It is not just Yahoo, it is lots of web site. Plus, ads popping up all over the place. Recently, I replaced my wireless mouse which was misbehaving with a wired gamer mouse. Works great, plus a major benefit is the small clickers on the right side of the mouse which control volume up and down. I always keep it at zero unless I want to hear something. No more fidgeting with the volume control on the screen.
A year ago, this stock was selling at $9.94. Today, it is at $6.51. That is a 35% drop. That is not chicken feed. I own a number of BDCs and Reits. While all of down, FSC is down a lot more than the rest of them.
I don't see where they mentioned anything about the first and second quarter dividend in 2015. So, are we left to guess whether they are dividends, or will they tell us in June of 2016 that they are Return of Capital.
Holy Smokes. What took then until the middle of this year to determine that ALL of 2014 dividends are NOT dividends but Return of Capital? Have they fired the CFO along with this announcement? Where did they think those cash distributions were coming from in 2014?
Fortunately, I hold this stock in a tax deferred IRA. So, this reclassification will not impact me. For those holding this stock in a taxable account, you will have the enjoyment of having to file an AMENDED 2014 Federal and possibly State return. Otherwise, you will have paid too much tax for 2014, and when you eventually sell the stock, you will be paying a higher capital gains tax because your purchase cost of this stock will have been reduced by the amount of the 2014 Return of Capital.
Hey, Lucy. Since you seem to think so little about AGNC, hopefully you no longer own any shares. In consideration of that, why are you wasting your time and our time posting your negative thoughts. Just maybe you should have investigated more and discovered that just about all REITS have performed negatively to the S&P. Maybe with a little further investigation, you would have learned why that is the case, and maybe with a little patience for the next couple of years you will change your opinion as to the performance of AGNC..
So, B of A just downgraded KORS to Neutral with a price target of $60. Let's see, right now the price is $46.29. So, a move to $60 would be nearly a 30% increase. Somehow that 30% increase is rated a Neutral at B or A. What a joke.
Today's volume was 70% above its 90 day average. The stock has dropped $5 a share in the last two months, and nearly $8 a share in the last 9 months.
Ex div. day was 4/1, and the dividend was 21 cents. On 3/31, the stock closed down 23 cents. On 4/1 when it went ex the 21 cent dividend, the stock was down 33 cents, 12 cents more than the dividend. On 4/2, ti dropped another 23 cents, and today it is down a further 31 cents. How do you explain a $1.10 drop on a 21 cent dividend.
Volume already is 2 1/2 times average 90 day volume, and the market remains open for another 2 1/2 hours. In the meantime, management is tight lipped. I hold numerous BDCs, all of which are up today except two which are both down only one cent.
If you look at a 5 year chart, you will see that 2013 was the only year the dividend declared in December was paid in December. For the preceding three years, it was paid in January., the same as happening now in 2014.
35 million divided by today's close of $14.02 comes out to 2,496,343 shares. The 90 day average daily volume has been 76,972 shares. So, at today's closing price, they would be purchasing the equivalent of 32 trading day worth of volume.
Volume started rising last Friday and hit a peak today with over 35,000 shares traded at 9:36 AM. Some large holder or an institution wants out, I suspect. They are doing it in a sloppy manner. Perhaps they are very fearful and wanting to get out soon, have little choice other than to sell at panic prices. I doubt someone would short this stock with such low daily volume. Then again, this entire market has been absolutely paranoid. BDCs, REITS and high yield bond stocks are being hammered.
As to interest rates, I have to question how the Fed could raise rates when the rest of the world is lowering them. We need to see growth in Europe and China as well as some sort of recovery in Russia. If no growth in those areas, then I foresee our economy following them into the toilet.
Yesterday and again today, there were two major share dumps (today was over 35,000 shares at 9:36 AM). Whoever is dumping those shares is doing it in a manner that immediately drives down the price per share as this stock only has an average daily volume of under 77,000 shares. So, that is a huge shock. The question remains as to whether that trader knows something that we do not know.
I am a long term investor, and I do not panic and sell just because of bad news coming out on a stock. There was a time when I would act in haste, sell a holding and then live to see it bounce back. That being said, after much consideration, I decided to sell my 800 shares this morning.
For the past several months I have held on to it, not expecting the price of oil to continue its drop, while at the same time having comfort in the CEO advising the dividend was safe through 2015. OK, so I decided to ride it out and at the same time collect the dividend.
Something is seriously wrong here. For the CEO to go back on his word and completely eliminate the dividend, say to me that SDRL has major financial concerns. On top of that OPEC and other oil states do not appear willing to cut production. That being the case, it would seem probable that oil will continue its slide which is one more reason why SDRL stopped the dividend. Maybe I am wrong but folks, I believe there is trouble in River City with a capital T.
So, I will take my losses, lick my wounds and at least have the comfort of knowing that I have stopped the bleeding.
Thanks. I purchased more VALE today. Why would you sell at the bottom? You will regret selling here, and I suspect you will begin to feel that regret in the very near future.
Alibaba (baba) opened at $92.70. It went up to around $99, then down to a low of $90. It closed at $93.89. The fact that its first closing price was about 38% higher than what it was "priced" at, bears little relationship to it trading price. Do you know anyone who bought it for $68 other than the institutions involved in the original pricing exercise? Everyone else buying it today paid at least $90, and most paid a good bit more.
In my opinion, it did not do very well today. There was a huge pent up demand but there was little follow through. If I had to forecast, my bet would be that baba will sink lower than today's close over the coming weeks
Fidelity shows a low of $12,23 which does not make sense as the Fidelity daily chart shows a low of $12.81 just a few minutes before the close.
Cantor Fitzgerald downgraded today, 3/21, from Hold to Sell with a target price of $50. Say current price is too expensive. Talk about going out on a limb.