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    <title>rholcomb's Comments</title>
    <description>rholcomb's Comments RSS Syndication from SeekingAlpha.com</description>
    <link>http://seekingalpha.com/user/820741/comments</link>
    <item>
      <title>Imminent Dividend Cut At Diana Containerships</title>
      <link>http://seekingalpha.com/article/1253241/comments?source=feed#comment-16054811</link>
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      <content>
        <![CDATA[by the way, don't let my profile define who I am. I prefer to keep my self expressed details to a minimum.]]>
      </content>
      <pubDate>Fri, 08 Mar 2013 17:30:06 -0500</pubDate>
      <description>
        <![CDATA[by the way, don't let my profile define who I am. I prefer to keep my self expressed details to a minimum.]]>
      </description>
    </item>
    <item>
      <title>Imminent Dividend Cut At Diana Containerships</title>
      <link>http://seekingalpha.com/article/1253241/comments?source=feed#comment-16054671</link>
      <guid isPermaLink="false">16054671</guid>
      <content>
        <![CDATA[Thanks for the response. FIrst of all, I don't see how my comment adds to the &quot;discussion&quot; either. It appears you miss the point of my comments. Secondly, I really didn't anticipate you would be so bruised that you would consider my comments an &quot;attack&quot; but  looking back, I guess one could bite their lip and say that...so I apologize. Third, I don't necessarily &quot;disagree with the premise of your article- that a DCIX dividend cut is imminent, a secondary is likely, and the stock is ultimately overvalued and heading for a bruising&quot; (wow, did I say all that? let me look. Nope.) I guess I just have a thing about being unnessessarily grandiose, etc and when I see it in commentary and in Titles above the bylines such as this stock is doomed...this stock is sunk, etc I feel it's something we can do without. There's enough of that already in the media. your commentary is pretty well written(I can't speak to anything else at the moment) When I speak of issues, I try not to make a boastful attraction out of myself. It could come back to bite me. Good luck on the CFA journey. I understand it's a little different than when the acronym was AIMR.]]>
      </content>
      <pubDate>Fri, 08 Mar 2013 17:28:23 -0500</pubDate>
      <description>
        <![CDATA[Thanks for the response. FIrst of all, I don't see how my comment adds to the &quot;discussion&quot; either. It appears you miss the point of my comments. Secondly, I really didn't anticipate you would be so bruised that you would consider my comments an &quot;attack&quot; but  looking back, I guess one could bite their lip and say that...so I apologize. Third, I don't necessarily &quot;disagree with the premise of your article- that a DCIX dividend cut is imminent, a secondary is likely, and the stock is ultimately overvalued and heading for a bruising&quot; (wow, did I say all that? let me look. Nope.) I guess I just have a thing about being unnessessarily grandiose, etc and when I see it in commentary and in Titles above the bylines such as this stock is doomed...this stock is sunk, etc I feel it's something we can do without. There's enough of that already in the media. your commentary is pretty well written(I can't speak to anything else at the moment) When I speak of issues, I try not to make a boastful attraction out of myself. It could come back to bite me. Good luck on the CFA journey. I understand it's a little different than when the acronym was AIMR.]]>
      </description>
    </item>
    <item>
      <title>Imminent Dividend Cut At Diana Containerships</title>
      <link>http://seekingalpha.com/article/1253241/comments?source=feed#comment-16037701</link>
      <guid isPermaLink="false">16037701</guid>
      <content>
        <![CDATA[why is pratically every comment and commentary of yours prefaced with a &quot;beat your chest&quot; comment of when you said to buy and when you said to sell, blah, blah. It's quite boorish and annoying. It seems more like your real reason for writing anything is to draw attention to yourself as you have a complex of some sort. People that are less self asorbed just reply and comment and leave it at that. I know as I have a few friends that have been CFA's and above for years and they are all the sorts that are less concerned about proclaiming their asserted, dead on accuracy and more with commenting in a factual only way of displaying their work.<br/>I promise, I won't send you any cookies or fruit cakes for being proclaiming your accuracy or admitting your shortcomings. Seeking Alpha, quite disappoitingly, has a compartment of growing commentary that is no more than a glorified message board.]]>
      </content>
      <pubDate>Fri, 08 Mar 2013 12:13:50 -0500</pubDate>
      <description>
        <![CDATA[why is pratically every comment and commentary of yours prefaced with a &quot;beat your chest&quot; comment of when you said to buy and when you said to sell, blah, blah. It's quite boorish and annoying. It seems more like your real reason for writing anything is to draw attention to yourself as you have a complex of some sort. People that are less self asorbed just reply and comment and leave it at that. I know as I have a few friends that have been CFA's and above for years and they are all the sorts that are less concerned about proclaiming their asserted, dead on accuracy and more with commenting in a factual only way of displaying their work.<br/>I promise, I won't send you any cookies or fruit cakes for being proclaiming your accuracy or admitting your shortcomings. Seeking Alpha, quite disappoitingly, has a compartment of growing commentary that is no more than a glorified message board.]]>
      </description>
    </item>
    <item>
      <title> Shares of Hugoton Royalty Trust (HGT -22.9%) plunge as a Sir Perfluis analysis on Seeking Alpha says "purchasing HGT units at current prices is like buying 60 cents for a dollar... Quite literally, unless natural gas prices stage a rally, a current HGT unit-holder can expect to receive total cash flows of less than the current share price." </title>
      <link>http://seekingalpha.com/currents/post/330041?source=feed#comment-5707891</link>
      <guid isPermaLink="false">5707891</guid>
      <content>
        <![CDATA[seems to be plenty of assumptions. we're never at a loss for assumptions and many of them prove to be invalid, but I guess it's something to go on for some -namely the emotional crowd. after watching this trainwreck...I wonder, given the leverage to nat gas, how HGT might look if the current recovery rally, bounce,dead cat bounce, retracement, et.al. in NG makes it back only to resistance of 3.50 and even a possible $4 lid. While $4 probably would be too high to maintain in the near term, I wonder where equilibrium really reflects in reality as production continues to be curtailed and output is shut in as the industry works toward the conduits needed to export this stuff to where the prices are far from the $2&amp;3 dollar range. The legal issues overhang is a known and HGT isnt' the only one, for sure, and this event is a big pill to stomach given the est'd 18mo digestion period, but it might not be quite as bad as what the movie depicts at the moment if only the lower nat gas price train(helping to drive this lynching) everyone is looking for doesn't show up and has already come and gone. As for Perfluis' assertion...I suppose it makes some sense for now but that, in and of itself, is only more speculation on this side of the trade.]]>
      </content>
      <pubDate>Tue, 22 May 2012 18:29:26 -0400</pubDate>
      <description>
        <![CDATA[seems to be plenty of assumptions. we're never at a loss for assumptions and many of them prove to be invalid, but I guess it's something to go on for some -namely the emotional crowd. after watching this trainwreck...I wonder, given the leverage to nat gas, how HGT might look if the current recovery rally, bounce,dead cat bounce, retracement, et.al. in NG makes it back only to resistance of 3.50 and even a possible $4 lid. While $4 probably would be too high to maintain in the near term, I wonder where equilibrium really reflects in reality as production continues to be curtailed and output is shut in as the industry works toward the conduits needed to export this stuff to where the prices are far from the $2&amp;3 dollar range. The legal issues overhang is a known and HGT isnt' the only one, for sure, and this event is a big pill to stomach given the est'd 18mo digestion period, but it might not be quite as bad as what the movie depicts at the moment if only the lower nat gas price train(helping to drive this lynching) everyone is looking for doesn't show up and has already come and gone. As for Perfluis' assertion...I suppose it makes some sense for now but that, in and of itself, is only more speculation on this side of the trade.]]>
      </description>
    </item>
    <item>
      <title>Going Short On Propane</title>
      <link>http://seekingalpha.com/article/325802/comments?source=feed#comment-2339921</link>
      <guid isPermaLink="false">2339921</guid>
      <content>
        <![CDATA[I hate to rain on your short idea, but that's high risk down here with an obvious warm winter being over priced in.Since they came public in 1993, I've see FGP go on buying sprees before and I've seen their ratios spike up to similar levels and the bears screamed that the $2 div would fall...hasn't yet. They have always impressed me at the way they have &quot;right purchased&quot; these large, small, and in btw -usually family owned distributorships that are interested in sunsetting and monetizing their hard work in return for a nice dividend and growth potential...and essentially staying in a business that they continue to see as viable albeit indirectly. They seem to make these purchases on a near term cash flow accretive basis and sometimes immediately accretive. The increased cash flow could certaily allow them to even raise the dividend which is obviously not necessary. To that point the increased cash flows allow them to pay back down the debt loads even quicker each time it seems...and facilitate events like we just witnessed where they were comfortable enough to spend $25mil on an open market repurchase at $18. It will get cold again and harshly cold, to boot(heck it can still happen this season if it turns into a late winter of which I've witnessed about 4 over the last 25+yrs anyway) and let's see if the shorts stick around to watch) The whole group is an opporutnity, but fear and lack of clear thinking more than 2mos out usually rules for about 3mos out...just enough time for smart money to get positioned and paid to wait for the next seasonal and longer term legs up. This is part and partial of the whole nat gas malaise, as well. Having said all that, has anyone noticed that, after FGP blew away rev est's, but fell a little short on eps due to bad seasonal timing on their forward purchases when propane spiked to 163...hence, margin compression....that propane collapsed back about 35-40pts into normalized pricing? Most of this probably came from the refineries being shut down for summer maintenance longer than expected and propane production(propane IS a byproduct of crude refining)was curtailed. This is no different than events such as drought leading to ranchers having to sell their herds to slaughter and then we have to suffer with higher meat prices 6mos later. It, too will normalize as, like the cold will return...so will the rain. I could be wrong, but I don't think I'm TOTALLY wrong. Another angle to consider for those that probably have never even used propane for something other than their gas grill.]]>
      </content>
      <pubDate>Thu, 02 Feb 2012 15:54:00 -0500</pubDate>
      <description>
        <![CDATA[I hate to rain on your short idea, but that's high risk down here with an obvious warm winter being over priced in.Since they came public in 1993, I've see FGP go on buying sprees before and I've seen their ratios spike up to similar levels and the bears screamed that the $2 div would fall...hasn't yet. They have always impressed me at the way they have &quot;right purchased&quot; these large, small, and in btw -usually family owned distributorships that are interested in sunsetting and monetizing their hard work in return for a nice dividend and growth potential...and essentially staying in a business that they continue to see as viable albeit indirectly. They seem to make these purchases on a near term cash flow accretive basis and sometimes immediately accretive. The increased cash flow could certaily allow them to even raise the dividend which is obviously not necessary. To that point the increased cash flows allow them to pay back down the debt loads even quicker each time it seems...and facilitate events like we just witnessed where they were comfortable enough to spend $25mil on an open market repurchase at $18. It will get cold again and harshly cold, to boot(heck it can still happen this season if it turns into a late winter of which I've witnessed about 4 over the last 25+yrs anyway) and let's see if the shorts stick around to watch) The whole group is an opporutnity, but fear and lack of clear thinking more than 2mos out usually rules for about 3mos out...just enough time for smart money to get positioned and paid to wait for the next seasonal and longer term legs up. This is part and partial of the whole nat gas malaise, as well. Having said all that, has anyone noticed that, after FGP blew away rev est's, but fell a little short on eps due to bad seasonal timing on their forward purchases when propane spiked to 163...hence, margin compression....that propane collapsed back about 35-40pts into normalized pricing? Most of this probably came from the refineries being shut down for summer maintenance longer than expected and propane production(propane IS a byproduct of crude refining)was curtailed. This is no different than events such as drought leading to ranchers having to sell their herds to slaughter and then we have to suffer with higher meat prices 6mos later. It, too will normalize as, like the cold will return...so will the rain. I could be wrong, but I don't think I'm TOTALLY wrong. Another angle to consider for those that probably have never even used propane for something other than their gas grill.]]>
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