If you are going to play in the stock market casino---you will need to use
all the attributes that contributes to success in the Las Vegas arena--
Steady nerves, Careful "money management" Etc.
Would suggest you take a look at Stag and spend a few hours reviewing:
Latest quarterly report
Latest earnings call transcript
Seeking Alpha Article
Stock closed down pretty sharply today (December 11th) at 19.70 +/-
At that price yields 6+% Good chance for the monthly $.10 dividend
to increase in 2014 IMHO. If the dividend could get to $.12 monthly
($1.44 per annum) --yield at current price would be over 7%
You could be a real Player with this stock ---This should not
be regarded as a trading stock but one to consider accumulating over
a period of several months and holding for the next few years
(after you have done your own due diligence and
with awareness of all the risk factors---not the least of which is potentially rising
interest rates which already has had a negative impact on most
OK-Any suggestions as to how to win at Blackjack (consistently)
for a decent player who does not count cards? Thanks.
Although my preference for "new money" would be Stag,
GLTA with O
IMHO At $19.63 Close Today ---down sharply (December 11,2013) a buying opportunity---
Not a double your money quickly stock, but for income oriented investor
would suggest gradual accumulation and establishing position under $20)
At current price yield is 6%+ with monthly dividend at $.10 ---Hopefully an
increase in dividend rate in 2014.
Most REITS have been weak recently--largely related
to general perception of increase in interest rates in 2014 and beyond---
IMHO STAG can more than "offset" and bounce back into low $20's
in next few months assuming excellent execution on its
strategy --(-see Transcript of recent conference call and 3rd qrtr. 2013
Still, risks are ever-present not the least of which is an overall significant
market correction (10%+?), which could drag down most stocks including STAG.
That is why I would suggest gradual accumulation approach---
Everyone should do their own due diligence.
You could very well be right to wait--Clearly there are risks as I
At $15 this would yield 8% on current dividend of $1.20
Might or might not turn out to be a "jewel"---However I would respectfully disagree with your
categorization of this REIT as "hidden"---more than 6,000,000 shares traded each of the
last two days---
thanks quik and double hmmmm for now---tomorrow is another day.
Good observation if one is short term oriented---not only as related to SRPT but appropriate for
most stocks----The great song "The Gambler" pretty well summarizes
the methodology required for trading success in the "casino"
I still like to think that there is still a place for long term investing---but
one needs to have a lot of attributes to succeed:
Equanimity (Balanced Spirit)
Good point. Assuming company could generate eps in fiscal 2015 (commences Oct 1 2014) of $50+ ---and
assuming "the market" came up with even a 14 PE--stock could be at $700 this time next year.
this would be a 25% rate of return on $560 current price + dividend---
A 14 PE multiple works out to a 7%+ "earnings yield" In addition company currently has excess
cash over and above what is needed to run the business--probably looking at accretive to earnings
We seem to have 12 extremely talented members on the Board of Directors.
Nevertheless perhaps we could get the job done with 7 or 9?
As a point of reference Pfizer has 13 members on their Board.
IMHO someone on our Board should come up with a plan to settle the Pip
case out of court---put the destiny of Siga shareholders back under the
control of the Board, not Judge Parsons, not the attorneys---
Any judicial decision involving a sharing of profits with Pip will not work out
in my opinion---There is the potential for endless bickering and more
legal mumbo jumbo involving the determination of "profits" --what expeneses
were appropriate etc. --More litigation etc. etc.
Re: Law School--Not to late---
In any event there are a lot of "could have's", "should have's
surrounding the Siga investment experience--The Board of Directors
could have/should have/ resolved the Pip situation a long time ago
(See my recent Board of Directors post)
But that would be looking back and what theThe Board needs to do
now is get this over and move forward.
It is possible the Board of Directors got caught up in the "Abilene Paradox"
This should be done before the end of the year (2013)
It should not take more than 3-4 hours to resolve this--
Two directors from each company should meet at first
(no attorneys present) and work out a preliminary agreement
that is fair and equitable IMHO a settlement would not
involve a sharing of profits --- but rather:
Some cash to Pip
Royalty arrangement on future sales of Arestvyr
Warrants to Pip Shareholders to buy Siga stock (price to be worked out)
Shareholders of both companies would benefit immensely.
That is what Directors are supposed to do---work to enhance shareholder value