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Jack Lance

Jack Lance
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  • Starwood Property down 2.5% on capital raise [View news story]
    Looks like there is going to be a wave of secondary offerings in the MREIT/BDC sector. Buy on the news or wait out the wave ?
    Apr 14, 2015. 11:46 PM | Likes Like |Link to Comment
  • Occidental Petroleum declares $0.72 dividend [View news story]
    Also remember that OXY is going to spin off more shares of CRC as well, another 20% I believe. So you can look at that as a nice little future "special" dividend..
    Feb 12, 2015. 10:43 AM | 1 Like Like |Link to Comment
  • Occidental Petroleum declares $0.72 dividend [View news story]
    In their earnings conference call on 4th quarter earnings they said they were going to defer to the 3rd quarter this year to assess what their dividend increase should be. They did reiterate their commitment to yearly dividend increases. So no reason to be concerned....
    Feb 12, 2015. 10:39 AM | Likes Like |Link to Comment
  • Viacom off after revenue miss; layoffs likely? [View news story]
    Maybe TWX's Sniper took a shot at VIA and VIA's share price ducked...
    Feb 4, 2015. 02:46 PM | Likes Like |Link to Comment
  • Occidental Petroleum Corporation, 4-Star Stock With A High Free Cash Flow Payout [View article]
    I said it in my earlier comments that this oil price plunge has hit OXY harder than the integrated names which would account for most of the 5 years performance differences , conversely when oil prices rebound OXY will outperform the integrated names in spades. So if someone is seeking a entry point in OXY this might be the optimum time. Of course nobody can be certain of when that price rebound will happen.
    Dec 24, 2014. 09:06 PM | 1 Like Like |Link to Comment
  • What You Didn't Know About The Defense Industry [View article]
    So what you guys are saying is that LMT is a buy ?!
    Dec 14, 2014. 08:26 PM | 1 Like Like |Link to Comment
  • Glori Energy's (GLRI) CEO Stuart Page on Q3 2014 Results - Earnings Call Transcript [View article]
    I've never seen a pump and dump with 3 well known analysis recommendations to buy ! No one at the conference call raised any similar suspicions..Maybe the shorts are pumping their short positions ?
    Dec 5, 2014. 12:47 PM | Likes Like |Link to Comment
  • Glori Energy's (GLRI) CEO Stuart Page on Q3 2014 Results - Earnings Call Transcript [View article]
    Jane "profit" is the key word there. AERO is a great property to have but, if Glori ends up making money the more conventional way that is fine by me.
    Dec 4, 2014. 04:32 PM | Likes Like |Link to Comment
  • Occidental Petroleum Corporation, 4-Star Stock With A High Free Cash Flow Payout [View article]
    Your 4 year time frame is convenient. If you look at the past 10 years OXY is up 165% to XOM's 75% and CVX's 98%, and if you use 2000 as a base line timeframe the performance of OXY is 5 times greater than what either XOM or CVX can claim.

    No doubt since OXY does not have a refining arm this current price drop in oil prices will affect it's share price to a greater degree than the XOM's of the sector, but conversely when the price of oil rebounds shares of OXY will rebound at a much greater rate than the integrated majors as well. This is definitely not a time to sell OXY if you have not already, but the time to buy cannot be too far into the future.
    Nov 28, 2014. 05:04 PM | 7 Likes Like |Link to Comment
  • Is The Spin-Off Worth The Hassle For Occidental Petroleum? [View article]
    Exactly, cgoo and don't forget that CRC at some point will most likely appreciate as well. I'm excited about this...
    Nov 21, 2014. 06:20 PM | Likes Like |Link to Comment
  • Is The Spin-Off Worth The Hassle For Occidental Petroleum? [View article]
    Wildcat, all dividends cause a reset in the share price of the paying stock whether its the usual quarterly or a special dividend. We are not losing any shares of OXY so it is acting like a special dividend that you don't have to pay taxes on until you sell those shares. I'm guessing the stock will reset on the spin-off day instead of the effective ex-dividend day, because it would not be fair to be subject to loses in CRC even though you could not sell the shares. I understand this reset affects my math somewhat but the basic formula holds true.

    Considering that oil prices seem to have bottomed at least temporarily that $8.91 share price could appreciate considerably before and after the spin-off, and of course the share price of OXY itself could appreciate before the spin-off as well. Again what's not to like ?
    Nov 21, 2014. 06:14 PM | Likes Like |Link to Comment
  • Apple + IBM Partnership 2: Implications [View article]
    Great article JM , do you think this partnership will help IBM return to top line growth ?
    Nov 20, 2014. 07:56 PM | 1 Like Like |Link to Comment
  • Is The Spin-Off Worth The Hassle For Occidental Petroleum? [View article]
    They (OXY) are giving shareholders .4 shares of CRC for every share of oxy they own. That means if you own 1000 shrs of oxy you will receive 400 shares of crc even if it comes in at $8 a share that's $3200 worth of stock on a position worth $87k that's like a 3.7% special dividend if nothing else. What's not to like ?

    I personally think that CRC will be a growth stock in the future and will be holding on to most of my shares. I am disappointed that the cost basis will be so low, but I guess you have to pay cg taxes sooner of later on something.
    Nov 20, 2014. 06:07 PM | 1 Like Like |Link to Comment
  • Dividend Contenders: 26 Increases Expected In The Next 11 Weeks [View article]
    Yes David the dividend seems extraordinarily stable, or some might say stagnant. You have to admit though that 25% increase in share price this year was a nice little dividend on to itself...!
    Nov 17, 2014. 09:32 AM | 1 Like Like |Link to Comment
  • IBM's Demise Is Not Over [View article]
    What happens when AAPL and IBM merge ? The closer the stock price of the two gets the more likely that is to happen, don't ya think ?
    Nov 12, 2014. 05:47 PM | Likes Like |Link to Comment
COMMENTS STATS
45 Comments
39 Likes