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immfunds1

immfunds1
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  • A Guide To Inflating Core EPS And Faking Dividend Sustainability Using Annaly Capital Management [View article]
    I enjoy your writing and content.
    May 21, 2015. 10:44 PM | Likes Like |Link to Comment
  • Lumber Liquidators: What Does It Mean When The CEO Resigns Unexpectedly? [View article]
    Dante -- nice to read your comments again...
    May 21, 2015. 02:21 PM | Likes Like |Link to Comment
  • Sorry Tesla, But No Battery Cigar [View article]
    With grid tied systems you sell in low demand periods at low prices and consume at peak periods at high prices. This relationship can be reversed.
    May 20, 2015. 07:37 PM | Likes Like |Link to Comment
  • Sorry Tesla, But No Battery Cigar [View article]
    agreed. Check out PHIUS and PASSIV design standards...A Tesla like system will be in each residential structure. Tesla wil have the scale to deliver the power wall.
    May 20, 2015. 07:35 PM | 2 Likes Like |Link to Comment
  • Sorry Tesla, But No Battery Cigar [View article]
    if your house was built to PASSIV standard (.6 ACH) the math would be more compelling.
    May 20, 2015. 05:17 PM | 1 Like Like |Link to Comment
  • Sorry Tesla, But No Battery Cigar [View article]
    hear, hear!
    May 20, 2015. 05:16 PM | 2 Likes Like |Link to Comment
  • Sorry Tesla, But No Battery Cigar [View article]
    Or a PASSIV house for a few days...and it recharges each day...build a PASSIV house and use Tesla's products...A current "battery closet" is about $20K installed. The comparable Tesla would be < $10K...I think it's about $10K all in for the Tesla rig...If you want grid tied too, that would be more...The real expense of an average house is its lack of insulation.
    May 20, 2015. 05:15 PM | 4 Likes Like |Link to Comment
  • Sorry Tesla, But No Battery Cigar [View article]
    The price of comparable battery storage systems is > 2X Tesla...So called grid-tied systems are expensive to install in their own right and the utility companies hate the competition. Telsa's systems solve a number of problems. They store in lieu of a gas generator,and, enable on-demand use. So, the PV system on the roof makes energy in the day that would be used at peak demand times at night through the Tesla battery system. Further, several batteries can be linked to dramatically increase total capacity. Bottom Line: You can put this rig in a SF home in an urban environment and live off grid. Tesla Power Wall could end up being much bigger than Tesla auto.
    May 20, 2015. 12:44 PM | 13 Likes Like |Link to Comment
  • J.C. Penney's Stock Is Priced For A Recovery, Not Bankruptcy [View article]
    Which JCP competitors do you like?
    May 16, 2015. 10:56 AM | Likes Like |Link to Comment
  • Prospect Capital Has Become Absurdly Cheap [View article]
    I sold PSEC, but still own FSC. Rights offering below BV??? Management compensation???...Huge red flags. What does management say when confronted with these questions?
    May 7, 2015. 09:34 AM | 4 Likes Like |Link to Comment
  • Prospect Capital Corporation: Investors Getting The Jitters? [View article]
    I sold my long term position recently. I gave up on management.
    May 6, 2015. 11:22 AM | 5 Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    fees and leverage on swap spread. Open an IBKR account and borrow at 50 bps instead.
    Apr 30, 2015. 09:26 PM | Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    20% BV discount. > 10% per annum dividend in a zero rate environment. mREITs should not trade at BV discount. They should all announce share BB programs, liquidate or go private...from management's perspective it's permanent capital with locked in fees.
    Apr 30, 2015. 09:23 PM | 1 Like Like |Link to Comment
  • 11.2% Dividend REIT American Capital Agency Showed Signs Of Stress In Q1 2015 [View article]
    AGNC is already levered ~ 7 : 1
    Apr 29, 2015. 07:55 PM | Likes Like |Link to Comment
  • American Capital Agency Illustrates The Busted Agency MREIT Business Model [View article]
    AGNC is just a BD prop desk rolled into a public company. The environment is tough for anything related to running a FI book. The stock trades at a 15% plus discount and throws off lots of cash which is great. The company produces positive economic returns. Some 7% + net economic return in a zero rate environment is ok especially when you receive 20 cents per month. It is what it is and that's not so bad. A brid in the hand is worth tow in the bush.
    Apr 28, 2015. 02:43 PM | 7 Likes Like |Link to Comment
COMMENTS STATS
116 Comments
193 Likes