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JosephCam82

JosephCam82
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  • Kinder Morgan Merger Is A Win For All [View article]
    Any thoughts about the fate of the KMI warrants in the two years after the roll-up? We received a nice disproportionately large pop on KMI/WS as KMI climbed to around $39. Do the same terms and conditions apply to the warrants now that KMI is going to be differently structured? I can think of scenarios where warrant holders make out very well and where they end up with nada.
    Aug 13 01:06 PM | Likes Like |Link to Comment
  • Barron's: Wrong On MLPs Like Kinder Morgan Energy [View article]
    THanks for the counter-argument. Their loss will be our gain. Biggest mysteries to me are the KMR/KMP disparity (as others have noted) and what KM is doing with EPB. Otherwise, KMP seems a pretty good buy these days unless you're counting on one of the following (a) high interest hikes and a deteriorating overall stock market; (b) a repeat of last year's S&P performance. Neither are very likely to me.
    Feb 2 11:16 AM | 1 Like Like |Link to Comment
  • Atlas Pipeline Partners Looks Appealing [View article]
    At this point, with the suspicion (as you yourself have said) that the stock is behaving as though there is something negative about the business unknown to the general public, it seems best to avoid purchasing more and waiting for the conf call. Not enough reasons to sell, but no reason to buy either. Relative to other LP's of the same kind, on the surface its stock price performance should be more than competitive in the stock market right now with the likes of ETE, GEL,EPD, PAA, but we are not seeing this. In the doldrums of the general market for the last month these MLPs have been either advancing or at worst have lost 1%while APL has behaved as poorly as the general market, down 5%.
    Feb 2 10:37 AM | Likes Like |Link to Comment
  • Atlas Pipeline Partners Looks Appealing [View article]
    Tom, I think you're right about the general market feeling right now. APL is going nowhere but downward these weeks because there is always a lingering concern that the interest rates are heading up in the near future. That should cause all stocks to take a hit, but stocks like APL perhaps a much harder hit. My feeling however is that the Fed, when they face up to it, will conclude that the recovery is still so fragile that at most there will be only the most minor action on interest rates for the first 9 mos. As for APL itself, we could sure use some good news about how well their investments are panning out and an increase in the distribution in the coming two weeks ... or I am afraid that this stock will just drift downward.
    Jan 17 03:26 PM | Likes Like |Link to Comment
  • Analysts: Buffett likes Exxon, but that doesn't mean everyone should [View news story]
    COP was pretty good for Buffet, regardless of the much rememberred mea culpa, probably returning him 13-15% per yr including appreciation, dividends, and the PSX spin-off.He probably sees that tailing off to 8-10% in the future although COP has done very well in reserve replacement, best of all majors. XOM's reserve replacement has been slightly better than CVX's. I think XOM has more options on how to use its resources though, and covers the gamut. Of course it's not just RR but also efficient utilization of them. Probably CVX and XOM are not that different at that. If Buffet felt he had to sell out part of his COP stake, I think his choice of XOM was slightly better than picking CVX. For the small fry like myself, I like OXY and BP better on the short term and all three (COP, XOM, CVX) on the long term.
    Nov 15 11:32 PM | Likes Like |Link to Comment
  • Bonterra Energy: A Sustainable Dividend In 2013 [View article]
    I like Bonterra (BNEFF) and Pembina Pipeline (PBA) together
    Oct 8 12:01 PM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    The issue, I think, is that they are developing a history such that even with increased revenue they are still not improving their profitablity. The issue of properties for sale which are not finding buyers at the prices EVEP wants, brings into question how valuable they really are. I agree the new projects should help quite a bit, but the waiting is going to be painful. In any case, it seems way too cheap right now. But what if there is worse on the horizon?
    May 3 01:25 PM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    For psychological reasons, it would have been better if EVEP had left the dividend at precisely its previous level than raise it by a token amount. To raise the div by $.001 makes it appear that one is trying to fabricate a head-line absent the substance underneath. At this time, that ought to be the last thing EVEP management should promote. I have watched an excellent gain in EVEP basically evaporate over a much shorter period of time than it took to build it. The failure to find a buyer and close on their properties makes it seem as though the presumed value is just not there. We're very close to the time to bale on this stock.
    May 2 02:42 PM | Likes Like |Link to Comment
  • Energy Transfer Partners: Hitting Bumps in the Road, But Not in the Ditch [View article]
    I'm a little late to viewing this article. Very informative. I don't own ETP right now although I have in the past. Just a few questions and thoughts which I would like to get an opinion on, Ray.

    Is ETE a better investment than ETP right now?
    Also, what about the Canadian pipelines?
    Anyone, any thoughts.

    Canadian Pembina Pipelines has done very well for me, both in share appreciation and dividends. If the dollar continues its long secular decline, the Canadians seem a good investment. Pembina is not an income fund any longer. Canadian taxes are a bit high, but the dividend % makes it quite comparable maybe a little superior to current US MLP returns.
    May 28 09:50 AM | Likes Like |Link to Comment
  • Gulf Resources: Due Diligence Raises Serious Questions [View article]
    So much of accusation/counter-acc... My opinion: best to stay away unless you directly know more than can be found through standard filings and on the web on individual small-cap Chinese companies -- and know Chinese! I thought I had some sophistication after so many years of trading stocks ... but this much gooh is too thick to penetrate. Be cautious.
    Apr 26 11:48 AM | 5 Likes Like |Link to Comment
  • Michael Steinhardt's Variant Perception on Widepoint [View article]
    I kept buying this stock on strength from $0.78 during the summer to $1.41, some months back. It has pulled back to $1.21, as I write. I will continue to hold because I think there really is a steadily rosier future for this co. The cyber-security nitch is a good one with a strong future, especially when one has government contracts to bolster it. Some may view it the other way -- so much revenue derives from a few government customers. The most recent statements by the co. indicate a future rise in revenues of about 20-25% over the next year -- not huge but very respectable. Management seems conscientious and conservative. Margins should go higher in tandem. WYY is making good progress in making alliances, it seems. Apparently, the recent pullback is attributable to a combination of growth being good but not explosive and normal variability. If WYY chugs along as it has, it looks like a $1.80 to $2.00 price is warranted in the next year or 1.5 yr. Comparing WYY with similarly sized companies which are profitable and growing at 25%, it is not unreasonable to think that it could be $3 to $4 company in the not too distant future.
    Apr 2 04:48 PM | Likes Like |Link to Comment
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