e-notifications for cash go out at 1PM
(smirk)
You cretins wouldn't know a krugerrand from a corn cob!@
SD was a $60 stock in 2008, so here we are in 2013 and SD is in the $5s. Now the spin off trusts are following the same trajectory. Because the trusts aren't 'managed' they at least have a chance to recover IF natural gas prices go way up, which they won't because of massive horizontal supply in the US.
Got CVRR ?
CVRR is the undiscovered high yielding jewel in the refinery biz.
I know stuff.
CVRR is up today, while VLO is down.
CVRR is the undiscovered high yield gem in the refinery biz.
If you look at a quote and don't see yield, look a little deeper because CVRR is paying large distributions now.
It's called same sector analysis. It's also called selling HIGH, to buy LOW. Yield figures for CVRR are in error on almost every finance site. Trust me, the yield for CVRR is not zero.
If we continue to populate this board with CVRR messages, the site may be obliged to open up a message board for CVRR.
Todays refinery score card;
PBF +2.8%
VLO +2.0%
MPC +1.9%
PSX +1.3%
CVRR -2.3%
My sense is that the decline in CVRR was an unusual event because of the CVI stake sale today.
Retail malls got a hand out from the US Senate when internet sales will now be taxed. Also, there are still juvenile people in this world who think dividends are a free lunch, with no corresponding price drop after the record date.
Try explaining '1990 MM$' a little more clearly. They must be using $9 MCF for natural gas?? So if most everything is hedged in the $3s MCF, what would be the point here ? A boat in the natural gas river, but no sail to ride with ? Speaking of water, IF (if) the book value is really $24, why hasn't this attracted sharks ? Oh wait, even sharks won't bite into $987,000,000+ in DEBT ?!
One might round to $1 BILLION in debts, but that would be rounding, eh dolts ?
SandRidge is known for wreckless borrowing and stupid hedging. You can't expect much from a brain dead trust that was spun off from such a parent. (smirk)
You wouldn't know a krugerrand from a corn cob!
Go worship you paper tiger 'golden' calves.
I laugh so loud it hurts.
I guess it's better to dilute, than to be a debtor ?
619 shares of Berkshire Hathaway (A) traded today. That must mean it's a stock for clowns per steve ?
Keep counting your cash distributions as your wells deplete. Trusts get floated to lure in dupes, like yourselves. (smirk)
LACO is value stock. I can read a balance sheet. Go read a poker face steve! Caesar is a giant pile of debt.
Assets in the ground are one thing, but debts don't get paid by promises, they get paid in CASH.
Well then Dennis must be broke because bonds have been in a bull market since approximately 1981, and currently are at all time high prices. What we have today are mortgage rates at record low rates, Treasuries record low rates, etc. Is that going to change some day ? Of course, but when.....2017 ??
You remember 1995, when your stock was higher than it is now ?! SCIENCE!