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kentonmag

kentonmag
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  • FDA approves Otezla [View news story]
    Needed some good news, been treading water lately. Still time for a bump today?
    Mar 21 02:13 PM | 1 Like Like |Link to Comment
  • Can You Retire On Less Than $1 Million? [View article]
    So true, the author of this article is living in Cuckoo land. Anyone earning over $60,000 is in the top 10% so 90% are earning less than that. $1 million dollars to most people is just an illusion.
    I have a very good friend who retired approx 5 years ago at age 62 and I play golf with occasionally. Him and his wife have zero debt and a combined yearly income of $60K Canadian and he says it is more than enough to live on. He has a full golf club membership and he travels 3 to 4 times a year from Toronto to Seattle to stay with his daughter.
    Just shows if you cut your cloth correctly you don't need to scrimp to get by.
    Jan 17 08:56 AM | 1 Like Like |Link to Comment
  • Surge Energy seeks more deals to expand in Williston Basin [View news story]
    Bought Surge at $5 Canadian but my broker talked me out of buying 8x the amount I ended up getting, big mistake. A 28% rise in price plus an 8% dividend means I missed out on some big money in a short period of time, currently at $6.48 on the Canadian market.
    Jan 16 08:39 AM | Likes Like |Link to Comment
  • Nautilus Minerals: Mining The Sea Floor For Profits [View article]
    Been a shareholder for over 3 years now, suppose that makes me a bagholder today but recent positive movement in the shareprice leads me to believe that someone knows something. I'm hoping that the PNG issue will get sorted and then the project can get back on track. You are correct, owning Nautilus is like holding a lottery ticket but hopefully I've got the winning numbers.
    Aug 29 08:39 PM | Likes Like |Link to Comment
  • Two Harbors (TWO) becomes the first mortgage REIT in Q2 to lower its dividend, cutting the quarterly payout to $0.31 from $0.32, giving an annualized yield of 11.4%. Previous: Other dividend announcements. (PR[View news story]
    Fully expected a drop of around 5 cents to 27c, due to recent extra share dilution. I got out the day before the SBY hand out and the 32c ex divi date but still follow TWO and would consider coming back in if it dropped another 15% however I think this Divi means that it wont drop much more in the short term and that a major shift in bond and interest rates is the only chance I have in getting back in. I've used my money from TWO to good effect so I'm not dissappointed in my decision but still have a soft spot for TWO as it made me alot of cash.
    Good luck to all.
    Jun 14 08:01 AM | Likes Like |Link to Comment
  • BlackBerry: Time To Throw In The Towel? [View article]
    My Company is ditching all it's Blackberry's and giving us the choice of the latest IPhone and Samsung 3 products. So far the people that have switched wish they had their Blackberry's back. I'm keeping my Blackberry for as long as I can, based on the feedback.
    May 30 09:34 AM | 12 Likes Like |Link to Comment
  • 10.9% Dividend Payer Two Harbors Is Expanding Its Horizons; It's A Buy [View article]
    I also sold one day before the special SBY dividend and regular dividend of 32 cents. Managed to get $13.87 as my sell price as I also expected the price to fall.
    Sitting on cash at the moment looking for the best time to re-enter TWO, I'm expecting another low dividend call in the coming weeks and I'm hoping to get back in if there is a negative reaction to that.
    Enjoyed your article.
    May 16 07:28 AM | Likes Like |Link to Comment
  • Two Harbors (TWO) prices its giant 50M share secondary offering at $13.46/share for gross proceeds of about $673M. The underwriters retain an option for another 7.5M shares. Stock is lower by 1.3% to $13.69 premarket. (PR[View news story]
    Don't see anywhere that says these shares will be in play before the 2nd April, see statement below.
    NEW YORK (Business Wire) -- Two Harbors Investment Corp. (NYSE: TWO; NYSE MKT: TWO.WS) today announced that it plans to offer, subject to market and other conditions, 50,000,000 shares of its common stock in an underwritten public offering. The company has also granted the underwriters an option for 30 days to purchase up to an additional 7,500,000 shares of common stock to cover overallotments. Credit Suisse Securities (USA) LLC is acting as the lead book-running manager for the offering. Barclays Capital Inc., BofA Merrill Lynch and Goldman, Sachs & Co. are also acting as book-running managers.
    Mar 19 03:41 PM | Likes Like |Link to Comment
  • Two Harbors (TWO) prices its giant 50M share secondary offering at $13.46/share for gross proceeds of about $673M. The underwriters retain an option for another 7.5M shares. Stock is lower by 1.3% to $13.69 premarket. (PR[View news story]
    These new shares don't get the SBY share allocation which is worth aprox $1.13 per TWO share, plus the 32 cent quarterly dividend. I'm surprised that the secondary offering is at $13.46, would have thought more in the $12.86 region
    Mar 19 09:44 AM | Likes Like |Link to Comment
  • Two Harbors (TWO) prices its giant 50M share secondary offering at $13.46/share for gross proceeds of about $673M. The underwriters retain an option for another 7.5M shares. Stock is lower by 1.3% to $13.69 premarket. (PR[View news story]
    Since the SBY share distribution is worth approximately $1.13 per TWO share and is not paid out to the secondary holders I'm surprised the 50 million shares are not priced in the $12.86 range. As far as I'm concerned thats good news.
    Mar 19 09:43 AM | Likes Like |Link to Comment
  • Canada reports a blowout payroll number, adding 40K jobs vs. an estimated of 5K. The unemployment rate slips to a 4-year low of 7.1% vs. 7.3% expected. This follows November's even-bigger blowout job gains of 59.3K. The loonie gains about half a cent vs. the greenback, now buying $1.0142. [View news story]
    It is still difficult for young people to get good paying jobs. My Son left University with good grades training to be an accountant back last April but other than a 4 month temporary position that came to an end 10 weeks ago he hasn't had much luck despite sending out resumes, to Companies, all over Canada. His best friend was top of his firefighting class, which finished 18 months ago but hasn't been able to get a job other than a School janitor. He is also prepared to travel.
    Don't let the numbers and the politicians fool you, it's still tough for the younger generation to find meaningful employment.
    Jan 4 01:33 PM | Likes Like |Link to Comment
COMMENTS STATS
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14 Likes