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Linn Co, LLC Message Board

bigbear.2010 454 posts  |  Last Activity: May 29, 2016 2:32 PM Member since: Feb 7, 2010
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  • Reply to

    bigbear, did you get

    by bacon2bacon Apr 18, 2016 4:15 PM
    bigbear.2010 bigbear.2010 Apr 18, 2016 5:11 PM Flag

    Put an opening order in for both it and DLNG. Actually hit DLNG harder as it is marginable. Thanks for that great info.

  • Reply to

    bigbear, did you get

    by bacon2bacon Apr 18, 2016 4:15 PM
    bigbear.2010 bigbear.2010 Apr 18, 2016 5:05 PM Flag

    After a quick look I should take a small shot at it tomorrow at the opening. I did not see you post until late in the afternoon and it had taken off by then. All and all it appears to be a cash cow, now that it has those two new contracts. 24% divvy is crazy so most likely it will continue to rise. Did notice that it is non marginable which hinders me a bit , but that can be overcome.
    da bear

  • Reply to

    bigbear, did you get

    by bacon2bacon Apr 18, 2016 4:15 PM
    bigbear.2010 bigbear.2010 Apr 18, 2016 4:51 PM Flag

    No, another one I missed. You day trader types are just too agile for me. It's up about $.87 today. I have not done any DD or any research on it so I am asking. Does it still have legs?
    da bear

  • Reply to

    How Deep Are the FSC Defendants’ Deep Pockets?

    by jimcooper28 Apr 17, 2016 12:21 AM
    bigbear.2010 bigbear.2010 Apr 18, 2016 4:39 PM Flag

    All I know jim, is that old Chinese proverb which says; Man who walks around with his hands in his pocket, feel cocky all day. The devil made me do it.
    da bear

  • Reply to

    What an unpredictable market!!!

    by thewisejman Apr 18, 2016 11:23 AM
    bigbear.2010 bigbear.2010 Apr 18, 2016 4:34 PM Flag

    Latest news I saw on oil is that the oil workers in Kuwait have gone on strike. If the strike holds for any time, it will offset the expected surplus in oil production and demand may be in harmony. Sounds like a song limerick to me. Supply and demand are in harmony, so what does that mean for folk like me. Gas at the pump and oil to burn, why do we consumers never learn. That in the days to come we will surely pay, for all the cheap gas that we pump today. Things are getting bad here in the forest folks, we are slowly losing our minds.
    da bear

  • Reply to

    your out to make money

    by bigeisback Apr 16, 2016 9:09 PM
    bigbear.2010 bigbear.2010 Apr 18, 2016 11:10 AM Flag

    back, Thanks for confirming the x-date run history. I have an opportunity to get a more at $10.38 which I think I shall take advantage of to average down some. At 10.38 the BV discount does not look at bad as at $10.50, although it seems it should be realistically should be under $10. In this case, I am all for some irrationally in the market. JMPO.
    da bear

  • Reply to

    New Residential: Big Dividend, Discounted Price

    by docpvh Apr 18, 2016 9:35 AM
    bigbear.2010 bigbear.2010 Apr 18, 2016 10:28 AM Flag

    bacon, that's a good point. SA, maybe be preaching to the choir. Personally, I use them a lot for background info when I am doing DD on a stock, but I am a value investor not a trader so the chart analyticals, while important, do not drive my investing decisions.
    da bear

  • Reply to

    Considering ORC.

    by bigbear.2010 Apr 13, 2016 3:54 PM
    bigbear.2010 bigbear.2010 Apr 18, 2016 10:21 AM Flag

    cs49, Thanks for the post. I looked at the two you mentioned. FTAI at first look seems great and appears to be in the right area for growth and income. My only nagging concern is their commitment to the offshore energy sector Once I get my DD finished and I feel good about that issue I think I will take a little bit. FEC!. is one that I could not find any info. on in my system, so I will have to dig deeper. Thanks again for the post.

  • Reply to

    New Residential: Big Dividend, Discounted Price

    by docpvh Apr 18, 2016 9:35 AM
    bigbear.2010 bigbear.2010 Apr 18, 2016 10:06 AM Flag

    doc, I hope you are right. Of course good news is always great, but unfortunately, we have seen positive article after article come out and the stock drops or simply hobbles along. Upgrade after upgrade and no appreciable movement. I am not a short and have great faith in the fundamentals of NRZ, but IMHO, we will not see any appreciable upward movement in the pps until the market has stabilized and these holding funds have sufficient cash to weather the withdrawals that come with a market downturn and/or the time arrives that all the fund are out that want to be out of NRZ. On the other hand, it appears to me that the move to having a larger retail investor contingent seems to be happening, but slowly. If my math served me correctly, in the last few months retail investors have increased their holding by about 13MM shares, which IMHO, is progress and a good thing. JMPO
    da bear

  • Reply to

    RSO ?

    by paulstutz Apr 17, 2016 1:29 PM
    bigbear.2010 bigbear.2010 Apr 18, 2016 9:28 AM Flag

    Phil, after you original comments and my own DD, I believe you to be correct.
    da bear

  • Reply to

    This is a BIG question of today!

    by yieldinvestor2015 Apr 18, 2016 8:55 AM
    bigbear.2010 bigbear.2010 Apr 18, 2016 9:25 AM Flag

    wrong, you related to wright? Maybe you are just looking at it the Wrong Way. Sorry folk, the devil made me do it. Remember, reproduction and coping are some of the highest forms of flattery. Not that I am in any way suggesting we all begin to copy what his name's style. JMPO.
    da bear

  • Reply to

    RSO ?

    by paulstutz Apr 17, 2016 1:29 PM
    bigbear.2010 bigbear.2010 Apr 18, 2016 9:14 AM Flag

    wise, lately the market is betting against you as the stock continues to climb, but a divvy cut is never out of the picture. IMHO, the risk vs return at 14+% still seems a tad bit high for today's market. I would expect to see it eventually settle in the 13+% area to keep it in line with other income stocks of a similar nature. JMPO.
    da bear

  • Reply to

    How Deep Are the FSC Defendants’ Deep Pockets?

    by jimcooper28 Apr 17, 2016 12:21 AM
    bigbear.2010 bigbear.2010 Apr 17, 2016 7:38 PM Flag

    Jim, keep up the great work. I, unfortunately, can't contribute anything to be of help, but there are some fairly astute folks on this board that might just have some information to add.
    da bear

  • Reply to

    RSO ?

    by paulstutz Apr 17, 2016 1:29 PM
    bigbear.2010 bigbear.2010 Apr 17, 2016 7:31 PM Flag

    Paul, I recently purchased RSO.RB simply for the yield. Seemed like a fairly safe play at the time and I am actually up a wee bit. I personally do not know if I will hold for the longer term or sell on the next divvy run up as against all odds, JY and her crew may raise interest rates a 1/8 or 1/4 just to prove they can. I don't think the economy could stand a raise, but then I am not on the board. At least, not now. : ) IMHO, the common of course, is riskier, but they are paying handsomely in the 14-15% range for that risk. FWIW, most of the stuff I have read in Seeking Alpha and WS Observer seems to be bullish. Like some before have said, Cohen is the wild card in this deck. JMPOI
    da bear.

  • Reply to

    Considering a little taste.

    by bigbear.2010 Apr 13, 2016 4:56 PM
    bigbear.2010 bigbear.2010 Apr 15, 2016 6:28 PM Flag

    I agree that the BV discount is an issue. Trading so close to the newly released BV, which took me by surprise, really has made me feel uncomfortable about owning the stock. Actually, I had determined not to buy in after a number of posters on the FSC board basically convinced me that this was and is a bad group of management folks with many conflicts of interest and basically were rip off artist in suits. Unfortunately, I forgot to close out my various limit orders before I went to bed and "bang" the next morning I login to find that I am the proud owner of 4k shares at an avg cost of $10.53. After getting literally chastised for even considering an ORC purchase by many fellow posters, I really do not have a warm and fuzzy feeling about the stock. I should never have entered those limit orders before I did my complete DD review, so like so many other trades I have made, I have no one to blame but myself. I have read from other posters here that this stock has a history of pps run-ups into the divvy. I will hopefully get out at that time with a small profit if it holds up that long.
    da bear

  • Reply to

    ORC-ers... THIS does not bode well for YOU!

    by corsage_isle Apr 13, 2016 8:15 PM
    bigbear.2010 bigbear.2010 Apr 15, 2016 6:01 PM Flag

    yep, he sure likes to see himself in print. Must do something for his ego or he does not have a life. Probably a little of both. Folks, might take him more seriously if he toned it down a bit because some of his post make sense. IMHO, with his continual spontaneous posting folks are just tuning him out completely. JMPO.
    da bear

  • Reply to

    good dip

    by bigeisback Apr 14, 2016 2:08 PM
    bigbear.2010 bigbear.2010 Apr 15, 2016 5:43 PM Flag

    Be careful what you wish for. We are sailing in unchartered waters with a discount to BV of about 5%. We could easily dip and not recover. Other MRBS are trading at much larger discounts. Only thing IMHO, maintaining this level is the high divvy. Any questions or uncertainty about that divvy, and we are back in the mid $9 range in no time. JMPO.
    da bear

  • Reply to

    Considering ORC.

    by bigbear.2010 Apr 13, 2016 3:54 PM
    bigbear.2010 bigbear.2010 Apr 15, 2016 3:27 PM Flag

    Thanks jj, I will take a look at both of them. I am always open to new ideas.
    da bear

  • Reply to

    Any thoughts on ORC?

    by bigbear.2010 Apr 13, 2016 3:45 PM
    bigbear.2010 bigbear.2010 Apr 15, 2016 1:14 PM Flag

    wise, I am a glutton for punishment, I bought another tranche at $10.47, Avg cost now at $10.55. Any runup before the divvy and I am out. I really do not have a warm and fuzzy feeling about the stock. JMPO.
    da bear

  • Reply to

    Any thoughts on ORC?

    by bigbear.2010 Apr 13, 2016 3:45 PM
    bigbear.2010 bigbear.2010 Apr 14, 2016 11:10 PM Flag

    Extra share count is not good IMHO. I may wait for a divvy run up and bail. What ae you thought on a course of action. Still thinking we get over $11.00

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