Ocean Man's Comments Ocean Man's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/953225/comments American Capital: A Unique BDC With No Dividend And A Large Buyback Program http://seekingalpha.com/article/1487162/comments?source=feed#comment-19755542 19755542 Sat, 08 Jun 2013 21:21:08 -0400 Factset's Buyback Quarterly is a must-read for followers of corporate share repurchases. In Q4, buybacks rose 9.6% even as markets posted record highs, leaving Mike Shedlock to wonder: "Is this yet another case of 'here we go again'?" http://seekingalpha.com/currents/post/1047321?source=feed#comment-19305871 19305871 Mon, 27 May 2013 21:31:10 -0400 With Plenty Of Cash, Hydrogenics Is A Buy http://seekingalpha.com/article/1383641/comments?source=feed#comment-18263361 18263361 Tue, 30 Apr 2013 08:52:09 -0400 A very bullish presentation from Longboard Asset Management helped Tesla (TSLA +7.4%) rally today. Calling Tesla the auto industry version of Apple (others have made that analogy in some form) due to its brand, management, and disruptive impact (among other things), Longboard predicts shares will hit $100 within 18 months and $200 within 5 years. The firm expects Tesla to grab 80% of the global EV market, praises the company's engineering skill, and expects a heavy short interest (44% of the free float is shorted) to help fuel a rally. (slides) Update: SA commenters report having seen Longboard's presentation earlier. However, it was only today that it received media coverage. http://seekingalpha.com/currents/post/979381?source=feed#comment-18244391 18244391 Mon, 29 Apr 2013 17:52:45 -0400 Magnum Hunter's $401 Million Eagle Ford Sales To Penn Virginia Helps Both Companies' Growth Plans http://seekingalpha.com/article/1318581/comments?source=feed#comment-17190841 17190841
Do you know what MHR bought this acreage for? $2M. Yes, two million dollars. Three years ago. Since then they've spent $263M developing the acreage and have pulled out $80M in net cash flow.

I call that a nice return on investment.

This also confirms what a steal SN pulled off in their deal. Long both.]]> Wed, 03 Apr 2013 19:29:52 -0400
Do you know what MHR bought this acreage for? $2M. Yes, two million dollars. Three years ago. Since then they've spent $263M developing the acreage and have pulled out $80M in net cash flow.

I call that a nice return on investment.

This also confirms what a steal SN pulled off in their deal. Long both.]]> Texas Hold ‘Em Tournaments And Value Investing http://seekingalpha.com/instablog/957061-chris-demuth-jr/1709031-texas-hold-em-tournaments-and-value-investing?source=feed#comment-17096451 17096451
One example is that Helmuth ranks small pocket pairs far higher than math would suggest, but he makes them work for non-math reasons. First off, they're binary - if you don't flop your set, you're out, and if you do flop your set, they're relatively simple to play, so you cut down on the mistakes you make with those hands. Second, when the flop comes K-9-4 and you show aggression, most opponents put you on a pair of Kings rather than a set of 4s, so there's very often a stealth factor to your true strength.]]> Mon, 01 Apr 2013 22:24:18 -0400
One example is that Helmuth ranks small pocket pairs far higher than math would suggest, but he makes them work for non-math reasons. First off, they're binary - if you don't flop your set, you're out, and if you do flop your set, they're relatively simple to play, so you cut down on the mistakes you make with those hands. Second, when the flop comes K-9-4 and you show aggression, most opponents put you on a pair of Kings rather than a set of 4s, so there's very often a stealth factor to your true strength.]]> Texas Hold ‘Em Tournaments And Value Investing http://seekingalpha.com/instablog/957061-chris-demuth-jr/1709031-texas-hold-em-tournaments-and-value-investing?source=feed#comment-17083561 17083561
Your article is terrific, and I have found a few other similarities between investing and poker in my experience. First, alongside Expected Value is always variance. An out-of-the-money call option and a utility stock could have the same EV, but you might have a 60%+ chance of losing your entire investment on the former. I liken Hold Em tournaments and no-limit games to high-beta investment choices, and 20-hour grinds in a limit ring game to low-beta investment choices.

Second, the bad beats are very similar in the two. In both, you find yourself in situations where you should have won, only to find something very unlikely happened at the worst possible time. It's a tough feeling to live with, because there are no offsetting situations where you should have lost and got lucky to win, because in both poker and investing, if you've identified a negative EV situation, you've exited.

Third, I find a strong similarity between being up big on a stock and realizing you've got the nuts. The strategy of maximizing that big win contains the same exhilaration and considerations in both arenas.

I'm sure there are more....]]> Mon, 01 Apr 2013 15:39:14 -0400
Your article is terrific, and I have found a few other similarities between investing and poker in my experience. First, alongside Expected Value is always variance. An out-of-the-money call option and a utility stock could have the same EV, but you might have a 60%+ chance of losing your entire investment on the former. I liken Hold Em tournaments and no-limit games to high-beta investment choices, and 20-hour grinds in a limit ring game to low-beta investment choices.

Second, the bad beats are very similar in the two. In both, you find yourself in situations where you should have won, only to find something very unlikely happened at the worst possible time. It's a tough feeling to live with, because there are no offsetting situations where you should have lost and got lucky to win, because in both poker and investing, if you've identified a negative EV situation, you've exited.

Third, I find a strong similarity between being up big on a stock and realizing you've got the nuts. The strategy of maximizing that big win contains the same exhilaration and considerations in both arenas.

I'm sure there are more....]]> March Madness Trading Challenge http://seekingalpha.com/instablog/792422-brad-kenagy/1566811-march-madness-trading-challenge?source=feed#comment-16712251 16712251 Sat, 23 Mar 2013 19:17:31 -0400 March Madness Trading Challenge http://seekingalpha.com/instablog/792422-brad-kenagy/1566811-march-madness-trading-challenge?source=feed#comment-16364121 16364121 Sat, 16 Mar 2013 09:48:27 -0400 March Madness Trading Challenge http://seekingalpha.com/instablog/792422-brad-kenagy/1566811-march-madness-trading-challenge?source=feed#comment-16354841 16354841 Fri, 15 Mar 2013 20:52:42 -0400 March Madness Trading Challenge http://seekingalpha.com/instablog/792422-brad-kenagy/1566811-march-madness-trading-challenge?source=feed#comment-16244661 16244661 Wed, 13 Mar 2013 16:47:47 -0400 Ellington Financial (EFC) reports estimated book value of $24.52/share on Feb. 28. This is down from $25.69 at the end of January, but the company paid out $1.52 in dividends during the period. The stock price is $24.90, putting the shares at a premium to book for the first time in recent memory. (PR) http://seekingalpha.com/currents/post/876611?source=feed#comment-16024691 16024691 Fri, 08 Mar 2013 08:35:12 -0500 March Madness Trading Challenge http://seekingalpha.com/instablog/792422-brad-kenagy/1566811-march-madness-trading-challenge?source=feed#comment-15566071 15566071 Wed, 27 Feb 2013 07:42:22 -0500 Exelon Cuts Dividend, Market Yawns http://seekingalpha.com/article/1199691/comments?source=feed#comment-15149091 15149091 Mon, 18 Feb 2013 08:49:12 -0500 QR Energy Offers An 11.1% Yield, Backed By Hedges http://seekingalpha.com/article/1199671/comments?source=feed#comment-15148701 15148701 Mon, 18 Feb 2013 08:39:19 -0500 Market Notes: Drilling For Profit In Oil Servicers -- February 14 http://seekingalpha.com/instablog/306707-dr-kris/1553361-market-notes-drilling-for-profit-in-oil-servicers-february-14?source=feed#comment-15019671 15019671 Thu, 14 Feb 2013 21:49:56 -0500 Ellington Financial (EFC) declares a Q4 dividend of $0.77/share and a special dividend for FY2012 of $0.75. The regular dividend is a 10% bump from the previous payout. Kudos go to SA Pro author Thomas Lott who in mid-December highlighted this underfollowed partnership as an alternative investment idea for mREIT fans. Shares +3.5% AH. (PR) http://seekingalpha.com/currents/post/822941?source=feed#comment-14911501 14911501 Tue, 12 Feb 2013 20:07:23 -0500 Dear growth investors: Earnings growth is getting hard to find and is increasingly concentrated to fewer big firms (last year: financials). If Fed help is less effective, where to find growth in 2013? Sectors that might see better sales-boosting chances: consumer discretionary (on rising consumer optimism), and those that get their revenues from China and emerging economies, like GM and industrials, as well as those based in emerging markets. http://seekingalpha.com/currents/post/747171?source=feed#comment-13358691 13358691
1) The absolute hottest brands on the planet. I maintain that the best plays on this idea are KORS and APP.

2) Oil juniors with triple-digit projected growth. My top pick of these is SN, with 377% projected growth for 2013 and no debt.

3) Manufactured EPS growth, due to a large buyback program. My favorites here are PNRA and DPS, but there are lots of others.]]> Sun, 06 Jan 2013 10:06:20 -0500
1) The absolute hottest brands on the planet. I maintain that the best plays on this idea are KORS and APP.

2) Oil juniors with triple-digit projected growth. My top pick of these is SN, with 377% projected growth for 2013 and no debt.

3) Manufactured EPS growth, due to a large buyback program. My favorites here are PNRA and DPS, but there are lots of others.]]> Seeking Alpha Trading Survivor Contest http://seekingalpha.com/instablog/792422-brad-kenagy/1364131-seeking-alpha-trading-survivor-contest?source=feed#comment-13203521 13203521 Tue, 01 Jan 2013 23:31:15 -0500 Seeking Alpha Trading Survivor Contest http://seekingalpha.com/instablog/792422-brad-kenagy/1364131-seeking-alpha-trading-survivor-contest?source=feed#comment-13198521 13198521 Tue, 01 Jan 2013 20:01:55 -0500 Seeking Alpha Trading Survivor Contest http://seekingalpha.com/instablog/792422-brad-kenagy/1364131-seeking-alpha-trading-survivor-contest?source=feed#comment-13006001 13006001 Wed, 26 Dec 2012 17:00:56 -0500 Midday top 10 gainers: MEMS +72%. NLP +38%. ARCI +20%. INFI +14%. VVUS +14%. NCTY +13%. SKX +12%. SQNM +11%. PSUN +11%. MTSL +11%. Midday top 10 Losers: STV -46%. ZLC -29%. CNET -18%. SCHL -18%. TLYS -17%. STJ -14%. CLNT -13%. EBR -11%. HGSH -11%. KID -11%. http://seekingalpha.com/currents/post/679531?source=feed#comment-11857961 11857961 Wed, 21 Nov 2012 14:04:27 -0500 Matador Resources: Taming The Bull That Is Eagle Ford Shale http://seekingalpha.com/article/980891/comments?source=feed#comment-11298121 11298121
A couple other advantages of Eagle Ford over the Bakken are transportation costs due to proximity to the Gulf, and average drilling costs. Due to rocky ground vs. soft earth and depth needed to get to the oil, Bakken wells can average $9M each to drill while some in the Eagle Ford can be drilled closer to $6M.]]> Tue, 06 Nov 2012 15:58:17 -0500
A couple other advantages of Eagle Ford over the Bakken are transportation costs due to proximity to the Gulf, and average drilling costs. Due to rocky ground vs. soft earth and depth needed to get to the oil, Bakken wells can average $9M each to drill while some in the Eagle Ford can be drilled closer to $6M.]]> What Would You Like To Know About Your Favorite REIT? http://seekingalpha.com/instablog/330973-brad-thomas/1248681-what-would-you-like-to-know-about-your-favorite-reit?source=feed#comment-11295831 11295831 Tue, 06 Nov 2012 15:05:02 -0500 A Good Option Strategy: Exploiting Earnings - Associated Rising Volatility http://seekingalpha.com/article/310703/comments?source=feed#comment-11160381 11160381 Fri, 02 Nov 2012 10:18:22 -0400 For Dividends, It Might Be Time To Explore Business Development Companies http://seekingalpha.com/article/902371/comments?source=feed#comment-10144841 10144841
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http://seekingalpha.co...]]> Buckle (BKE) declares $0.20/share quarterly dividend, in line with previous. Forward yield 1.68%. For shareholders of record Oct 15. Payable Oct 26. Ex-div date Oct 11. (PR) http://seekingalpha.com/currents/post/543001?source=feed#comment-9574121 9574121 Tue, 18 Sep 2012 09:43:24 -0400 2 DIY Dividend Stocks To Buy And 1 DIY Dividend Stock To Avoid http://seekingalpha.com/article/871001/comments?source=feed#comment-9541341 9541341 Mon, 17 Sep 2012 11:40:25 -0400 Furniture Brands: This $1 Stock Could Surge With The Housing Turnaround Or A Short Squeeze http://seekingalpha.com/article/861001/comments?source=feed#comment-9478691 9478691 Fri, 14 Sep 2012 22:17:52 -0400 Vanguard Natural Resources Combines High Yield Plus Dividend Growth http://seekingalpha.com/article/823121/comments?source=feed#comment-9434051 9434051 Thu, 13 Sep 2012 23:20:08 -0400