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mostserene1

mostserene1
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  • Prospect's 10-Q: SEC Seeks Reclassified Or Restated Financials, NICK Deal Won't Close By Termination Date [View article]
    I'm going to call the Investor Relations contact tomorrow and recommend:

    1) They accede to SEC's request. They need to put this behind them, even if it means retreating. Better to make nice with the SEC than to fight them and lose (which they will), because even if the appeal is approved, the SEC will find something else. Make nice and move on.

    2) They immediately issue a Press Release explaining their plan, and write it in a way that will calm investor's fears.

    The other option is to have an amicable sit-down with the SEC officials and try to arrive at a compromise. But I just can't see a small company, without the influence of the big banks, beating the SEC. Just don't see it happening, even if PSEC is in the right.
    May 8, 2014. 06:40 PM | Likes Like |Link to Comment
  • Prospect Capital: Buy The Pullback In This Below Book Value Bargain With A 13% Yield [View article]
    I'm going to call the Investor Relations guy tomorrow to suggest they put out a press release explaining the SEC request in clear terms, and saying they will work aggressively to meet the SEC's terms.

    Yes, I will recommend that they not appeal (which they have little chance of winning given they don't have the influence of the big banks with SEC leadership). PSEC needs to put this chapter behind them as quickly as possible.

    According to their own statement, acceding to the SEC request will have little effect on the shareholder.

    Get the SEC on their side by quickly agreeing to their request and things will go smoother. Fight them and they will find more issues to look into.
    May 8, 2014. 06:22 PM | 8 Likes Like |Link to Comment
  • Prospect's 10-Q: SEC Seeks Reclassified Or Restated Financials, NICK Deal Won't Close By Termination Date [View article]
    Great questions. BDCBuzz has had concerns over PSEC, but they were unrelated to the SEC issue. I, too, would like to hear his take.
    May 7, 2014. 10:01 AM | 5 Likes Like |Link to Comment
  • Apple: I Absolutely, Positively, Disagree With Ugly Duckling, I Think, Maybe [View article]
    You, doc, are a trader We are investors. You trade based on technicals (long since refuted as pseudoscience), we invest based on fundamentals.

    What is Fibonacci, a kind of pasta (*_*)
    May 6, 2014. 06:20 PM | 7 Likes Like |Link to Comment
  • Apple: I Absolutely, Positively, Disagree With Ugly Duckling, I Think, Maybe [View article]
    I want these deranged traders to sell Apple NOW. Then the price will go down and I can buy more at a lower price.

    Long AAPL for the long haul.
    May 6, 2014. 06:17 PM | 4 Likes Like |Link to Comment
  • Apple: I Absolutely, Positively, Disagree With Ugly Duckling, I Think, Maybe [View article]
    You are a trader, we are investors. Long AAPL for the long term.
    May 6, 2014. 06:14 PM | 6 Likes Like |Link to Comment
  • Apple: I Absolutely, Positively, Disagree With Ugly Duckling, I Think, Maybe [View article]
    Please, PLEASE sell your apple stocks. So that I can buy more at a lower price.
    May 6, 2014. 06:10 PM | 7 Likes Like |Link to Comment
  • What If My Stocks Crash And Burn? Part 2 [View article]
    Don't understand the mystery. When the market crashes, buy solid dividend stocks that are on sale. Who cares if the value of your portfolio contracts. The great majority of stocks will continue to pay dividends. And it is an opportunity to add to your positions.
    Apr 10, 2014. 06:03 PM | 4 Likes Like |Link to Comment
  • A Look Inside The Fama-French 3-Factor Model [View article]
    True, Larry.
    Feb 21, 2014. 10:23 AM | Likes Like |Link to Comment
  • Will The Allure Of Dividend Growth Continue? [View article]
    I sold mine 2 weeks ago, and put the money into VZ. I forgot what the red flag for me was, but it was enough to sell, which I do rarely.
    Feb 20, 2014. 06:48 PM | 2 Likes Like |Link to Comment
  • Market Bottoms Have 2 Elements: We're Still Missing One [View article]
    Tack, these articles have zero predictive ability. They should be labelled "for entertainment purposes only."
    Feb 20, 2014. 05:26 PM | 1 Like Like |Link to Comment
  • A Look Inside The Fama-French 3-Factor Model [View article]
    Long Term Capital Management. A group of Nobel Prize winners and other academics thought they could run a Hedge Fund using mathematical modeling based on the EMH.

    They did well for the first two years, then some foreign currency events occurred (we call these exogenous events) and BAM, the government had to bail them out. The genius Nobel prize winners refused to sell out at a discount to Warren Buffett (who has, BTW, personally refuted Fama's EMH model), so they ended up with nothing.
    Feb 20, 2014. 05:21 PM | 1 Like Like |Link to Comment
  • In Buffett We Trust [View news story]
    As a long time investor in Berkshire (Class A and B), I am confident in the people running the company, and have sufficient transparency for my own decisions. Nothing new in the above article. What would life on SA be without a negative article on Berkshire or Apple?
    Feb 20, 2014. 05:15 PM | 1 Like Like |Link to Comment
  • In Buffett We Trust [View news story]
    I dispute your mischaracterization. I recognize the language as typical anti-Buffett propaganda.
    Feb 20, 2014. 05:11 PM | 3 Likes Like |Link to Comment
  • A Look Inside The Fama-French 3-Factor Model [View article]
    Since my voice goes unheard, here is another, more authoritative, opinion on this kind of model:

    http://read.bi/1mfeoOW
    Feb 20, 2014. 04:39 PM | 3 Likes Like |Link to Comment
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