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jbzw

jbzw
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  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #61 [View instapost]
    Thanks. My question was directed to RD who suggested that CR or you buy his house in CA and rent it back to him. Bad tax impact. I appreciate your detailed reply which gives us more food for thought.
    Jan 29, 2015. 01:11 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #61 [View instapost]
    Is the 25% tax on rental properties still in effect?
    Jan 28, 2015. 10:09 PM | Likes Like |Link to Comment
  • OSHC Owners Forum [View instapost]
    I agree with you that time is money. The book value of OSHC is around 16.88 after the recent stock repurchase. I would estimate a purchase at around 1.15 or roughly 19.41 per share. If that were to occur this year, your gain would be around 35% plus dividends paid. Not too bad for holding a small bank with low risk. Remember the OBAF results from last year. Hopefully, we will all be well rewarded before the end of the year. Good luck to you and all of the other holders.
    Jan 28, 2015. 07:17 PM | 1 Like Like |Link to Comment
  • OSHC Owners Forum [View instapost]
    No need to rush this coiled spring. Management appears to have gotten the message and seems to be doing what needs to be done correctly. I would prefer taking some time to get the best price rather than selling for an earlier lower one. I am considering a transfer in kind of my IRA shares to my Roth account at current prices. The tax would be due on the current FMV. Any subsequent gain on the shares in the Roth would be tax free.
    Jan 28, 2015. 11:42 AM | 1 Like Like |Link to Comment
  • Will The Supreme Court Disallow Subsidies On Health Insurance Purchased Via The Federal Exchange? [View instapost]
    You are correct and that fact shows Congress meant to establish the limitation on subsidies. There is really no ambiguity on this one, only non- legal issues which are not part of the SC's functions.
    Jan 28, 2015. 11:30 AM | 2 Likes Like |Link to Comment
  • Kratos Defense: Major Orders Keep Rolling In For This $5 Drone Play [View article]
    I took a quick look at them. There were two downgrades last month. Further, the almost 12% YTM is backloaded, while current yield is around 8.3%. Due to the nature of its business, it may be a buyout candidate which would help support the bonds. I have mixed emotions about this one and will give it some more consideration. I share your comment about obtaining higher yields. Thanks.
    Jan 28, 2015. 11:20 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #61 [View instapost]
    As usual, thanks for your detailed reply.
    Jan 27, 2015. 06:59 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #61 [View instapost]
    SG: Glad these purchases have worked out well for you. I have also done well with the Northern Oil which I still hold. It is currently yielding over 9% and I am willing to stay with it awhile. I also still hold some of your others which still have good yields. I am not persuaded that there is such a glut that prices will fall much further causing defaults. I have also done well with Penn Va SR NT 7.25 due 4/15/2019 (Cus 707882AC0) trading in the low eighties. There have been some SC 13G filings recently which are supportive of this issue. Continued good luck to you and the others on this site.
    Jan 27, 2015. 05:53 PM | Likes Like |Link to Comment
  • Will The Supreme Court Disallow Subsidies On Health Insurance Purchased Via The Federal Exchange? [View instapost]
    The misnamed ACA sets forth the critera for subsidy eligibility. Your comment addresses policy which you believe should be in place. The SC is required to intrepret the existing ACA which does not require that subsidies be made available to all. Thanks.
    Jan 27, 2015. 10:30 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #61 [View instapost]
    I agree that the prudent side is with the corporate bonds. Will the interest and principal be paid, and do not worry on a daily basis about all of the other noise. Shorter term,higher yielding, and below par , par, and only slightly above par bonds will hopefully allow me to hunker down in the coming market storms. Even if the market highs have not been reached for this year, I can give up some gain for more predictability in my portfolio. Thanks.
    Jan 27, 2015. 10:01 AM | 1 Like Like |Link to Comment
  • The Limited Vista Brings Us Back To Orbital Sciences [View article]
    Stifel raised its price target today to ---$35. Gosh, where have I seen that number before?
    Jan 26, 2015. 08:55 PM | 2 Likes Like |Link to Comment
  • Will The Supreme Court Disallow Subsidies On Health Insurance Purchased Via The Federal Exchange? [View instapost]
    I have taken the time to review the conflicting decisions of the Fourth Circuit and the three judge panel of the DC Court of Appeals. Night and day. In my view, the DC panel correctly found that state subsidies were the only ones allowed under the law. So much for the law. The case is now being reviewed by the Supremes. After also reviewing the original ruling ( where the dissent got turned into the majority decision based on a tax bill not introduced by the House ), I have no confidence that reason and the law will prevail. Unfortunate for all of us.
    Jan 26, 2015. 08:22 PM | 2 Likes Like |Link to Comment
  • The Limited Vista Brings Us Back To Orbital Sciences [View article]
    Thanks for the link. More good news. Roystone Capital filed a SC 13g today showing a 6% stake in ORB.
    Jan 23, 2015. 10:20 PM | Likes Like |Link to Comment
  • Chris DeMuth, Jr. Positions For 2015: Banking M&A, Milestone Payments, Litigation Results [View article]
    The District Court has entered final judgement in RVP's favor. Appeals and cross appeals are probably the next order of business absent a settlement. What target price do estimate forits stock? Thanks.
    Jan 22, 2015. 07:04 PM | 1 Like Like |Link to Comment
  • Thompson Creek: 2015 Guidance Points To Modestly Positive Cash Flow At Current Spot Prices [View article]
    Thanks for your article. I hold some of the 2019 senior notes which currently yield over 12%.
    Jan 22, 2015. 03:13 PM | Likes Like |Link to Comment
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