I get it "this is a lengthy process" said Lee Anne Loupe
USEG has been working on Red Lady for 43 years...yes a lengthy process
this year I've been doing that in my IRA account and it has worked reasonably well. I did get back in today at $16 on the nose. That method allows me room in my account to add on price dips as the sale of ARCP at 16.43 gained me about an 18% profit, if it were to drop in price and I had not sold the profit would drop now I can add should the pps drop down further
well its down about 3% here today in pre market...I sold yesterday at 16.43 but will be buying back so looking to start accumulating below $16
How is this legal ? Where else is there this type of legal theft ?
Come on America leave ratings out of this game !!
small-cap stocks are covered by iShares Core S&P Small-Cap ETF (IJR), which tracks the S&P SmallCap 600 Index. While S&P's strict index inclusion criteria don't have much impact in a broad stock market index, their impact is more pronounced in the small-cap space, where quality can be more of a concern. The S&P SmallCap 600 Index has trounced the Russell 2000 Index by 82 basis points per year over the past decade. That outperformance is attributable at least in part to holding higher-quality stocks during a difficult economic environment.
Well, at least there seems to be some progress in expense control
On March 5, 2013, the Company sold its corporate aircraft for $1.9 million.
On March 5, 2013 the Company entered into a Purchase and Sale Agreement to sell its Remington Village Apartment Complex located in Gillette, Wyoming for $15.0 million. The agreement is subject to due diligence, with the transaction anticipated to close on May 6, 2013.
I'm sure you must have planned for a potential pps drop so with that in mind you must also have had a portion allocated to additional purchases. For me I use a set pps target BEFORE i initiate my initial purchase. Unfortunately with SD my initial purchase was about $7 and my plan was to add at 5.60 and lastly at 4.77 with each add about 20% more that the initial...the average would then be about the 5.60. I'd sell and 20% profits on any position and sell the puts today...have sold some calls so losses not too bad
EMC Insurance Group Inc. (EMCI) said it expects 2013 earnings of $2.40 to $2.65 per share. The current consensus earnings estimate is $1.85 per share for the year ending December 31, 2013.
so lets see 1.85/2.50 about 35% better than expected
Funny its up about 35% since November 2012