BHP has interest as we all know in this industry. i happen to agree, it would be crazy to go forward w/ jansen; taking out MOS is a diversified income stream with a MUCH better balance sheet than POT, a former target of BHP. that being said, there are factors we don't know about, maybe as simple as BHP ego, etc. and i hate to buy on 'takeover target' hopes. it just doesn't work. i am a buyer of MOS though based on fundamentals at these levels; its probably dead money for 24 mos i'm guessing. the higher PPS goes however the less interested BHP gets, IMHO. if i was so smart i wouldn't be posting here, thats for sure. GLTA.
fair enough - i know lots of people loathe ETF/ETNs. don't have enough of a handle on it myself which is about a sure way to get screwed without even knowing it so i understand. when in doubt do nothing.
liza - curious to know your opinion on the alerian etf/etn options, such as MLPG? you seem to have extensive knowledge in this industry/sector, i recall u from pvx days. i dabble and have done well but am self employed that takes much of my time and energy. thinking of switching from individual names such as erf to a broader fund as much as a hedge as anything as i do not always have time to stay abreast of each company. not exactly a great entry point just now but i think we'll see a reversal in the mini-boom in nat gas price and may move then. any thoughts appareciated ty.
i understand - at least i think i do - the rates situation, the cash buildup situation and the payout cut. however, this has become just another expensive bloated mutual fund. i don't need to pay anyone to park $$ in cash. i'm not the sharpest guy in the world but i can figure that much out. this used to be a fabulous place to put some money - even significant amounts of cash - but now i'm out. other funds aren't cutting payouts and are managing the situation, check out loomis sayles, another high quality fund. i realize the approach philosophy isn't identical but come on, why does gundlach think people are going to pay a premium to have their money sit in cash? isn't that why he makes the big bucks, figure it out, others are. there's better places to put your $$$ now, that wasn't the case a year ago.