Boink. Again down big time while market is way up. I can understand your frustration but not your thought process. You may lie but numbers don't. Just think if you had sold it a dollar ago. You could always buy back in...
Sentiment: Strong Sell
Well, there is other good news as well. The market is up strong today. Other BDC's are up with the market (PSEC, BKCC, ARCC, etc.). oh, MAIN is down? Yeah, you just have to love those SO's and 3.8M sells of common stock. Dilution always helps existing shareholders. NOT.
Well sir, you are giving it back then. You should have sold long ago and reinvested. Keep turning your money. The market soared today but TNK tanked - again. What a POS.
Janik should have let the numbers speak for themselves. If he wanted to spin anything he could have mentioned the Henderson purchase more and how that should continue to grow revenue.
As for that xirio go check his posting history. 30 a day and a lot of insults and name calling. He is just a foul ball.
Shares had a nice rebound but are giving that back. IMO, we will have a couple weeks of rebound (all things being equal).
Oh, no no no. Shareprice, just like the market, is predicated against what expectations are for the future, not the past. TNK has been crushed most recently, ever since the last earnings release. Today shares are down worse than the percentage that the DJI is up. At that rate your kids will be lucky to attend a 2 year community college and will need student loans at that.
I wish you well but take exception to you predicting future performance based on past performance. Always a mistake. A common mistake that occurs when investors are unwilling to take profits hoping that they will continue. Don't let greed or false hopes stand in your way of realizing profits. You have zero capital return until you sell.
IMO, you made a good move. I bought options myself on the dip. The growth, P/E, yield, will begin to play out once the emotions of conference call abide. Hold tight now.
agreed on need for storage. however, that need is not reflected in PPS for storage entities rather they be onland or floating.
NSH NuStar is an example of a company with good financial metrics and devoted to storage. They are max'ing out yet shareprice continues to slide simply because of their affiliation to oil. Same as for TNK.
Hedge and Mutual funds are selling off these positions and will continue to do that as oil continues to slide. and it will.
At the end of the day, regardless of fundamentals, it is all about fear based trading and what Mr. Market perceives as value. Trading typically is prompted by emotion and institutional buyers are known for that. TNK will be a long play and we should expect considerable erosion to shareprice in the short term, that being current to 1 year.
That is total baloney. All stock traded on Nasdaq. Not known if they will have to repurchase their own shares (best scenario) or gov't purchases portion of outstanding shares (bad scenario as CTCM may simply issue SO and distribute to Russia).
Edict a month away. Time to evaluate but not really optimistic.
Very risky investment.
over a 3.6% decline to PPS right after the murder. just a coincidence?
oh, how/when does MBT pay dividends?