."

    I don't entirely agree with that, at some point "insiders" may buy to save their own skin. Especially in the case of a BDC, where the price to NAV can have immense impacts.

    I am not saying there is much likelihood of this happening. But say PSEC "insiders" buy alot of stock, and then this "signals" alot of other investors to buy and bid up the price. Well now the price to NAV ratio is more favorable and those same "insiders" can decide to issue more stock which is more favorable at the higher price they helped bid up.

    I think the short term may be challenging for BDCs seeing as though earnings in theory should be under pressure with increasing rates before 1%.

    The ideal scenario for me is MAIN can maintain earnings closely to 2015 in 2016 and if/when rates rise above 1% they will be positioned to profit highly and I can cash in on that. I think right now the market is anticipating rates >1% in early to mid 2017, though I am skeptical of that.
    Dec 23, 2015. 10:12 AM | 2 Likes Like |Link to Comment
  • McDonald's Is My Dividend Cash Cow Turnaround  [View article]
    How is all the socialism going to influence MCD?

    Here in the grand state of NY king Cuomo is raising fast food min wages to 15$ an hour. That is a huge increase to absorb.

    Yes, I know that this is at the franchise level. But doesn't anyone think franchises will then push back against the parent for a break or they will go out of business.
    Nov 17, 2015. 06:14 PM | 1 Like Like |Link to Comment
  • Food Prices Getting Cheaper - Or Are They?  [View article]
    Yes, the cost of food especially in the US has risen because of the socialistic leaning policies like MW hikes and health care along with many others.
    Nov 16, 2015. 12:03 PM | 2 Likes Like |Link to Comment
  • Faltering Friday - Eurozone GDP 0.3% From Recession  [View article]
    I agree, housing for example the Fed propped up, i think housing prices need to come down.

    That is part of the reason the MW drumbeat is so loud is the cost of rent in many areas is insanely high. If a single bedroom apartment rent is 2 grand a month, even a 15 dollar MW isn't going to be enough for such high cost of living.

    I have long argued when you work on cost of living EVERYBODY benefits. When you go at the problem from income (like tax credits, MW, etc) only a minority benefit.
    Nov 14, 2015. 01:11 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: S&P Turns Negative For 2015  [View article]
    Watch this

    http://bit.ly/1WWMEiF
    Nov 13, 2015. 12:25 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: S&P Turns Negative For 2015  [View article]
    Let's get something clear. Any price control is an act of socialism.

    Second, my post offered a reasonable min wage based on median wage percentage.

    I do not see anywhere in my post mentioning beggars.

    Not sure what you by "Mean Stream Media" here on SA.

    SA has a lot of intelligent people, as it usually takes some to invest. It makes sense that the community considered issues more with the intellect then the "heart."
    Nov 13, 2015. 12:03 PM | 3 Likes Like |Link to Comment
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