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Kinder Morgan Energy Partners Message Board

bigbear.2010 382 posts  |  Last Activity: 17 hours ago Member since: Feb 7, 2010
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  • Reply to

    Just for everyone's infomation

    by glitski Jun 23, 2016 11:44 AM
    bigbear.2010 bigbear.2010 17 hours ago Flag

    bacon, thanks for the full story. PSEC management, IMHO is one group who does not give a flying fkk about their shareholder. I have never seen a company tell shareholder to go fly a kite like these folks do. JMPO.
    da bear

  • Reply to

    Just for everyone's infomation

    by glitski Jun 23, 2016 11:44 AM
    bigbear.2010 bigbear.2010 20 hours ago Flag

    doc, you are 100% correct it was PSEC. PSEC mgnt set a letter to yahoo complaining about some bad post and Yahoo shut it down. If I remember it was a gang of posters lead by a poster called packman, who were responsible for that deed. I think the board just recently open after a 6-month closure. In any case, it was a lot more serious that bad's childish post. Put him on ignore with the other sickos.
    da bear

  • Reply to

    U.S. ought to be the safe place

    by ockiote 21 hours ago
    bigbear.2010 bigbear.2010 20 hours ago Flag

    Actually, IMHO, this situation may end up helping this board. I know my investment account, which a lot comes from here is up a wee bit, but unfortunately, my growth account managed by the pros is down 4% . Go figure.
    da bear

  • Reply to

    Q to the Market Math Wizrds on the Board

    by ockiote Jun 24, 2016 12:38 AM
    bigbear.2010 bigbear.2010 22 hours ago Flag

    Phil, fortunately not a complete surprise to me as most late polls indicated is was doable but close. I do like your and cloridick's ideas of grabbing some UK stocks on the cheap. I will review your suggestions. Thank for the info.
    da bear

  • Reply to

    Q to the Market Math Wizrds on the Board

    by ockiote Jun 24, 2016 12:38 AM
    bigbear.2010 bigbear.2010 22 hours ago Flag

    clro, great idea, I had not thought of addressing the situation along those lines. I think I may just do that.
    da bear

  • Reply to

    Q to the Market Math Wizrds on the Board

    by ockiote Jun 24, 2016 12:38 AM
    bigbear.2010 bigbear.2010 22 hours ago Flag

    Agree, this is just a knee-jerk reaction as money now seeking safe havens. Possibly, after the first reaction, it may help US markets. JMPO.
    da bear

  • Reply to

    PRE MARKET

    by slicktop4 23 hours ago
    bigbear.2010 bigbear.2010 23 hours ago Flag

    slick, thanks for the idea. This is how the board should function.
    da bear

  • Reply to

    FOR ALL YOU SHORTS...

    by slicktop4 Jun 23, 2016 3:25 PM
    bigbear.2010 bigbear.2010 Jun 23, 2016 9:32 PM Flag

    Slick, I agree, looking back, that "s probably the best way to have played it if you were going short.
    da bear

  • Reply to

    A GREAT day to add DXD and SCO

    by thewisejman Jun 23, 2016 8:18 AM
    bigbear.2010 bigbear.2010 Jun 23, 2016 10:11 AM Flag

    j, Totally agree. The last polls I read showed the "yes vote" up by 1%, but 7-8% still undecided. So, it is basically a coin toss. Personally, I think they will exit, but that just gut feel and based on nothing concrete. In any case, it could get nasty tomorrow.
    da bear.

  • Reply to

    A GREAT day to add DXD and SCO

    by thewisejman Jun 23, 2016 8:18 AM
    bigbear.2010 bigbear.2010 Jun 23, 2016 9:47 AM Flag

    j, don't think we will see $18.93 today. Remember this DXD is at a 10 yr low. How far can it rationally drop?
    da bear

  • Reply to

    A GREAT day to add DXD and SCO

    by thewisejman Jun 23, 2016 8:18 AM
    bigbear.2010 bigbear.2010 Jun 23, 2016 9:43 AM Flag

    j, Don't think we will see $17.93 today. Maybe $17.97 around 11:00 AM if we are still bullish then.
    da bear

  • Reply to

    O/T WMB

    by ockiote Jun 22, 2016 11:08 AM
    bigbear.2010 bigbear.2010 Jun 22, 2016 11:54 AM Flag

    Tulas, think you are right about WMB. ETE jumped big time yesterday on rumour that they can get out off the deal based on some bad tax info advice, by WMB's people.
    da bear

  • bigbear.2010 by bigbear.2010 Jun 22, 2016 11:49 AM Flag

    Hey folks, Today I am researching the HTS -NLY merger for some arbitration benefits. NLY has offered for each HTS share the following options.
    1. $15.85 in cash.
    2. 1.5226 NLY shares = $16.22 at its current pps.
    3. $5.55 cash + 0.9894 NLY shares = $16.08 at its current pps.
    Effective date of acceptance is 07/11/2016
    HTS currently at $15.72 share and NLY at $10.66 share.
    NLY does go X on 6/28/2016 for $0.30, which may or may not apply to the equation .
    NLY stock, IMHO, at a worst case situation, after the x-date would have a projected pps of $15.92, on 07/11/2016.

    Here is where I set now. I have 2k shares of HTS shares, which I bought pre X-date for $16.21 and did capture the $0.45 divvy from HTS.

    Those are the facts, I could use some of that big brain power out there on how each of you might play this scenario. Any thought or ideas are appreciated. .

    da bear

  • Reply to

    HFC being downgraded

    by thewisejman Jun 17, 2016 2:42 PM
    bigbear.2010 bigbear.2010 Jun 22, 2016 11:03 AM Flag

    phil, thanks for the idea. I finally just read imt. IMHO, 55% is really down there, but that is not to say that 30% is a crazy figure to use.
    da bear

  • Reply to

    Odds of a Brexit

    by thewisejman Jun 21, 2016 8:05 PM
    bigbear.2010 bigbear.2010 Jun 22, 2016 10:50 AM Flag

    My general, If I may interject, I realize cooper at one time posted a lot , but IMHO, cooper is a straight shooter and deserves our respect. If for nothing else than actually following up and doing what he posted he would do. It has helped FSC stockholders immensely, again IMHO.
    1Lt. da bear

  • bigbear.2010 bigbear.2010 Jun 22, 2016 10:38 AM Flag

    An Obama appointed judge who believes in the constitution, how #$%$.
    da bear.

  • Reply to

    Odds of a Brexit

    by thewisejman Jun 21, 2016 8:05 PM
    bigbear.2010 bigbear.2010 Jun 21, 2016 8:45 PM Flag

    j, that's the way I look at it. The bookies feel that the odds are in favor of the UK voting to leave the EU. three to one to leave.
    da bear,

  • Reply to

    If you really WANT to make a lot of MONEY

    by thewisejman Jun 21, 2016 2:31 PM
    bigbear.2010 bigbear.2010 Jun 21, 2016 8:37 PM Flag

    j, I see great minds think alike. : ) I just restarted a new DXD position this moring at $18.16. I like your 3% double down concept, but IMHO, any accumulation will probably be limited to lest say, $17.75 and above. DXD hit a 10 year low this month at $17.88, from which it immediately rebounded. Again IMHO, we have kind of found the bottom of all that unfounded enthusiasm and euphoria in the market. Personally, I find it difficult to comprehend that the DXD has sunken to such lows in face of the reality of the health of the American economy, but it has.

    My thinking on a DXD position at this time is as follows. Looking back over the last 5 years of the DXD we see a continuing downtrend as we move further and further from the 2008 market crash, but in 2015 it seems to have developed a base in the $20 area and the pps hovered around that figure for all of 2015 into 2016 where we saw a move down to the $18 area in April. IMHO, much of that attributed to the Fed talking a tough game, but then playing softball. If I am correct the new base will be that $18 figure for the rest of 2016. The interesting scenario is that in both 2015 & 16 there were rapid upward spikes that lasted a month or two before retreating. I am hoping to catch one of those again before 2016 ends. On the other side, IMHO a steep or prolonged decline below $18 is not in the cards this year as the economy simply is not in condition to grow rapidly. These are just some of my personal thoughts for discussion. What do you folks say?

    da bear

  • bigbear.2010 bigbear.2010 Jun 20, 2016 7:18 PM Flag

    J, keep on pumping out those ideas and thoughts. They really add value to the board. If we all contribute ideas we find interesting, it sure opens up the options available to us all.
    da bear

  • Reply to

    Todays action

    by bigbear.2010 Jun 20, 2016 1:26 PM
    bigbear.2010 bigbear.2010 Jun 20, 2016 4:19 PM Flag

    Well folks, I did break down and make one last minute purchase today. I purchased a tranche of HTS at $16.21 pps. Interesting situation there. Tomorrow is x-day with a $0.45 divvy. In July they are to be acquired by NLY on various methods of stock, cash or stock and cash. If one takes the the current NLY price times the 1.5226 conversion you get a $16.24 stock value. Just about the price HTS is trading pre x-date. If it drops $0.45 or more tomorrow then there is the possibility of a built in gain weather you take stock or cash and stock for your HTS shares. I just found the scenario interesting.
    da bear

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