smurf's Comments smurf's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/674723/comments Weakness in Linn Energy (LINE) and LinnCo (LNCO) is caused by talk that LNCO could realize a large tax liability in 2016, Wells Fargo says, though the firm thinks the speculation isn't accurate. Wells blames the widened spread between LINE and LNCO on rising short interest in LINE, which is easier to short. It keeps Outperform ratings on both, seeing the Q3 closing of the Berry Petroleum (BRY) merger as a catalyst. http://seekingalpha.com/currents/post/1086352?source=feed#comment-20121262 20121262
I didn't say that they would lie--I just say that that they (any company) are going to put the most positive spin they can on bad news, in other words, they will avoid the sackcloth and ashes scenarios. Avoiding is not lying. The list of corporations in difficulty who have behaved this way is endless--too numerous to list here.

You're always best to take what the investor relations people at any company say to you with a large dose of skepticism.

Long LNCO, but not oblivious.]]> Tue, 18 Jun 2013 18:53:52 -0400
I didn't say that they would lie--I just say that that they (any company) are going to put the most positive spin they can on bad news, in other words, they will avoid the sackcloth and ashes scenarios. Avoiding is not lying. The list of corporations in difficulty who have behaved this way is endless--too numerous to list here.

You're always best to take what the investor relations people at any company say to you with a large dose of skepticism.

Long LNCO, but not oblivious.]]> An Even Easier Dividend Growth Portfolio. http://seekingalpha.com/article/1505922/comments?source=feed#comment-20113392 20113392
Good article. After many moons, I'm getting investor fatigue. Maybe had all the excitement I can stand.

Your alternatives are worth checking out. Altho, the dividends you list are not net of expenses, I do believe?]]> Tue, 18 Jun 2013 15:51:20 -0400
Good article. After many moons, I'm getting investor fatigue. Maybe had all the excitement I can stand.

Your alternatives are worth checking out. Altho, the dividends you list are not net of expenses, I do believe?]]> An Even Easier Dividend Growth Portfolio. http://seekingalpha.com/article/1505922/comments?source=feed#comment-20113282 20113282
ACG--Holds US Govt & Corp. Bonds. About 80/20% ratio.
HIO--Hi-yield Corporates--run by Western Asset Mgmt.]]> Tue, 18 Jun 2013 15:48:53 -0400
ACG--Holds US Govt & Corp. Bonds. About 80/20% ratio.
HIO--Hi-yield Corporates--run by Western Asset Mgmt.]]> Some of today's bounce in Linn Energy (LINE +3%) is attributed to comments by Leon Cooperman in his letter to shareholders which said his hedge fund remained "comfortable" with the stock. Cooperman argues LINE has capitalized the costs of its energy hedges in accordance with GAAP, and notes Citigroup and Credit Suisse value LinnCo (LNCO -0.8%) at $35.92 and $39.64, above the current share price. (earlier) http://seekingalpha.com/currents/post/1091932?source=feed#comment-20111962 20111962 Tue, 18 Jun 2013 15:25:06 -0400 Has Realty Income Really Bottomed? http://seekingalpha.com/article/1508612/comments?source=feed#comment-20111322 20111322 Tue, 18 Jun 2013 15:15:31 -0400 The Market Is Mispricing Prospect Capital http://seekingalpha.com/article/1504452/comments?source=feed#comment-20093642 20093642
Thanks.]]> Tue, 18 Jun 2013 09:16:37 -0400
Thanks.]]> Equity CEFs: A Safer Way To Invest In The Allianz/PIMCO Funds? http://seekingalpha.com/article/1505332/comments?source=feed#comment-20059442 20059442
I'm either long or interested in FAX, HIO, PDT, ACG. HYT and RVT. All are fixed income except for PDT, which has convertible and common stock. All trade at significant discounts to NAV. All the fixed income ones have bond related risk also.

Thanks.]]> Mon, 17 Jun 2013 10:46:09 -0400
I'm either long or interested in FAX, HIO, PDT, ACG. HYT and RVT. All are fixed income except for PDT, which has convertible and common stock. All trade at significant discounts to NAV. All the fixed income ones have bond related risk also.

Thanks.]]> Caterpillar: 15% Dividend Increase Makes It A Buy http://seekingalpha.com/article/1504182/comments?source=feed#comment-20043342 20043342 Sun, 16 Jun 2013 18:41:44 -0400 O Is A Buy, Not A Bargain http://seekingalpha.com/article/1501562/comments?source=feed#comment-20034652 20034652
I'll be looking forward to your LTC article, particularly with regard to the financial situation of ALC, their largest tenant.

Thanks.]]> Sun, 16 Jun 2013 12:22:44 -0400
I'll be looking forward to your LTC article, particularly with regard to the financial situation of ALC, their largest tenant.

Thanks.]]> Oversold Yields: Is This The Best Investment Opportunity In Years? http://seekingalpha.com/article/1502142/comments?source=feed#comment-20015272 20015272 Sat, 15 Jun 2013 11:48:07 -0400 Buy FirstEnergy For The Yield Until 2014, Then For Growth http://seekingalpha.com/article/890591/comments?source=feed#comment-20015112 20015112 Sat, 15 Jun 2013 11:42:52 -0400 Weakness in Linn Energy (LINE) and LinnCo (LNCO) is caused by talk that LNCO could realize a large tax liability in 2016, Wells Fargo says, though the firm thinks the speculation isn't accurate. Wells blames the widened spread between LINE and LNCO on rising short interest in LINE, which is easier to short. It keeps Outperform ratings on both, seeing the Q3 closing of the Berry Petroleum (BRY) merger as a catalyst. http://seekingalpha.com/currents/post/1086352?source=feed#comment-20005852 20005852
Not to be cynical, but what would you expect them to say? They are not exactly neutral observers.]]> Fri, 14 Jun 2013 23:11:55 -0400
Not to be cynical, but what would you expect them to say? They are not exactly neutral observers.]]> The Case Against Buying Low And Selling High http://seekingalpha.com/article/1500862/comments?source=feed#comment-19982442 19982442 Fri, 14 Jun 2013 11:25:41 -0400 O Is A Buy, Not A Bargain http://seekingalpha.com/article/1501562/comments?source=feed#comment-19982362 19982362 Fri, 14 Jun 2013 11:23:43 -0400 Vanguard Natural Resources: Is A Major Deal In The Works? http://seekingalpha.com/article/1499312/comments?source=feed#comment-19946562 19946562
I think they need to address these core issues first and foremost.]]> Thu, 13 Jun 2013 14:27:57 -0400
I think they need to address these core issues first and foremost.]]> Corrective Actions By The 20% Yielding American Capital Agency http://seekingalpha.com/article/1499902/comments?source=feed#comment-19946032 19946032 Thu, 13 Jun 2013 14:16:06 -0400 Good News Is On The Horizon For Linn Energy Investors http://seekingalpha.com/article/1475651/comments?source=feed#comment-19900392 19900392 Wed, 12 Jun 2013 15:23:23 -0400 Chowder Rule Vs. Figure Of Merit http://seekingalpha.com/article/1493652/comments?source=feed#comment-19900032 19900032 Wed, 12 Jun 2013 15:16:41 -0400 Annaly Capital Management And The Spread: One Widening Reason Not To Sell http://seekingalpha.com/article/1493952/comments?source=feed#comment-19899822 19899822 Wed, 12 Jun 2013 15:13:08 -0400 Annaly Capital Management And The Spread: One Widening Reason Not To Sell http://seekingalpha.com/article/1493952/comments?source=feed#comment-19899532 19899532 Wed, 12 Jun 2013 15:08:02 -0400 "I would not overestimate retail investors' knowledge of how this business works," says Scott Ulm, co-CEO of Armour Residential (ARR -1.3%). Income fans love mREITs (MORT -1.3%) but can suffer quick losses as rates rise. "We believe mREITs are not appropriate for most individual investors," says Edward Jones' Kate Warne, warning brokers to steer clients away from the sector. Ulm remains hopeful: "As bonds become cheaper, reinvestment becomes more profitable." Beneath a big rally for the averages, the sector is hit again today: American Capital (AGNC -2.6%), (MTGE -1.2%), Annaly (NLY -1.9%), Two Harbors (TWO -0.9%), Hatteras (HTS -1.9%), CYS (CYS -2.8%), Anworth (ANH -0.9%). http://seekingalpha.com/currents/post/1072492?source=feed#comment-19867252 19867252 Tue, 11 Jun 2013 20:00:50 -0400 Nigeria's President says his country will seek to recover $7.8B that audits carried out by a government watchdog found oil companies operating there owed the government in unpaid and underpaid taxes. Foreign oil companies operating in Nigeria include Royal Dutch Shell (RDS.A, RDS.B), Eni (E), Total (TOT), Exxon Mobil (XOM) and Chevron (CVX). http://seekingalpha.com/currents/post/1078052?source=feed#comment-19867042 19867042
Nigeria's "auditors" are the same ones who send out the money laundering come-on emails in their spare time.]]> Tue, 11 Jun 2013 19:53:40 -0400
Nigeria's "auditors" are the same ones who send out the money laundering come-on emails in their spare time.]]> Newcastle Investment (NCT) announces a 30M share public offering, with a 30 day option for an additional 4.5M shares. The company plans to use the net proceeds to make a variety of investments, primarily acquisitions of senior housing properties, but could also include CDO debt, other real estate securities and loans, operating businesses or other assets. Shares -1.4% AH. http://seekingalpha.com/currents/post/1078582?source=feed#comment-19866892 19866892
CDOs? Yikes! It's 2006 deja vu all over again, Yogi.]]> Tue, 11 Jun 2013 19:47:21 -0400
CDOs? Yikes! It's 2006 deja vu all over again, Yogi.]]> Worried About Low Dividend Blue Chips? Look To B&G Foods For Yield And Brand Value http://seekingalpha.com/article/1489312/comments?source=feed#comment-19864692 19864692
I think they just acquired somebody else today--saw it on CNBC--forgot who.

Yes, they do seem to have a lot of unconnected parts, now that you mention it.]]> Tue, 11 Jun 2013 18:20:29 -0400
I think they just acquired somebody else today--saw it on CNBC--forgot who.

Yes, they do seem to have a lot of unconnected parts, now that you mention it.]]> American Capital Agency Among The Worst mREITs http://seekingalpha.com/article/1492942/comments?source=feed#comment-19864602 19864602
Maybe it's these 'experts' who are the dopes?]]> Tue, 11 Jun 2013 18:17:08 -0400
Maybe it's these 'experts' who are the dopes?]]> American Capital Agency Among The Worst mREITs http://seekingalpha.com/article/1492942/comments?source=feed#comment-19864562 19864562 Tue, 11 Jun 2013 18:15:06 -0400 BDC Risk Profiles: Part 12 - American Capital http://seekingalpha.com/article/1492012/comments?source=feed#comment-19864252 19864252
You are prolific! I have saved every one of the series--sort of like a BDC textbook.

Thanks.]]> Tue, 11 Jun 2013 18:02:53 -0400
You are prolific! I have saved every one of the series--sort of like a BDC textbook.

Thanks.]]> Near 20% Dividend Payer American Capital Agency Is Set Up For A Huge Q2 2013 Loss http://seekingalpha.com/article/1491172/comments?source=feed#comment-19822522 19822522 Mon, 10 Jun 2013 22:07:14 -0400 Equity CEFs: Top Funds By Fund Family (Part II) http://seekingalpha.com/article/1487982/comments?source=feed#comment-19791042 19791042
Misread the Morningstar columns. $0.00 return of cap.

Thanks.]]> Mon, 10 Jun 2013 09:06:47 -0400
Misread the Morningstar columns. $0.00 return of cap.

Thanks.]]> THL Credit: Another Overlooked BDC http://seekingalpha.com/article/1488942/comments?source=feed#comment-19773952 19773952 Sun, 09 Jun 2013 15:59:47 -0400