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Gladstone Investment Corporatio Message Board

bigbear.2010 398 posts  |  Last Activity: 11 hours ago Member since: Feb 7, 2010
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  • Reply to

    30% distribution cut

    by arsesm Sep 15, 2014 3:44 PM
    bigbear.2010 bigbear.2010 11 hours ago Flag

    You are really veering off my point of you making unfounded and illogical post and try to nick pick my response. But to say a 30% divvy cut is in the books and give no reason is somewhat impulsive or insane. Fortunately for you, I am always prepared to answer a questioning mind. Firstly, if you do not think that interest rates do not effect MLP' stock pps I strongly suggest you do some reading on that. Even the most fundamental thing like yield which is historically the basic underlying valuer of MLP's is a direct reflection on pps visa a vie current interest rates. With prime at 20% a 12% yielding MLP does not command as high a pps as when prime is at 10%. I am not going to attempt to address interest rates on their borrowing and other cost as I would need to write a book.

    In any case let's attempt to address your most recent question which I think is; why did one go up and one falter? This is like trying to explain the difference between oranges and apples to one who does not know these stock but, again I will attempt to do so. I personally do not know exactly why one has gone up and one has gone down but from an operating prospective they both have very similar operating ratio's and margins. No advantage to either here. We can then look at shareholders, offerings, purchases and mergers. Clearly BBEP has an advantage in those area's. ARP has twice the % of institutional holders. 2/3rds. the volume, recent offering, and no prospective merger on the front burner. Maybe that has something to do with it.

  • Reply to

    Seasonality

    by jbcguy 17 hours ago
    bigbear.2010 bigbear.2010 16 hours ago Flag

    Much will depend on weather. The movement-especially from oil to gas-has began in the commercial and utilities end of the business. Unfortunately, it will not happen overnight but, progress is being made. The more pipelines the better in this case as they-IMHO-are the backbone of this upcoming change.

  • bigbear.2010 bigbear.2010 16 hours ago Flag

    Diddo Jack. Just read that Chinese Trading Giant-forgot the name-has recently rented several of the ULCC type super tankers just to store oil as world oil prices have dropped so much they can't afford to sell it.

  • Reply to

    Reason it is still under priced

    by bobdbus 19 hours ago
    bigbear.2010 bigbear.2010 16 hours ago Flag

    Nice article on Seeking Alpha: "Awilco Drilling lost 30%; what to do next." Lays out all the potential problems facing Awilco and reviews then justly. Basic conclusion was; problems are overblown and this represents a Great buying opportunity. I know some of you hate SA but, many people-including myself-respect a well written or thought out piece. This may have helped our cause some.

  • Reply to

    30% distribution cut

    by arsesm Sep 15, 2014 3:44 PM
    bigbear.2010 bigbear.2010 19 hours ago Flag

    arsesm, I appreciate that you are a reader. That is good. Please read other post beside yourself in the future so that you understand ARP and the MLP market a little better. Firstly, all MLP's have seen a decline over the last few months. Some have rebounded faster than others this week. Unfortunately, most are still under their pre sell-off pricing. There is nothing technically wrong with ARP but like all other MLP's its faces headwinds like interest volatility, occasional bad press, declining energy cost noise and an onerous GP agreement that hinders growth in distribution. Combine those with a thinly traded stock, sector money-flow and a high sustainable yield and you have ARP's pricing scenario.

  • Reply to

    shorting by big guns

    by buster0391 Sep 15, 2014 6:12 PM
    bigbear.2010 bigbear.2010 Sep 16, 2014 7:00 PM Flag

    Buster, Unfortunately, I tend to disagree with you about adding at these sub $19.50 prices. At $19.14 this is a pure steal if nothing else by based on it's yield. ARP is not a good short candidate as there are simply no catalysis for continued downward pricing pressure outside the fact that is so thinly traded. We saw this week it being hit with a double whammy of a possible interest increase and oil pricing falling out of bed. Still, all in all the stock held up fairly well. On the other hand I don't think we will see any price appreciation past the $21-22 range simply because of the current agreement with our GP.

  • Reply to

    Shorties have arrived!

    by jbcguy Sep 16, 2014 3:22 PM
    bigbear.2010 bigbear.2010 Sep 16, 2014 6:44 PM Flag

    It's one thing to pen an educated post. It is another thing to make totally unsupported and unfounded idiotic statements. I welcome you as a poster here but, please do some thought first as now you are branded as a dullard, which may or may not be true.

  • Reply to

    Possibly we've seen the end of this nonsense

    by bobdbus Sep 16, 2014 10:00 AM
    bigbear.2010 bigbear.2010 Sep 16, 2014 1:08 PM Flag

    Wanted to buy more yesterday but, found that this stock does not permit margin. Should have known better but, I don't usually get involved with pink sheet stocks and forgot that fact. Still in the hole about $20k so I have a way's to go. Down but, not out.

  • Reply to

    Where is the volume?

    by twomovehigher Sep 16, 2014 10:48 AM
    bigbear.2010 bigbear.2010 Sep 16, 2014 1:01 PM Flag

    Up $1.16, I would say that's good.... :-) More like "Thank God," finally some intelligent investors moving in or no one wanting to sell at those depressed prices of yesterday.

  • Reply to

    Why the sudden drop???

    by jerry062425 Sep 2, 2014 1:33 PM
    bigbear.2010 bigbear.2010 Sep 16, 2014 10:36 AM Flag

    Drop is result of rumors surrounding upcoming Fed. meeting that they make break their promise not to raise rates until summer 2015. Also, increase in Mortgage rate to 4.24% and small uptick in 10 yr. note. I have not read the article noted here but, in general the mREIT's do well in troubled times.
    Cheers,
    da bear

  • Reply to

    30% distribution cut

    by arsesm Sep 15, 2014 3:44 PM
    bigbear.2010 bigbear.2010 Sep 16, 2014 10:09 AM Flag

    arsesm, A little tip; you have to back such statements with some facts or rational reasoning. Otherwise educated posters will think you a boob and idiot.

  • Mgt seems to be doing all the right things. Is this simply in response to possible interest rate increase?

  • Reply to

    New Positive article from Barrons

    by tribbda Sep 15, 2014 9:06 AM
    bigbear.2010 bigbear.2010 Sep 15, 2014 11:58 AM Flag

    Yep. Also an other article in Wall St. Journal saying good things. Yet we are getting the poop kicked out of us with all the other energy MLP's. Guess it only counts when they print something bad.

  • Reply to

    Too Many things Against us.

    by bigbear.2010 Sep 15, 2014 10:29 AM
    bigbear.2010 bigbear.2010 Sep 15, 2014 11:51 AM Flag

    I agree with you but, unfortunately I already own 18k share at $19.90 The recent sell off in energy has left me out of powder but, I guess I will sell something and get another 2k. This price seems crazy low.

  • bigbear.2010 by bigbear.2010 Sep 15, 2014 10:29 AM Flag

    Folks, IMHO we are fighting a battle against things this company can not control and can not press forward if they continue. We have potential rising interest rates, stalled economies through the world-even China. Oil prices that are falling out of bed and a large natural gas stockpile. I am going to hold because of the nifty divvy but, this pps is begining to make me nervous.

  • Reply to

    An Article on Yahoo

    by gr0operator Sep 15, 2014 7:59 AM
    bigbear.2010 bigbear.2010 Sep 15, 2014 10:03 AM Flag

    Let's hope she is strong enough to keep them where they are until next year.

  • Reply to

    Undeniable Positives To Impact Economy

    by casadipace777 Sep 14, 2014 1:49 AM
    bigbear.2010 bigbear.2010 Sep 15, 2014 9:54 AM Flag

    Sorry Jack, but he lost my attention as soon as he used that typical liberal rant of " you are then a racist if you don't think like I do."

  • Reply to

    Oil & Gas Financial Journal

    by karakoranclimber Sep 13, 2014 8:32 PM
    bigbear.2010 bigbear.2010 Sep 15, 2014 9:31 AM Flag

    Unfortunately, everyone is focusing on negative reports for 2015 which may never happen. Good to see some positive info.

  • Reply to

    Hedge Fund having a fun time with LNCO

    by crk00 Sep 11, 2014 10:01 PM
    bigbear.2010 bigbear.2010 Sep 15, 2014 12:24 AM Flag

    Crk, I do not disagree with your right to have an opinion but, IMHO you are a little out of touch with reality. If you believe all the conspiracy theory that you purport to be the case, why then are you in the market? The truth about hedge funds is that most go broke within 5 years as do mutual funds. Fortunately, it takes them a little longer. A recent study showed that there were about 1850 MFs in 1999. In 2009 there were 736 left of which 27 had beaten there group benchmark over that 10 year period of time. In any case, I digress so let me just wish you successful investing.
    Cheers,
    da bear

  • Reply to

    #$%$

    by dwoodsfl Sep 13, 2014 6:47 PM
    bigbear.2010 bigbear.2010 Sep 14, 2014 3:24 PM Flag

    Gracie, Always appreciate Jack's and your input. Helps me not immediately hit the panic button ..

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