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Ameriprise Financial, Inc. Message Board

bottomfisher2012 13 posts  |  Last Activity: Jul 17, 2014 2:42 PM Member since: Apr 15, 2012
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  • I keep getting a message do you want to leave this page after I try to get some stock quotes. This started after they got the new CEO and she may not want to give this service away without making it annoying. So I can see why the ad $ go elsewhere as traders use their brokerage websites more and yahoo less. I liked Yahoo for the Message boards but it is getting less worthwhile now. I hope someone at Yahoo sees this and they fix the problem and buy another server or whatever they need. It may come cheap compared to firing some of the help executives and paying them hundreds of millions of dollars.

  • bottomfisher2012 bottomfisher2012 Jul 10, 2014 10:23 PM Flag

    Usually the company has a limited number of shares available to be issued. When the reach the limited number of shares a vote of the shareholders would be required to increase the number of shares the company can issue.

    Sentiment: Hold

  • Does anyone know if the court is now in session and a trial has begun regarding the Railroad Lease. It seems that something must have happen to drive prices up temporarily to $9.55. We could seem the teens without a court room victory if speculators bid up the price. At the current price the Railroad could make an offer to buyout the company on the cheap to save court costs. Instead, it is possible that there is insider trading going on by Railroad Lawyers friends and relations. I would hold and hope for another price jump as this plays on in the trail system.

    Sentiment: Hold

  • Reply to

    Early spike?

    by nickflooding2 Jun 12, 2014 11:09 AM
    bottomfisher2012 bottomfisher2012 Jun 12, 2014 1:23 PM Flag

    IRAQ is collapsing and oil prices are headed up. Oil stocks and royalty trusts with safe US. Based assets are headed up with the price of oil.

    Sentiment: Hold

  • Reply to

    DJ 2 Abandoned?

    by saxa1984 Jun 3, 2014 7:43 AM
    bottomfisher2012 bottomfisher2012 Jun 9, 2014 4:24 PM Flag

    Check the Schedule for this years work. I think this is premature. I am hoping for news in July or August as to the start of some income. Now that McMoran is no longer a company, the focus is not on DJ2 or only the gulf. So, news may be less timely. Some give back in the run up of the Unit Price is expected. With so much money invested lets hope the technology works. I believe that the gas is there, but that the technology to get it out needs to be developed and proven. We may have to wait for results as tools jam and perforating guns misfire.

    Sentiment: Hold

  • Reply to

    AT Value in a Sale or Merger

    by atinvestor May 29, 2014 9:02 AM
    bottomfisher2012 bottomfisher2012 Jun 4, 2014 4:45 PM Flag

    $12 is way more than book value. Book Value has been declining as they are eating into it to pay dividends. I think $6 to $8 is more likely as it might leave some upside for the buyer. This is more than book value which is probably near $5 to $7 now. But a working plant might be worth more than a to be built plant.

    Sentiment: Hold

  • Reply to

    AT Value in a Sale or Merger

    by atinvestor May 29, 2014 9:02 AM
    bottomfisher2012 bottomfisher2012 Jun 4, 2014 4:44 PM Flag

    $12 is way more than book value. Book Value has been declining as they are eating into it to pay dividends. I think $6 to $8 is more likely as it might leave some upside for the buyer. This is more than book value which is probably near $5 to $7 now. But a working plant might be worth more than a to be built plant.

  • bottomfisher2012 bottomfisher2012 May 14, 2014 10:31 PM Flag

    I have another idea as to the price. The market is looking at the chart for HSH and seeing a decline back to $32 and below as newly minted HSH shares flood the market.

    Your options are to bet on the deal being completed and sell HSH shares short now before the decline, or sell call options on PF for September or December in the price range of $36 or more. The options are usually thinly traded with wide spreads between the bid and asked prices. So selling the option can be risky and if they are exercised you pay another commission reducing any profit. Selling the HSH shares short is even more risky as if HSH gets a better offer you will not get them for PF shares.

    Holding for the HSH offer to go through is a safe bet. If the merger works, HSH should be worth more after the initial sell off is over.

    Sentiment: Hold

  • bottomfisher2012 bottomfisher2012 May 14, 2014 1:00 PM Flag

    After the breakup fees were announced, PF shares started to be sold off. The market probably does not think that the breakup fees were high enough to hold the deal. It looks like around a dollar a share as the cost for HSH to walk away from the deal. Any accounting errors, or other bids could derail the merger. Also, the market is going up. It is likely that after the merger you will be stuck with shares with limited upside as the post merger sell off kicks in to gear. At that point other stocks might still be rising.

    Sentiment: Hold

  • bottomfisher2012 bottomfisher2012 May 13, 2014 3:16 PM Flag

    If he is just making minor purchases to exercise his employment options it does not mean anything. He and his wife could be just continuing to enrich themselves at shareholder expense. The stock is difficult to trade as it is thinly traded. I would assume that he did exercise options granted so he did not make an open market purchase. Any large share purchase would likely push the shares up to near $10.00. However, please be aware that the options shares are likely dilutive to the company.

    Sentiment: Hold

  • Has anybody read the article. I saw the Bad to Worse part and I figure they need to raise capital or sell the company. I expect that eliminating the dividend might help but it might not raise cash fast enough to bail out the management . If you have the details to the article please post it.

  • Reply to

    Market Doesn't Like the Deal

    by ronkaren69 Apr 30, 2014 9:47 AM
    bottomfisher2012 bottomfisher2012 Apr 30, 2014 12:45 PM Flag

    Only time will tell if this helps out although it is supposed to be accretive to earnings of about 15 cents the next few years. Any synergies more than the announced amounts will help. The deal will dilute existing shareholders eventually as some stock or convertible preferred or convertible bonds will be issued. There is a lot of uncertainty as to any dilution. The market does not like uncertainty in the value of Exelon. It could be a buy again if we get down to near $30 or even now. If they earn more than expected and are able to sell selected assets for more cash, they will have to issue fewer dilutive securities. Short term the market is waiting for a new evaluation by analysts as to new price targets and the deal impacts. Detailed analysis takes time and the quick reaction is to discount the stock 5%. I am holding for more analysis.

    Sentiment: Hold

  • Reply to

    MLP Planning question

    by prescient2001 Apr 22, 2014 11:22 AM
    bottomfisher2012 bottomfisher2012 Apr 23, 2014 12:45 PM Flag

    FCX already owns a lot of GULTU and it could restructure by putting the units into an MLP plus the any of the 95% production value they own. I do not see them buying the rest of the Royalty Trust unless they offer $10 per unit. However, there might be another way to buy most of it from the hedge fund owners and gain enough control to dissolve the trust. If few UNITS are remaining they could afford to pay more than fair value or even $10, or offer MLP shares for them in exchange.

    However, I do doubt they need to buy any more of the TRUST UNITS to do an MLP. This might have got us about 10 cents up on the price today. Any other reasons for the jump? POST IT

    Sentiment: Hold

AMP
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