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WhitneyB

WhitneyB
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  • NQ Mobile -15.6% on CFO's resignation [View news story]
    Family reasons, personal reasons, all euphemisms for "let us speak of this no more".
    Aug 15 09:20 AM | 1 Like Like |Link to Comment
  • Conatus Pharmaceuticals' (CNAT) CEO Steven Mento on Q2 2014 Results - Earnings Call Transcript [View article]
    Errors in transcription: "interrupt" not "enter up"; "evaluating" not "a value aiding"
    Aug 13 09:30 PM | Likes Like |Link to Comment
  • Hercules Offshore: Short-Term Pain For Long-Term Gain [View article]
    Thanks, Dan. In light of the fact that the whole sector is disfavored and beaten down, do you know whether there is an ETF that comprised exclusively of the offshore drillers? Thanks again.
    Aug 6 08:59 AM | Likes Like |Link to Comment
  • Show Me The Money: The Perils Of REIT ETF Investing [View article]
    I'm less concerned about the performance of REIT ETFs vs. individual components than I am about the performance of the sector as a whole. Because protecting my principal "at all costs" is indeed important to me, I'm one who would rather sell REITs when they become expensive and buy them back when they become inexpensive again. Tools like FAST graphs and charts of 10 week and 40 week sma are simple enough and accessible enough to tell me which way the wind is blowing. There is no reason not to take advantage of the transparency and liquidity that goes along with being a publicly traded security in order to preserve capital. I may miss a dividend or three and I may have to pay some taxes, but I'm less likely to see my principal cut by 1/3.
    Aug 5 08:29 PM | Likes Like |Link to Comment
  • Micron: Maybe It Isn't Different This Time [View article]
    Bought the '16 $30 LEAPs, sold October $35 calls. Also long the GILD LEAPs at $80 and $97.50.
    Jul 31 03:01 PM | Likes Like |Link to Comment
  • Will The Lobster Deal Be A Tipping Point For This Net Lease REIT? [View article]
    Thanks, Brad, for the feedback, but my comment was misread by you, and misquoted by you, in your reply. My point was not to harp on you touting your position, but on touting the significance of a one month price move. In the last 18 months the price of ARCP has been all over the map; and IMHO the volatility has been driven as much by the market's concern over rates and the market's love/hate with the REIT sector generally as anything specific to ARCP. One of last year's lessons for me is that in retrospect, when the market as a whole was negative on the REIT sector, my bottom line would have been materially better if I had sold all my REITs and waited for the bottom to re-enter. Long CLDT, CSG, DLR, INN, LXP, OHI, STAG
    Jul 31 01:30 PM | 1 Like Like |Link to Comment
  • RockTenn Announces Two-for-One Stock Split [View article]
    Please forgive my ignorance, but I'm having a hard time wrapping my head around the tax implications of converting half my currently held interest in RKT to a "dividend" and cutting the price per share in half. Does my calendar start over in terms of when the 'new' shares become long term holdings? Are the new shares considered taxable dividend income that will only be offset if I sell the other half at a loss? I'm not seeking personal tax advice, just general guidance about how these matters are usually treated by the IRS in a taxable account. Thanks.
    Jul 31 12:00 AM | Likes Like |Link to Comment
  • A Diversification Dissertation For Income Investors [View article]
    I follow 60 names. By value this is about half income and downside hedge, one quarter value and growth, one quarter speculative. It's not that hard to do. The Risk Analyzer tool available on my trading platform measures the risk associated with each name benchmarked to cash, and numerically quantifies the risk reduction benefit achieved by diversification. It's significant, and helps me to SWAN.
    Jul 30 11:28 PM | Likes Like |Link to Comment
  • Will The Lobster Deal Be A Tipping Point For This Net Lease REIT? [View article]
    Brad, the depth of your analysis on REITs is deeply appreciated. That said, in light of your other article advocating against a market timing approach, it's confusing to see you touting ARCP's 10% gain since June 13 as though it has some significance.
    If you look at a chart of ARCP's price action last fall, it looks remarkably similar: after a long decline, price broke bullishly above the 10 week moving average. This was eventually followed by price and 10 week bullishly crossing back above the 40 week - as though a "tipping point" had been reached above 14 - only to retrace last spring's pattern back down to 12. I think ARCP has done a great job adding tons of parts to the machine, but how long it takes Mr. Market to become comfortable with the idea that all the parts will fit and work together is anybody's guess. A 10% price move in any particular month means very little when you look at the last 36 months.
    Jul 30 10:58 PM | 3 Likes Like |Link to Comment
  • The Day I Was Surrounded By Market Timers [View article]
    I agree that good companies should be acquired at a price that represents a margin of safety. I agree that dividends should be DRIPped. I don't necessarily agree that selling these stocks when they become overvalued is a bad idea. If you sold O in the spring of '13 when it spiked to $54 per share and bought the same dollar amount back in December '13 at $36 per share you would have increased your share count by 50% -- a far greater result than accumulating 8 months of DRIPped dividends. If it truly is imperative to protect your principal at all costs, this may involve sitting out a dance or two when your dance partner is a little unsteady on her feet (as perceived by Mr. Market).
    Jul 30 07:27 PM | Likes Like |Link to Comment
  • The Linn Energy 2-Step: Reinvest, Then Stop Reinvesting [View article]
    High yield does not necessarily equate with high risk. Often the percentage dividend yield is high because the market has already bottomed out the share price, thus de-risking the stock (i.e., there is more upside potential than downside potential when price is down). I divide my portfolio into the following four categories: downside hedges, income, value and/or growth, and speculative. I see the income stocks as long term investments and buy the dips and secondaries. I rotate out poor performers to help offset capital gains. I DRIP almost all of the income stocks, which include BDCs, REITs, and MLPs. The only income securities I don't drip are the 2x leveraged ETNs, like MORL, CEFL, DVHL, and BDCL. This has worked well for me, but I probably have a higher tolerance for risk than the typical income investor.
    Jul 30 01:16 AM | 11 Likes Like |Link to Comment
  • 3 Out Of Favor Small-Cap Stocks Which Could Double [View article]
    EBIX: P/E 8.5, 30% net, 20% LTG, 75-100% upside, and a dozen earnings beats in a row. Hard to understand the short argument.
    Jul 29 11:26 PM | 4 Likes Like |Link to Comment
  • TCP Capital -3.5% after secondary [View news story]
    Just added @ $17.15; this has been a very good BDC for me.
    Jul 28 05:01 PM | Likes Like |Link to Comment
  • Cramer's Lightning Round - I Still Believe In Rite Aid (7/25/14) [View article]
    If PSEC's yield is a red flag, then the entire BDC and MLP sectors are waving red flags, and have been, for years. If I recall correctly Mr. Cramer repeats this non-sequitur several times each year, ignoring the fact that many businesses have double digit margins and some prefer to return the money to investors in the form of dividends instead of hoarding cash. If our beloved Gilead started paying a 10% dividend out of its 40+% margin would that automatically raise the red flags?
    Jul 27 08:44 AM | 2 Likes Like |Link to Comment
  • Breitburn Energy to acquire QR Energy in $3B deal [View news story]
    Same could be said for QRE; but if you don't like the BBEP price in 6 months, unload the QRE before the deal closes.
    Jul 24 11:28 AM | Likes Like |Link to Comment
COMMENTS STATS
208 Comments
247 Likes